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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Next 15 Group Plc | LSE:NFG | London | Ordinary Share | GB0030026057 | ORD 2.5P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| -2.00 | -0.47% | 427.00 | 128,865 | 16:29:59 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 426.00 | 428.50 | 434.00 | 422.00 | 434.00 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Public Relations Services | 734.67M | 52.91M | 0.5243 | 8.14 | 432.94M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 16:35:12 | UT | 27,850 | 427.00 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 17/9/2024 | 09:37 | ALNC |  Next 15 grows profit but Tech customer "weakness" hits hard |
| 06/9/2024 | 08:35 | ALNC | TOP NEWS: Next 15 tumbles as lowers outlook after contract not renewed |
| 27/6/2024 | 12:07 | ALNC | TAKING AIM: Next 15 should see a reversal of fortunes in second half |
| 27/6/2024 | 09:51 | ALNC | Next 15 shares fall as battles against tough macro environment |
| 16/4/2024 | 10:22 | ALNC | Next 15 touts AI investment as annual profit surges |
| 24/1/2024 | 11:31 | ALNC | TAKING AIM: Next 15 "noticeably more positive" despite headwinds |
| 24/1/2024 | 10:42 | ALNC | Next 15 trades in line with expectations; confident in outlook |
| 24/1/2024 | 07:00 | UKREG | NEXT 15 GROUP PLC: Trading Statement |
| 22/1/2024 | 07:00 | UKREG | NEXT 15 GROUP PLC: Transaction in Own Shares |
| 19/1/2024 | 07:00 | UKREG | NEXT 15 GROUP PLC: Transaction in Own Shares |
Next 15 (NFG) Share Charts1 Year Next 15 Chart |
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1 Month Next 15 Chart |
Intraday Next 15 Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 10/11/2024 | 20:25 | New Found Gold (TSXV) | 33 |
| 08/11/2024 | 16:13 | Next 15 Group Plc | 93 |
| 06/7/2023 | 06:11 | Formerly Next Fifteen Communications | 11 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
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Posted at 14/12/2024 08:20 by Next 15 Daily Update Next 15 Group Plc is listed in the Public Relations Services sector of the London Stock Exchange with ticker NFG. The last closing price for Next 15 was 429p.Next 15 currently has 100,918,992 shares in issue. The market capitalisation of Next 15 is £430,924,096. Next 15 has a price to earnings ratio (PE ratio) of 8.14. This morning NFG shares opened at 434p |
Posted at 10/11/2024 20:25 by stu31 New Found Announces Initiation of Maiden Resource and Preliminary Economic Assessment for the Queensway Project(TSX-V: NFG | NYSE-A: NFGC) Vancouver, BC, November 6, 2024 – New Found Gold Corp. (“New Found” or the “Company” Highlights: The Company has engaged SLR Consulting (“SLR”) to deliver a maiden resource estimate and PEA, with an anticipated completion date of Q2 2025. The appointment of SLR to deliver a maiden resource and PEA is an important milestone for the Project as it will provide the first assessment of mineral inventory and project economics, including cash flows, NPV, IRR, and payback period. SLR, including its Mining Advisory Group (formerly Roscoe Postle Associates Inc.), is a leader in Mineral Resource estimation and mining project advisory with extensive experience in estimating gold mineralized systems with recent involvement with projects on the island of Newfoundland, including producing mineral resource estimates, mining studies and National Instrument 43-101 technical reports. SLR’s mining advisory services include geological, mining, metallurgical, tailings, and environmental consulting. The goals of the resource estimate and PEA are to identify possible project development scenarios and demonstrate the financial potential for the Project. In addition, the PEA will define work programs that will allow the Company to advance the Project. Ron Hampton, Chief Development Officer of New Found, stated: “We are excited to initiate this study work that will be invaluable to defining our strategic development pathway. We believe the resource estimate and PEA is an important step in understanding the value potential of the Project and will provide the Company with a clear path forward to continue advancing Queensway.” Qualified Person The scientific and technical information disclosed in this press release was reviewed and approved by Greg Matheson, P. Geo., Chief Operating Officer, and a Qualified Person as defined under National Instrument 43-101. Mr. Matheson consents to the publication of this press release dated November 6, 2024, by New Found. Mr. Matheson certifies that this press release fairly and accurately represents the scientific and technical information that forms the basis for this press release. About New Found Gold Corp. New Found holds a 100% interest in the Queensway Project, located 15km west of Gander, Newfoundland and Labrador, and just 18km from Gander International Airport. The project is intersected by the Trans-Canada Highway and has logging roads crosscutting the project, high voltage electric power lines running through the project area, and easy access to a highly skilled workforce. The Company is currently undertaking a 650,000m drill program at Queensway and is well funded for this program with cash and marketable securities of approximately $35 million as of November 2024. |
Posted at 08/11/2024 16:13 by simon gordon NFG discussed at the 53-minute mark:Vox Markets - 8/11/24 The Exchange with Chris McVey of Octopus Investments |
Posted at 31/10/2024 22:15 by stu31 New Found Makes New Discovery at Depth With 343 g/t Au Over 2.15m, 40.6 g/t Over 2.20m & 9.51 g/t Au Over 7.45m at “Golden Dome” Zone(TSX-V: NFG | NYSE-A: NFGC) Vancouver, BC, October 31, 2024 – New Found Gold Corp. (“New Found” or the “Company” Golden Dome Highlights: Deep drilling targeting a prospective area between the Golden Joint and Dome zones intersected high-grade gold mineralization over a nearly 30m down-hole interval as demonstrated by several high-grade intercepts with a cumulative length of 11.80m including 343 g/t Au over 2.15m (which contained a 1,230 g/t Au sample over 0.60m core length), 9.51 g/t Au over 7.45m, and 40.6 g/t Au over 2.20m in NFGC-24-2158 (Figures 2-5). This broad interval of high-grade mineralization with a cumulative length of 11.80m is a new zone called “Golden Dome” and is located within a previously untested gap in drilling that spans a length of at least 500m partway between Golden Joint and Dome. Today’s intercept occurs 200m below existing drilling at Dome (Figures 3 and 5). These preliminary results suggest that this zone is part of a larger mineralized structural network connecting Dome to Golden Joint having a combined strike length of 750m and extending to depths of up to 375m (Figure 7). Follow-up drilling is ongoing to define this new discovery. Additional Deep Drilling Highlights: The Company has also received additional results from its ongoing deep drilling program testing the Keats Baseline Fault Zone (“KBFZ”) NFGC-24-2135 testing between the Keats segment of the KBFZ and the AFZ intersected another new high-grade discovery at depth with the highlight interval of 13.7 g/t Au over 4.85m, including 40.6 g/t Au over 1.50m. This interval is located immediately east of the AFZ at a vertical depth of 500m and contains visible gold; it is located peripheral to a broader low-grade quartz vein domain. This adds to the nine deep zones recently announced at Queensway (released July 11, 2024), (Figure 6). At Keats South, wedge hole NFGC-24-2112-W1 intercepted 23.3 g/t Au over 2.20m at a vertical depth of 645m. This hole was designed to step out from the previously released parent hole NFGC-24-2112 which included an upper zone of 11.0 g/t Au over 2.65m starting from a vertical depth of 585m and a deeper zone of 7.66 g/t Au over 2.70m starting from a vertical depth of 770m (Figure 4). Overall, the deep drilling at Keats South has identified two broad domains of Au-bearing quartz veins on the east and west sides of the AFZ with similar mineralization characteristics as seen in the high-grade segments of the KBFZ. The wedging program is designed to rapidly step out on high priority zones to better define their extents of high-grade mineralization. To date, the wedging program has successfully demonstrated that the gold mineral system continues to depth and additional drilling work is required to better understand this region of gold mineralization and expand and define the high-grade component. The Company has increased the number of diamond drilling rigs to eight at the project site with five rigs active at Queensway and three rigs active at its recently acquired Kingsway Project which adjoins Queensway along strike to the north. Figure 1: Photos of mineralization at Golden Dome at ~493.6m in NFGC-24-2158 ^Note that these photos are not intended to be representative of gold mineralization in NFGC-24-2158. Greg Matheson, Chief Operating Officer of New Found, stated: “Today’s discovery at Golden Dome indicates that high-grade gold is present deeper in the Queensway system. Golden Dome is well positioned in a wide-open area between several major structures including Golden Joint, Dome and Iceberg East with mineralization characteristics akin to those observed at many of the other near surface zones. “As announced recently on October 24, 2024, the results from the Pistachio discovery at Kingsway show the advancement of scale of the mineralized system made in 2024 at surface, along strike. Paired with our ongoing success at depth, we are seeing a significant increase in the mineralized footprint at Queensway. We have now received results from 21 deep drill holes, leading to the discovery of 11 new zones at depth. Our target pipeline for growth is strong and we recently doubled the number of active drill rigs at the project to more rapidly advance and define many of these new high-grade discoveries.” |
Posted at 07/9/2024 07:01 by simon gordon Times - 6/9/24Next 15 shares slump after agency loses most lucrative client The Public Investment Fund, Saudi Arabia’s sovereign wealth fund, is said to be cancelling its contract with Mach49, the spin-off adviser The stock market value of Next 15 has halved after one of the business advisory group’s agencies lost its most lucrative client. In a short statement, Next 15 confirmed that the largest customer of Mach49, which advises businesses on carve-ups and spin-offs, would cancel its contract at the end of this year and not in 2026, as had been expected previously. The name of the client was not revealed, but industry sources suggested it was the Public Investment Fund, Saudi Arabia’s sovereign wealth fund. It is thought to have been paying for advice on what it should be doing with the companies it already owns, as well as seeking ideas for new investments. No reason for the contract ending was given. The sovereign wealth fund was approached for comment. Next 15 had expected to earn more than £80 million in revenue from the PIF contract in its next financial year, which begins in February. When it won the contract in 2022, Mach49 calculated that it would be worth about £300 million in total over the five-year period. “While we anticipate that the client will continue to use Mach49’s services in the future, we believe it is prudent to materially reduce forecasts for the financial year to the end of January 2026,” Next 15 said in a brief stock exchange announcement. City analysts took a knife to their forecasts. Caspar Erskine, a technology and media analyst at Panmure Liberum, estimated that Next 15’s profits next year could take a hit of up to 25 per cent. Others suggested a reduction nearer to 35 per cent. They also trimmed their profit forecasts for the present financial year after Next 15 warned that some of its other businesses were also struggling. It blamed “weakness̶ In response, Next 15 shares tumbled by 398½p, or 48.1 per cent, to 429½p, valuing the business at less than £900 million. Two years ago, just before it made a bid for M&C Saatchi, its rival, the shares were changing hands at three times that price. Jessica Pok, an industry analyst at Peel Hunt, said the share price reaction had been “overdone̶ Next 15 is best known in the City as the owner of MHP Group, which handles the financial communications for dozens of companies listed on the stock market, including its parent. It also owns other consultancies, advising clients on everything from marketing to technology to communications. Next 15’s agencies have worked with some of the world’s best-known brands and companies, including Apple, BAE Systems and Pepsi. The group bought Mach49 four years ago, with the selling shareholders paid out based on how profitable the agency is between then and January 2025. Next 15 said that the loss of the PIF as a client would reduce the earnout obligation to those shareholders. However, because the PIF’s contract will endure for all but one month of the earnout assessment period, analysts expect the reduction to be modest. Erskine had thought the earnout would total about $250 million, but he thinks that now it will come down by about $20 million. Other analysts estimated that the drop might be closer to $30 million. |
Posted at 06/9/2024 08:03 by wad collector Here is the headline on their company website"We deliver consistently good results for our investors because we stay true to our principles." I think they need a rewrite. Must confess that when I saw the share price down 49.8% I was hoping that I had forgotten about a share reduction scheme. |
Posted at 07/7/2024 22:42 by stu31 New Found Commences Surface Trenching at IcebergJuly 3, 2024 Vancouver, BC, July 3, 2024 – New Found Gold Corp. (“New Found” or the “Company” Highlights: The Iceberg surface trenching program will focus on excavating between 1-12 meters of overburden that covers the projection of the Iceberg Zone at the bedrock surface, exposing 220m of strike length over a 105m wide area, which corresponds to a core segment of the surface expression of the Iceberg Zone (Figure 1). Excavation of overburden covering the surface of the zone is expected to allow for a detailed analysis of the geological and structural models currently defined through drilling. Excavation work is underway and it is estimated that the trench will take 8-10 weeks to complete, followed by a detailed geological mapping program expected to be completed in Q4 2024. The Iceberg Zone starts approximately 4m below surface at bedrock and when combined with the Iceberg East segment has been drill defined over 680m of strike length and to a depth of 180m. The shallow portion of Iceberg demonstrates robust grades over significant thicknesses, a hallmark characteristic of the zone. Previously released near surface highlight intervals from the area to be trenched include: Table 1: Iceberg Near Surface Drilling Highlights Note that the host structures are interpreted to be steeply dipping and true widths are generally estimated to be 70% to 95% of reported intervals. Infill veining in secondary structures with multiple orientations crosscutting the primary host structures are commonly observed in drill core which could result in additional uncertainty in true width. Composite intervals reported carry a minimum weighted average of 1 g/t Au diluted over a minimum core length of 2m with a maximum of 4m consecutive dilution when above 200m vertical depth and 2m consecutive dilution when below 200m vertical depth. Included high-grade intercepts are reported as any consecutive interval with grades greater than 10 g/t Au. Grades have not been capped in the averaging and intervals are reported as drill thickness. Keats Trench Update: In 2023, the Company completed (November 17, 2023) a surface trench of the Keats Zone, exposing 200m of strike length over a 150m wide area. The Company is in the process of completing a high-density surface channel sampling program at the Keats zone trench that began in early May 2024 and is expected to be completed by mid-July 2024. This sampling program has been designed to systematically test the exposed 200m strike length of the Keats Zone along 7.5m spaced cut channel samples with approximately 1,650m of cut channel samples. Greg Matheson, Chief Operating Officer of New Found, stated: “Trenching along a 200m strike length of the Keats Zone in late 2023 has yielded a great deal of geological information and significantly strengthened confidence in our sub surface 3-D models. Having the ability to observe large surface exposures of mineralization provides added confidence beyond what can be garnered from drilling alone, paving the way for more accurate modelling. We want to de-risk Iceberg in the same way by exposing the bedrock surface above the zone. Like Keats, Iceberg was blind, it does not outcrop at surface but rather exists under a thin layer of till cover. “The ongoing systematic channel sampling program at Keats is expected to provide significant insights into the grade distribution across the vein network associated with the Keats-Baseline Fault where the vein model is now very well constrained as a result of having the trench exposure. The process of mapping and systematic sampling across our key zones is an important step and one easily accomplished at Queensway since many of our mineralized zones extend to the bedrock surface with limited cover. It is exciting to know we will have the first glimpse of Iceberg in a few weeks’ time.” The Company is pleased to provide a quarterly update with respect to the Company’s at-the-market equity offering program (the “ATM”) implemented on August 26, 2022, pursuant to an equity distribution agreement (the “Equity Distribution Agreement”) with BMO Nesbitt Burns Inc., Paradigm Capital Inc. (together, the “Canadian Agents”) and BMO Capital Markets Corp. (the “U.S. Agent” and, together with the Canadian Agents, the “Agents” From the commencement of the ATM to June 30, 2024, the Company issued an aggregate of 9,539,695 common shares in the capital of the Company (the “ATM Shares”), through the facilities of the TSX Venture Exchange and NYSE American, at an average price per ATM Share of C$5.37. From March 31, 2024, to June 30, 2024, the Company issued 2,925,552 ATM Shares, at an average price per ATM Share of C$4.71, for aggregate gross proceeds of C$13,784,148. Pursuant to the Equity Distribution Agreement, a cash commission of C$323,927 was paid to the Agents in connection with the issuance of the ATM Shares during the last fiscal quarter, resulting in aggregate net proceeds of C$13,460,140. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor will there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Qualified Person The scientific and technical information disclosed in this press release was reviewed and approved by Greg Matheson, P. Geo., Chief Operating Officer, and a Qualified Person as defined under National Instrument 43-101. Mr. Matheson consents to the publication of this press release dated July 3, 2024, by New Found. Mr. Matheson certifies that this press release fairly and accurately represents the scientific and technical information that forms the basis for this press release. About New Found Gold Corp. New Found holds a 100% interest in the Queensway Project, located 15km west of Gander, Newfoundland and Labrador, and just 18km from Gander International Airport. The project is intersected by the Trans-Canada Highway and has logging roads crosscutting the project, high voltage electric power lines running through the project area, and easy access to a highly skilled workforce. The Company is currently undertaking a 650,000m drill program at Queensway and is well funded for this program with cash and marketable securities of approximately $54 million as of July 2024. |
Posted at 10/4/2024 15:11 by stu31 looks like you are as busy on this as me ;) he gets it back from the bitcoiners so alls fair in love and warNew Found Intercepts 17.8 g/t Au Over 13.5m, 27.7 g/t Au Over 2.7m, 12.7 g/t Au Over 4.6m and 1.23 g/t Au Over 47.2m at K2 Zone April 10, 2024 Vancouver, BC, April 10, 2024 – New Found Gold Corp. (“New Found” or the “Company” 17.8 g/t Au over 13.45m in NFGC-23-1986, 12.7 g/t Au over 4.60m and 1.23 g/t Au over 47.20m in NFGC-23-1997, 27.7 g/t Au over 2.70m and 3.26 g/t Au over 13.85m in NFGC-23-1647, 14.5 g/t Au over 4.50m in NFGC-23-1883, and 31.2 g/t Au over 2.25m, and 26.3 g/t Au over 2.05m in NFGC-23-1962 are just a few of the highlight intervals that occur above 200m vertical that were intercepted as part of an ongoing program designed to expand and further define a central high-grade domain within the K2 structure that now spans an area measuring 180m long x 90m wide. K2 is a gold mineralized system made up of multiple structures and crosscutting vein orientations that currently has a defined mineralized footprint of 490m long x 395m wide. The gold mineralization begins at surface and has been drill-defined down to a maximum vertical depth of 250m (Figures 1-5), where it remains open and untested. Much of the gold at K2 is found in the “K2 Main” structure (shown in red in Figure 3), a low-angle gold-bearing fault zone starting at surface that dips 30-40° to the southeast which shares a similar dip to Keats West and strike to the Keats-Baseline Fault Zone. Within the overall K2 structure, there are multiple domains of high-grade gold in addition to regions with gold mineralization concentrated over broad thicknesses, typically occurring near structural intersections or areas of structural complexity. A few examples include the aforementioned central high-grade domain, as well as the previously released “Stibnite Vein” (see purple highlighted vein in Figure 3), which is located 250m up-dip and has produced several notable intervals including 3.48 g/t Au over 25.30m in NFGC-23-1783 (January 31, 2024) and 4.50 g/t Au over 12.95m in NFGC-23-1303 (August 28, 2023). Exploration drilling has also led to the discovery of a panel of thick gold mineralization located near to surface, a further 65m south of the central panel reported in today’s release, where highlight intervals of 3.75 g/t Au over 14.55m in NFGC-24-2010, 2.87 g/t Au over 15.35m in NFGC-23-1645, and 15.6 g/t Au over 3.05m in NFGC-23-1971 were intercepted. This panel covers an area that is currently 200m long by 60m wide and is hosted within a potentially folded and uplifted segment of the K2 structure that is sandwiched between two crosscutting gold-bearing faults. Additional notable intervals that further define this domain include 1.27 g/t Au over 19.80m in NFGC-23-2004, 1.71 g/t Au over 15.65m in NFGC-23-1951, 2.79 g/t Au over 11.60m in NFGC-23-1962, and 16.0 g/t Au over 2.50m in NFGC-23-1986. Additional infill results included in today’s release were completed in the up-dip, close to surface segment of the K2 structure, aimed at extending mineralization to surface. NFGC-23-1650 intercepted 4.03 g/t Au over 4.35m, 3.23 g/t Au over 9.80m, 1.82 g/t Au over 9.70m and 7.85 g/t Au over 4.75m and is 43m down dip of previously reported interval of 8.69 g/t Au over 12.25m in NFGC-23-1786 (January 31, 2024). Melissa Render, VP of Exploration of New Found, stated: “K2 is an expansive and complex structure with a sizeable associated damage zone. Our growing understanding of this evolving zone has led to better targeting of high-grade domains and allowed us to expand on them and look for new areas that either were overstepped or found outside of the prior drill footprint. Recognizing the significance of the Glenwood Shear Zone has proven to be another important revelation, where K2 seems to have developed between it and the AFZ. This relationship is likely an important one to understand and opens the possibility that the Glenwood, like the AFZ is another conduit for channelling gold bearing fluids. Exploration will continue in the greater K2 area, both looking to extend K2 to depth, in addition to looking below it and adjacent to the Glenwood Shear Zone. Follow-up drilling is also planned on several interesting gold-bearing fault zones that were identified during our reconnaissance grid drilling program completed on the west side of the AFZ.” Queensway 650,000m Drill Program Update The Company is currently undertaking a 650,000m drill program at Queensway and approximately 3,600m of core is currently pending assay results. About New Found Gold Corp. New Found holds a 100% interest in the Queensway Project, located 15km west of Gander, Newfoundland and Labrador, and just 18km from Gander International Airport. The project is intersected by the Trans-Canada Highway and has logging roads crosscutting the project, high voltage electric power lines running through the project area, and easy access to a highly skilled workforce. The Company is currently undertaking a 650,000m drill program at Queensway and is well funded for this program with cash and marketable securities of approximately $53.6 million as of April 2024. |
Posted at 05/2/2024 00:54 by stu31 New Found Intercepts 27.5 g/t Au Over 7m & 8.69 g/t Au Over 12m at K2, Extends High-Grade to SurfaceJanuary 31, 2024 Vancouver, BC, January 31, 2024 – New Found Gold Corp. (“New Found” or the “Company” K2 Highlights: 27.5 g/t Au over 7.00m and 3.39 g/t Au over 9.60m in NFGC-23-1729 and 8.69 g/t Au over 12.25m in NFGC-23-1786 were intersected as part of a program designed to extend a high-grade domain of the K2 structure back to surface and occur between 22-43m from surface, with the reported intercept lengths being close to true width (Figures 1-4). Additional near-surface highlight results from ongoing expansion and definition drilling include 3.48 g/t Au over 25.30m and 22.0 g/t Au over 2.40m in NFGC-23-1783, 6.18 g/t Au over 9.85m and 3.01 g/t Au over 8.35m in NFGC-23-1709, 3.14 g/t Au over 18.45m in NFGC-23-1904, and 19.4 g/t Au over 2.70m in NFGC-23-1993. As demonstrated in the long section below in Figure 4, all intervals occur shallowly above 65m vertical depth and demonstrate strong continuity of gold mineralization across the K2 structure. K2 is a gold mineralized system made up of multiple structures and crosscutting vein orientations that now spans a mineralized footprint of 490m long x 395m wide. The gold mineralization begins at surface and has been drill-defined down to a maximum vertical depth of 250m (Figures 1-4), where it remains open and untested. Much of the gold at K2 is found in the “K2 Main” structure, a low-angle gold-bearing fault zone starting at surface that dips 40° to the south and shares a similar orientation to Keats West. K2 Main is made up of a complex network of associated structures forming a mineralized damage zone that averages 65m in thickness (Figure 3). Today’s highlight intervals in NFGC-23-1729 and NFGC-23-1786 both occur within K2 Main. The mineralization style at K2 consists of a series of stockwork and fault-fill style quartz veins with orientations that parallel K2 Main and crosscut it forming a broad domain of gold mineralized brittle faults. Many of these veins start at surface and additional drilling is required to fully define this network (Figure 3). Melissa Render, VP of Exploration of New Found, stated: “As we continue to expand and target specific areas within the K2 fault network with the drill bit, the results have strengthened and we have identified multiple domains of high-grade gold in addition to broad intersections of gold mineralization. Located 2.2km north of Keats on the west side of the Appleton Fault Zone, K2 and other significant zones such as Keats West and Monte Carlo demonstrate the strong prospectivity of this package of rocks. Characterized by high-grade gold mineralization starting at surface with a shallow dip, this zone is accessible to explore at depth with minimal meters as it remains open and continues to deliver encouraging results.” Queensway 650,000m Drill Program Update The Company is currently undertaking a 650,000m drill program at Queensway and approximately 7,000m of core is currently pending assay results. |
Posted at 24/1/2024 21:08 by elsa7878 But if they are as confident in the future as they say then the share price is still cheap and the forward PE for next year less than 10. If there is top line growth and margin improvement evident in the business the share price could easily be justified well in excess of £10. I think £12 seems realistic. That's only 12.5 x next years earnings.In the meantime a commitment to buy another £10 million by the end of April means buying something like another 17,500 shares a day (assuming the share price is relatively stable). NB They couldn't buy back yesterday as price was 5% above the 5 day moving average. (think that's the rule..). |
Posted at 23/8/2023 18:43 by greenhat2 NFG seems to be filling the gap. The thing is since May the NFG share price has acted as though it's had a profit warning It hasn't It hasn't even mentioned it's experiencing challenges to revenue It says it's expecting revenue to grow And this indicates that they are listening to the major shareholders who've probably asked them to tone down their acquisitions They failed in their T/O of SAA and this was probably a turning ping in their attitude to acquisitions They learned to walk away They've also plotted out increasing divs They've hinted at potential share buy backs So they are indicating that they are confident that they have the free cash flow to do this And by doing this they are reassuring the market that the cash they have is actually theirs and not earmarked for contingent payment set aside to previous acquisitions |
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