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PML Papua Min

0.825
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
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
  0.00 0.00% 0.825 0.80 0.85 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Papua Min Share Discussion Threads

Showing 176 to 200 of 575 messages
Chat Pages: Latest  11  10  9  8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
03/11/2017
09:05
"#PML - Should start to see this breakout above that 1.55p/1.6p area and head for 2p"
x54v
03/11/2017
08:56
A few more dip buyers taking advantage.

PJ can certainly put the cat amongst the pigeons when he shows an interest. Just look at what has happened at THR recently.

Great chance to get on at the bottom of the rise here and not have to chase the inevitable spike.

x54v
03/11/2017
08:55
Quite an important difference....makes you wonder who oversees these RNS's.
errollc
03/11/2017
08:46
Corrected RNS just issued.

"Papua Mining plc ("Papua" or "the Company") announces that on 2 November 2017
Paul Johnson, a non-executive Director of the Company purchased 250,000 shares
in the Company at a price of 1.40 pence each and a further 250,000 shares in
the Company at a price of 1.45 pence each."

x54v
03/11/2017
08:46
Placee flippers perhaps.

Provides a continued opportunity for the savvy to buy in on the cheap though ;-)

x54v
03/11/2017
08:25
So where is all the selling pressure coming from?
zhockey
03/11/2017
07:33
PJ certainly showing where he thinks the share price is going.

£100k invested in the placing, 3 additional recent RNSed purchases in the market since the placing and a current shareholding with a value of £261k.

£261k is a significant amount to invest in a micro cap and a very confident statement indeed.

x54v
03/11/2017
07:25
PJ is busy building stakes in this one and THR
jungmana
03/11/2017
07:23
Mistake there. Imo should be 1.40p and 1.45p
jungmana
03/11/2017
07:22
Typo probably. There were 250k purchases at the 1.4 and 1.45 levels so most likely them.
x54v
03/11/2017
07:10
2.40p and 2.45p?
semper vigilans
03/11/2017
07:08
RNS OUT



Papua Mining plc

Director's dealing

Papua Mining plc ("Papua" or "the Company") announces that on 2 November 2017 Paul Johnson, a non-executive Director of the Company purchased 250,000 shares in the Company at a price of 2.40 pence each and a further 250,000 shares in the Company at a price of 2.45 pence each. Mr Johnson, together with his wife, now holds 19,384,565 shares in the Company, representing 5.65 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

+61 401 469 070





Cenkos Securities plc - Nominated Adviser and Broker



Derrick Lee / Beth McKiernan

+44 131 220 6939

cpap man
02/11/2017
14:40
"#PML - with world class copper and gold I'm looking for 2p starters - last RNS has gold at surface - 600mtrs+ deep !"
x54v
02/11/2017
14:14
Plenty of newsflow to come in the near term at PML with many catalysts and significant upside potential.

---

Papua Mining plc (LON: PML) - what to expect

- RC drilling at Plateau Prospect, Lighthouse
- RC drilling at Double Event Prospect, Lighthouse
- RC drilling at Lower Lighthouse Prospect, Lighthouse
- Induced Polarisation survey at One Mile Mountain Prospect, Marengo
- X-Ray Flouresence (XRF) survey at One Mile Mountain Prospect, Marengo
- Induced Polarisation survey at Julivon Creek Prospect, Copperhead
- X-Ray Flouresence (XRF) survey at Julivon Creek Prospect, Copperhead
- Alteration Study at Tripela Prospect, Papua New Guinea

x54v
02/11/2017
12:47
The herd will arrive here no doubt when the price is flying like THR.

In the meantime, a great opportunity to pick up stock on the cheap.

The profit margin is so much greater when you buy the dips instead of chasing the spikes.

x54v
02/11/2017
10:40
Delayed 1 million buy.

1.425p paid, above the offer at 9:33am.

PJ topping up again?

Wouldn't blame him at these prices.

x54v
01/11/2017
20:00
PML continues to offer a great opportunity for investment at these levels. It's easier to build a decent sized position at the lows whilst short termers sell due to boredom. Building a position at lows and holding as the story unfolds and the share price rises is certainly a more profitable strategy than chasing spikes.

So what makes PML shares a good investment?

Cashed up - the company has £1.39 million cash after the recent fund raising. This is a sizeable war chest which can be used to create value and drive a much higher share price.

Skin in the game - the directors own 28.6% of PML. Most recently they invested £267.9k in the placing. That really is a significant sum to invest in such a small company. Their fortunes are closely aligned with those of the shareholders and as such they are financially motivated to drive the share price upwards. By investing such a large amount in the company they have also shown a real vote of confidence in the new strategy.

Paul Johnson - a key investor and director. He has shown the Midas touch with the likes of CON and GGP which have multi-bagged in a short period and where he built up positions at lows. More recently THR (where he is also a director and shareholder) has started to move up rapidly on significant volume. PJ has built up a 5.5% stake in PML and will help engineer a rising share price by attracting a wider audience and helping influence the board.

Assets - PML has world-class gold and copper assets in Australia and Papua New Guinea. The recent acquisition significantly transformed PML's asset base and all 3 projects hold the potential to be fast-tracked.

Newsflow / potential catalysts - plenty of near term newsflow is likely starting with ground exploration at the Lighthouse Project where there is the potential for a mineralised gold system in an area with excellent historical drilling results.

Low market cap - PML is a sub £5m micro-cap. With such a low capitalisation it doesn't take that much in the way of good news to multiply the share price several times over. With good newsflow, there is the possibility of a multi-bagger here.

Chart - the price has been basing sideways for several months now. Sideways bases can often act as the precursor to a significant and sustained rise when price breaks above the top of the base e.g. see the 2 year charts of BMN, IQE, GAW, GGP, ZOO etc.

x54v
01/11/2017
16:59
Krs are already there, take a look.
zhockey
01/11/2017
06:49
PML is now awash with cash - £1.39 million left over after the recent acquisition.



Quite the war chest.

I wonder if the company has considered a potential Pilbara acquisition. With PJ on the board it's certainly a possibility.

He's also on the boards of MNRG and THR, and both of these have shown an interest in Pilbara, with THR today announcing that it is considering a low cost acquisition in the area.

With PML awash with cash and PJ aware of the excitement in the region, Pilbara exposure would certainly be a positive and would complement existing PML operations:

-----

"Are we on the verge of another WA gold rush?

Thousands of punters have backed a handful of mining companies whose stocks have recently skyrocketed on the back of good news from the Pilbara."

x54v
30/10/2017
13:53
Volume rising again today.

I imagine the volume will really increase significantly with price breaking above the 1.75p mark and the top of the low base.

x54v
30/10/2017
08:40
Gold commencing from the surface too. Great stuff!

"Deepest down-hole intersection of gold so far is 685 metres below surface, which the Company believes indicates potential for a mineralised gold system commencing at surface and extending to substantial depths"

"Having near-surface gold and a single deep drill hole which has intersected gold more than half a kilometre below surface is a unique opportunity for Papua."

x54v
30/10/2017
08:32
Yes, looks good. And with positive historical results, there could be some nice surprises down the line.

Should be the start of a stream of newsflow from here.

Once the placing flippers are cleared then price will move upwards much more freely I'd think.

x54v
30/10/2017
08:25
Looking good very good!
cpap man
30/10/2017
08:21
Papua Mining plc

("Papua" or "the Company")

Lighthouse Gold Project Update



Papua Mining (LON: PML), the gold and copper exploration company, is pleased to provide shareholders with an update on its recently-acquired and 100% owned Lighthouse Gold Project (the "Lighthouse Project") in Queensland, Australia.



Highlights:

· The Company is currently undertaking a review of historical drilling in preparation for ground exploration at the Lighthouse Project;



· This on-going review highlights gold and silver mineralisation near surface and at considerable depth at the Plateau Prospect;



· Deepest down-hole intersection of gold so far is 685 metres below surface, which the Company believes indicates potential for a mineralised gold system commencing at surface and extending to substantial depths;



· Reverse circulation drilling programme is planned to test the near-surface, potentially exploitable extent of the mineralised gold system;



· Statutory landowner access agreements are being sought to enable a drilling programme to be undertaken and site work is being planned to prepare drill sites.





Chief Executive Officer of Papua Mining, David Price commented: "The Lighthouse Project provides the Company with an outstanding opportunity to capitalise on excellent historical drilling results.

Having near-surface gold and a single deep drill hole which has intersected gold more than half a kilometre below surface is a unique opportunity for Papua.

The Company is undertaking an on-going review of all historical data to target the upper zones of the gold prospect initially, where multiple, quality intersections of gold and silver have been encountered within the top 80 metres. Papua is targeting a Maiden Ore Resource to comply with the guidelines of the JORC Code for Reporting of Mineral Resources."

cpap man
30/10/2017
08:07
RNS just out:
x54v
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