Core Vct I Share Discussion Threads

[cpap man] 17/1/2017 15:59

MARL



barrywhit17 Jan '17 - 14:50 - 2467 of 2469 2 0

[...]

paleje17 Jan '17 - 15:11 - 2468 of 2469 3 0

IC covered these on 17 November when the share price was 69p, their conclusion I've pasted below, they confirmed what we all know AISC will be very low although no number stated and unrisked value at US$10/share. They thought it a likely t/o target:-

Mariana's main asset is its 30 per cent stake in a gold-copper project in eastern Turkey, known as Hot Maden. While the project is still at the pre-development stage, and there will not be a pre-feasibility study until next year, drilling to date has revealed very high ore grades. A month ago, the company recorded its most successful strikes to date, discovering a 69.6m interval of 62.7g of gold per tonne and 2.68 per cent copper. That bonanza is unlikely to be a one-off, as previous holes have revealed grades in excess of 20g across thick intercepts, and an average of 15g. That is simply streaks ahead of Acacia's entire exploration drilling pipeline in Kenya, or Randgold's average mined grades, which sat between 1.4g and 4.8g per tonne last year.

The successful drilling programme has already led Mariana and the project's joint operator, Lidya Madencilik, to establish a known indicated resource of 3.43m ounces of gold equivalent, although this is likely to significantly expand following last month's jackpot result. So high are the grades discovered so far that all-in sustaining costs of mining are likely to be very low.

What is lacking is development financing to get Hot Maden to the mining stage. But the company says the £6m raised last year should see it comfortably into 2017. By that point, Lidya and Mariana will have a much better idea of how to move Hot Maden into production, and which gold majors may be interested in taking a stake.

MARIANA RESOURCES (MARL)
ORD PRICE: 69p MARKET VALUE: £84.2m
TOUCH: 68-70p 12-MONTH HIGH: 84p LOW: 12p
FORWARD DIVIDEND YIELD: NIL FORWARD PE RATIO: NA
NET ASSET VALUE: 10.6p NET CASH: £5.8m
Year to 31 Dec Turnover (£m) Pre-tax profit (£m) Earnings per share (p) Dividend per share (p)
2013 0.0 -1.1 -0.4 nil
2014 0.1 -1.5 -0.4 nil
2015 0.0 -2.0 -0.3 nil
2016* 0.0 -2.2 -1.8 nil
2017* 0.0 -2.3 -1.9 nil
% change - - - -
Normal market size: 10,000

Market makers: 6

Beta: 0.60

*Northland Capital forecasts

IC VIEW
Mariana's thin balance sheet and counterparty risk make it a highly speculative play. But the company has catalysts in front of it, and its share of Hot Maden represents an un-risked resource base of over $10 a share at the current gold price. That leaves plenty of room for upside even with dilutive project financing. But we think there is also a good chance a larger miner could swoop before then. Buy.

[johndee] 17/1/2017 15:58

IRG looks like a multibagger from here.

[cpap man] 17/1/2017 15:57

MARL



barrywhit17 Jan '17 - 14:50 - 2467 of 2469 2 0

[...]

[shauney2] 17/1/2017 15:34

Sterling up, miners and the FTSE down.

Housebuilders well up

WJG looking very perky.

[luckymouse] 17/1/2017 15:33

dice1950 - some more fund raises, warrants & convertibles - all feeding offshore?

[cpap man] 17/1/2017 14:40

ANGS are now on fire!

[nash81] 17/1/2017 14:31

angus

strike oil?

[dice1950] 17/1/2017 14:15

ctag news on the way

[pet lover] 17/1/2017 13:58

7Dig trading statement:

WHAT THE MARKET HAS COMPLETELY MISSED TODAY.

HI RES AUDIO : MQA

Sony,Universal,Warner catalogs converted by spring 2017

MQA the new listening format for streaming music.

7Digital B2B licensing and streaming partnership with MQA is currently valued at ZERO

7Dig market cap today of £10M and turned profitable in last Quarter.

The music labels now have yet another stranglehold on the likes of Spotify in that they will not be given access to HI RES music if the labels want to run every show in town themselves.

7Dig hold a pack full of cards and yet the Square Mile, those that should be on the ball have not seen it in front of their very eyes.👀

[dice1950] 17/1/2017 13:55

Yolo Leisure and Technology #YOLO Cloudtag #CTAG and Doc Holiday

[dice1950] 17/1/2017 13:20

HURRY
#(LON:CTAG) Best Buy, Target, Walmart and at a later stage Amazon
17 Jan 2017

[dice1950] 17/1/2017 12:55

PHE ceo in the uk all this month meeting possible clients NT ONLY

been a while but IS it coming soon …

[andrbea] 17/1/2017 12:44

sng 8%

Wookie7717 Jan '17 - 12:44

Im sorry but something must be going on! Ive never seen such sustained buying..

[whites123] 17/1/2017 12:41

Spare cash to diversify?

SNG

Broker forecast is to £1.37
SP today is 20p

Thats a hell of a lot of upside.

If you have 5 minutes to spare, it could prove beneficial to research a little on SNG.

Synairgen had its “CorporateR21; rating reiterated by analysts at FinnCap. They now have a GBP 137.00p price target on the stock.

The share price of Synairgen (LON:SNG) was down -3.03% during the last session with a day high of 17.00. 382457 shares were traded during the last trading session.

The stock’s 50 day moving average is 14.42 and its 200 day moving average is 24.92. The stock’s market capitalization is 15.30M. Synairgen

[recordz] 17/1/2017 11:19

CON big bounce there.

[ileeman] 17/1/2017 11:08

NTOG looks good for a trade. Eyes on 2.4p resistance.

[recordz] 17/1/2017 11:08

NGR Good RNS there.
Trying to turn the company round.
Need some more contracts though.
Might be more coming soon hopefully.

Nature Group PLC, (AIM:NGR), the provider of port reception facilities and waste treatment solutions for the oil, marine and process industries, is pleased to announce that it has sold (the "Sale") its wholly-owned subsidiary in Gibraltar, Nature Port Reception Facilities Limited ("NPRF"), to Gib Oil Limited ("GibOil") for cash consideration of £4 million, of which £3 million was paid at closing of the transaction ("Closing") on 16th January 2017 and £1 million will be retained in escrow for a period of up to two years ("Escrow Consideration").

[nash81] 17/1/2017 11:07

ANGS

tankers are seeing coming and leaving the brockham site.

several tankers there meaning they strike oil ??

sp now waking up.

[ileeman] 17/1/2017 11:04

@cpap

Placing overhang has cleared now imo Look at volume in total since november.

Yea maybe H1 is pushing it but H2 2017 latest by the looks of it. Hopefully Q2-Q3.

[cpap man] 17/1/2017 10:42

KOD



Bouncing back nicely now from some light volume profit taking are LITHIUM play and AIM listed....KOD

[cpap man] 17/1/2017 10:40

CLNR



Need to confirm "back test" first plus clear all the sellers from the recent placing iLeeman then it will indeed be a case of onwards and upwards for CLNR

By the way as much as i like CLNR i it is high unlikely at this time that there will be drilling during H1 as CLNR need to get a decent "farm out" deal first.

[shauney2] 17/1/2017 10:28

ACRL buyers confirming the breakout.

WJG hoping the seller is cleared at last.