Evocutis Share Discussion Threads

[theunluckyone] 05/7/2016 09:35

The recent traders obviously got the nod that an RNS was on the way and they thought it was good news coming.Now they know its contents they are heading for the hills again !!!

[theunluckyone] 01/7/2016 14:47

knicol46 - perhaps the seller that has been dumping these for months has actually finished !!!

[knicol46] 01/7/2016 14:21

News due..
Investment in Brazil Tungsten Holdings Limited ("BTHL"):
The Company maintains its 10% equity interest in BTHL acquired in February 2015.

BTHL has advised that despite a difficult tungsten price environment, it has continued to focus on the development of its flagship Bodó mine in the Currais Novos region of Rio Grande do Norte state, Brazil, and continues with its required capital programme for mine development and mill construction with the aim of significantly increasing tungsten production during 2016.

It is expected that BTHL will now be on track to reach its Phase I target of 150 tonnes per day of ROM ore from underground by June 2016. This will place BTHL in a cash positive position even with the current difficult market for tungsten prices and allow it to benefit fully if tungsten prices recover. There have already been signs of improvement in the concentrate market with the price received by the BTHL rising by over U$20/Mtu (17%) since the beginning of the year.

[knicol46] 01/7/2016 13:32

sp +15% any news/leak?

[knicol46] 15/6/2016 14:19

update on asset due this month..

The Company maintains its 10% equity interest in BTHL acquired in February 2015.

BTHL has advised that despite a difficult tungsten price environment, it has continued to focus on the development of its flagship Bodó mine in the Currais Novos region of Rio Grande do Norte state, Brazil, and continues with its required capital programme for mine development and mill construction with the aim of significantly increasing tungsten production during 2016. It is expected that BTHL will now be on track to reach its Phase I target of 150 tonnes per day of ROM ore from underground by June 2016

[knicol46] 14/6/2016 14:53

currently bargain prices - around 50% below net asset position

[ryan83] 02/6/2016 14:53

the fact none of the BOD took any in the placing and none hold 3% or more tells you everything

[ryan83] 02/6/2016 14:51

so free float is 89%

[ryan83] 02/6/2016 14:50

and says this

The Company currently has 1,224,675,828 Ordinary Shares of 0.01p each in issue.

The percentage of securities not in public hands is 11%
The percentage of securities not in private hands is 89%

[ryan83] 02/6/2016 14:49

at at 18/5/16

Name Shares %
HSBC GLOBAL CUSTODY NOMINEE (UK)
67,500,000
9.31%
FITEL NOMINEES LIMITED
63,916,667
8.82%
GREENHAIR SERVICES LIMITED
62,250,000
8.59%
ACADEMY MINERALS LTD
60,000,000
8.28%
NOMURA PB NOMINEES LIMITED
32,500,000
4.48%
TD DIRECT INVESTING NOMINEES
23,710,108
3.27%
FERLIM NOMINEES LIMITED
22,666,667
3.13%

[ryan83] 02/6/2016 14:47

can you post the share register? cant see it

[tomboyb] 02/6/2016 14:34

question is what will they use the £700k for -

They have cash and a couple of investments including Horse Hill -

[tomboyb] 02/6/2016 14:24

hxxp://www.evocutis.com/aim-rule-26

[ryan83] 02/6/2016 14:22

tomboy can you find a share register for these?

[tomboyb] 02/6/2016 14:18

Capped at £550k now

£700k cash + 2 investments in Tungsten mine -

Can't help feeling of a large seller -

[tomboyb] 01/6/2016 10:24

EVO AT 0.05P?

Capped at 600k - 700k cash followed by 2% of Horse Hill and 10% Brazilian Tungsten mine - could be an easy doubler -

However - loads available at 0.052p!

[fillipe] 28/4/2016 12:12

Still available to buy @ 0.054p, although I doubt that price will last for long.

f

[colin12345678] 28/4/2016 08:58

looking like it wants to go on a run today seller dumped and a bag I think

[tomboyb] 27/4/2016 16:07

I wonder if this is worth a punt at these levels -

NAV of 0.13p

so who is selling begs the question?

[comedy] 27/4/2016 16:02

so r the boys selling getting in on a placing at 0.03p???

[lazygun] 25/4/2016 15:09

Although Evo does look undervalued now. It has around £650-700k cash (bank balances, plus recent fund raisings), plus its investments in other stocks are now worth around £200k or so, plus circa £200k per annum (from horse hill investment- so payback in slightly less than 3 years once horse hill starts production, plus a 10% interest in a tungsten mine....

Mkt cap circa 0.7 million...

L.