Papua Min Share Discussion Threads

[x54v] 22/10/2017 08:07

"The balance of GBP1,390,000 (before expenses) to be applied to working capital for Papua and its diversified portfolio."



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Plenty of cash after the recent placing.

[zhockey] 21/10/2017 23:19

So how much cash do they have?

[tromso1] 20/10/2017 22:18

On the 2 year chart, the huge increase in volume is even more clear



If as they say, volume precedes price, then the signal here is clear.

The price is going to go up.

[tromso1] 20/10/2017 22:08

Even a slight recovery in the long term chart will yield a multi bagger.

The recent massive ramp up in volume is clear. It's by far the largest it's been in years.

As the saying goes....volume always precedes price.

[x54v] 20/10/2017 15:38

"#PML time to back the message publicly £185k personally invested | Papua Mining Plc: Director/PDMR Shareholding"

[cpap man] 20/10/2017 15:31

Market likes!

[x54v] 20/10/2017 15:15

Nice. Shows confidence.

Onwards and upwards.

[cpap man] 20/10/2017 15:15

Papua Mining plc

Director's dealing

20 October 2017

Papua Mining plc ("Papua" or "the Company") announces that Paul Johnson, a non-executive Director of the Company today purchased 1,000,000 shares in the Company at an average price of 1.38 pence. Mr Johnson, together with his wife, now holds 18,384,565 shares in the Company, representing 5.35 per cent. of the issued share capital.

For further information please visit www.papuamining.com or contact:


Papua Mining plc

David Price, Managing Director
& CEO [phone]

Cenkos Securities plc - Nominated
Adviser and Broker
Derrick Lee / Beth McKiernan [phone]

[x54v] 20/10/2017 10:38

CON continues to fly.

Shows what can happen with a microcap with good news when the buying picks up.

PJ spotted that early, just as he has spotted PML.

PML could well follow a very similar pattern to CON.

Now is a good time to get in before the crowd arrives. Multi-bag potential here.

And the board is aligned with shareholders too with plenty of skin in the game.

[x54v] 19/10/2017 18:06

CON and GGP are very good templates for what could happen here.

PJ was building a large stake in both of those at the lows when nobody else was interested. And look what has happened to the price of both since then. They've absolutely rocketed.

He clearly sees the same potential at PML and so has built up a 5%+ holding.



Given time PML could well make a similar large % rise. It's got a very small market cap and is exposed to gold, copper and zinc, all of which are seeing interest build over recent months.

[x54v] 19/10/2017 11:56

CEO Interview on Proactive - Papua Mining very active in cracking on with exploration in Queensland

[x54v] 18/10/2017 17:46

Follow the money...

"What we also particularly like is the significant investment made by both existing directors and new incoming directors in the placing totalling £267.9K, with existing directors investing £149.5K and the remaining £118.4K invested by the new directors. This shows a very strong alignment of interest with investors and monetary vote of confidence in the new strategy ahead."

[x54v] 18/10/2017 17:15

Good to see so much skin in the game.

The directors hold 32.25% of the company between them. A signficant chunk.

They are certainly incentivised to move the share price upwards.

[x54v] 18/10/2017 15:34

Paul Johnson has built up a £170k position in PML.



If it moves anything like the positions he built in GGP and CON then there could be some very serious upside from here.

The best time to get in is early before the excitement builds and wait for the herd to come.

[cpap man] 16/10/2017 10:55

Full copy of the FEL note available on Tw*tt*r as well as other places such as the CR & UPS threads here at ADVFN

[cpap man] 16/10/2017 09:25

BROKER BUY NOTE out this morning from FEL



FEL Morning Comment - Papua Mining (PML.L) - 'Buy'



NEW PAPUA EMERGES....



COMMENT & RECOMMENDATION

The BGM deal significantly transforms PML’s asset base, revitalising it with new exploration projects within the prolific mining district of North Queensland. All three new projects hold potential to be fast-tracked towards resource definition, given previous historic workings, previous drilling and close-proximity to existing deposits and operating mines.

The Lighthouse project for example lies in a region that has produced over 20 million ounces of gold. The licence boundaries are within 10 miles of two mines (Mt Leyshon & Pajingo), where over 5 million ounces of gold have been mined to date. Another project of note is Copperhead, located on an undeveloped large-scale porphyry copper system, that previously had an old pre-JORC resource of 35 million tonnes at 0.16% copper defined in 1972. Follow-up sampling of the drill core in 1989 showed an improved copper grade and established that the mineralisation is open in all directions.

Moreover, the new properties are in a more accessible region for development than the topographically-challenged project areas in Papua New Guinea, which has restricted PML's operational advancement.


What we also particularly like is the significant investment made by both existing directors and new incoming directors in the placing totalling £267.9K, with existing directors investing £149.5K and the remaining £118.4K invested by the new directors. This shows a very strong alignment of interest with investors and monetary vote of confidence in the new strategy ahead.

Given the clearing of what may have represented a significant overhang of stock from Thalassa Holdings, new additional management and injection of projects with opportunities to be fast tracked towards the important stage of JORC definition, First Equity Limited recommend Papua Mining Ltd as a ‘Buy’.

[cpap man] 13/10/2017 13:17

You obviously know jack....

[cpap man] 13/10/2017 11:36

Rubbish twcd - have you never heard of forward selling?

[cpap man] 13/10/2017 10:05

PML ditto my last post for today [so far]