Core Vct I Share Discussion Threads

[fillipe] 17/7/2017 08:16

KEFI - wow!... + 32%

f

[cpap man] 17/7/2017 08:15

KEFI



KEFI Minerals (KEFI.L, 4.30p) – Speculative Buy

KEFI has announced it has signed heads of terms for the financing of Tulu Kapi. The financing is in the form of a build own operate transfer (BOOT) contract with an infrastructure specialist called Oryx. The contract is worth $135m repayable over 9 years and with a 30 month grace period. Interest is 8% at $1100/oz and increases as the gold price increases, to a maximum of 16% if the gold price hits $1700/oz. KEFI will require $32m to complete the financing which could come via a number of structures including working capital facility, project level investment and KEFI equity. KEFI is targeting construction to start in 2017 and first gold production in 2019.

Our View: When KEFI took control of Tulu Kapi it had a capex requirement of approaching $300m and a significantly lower reserve grade. KEFI has dramatically reduced the capital requirement, improved the resource model, mining method and consequently the mine plan. Management has also been working on a funding solution for 18 months or so in a challenging funding environment. One of the key considerations is to minimise dilution of existing shareholders and maintain ownership of Tulu Kapi. This funding solution achieves both elements and we expect a positive share price reaction this morning. We have a Speculative Buy recommendation.

Beaufort Securities acts as corporate broker to KEFI Minerals plc

[fillipe] 17/7/2017 08:13

GIPO - NED/Chairman resigns.



f

[cpap man] 17/7/2017 08:11

EUA



Eurasia Mining (EUA.L, 0.48p) – Speculative Buy

Eurasia, the platinum and gold exploration company, announced today that it has been granted a Discovery Certificate for its 80% owned Monchetundra project. Monchetundra has global reserves and resources of 1.9Moz palladium equivalent (palladium and platinum) grading 2.0g/t over two open pits. Granting of the Discovery Certificate now gives Eurasia the exclusive right to apply for a mining licence for Monchetundra, which it expects to do so in the near future. Meanwhile, at West Kytlim, alluvial production has commenced from two production units. Eurasia plans to develop Monchetundra using a similar model, finding a suitable operator and selling operating costs for a share in revenues as West Kytlim.

Our View: Monchetundra has been somewhat under the radar while the Company focuses on production from its West Kytlim alluvial project. With the Discovery Certificate now approved Eurasia has the exclusive right to apply for the mining licence required to develop the Monchetundra project. Eurasia already has a signed EPC contract with Sinosteel for US$176m and has been in advanced talks with refineries in Russia, thus the approval of the mining licence would be an important catalyst for Company. The above announcement is another tick required for the development of Monchetundra and we look forward to West Kytlim updates as well as further developments at Monchetundra. In the meantime, we maintain a Speculative Buy rating on the stock.

Beaufort Securities acts as corporate broker to Eurasia Mining plc

[cpap man] 17/7/2017 08:07

LEG



Professor Pettigrew17 Jul '17 - 08:04 - 7437 of 7437 1 0

Yes, a "unicorn" status for VS, along with the promise of growth at our other investments would mean the 1p party would not only be nailed on, we'd have enough left over to plan the 2p party!

As pet lover says on his thread, one can buy into VS through buying LEG shares, into increasing growth and value, and get exposure to the rest of our investments for completely no outlay whatsoever.

LEG stock is currently very undervalued.

[nick rubens] 17/7/2017 07:56

GRL
Homase-Akrokerri project mining permit application by end of September announced in todays RNS.

[cpap man] 17/7/2017 07:52

ANGS



barnetpeter16 Jul '17 - 20:57 - 1924 of 1926 1 0

No I don't think so JN. It's not a short like the one you suggested before...hnr. This may be a complete failure in time....we don't know...but the possibility of a huge increase in price is there as drilling continues. I can easily see this at 100 pence....even if the oil is never recovered in huge volume ....because the possibility is there

barnetpeter16 Jul '17 - 20:59 - 1925 of 1926 2 0

And hope can drive oil stocks to crazy levels....irrational longer than a person can stay solvent. So I remain long and strong

[patientcapital] 17/7/2017 07:51

Blue Star Capital plc Update on SatoshiPaySource: UK Regulatory (RNS & others)TIDMBLURNS Number : 1818LBlue Star Capital plc17 July 2017Blue Star Capital plc("Blue Star" or the "Company")Update on SatoshiPayBlue Star Capital plc (AIM: BLU), the investing company with a focus on new technologies, is pleased to announce that its investee company, SatoshiPay Ltd ("SatoshiPay"), a UK incorporated private nanopayment software and blockchain company in which Blue Star owns approximately 19 per cent of the equity (expected to increase to 31 per cent subject to completion of the further investment in SatoshiPay announced by the Company on 4 July 2017), has agreed a proof of concept project with the IOTA Foundation to explore replacing Bitcoin with an alternative cryptocurrency, IOTA, as SatoshiPay's settlement network ("Project").Since its 2015 product launch SatoshiPay has relied on the Bitcoin network to settle nanopayments. Initially Bitcoin transaction fees were negligible at below EUR0.01 per transaction. Due to Bitcoin's rising popularity in 2017, combined with stalling scalability improvements, the network's transaction limit is regularly reached, leading to congestion and an increase in fees to uneconomical levels. To sustain and enhance SatoshiPay's business model based on frequent low-value payments, SatoshiPay is seeking to replace Bitcoin with a more suitable distributed ledger technology.The IOTA network, with its token listed as 9th largest cryptocurrency on coinmarketcap.com at a market cap of EUR450m, offers zero-fee transactions with no limit on the number of transactions per second, making it unique among cryptocurrencies and an ideal ledger technology for SatoshiPay's future needs.While corporate entities such as Innogy, Canonical, Bosch, Cisco and Microsoft are building IOTA prototypes focussed on the Internet of things, SatoshiPay is IOTA Foundation's first partner to build a purely web-based application.The results of the project are expected to be available in August 2017.Tony Fabrizi, CEO of Blue Star said: "Working with the IOTA Foundation allows SatoshiPay to explore new technology with a clear focus on scalability of its business. We are excited about the potential new opportunities that could open up from this initiative and that SatoshiPay is taking steps to optimise its business model".SatoshiPay CEO Meinhard Benn said: "Working with the IOTA Foundation allows us to explore cutting edge technology with a clear focus on scalability and mass market roll-out. We couldn't be more excited and expect plenty of exposure and new opportunities to open up"This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014 ("MAR").For further information, please contact: Blue Star Capital plc Tony Fabrizi [phone] Cairn Financial Advisers LLP [phone] (Nominated Adviser) Emma Earl/Jo Turner Smaller Company Capital Limited [phone] (Broker) Rupert Williams/Jeremy Woodgate About Blue Star Capital PlcBlue Star is an investing company with a focus on new technologies. Blue Star's investments include a 19% holding in SatoshiPay, a nanopayment software and blockchain company; a holding in Disruptive Tech Limited, an investing company with five investments including a 38% holding in VNU Group LLC ("VNU") a speciality online direct retailer of premium goods paid for through an instant credit facility and a holding in Nektan PL; and an investment in Sthaler, an early stage identity and payments technology business which enables a consumer to identify themselves and pay using just their finger at retail points of sale.About SatoshiPay LtdSatoshiPay is headquartered in London with development led through its office in Berlin. Angel funding for SatoshiPay Ltd was supplied by Axel Springer Plug & Play and Henning Peters. Seed funding was raised through Jim Mellon, Huiyin Blockchain Venture and Blue Star Capital. Development of SatoshiPay's nanopayment product started in April 2015 and its beta version was released in February 2016. Find updated information at the company's website https://satoshipay.io, its blog https://medium.com/@SatoshiPay and Twitter @SatoshiPay.About IOTA FoundationThe IOTA Foundation is a non-profit foundation in Germany, established with the purpose of developing, maintaining and standardizing new open source protocols based on distributed ledger technologies (DLT). The IOTA tangle provides a revolutionary open source DLT which is scalable, lightweight and makes it possible to transfer value or data without any fees. Find more information about IOTA at or Twitter @iotatokenThis information is provided by RNSThe company news service from the London Stock ExchangeENDMSCFMGMNVVKGNZG(END) Dow Jones NewswiresJuly 17, 2017 02:00 ET (06:00 GMT)

[patientcapital] 17/7/2017 07:50

Blue Star Capital plc Update on SatoshiPaySource: UK Regulatory (RNS & others)TIDMBLURNS Number : 1818LBlue Star Capital plc17 July 2017Blue Star Capital plc("Blue Star" or the "Company")Update on SatoshiPayBlue Star Capital plc (AIM: BLU), the investing company with a focus on new technologies, is pleased to announce that its investee company, SatoshiPay Ltd ("SatoshiPay"), a UK incorporated private nanopayment software and blockchain company in which Blue Star owns approximately 19 per cent of the equity (expected to increase to 31 per cent subject to completion of the further investment in SatoshiPay announced by the Company on 4 July 2017), has agreed a proof of concept project with the IOTA Foundation to explore replacing Bitcoin with an alternative cryptocurrency, IOTA, as SatoshiPay's settlement network ("Project").Since its 2015 product launch SatoshiPay has relied on the Bitcoin network to settle nanopayments. Initially Bitcoin transaction fees were negligible at below EUR0.01 per transaction. Due to Bitcoin's rising popularity in 2017, combined with stalling scalability improvements, the network's transaction limit is regularly reached, leading to congestion and an increase in fees to uneconomical levels. To sustain and enhance SatoshiPay's business model based on frequent low-value payments, SatoshiPay is seeking to replace Bitcoin with a more suitable distributed ledger technology.The IOTA network, with its token listed as 9th largest cryptocurrency on coinmarketcap.com at a market cap of EUR450m, offers zero-fee transactions with no limit on the number of transactions per second, making it unique among cryptocurrencies and an ideal ledger technology for SatoshiPay's future needs.While corporate entities such as Innogy, Canonical, Bosch, Cisco and Microsoft are building IOTA prototypes focussed on the Internet of things, SatoshiPay is IOTA Foundation's first partner to build a purely web-based application.The results of the project are expected to be available in August 2017.Tony Fabrizi, CEO of Blue Star said: "Working with the IOTA Foundation allows SatoshiPay to explore new technology with a clear focus on scalability of its business. We are excited about the potential new opportunities that could open up from this initiative and that SatoshiPay is taking steps to optimise its business model".SatoshiPay CEO Meinhard Benn said: "Working with the IOTA Foundation allows us to explore cutting edge technology with a clear focus on scalability and mass market roll-out. We couldn't be more excited and expect plenty of exposure and new opportunities to open up"This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014 ("MAR").For further information, please contact: Blue Star Capital plc Tony Fabrizi [phone] Cairn Financial Advisers LLP [phone] (Nominated Adviser) Emma Earl/Jo Turner Smaller Company Capital Limited [phone] (Broker) Rupert Williams/Jeremy Woodgate About Blue Star Capital PlcBlue Star is an investing company with a focus on new technologies. Blue Star's investments include a 19% holding in SatoshiPay, a nanopayment software and blockchain company; a holding in Disruptive Tech Limited, an investing company with five investments including a 38% holding in VNU Group LLC ("VNU") a speciality online direct retailer of premium goods paid for through an instant credit facility and a holding in Nektan PL; and an investment in Sthaler, an early stage identity and payments technology business which enables a consumer to identify themselves and pay using just their finger at retail points of sale.About SatoshiPay LtdSatoshiPay is headquartered in London with development led through its office in Berlin. Angel funding for SatoshiPay Ltd was supplied by Axel Springer Plug & Play and Henning Peters. Seed funding was raised through Jim Mellon, Huiyin Blockchain Venture and Blue Star Capital. Development of SatoshiPay's nanopayment product started in April 2015 and its beta version was released in February 2016. Find updated information at the company's website https://satoshipay.io, its blog https://medium.com/@SatoshiPay and Twitter @SatoshiPay.About IOTA FoundationThe IOTA Foundation is a non-profit foundation in Germany, established with the purpose of developing, maintaining and standardizing new open source protocols based on distributed ledger technologies (DLT). The IOTA tangle provides a revolutionary open source DLT which is scalable, lightweight and makes it possible to transfer value or data without any fees. Find more information about IOTA at or Twitter @iotatokenThis information is provided by RNSThe company news service from the London Stock ExchangeENDMSCFMGMNVVKGNZG(END) Dow Jones NewswiresJuly 17, 2017 02:00 ET (06:00 GMT)

[patientcapital] 17/7/2017 07:49

Rns re BLU

[cpap man] 17/7/2017 07:49

ANGS



barnetpeter16 Jul '17 - 20:57 - 1924 of 1926 1 0

No I don't think so JN. It's not a short like the one you suggested before...hnr. This may be a complete failure in time....we don't know...but the possibility of a huge increase in price is there as drilling continues. I can easily see this at 100 pence....even if the oil is never recovered in huge volume ....because the possibility is there

barnetpeter16 Jul '17 - 20:59 - 1925 of 1926 2 0

And hope can drive oil stocks to crazy levels....irrational longer than a person can stay solvent. So I remain long and strong

[cpap man] 17/7/2017 07:34

LEG



17 July 2017

Legendary Investments PLC
("Legendary" or the "Company")

VirtualStock Holdings Limited ("VS") completes strategic funding round with Notion Capital ("Notion"), a trading name of The Fund Incubator Limited

Legendary announces that its investee company, VS, has attracted an investment of £4.5m from Notion Capital, a leading European B2B SaaS Venture Capital firm, to support its next phase of growth. The round values VS at £66m.

VS's goal is to transform global B2B supply chains and marketplaces through its ability to seamlessly and rapidly connect systems together. VS's core platform ("The Edge") is already used by leading retailers including Tesco, John Lewis, Sainsbury's, Argos and Dixons Carphone to support their digital and omni-channel strategies. The Edge brings increased transparency and simplicity to a company's supply chain meaning customers can take advantage of the ever-increasing opportunities that an omni-channel environment presents.

As well as the country's leading retailers, VS also counts the leading NHS Trusts amongst its clients. VS also has a partnership with NHS Shared Business Services to bring The Edge to the NHS to help realise up to £1bn of annual savings through transforming the end-to-end procurement process.

Founded in 2009, Notion Capital is a leading European venture capital firm focused on enterprise SaaS and Cloud companies. Notion's partners are best known for founding and building MessageLabs, one of the world's largest SaaS exits at its $700m sale to Symantec in 2008. The firm backs exceptional enterprise software entrepreneurs who Notion believes have the potential to transform large, global markets. Notion has made 45 investments to date.

The investment will enable VS to accelerate its already rapid growth in its core retail and health sectors, and support further expansion into new geographic markets and sectors, establishing the business as a global player enabling its clients to deliver digital supply chain transformation fast.

Following this investment, Legendary's stake in VS is 6.8%.

Andrew Mills, CEO at VirtualStock said: "We are delighted that Notion Capital has chosen to invest in our business as we believe they are the best possible partners for us. Its team brings unique experience having founded and exited MessageLabs and also has built the "Notion Platform" to support their portfolio businesses through a range of value added services.

The investment comes at a very exciting time as we continue to grow our market share in retail and are poised to become the de facto catalogue and procure-to-pay solution within the NHS. We will now be in a position to accelerate our growth, enhance our portfolio of solutions and expand into new markets. We look forward to further investment in our clients, staff and supplier base, including creating further high quality UK tech sector jobs in the M4 'silicon corridor' over the next year."

Stephen Chandler, Managing Partner at Notion Capital said: "Digital supply chain is a hot topic, and for good reason. VirtualStock delivers an agile supply chain technology platform that allows its clients to quickly adapt to the challenges of digitisation without turning to traditional systems integration, thereby reducing cost and risk while accelerating benefits. VirtualStock has already demonstrated this in two important sectors and has accumulated an impressive portfolio of clients. They are now superbly placed to scale rapidly and we believe that they will become another UK technology success story."

Zafar Karim, Executive Chairman of Legendary, said: "We are pleased that Notion has recognised the value and potential of VS. Notion invests in B2B SaaS & Cloud Services companies with high growth potential and global ambition

VS continues to make progress in its core targeted markets. As well as benefitting from the investment by Notion, it will benefit from their experience and expertise. We look forward to continuing to work with VS and Notion to help VS realise its potential."

[cpap man] 16/7/2017 12:10

Hear what you are saying Andy and do not totally disagree!

Also know DL and he is as they say marmite....you either like him or you don't!

However if you are smart as a shareholder you can make a lot of money out of some of his companies....AIMHO & DYOR of course!

Have absolutely no time for that c*nt T*m W*nkiFr*th though and Lackofshareprofits!

[cpap man] 16/7/2017 12:02

ANGS



lithological heterogeneities14 Jul '17 - 16:28 - 145 of 146 1 0

The 27.5 minute investor call audio is now on the website:

12 July 2017
Investor Call with Jonathan Tidswell Pretorius and Paul Vonk

[cpap man] 16/7/2017 12:01

ANGS



Good morning all ANGS fans....can see a great week and indeed second half of July for the O&G stocks in this space including and perhaps especially ANGS

Lots of news flow [and oil flow] to come from ANGS



REMEMBER....



Any day now news could come from ANGS on various fronts especially....

"imminent Lydsey rig arrival or Brockham OGA approval"

[cpap man] 16/7/2017 11:58

ANGS



lithological heterogeneities13 Jul '17 - 03:07 - 79 of 150 1 0

jaknife

the 400 was for Lydsey where we are just waiting for the rig then will go into production 4 weeks later.

Horse Hill produced around 1600 bopd from a 40m thick play while ANGS are awaiting the OGA to drill a 200m thick (5x thicker) play at Brockham.

Lydsey is a company maker in itself and will pay all their costs and a bit more while the big excitement is about the imminent Brockham which is expected to flow a lot more than 1600 bopd due to being 5x thicker and they will go into production IMMEDIATELY after receipt of the OGA approval which Paul Vonk says is just a formality.

Both Lydsey rig and Brockham have been due "any day" (Paul Vonks words) for several weeks and could land at any time.

Cant wait to see how your short goes when either of them land.

lithological heterogeneities13 Jul '17 - 05:58 - 80 of 150 1 0

Oh yes,the OPEX for Lydsey is $14 bop and only $5 bopd above 2,000 bopd for Brockham.

I expect a drop in share price this morning as the day traders get out after waiting for 5 nano seconds for an RNS which did not appear but Angus is clearly headed for 50p-100p,maybe more deoending on the flow rate from Brockhams 200m thick play compated to the 40m thick play that flowed 1600 bopd at Horse Hill.

lithological heterogeneities13 Jul '17 - 06:00 - 81 of 150 1 0

and there are relatively very few shares available and even these are now tightly held ahead of imminent production on two company making wells.

scotty66613 Jul '17 - 06:38 - 82 of 150 1 0

Each to their own, but with OGA approval followed by imminent production straight after going to just hold and leave these in the portfolio

[cpap man] 16/7/2017 11:57

ANGS



Plus a big thank you to lithological heterogeneities for putting all the TROLLS in their place!

[cpap man] 16/7/2017 11:56

ANGS



Thank you so much for the new MODERATED & BANNING [TROLLS only] ANGS thread scotty666



lithological heterogeneities15 Jul '17 - 13:13 - 1907 of 1909 1 0

Lidsey will soon reach break-even soon after starting to produce in 4 weeks ,after we receive the rig very shortly THIS summer.

Brockham is ALL PROFIT immediately after receiving OGA approval and installing the rig THIS summer. As confirmed by CEO...or are you accusing him of lying?

NO placings/fundraisings are planned at all as have NO debt, a £3.5m bond in place and big cashflow from two wells...THIS SUMMER. As confirmed by CEO...or are you accusing him of lying?

You are either totally incompetent or spreading malicious out & out lies.

Take your pick. Whatever you pick you are a complete idiot or an out and out LIAR.

[cpap man] 16/7/2017 11:52

NEX:AFRI & TSXV:QBA



Off topic - weekend chat....

For all the many fans of DL have any of you looked at a couple of his other [favoured] stocks namely NEX:AFRI & TSXV:QBA?

AFRIs partner in crime [!] is Canadian listed LGC Capital

CA:QBA

Share trading volume [nearly 1.6M shares traded yesterday] growing at QBA with the share price starting to edge forwards....

The QBA share price was over 3X the current share price only about 1 year ago!



John McMullen, LGC Capital’s CEO, commented; “LGC, in conjunction with AfriAg, will now be actively pursuing this first of its kind opportunity in the southern African region, which expands LGC's focus into a truly international investment company. AfriAg is a great development partner for a venture such as this and this opportunity is unique. If successful, we will make LGC the first and only Canadian publicly-traded company to be licenced to grow and export recreational and medical cannabis on a global basis.”

David Lenigas, AfriAg Global’s Chairman commented; “The global cannabis industry is a fast growing sector with many international governments legalising the use of cannabis products for medical and recreational use. AfriAg can bring a tremendous amount of growing, manufacturing and global logistics expertise to this partnership. Southern Africa has the commercial advantage of very competitive labour rate, a highly-skilled agriculture workforce, excellent climatic conditions, and rich soils that are well suited to outdoor and indoor crop production.”

About LGC Capital

LGC Capital Ltd. is a Canadian incorporated public company listed on the TSX Venture Exchange (TSX-V: QBA.V). LGC’s objective is to become a diversified business group with core business divisions that provide shareholders with exposure to a diverse range of businesses, products and services, many of which have some exposure to high growth Cuban business opportunities and some that have no exposure to Cuba at all. LGC now plans to enter into the agricultural space in southern Africa through its new alliance with AfriAg.

[hottingup] 15/7/2017 18:56

Please take a look at my IMM thread this weekend.

Potential 70+ bagger by Q1 2018.

[hope67] 15/7/2017 17:59

JLP is at the bottom of a trend but is about to move up well worth a listen