ALL THE NEWS
Fund Raising across the Boards
/in Uncategorized /by Wally GrahamTHE FUND RAISER: Some renewed vigour provided a bit of spark to the Fund Raising front this week. Placement to raise $6 million Anatolia Energy (ASX: AEK) has received commitments to raise $6 million through the issue of up to 75 million shares at 8 cents each, with 1 for 2 attaching options exercisable at […]
What Does an Analyst Do?
/in Uncategorized /by Wally GrahamGUEST CONTRIBUTOR: Breakaway Research analyst Mark Gordon continues his explanation of how his company analyses the market by telling us how they go about selecting, and then writing up a company. This week we follow up from last week where we discussed bias (or lack of it) in commissioned research, and presented the case that […]
Metallica JV gets FIRB nod
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Metallica Minerals (ASX: MLM) has received Foreign Investment Review Board (FIRB) approval for the Cape York heavy mineral sands (HMS) and bauxite Joint Venture. The Joint Venture is between Oresome Australia Pty Ltd, a wholly-owned subsidiary of Metallica, and Ozore Resources, which is wholly-owned by a Chinese investor. Under the JV, Ozore […]
Mutiny hits new gold vein at Deflector
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Recent diamond drilling carried out by Mutiny Gold (ASX: MYG) has identified a new shallow high-grade vein 300 metres from the existing resource at the company’s Deflector gold, copper, silver project in the Murchison region of Western Australia. The drilling has returned: 3.08 metres at 9.9 grams per tonne gold, 7.5 per […]
LNGL finalises Bear Head acquisition
/in Uncategorized /by Wally GrahamTHE ROADHOUSE BOWSER: Liquefied Natural Gas Limited (ASX: LNG) has finalised the acquisition of 100 per cent of Bear Head LNG Corporation (BHLC). The acquisition follows the company’s announcement in July regarding the signing of an agreement to acquire BHLC from a subsidiary of Anadarko Petroleum Corporation for US$11 million. LNG said acquiring BHLC is […]
MGT scores good tin hits at Summer Hill
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: MGT Resources (ASX: MGS) has received the remaining assay results from Phase One of the company’s 2014 Summer Hills drilling program. The company claims the latest results confirm the Summer Hill prospect to be highly-prospective with broad mineralised zones, including 15 metres at 0.79 per cent tin, as well as narrower high-grade […]
Centaurus on track for Candonga Resource update
/in The Drill Sergeant /by Wally GrahamTHE DRILL SERGEANT: Centaurus Metals (ASX: CTM) has reported further high-grade results from the second batch of assays received from recent diamond drilling at the company’s 100 per cent-owned Candonga iron ore project in south-east Brazil. Centaurus said the results are to be incorporated into the impending JORC 2012-compliant Mineral Resource update for the project. […]
Jacka reports initial oil Reserves
/in Uncategorized /by Wally GrahamTHE ROADHOUSE BOWSER: Jacka Resources (ASX: JKA) has announced the initial booking of oil reserves attributable to its interests in the Aje Field, OML113 in Nigeria. Jacka’s interests are held by its wholly-owned subsidiary PR Oil & Gas (Nigeria) Limited (PROG). An independent Competent Persons’ Report on the Aje Field has recently been completed on […]
Cardinal continues gold run at Namdini
/in Uncategorized /by Wally GrahamTHE DRILL SERGEANT: Cardinal Resources (ASX: CDV) said it has received further encouraging results from part of the Phase II RC drilling program at the Namdini gold bearing mining license located within the company’s Bolgatanga project in Ghana. Namdini proximity map. Source: Company announcement “We are very pleased that Cardinal has now completed […]
Musgrave wins Southern Gawler Craton tenement ballot
/in The Bourse Whisperer /by Wally GrahamTHE BOURSE WHISPERER: Musgrave Minerals (ASX: MGV) has emerged victorious from a South Australian Department of State Development ballot for the Southern Gawler Craton tenement EL 2014/00092 in South Australia. The tenement is now known as the Corunna project. Musgrave beat off five other applicants to win the tenement, which covers approximately 260 square kilometres […]