Sula Iron Share Discussion Threads

[the stinger] 07/9/2016 17:57

Has anyone seen the presentation on Sula's website today.... have a look at the valuations, eye watering.

[overthebridge] 07/9/2016 15:21

It's gona tick up soon and try breakout imo..can sell 10 million 11.5

[overthebridge] 07/9/2016 15:08

11.5 to sell its getting stronger on the bid again ^^

[overthebridge] 07/9/2016 13:24

Bid is still very strong,a break of 13.4 and this should / could hit .21 fast..

[the crypt] 07/9/2016 09:16

roomb - are yer being weird?

[roomb] 06/9/2016 11:36

Looks like that's coming to pass.

[the crypt] 05/9/2016 16:56

roomb - if you beleive in the holy cheddar - then yes, i predict SULA to rise!!!!

[roomb] 02/9/2016 12:57

You eat cheese don't you Crypt? Do you like it with crackers? Eating cheese will make this share go up, won't it?

[dicko80] 01/9/2016 21:56

What's the message ?

[2seabass] 31/8/2016 16:42

If the JV comes off then I would assume monies will be used to:

Exploration Target, with results received to date verifying the mineralisation potential within areas previously sampled by Sula and which are further supported by the regional magnetic anomaly data previously used to define the mineralised fold belt. The IP survey will provide invaluable information to assist in the next phase of exploration, being a planned large scale drill programme in conjunction with an extension of the IP survey across the wider licence area.

It worth reading the full rns and also take a look at ALO's share price since recent JV which is based at present Jorc of only 247,000 oz. Sula's is presently estimated at between 800,000 and 1.5M albeit not jorc. Plus Sula believes there is potential for a further 4 Kilometre strike.

Fingers crossed that these late stage negotiations come to fruition with a "big boy"

[overthebridge] 30/8/2016 16:58

I wouldn't want to try and buy on jv news!! Worth the risk at £1 million mk before news hits..

[fenseal3] 30/8/2016 16:04

200k paid @ 0.144p, nothing going on ,,,,MMMMMMMMMMMMMMMMMMM!!!!!!!!!!!

[fenseal3] 30/8/2016 16:03

Now zilch!!!!!!!

[dicko80] 30/8/2016 16:03

What you saying ?

[fenseal3] 30/8/2016 16:01

Best price on the phone for 100k 0.15p......GULP!!!!!!!!!

[fenseal3] 30/8/2016 15:52

news coming, JV around the corner!!!!!!!!!!!!!!

[overthebridge] 30/8/2016 12:15

I'm pleased to report that Sula is currently in late stage contractual negotiations with respect to securing a potential joint venture partner to assist with the development of its Ferensola Gold Project, including the provision of additional working capital to Sula. From the last rns additional working capital of this is the case no placing..We are priced at £1 mil mk Jv with working capital this should 10 bag imo

[dicko80] 30/8/2016 10:43

£1m mkt cap vs NAV £6m

All the gold, iron, coltan in for free

There is such a large discrepancy in value the market is given SULA at this time

Any JV/ Sale should change that

[overthebridge] 30/8/2016 10:24

11.65 for 10 million now

[dicko80] 30/8/2016 09:53

Yes it appears we may be finally close to news

[overthebridge] 30/8/2016 09:38

First time I can sell volume!! Offered .11.5 for 10 million shares.. Hurry up nick getting boring now

[europa79] 26/8/2016 11:08

Multibagger ?
Well I suppose if I took my losses I could afford ten 5p carrier bags available at most retail stores!