We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for real-time alerts, custom portfolio, and market movers
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Summit Ger | SGL | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 0.215 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.215 | 0.215 |
| Top Posts |
|---|
Posted at 21/4/2009 06:05 by jpmorgan There are two options from understanding:(1) Hold on as private shareholder unless the offer becomes mandatory (above 90%) with limited marketability of the shares, and lack of corporate governance/visabilit (2) Sell up in the market or take the cash offer. If I trusted the management, and also had deep enough pockets and did not to need the cash at all I would choose option 1. Because do not trust the management to look after interests, I will probably take the cash and reinvest the capital elsewhere. If SGL provided the option to remain listed or clear trading facility of share going forward, while still giving Zohar Levy control via tender offer for shareholders who wished to exit, that would have been a fairer treatment of shareholders. |
Posted at 17/4/2009 09:55 by jpmorgan As previously posted, very dissapointed with the non-executive director of SGL.With solid NAV of 60p+ and cash in the bank, and income clearly exceeding costs by a major factor for several years before refinancing required. Finance markets stable to improving. Zohar Levy is getting a bargain. Will make a note of Mr Lambs involvement and not be involved in investing in any company he is associated with again. |
Posted at 29/12/2008 09:21 by ydderf if you are going to buy a German property aim co, this seems the best of the bunch, there is cash and therefore the means to reduce gearing if covenants are at risk, as well as the option of selling properties, looks like they could still pay a divi too......but who can tell in these markets 16 cents is compelling though, i haven't seen deterioration in the commercial values as in the uk |
Posted at 10/4/2008 21:46 by jpmorgan Lochgarman,As you say it is quite rational for zohar levy to take advantage of situation. Clever move to purchase just before the dividend is paid, as yield on purchase price alone means getting assets for less than 50% of NAV of assets alone on this purchase! As Benj Graham says, "in the short term the stock market is a voting machine, and in the long term it is a weighing machine". JPM. |
Posted at 01/4/2008 03:30 by cnx increase of 10% in interim dividend |
Posted at 07/6/2007 08:43 by blott LBO - you've posted a lot of information on SGL - I'd be interested to know your own thoughts on it's prospectsrichandjanet - you can buy through barclays stockbrockers |
Posted at 21/9/2005 12:39 by philbro Masurenguy (3 of 4) - Just noticed, could lack of posts for this stock be down to INCORRECT EPIC displayed (should be SLG not SGL) ??? Are you in this stock ?Still rising nicely this week so far. |
Posted at 23/6/2005 19:18 by energyi DECENT RESULTSToronto, Canada Scandinavian Gold Limited (TSX: SGL) is pleased to announce results from the May, 2005 diamond drill program at its 100%-owned Keivitsa nickel-copper-PGE property in northern Finland. The program comprised four holes totalling 705 metres. The main purpose of the drilling was to obtain additional sample material for metallurgical testing. Drill data will also be used in resource calculations for the higher-grade part of the Keivitsa orebody, which hosts grades in excess of 50% higher than the probable reserve. The main orebody comprises a probable reserve of 120 million tonnes contained within an indicated resource of 150 million tonnes, together with a further 315 million tonnes inferred resource. The resource estimate for this higher-grade zone is expected to be complete in the third quarter of 2005. Higher-grade zone (eastern): From To Length Ni Cu Co Pt Pd Au PGE + Au Hole metres metres metres % % % g/t g/t g/t g/t Pt : Pd KV-22 36 80 44 0.28 0.57 0.014 0.19 0.11 0.16 0.46 1.73 KV-22 108 140 32 0.35 0.62 0.017 0.30 0.18 0.20 0.68 1.66 KV-23 2.7 210 207 0.30 0.48 0.014 0.33 0.18 0.15 0.66 1.81 KV-24 3.5 20 17 0.34 0.21 0.011 0.50 0.42 0.11 1.03 1.20 KV-24 76 200 124 0.36 0.52 0.017 0.31 0.20 0.19 0.70 1.52 Higher-grade zone (western): From To Length Ni Cu Co Pt Pd Au PGE + Au Hole metres metres metres % % % g/t g/t g/t g/t Pt : Pd KV-25 21 105 84 0.38 0.42 0.018 0.47 0.34 0.20 1.01 1.38 Using drill core from the above program, the Company has embarked on a mini-pilot run to follow up on the successful recent bench tests designed to produce separate nickel and copper concentrates suitable for sale to smelters. Results of this mini-pilot program are expected at the end of August 2005. The Company is also planning a new Pre-Feasibility Study based on open-pit mining of between 2 and 4 million tons of ore per year, with production of separate nickel and copper concentrates for sale to smelters. This study is scheduled to begin in August and to be completed by early 2006. |
Posted at 14/9/2004 19:09 by energyi UPDATE ... TSX: SGL / September 14, 2004 Scandinavian Gold Limited Provides Project Update Metallurgical testing, scoping study on Keivitsa deposit on schedule for October completion Toronto, Canada - Scandinavian Gold Limited (TSX: SGL) is pleased to provide an update of exploration and development activities on its Keivitsa, Tepsa and Vuotso projects, all located in northern Finland. Keivitsa: nickel-copper-PGE One of the largest mineral discoveries in Finland's history, Keivitsa hosts a probable reserve of 120 million tonnes within an indicated resource of 150 million tonnes and an inferred resource of 315 million tonnes. SRK Consulting has completed a positive pre-feasibility study on a 15 million tonne per year open pit mining operation. In conjunction with this large-scale mining scenario, metallurgical testing to determine whether a smeltable concentrate can be produced from the main Keivitsa orebody has been underway since June. Tests are being conducted at the metallurgical research centre of the Geological Survey of Finland. Testing is continuing on schedule, and results are expected in late October. The Company also continues to evaluate a smaller scale mining operation focused on higher grade nickel-PGE pipes discovered at the centre of the Keivitsa deposit. In July, 2004 the Geological Survey of Finland completed metallurgical tests which indicated that a smeltable sulphide concentrate can be produced from this ore type using conventional flotation methods. Following these results, the Company requested the Geological Survey of Finland to conduct a Scoping Study to examine the economics of mining the nickel-PGE pipes as a stand-alone operation. The company expects the Study to be completed ahead of schedule in October. Tepsa: copper-gold An eight-hole, 1,500 metre drill program has been completed on the Company's Tepsa project to test the presence of massive sulphides. Tepsa hosts a strong copper-gold geochemical anomaly, and the drilling follows up on basal till sampling completed earlier this year. The basal till sampling program confirmed the presence of a gossan zone estimated to subcrop over an area approximately one kilometre long by up to 300 metres wide. Drill core is currently being assayed by the laboratory of the Geological Survey of Finland and results are expected by early October. Vuotso: gold The Vuotso gold property, situated in northern Finland, covers 27 square kilometres of claim reservations staked by the Company earlier this year. Past work indicates that Vuotso hosts an extensive gold geochemical anomaly that is strongly aligned with a well-defined geophysical anomaly. A program of basal till sampling and ground geophysics is scheduled to begin in November, or as soon as the ground is frozen. "We are on schedule and continue to make good progress with the programs on all of our projects," said Scandinavian Gold CEO Peter Walker. "Perhaps most significant in the near term is the work we are doing to advance two potential production scenarios at Keivitsa. Having the results of both the metallurgical testing and the scoping study in hand by the fourth quarter will provide a clear indication of our next steps toward a production decision." |
Posted at 25/6/2004 07:49 by energyi Market Cap: C$11 Million = 11 mn shs x C$1.00 (with C$3mn Cash)IPO financing was done at C$1.50 (=Mkt.Cap pf C$17mn) and in the hot nickel market of the time, the price moved up above C$2.00 About Scandinavian Gold Scandinavian Gold is a Canadian company exploring for precious and base metals in Scandinavia, with emphasis on Finland. Scandinavian is currently developing one of Finland's largest mineral discoveries to date, 1. Keivitsa: nickel/copper/PGM project (100% owned), and exploring 2. Tepsa copper/gold (100%) and 3. Tarpomapaa gold properties, also in northern Finland. The Company believes that Finland offers excellent potential for large-scale discoveries in under-explored terrain; combined with a favorable, well-administered mining law, clear security of title and long-established political and economic stability. Scandinavian Gold's 11.3 million common shares trade on the Toronto Stock Exchange under the symbol SGL. SOURCE: Scandinavian Gold Limited = = = = = LINKS: Website.........: SGL on StkHse...: NICKel thread...: |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
