Berkeley Energia Share Discussion Threads

[fatboy20] 04/11/2015 09:48

Does MD Athereley have Abbramovitch tendencies?

He was spotted among the faithful last night cheering on his beloved MUFC.
Watch out The Glazers I say when this lifts off he'll be there!!

[fatboy20] 04/11/2015 09:46

Over 3/4 million traded already today. The best is yet to come

[wiseacre] 04/11/2015 09:14

You aint seen nothing yet

[fatboy20] 04/11/2015 08:46

Yo

So is this the beginnings of a real lift off?

[liambilson] 04/11/2015 08:23

GOOD, VERY VERY GOOD !

[liambilson] 04/11/2015 07:19

AIM RELEASE | 4 November 2015 | AIM: BKY

Zona 7 transforms Salamanca project economics

Inclusion of the high grade Zona 7 deposit into an updated Pre-Feasibility Study has transformed the economics of the Salamanca project.

The project now has a Net Present Value of US$871.3 million (GBP580.9 million) with an internal rate of return of 93% based on a discount rate of 8% and a long term uranium price of US$65 per pound.

This valuation represents around GBP3.22 per share on an undiluted and unfinanced basis compared with the current share price of around GBP0.22 per share.

Managing Director Paul Atherley commented:

"These outstanding results very much support the Board's decision to rapidly push ahead with the development of the project.

With the major approvals in place and discussions with potential financiers underway we are expecting to commence site works in mid-2016."

As previously reported, Zona 7 is a shallow, high grade deposit with impressive metallurgical characteristics located within ten kilometres of the proposed processing plant.

Its inclusion in the updated Study has increased the mine life from eleven to eighteen years and reduced the operating costs from US$24.60 to US$15.60 per pound of uranium produced during steady state operations making it one of the lowest cost producers in the world once developed.

In addition to the reduction in operating cost, the capital cost to initial production has reduced from US$95.1 million to US$81.4 million due to the lower cost of developing the Zona 7 deposit and the benefits of currency depreciation.

Paul Atherley commented further:

"We believe that the potential exists for further discoveries of Zona 7 style deposits and are finalising an exploration programme to commence in the New Year which will follow up a number of near surface, high grade drill intersections, located within ten kilometres of the plant that have not yet been fully evaluated

[liambilson] 03/11/2015 14:48

Here we go....

[wiseacre] 30/10/2015 23:08

Another 2.7 million shares traded today. An institutional buyer mopping up the loose stock

[fatboy20] 29/10/2015 17:20

So

What's happened today ?

Over a million shares traded clearly somethings going on!

[fatboy20] 28/10/2015 14:37

Not only Spanish electricity but a global demand for nuclear

[herlat1] 27/10/2015 10:20

Gracias our Spanish Shrimp friend! Perhaps you can share with us with what you intend to replace the 20% of the Spanish electrical power currently generated by Nuclear. (Please say Renewables..)

[langostino] 27/10/2015 09:08

It will be part of the PSOE manifesto for the December election to phase out all of Spain's nuclear energy over the next ten years. It is unlikely they would look favourably on permitting new uranium production in that event.

[fatboy20] 27/10/2015 09:06

Yo

What's going on here?

Should be like a Saturn rocket!

Crackin geology report. Approvals in place and Chinese English agreement on nuclear reactors should fuel ( ouch ) demand Any ideas

[fatboy20] 26/10/2015 22:13

Yo

What's going on here? Cracking geology results, approvals in place and demand for uranium must soar now the English Chinese nuclear reactor deal is signed. Why hasn't the share price taken off like a Saturn rocket?

[wiseacre] 25/10/2015 18:48

Huge piece in Sunday Telegraph

[wiseacre] 16/10/2015 10:20

I say John Walton are you an exponent of the thinking man's television?

[capt bligh] 14/10/2015 16:39

I like the look of this one, it is so cheap and the economics look very sound, un-hyped and the numbers seem to be making sense in a commoditiy phobic environment. Bought today. Capt.

[proactivest] 07/10/2015 09:43

Video interview with CEO Paul Atherley



Berkeley Energy’s (ASX:BKY) (LON:BKY) managing director Paul Atherley says an updated resource estimate for the firm’s Zona 7 deposit is set to boost the economics of the company’s Salamanca project, even at current uranium prices.

A new study has reported grades comparable to the world's highest grade open pit mines in operation at Zona 7, with the bulk of the resource lying within fifty metres of the surface.

Zona 7 is the largest deposit within the Salamanca Project located in central-western Spain.

Speaking to Proactive, Atherley said he reckons Salamanca is rapidly emerging as one of the best new projects around.

[johnwalton] 07/10/2015 09:26

be careful look at the record of the boss

[gwr7] 28/9/2015 08:37

Nice chart mike, apart from the silly mistake in the box, but I don't think it will help you. Today's announcement is scintillating, if you'll excuse the pun.

[mike740] 21/9/2015 15:39

BKY Berkeley Energy.

Technicaly the stock looks way overbought and indicators are showing this on the chart. We have yet to see uranium prices sustain any real upward pressure.

Best avoided at present imo, support in the region of 16p.



For those wishing to short, enquire below, taken from the Naked Traders site.
It is hard to find a firm that does prices on the very small companies but this company does:

hxxp://www.spreadex.com/nakedtrader

[piedro] 15/9/2015 17:47

I hold and follow closely but publish on the royalty holder thread (APY)