Tertiary Minerals Share Discussion Threads

[benchmark] 16/4/2014 13:15

And so much for technical analysis. And the predictions of where the share price would be on the anoouncement of the size of the resource? Failure to understand how markets are driven, and an unwillingness to learn, is at the root.

[metex] 16/4/2014 12:39

Proactiveinvestors - Broker Spotlight:

Tertiary Minerals (LON:TYM) has unveiled what it calls a "substantial" maiden resource for the MB fluorspar project in Nevada.

Cantor Fitzgerald lifted its target price by 2p to 18p, highlighting that Tertiary now has three JORC resource bearing fluorspar projects in low-risk locations: USA, Sweden and Norway.

Northland Capital said the deposit has the potential to be as large as 395-615 mln tonnes at 5-7% CaF2, which would make its "world-class".

[plasticdazza] 16/4/2014 09:53

I like what wasn't said...

[heyho2] 16/4/2014 09:35

"Equities researchers at Cantor Fitzgerald Europe raised their price target on shares of Tertiary Minerals plc (LON:TYM) from GBX 16 ($0.27) to GBX 18 ($0.30) in a research report issued on Wednesday, American Banking News reports. The firm currently has a "buy" rating on the stock. Cantor Fitzgerald Europe's price objective points to a potential upside of 71.92% from the company's current price.Separately, analysts at Beaufort Securities reiterated a "speculative buy" rating on shares of Tertiary Minerals plc in a research note on Monday, March 10th.Shares of Tertiary Minerals plc (LON:TYM) opened at 10.24 on Wednesday. Tertiary Minerals plc has a 52 week low of GBX 4.50 and a 52 week high of GBX 12.75. The stock's 50-day moving average is GBX 10.22 and its 200-day moving average is GBX 8.27."

[metex] 16/4/2014 09:15

wywcu1....thanks for that.

[wywcu1] 16/4/2014 09:03

I see that Beaufort Securities have us down as a Speculative Buy this morning with a target of 24.80p

[atlanticbridge] 16/4/2014 08:36

We need a cluster of rns' to drive this forward. I do hope we see plenty of pr on this massive find

[alex hawk] 16/4/2014 07:59

Here comes the sell off

[nigthepig] 16/4/2014 07:55

Excellent news.

[plasticdazza] 15/4/2014 14:19

You might have that answer sooner than you think ;-)

[atlanticbridge] 15/4/2014 13:55

It's petty cash so where's the real lolly going to come from and when? Please put me out of my misery.

[metex] 15/4/2014 09:15

plasticdazza....maybe....lol.

Or AtlanticBridge`s favourite....another Fluorspar Project?

Something appears to be afoot....DYOR.

[plasticdazza] 15/4/2014 09:03

Legal costs?

[metex] 15/4/2014 08:19

RNS....minimalistic raising at 12p....interesting?

15 April 2014

Draw Down of Funds & Issue of Equity

Tertiary Minerals plc, the AIM traded company building a strategic position in the fluorspar sector, is pleased to announce that it has raised a further GBP178,800 under its GBP10 million Equity Finance Facility ("EFF") with Darwin Strategic Limited ("Darwin").

Under the terms of the EFF the Company has drawn down a net amount of GBP167,178 through the issue of 1,490,000 new ordinary shares of 1p each in the Company (the "New Ordinary Shares") to Darwin at a gross price of 12p per share, conditional on admission of the New Ordinary Shares to trading on AIM.

The draw down is the third undertaken by the Company since the EFF was announced on 18 June 2012.

Application will be made for the admission of the 1,490,000 New Ordinary Shares to trading on AIM ("Admission"). The New Ordinary Shares will rank pari passu in all respects with the existing ordinary shares. It is expected that Admission will occur and that dealings in the New Ordinary Shares will commence on 22 April 2014.

Following Admission, the Company's enlarged issued share capital will comprise 165,456,214 ordinary shares. The Company does not hold any shares in treasury. This figure of 165,456,214 ordinary shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

[plasticdazza] 13/4/2014 19:27

One thing I have dismissed is any JV/partnership with this JORC, however the longer we take to get to JORC the more likely this becomes an option, the JORC itself is not a hard document to put together, all the data is known, it really is just number crunching by people who crunch numbers, if the numbers a bad, so be it, if the numbers are great, so be it, if the numbers are average, so be it...the numbers don't change.....however,

If you have someone looking at the data and building a business case to use the numbers, time scales change, why not release the numbers and decide about your investment in 2 or 3 weeks.....two main reasons, one, it may cost you a dam site more and second, others have the data and might just be willing to pay more for it.....We might just be waiting for something beyond our wildest dreams.

Sorry if I have bored everyone with my ramblings while I wait for Bubba to tee off, all just my thoughts..

[metex] 12/4/2014 09:10

As stated in TYM`s AGM Presentation of the 19th Feb 2014....the Company Strategy is as follows:


To acquire and develop large fluorspar deposits:

Located close to established infrastructure and markets

In stable, democratic and mining friendly jurisdictions


The benefit of such a strategy....is highlighted through these snippets:


Infrastructure deficiencies limit Mongolia's fluorspar supplies



Weak investment fails to exploit Brazil's fluorspar potential

[metex] 11/4/2014 14:46

plasticdazza....absolute classic....lol.

[plasticdazza] 11/4/2014 14:20

All, read todays RNS from Elx, its a classic....

[plasticdazza] 11/4/2014 12:55

I wouldn't be surprised to see buying pressure this afternoon....

[metex] 10/4/2014 16:19

Re: Storuman Fluorspar Project - Sweden.

Looking forward to the announcement soon....of the submission of the Exploitation (Mine) Permit application....which was stated....on Page 13/24 of the TYM AGM Presentation of the 19th Feb 2014....to be Q1/Q2:



Might even be accompanied by an update....on metallurgical testing progress....regarding the Storuman deposit.

These are alongside....TYM`s Target 2014 Milestones....of completing the Storuman PFS....by end of year....and the ongoing preparation and submission....of the Environmental Permit....following the approval of the Exploitation Permit.

Good to see work progressing on project in Sweden...."in parallel"....with the work at the MB Project in Nevada USA.

Follow up work at the MB Project....after the maiden JORC resource estimate....will consist of metallurgical testwork....aimed at producing acidgrade fluorspar....from the drill cores....from recent drilling campaign there....and a Scoping Study....penned in for completion....by end of this year....DYOR.

[atlanticbridge] 10/4/2014 10:54

Metex - lol I still have a wry smile to myself when in the presence of "that" word.

Goldman - I thought the article quite apt :)