Gippsland Share Discussion Threads

[vanbrussel] 01/10/2010 07:57

CAPITAL RAISING
80M new shares at 4¢ for A$3.2M
New total at 624.634.716
Options total at 56M excercisable between 8 and 13.5¢ (2011-2012)




.

Market Cap 624M at 4.6¢ = 28.7M AUD / 28.6M CAD / 17.7M GBP

[vanbrussel] 29/9/2010 16:47

Jack latest promo: 12 pages on Tantalum in Mining Journal
http://www.mediafire.com/?uc8k7hdqt7w7shq

[joan of arc] 29/9/2010 12:35

I have always felt that Starck are not playing with a straight bat re GIP. They were more than happy to see them go into administration before the rescue. They are clearly not short of supplies (where do they come from - don't ask) so I do not see them helping out GIP in the near term, if at all.

I'll be interested to see what is going on with the proposed capital raising though I certainly don't need the cash call with my large holding.

[vanbrussel] 29/9/2010 11:14

UPDATE Abu Dabbab Tantalum Offtake Agreement
(September 29, 2010 - 19:03 EST)

Same old story however

[vanbrussel] 29/9/2010 08:56

Source: Hotcopper 5765200
Poster: benmactiernan

Just got this from my broker:


Tantalum-Tin Capital Raise - Sophisticated

Gippsland Ltd (GIP) owns 50% interest in what could be the world?s largest tantalum-tin mine in Egypt with JORC resource / reserve, off-take, advanced discussions with banks, environmental permits in place, BFS completed and open pit production planned for 1Q 2013.

The Company also owns 100% highly prospective gold/copper tenements in Eritrea and 40% free-carried interest in Heemskirk Tin project in Tasmania which had recent exploration success and could be the largest undeveloped high grade tin resource in Australia. These assets will be spun-out into a separate listed entity where the amount to be raised will be underwritten by Gippsland?s Chairman, Ian Gandel.

The placement is priced at a 41% discount to the last price of 6.8 cents and will settle in one tranche. We have cornerstone support for $0.7 million.

On completion, Gippsland?s market capitalisation will be $25 million at the issue price ($42 million at the last price) and the company will have close to $4 million in cash.

Additional information is available by referring to the presentation lodged by GIP with the ASX on 3 September 2010. I will be attending a phone conference call later on this hosted by the company.

[vanbrussel] 29/9/2010 08:40

CAPITAL RAISING as expected
Apparently $4M at 4¢

[tel5] 28/9/2010 13:43

this share should finally show an upturn as the potential looks huge

[vanbrussel] 27/9/2010 14:26

Abu Dabbab needs a production company, that's industry standard
If so, the question still is, is it for real or something to please potential investors
Hotcopper mentions the Saudi spin out

[davidhp] 27/9/2010 13:59

Please Sir... can I have some more?

[marksnsparkle] 27/9/2010 11:12

Trading to commence again on Wednesday when the announcement will be made ...

[marksnsparkle] 27/9/2010 11:02

GIP up 36% to about 3.9p in Aus and now trading in GIP has been halted pending an announcement "regarding a spin out of assets" ...

[shadowchaser] 20/9/2010 13:29

So that's it!

Jack's a guardian of rare metals and is actively preserving the future of our planet !

If I'd have known him motivated by and capable of such altruism ,I would have doubled my investment !

---[NOT]

Lol!

-SC

[vanbrussel] 20/9/2010 11:52

Pathetic? Come on...
Jack is preserving Abu Dahhab for the future generations, that's what he is doing
By the way, if he invested smartly -last 24 months or so - he could lend GIP some EGP's himself

[shadowchaser] 20/9/2010 10:26

GIP- YEAH,YEAH,YEAH,

YEAH.YEAH,YEAH,

YEEEEAAAAAHHHHHHH!


SO whats's new???

Tantalum is very valuable ,tin is very valuable ,

Gip has found both ,but our good friend Jack can't afford a spade to dig it up!
NOW he has spent our money travelling the world [and will shortly be asking for MORE no doubt] trying to persuade someone to lend him some to do so....

What a pathetic performance this group has put on !


=SC

[vanbrussel] 20/9/2010 06:19

Jack's dedicated spam notifications:
WH Ireland - Gippsland, Speculative Buy

Minor Metals
Gippsland (GIP:ASX A$0.05; Hi-Lo A$0.09-0.03) on which we reported last week, has a major tantalum project in Egypt.Tantalum is one of the more esoteric minor metals. Production is only 1400tpy of which almost 80% comes from Australia and Brazil. Also in the trough are such diverse sources as Canada, Ethiopia, Mozambique and Rwanda. This intriguing metal has unique electronic capabilities (pagers, mobile phones, computers, automotive electronics) and high melting-pointalloys. Its demand is rising, but its sources are increasingly suspect. Its pricing mechanism makes Freemasonry look like the Samaritans dial-in line. Much Ta is processed and traded in Belgium as a carry-over from the colonial Congo days. So there is a Tantalum-Niobium International Study Centre (TIC) there which acts as a watchdog. Gippsland has resigned as a member on the grounds that the group is associating itself with non-ethicals. Not difficult when you have Rwanda,Ethiopia and the DRC on your books.

Tin is the tiddler of the ET metals and has not flexed its muscles since the crisis of the early 1980s. Yet its price surge of late has outstripped that of its LME compatriots. It bobbed along at c.$5000/t for many years, characterised by short-lived,manipulated spikes. One such saw it hit $25,000/t in 1977. Now, at almost $24,000/t it is challenging its all time highs.Why? Because it comes from only a few sources and some are in trouble. Add.

Hargreaves: The week in Mining: 18-25 September 2010

[bluebell8] 12/9/2010 18:21

I was thinking the other day that as there is so few of us left could we not form a secret society on the lines of the Mason's ,call ourselves the Tantilums or something,and not give any info to anyone ,just like Gipsland

[vanbrussel] 10/9/2010 14:29

These RCR-reports are a nice read as always, but...
Dr[Phd]Trent Allen, shame on you, didn't you doublecheck Jack's info

Second paragraph in 'Market: Supply and Demand' reads: Leading commercial consumers are HC Starck GmbH (part of German conglomerate Bayer AG)

Bayer? [exit 2007] Of course you don't expose the Carlisle Group [nicknamed the ex-presidents group] as HC Starck co-owner. Why mention it?
As for the wait, you can't relance Gippsland 5 minutes after the Financial Stability Act with a co-owner so politically connected as Carlisle

[marksnsparkle] 10/9/2010 10:48

I know you all love reading JT's updates on the state of the tantalum market :-) ... so here is the latest propaganda he sent out ... and the price went up 19% in AUS

Link to email attachment ...


Email ...

To keep you abreast of developments in the tantalum industry, we attached a copy of a tantalum article published by the authoritative group Resource Capital Research
As reflected in the RCR publication, the tantalum price has increased substantially, the tantalum market is buoyant and the delivery of conflict tantalum (Blood Tantalum) from Central Africa is being restricted with increasing effectiveness as the recently introduced US Conflict Minerals Bill takes effect.
For further details about Gippsland's world-scale Abu Dabbab - Nuweibi tantalum project, please visit the Company's website which has recently been updated.
Jack Telford
Director - CEO
Gippsland Limited
www.gippslandltd.com