A fair lot has happened behind the scenes in this still little-known situation where present shares could, in the right circumstances, multi-bag. But the market, if only because such projects are unfamiliar, is still being cautious. For background see our previous blogs from October 2015 onwards. Ncondezi Energy (NCCL) is the first of the four…
Rio Tinto (RIO) shares have come from being bombed out earlier this year to fair value. Any fragmenting of confidence in world economic recovery triggered by Brexit will surely depress the shares again? The time has come to have another butchers at Rio Tinto (Rio) after what Japanese pilots used to call a “Heavenly Wind”…
AIM: SXX Shares in issue: 2,295m Market cap @19p: £436m Back in March I advised not to chase Sirius Minerals, which had spiked on publication of the DFS for its planned potash mine in Yorkshire. As potentially a large, domestic, very long lived and profitable project it will, one day, loom large in the investment…
Progress of one sort or another is being made at all four of the coal to power projects (in Tanzania, Mozambique, and Pakistan) owned by AIM companies that I first described back in the November Magazine. I follow them because with extremely large project costs and investment sums at stake, against the present extremely small…
Practically all miners saw their shares decimated between 2011 and 2015. Avocet, whom I covered last week, was an extreme example. To look at Metminco‘s (MNC) chart with its shares now at 0.25p against 25p in 2011 might suggest the same. But where I think Avocet is a dead duck (an avocet, unfortunately for my…
Avocet Mining AIM:AVM 209m shares in issue Back in 2011 when I was contributing to a mining broker’s newsletter – the only one still publishing as the sector set itself up for the second mother of all slumps in only three years – I twice recommended selling Avocet Mining at over 200p. That was when…
Atlantis Resources – AIM: ARL Market cap £66m @ 62.5p per share Master Investor is planning a series on “The Energy Revolution”. Meanwhile, as a taster, here is an interesting company already well ensconced in what is a significant developing sector of renewable energy, and the only one in its field (where there are some…
As I hope readers realise, I’m not in the business of managing their investments. The ideas I put up are only for there and then. I don’t wield my pen often enough to track them and recommend taking profits (as, luckily, has been mostly the case so far – although cynics will say I’ve been…
469m shares in issue Current mid-price: 7.4p £34.7m market cap When gold showed signs of recovery, the first gold miners I looked at were those with projects not yet funded, and stalled by lack of interest from financiers. Their shares were obviously capable of strong gains if investors believed that funding would now come along.…
AsiaMet Resources (AIM:ARS) Well that was a spike if ever I saw one! And plenty of innocent lambs got skewered. Maybe it’s time for those responsible (an AIM market that doesn’t police misleading information and ‘research’) to get skewered themselves. I said I’d revisit ARS when its long trumpeted (by the CEO) PEA arrived. And…
