Tengri Share Discussion Threads

[divmad] 31/7/2014 07:20

My head's done in on this one, Swizz. I waited all Spring and Summer for the "rebirth" of Mentum with its much-vaunted backers, and what do we get? A 75% cut from the pre-halted share price and an uncertain main shareholder. What's to like about that?

[swizz] 31/7/2014 07:16

Dm, a fairly simple one, Zero interest at the moment.....GL S

[divmad] 31/7/2014 07:09

So why hasn't the share price rocketed on this news?

[swizz] 31/7/2014 06:58

A raft of news from Robust this morning and more Tengri detail in their quarterly report.....GL S


Links....

[swizz] 30/7/2014 06:06

Could Stanhill and Salim be working together?.....GL S


Matt Chambers - Resources Reporter
Melbourne

"HONG Kong fund Stanhill Capital has rejected suggestions it could be acting with Indonesia's billionaire Salim family in a $61 million bid for Indonesian and Krygyz-focused Robust Resources.
Last week, the Robust board put an announcement to the stock exchange saying shareholders should be aware of its substantial securityholders - the Salim-controlled Droxford International, a smaller holder, Parallax Venture partners, and the Eminent Return Fund, which this month sold a 19.9 per cent stake into Stanhill's bid.
Robust had asked the three shareholders to confirm their voting power under the Corporations Act, the gist of the query being whether they were associated with each other.
Also in the notice was a statement musing on whether some or all of the shareholders could be in cahoots with Stanhill, formerly known as Crosby Capital and no stranger to ASX mining bids, having previously bid for Medusa Mining and Indophil Resources. "It is currently unknown whether these parties are associated with Stanhill, or alternatively, each other," Robust chairman David King said in the July 24 announcement.
Droxford, Parallax and Eminent have not got back to Robust to confirm that their voting stakes are in fact in line with their ownership and separate from each other.
But a Stanhill spokesman said the fund was acting independently. He declined to comment further, leaving any other statements to a soon to be released bidders statement.
Salim Group head Anthoni Salim is also chairman of Hong Kong fund First Pacific, which has made a joint $1.3 billion bid for Goodman Fielder with Singaporean palm giant Wilmar.
The Robust board is holding back on a recommendation on the 31.5c-per-share cash Stanhill bid until after Stanhill releases its bidder's statement. But it says it is opportunistic ahead of a new report incorporating positive drill results from its Romang projects in Indonesia.
Yesterday, Robust shares were unchanged at 29c.
Robust this month backed its three Kyrgyz copper-gold projects into Memtum, a company listed on London's AIM exchange in which it now holds an 87.3 per cent stake. The value of its Memtum stake makes up about 60 per cent of Robust's ASX market value.
The main assets owned by Robust are now exploration targets on Romang Island about 100km northeast of East Timor."

[adrian1monk] 29/7/2014 19:11

Very encouraging.

[lithological heterogeneities] 29/7/2014 18:22

just got in and seen the news.

6.4 g/t Au is a very good grade. 15.3 g/t Au is EXCELLENT in the "Bashkol project located in Tien Shan Gold Belt, host to some of world's largest gold deposits" !

first drill result also pending and a summer exploration programme also now underway.

extremely happy with this news.

way under the radar with a potential huge/World Class find in the making imho.

[006trader] 29/7/2014 09:40

If that is the case, why offer a premium to sell?

[grannyboy] 29/7/2014 09:33

The MM's would've been waiting for an opportunity that todays rns has provided, to bull the share price up and for them to get rid of the shares they've had to hold..

[006trader] 29/7/2014 08:37

17.00 paid!! on small amounts - I think we are long overdue a rally now that the company is up and running and the plan is in place. Cash in the bank to significantly progress the business without the need of a short term cash call.

GLA

[006trader] 29/7/2014 08:27

MM's starting to get things rolling - good tight spread at present with 16.25 on the buy, and offering a premium of 16.1 to sell a reasonable amount.

[006trader] 29/7/2014 08:23

Impressive RNS this morning '' discovery of high grade gold''


Mr Gary Lewis, Executive Director of Tengri Resources commented:

"We are very encouraged by these first assay results from Bashkol as they are a significant early milestone for the Company. The grades intersected confirm that this is an exciting greenfields exploration prospect, with the potential to host significant gold mineralisation.

Is this the beginning......

[swizz] 29/7/2014 07:52

gb, fair point, but you do have to find it first, prove it and then dig it out and with Centerra Gold just down the road, IMHO there could be more to this than just the headline.......GL S

[grannyboy] 29/7/2014 07:45

Same old same...Plenty of miners suddenly finding bonanza grades..OTC..BMZ...ECT..ECT...

Means nothing until they actually start mining and getting that bonanza grade out.....

[swizz] 29/7/2014 07:08

Positive news for the first Bashkol update.....GL S

Link.....





Mr Gary Lewis, Executive Director of Tengri Resources commented:

"We are very encouraged by these first assay results from Bashkol as they are a significant early milestone for the Company. The grades intersected confirm that this is an exciting greenfields exploration prospect, with the potential to host significant gold mineralisation.

"As we have previously reported, it was the Board's intention to provide Tengri with the necessary funding to commence an aggressive exploration program, and the deployment of these funds is clearly delivering some pleasing early exploration success.

"Bashkol is located in one of the most prospective belts of rocks in the world. While it is still early days in our work programme at the project, our team is pleased with these results. We look forward to updating shareholders as further assay and other exploration results become available."

[grannyboy] 26/7/2014 09:47

They might still be holding(Amberson),Most likely because if they did sell it would be at a stonking loss......

[swizz] 25/7/2014 18:44

Cheers ob, so no change in Ambeson's holding post the recent corporate activity......GL S

[oilbuy] 25/7/2014 18:17

Tengri Resources25 July 201425 July 2014Tengri Resources("Tengri" or the "Company')Holding in CompanyTengri was informed by Ambeson Limited on 22 July 2014 that as of 15 July 2014, Ambeson Limited was interested in 1,527,154 ordinary shares of 5 pence each in the Company, held with Brewin Nominee (Channel Islands) Limited, representing 1.42% of the total voting rights of the Company.

[grannyboy] 25/7/2014 15:41

Ho dear...Looks like these are going no where fast, in fact i'l wager they've got further to fall.........

[oilbuy] 24/7/2014 17:14

SwizzThe question is, who will get Robust ?

[swizz] 24/7/2014 06:14

Robust and Stanhill.....game on so to speak.......GL S


Links.....

[adrian1monk] 23/7/2014 16:31

Nice posting swizz, keep up the good work

[swizz] 23/7/2014 14:35

Partly OT - Interesting to note that Centerra Gold have had some success with the Kyrgyz Republic agencies in recent weeks and have received the full approval of their 2014 mining plan, also separately Stans Energy have had some good news recently that the Arbitration Court at the Moscow Chamber of Commerce and Industry has made a "final binding ruling" on its dispute with the Kyrgyz Republic's government,.....IMHO that would appear to be heading towards a negotiated settlement


Perhaps Mentum's/Tengri's timing was not so far out after all?........GL S

Links....

[the stigologist] 23/7/2014 09:15

great chart oilbuy

pmsl

[mr tenbags] 04/5/2014 21:07

First Idea.

Let's see how it goes.

PYC

From the PYC thread


nijo
3 May'14 - 16:09 - 326 of 327 0 0

I'm expecting something big very soon,

Discussions are in progress to sign up a major pharmaceutical company as a partner for Virtual Tumour Clinical development.


We have discussions ongoing with a US based global phama
company which may or may not lead to a substantial new contract for Virtual Tumour
Clinical.