Geiger Counter Share Discussion Threads

[christianf12] 15/8/2012 09:58

FTE 45m lbs JORC U308

Takeovers last couple of years have been done at $10 per 1m lb resource.

That would value FTE at $450m or around £300m.

FTE current cap is £10m and the share price is 1.25p offer.

Broker has 26p target : )

Fill your boots imo. GCL just bought in.

[energiser01] 15/8/2012 09:55

Update Paladin - share price starting to tick up...

Long Term Off-take Contract with a US$200M Prepayment

for 13.73Mlbs of deliveries from 2019 to 2024. Looks like a good deal, using mine value to underpin, so they can reduce % assigned as.if they can increase the asset value of the mine...

Full rel @

dyor etc..

[tonsil] 15/8/2012 09:08

As a long term holder (now well under water) it would be good to have more discussion/views on the future of this share. Will it go lower short term? Where is the floor value of this share? When is recovery likely to start? Will the end of the megatons to megawatts program spark it into life? Is the nuclear waste moratorium in the US a long term hammer blow? What is fair value at present U and Au prices? etc

[energiser01] 15/8/2012 08:56

prae = ncim from what I can see, some of the same people..

dyor etc..

[christianf12] 14/8/2012 15:52

GCL invests in FTE?

[timtom2] 10/8/2012 11:08

Interesting read:

[p1nkfish] 06/8/2012 06:35

Prae invested in ausgold. Some validation of the holding having value.

[p1nkfish] 01/8/2012 08:23

Ausgold fundraising news.

[energiser01] 26/7/2012 09:21

bones - uncanny tracking, suspect a few others might also look like that, would be good to see one plotted against price of U.

on similar thread, whilst U price stays around same level I think the pressure building when a correction happens is going to increase and it will pop at some point, which should give a lift to the SP's but may again create a spike bubble, on balance I think I'd prefer a gradual rise over the medium term than a bang bust scenario, which seems to be building.

Either way I see U establishing a higher floor price this time next year closer to 75, rather than 50.

dyor etc...

[bones30] 17/7/2012 12:33

https://www.google.co.uk/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=Linear&chdeh=0&chfdeh=0&chdet=1342524754688&chddm=930&chls=IntervalBasedLine&cmpto=LON:GCL&cmptdms=1&q=NYSE:CCJ&ntsp=0

I thought was an interesting chart.

[philo124] 15/7/2012 08:01

I have been waiting to get back in so still on watch list. I have no idea other than to try to buy at really low price, which for me would be 20% lower than the
current price.

[p1nkfish] 15/7/2012 07:52

Any gcl price target predictions for the next 6-12 months over fridays close? Up/down and by how much? I say 44p 12 months from now. I like the uranium story but not sure about this Trust management.

[p1nkfish] 12/7/2012 23:36

Time to buy into uranium

[energiser01] 04/7/2012 10:24

Update - GREENLAND MINERALS AND ENERGY LIMITED (GGG) nit sure that GCL still hold this share.

full rel @

Zone 2 Renamed Sorensen Deposit

Quite an interesting RNS and a worth a read for the tribute, amongst all the crazyiness in the world.

dyor etc...

[energiser01] 02/7/2012 16:48

Update - Czech bids for two more reactors..

full story @

Three previously approved reactor vendors have today submitted their bids to Czech utility CEZ for the contract to build two more units at the Temelin nuclear power plant. A new public opinion poll has found strong support for their construction.

In November 2011, CEZ released detailed tender documentation defining the full scope of the public contract, including commercial and technical requirements for the supply of two complete nuclear power plant blocks on a full turn-key basis, including the nuclear fuel assemblies for nine years of operation. At the same time, it formally invited the candidates - Areva, a Škoda JS/AtomStroyExport/OKB Gidropress consortium and Westinghouse – to submit their bids for Temelin units 3 and 4.

CEZ said that all bids and plans must comply with the relevant legislation of the Czech Republic as well as applicable EU requirements and safety requirements defined by the International Atomic Energy Agency (IAEA) and the Western European Nuclear Regulators' Association (WENRA). Furthermore, noted CEZ chairman and CEO Daniel Benes, the plans must also be licensed in the vendors' home countries or in one of the EU Member States. "Compliance with this set of requirements is a prerequisite for obtaining all the necessary licences in the Czech Republic," he added.

dyor etc..

[energiser01] 02/7/2012 15:21

Update - Directors (Some names in common here, with this and other NCIM trusts)

Don't know much about Preatorian or how well it'll be recd in this market. Best hope is it attracts some new money and then they buy more shares in the holdings of Golden Prospect, Geiger and New Energy (which share quite a few common holdings) - like Ausgold (which could do with a kick in the preverbial)

Mining investment company Praetorian Resources Ltd plans to join Aim in early July.

There are no real limits on what geographies and types of mineral that Praetorian will invest in. No more than 20% of net asset value will be invested in any single company.

Guernsey-registered Praetorian ( has appointed Charles Cannon-Brookes as its investment manager and Malcolm Burne is a non-executive director and a member of the execution and advisory team. Both men are also directors of cash shell Longships. The other member of the execution and advisory team is fund manager Richard Lockwood who is a Longships shareholder and a non-executive director of Praetorian. Burne and Lockwood have been involved together in the company that became Ambrian Capital and Golden Prospect Precious Metals. Praetorian chairman Robert King is also a director of Golden Prospect Precious Metals.

Former Kalahari Minerals boss Mark Hohnen is a non-executive of Praetorian

plus link to AIM newsletter.



dyor etc..

[energiser01] 29/6/2012 15:29

Update - UAE (actually about steel bars, but a bit about UAE plant @ braka)

full story @

UAE rebar maker meets nuclear grade28 June 2012
Emirates Steel Industries - the only integrated steel plant in the UAE - is now certified to produce concrete reinforcing bar (rebar) for use in nuclear facilities having met the necessary quality standards.


Preparatory groundwork for the UAE's first nuclear power plant at Braka is already underway, with the pouring of the concrete basemat for the first unit scheduled in December. In a $20 billion deal announced in December 2009, the Emirates Nuclear Energy Corporation (Enec) selected a Korean consortium led by Korea Electric Power Company (Kepco) to build four APR-1400 reactors, the first of which is scheduled to come online in 2017. Further reactors could be ordered as electricity demand grows from some 16 GWe currently to an expected 40 GWe by 2020.

Other Middle Eastern countries - including Saudi Arabia and Jordan - also have plans to introduce nuclear power into their energy mixes.

dyor etc..

[energiser01] 29/6/2012 15:24

Update - Russia

full story @

Large fast reactor approved for Beloyarsk

The government of the Sverdlovsk region of Russia has approved the construction of the country's first BN-1200 fast reactor at the Beloyarsk nuclear power plant. The unit will be built to replace the existing smaller BN-600 reactor at the plant, which is scheduled to be shut down by 2020.

dyor etc..

[energiser01] 29/6/2012 10:08

Update U general

full article @


ASX-listed Energy Resources of Australia (ERA) was up 5% over the past month, and 18% over the past nine months, with the company moving off a low base and rebuilding value through exploration, cost cutting and renewed focus on environmental and social issues.

Uranium major Paladin has been flat over the past month, but RCR noted that the company was continuing to make good progress on operational cost reductions at its Langer Heinrich and Kayelekera operations, though overall performance remained leveraged to the low uranium price.

RCR also earmarked Paladin as a possible takeover candidate, with speculation fuelled by Cameco's recent C$1-billion capital raising.

dyor etc..

[energiser01] 28/6/2012 14:54

Update - IBC Advanced Alloys (1.42% of trust NAv as @ 31/3/12)

IBC Signs Exclusive Copper Alloys Supply Agreement (confident will generate cd $6m to $8m in revenues over 3yr contract.

full rel @

Copper Alloys Operations Contribute to IBC Manufacturing Growth
VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 28, 2012) - IBC Advanced Alloys Corp. (TSX VENTURE:IB)(OTCQX:IAALF) ("IBC" or the "Company") has signed an exclusive supply contract to provide a proprietary copper alloy to a global leader in the design and manufacture of high performance products for the aerospace industry. The customer is an acknowledged global industry leader that has been providing its customers with superior copper alloy products for decades.

"We are pleased to be recognized as an essential and high-quality member of our customer's supply chain and to have finalized a long term supply commitment," said Mark Wolma, President of IBC's Copper Alloys operations. "This exclusive supply agreement validates IBC's steadily improving track record of high quality and on time deliveries and demonstrates our commitment to providing materials solutions to our global customers. We look forward," continued Wolma, "to delivering on this agreement and to working closely with our customer to develop additional alloy production processes that support their international reputation for manufacturing and materials excellence."

Anthony Dutton, IBC's CEO commented, "We are increasingly working with our customers to provide specialty, industry-focused solutions to address specific materials needs involving copper and aluminum alloys. This supply contract is vindication that our customer-focused strategy is working."

No minimum ordering requirements are stipulated under this new exclusive supply agreement, but IBC management is confident the agreement has the potential to generate from $6,000,000 to $8,000,000 in revenues over the three-year life of the contract.

dyor etc..

[energiser01] 26/6/2012 15:52

Update - Lithuania

May be other countries should try this discount approach, see how much it sways public opinion, starting with Japan ?

full story @

Members of the Seimas, Lithuania's parliament, adopted the draft law on the nuclear power plant by 70 votes in favour with 2 against and 2 abstentions. The Seimas also adopted a protocol resolution proposing that residents living within 50 km of the plant could receive electricity discounts of up to 50% off standard rates. The laws must also be signed by the Lithuanian president before they can come into effect.

dyor etc..

[timtom2] 25/6/2012 23:34

Worth a quick read of CEO letter to shareholders as GCL as shareholder: