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CNJ - Conico Ltd

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Thought this deserved its own thread... Apart from the fact this has one of the best names for a U prospector (potential to morph into a nuclear power company?!) - what do people think - prospectus at http://www.fissionenergy.com.au/

Announcemnt from TAS today re IPO for Fission Energy

8900 sqkms of prospective exploration rights in Sth Oz incl Gawler Craton, as well as 1300 sqkms applied for in Yilgarn / Rudall Rvr in WA

IPO: 20m shares @ 20c to raise $4m, (oversubscription up to 10m shares) / min applcn 10,000 shares / opens 19 April, close 1 June

Fission plans to list June 11 with 47m shares / 12.5m 20c options

TAS shareholders (rec date 16 April) get priority for 17.5m shares
 
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Re: Fission Energy

Yep I will be applying for some. The WA licenses look quality and near existing deposits. DYOR. How much will you be applying for?
 
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Re: Fission Energy

Also have SRK shares so will be applying for their u3o8 IPO - Alara Ltd... so many choices!! If Labor Conf results if favourable outcome then these two floats are well-timed (although Alara is Peru deposits as well) - if it doesn't then may not see the same amont of interest...

From other floats with no maximum people seem to have been getting up to $10k worth but not much more - is this your reading? I guess getting a lot is not a good sign as theres not much interest?!

Might check how many shareholders TAS has versus SRK...
 
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Re: Fission Energy

I'll be applying for about $10k worth in TAS. TAS has more projects than Alara, but Alara has some Peru stuff. I have enough cash for all of them.
 
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FIS Fission Energy

Fission Energy ( Uranium ) a Tasman Resource Spinoff is due to launch this week.
Its initial SP may give us a hint as to how new Uranium Stocks are being received.
 
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Re: FIS - Fission Energy

I have applied for these but looks like im going to miss out !! :banghead::banghead::banghead:

How do they decide who gets the shares and who gets the money back?
 
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Re: FIS - Fission Energy

when do we expect to find out our allocations by? :confused: TAS have stated that the more TAS u hold the greater the chance of being allocated more FIS, i hope this is the case!
 
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Re: FIS - Fission Energy

You need to call the Advanced Share registry on ( 08 ) 93898033 with your
HIN no and they should be able to tell you.
I got mine last Friday.

good luck
 
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Re: FIS - Fission Energy

Apparantly they are listing tomorrow Monday 18th @ 12.30 EST,
but still no word on Fission site.
Anyone have an interest in these,what they might list at,seeing Uranium seems to be off the boil a little.
 
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Fission Energy Limited

Hey Guys - am new to the site but have been having a good read and will be back for sure.

Fission listed last week - but have not been able to find much on the company or prospects? Anyone know anything about this company?
 
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Re: FIS - Fission Energy

:)

Hi folks,

FIS ... 2 significant and positive time cycles
in play, this week ... so, will be alert for some
news by week's end ... :)

happy days

paul

:)

=====
 

System

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On July 15th, 2013, Fission Energy Limited (FIS) changed its name to Conico Ltd (CNJ).
 
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CNJ has been flying over the last few weeks. Anyone watching/holding this or can give some background?
 
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CNJ is my entry in the October 2020 Competition. It seeks copper, gold and cobalt in WA and Greenland. There have been options disappearing and placements made of late. Confusion reigns.

gg
 
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The fundamentals on this darling, my dart pick for the October 2020 competition make very interesting reading.

I think I'll just follow the chart. Recent placement unable to raise enough interest amongst its punters. Fully underwritten, so tallyho.

gg
 
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AUSTRALIAN SECURITIES EXCHANGE ANNOUNCEMENT
7 October 2020

GREENLAND FIELD ACTIVITIES COMPLETED, WITH ALL
OBJECTIVES SATISFIED

HIGHLIGHTS
• Field activities successfully completed at the Ryberg and Mestersvig Projects,

• Geophysics and sampling results anticipated to be received in October/November,

• Mestersvig licence has been granted, and

• All Greenland licence terms extended by 1 year
END SUMMARY.


Further, directors adding to their holdings in super funds etc
Refer 4x announcements 1st October 2020

If Mr Gumnut was to win (or place highly) in the monthly comp, I would be very happy for him.... and a little pleased with myself.
 
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It would appear that all one needs to do to make a profit in this market is google cobalt, gold, WA and Greenland. The world has gone quite mad with this virus but who am I to knock back a dollar.

gg
 
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