Ripley94
31 Jan 2017
Re: 1P 29TH MAY 15 Up 20% Today ... No news ???
Elviron1
28 Jan 2017
Re: Kiwara $285 million Correction to the previous post: GLR has the option to increase its ownership of Concordia from 51% to ~75% with the issuance of 30 million shares to whoever it is that owns the other half. This is the maximum allowed for a foreign company in South Africa. The net result is that GLR will very likely own 75%.So, things are now starting to move and it's looking exciting. If the perfect scenario were to play out this year it would look like the following:1) Shareprice continues to make gains to the 5-10p range over the course of the next couple of months.2) Drill results come back positive (i.e. confirming the historical data and recent geophysics) - decent intercepts at 0.5-1% Cu. Or drill results surpass expectations (pockets of high grade)Then we could see a re-rate to 20p+. 3) Then I'd like to see it holding and making gradual gains to the 30-40p range as more drill results and geophysics comes back over the course of the summer autumn.4) Trade sale at 100% premium to the close price of 50p on December 15th 2017 Everyone walks away a great deal richer.
Elviron1
05 Nov 2016
Kiwara $285 million Been doing a little more research as I contemplate my investment...5th Oct 2009 - Kiwara RNS on starting the pre-feasibility study to raise inferred ounces to indicated.At this point they had an open-pittable, inferred resource of 340 million tonnes at 0.78% copper (0.3% cut-off)This was 2 months before sale to First Quantum for $285 million.Galileo Resources 22 August 2016 RNS:"The targets including those as high priority for exploration by the Company and Minxcon currently host conceptually 798.55 million host lithology tons, estimated to contain 50% mineralised host at a mean grade 0.57% Cu".So 50% mineralised equates to roughly 400 million tonnes at 0.57% Cu. Even at this stage the numbers look comparable to Kiwara, 2 months before their sale. Now it's all work in progress and from the last two, more recent, RNS it's looking increasingly likely that there are going to be significant increases in the size of the resource in addition to the discovery of pockets of high grade rock to look forward to.Of course, it's worth noting that GLR will only own 51% of Concordia as things stand. Still, I'd happily take $150 million (or 50x current market cap) for the company in a few months from now. Bearing in mind that take-over premiums are rarely more than about 50%, so the shareprice just prior to takeover, in this scenario, would be about 65-70p. And generally, if you look at historic charts of companies that have been taken over, there is a gradual/strong rise to the pre-takeover shareprice in the year or so running up to it.PLENTY of potential here. Sit out and watch at your cost!
Elviron1
22 Oct 2016
Looks good to me Bought a large chunk of these on Friday as this share has all of the hallmarks of a stage 1 ready to take off - just broken above the 50 day MA on volume. And then following up with a bit of research into what this company is all about I found a number of things seriously impressive:1) Colin Bird's track record and wealth of experience2) CB's % skin in the game3) the potential size of Concordia4) current cash in bank practically equivalent to the market cap!5) previous drilling, geochemistry and geophysics already done on Concordia worth about $50 million alone6) promise of fast delivery (potential sale by late 2017, early 2018)To put it mildly it sounds exciting. The guy really knows his stuff (knows the business, knows who to talk to get it sold when it's proven up). In his June interview with Pro-active he talks about potential to be top 4 in the world. So, never mind Kibara (may have the name wrong - the one he sold off in 2011) for £275 million - this could top that...so anyone up for 100x their money?
one4all
02 Sep 2016
well it blew you're welcome world
one4all
02 Sep 2016
10 grand above the ask...ready to blow buy
one4all
02 Sep 2016
spread narrowed..nice buy
one4all
02 Sep 2016
bid now has to move up NO MORE SHARES! MMs need more shares now so the bid has to rise to get people to sell. they rae struggling now. buy orders on the book and no shares. this could take off this morning
one4all
02 Sep 2016
colin bird owns 25% of the shares like a CEO with skin in the game
one4all
02 Sep 2016
ZAKS first target 1.8p.. thats a minimum. can see 2p easily now
one4all
02 Sep 2016
dont be fooled by the prices quoted here ask 1.41form an orderly que.$2mil cash in bank and resource update due.. no brainer
one4all
02 Sep 2016
buys at 1.4p off she goes
one4all
30 Aug 2016
market cap ,2.3mill resources around 700mill do the maths
one4all
30 Aug 2016
Re: 2p target today. a lot of trades not showing.. tricks by MMs , this is being held back
one4all
30 Aug 2016
2p target today. £1.9million in cash, more than market cap at start of day. no more dilution
