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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Dwyka Resources (See LSE:NYO) | DWY | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 7.25 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 7.25 | 7.25 |
| Top Posts |
|---|
Posted at 08/9/2009 18:13 by strark I also think investors are looking around for the next Kopane , or the next undervalued resource company that is due a re-rating - would be very happy if that was DWY |
Posted at 30/7/2009 07:19 by jonny flame 30 July 2009Dear Shareholder Firstly, my apologies for the length of time that has passed since I last wrote to you. I hope that you have kept up to date via the announcements over the past few months since we launched the takeover offer for Minerva Resources plc ("Minerva"). Unfortunately during that time we were unable to communicate as freely with shareholders as we would have liked due to the various UK rules governing takeovers. As at 28 July, Dwyka had valid acceptances from Minerva shareholders representing 87.72% of the shares in Minerva, we have replaced the Board of Minerva with our own directors, we have taken management control of the company and the projects and Minerva has been delisted from the AIM market of the London Stock Exchange. Following is a short briefing on the Minerva Projects and the rationale for our decision to bid for the company, plus an update on our other activities. 1. Minerva's Projects Minerva has been working for some years on a gold exploration project in Ethiopia, approximately 500km west of the capital, Addis Ababa. Our view is that Ethiopia is a safe country and is welcoming towards foreign investors. The government of Ethiopia is keen to encourage investors and our experience is that it makes its government and minerals department executives readily available for meetings. There are various tax breaks and incentives for investment. We believe that Ethiopia will increasingly become a place in which foreign companies do business. Minerva had completed a total of 34 drill holes on its gold projects before we took control. The benefit of this work is that we can immediately move to having it independently interpreted and technically verified with a view to commencing further drilling in anticipation of moving towards a mining scenario, as well as working towards expanding the size of the orebody. Over the next couple of months we aim to: Have external consultants complete the technical interpretation of the work done to date Receive a report from Johannesburg based independent experts which will assist us to determine the next phase of the work programme Complete some trenching work in the field, near to the previously completed drilling, which will also assist us to determine the next phase of the work programme. Our overall objective is to drill enough holes to delineate 1 million ounces of gold and commence a feasibility study with a view to starting mining. We believe the project has far more upside potential than just 1 million ounces and this will be pursued alongside the desire to get into mining. 2. Muremera Nickel Project Since I last wrote in April drilling has commenced at Muremera. We expect to be able to update you on progress there in the coming weeks. 3. SwaziGold Project We are now in detailed discussions with our partners on this project to take it to the next stage and will keep you updated with developments. As always, please don't hesitate to contact me on melissa@dwyresources With warm regards. Yours sincerely, Melissa Sturgess CEO |
Posted at 09/6/2009 13:46 by debbiegee I mean DWY will attract more serious investors.Larger trades longer term. Fewer jumping out at 1st oportunity to buy in cheaper. |
Posted at 01/6/2009 23:08 by logica2me I do wonder when this will start to be reflected in the share price though. Odd that the recent news hasn't brought on board new investors. |
Posted at 26/5/2009 16:35 by jonny flame In regards my opinion that we are now entering the next stage of the commodities super cycle, don't take my word on it, but perhaps you might be interested in what Goldman have to say. Incidently if anyone is interested in an outstanding copper play 9in my humble opinion) please come and have a chat on the FND bb, bit lonely on there at the moment. However come 2010 I won't be able to get a word in! :)May 26 (Bloomberg) -- The "worst is over" for raw materials demand and investors should increase investment in companies including BHP Billiton Ltd. and Newcrest Mining Ltd., according to Goldman Sachs JBWere Pty....... ....."What is unshakeable is our belief that China and India and the other emerging economies will be the key engines of any return to world growth and commodity demand growth," Rio Tinto's head of iron ore Sam Walsh said at a resources industry presentation in Canberra today. London-based Rio is the world's second-largest exporter of iron ore. |
Posted at 25/5/2009 19:41 by debbiegee Yet another article of the same ilk.Many investors sitting on the sidelines ,watch out as a few start buying and hoarding the herd will stampede ! I firmly believe we are in the right place at the right time ! DYE TMC ENK |
Posted at 20/5/2009 20:06 by mzj71852 Sturgess said that she would be spending Thursday talking to fund managers and mining investors in Johannesburg on the BHP Billiton gap the company would like to fill by attracting another "earn-in" investor.Importantly, the company has £7,3-million in cash: "We did a financing just before the market crashed. I think we were the last junior in London to do a significant raising," Sturgess said. At the current rate of "cash burn", the £7,3-million would last the company another five years, depending on what it decided to embark upon. Sturgess said that the bulk of the company's shareholders were on the Aim and, for the last five years, Dwyka had only raised money on the Aim market. |
Posted at 19/5/2009 16:10 by 6kenny can someone post the "ramp" from City AM please? What a shame, I thought it was genuine investors piling in randomly!! Lol |
Posted at 04/7/2008 08:05 by smelleroo back on topic - looks as though others think this is too cheap!Henderson Global Investors take 6% stake in dwy! nice! smell |
Posted at 04/4/2008 19:16 by smelleroo any aussie investors or investors in oz stocks got a view on the miner admiralty listed on the asx. sounds very exciting despite the recent decline due to opes prime |
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