If you like AGO but want to dilute your direct exposure and add in some exploration oportunities, then look at HANNANS REWARD LTD, a small cap with a decent holding in AGO, and current up coming drilling activity near St Barbaras holdings.
Re: VOR - Voyager Resources
Anybody got intel on this company ?
I cant resist the economics of Mongolia vs Australia. The easy rail (or even truck) transport to China makes for a huge profit per pound by comparison with the Shipping from Aussie Ports.
All you need is a big ass JORC :)
I undertstand the sell off was for Tax Obligations and "Portfolio Balancing"
Given the big upside potential in AVB and current drilling, I wonder what other companies this particular director has in play? obviously ones with larger potential?
Time for some google searching?
From Todays Report:
Fundraising and ongoing Financial Support
The Company’s financiers, being Macquarie Bank, Seaspin Pty Ltd and Skye
Equity Pty Ltd have agreed to continue to support the Company through
the testing phase of the Dugas & Leblanc #2. The non renounceable rights
issue as...
Yes, Market Conditions are different but the stock is highly sentimental to all the 2007 day traders who you would think could not resist the temptation if it starts to move.
:)Heres hoping:)
Re: RVE - Riviera Resources
RVE - Riviera Resources has been renamed to "South American Ferro Metals Ltd (SAFM)" so when it relists on 4th Nov ("anticipated") the new asx code will be SFZ.
SFZ
Re: RVE - Riviera Resources
29 October 2010
ASX ANNOUNCEMENT
PROSPECTUS TO RAISE $15M CLOSED OVERSUBSCRIBED
● Indicated date of admission to ASX is 4th November 2010
●Exploration will now recommence along with engineering studies to increase production to 3 million tonnes per year at...
TODAY
CORPORATE HIGHLIGHTS
PSC Renewal Application During the September quarter BPMIGAS recommended that the Pase PSC be renewed for twenty years. Discussions with MIGAS and the Government of Aceh commenced during the quarter and were met positively.
If the Permit is Granted, then...
The Maths of the current takeover bid by Dourado Resources Limited is worth looking at.
I calculate the DUO bid value at 2.7 to 2.9c depending on DUO price fluctuations.
AGU sits at 2.3 to 2.5 with a fe recent spices to 2.8.
Reading the current reoport today, I cannot calculate any forecast on production and earnings ?
It seems like they are closing down the existing operations and there will be a period of twiddling thumbs ?
I cant wait till the next quarterly report to see how big the order book is. Industry is starting to become highly aware of their reliance on Matrix product and the long lead time in the current order book. Placing an order with matrix is very high in the list of things to do if you plan any new...
Just looked into this one for the first time.
This company has significant agricultural land holdings and their focus finely balancing water rights and crop yeild.
I wonder if they have undertaken any mineralisation studies on their land holdings?
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