Capital Share Discussion Threads

[shanklin] 03/6/2021 07:37

Capital Limited @_CapitalLimited ·7h
Encouraging news continues for client @FirefinchLtd
at Morila, new drilling results continuing to support its potential. We are expanding our fleet on site where we are engaged to deliver their ongoing delineation drilling program with a 3rd rig on its way


The link is to a Sprott report on Firefinch

[rivaldo] 03/6/2021 07:24

More good news - CORA has raised a further £3.1m "for further drilling, related exploration activities and ongoing study work focussed on growing resources at the Company's flagship Sanankoro Gold Project in southern Mali".

Which should flow through nicely to CAPD:

[johnrxx99] 03/6/2021 07:07

As it was for me and another holding, UPGS :-)

[rivaldo] 03/6/2021 06:46

Great news - hopefully that should provide a spur to the share price over the coming days and weeks.

The FTSE All Share promotion was a nice surprise bonus as well....

[qs99] 02/6/2021 18:35

Thanks Sphere, hope to see more trackers come in then

[sphere25] 02/6/2021 18:30

FTSE review out and.....

(drum role)

....

....


CAPD (though they only call it "Capital" and don't identify with a ticker) gets promoted to the FTSE Small Cap and interestingly the FTSE All Share too so that should be a decent chunk of tracker buying to come.

As per previous posts, the moves on these index reviews can be hard to read, particularly into the last afternoon before the change but plenty to feast on.

I just wonder if the market was expecting both of these promotions with CAPD and whether there might be some additional buying pressure here now. It is something to keep an eye on.


Elsewhere...


FTSE100 Inclusions:
ITV

FTSE100 Exclusions:
Renishaw



FTSE 250 Inclusions:
Renishaw
Moonpig Group
Trustpilot Group
Auction Technology Group
Spire Healthcare Group

FTSE250 Exclusions:
ITV
Sabre Insurance Group
Provident Financial
Foresight Solar Fund
JLEN Environmental Assets Group



FTSE Small Cap Inclusions:
Sabre Insurance Group
Provident Financial
Foresight Solar Fund
JLEN Environmental Assets Group
PRS REIT (The)
Foresight Group Holdings
Up Global Sourcing Holdings
Record
Xaar
Gore Street Energy Storage Fund
Capital
Odyssean Investment Trust
Mobius Investment Trust

FTSE Small Cap Exclusions:

Spire Healthcare Group
Vp
Studio Retail Group
Dialight
SME Credit Realisation Fund
Allied Minds
Amigo Holdings


FTSE All Share Inclusions:
Moonpig Group
Trustpilot Group
Auction Technology Group
PRS REIT (The)
Foresight Group Holdings
Up Global Sourcing Holdings
Record
Xaar
Gore Street Energy Storage Fund
Capital
Odyssean Investment Trust
Mobius Investment Trust

FTSE All Share Exclusions:
Vp
Studio Retail Group
Dialight
SME Credit Realisation Fund
Allied Minds
Amigo Holdings


I know what you're thinking...

Why enjoy the weather when you can flirt with FTSE Index Reviews?

Precisely.

Phwoar!

All imo
DYOR

[smithie6] 02/6/2021 13:06

je je !

don't I know it ! :-(

in from ~70p, so up by a pleasant little chunk, more to come imo.

[deanowls] 02/6/2021 12:19

You should have been here at 57-60p

[smithie6] 02/6/2021 11:45

is this "finally" going to move up ?!

feels like it has been stuck at 80p for 4 1/2 light years !

(it hasn't but it feels a like that; ok, I need to work on my patience skills !)

[smithie6] 02/6/2021 10:43

"Predictive Discovery" - CAPD's largest public holding having a good move +13% following some good drill results.

so, a high chance that they will/might want some more drilling done

[gleach23] 02/6/2021 10:25

Thanks kaizenkid...looking at the Predictive Discovery share price chart it's now 0.11 AUD which is nearly double the 0.06 AUD @ CAPD's year end of 31 Dec 2020. It also happens to match a high from a year ago so will be worth keeping an eye on for a breakout.

[capitalist] 02/6/2021 10:13

Thanks rivaldo

[kaizenkid] 02/6/2021 08:48

"Predictive Discovery" - CAPD's largest public holding having a good move +13% following some good drill results.

[rivaldo] 02/6/2021 07:35

CAPD remain in prime position for promotion to the FTSE Small Cap Index in tonight's rankings.....

[johnrxx99] 01/6/2021 16:31

Two chunky buys at the end of the day

[dangersimpson2] 27/5/2021 16:14

Net Present Value using a 5% discount rate.

Pre-Feasability Study

[smithie6] 27/5/2021 15:49

NPV5
PFS

??

[dangersimpson2] 27/5/2021 14:04

I agree on the NPV5 - who uses a 5% discount rate for West Africa!? They are progressing to PFS on at least one though so must think there is some potential to it.

[pireric] 27/5/2021 13:10

I have to say, those Centamin West Africa project economics look weak, especially given the 5% discount rate being used. IRRs leave a lot to be desired even at 1850 on gold. Not sure i'd want to bake in those projects getting much forward traction

Eric

[dangersimpson2] 27/5/2021 09:32

Nothing is guaranteed, of course, but I think CAPD are optimistic that they will be involved in any exploration & development drilling for new Centamin projects. That is how they started at Sukari back in 2005 and it has developed into the strong relationship they have today with a significant number of operational rigs plus the transformative mining services contract.

[rivaldo] 27/5/2021 08:12

Encouraging to see the bid price now moving up to 80p.

Indeed Shanklin, you'd have thought CAPD would be in prime position to capture any West African work arising from Centamin - or are they already in place there?

Thanks for the comments above chaps. I don't spend that much time doing this, but I do know where to look after the last nineteen years on ADVFN researching shares :o))

[shanklin] 27/5/2021 07:23

More work for CAPD?

[scottishfield] 26/5/2021 09:14

Appreciated here too, tks riv.

[death by donut] 26/5/2021 08:30

You don't half put in some work on this thread Riv.Details and facts I certainly wouldn't know where to find.Much appreciated by this small time builder bloke.DbD :-)