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2007 Mut Fed Ins Nm

0.00
0.00 (0.00%)
Share Name Share Symbol Market Type Share ISIN Share Description
Mut Fed Ins Nm LSE:2007 London Ordinary Share ZAE000010823 MUT AND FED INSURE NM
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.00 -
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- 0 ZAC

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Date Time Title Posts
01/1/200804:092007 "To Double" Performance Comparison14
01/1/200804:082007 Performance Comparison23
09/12/200715:492007 Ten Bagger Hunt365
30/8/200713:352007 Forecast: Intelligent Commentary please4
22/1/200722:05Happy New Year 20075

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Posted at 31/7/2007 17:25 by smart move
TomCo Energy PLC
31 July 2007


TOMCO ENERGY PLC
('TomCo' or 'the Company')

Commencement of ADR Programme

TomCo (Symbol: TOM) has received approval under the exemption granted by Rule
12g3-2(b) of the Securities Exchange Act of 1934, from the USA-based Securities
and Exchange Commission to implement an American Depository Receipt ('ADR')
programme for investors based in the United States. The Company has appointed
The Bank of New York as the depository bank for the ADRs which will trade on the
Pink Sheets of the US over-the-counter ('OTC') market. Each TomCo ADR will
represent 200 ordinary shares of the Company up to a ceiling of 25 per cent. of
TomCo's issued ordinary share capital.

The ADRs are expected to be made available on 10 August 2007 whereupon a Trading
Symbol will be assigned and an announcement will be made to that effect.

Howard Crosby, Chief Executive Officer, said:

'The introduction of TomCo ADRs will enable potential North American investors
easier access to the Company's shares in their own time zone and currency. The
ADR programme will also allow previous investors in Cadence Resources, with
which John Ryan and I were involved, to more easily follow the developments with
TomCo Energy going forward.

Additionally the wider US awareness of TomCo afforded by the introduction of the
US dollar denominated ADRs should greatly assist the Company with its ongoing
acquisition strategy, with the US presence facilitating the conversion of some
of the many oil & gas opportunities that we are currently evaluating in North
America.'

For further information, contact:

TomCo Energy Plc + 1 509 301 6322
Howard M. Crosby


Strand Partners Ltd. +44 (0)20 7409 3494
Simon Raggett
Warren Pearce
Thomas Lockyer

Bankside Consultants Ltd. +44 (0)20 7367 8888
Simon Rothschild
Louise Mason

Notes:

TomCo is an AIM listed company which continues to actively develop a
conventional oil production profile in the South-Western United States. The
Company also owns leases on approximately 3000 acres of shale oil holdings in
Utah, estimated by SRK (an independent firm of mining consultants) to contain
some 230 million barrels of oil. For further information on the Company visit:
www.tomcoenergy.com

About ADRs:

An ADR is a negotiable US security which is issued by a US based depositary bank
and represents underlying shares of a non-US company. ADRs are priced in US
dollars, and allow US investors to buy and sell ADRs of non-US companies in a
similar way to buying or selling shares of US domestic companies, reducing or
eliminating settlement delays, high transaction costs, and other potential
inconveniences associated with international securities trading.

An ADR is created when a broker purchases a company's shares on the home stock
market and delivers those shares to the depositary's local custodian bank, which
then instructs the depositary bank to issue ADRs. ADRs are treated in the same
manner as other US securities for clearance, settlement, transfer and ownership
purposes. For further information on ADRs visit the Bank of New York's website:
www.adrbny.com






This information is provided by RNS
The company news service from the London Stock Exchange
Posted at 31/7/2007 13:05 by smart move
AIM listed Cambridge Mineral Resources / CMR



Webcast of CMR AGM - very bullish update



- In-situ resources $16.26billion. Market Cap £10M.

- Will be producing over 100,000 oz of gold over the medium term

- Due a huge re-rating

- Independent research note says CMR undervalued by 550% - share price should be over 25p based on Colombian gold alone.

- Application for further uranium licenses in Bulgaria ongoing - potentially up to 10 million lbs of uranium.
Posted at 30/7/2007 20:33 by spiros ellinigou
AIM listed Cambridge Mineral Resources PLC / CMR



30/07/2007 13:00 PRESS RELEASE: Webcast Alert: Cambridge Mineral Resources PLC AGM


LONDON--(BUSINESS WIRE)--July 30, 2007--
Cambridge Mineral Resources PLC (LSE:CMR) announces the following Webcast: What: Cambridge Mineral Resources PLC AGM When: July 31, 2007 @ 9:00 AM GMT Where:

How: Live over the Internet -- Simply log on to the web at the address above. Contact: Liz Frankland, 02076635812, liz.frankland@cambmin.co.uk

If you are unable to participate during the live webcast, the call will be available for replay at or CONTACT: For Cambridge Mineral Resources PLC Liz Frankland, 02076635812, liz.frankland@cambmin.co.uk SOURCE: Cambridge Mineral Resources PLC Copyright Business Wire 2007

Order free Annual Report for Cambridge Mineral Resources plc

Visit or call +44 (0)208 391 6028

(END) Dow Jones Newswires

July 30, 2007 08:00 ET (12:00 GMT)
Posted at 25/7/2007 07:21 by skiboy10
Current market cap = £8.7M

Cambridge Mineral AGM Statement

FOR: CAMBRIDGE MINERAL RESOURCES PLC

AIM SYMBOL: CMR

July 25, 2007

AGM Statement

Reserves and Resources in-situ value - $16.26 billion

LONDON, UNITED KINGDOM--(CCNMatthews - July 25, 2007) - Colin Andrew, Managing Director of Cambridge Mineral Resources plc (AIM:CMR) ("CMR" or "the Company"), the mining exploration and production company, will make the following comments at today's Annual General Meeting:

"The progress that the Company made in 2006 has continued into the current year. As was stated last year we have focused our operations in two centres - South America and Europe - where we have made progress towards delivering on the business strategy outlined at last year's AGM.

"However, firstly I will address the recent suspension of the shares which was a result of the change in our Nominated Advisor.

We are in the process of appointing a new Nomad, however the due diligence requirements under the latest AIM rules stipulate that each of our projects has to be legally and technically verified, and since we now have over 15 projects worldwide this is taking time. Once this process is complete, the new Nomad can then be formally appointed and the suspension lifted. We are also in the process of appointing a new broker.

"Turning to our operations, we have made progress in Colombia, Peru and also Europe where we have added uranium to our growing portfolio of assets. The Company's Reserves and Resources have grown rapidly and now include: 2.8m ozs of gold; 79.1m ozs of silver; 1,560m lbs of copper; 1,931m lbs of zinc, over 2,600m lbs of lead and 1.5m lbs of uranium in Bulgaria. These assets have a total in-situ value, based on current prices, of US$16.26 billion.

"We are working towards bringing a number of projects into production over the next two years. Project finance negotiations are progressing satisfactorily. We expect to bring Quintana, our Colombian gold mine into production around the end of 2007, followed by Rasuhuilca, our Peruvian silver mine, and other projects during 2008.

"CMR's clear business strategy is now coming to fruition. The Company's resource base has been further strengthened and we have acquired a number of high-grade gold mines that can be developed rapidly.

"We have selected a new Nomad and Broker team that we believe will be supportive and help us achieve our aims.

We have a strong management team, a balanced portfolio of projects, some of which will become producing assets in the very near future, and we have a strategy in place that we believe will enable us to deliver shareholder value."

Editors' Note

Cambridge Mineral Resources plc is an AIM-quoted mining and exploration company. Its principal focus is the exploration for and production of gold and base metals in the following key target areas:

- South America: Colombia and Peru

- Europe: Spain, Bulgaria and Serbia

The Company has a strong portfolio of mineral projects at varying stages of commercialisation, supporting its strategy of providing shareholders with attractive upside opportunities.

The in-situ value of the deposit is estimated to be in excess of US$16.26 billion, based on recent prices(i) ((i)Au US$675/oz, Ag US$13.25/oz, Cu US$7,915/t, Zn US$1.78/lb, Pb US$1.65/lb, U US$130/lb - 20th July 2007).

-30-

FOR FURTHER INFORMATION PLEASE CONTACT:

CAMBRIDGE MINERAL RESOURCES PLC Colin Andrew Managing Director +44 (0) 20 7663 5618 Email: candrew@iol.ie

OR

BANKSIDE CONSULTANTS Michael Spriggs / Michael Padley +44 (0) 20 7367 8888

Cambridge Mineral Resources Plc
Posted at 19/7/2007 07:20 by spiros ellinigou
DCP



Diamondcorp Trading Statement


RNS Number:4814A
Diamondcorp Plc
19 July 2007

Diamondcorp plc ("Diamondcorp" or the "Company")
Quarterly Report for the period ending 30 June 2007

19 July 2007

Highlights

* Lace mine plant construction completed and production commenced.
* Refurbishment of Lace shaft continues.
* Investec Bank appointed sponsor for JSE listing.
Posted at 01/7/2007 07:26 by sicilian_kan
My choice for a ten bagger is GLOBAL MARINE ENERGY.

Basic Stats

Market cap £13.74m
Edison's anticipated 2007 H2 profits £2.8m
Edison's anticipated 2008 profits £5.2m
Edison's anticipated 2008 p/e ratio 2.8
Order book as of 22 March 2007 over $122m
Insitutional holdings >70%
Chairman's Shareholding 5%

An oil industry company, specialising in engineering heavy handling and lifting solutions, with a strong emphasis on supplying equipment for offshore drilling and exploration.

Why Buy Now?

GME has significant news anticipated in the next 2-8 weeks.

First, their finals came out on 11 August last year, so news should be expected soon. This year, Edison's are expecting them to show a significant H2 profit (£2.8m six month profit for £13.74m market cap). If this is confirmed, the p/e ratio for next year should be just 2.8. This share should triple at the very least on confirmation of the figures, and could easily go six fold, given the p/e ratios of its peers, just on the current stats.

If you want further confirmation of their likely success, see their December statement, 2.5 months into H2, namely "The Group expects to make a significant profit in the second half of the year and the Board is optimistic that GME is entering a period of sustained profitability and wish to thank the shareholders for their patience and continued support during the implementation of the strategic plan". This statement then had to be withdrawn under the takeover rules, but it is a good indicator as to what should be expected.

Second, GME have been under review by the institutions (70%+ holdings) as they have performed poorly up until now. This review has gone on now for 7 months and must be coming to an end soon. In particular, there is a Crane conference on 17-18 July, that GME are part sponsoring. Logically, they must conclude the review before the big annual advertising event. The main conference hotel has already sold out, so it will be a large meeting this year. This means that news confirming GME's anticipated turnaround, could appear in the next two weeks.

Third, GME has always been very good at getting repeat contracts. Its order book is has expanded from £22.5m in August 2006 to a massive $122m+ in March 2007 for a tiny market cap of just £13.74m. If this pace continues, which should be confirmed at either of the two events above in the next 2-8 weeks, then Edison's December p/e ratio estimate of 2.8 for 2008 should drop even further, hence calling this a potential ten bagger.

As ever, DYOR.
Posted at 28/6/2007 06:15 by thetworonnies
FOR: CAMBRIDGE MINERAL RESOURCES PLC

AIM SYMBOL: CMR

June 28, 2007

Uranium Deposits Under Evaluation by CMR

LONDON, UNITED KINGDOM--(CCNMatthews - June 28, 2007) - Cambridge Mineral Resources plc ("CMR" or the
"Company")(AIM:CMR) is pleased to announce that it has commenced evaluating a number of uranium deposits
located in Bulgaria. These deposits are located on permits already held and permits under application.

Highlights

- 1.5 million lbs uranium resource on existing permit.

- 120,000 lbs uranium resource on adjacent permit under application.

- Evaluation programme commenced.

The Dobroselets uranium deposit lies on CMR's existing Dobroselets Permit and is located less than 2km to the
west of CMR's Chaira gold-copper deposit. It was extensively explored by the Bulgarian State company Redki
Metali in the late 1980's when uranium prices were substantially less than those at present.

The Dobroselets deposit lies at the western end of a "J" shaped trend of roll front type deposits extending to
the west for 4km and then to the north for about 20km toward Yambol. Mineralization is hosted within partially
lithified Neogene sandstones and siltstones at depths between 20 and 70m. The roll front is typically 500m in
width and is up to 4.4m in true thickness.

Redki Metali drilled in excess of 270 drillholes into the Dobroselets uranium deposit and defined resources as
follows:

/T/

C1 (drilling on 50m centres) 170,000 lbs (approx) of contained
uranium metal.
(0.017% U)
C2 (drilling on 50 by 100m grid) 230,000 lbs (approx) of contained
uranium metal.
(0.016% U)
P1 (drilling on 150m by 100m grid) 829,000 lbs (approx) of contained
uranium metal.
(0.017% U)

Total 1.5 million lbs (approx) of U3O8

/T/

The Izgrev Deposit is located within a current CMR application area contiguous to the Dobroselets permit. A
resource (C1+C2) of approximately 120,000lbs of contained uranium metal has been defined by extensive drilling
on 50m centres.

The Company intends to utilize the services of independent consultants CSA Consulting International who have
extensive experience in uranium from resource estimation and evaluations through to production within North
America and Kazakhstan. CSA has within its staff the required Competent Persons and will be assisting CMR with
a review and valuation of its uranium assets.

Colin Andrew, Managing Director of CMR, commented:

"The growing worldwide demand for uranium has driven prices to all-time highs. The uranium deposit on CMR's
existing permit has substantial in situ value, which together with the further application we have in progress,
offers significant upside potential for our shareholders. The Company is committed to maximising the value in
its assets and has received several expressions of interest from third-parties which are under serious
consideration".

Editors' Note

Cambridge Mineral Resources plc is an AIM-quoted mining and exploration company. Its principal focus is the
exploration for and production of gold and base metals in the following key target areas:

- South America: Colombia and Peru

- Europe: Spain: Bulgaria and Serbia

The Company has a strong portfolio of mineral projects at varying stages of commercialisation, supporting its
strategy of providing shareholders with attractive upside opportunities.

Background to Bulgarian Uranium Mining

In the period between 1946 and 1990 Bulgaria produced 11,890 tonnes of contained uranium from 24 hard rock
mines and a further 4,270 tonnes from 16 in situ leach ("ISL") operations between 1969 and 1990. On 20 August
1992, the Bulgarian government decided to shut down all uranium mining activities (initially until 1995) due to
the high production cost then estimated at US$62/kg.

Currently, the price of triuranium octoxide (U3O8) has hit a historical high of over US$200 / kg. Analysts are
predicting that prices will rise again, possibly as high as US$ 500 / kg due to increased demand generated by
the rekindled interest in nuclear energy as an alternative to oil, natural gas and coal. The return to nuclear
energy is a leading world trend after it has proved to be an effective instrument against global warming. Based
on data of the World Bank, an additional 251 nuclear reactors will be built in the foreseeable future and each
unit will require 600 tonnes of uranium concentrate at the commissioning stage and 200 tonnes per annum
thereafter.

Uranium exploitation in Bulgaria from 1956 was undertaken by the Bulgarian State organization Redki Metali
(Rare Metals), with participation of Soviet consultants. The uranium produced was delivered to the Soviet
Union, initially as ore, but later as yellow-cake. Almost no preventive measures or counter measures were
implemented during the whole period of ISL mining for the environmental protection of water, soil and air from
mechanical, chemical and radioactive pollution. The secrecy of the uranium and nuclear industry was identified
as a key reason behind this philosophy.

-30-

FOR FURTHER INFORMATION PLEASE CONTACT:

CAMBRIDGE MINERAL RESOURCES PLC
Colin Andrew, Managing Director
+44 (0)20 7663 5618
Email: info@cambmin.co.uk
Website: www.cambmin.co.uk

OR

INSINGER DE BEAUFORT
Christopher Caldwell, Assistant Director Corporate Finance
+44 (0) 20 7190 7000
Email: ccaldwell@insinger.com

OR

Joe Lunn, Resource Specialist
Email: jlunn@insinger.com

OR

BANKSIDE CONSULTANTS
Michael Padley/Michael Spriggs
+44 (0) 20 7367 8888

-0-

Cambridge Mineral Resources Plc
Posted at 26/6/2007 07:30 by thetworonnies
Asian Citrus Holdings Ltd
26 June 2007



For immediate release 26 June 2007

Asian Citrus Holdings Limited
('Asian Citrus' or 'the Group')

Pre-sale of units of the Xinfeng Development

Asian Citrus, the largest orange plantation owner and operator in China,
announces that the Group has been granted the Forward Sell Licence For Commodity
House (the Pre-sale Licence) by the Jiangxi Provincial Construction Bureau and
the pre-sale of the units started in May 2007.

As announced on 1 September 2006, the Group is developing two parcels of land
occupying a total area of approximately 0.2 sq. km in the Xinfeng County
Zhongduan Industrial Park for the establishment of an agricultural wholesalers'
market and an orange processing centre (the 'Xinfeng Development'). The project
involves the construction of approximately 150,000 sq. metres of commercial
units, together with a car park, a block of serviced apartments and other
ancillary services. A total of around 650 commercial units are expected to be
sold to local producers, who will use the units to sell their produce. It is the
plan of the Group to undertake the Xinfeng Development in three phases. Due to
certain amendments in the development plan, the number of units in phase 1 has
been revised from 252 units to 238 units.

On 6 May 2007, the Group was granted the Pre-sale Licence by the Jiangxi
Provincial Construction Bureau and the pre-sale of the units of the Xinfeng
Development started simultaneously. As at 22 June 2007, 184 units, representing
approximately 77% of the total units available for sales in phase 1, have been
sold during the pre-sale with a total consideration of approximately RMB54.6
million (£3.58million). RMB920,000 (£60,000) has been received by the Group as
deposit as of today and 30% of the consideration will be received from the
respective buyers as down payment on or before 2 July 2007. The remaining will
be paid upon completion of application of mortgage by the respective buyers,
which is expected to be completed no later than 45 working days from the signing
of the official sale and purchase agreement.

Tony Tong, Chairman and CEO, commented; 'The Xinfeng Development is one of the
largest agricultural trade and wholesale market in the southern part of China
which represents a landmark to the Group's latest development. '

'The success of the phase 1 of the Xinfeng Development has indicated that there
is a strong demand for agricultural wholesalers' markets in China. We believe
that the Xinfeng Development will provide long term commercial benefits to the
Group as we continue to build our position as a major supplier of high quality
oranges in China.'

About Asian Citrus Holdings Limited

Asian Citrus Holdings Limited is the largest orange plantation owner and
operator in China and has two plantations in the Hepu county of the Guangxi
Zhuang Autonomous Region and the Xinfeng county of the Jiangxi province of
China. Its primary goal is to sell quality oranges at an affordable price and in
so doing, strengthen its position as a leading, mechanised and industrialised
orange grower and distributor in China.


For Further Information Contact:

Terry Garrett/ John Moriarty
Weber Shandwick Financial 0207 067 0700

Michael Wentworth-Stanley/James Mitford
JPMorgan Cazenove 0207 588 2828




This information is provided by RNS
The company news service from the London Stock Exchange
Posted at 10/6/2007 08:29 by holdontightuk
Pacific North West Capital Goes Back To Its Roots
May 16, 2007


By Minesite Canadian Correspondent

Harry Barr and his team at Canadian listed Pacific North West Capital are making an aggressive push to add value beyond its 50 per cent stake in a plus 1 million ounce palladium resource at the River Valley project and investors are starting to take notice.


Never one to shy away from an emerging area play, Harry's latest move has Pacific North West picking up a number of new nickel projects in and around the Winter Lake area of Canada's Northwest Territories. This is the region that sparked a lot of investor interest last month when fellow junior GGL Diamonds reported that it had found nickel, while exploring for diamonds. Yes, reminiscent of the gigantic Voiseys' Bay nickel find by Diamond Fields in the 1990s. The news caused GGL stock to soar from C$0.13 per share to an intraday high of C$1.50. Of course, common sense has since prevailed and GGL shares now fetch around C$0.53. That said, the very early staged discovery of nickel mineralization grading only 0.4% lies within an extensive belt of rocks previously identified by a mapping project funded by the Geological Survey of Canada and reported as having the potential for hosting magmatic nickel mineralization.


The belt, named the Winter Lake Supracrustal Belt, includes large volumes of mafic and ultramafic rocks, dated as being 2.7 billion years old and including tholeiitic basalts, komatiites, serpentinized peridotite, and gabbro intrusions. In other words, the same age and same types as many of the world's sulphide nickel resources including Thompson Nickel Belt of Manitoba, the Raglan belt in northernmost Quebec, the Kambalda deposit in Western Australia, and Hunter's Road in Zimbabwe.


"GGL's technical team should be credited with identifying what may be one of the first new nickel areas since the discovery of Voisey's Bay," says Harry. "Management is excited about being involved in the beginning of what appears to be one of the first new base metal staking rushes in recent times in the North West Territories."


Pacific North West is now just finalizing its budget for the project, which is expected to include airborne and ground geophysical surveys aimed at defining potential target areas for nickel mineralization. Just as importantly for shareholders, Pacific North West is positioned should the area really heat up this summer.


A much shorter match stick to potentially light a fire under Pacific North West's share price is a 2,000 metre drill program now underway on the West Timmins nickel project. The company's partner on the project, Xstrata Nickel recently completed deep drill testing it's adjoining Montcalm mine property, which hosts an estimated 4.2 million tonnes grading 1.45% nickel and 0.69% copper are in the measured category and are expected to support a mine life of approximately 8.5 years. The drill program with test geophysical conductors to depths of 200 metres south of the Montcalm Mine claims. Pacific North West can earn 100 per cent of the project by spending C$4 million over a 4 year period but Xstrata retains a 2% net smelter royalty and also has the right to earn back a 65 per cent stake, by either completing a feasibility study or spending $20 million on a feasibility study, whichever occurs first. So if lightening strikes, the major is covered.


News is also starting to flow from Pacific North West's platinum reconnaissance program in Quebec. Last year, Pacific North West teamed up with SOQUEM, a subsidiary of Société Générale de Financement du Québec, to identify and explore for platinum properties in the province. Work on the Taureau Project identify PGM mineralization in mafic intrusive bodies with two samples returning assays averaging 1.17grams palladium per tonne, 0.14 gram platinum per tonne, 0.29gram gold per tonne, 1.62% copper and 0.35% nickel. Clearly early days but a nice start. According to Harry; "Our partnership with SOQUEM is advancing on schedule. Grassroots exploration conducted in 2006 should provide us with drill ready targets over the next few months. The technical expertise of our partner SOQUEM is unmatched."


While this new exploration activity has prompting renewed interest from investors, Pacific North West Capital in partnership with Anglo Platinum is not about to back away from their flagship River Valley project in Ontario. Little wonder given that Anglo has already committed over C$19 million and can take its interest up to 60 per cent by providing a feasibility study and earn an additional 5 per cent by providing production financing.


It is not that River Valley has failed to deliver results over the years; it is just that investors have grown impatient. Last year's Phase 9A program cut a new style of PGM mineralization, the type comparable to the Bushveld Complex of Southern Africa. This kept Anglo in the hunt and also attracted the interest of Stillwater Mining, the largest primary producer of platinum group metals outside South Africa and Russia. Stillwater invested C$2 million in Pacific North West. But after nearly a decade of exploration results out of River Valley without news of mine development, shareholders just yawned at the recent developments. Still with a current measured and indicated resources marking 953,900 ounces of palladium, 329,500 ounces of platinum and 59,500 ounces of gold, one good drill hole could well put the play back on the map of investors.


For its part, Stillwater has gone on to ink a deal on Pacific North West's Goodnews Bay platinum project in Alaska and the producer will also fund reconnaissance on Pacific North West's other Alaskan projects. To earn an initial 50 per cent, Stillwater must fund US$4 million in exploration.
All this action is reminiscent of Pacific North West's early days when the company used top notch technical expertise to uncover hidden gems and then farm them up to bigger companies with deeper pockets. After all that is how River Valley started and the initial results made Pacific North West a market darling, albeit only for a short period of time. Some investors are already taking notice of the similarities as shares in the company have hit 52-week highs of C$0.52, up from C$0.27 at the start of the year. Pacific North West says that it committed to acquire new PGM and base metal projects, as well as working up the current ones. The promise of diversified news flow makes Pacific North West a company well worth watching in the second half of 2007.
Posted at 10/4/2007 18:59 by sicilian_kan
I'm convinced by Tippingpoint's tip of GGP - Greatland Gold, which is already JORC compliant. It is screaming a 'buy' and is a certain 2 bagger, a probable 3 bagger and a possible 10 bagger.

To explain why, look at the company's own presentation at:



I extract from Page 19 the following:

"July 2006 Resources of 90,000 oz
Extract only 50,000 oz and process at nearby mine
Toll Mine and Treat Ore – no cost to Greatland
Current Gold Price – approx US$600 per ounce
Cost to Toll Mine and Treat Ore – US$400 per ounce
Greatland Receives – US$200 per ounce
50,000 oz x US$200 per ounce = US$10,000,000 (£5,000,000)
Cash at hand - £1,000,000
£6,000,000 assets with 106,550,000 Shares on Issue
Net Asset Value equal to share price of 5.5p
Current share price of 1.75p is undervalued!"

And this is BEFORE they conduct exploration, during which they hope to up the resource to 1,000,000 oz, i.e. an 11-fold increase. Plus they have two other sites. Shareprice now 2.00p-2.35p
Mut Fed Ins Nm share price data is direct from the London Stock Exchange

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