Core Vct I Share Discussion Threads

[andrbea] 20/4/2018 11:33

irr, rns
11%

[winchcombe] 20/4/2018 11:25

Malcy (16/4/2018) gives Amerisur (AMER) his most positive ever review:



Revenues flowing and more to come, cash rich, zero debt, Directors buying this week, fully funded 14 well drilling program for 2018, etc.

Possible 10+ bagger this year.

[cpap man] 20/4/2018 09:11

VLS



KEEP THY FAITH as VLS will soon deliver MEGA style!



kirk 620 Apr '18 - 09:05 - 1471 of 1471

Heavy buying pressure next leg higher about to commence should not have dropped so far yesterday from tiny sells

[argy4] 20/4/2018 08:32

MOS

Oh dear. Pump'n Place to raise just £100k. Boom? lol

[cpap man] 20/4/2018 08:27

VLS



Another one on the up today again is VLS ahead of the MEGA news from VLS

[cpap man] 20/4/2018 08:25

UOG



Also UOG post their placement where the new chairman who is also ex Tullow Oil has invested £60K have gone from red to blue now!

[cpap man] 20/4/2018 08:20

CLNR



Bouncy bouncy now are CLNR post that small placement

[cpap man] 20/4/2018 07:25

UOG



For immediate release 20 April 2018



United Oil & Gas Plc

("UOG", "United" or the "Company")



Proposed placing and subscription to raise £2.5 million ("Placing and Subscription")



Placing and Subscription

United Oil & Gas Plc is pleased to announce that it has conditionally raised £2.5 million gross by the issue of 58,823,530 new ordinary shares in the capital of the Company ("New Ordinary Shares") at a price per share of 4.25 pence. 57,411,766 New Ordinary Shares have been conditionally placed by the Company's joint brokers Optiva Securities Limited ("Optiva") and S.P. Angel Corporate Finance LLP ("SP Angel"), on behalf of the Company with institutional and other investors (including high net worth and retail investors) (the "Placing"). 1,411,764 New Ordinary Shares (the "Subscription Shares") have been conditionally subscribed for by Graham Martin, Non-Executive Chairman and Director (as detailed further below) (the "Subscription").

The Placing and Subscription is conditional on, inter alia, the passing of certain shareholder resolutions at the General Meeting to be held on 10 May 2018 and on Admission occurring on or around 11 May 2018 (or such later date as Beaumont Cornish, Optiva, share price Angel and the Company may agree, being no later than 31 May 2018), further details of which will be set out in a prospectus ("Prospectus") and in a notice of the General Meeting to be circulated to all shareholders.

The New Ordinary Shares will represent approximately 25.33 per cent. of the Existing Share Capital and 20.01 per cent. of the Enlarged Share Capital. The New Ordinary Shares will rank pari passu in all respects with Existing Ordinary Shares including all rights to dividends and other distributions declared, made or paid following Admission and will be issued as fully paid. Application will be made for the New Ordinary Shares, which will rank pari passu with Existing Ordinary Shares, to be admitted to the Standard Segment of the Official List and to the London Stock Exchange.



Reasons for the Placing and Subscription and use of proceeds

The Company is conducting the Placing and Subscription in order to support the business growth of the Group. The Proceeds will primarily be used as follows:



· £1.0 million for the Corallian drilling costs in relation to the development of the Colter exploration well in the UK under the farmout agreement with Corallian.



· £1.1 million for the 3D Seismic work on Colibri Project under farm-in agreement with Tullow Jamaica.



The remainder together with the existing cash resources of the Company of approximately £1.2 million will be used for general working capital, transaction expenses and other contingencies.

Graham Martin will subscribe for the Subscription Shares, for a total consideration of approximately £60,000, through Optiva, conditional on the publication by the Company of the Prospectus to be issued in connection with the Placing and Subscription and subject to Admission.

Brian Larkin, CEO commented:

We are extremely pleased to continue the progress on our portfolio and with this round of funding complete, we will be in a position to meet our development objectives across our asset base in Italy, Jamaica and the United Kingdom.

Since our establishment, we have built a strong portfolio of assets and developed a work programme, deliverable in the short term, to unlock the potential of those assets. Our strategy has always been to deliver value to shareholders by acquiring low-risk, high impact and near-term opportunities in Europe, whilst looking at high-risk, blue-sky opportunities in other regions and we would like to thank our existing and new shareholders for their ongoing support.

Beyond our current exciting portfolio, we remain committed to identifying new opportunities. We are currently examining a number of potential opportunities to further expand our asset base. These opportunities range from exploration licenses to a portfolio or production assets. We will make further announcements on this in due course."

[argy4] 19/4/2018 16:45

RRR

Peter Gyllenhammar AB seems to be the problem at the moment. Sooner he's gone...

[the stigologist] 19/4/2018 14:55

PYC

Serious volume behind this move today !

Half way through the day and already substantially up on previous days closing volume figure

Could be news any day now...

Friday - Physiomics back in the UK office after their AACR Chicago trip
Monday - start of BioTrinity
Tuesday - Company Update at BioTrinity
Wednesday - Innovate UK hold their event at BioTrinity on Investing £0.5-1.5m into SMEs involved in Precision Medicine projects (having already awarded Physiomics several contracts for Precision Medicine studies in association with Oxford Uni and Oxford NHS)

Add this to the chart breakout on Bollinger Bands AND 50/200 day Moving Averages and we could be getting a huge move here

And a huge move here has to be seen in context that it recently went from 1p to 32p in space of 48 hours !

And the Ex-Founder has publically said on here the stock should be worth 100p+

[the stigologist] 19/4/2018 14:55

PYC

Serious volume behind this move today !

Half way through the day and already substantially up on previous days closing volume figure

Could be news any day now...

Friday - Physiomics back in the UK office after their AACR Chicago trip
Monday - start of BioTrinity
Tuesday - Company Update at BioTrinity
Wednesday - Innovate UK hold their event at BioTrinity on Investing £0.5-1.5m into SMEs involved in Precision Medicine projects (having already awarded Physiomics several contracts for Precision Medicine studies in association with Oxford Uni and Oxford NHS)

Add this to the chart breakout on Bollinger Bands AND 50/200 day Moving Averages and we could be getting a huge move here

And a huge move here has to be seen in context that it recently went from 1p to 32p in space of 48 hours !

And the Ex-Founder has publically said on here the stock should be worth 100p+

[argy4] 19/4/2018 13:39

CLP & EVRH

Still ticking up.

[dosser50] 19/4/2018 13:21

Evrh....go for It!

[cpap man] 19/4/2018 11:12

KOD



Kodal Minerals* (KOD LN) 0.17p, mkt cap £11.1m –Bougouni exploration programme update

Kodal Minerals reports that it is currently conducting a reverse-circulation programme of infill and extension drilling at the Ngoualana and Sogola-Baoule prospects within its Bougouni lithium prospect in Mali.

Drilling is operating with two rigs on a double shift rota and is expected to continue until the start of the wet season in June/July.

The drilling is expected to lead to the commissioning of a JORC compliant mineral resources estimate.

In addition to the drilling, Kodal Minerals has signed a contract to extract a 5000t bulk sample of the mineralisation at the Ngoualana prospect for metallurgical testing of its concentration characteristics at the Shandong Ruifu Lithium plant in China.

“This prospect provides an ideal initial test as the Company has surface mapping and sampling, drilling and geophysical date to compare to the mining operation and this will provide excellent data for future mine planning.”

Additional metallurgical testing on drill core material from Ngoualana is underway both in China and in Australia to assess the crushing parameters and recovery characteristics “of the spodumene minerals from the DMS and flotation system.”

Conclusion: The current drilling programme should provide sufficient data for an initial mineral resource estimate later in the year while the metallurgical testing and bulk sampling should generate important data to assess processing methods. We look forward to these results later in the year and to initial resource estimate.

*SP Angel act as Financial Advisor and broker to Kodal Minerals. A partner at share price Angel acts as Chairman to the company.

[cpap man] 19/4/2018 08:52

KOD



Hyper Al19 Apr '18 - 07:26 - 420 of 425

Great news!

Maybe are partners are happy with smaller sized testing rather than that very large bulk sample.

Please keep the news flowing Kodal.

Have a good day all.

Edgein19 Apr '18 - 07:49 - 421 of 425

Hyper definitely! Stepping on the accelerator now. Two rigs working flat out on the main targets and going to be in a position to JORC these targets. That will show the market just how undervalued these are. Bulk sample about to start and further metallurgy results to come in from China over the summer too. Lots of news ahead, two rigs working double shifts will drill a heck of a lot of these shallow holes. All this still fully funded by the Chinese buy-in last year. When this one pops its likely to pop hard.

Regards,
Ed.

Hyper Al19 Apr '18 - 07:57 - 422 of 425

Edgein

Agree, looking great.

Now all the legal problems are sorted, everything can move at full pace.

They are finding bands of pure spodumene so I think the JORC will be amazing.

Hyper Al19 Apr '18 - 08:28 - 423 of 425

Australia already mines Spodumene, so obviously the place for testing the ore.

Hyper Al19 Apr '18 - 08:44 - 424 of 425

For those looking at Kodal, This is a good presentation

Edgein19 Apr '18 - 08:49 - 425 of 425

Hyper,

Definitely, Australia and China, best places to test and produce the metallurgy results and the LCE grade for commercialization of the bulk sample. They've got the right contacts for sure for off-take/development of this high grade discovery. Market is completely missing the value that the Chinese bring here and its not just for the intitial £4.8m they put in (astonishingly that's around half of our market cap down here). KOD's Ngou discovery now in excess of 850m, SAV's extended Grandao now around 700m and also open in multiple directions. Great time to be in companies with significant lith assets.

Regards,
Ed.

[cpap man] 19/4/2018 07:42

KOD



Kodal Minerals Plc / Index: AIM / Epic: KOD / Sector: Mining



19 April 2018



Kodal Minerals plc ('Kodal Minerals' or 'the Company')



Update on Exploration Programme at Bougouni Lithium Project



Kodal Minerals plc, the mineral exploration and development company focussed on West Africa, is pleased to provide an update on the Company's exploration programme at the Bougouni Lithium Project in Southern Mali ("Bougouni" or the "Project").



Highlights:

· Reverse circulation drilling continuing on site with two drill rigs operating on a "double shift" basis.

· Drilling planned to continue through to the beginning of the rainy season in June/July 2018 following which the Company expects to be in a position to commission a JORC Compliant Mineral Resource Estimate.

· Following the issuance of the new licences (announced on 17 April 2018), the contract for the bulk sample excavation, crushing and transport has been signed, initial payment made and the contract mining firm will be mobilising to site shortly.

· Metallurgical samples undergoing a test work programme at a facility in Australia designed to validate and expand on the initial metallurgical test results.

· A second sample has been dispatched to Chinese plant of Shandong Ruifu Lithium for further metallurgical testing following the first sample which indicated Bougouni could produce battery grade lithium carbonate.



Bernard Aylward, CEO of Kodal Minerals, said: "We are continuing with the major exploration and definition programme at Bougouni with multiple key activities happening in parallel as we look to fast track our project towards a decision to mine in as short a timeframe as practicable. The drilling is focused on infill and definition at the Ngoualana and Sogola-Baoule prospects, while we are also testing multiple exploration targets to define additional high-grade pegmatite zones.



"Alongside this drilling campaign, we are also progressing our bulk sample work and a contract mining firm will be mobilising to site shortly. The bulk sample will provide us with critical information regarding the mining and processing characteristics of our mineralisation and the metallurgy will provide us with key information on the quality of the product as well as specific information to be included in potential processing plant design."

[cpap man] 18/4/2018 15:50

VLS



VLS getting ready for strong push into the close again

[lr2] 18/4/2018 14:45

AMER - seller just finished I suspect - up from here likely.

[cudmore] 18/4/2018 14:17

VAL RNS imminent. It’s going to rocket northwards!