#SKA@Shukaminerals_
Unloved at mcap of £3.6m but with an in situ value in the BILLIONS
Zinc futures in the UK rose to $3,400 per tonne in January, the HIGHEST in 3 years, and aligned with the bullish momentum for base metals due to concerns of tight supply.
BUY
"Shuka... reaffirms the project’s Phase 1 development pre-tax cash flow expectation of $1.84-billion, net present value $561m".
Current SP, 4.35p (£5.2m Mcap).
Rather undervalued!
@Shukaminerals_@JB_MiningAfrica#SKA
https://t.co/wRkDh6Jw2r
⚒ Rukwa Project Update
The company estimates a phased restart of activities at the mine based on recent site visits and up-to-date plant capabilities.
Watch Here ➡ https://t.co/6GYCiW3I3B
#SKA@JSE_Group#Mining
1️⃣ Structured EUR 6 Million Non-Recourse Loan
✅ This had been lead-arranged by Redstone Partners Limited and administered by Weben Global Partners (Pty) Limited
✅ The Company has commenced the drawdown process and a further announcement will be made in due course upon.
#MARU
#SKA big week for @Shukaminerals_ investors.
1. Expensive Directors leaving on 30 November.
2. New Directors to be appointed with investors’ interests at heart.
3. Kabwe #zinc#lead#silver mine acquisition.
4. In situ value $2 billion. Shuka mcap £4.6m.
5. GMI Loan finance.
Met with our advisors last week in London and was confirmed that currently no trading restrictions on directors or key management.
Expect to see an update out on significant purchases by @GM_InvestAfrica.
Always said I'd be buying when permitted.
@MarulaPlc#MARU#DirectorBuys
#UMR@UnicornM_Plc
Mcap under £3m. NEVER, yes REALLY. BUY whilst you can.
AGM Report - currently focusing our due diligence on a copper prospect in Namibia
https://t.co/gUAgIcxe1B
>$17b uranium and gold asset
£20m mcap at 1.5p sp
$500M funding incoming to bring to production
#uranium mkt tightening
only primary listed uranium mine dev co in London offering DIRECT exposure to uranium sector
thats's it, that's the tweet
#NEO
https://t.co/EPnTnvm9EH
ASX #uranium stocks rally on news of uranium market tightening
#NEO is the only primary listed uranium mine dev co in London offering DIRECT exposure to the sector with one of the MOST ADVANCED, HIGH GRADE uranium assets capable of near term production
Perhaps rather unusually in @NeoEnergyMetals we have another three companies attached to the story. This is because #NEO, @UnicornM_Plc#UMR, @Shukaminerals_#SKA & @MarulaPlc #MARU effectively come as a package. They have the common denominators of @JB_MiningAfrica & @Qvanderburgh of Q Global Commodities.
This is significant for two main reasons. The first is that as most of us know to our cost, funding is the decisive factor in a company’s success or failure in a bear market.
The second is the strength of the management. Given that Q Global Commodities is a company with $60bn of JORC assets, possible access to this sorts out the funding aspect for #NEO, #UMR, #SKA and #MARU.
As far as management is concerned, JB has proven himself to be one of the most proactive on the UK market in the recent past, getting on with the job, and delivering appropriate newsflow regularly. If you add the expertise of billionaire entrepreneur QVB, we have four companies with an unbeatable foundation for 2024. @ZaksTradersCafe
Just wrapped up with Quinton!
Power issues in Jo-burg cut our time short, but we covered most questions. He shared a solid update on #neo & #maru
Shuka will be discussed in the next 2 weeks, and expect to see more of van der Burgh as the fund finalizes and things pick up
Research and valuation report released on Neo Energy Metals.
✅ BUY
✅ 20P share valuation
✅ +US$800 million valuation
✅ growth strategy
✅ complementary uranium acquisitions
✅more upside to come
@NeoEnergyMetals #NEO#Uranium@FirstEquityLtd