Share Name Share Symbol Market Type Share ISIN Share Description
Papua Min LSE:PML London Ordinary Share GB00B42TN250 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.025p -2.17% 1.125p 1.10p 1.15p 1.15p 1.125p 1.15p 943,825 09:00:21
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -6.6 -6.5 - 1.71

Papua Min Share Discussion Threads

Showing 501 to 524 of 525 messages
Chat Pages: 21  20  19  18  17  16  15  14  13  12  11  10  Older
DateSubjectAuthorDiscuss
10/1/2018
22:46
I believe the copper is a good asset but they probably feel it will cost a lot to develop and want to start smaller. Maybe I'm completely wrong but I just can't get excited about the gold assets. I think they need to bring in some bonanza grades to get this moving.
zhockey
10/1/2018
16:47
That's what attracted me too quite some while ago but management weren't making any headway, then PJ started picking up shares then THAL entered the scene but that didn't last very long when PJ introduced the current lot and the gold interest. The copper hasn't gone away, I don't know why Soukup/THAL didn't pursue it because that was what attracted him too, perhaps it's not as good as was thought.
paleje
10/1/2018
12:23
I had a close look at PML as I was primarily interested in the Copper assets. The gold prospects I do not see as particularly interesting, as it's low grade they will have to do a huge amount of drilling to prove up a resource and their current cash will not go very far. I assume their strategy is to do enough to to lift the price in order to raise funds, this is fine but based on results like today's I'm not sure it will be enough. In order to get the share price up they would need to do some serious extensional drilling and then infer the resource is contiguous. My gut feel is that they would need several times the current mcap in funding to get any kind of momentum going. As for the deep intersections, I'm not convinced it would be economical to mine those, the grade is fairly low and there appears to be a gap between the shallow and deep ore. This again needs a lot more drilling to prove up. As for the copper, this is where I would focus but it's obviously a lower priority than the gold.
zhockey
10/1/2018
10:52
Funny thing is cash in bank must be close to current mcap:) Not surprised PJ adding, he was buying at over 1.53p in October. January sales.
paleje
10/1/2018
09:21
Can you explain why you think these results are so significant?
zhockey
10/1/2018
09:19
Yes certainly looking interesting after those results. And such a small number of shares.
apfindley
10/1/2018
09:16
I see Johnson is buying more. At this present miniscule valuation there is the potential for a highly geared response to any news that increases the developmental prospects of the projects. Not that many shares out there. DYOR. L.
lenses
10/1/2018
09:13
Excellent drill results. This should be around 5 times today's price
apfindley
10/1/2018
08:50
Now 1.25 to sell Games time
vivgav
10/1/2018
08:43
Early days. Not sure what you mean about KRS not valued much higher, zhockey, their mcap is 8.26m, Papua is 1.9m. I'd say more than 4x bigger is quite a jump.
paleje
10/1/2018
08:43
You can sell at 1.2 so usual MM games going on. Good RNS for starters.
vivgav
10/1/2018
08:34
I am not sure what the hype is all about here, the grades are not exceptional and they probably need to spend $10M on drilling to define any resource of size worth mentioning. Check out KRS who are much further along the process in Pilbara and not valued much higher than PML.
zhockey
10/1/2018
08:31
As usual, queue for the exit on a bit of good news:) Assays still to come as you say gimme.
paleje
10/1/2018
08:19
More results to follow ;-))
gimmetheloot
10/1/2018
08:19
Excellent results
gimmetheloot
10/1/2018
08:13
Papua Mining plc ("Papua" or "the Company") Drilling intersects wide zones of near-surface gold and silver at Lighthouse, Australia Papua Mining (LON: PML), the gold and copper exploration company, is pleased to update shareholders with the initial results from the recent drilling program at its 100%-owned 'Lighthouse Gold Project' in Queensland, Australia. Highlights: · Wide zones of near-surface gold and silver intersected · Hole BPL002 - 22m @ 1.86g/t Au + 22g/t Ag (from 39m downhole) including 12m @ 2.45g/t Au and including 2m @ 8.87g/t Au; · The same hole (BPL002) also intersected 16m @ 10,945ppm Zn (1.1% Zn) from 129m downhole; · Hole BPL003 - 40m @ 3g/t Ag (from 55m downhole); · Hole BPL004 - 10m @ 1.37g/t Au + 12.4g/t Ag (from 129m downhole), including 2m @ 4.43g/t Au. These results occur within a wider, mineralised envelope of 18m @ 1.0g/t Au + 10.5g/t Ag from 119m downhole; · Assay results are still awaited from other holes drilled during November/December 2017. Reverse Circulation drilling undertaken in December 2017 at the Plateau Prospect within the Lighthouse tenement, Queensland has returned wide intercepts of gold and silver mineralisation. Results from the first 4 holes have been received from ALS Laboratories in Townsville. Two RC holes (BPL002 and BPL004) were drilled into the main line of mineralisation with the aim of increasing the depth and strike extension of gold/silver mineralisation which was identified from historical drilling. These holes have confirmed the validity of historical drilling results (from 30 years ago) and have also successfully increased the lateral and vertical extensions to the mineralisation. Two holes (BPL001 and BPL003) were drilled off the line of mineralisation with the aim of definitively testing the east and west margins of a rhyolite dome which were previously thought to be unmineralised. Hole BPL001 intersected another gold lode (2m @ 0.83g/t Au + 9.2g/t Ag from 28m downhole) which now expands the exploration potential on the western side of the rhyolite dome. Hole BPL003 intersected a very broad zone of previously unknown silver (145m @ 1.2g/t Ag) starting at 16m downhole, which includes a strong zone of 40m @ 3.0g/t Ag from 55m downhole. This hole was drilled on the eastern margin of the rhyolite dome which was previously thought to be unmineralised. This provides an exciting new exploration zone to be followed up in further drilling. An image showing a plan of these drilling results, together with historical drilling results is available at the link below; http://www.rns-pdf.londonstockexchange.com/rns/4590B_-2018-1-10.pdf Chief Executive Officer of Papua Mining, David Price commented: "We are delighted with this initial round of drilling which has confirmed that the Plateau Prospect hosts gold grades and mineralisation widths which could potentially meet near-surface, open cut criteria. In addition to this, the initial drilling results highlight the high-grade potential for longer-term, underground mining possibilities (eg. 2m @ 8.87g/t Au in hole BPL002 and 2m @ 4.43g/t Au in hole BPL004). The Pajingo Gold Mine operates less than 20km from Plateau and provides a potentially viable option for future processing. In historical drilling at Plateau, gold has been encountered 500m beneath the levels which are currently being explored. Although our exploration is early-stage, Plateau is showing encouraging signs that further drilling may delineate a potentially large mineralised system."
cpap man
22/12/2017
10:51
......."x54v 21 Dec '17 - 11:30 - 8542 of 8571 Edit 0 0 0 Huge upside then if the move is anything like the one in LION. --- I've posted on loads of other stocks other than PML and many have moved very strongly upwards too since I first posted. Go on. Check them out. All timestamped and there for all to see......." Well, there you go - he's confirmed he's a stinky ramper. Look out for him.
2magpies
21/12/2017
23:03
I researched this company and KRS, KRS seem a much better bet as they are more advanced, well funded and also have exposure to conglomerate gold. I'm not sure why folks are getting so excited about PML when they are drilling so few metres and don't have that much cash. Thoughts?
zhockey
21/12/2017
16:24
Oh but you forgot this one 2magpies. Up well over 100%+ since my post this morning. https://uk.advfn.com/cmn/fbb/thread.php3?id=24433431&from=8542 x54v 21 Dec '17 - 11:30 - 8542 of 8571 Edit 0 0 0 Huge upside then if the move is anything like the one in LION. --- I've posted on loads of other stocks other than PML and many have moved very strongly upwards too since I first posted. Go on. Check them out. All timestamped and there for all to see. You in the meantime have only posted on the one stock PML. Sitting there stewing in your hate and resentment and inability to trade. If you had instead posted many times on different stocks and they had subsequently gone up, then you might be worth others listening to. But you haven't. You're just a sad troll who can't trade. Bitter, envious and only capable of spouting bile at those who are more effective than you. Http://www.lovethispic.com/uploaded_images/250669-Winners-Focus-On-Winning.-Losers-Focus-On-Winners.jpg
x54v
21/12/2017
14:48
I see the idiot ramper has given up here. Just knew that was coming. Always the same. The fool is now ramping WTI Beware the idiot. Had all the hallmarks of a ramper.
2magpies
20/12/2017
16:26
TX lenses - Good luck!
maytrees
20/12/2017
15:58
Hi Maytrees The 3 500ks are mine. Building a position. ATB. L.
lenses
20/12/2017
12:38
Ah I see there is a 125000 shares sale; at a good share price though of 1.318p
maytrees
20/12/2017
12:37
Another 500,000 share purchase. I have also added though rather fewer.
maytrees
Chat Pages: 21  20  19  18  17  16  15  14  13  12  11  10  Older
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