Tracking

Thursday 1 March 2012

A Day of RNS

Yesterday my inbox was assaulted by RNS!!
The first one of interest was from Berkeley Mineral Resources PLC. This should have been a JORC RNS as Masoud Alikhani said that a JORC on Kabwe would be issued by end of Feb! It wasn't!!!!!!!!!! Instead, all we got was more jam tomorrow tosh! The slimes are supposed to be sold in Q1 but I am almost certain that there is no way they will be sold in Q1 and if that is the case then more fairy stories from Mr Alikhani!

The next one was from Tristar Resources and was interesting! They reckon that there is sufficient evidence of antimony to be able to continue to a Bankable Feasibility Study for a roaster in UAR. Whilst this is good news in itself; it means that when a JORC RNS is released then it should be good.


Next was and interim financial statement for Victoria Oil and Gas (VOG) and they main points here were post period developments. For me the key statement was "I believe that 2012 will be a year of major developments for the Company as we make the transition from explorer to producer and generate positive cash flows." so maybe 2012 will see VOG get into double figure on its sp


I also had RNS from Red Rock Resources and Alternative Energy Ltd, both dealing with equity. The RRR one immediately depressed the sp!!
So could be some interesting times in the next few months but it is all going a little too slowly for me!

No comments:

Post a Comment