Gordon Gecko
4th-November-2004, 07:55 AM
Does anybody know if the BFS released is in-line, worse or better than the market expected?
From the look of it is quiet impressive.
From the look of it is quiet impressive.
View Full Version : GIP - Gippsland Limited
siempre33
31st-January-2007, 12:45 PM
GIP hasn't been mentioned on the forum since '04, so I think I can safely say it is not widely followed....looks interesting, with a very low sp....I am just starting my DD....this from their website...
"Gippsland Limited is an Australian based international resource company listed on the Australian Stock Exchange and the London Stock Exchange's Alternative Investment Market (AIM) where it trades under the codes "GIP" (Shares) and "GIPO" (Options).
Gippsland is managed by Directors who provide a complimentary blend of technical and commercial skills, and having a long history in the successful running of technically complex private and ASX listed companies.
Because of the Directors' international experience, Gippsland focuses on world-scale projects which have been over-looked by major resource groups. Projects which have undergone detailed exploration and which have the potential to be brought into production quickly are a prime target for the Company. Gippsland's success in this area is due in part to the Company's philosophy of entering into equitable joint venture arrangements with overseas nationals.
The Company's prime assets are the 40 million tonne Abu Dabbab and the 98 million tonne Nuweibi tantalum-tin projects located in the Central Eastern Desert of Egypt, adjacent to the western shore of the Red Sea. A bankable feasibility Study undertaken by Lycopodium Pty Ltd determined that the Abu Dabbab project has the potential to become a major tantalum supplier to the steadily expanding global tantalum industry. The Environmental Impact Assessment (EIA) undertaken to comply with World Bank standards was approved by the Egyptian Environmental Affairs Agency in October 2005. The company is presently negotiating Abu Dabbab project finance with a major international bank.
The Company’s recent gold exploration of the Wadi Allaqi area located to the south-east of Aswan in Egypt has yielded highly encouraging results. Initial trench sampling has delineated high-grade gold mineralisation in places up to 50 metres wide and in excess of 250 metres long. The Company is preparing to drill a number of such targets which are expected to yield similar high gold values."
"Gippsland Limited is an Australian based international resource company listed on the Australian Stock Exchange and the London Stock Exchange's Alternative Investment Market (AIM) where it trades under the codes "GIP" (Shares) and "GIPO" (Options).
Gippsland is managed by Directors who provide a complimentary blend of technical and commercial skills, and having a long history in the successful running of technically complex private and ASX listed companies.
Because of the Directors' international experience, Gippsland focuses on world-scale projects which have been over-looked by major resource groups. Projects which have undergone detailed exploration and which have the potential to be brought into production quickly are a prime target for the Company. Gippsland's success in this area is due in part to the Company's philosophy of entering into equitable joint venture arrangements with overseas nationals.
The Company's prime assets are the 40 million tonne Abu Dabbab and the 98 million tonne Nuweibi tantalum-tin projects located in the Central Eastern Desert of Egypt, adjacent to the western shore of the Red Sea. A bankable feasibility Study undertaken by Lycopodium Pty Ltd determined that the Abu Dabbab project has the potential to become a major tantalum supplier to the steadily expanding global tantalum industry. The Environmental Impact Assessment (EIA) undertaken to comply with World Bank standards was approved by the Egyptian Environmental Affairs Agency in October 2005. The company is presently negotiating Abu Dabbab project finance with a major international bank.
The Company’s recent gold exploration of the Wadi Allaqi area located to the south-east of Aswan in Egypt has yielded highly encouraging results. Initial trench sampling has delineated high-grade gold mineralisation in places up to 50 metres wide and in excess of 250 metres long. The Company is preparing to drill a number of such targets which are expected to yield similar high gold values."
siempre33
31st-January-2007, 01:58 PM
the cash flow report released yesterday seems to have encouraged some buying, as shares are up a nice pct. today....
http://www.asx.com.au/asx/research/CompanyInfoSearchResults.jsp?searchBy=asxCode&allinfo=on&asxCode=GIP&companyName=&principalActivity=&industryGroup=NO#details
GIPPSLAND FPO (ASX:GIP.AX) Delayed quote data
Last Trade: 0.135 AUD
Trade Time: 9:13PM EST
Change: 0.015 (+12.50%)
Prev Close: 0.120
Open: 0.125
Bid: 0.130
Ask: 0.135
1y Target Est: N/A
Day's Range: 0.125 - 0.135
52wk Range: 0.075 - 0.190
Volume: 335,000
Avg Vol (3m): 74,360.3
Market Cap: N/A
P/E (ttm): N/A
EPS (ttm): 0.000
Div & Yield: N/A
http://www.asx.com.au/asx/research/CompanyInfoSearchResults.jsp?searchBy=asxCode&allinfo=on&asxCode=GIP&companyName=&principalActivity=&industryGroup=NO#details
GIPPSLAND FPO (ASX:GIP.AX) Delayed quote data
Last Trade: 0.135 AUD
Trade Time: 9:13PM EST
Change: 0.015 (+12.50%)
Prev Close: 0.120
Open: 0.125
Bid: 0.130
Ask: 0.135
1y Target Est: N/A
Day's Range: 0.125 - 0.135
52wk Range: 0.075 - 0.190
Volume: 335,000
Avg Vol (3m): 74,360.3
Market Cap: N/A
P/E (ttm): N/A
EPS (ttm): 0.000
Div & Yield: N/A
Powered by vBulletin™ Version 4.1.0 Copyright © 2012 vBulletin Solutions, Inc. All rights reserved.