Primorus Investments Share Discussion Threads

[chrisdgb] 16/6/2020 07:28

nice trade.........

[tmmalik] 16/6/2020 07:17

It's good move to de risk ,still plenty in ggp .

[come on] 16/6/2020 07:05

So they did, wonder what investment they will go into

[chrisdgb] 15/6/2020 10:24

I wonder if they are tepted to sell any GGP...??

[terry508] 14/6/2020 14:20

Greatland Gold (LSE: GGP) has been one of the best-performing stocks on the London market over the past few months.Investor sentiment towards the small-cap mining company has exploded following a series of positive updates from the business. A renewed interest in gold among investors has also lead to improving sentiment towards Greatland Gold.Could be just the start of a much broader rally for the stock as the company continues to push ahead with the development of its flagship mining prospect?Is Greatland Gold undervalued?Greatland Gold owns a handful of mining projects across Australia. The most promising of these appears to be the Patterson Project. This is made up of the Havieron, Black Hills, and Paterson Range East exploration licences in Western Australia.Here, Greatland Gold has partnered with the Australian gold mining giant Newcrest Mining. The $25bn corporation is one of the largest and most experienced gold mining companies in the world. In the first quarter of this year alone, the group produced 519,000 ounces of gold.Newcrest has a farm-in agreement with Greatland Gold at Havieron. It has agreed to help explore and develop the prospect and, in return, a 70% interest in the blocks by spending $65m.So far, the company’s initial exploration activities have been extremely positive. Earlier this week, Greatland Gold published the eighth consecutive set of “truly spectacularâ€? results from Newcrest’s drilling campaign.This string of positive updates puts the mining partnership on track to deliver its first output from the prospect in the second half of 2020. Full production is targeted within two to three years.City analysts have estimated there could be as much as 5.5m ounces of gold at Havieron.Plenty of work to doWhile it looks as if Greatland Gold is making all the right noises, there’s still a lot of work to be done between now and first production. What’s more, small-cap gold miners are notorious for running out of money before they start producing. There’s always going to be a risk in the background that Greatland could succumb to this fate.However, the fact the company has such a large, experienced and deep-pocketed backer is highly encouraging. It removes a lot of the risks involved with investing here.Indeed, considering the quality of the Havieron asset, if Greatland Gold does begin to struggle, Newcrest might decide to buy the whole company.The stock could also have tremendous upside potential if it manages to progress to production. If there are 5.5m ounces of gold at Havieron, this could mean the business is sitting on £7.7bn gold, based on current prices. By comparison, the company’s market capitalisation is only £500m.While there’s no guarantee it will ever be able to generate this kind of income, these ballpark figures suggest the risk-reward ratio of investing in Greatland Gold, as part of a diversified portfolio, seems attractive.

[cwa1] 12/6/2020 08:06

Increase by Rupert Labrum...

[big7ime] 11/6/2020 09:33

“Outstanding results” at Havieron just added another 400k to Prim’s investment.

[big7ime] 11/6/2020 09:09

This has surely got to pop up now, SVE, whose hdg doesn’t form such a high % of mcap is up 14%. Prim’s hdg In Ggp now worth more than total mkt cap here. Bonkers

[daicaprice] 11/6/2020 08:48

660k buys and they drop the bid back to 3.2p even though they are paying 3.5p.

DC

[rental] 11/6/2020 08:31

wow we got some upside to come here

[daicaprice] 11/6/2020 08:27

No brainier here now, a steady rise to 5p is easily achievable just on what we know.

DC

[johncasey] 10/6/2020 13:59

just need alot,alot of friggin patience

[big7ime] 10/6/2020 13:37

PRIM have other assets (Pre-ipo investments) worth 4m at the investment price,
Their GGP investment alone is currently worth Over £4m This implies virtually no value is being attributed to cash and other investments.
Truspine look like listing soon which will add further value. So current discount about 50% to asset value. Crazy but what an opportunity this irregularity presents

[johncasey] 09/6/2020 07:38

THE RE RATE STARTS TODAY

[johncasey] 09/6/2020 07:37

THE RE RATE STARTS TODAY

[vinceelliott] 08/6/2020 21:33

Reasons for re-registration
The main reason why a private company may want to re-register as a public company is to be able to offer its shares to the public.
Once re-registered as a public company, the company may want to seek admission to trading on a stock exchange. It may want to do this for a number of reasons, including:
•
to enable the company to raise finance for its development and growth (both organically and by acquisition)
•
to place a market value on the company
•
to increase the company's profile
•
to create a market for the company's shares
•
to incentivise employees, and
•
to enhance the company's status with its customers and suppliers

[johncasey] 08/6/2020 21:27

within a week say?

[johncasey] 08/6/2020 21:26

so does that mean they will be listed on stockmarket soon after?

[vinceelliott] 08/6/2020 21:01

Extract from Companies House (Truspine)


05 Jun 2020
Appointment of Norman Lott as a secretary on 28 May 2020
This document is being processed and will be available in 5 days.

05 Jun 2020
Re-registration of Memorandum and Articles
This document is being processed and will be available in 5 days.

05 Jun 2020
Balance Sheet
This document is being processed and will be available in 5 days.

05 Jun 2020
Auditor's report
This document is being processed and will be available in 5 days.

05 Jun 2020
Auditor's statement
This document is being processed and will be available in 5 days.

05 Jun 2020
Resolutions
Resolution of re-registration
This document is being processed and will be available in 5 days.

05 Jun 2020
Certificate of re-registration from Private to Public Limited Company
This document is being processed and will be available in 5 days.

05 Jun 2020
Re-registration from a private company to a public company
This document is being processed and will be available in 5 days.

[vinceelliott] 08/6/2020 21:01

Extract from Companies House


05 Jun 2020
Appointment of Norman Lott as a secretary on 28 May 2020
This document is being processed and will be available in 5 days.

05 Jun 2020
Re-registration of Memorandum and Articles
This document is being processed and will be available in 5 days.

05 Jun 2020
Balance Sheet
This document is being processed and will be available in 5 days.

05 Jun 2020
Auditor's report
This document is being processed and will be available in 5 days.

05 Jun 2020
Auditor's statement
This document is being processed and will be available in 5 days.

05 Jun 2020
Resolutions
Resolution of re-registration
This document is being processed and will be available in 5 days.

05 Jun 2020
Certificate of re-registration from Private to Public Limited Company
This document is being processed and will be available in 5 days.

05 Jun 2020
Re-registration from a private company to a public company
This document is being processed and will be available in 5 days.

[johncasey] 08/6/2020 18:08

late biggest buy of the day...full ask 3.6