Nyota Minerals Share Discussion Threads

[sammy_smith] 01/4/2014 09:49

LISTEN: Nyota Minerals (NYO) - Competent Person's Report Highlights Potential of Nyota's 100% Northern Gold Tenements

Click the link to listen

[sammy_smith] 31/3/2014 16:49

LISTEN: Nyota Minerals (NYO) - Resource Upgrade at Tulu Kapi Gold Project, Ethiopia

Click the link below to listen

[reggie123] 03/3/2014 21:38

Have you thought that CEY might just know a little bit more than the poor idiotic investors (like me) who've hung on?

[unionhall] 02/3/2014 22:52

If TK was worth so much - don't you think they might have developed it.....

[code677] 02/3/2014 22:05

Centamin has binned some £7 million on NYO

H2 2011: 20,000,000@10.15 BUY -£2,265,000
Q1 2012: 67,000,000@ 6.0p BUY -£4,020,000
Q1 2013: 81,000,000@ 2.0p BUY -£1,620,000

Q4 2013 -60,000,000@ 0.8p SELL +£500,000
Q1 2014 -11,000,000@ 0.5p SELL + £55,000

CEY's total outlay -£7,905,000
reduction in value to £905,000 (£555,000 sold, remainder worth £350k at bid price)
Loss on investment: £7 million

[mrshaungcm] 02/3/2014 21:13

could be selling at .1

[courty2] 02/3/2014 21:00

Yes thats makes sense buy at 2.00 sell at .50 really good ..

[mrshaungcm] 01/3/2014 20:44

Did they not buy these shares at 2.00 if so they are mental selling now ,,

maybe they are not mental

they are in the trade

[courty2] 28/2/2014 07:29

Did they not buy these shares at 2.00 if so they are mental selling now ,,

[code677] 27/2/2014 14:43

Selling at any price... mainly because whether they sell their remaining shares at 0.35p, i.e. for £350k or at 0.20p (£200k) that's only 0.05 - 0.03% of CEYs market cap so makes virtually no difference to them

1st selling period (four weeks)
Oct 17 2013 -20,000,000 sold @1.1p
Oct 21-31st -20,000,000 sold @0.8p
Nov 01-14th -20,000,000 sold @0.66

2nd selling period
Feb 25 2014 -11,000,000 sold @0.5p (100,000,000 shares left)

[induna123] 27/2/2014 12:15

Still 100m shares to go. I guess Centamin want to punish NYO for not going with them. Pity those who bought at 0.75 a couple of days ago.

[mrshaungcm] 27/2/2014 06:06

no surprise - glad i sold the rise

[goodpick] 25/2/2014 08:13

from the Kefi thread.n_w_b - 25 Feb 2014 - 07:15 - 39032 of 39032 - 1unionI thought the NYO comment wasn't accurate, as Harry mentioned yesterday that the revised DFS would be completed by Q3/Q4(at the latest), so they would be "reactivating" the MLA after then, but thought i'd check with JR first before making an inaccurate statement."KEFI Minerals has also triggered refinement of the DFS (DefinitiveFeasibility Study) with a view to re-activating by the end of 2014 the suspended mining lease and appropriate development funding."After which they expect quick approval, as most of the MLA work and environmental work had previously been done.From Proactive interview with JR(10/02/14) :"The government were ready to issue the mining licence last year and were disappointed the project did not proceed last summer.We expect an updated project to receive quick approval from the mines department as Ethiopia's first privately funded gold mine for many years."They'll then be able to start development next year, as per on schedule"planned development in 2015 of a plant producing approximately 85K oz. p.a. Au""KEFI plans to use potential cash flows from 2016 to repay planned project finance, pay dividends and generate growth through exploration in its region of focus."

[robjm66] 24/2/2014 18:43

Well not sure of the logic of Nyota going up so much compared to Kefi but not going to moan about something that annoys unlucky punter/tracy lies/STI poor loser.

hxxp://www.stockmarketwire.com/article/4760906/Nyota-Minerals-eyes-exploration.html


proactiveinvestors.co.uk/companies/news/66098/nyota-minerals-starts-fieldwo

[miahkaysor] 24/2/2014 14:18

We might see a repeat of 400% rise in a day again!!

[dusseldorf] 24/2/2014 13:32

Interesting. Resource update for Kefi within a month and targetting the funding case (fundraising perhaps Q3 latest Q4). Sounds like closer to $150m than $300m for a slower ramp-up which is based on a $1000 dollar gold price to underscore but getting 80% of original ore target.

Two funding options:
a) Project finance specialist banks / London equity components (vanilla approach)
b) Chinese funders interested in Africa (NYO activated discussions already, both equity and debt potential)

[n_w_b] 24/2/2014 13:23

Kefi Chairman talking about TK today

[miahkaysor] 24/2/2014 13:23

Back upto 2.5p imo dyor

[miahkaysor] 24/2/2014 13:05

Sorry meant 451543!

[miahkaysor] 24/2/2014 13:05

451643 is my buy!!!!!

[dusseldorf] 24/2/2014 12:53

Interesting chart

[saloba11] 24/2/2014 11:57

Tracy/ Lucky punter? hows STI looking today?

[dusseldorf] 24/2/2014 11:51

Seems to be a focus on Tulu Kapi, Tulu
Kapi
Gold Project
25% Project
-
Level Ownership
Imminent update to current
Resource
of 1.9Moz @ 2.34 g/t in Q1 2014

Nyota solely
responsible for funding
development
–
anticipated to be $250m
-
$300m

Perhaps there is a sizable funding round taking place at the moment. Given the price increase perhaps this is at a premium

[mrshaungcm] 24/2/2014 10:08

somebody feels lucky
24-Feb-1408:49:480.692,172,101Buy* 0.500.6014.99kO


is it ur top up punter?LOL