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Share Name Share Symbol Market Type Share ISIN Share Description
Civitas Social Housing Plc LSE:CSH London Ordinary Share GB00BD8HBD32 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 105.00 104.80 105.00 105.40 104.00 105.40 567,941 14:41:59
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment Trusts 46.2 37.7 6.1 17.3 654

Civitas Social Housing Share Discussion Threads

Showing 31476 to 31496 of 31650 messages
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DateSubjectAuthorDiscuss
12/6/2012
12:07
up 9% - If they can prove up those resources , then there is significant upside here - Certainly in the austere climate, which its shortages can make it a compelling story so far.
tomboyb
12/6/2012
10:58
Good procative article - La Parrilla - They have revealed tungsten trioxide grades in the order of 0.97 per cent, or more than 10 times the grades encountered in the mine proper. This suggests there is headroom to significantly improve upon the current 36 million tonne resource at La Parrilla, which was successfully mined during the 1970s and 80s. Iberian Resources Portugal It acquired Iberian Resources Portugal, which owns the Régua tungsten permit with a an existing JORC resource of 3.4 million tonnes grading 0.37 per cent tungsten trioxide. As part of the deal it also picked up the Tarouca exploration licence, which includes the former Tarouca tungsten mine, and the Portalegre gold exploration licence. The fundamentals for producers couldn't be much better
tomboyb
12/6/2012
10:54
New Proactive article on CSH - http://www.proactiveinvestors.co.uk/companies/news/44020/caspian-holdings-looks-to-tungsten-potential-of-la-parrilla-project--44020.html Caspian Holdings looks to tungsten potential of La Parrilla project 11:19 am by Ian Lyall The company's main focus is the La Parrilla, in central Spain Caspian Holdings' (LON:CSH) corporate presentation trumpets the company's "new focus on tungsten". It sets out a compelling story: low capital cost, high return, and a short time-line to cash-generative production. The company's main focus is the La Parrilla, in central Spain, although it recently acquired highly promising assets across the border in Portugal. La Parilla comes in two parts (initial tailings production, followed by full mine development), which will be achieved in three phases. The initial stage - drilling of the western extension of La Parrilla - is already underway. Assay results from two of the five holes from the 1,500 metre programme have been hugely encouraging. They have revealed tungsten trioxide grades in the order of 0.97 per cent, or more than 10 times the grades encountered in the mine proper. This suggests there is headroom to significantly improve upon the current 36 million tonne resource at La Parrilla, which was successfully mined during the 1970s and 80s. Followers of the small-cap sector will recognise Caspian Holdings as an oil and gas firm whose assets were expropriated by the Kazakhstan government. "We listed in 2004 and were very successful for the first couple of years," explained chief executive Michael Masterman said. "Then in 2008 we hit a brick wall as the Kazakhstan government got expropriative. That was a painful process." It still has a small oil investment in Kentucky. However, tungsten will be the focus from here on in, and to reflect this fact the firm plans a change of name to W Resources Plc (W being the symbol for the metal as it appears on the periodic table). A look at the management biographies reveals the team running Caspian has as much experience in mining as it does oil and gas. Masterman, for instance, was the chief financial officer of Anaconda Nickel, and the founding shareholder of Fortescue Metals, while Fernando De La Fuente, head of operations, worked with Rio Tinto and Anglo American. The US$1 million, all-share deal to acquire the La Parrilla tailings was unveiled at the end of last year. The group must pay a further €1 million to exercise the option to buy the mine proper. This it is likely to do in the first quarter of next year, according to Masterman. In the meantime the focus is on the drilling campaign, the remaining assay results and a resource upgrade, which is expected around October. Caspian is also planning to compile a scoping study for La Parrilla. "We still have to put it all together for continuity, but it looks like for a limited capital outlay, the drill programme has the potential to double the size of the resource and also lift the grades," Masterman said. Before the main mine goes into production (this is planned for 2014/15), the tailings provide a significant opportunity for early cashflow in return for around €1.2 million-worth of capital expenditure. There are some 1.2 million cubic metres tailings. A total of 330,000 tonnes of tailings will be processed each year for the next three generating 28,000 metric tonne units of tungsten and 26 tonnes of tin. At today's prices the output from La Parrilla would generate around €7 million a year in revenue. "The nice thing about the tailings is of course it is mined," said Masterman. "We have done the metallurgical testing on it and we have good separation. And compared with many of the other tungsten plays we can move into production very quickly with limited capital." The cashflow from the tailings can realistically be invested into the mine proper, which analysts estimate will cost as little as US$20 million to develop. "There is joint venture interest to finance the mine and off-take interest from metal alloy businesses that desperately short of tungsten," said Masterman. "We just have to find the right balance between company growth and funding." Last week the group sealed an €1 million all share deal to broaden its geographic spread, while keeping the focus tightly on tungsten. It acquired Iberian Resources Portugal, which owns the Régua tungsten permit with a an existing JORC resource of 3.4 million tonnes grading 0.37 per cent tungsten trioxide. As part of the deal it also picked up the Tarouca exploration licence, which includes the former Tarouca tungsten mine, and the Portalegre gold exploration licence. The fundamentals for producers couldn't be much better. Supply is tight and there are no satisfactory substitutes for tungsten, due to its strength and resistance to heat. China dominates the supply of this strategic metal and is currently diverting much of its production towards domestic users. This tightening of supply allied to an increase in demand suggests there will be a world tungsten deficit this year. So Caspian is sailing into a perfect storm. It has the right combination of near-term production and blue-sky, and in the La Parrilla mine a potentially world class high grade asset. However, the group will require a leg up financially at some point. Proving the worth of La Parrilla ought to ensure the cash call is done at a significantly higher and less dilutive price. "What we want to do is demonstrate to the market that there is a very large, high grade development here," said Masterman. "We want to demonstrate to the market that there is revenue and cashflow from the tailings. "With the growth in the resource and the development of the mine I would be surprised if we didn't head for a very, very significantly larger market capitalisation."
tomboyb
12/6/2012
09:37
Although he says he doesn't want to own gold, the world's most famous investor has taken a shine to what may be the most precious metal of the 21st century - tungsten. Bold statement -
tomboyb
08/6/2012
07:14
Morning - Anything outside of China - spot prices have actually risen for Tungsten and probably expect to stay at those levels.
tomboyb
07/6/2012
16:11
The latest Chinese find announced yesterday is huge though, about 80 times the size of what CSH have. Would tungsten prices still stay high if the Chinese were to release some of that Tungsten to the western markets? Or maybe they will hang on to it all to ensure future supplies for themselves.
bobbyshilling
07/6/2012
10:06
spammer its very flattering you think brand moreforus carries any weight but your MBW spam smacks of extreme desperation
moreforus
07/6/2012
09:53
Taking consideration of recent interview and the demand for Tungsten(very much--short in supply),I think it would easily pass 1p mark very soon. It is only my opinion but it is possible after looking at the recent share price movements. good Luck everyone.
5uchchi
07/6/2012
09:46
REE = Hedge Tungsten = Hedge + Gold Gold = Hedge ( 11 year bull market so expect some consolidation) How far to go? Difficult to say although where Buffet has invested - Reckoned it could just be the beginning as per article.
tomboyb
07/6/2012
07:40
Should move pretty fast now, especially with whats coming.
flashheart
07/6/2012
07:36
Morning - well its a case of Tungsten being defined from rare to endangered - La parilla mine has 36mill tonnes of Tungsten ore - Tailings 2.5mill and the new acquisitions - Expecting assay results of 3rd hole -
tomboyb
07/6/2012
07:36
My million top up at .4 yesterday looking quite astute lol.
flashheart
07/6/2012
07:31
the 5 mill buy helped yesterday....
moreforus
07/6/2012
07:29
Looks like the assays on the 3rd hole could be pretty good - maybe even better than the first two.
koorb
07/6/2012
07:27
12.2%...hmmmmmm
moreforus
06/6/2012
21:43
cheers tomboyb.
ryan83
06/6/2012
21:40
CSH - Tailing expected to be in production early 2013 - thats the earliest figure versus its peers - The Assets are given in the header above - (which is by far not complete as timing issues on my part but i will be adding to them). Ryan to save u time - http://www.brrmedia.co.uk/event/98171/michael-masterman-chairman explains it quite well
tomboyb
06/6/2012
21:35
do we know how long the approval may take or at what stage CSh are at? I agree that the current mcap offers potential even without the licence. Sorry, not upto speed with CSH, I intend to look/research a bit later this week. Just gauging others views..
ryan83
06/6/2012
21:30
Ryan - The tailings require government approval - this ultimately could coincide with the upgrade of resources estimates which have been pretty good so far. I do remember BMR Ryan - It was Techteon - Echo cancellation. Fell to 0.25-0.30p - and then essentially over time up to 11p and back down - As a hedge though - Tungsten is in great shortages - No new production on the near horizon which represents a real opportunity here.
tomboyb
06/6/2012
21:22
tomboy, ive heard of processing tailings and near term cash flow before - BMR. After two years only just got the licence and yet to confirm offtake agreements etc. Do CSH have the required licences etc?
ryan83
06/6/2012
21:16
CSH in shares mag - talked bout Resource upgrade processing tungsten tailings - immediate cashflow positive - 3-4mill Euro profit for 3 years from an initial outlay of 1.2mill Euros - used to restart la parrilla mine. This excludes the recent assets acquired and wrt all others represents the nearest term production versus peers.
tomboyb
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