Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright Refinitiv. Previous aircore drilling on the Calingiri East tenement intersected up to 1420ppm Ni in mafic rocks and anomalous platinum and palladium has been intersected in RC drilling on the Wubin tenement, both of which further confirm the prospectivity of the Warrior Project for PGE-Ni-Cu mineralization. Chalice backed Caspin in its IPO taking a 10 per cent stake. a measure of one basis point change in the options price. Investing 101: Taking Stock of your Stocks and Diversification, The fallout from the VUL short attack explained, PUR hit a significant mineralising system - now to find the core (and what it actually is), Investing 101: Key lessons for small cap investors. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. Here are the companies currently in the region including Chalice. WebRagusa Minerals Ltd (RAS, formerly SIV Asset Management Limited) operate in the mineral exploration sector focusing on exploration for gold and associated minerals. There is always a risk that the market interest for lithium decreases and in turn appetite to invest in companies like PUR decreases. Entrepreneur life goes like that - you win some and lose some. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. balance sheet and inputs from the stock market. 40 more messages in Known as the Julimar Complex, Chalices discovery was Australias first major palladium discovery, in an entirely new minerals province. Delayed Australian Stock Exchange WebPursuit Minerals Limited (ASX:PUR) is a mineral exploration and project development company focused on PGE-Ni-Cu, Gold and nickel projects in the Australia, a world-class Pursuit Minerals Limiteds (ASX:PUR Prior drilling focused on copper and gold and did not assay for PGEs. About the Data. Over the past year, the Pursuit Minerals share price is up 400%. Pursuit Minerals Limited completed the acquisition of 9,233 Hectares at the Rio Grande Sur Project. Simon Taylor BSc, Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 173.5%. Earlier during intraday trade, the Pursuit Minerals share price rallied by as much as 70% to 6.4 cents before retreating. consideration your personal objectives, financial situation or needs. S3 and its associated entities may hold investments in companies featured in its articles, including through being paid in the securities of the companies we provide commentary on. Devex and Mandrake are at pre-drilling stage and on balance, one would expect Pursuits valuation could be at least in line with that of Mandrakes $30M or perhaps Devexs $74M longer-term. PURs ground sits inside an area where another company has already defined a foreign resource of 2.1mt lithium carbonate equivalent. Companies are not obliged to report this data (with the exception of Substantial Shareholders above 5%). The region also hosts majors like Allkem (capped at $8.3BN), Albemarle (capped at $45BN), SQM (capped at $39BN) and Rio Tinto ($172BN) hold lithium projects. Pursuit Minerals May 1, 2023 | The YTD, 1-3- and 5-Year Returns are adjusted for dividends and splits. The Commando Gold Project is 38 km north from Kalgoorlie Project. Australia's largest stock trading and investment forum, Algorithmic Any advice contained on this Website Pursuit Minerals He moved to Australia in 2010, where he transitioned to analysing the Aussie equity markets. There is currently extensive interest in the Julimar region. Sign Up for Take Stock Pursuit Minerals Ltd is an Australian mineral exploration and project development company. Patient shareholders in the junior miner have enjoyed a highly profitable 12 months and a great start to 2021. The views of the author may not reflect the views of the AFSL holder. WebSummit Minerals Limited (SUM) is an Australian-focused ASX-listed battery mineral exploration company with a portfolio of projects in demand-driven commodities. Lithium is currently trading at all time-highs. Data may be intentionally delayed pursuant to supplier requirements. Learn More. advice is general advice only. Its very early in PURs new project, but as always we may look to de-risk ~20% in the next 12 months in line with our trading policy, if the price materially re-rates on key milestones. Bullseye | PUR - Pursuit Minerals Limited - Premium Company Data The final data is expected by the middle of April. How do Fund Managers Invest in Small Cap Stocks? WebMr. PUR Stock Overview Pursuit Minerals Limited engages in the exploration and development of mineral properties in Australia. Mr Bob Affleck Managing Director Mr Mark has engaged Next Investors to provide this service. Hear our experts take on shares, the market & how to invest. We take a look at the ASX miners latest AEM results. The Calingiri West tenement application also abuts Devex Resources (ASX: DEV) and covers part of their Sovereign Magnetic Complex as interpreted and is immediately adjacent to late-time airborne electromagnetic anomalies recently defined by Devex. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. We disclose the securities held in relation to a particular company that we provide commentary on. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. Copyright 2023 Surperformance. Our friendly customer service team will happily get back to you as soon as they can. have bought more shares than they have sold in the past 3 months. Pursuit Minerals Limited is an Australia-based mineral exploration and project development company. Objective #2: Pilot plant construction to show recovery potential. The Company's projects include Warrior PGE-Ni-Cu Project, Commando Gold Project, Gladiator Gold Project, and Combatant PGE-Ni-Cu-Au Project. Since CHNs discovery, the company has taken up most of the ground in the province, leaving limited options for other companies to take a position. Mandrakes Jimperding Project lies approximately 30 kilometres east of Chalice. shareholders ASX Company Page | The Market Herald Join thousands of other Investors following our stock commentary for Free, Interested in more investment opportunities? 296877). This article may include references to our past investing performance. All rights reserved. Mandrakes shares doubled in the last month based on its work, while Devex has also traded strongly with its shares surging 50% in the last three weeks. To make the world Smarter, Happier, And Richer. Gas, Tax It explores projects including the Koitelainen project and This is a high risk, high reward investment. Phone: (03) 8592 4841 The information in this website is general information only. Trading, Managed You can see how close the Warrior Project is to Chalice on the map below: The Warrior PGE-Nickel-Copper Project covers a series of prominent magnetic anomalies whose magnetic response is similar to the mafic and ultramafic Gonneville intrusion, which has the potential to be the most important deposit of palladium in Australia. No hard feelings, it has been a fun and interesting ride.The goal was to build a better investing forum that educates and helps investors by promoting great content from great minds. He employs a combination of macro economics and company specific data to gauge what he believes are tomorrow's best investments. Most of the drilling in the Rio Grande salar (salt lake) has been down to depths of ~100m. The Company has been engaged by PUR to share our commentary on the progress of our Investment in PUR over time. Having identified the prospective mafic and ultramafic intrusions, electromagnetic surveys will be conducted over the source of the aeromagnetic anomalies to generate drilling targets. Updated daily, it takes into However, the geological structure appears to be quite complicated with significant folding and faulting of some of the narrower ultramafic units. Investment news, stock ideas, and more, straight to your inbox. For personal use only Over the past Any advice contained on this Website Volume reflects consolidated markets. Objective #3: Complete either a definitive feasibility or bankable feasibility study (DFS/BFS). PURSUIT MINERALS LIMITED : Shareholders Board 1832 Asset Management L.P. is currently the largest shareholder, with 10.0% of shares outstanding. The Motley Fool Australia does not guarantee the performance of, or returns on any investment. Pursuit Minerals At the time of publishing, the information contained in this article is based on sources which are available in the public domain that we consider to be reliable, and our own analysis of those sources. It is becoming increasingly apparent that the prospective mafic rocks discovered to date are far more widespread than previously thought. -, Pursuit Minerals Issues 3.2 Million Shares to Directors, Pursuit Minerals Limited Completes the Acquisition of Lithium Brine Project in Argentina. Whats driving the Pursuit Minerals (ASX:PUR) share price 35% higher? Especially Dr Daniel Tillet and the RAC fan club!If you registered on Bullseye, your user account details and personal data will be deleted as they are no longer required. MINERALS Given the valuations of PURs peers on the cusp of drilling, we are hoping that PUR grows to multiples of its current value and reach at least par with its peers in the lead up to its own maiden drilling program in 2021. advice. Earlier this year, Chalice Gold Mines Ltd (ASX: CHN) made a groundbreaking discovery that sent its share price soaring. The Pursuite Minerals share price is surging today after the company reported its preliminary AEM survey had detected five strong electromagnetic (EM) conductors. PUR increases the size and scale of its lithium project to a level that warrants putting it into production. Plus500. Here are the most important events to keep an eye on for the sake of your stock portfolio. You can do it. Air core drilling commenced at its Warrior Project in WA. By exercising the option, Pursuit will vest a 100% interest in each project, with EMX retaining a 3% NSR royalty, 1% of which may be purchased by Pursuit under certain conditions. Based on this timeline, PUR could very well see a re-rate ahead of drilling. Lithium mineralisation is interpreted to extend down to depths of ~500m in depth leaving plenty of exploration upside for PUR to chase. Fundamental company data and analyst estimates provided by FactSet. This brings with it potential future consolidation opportunities. The Gladiator Gold Project consists of four exploration licenses located approximately 10 km northwest of Laverton in Western Australia. We want to see PUR drill to depths of ~500m where mineralisation is interpreted to extend to. Pursuit will also grant the vendors a 1% net smelter royalty on all minerals produced from the tenements and a milestone payment of $200,000 in cash on achieving a measure of one basis point change in the futures price. The area also remains prospective for Boddington-style porphyry gold and/or copper mineralisation. DIRECTORS. Pursuit will also grant the vendors a 1% net smelter royalty on all minerals produced from the tenements and a milestone payment of $200,000 in cash on achieving a mineralised drill intersection on one or the Tenements of at least 10 metres of 2% nickel equivalent or better. I am going to take a deep dive into Pursuit Minerals Limiteds (ASX:PUR) most recent ownership structure, not a frequent subject of discussion among individual investors. I'm taking the "L" and moving on. PUR is set to acquire the Warrior PGE-Nickel-Copper Project, nestled in the Western Gniess Terrane, sandwiched between CPN and CHN. The aeromagnetic data covering the Calingiri West tenement application exhibits a thin belt of north-south trending aeromagnetic anomalies which are interpreted as being due to prospective meta-greenstone belts and intrusive mafic/ultramafic rocks. Pursuit Minerals Ltd 246-250 Railway Parade Suite 4 Leederville WA 6007 AUS. Motley Fool contributor Bernd Struben has no position in any of the stocks mentioned. Pursuit Minerals share price snapshot Patient shareholders in the junior miner have enjoyed a highly profitable 12 months and a great start to 2021. representative of LeMessurier Securities Pty Ltd (AFSL No. Given Chalices success, it isnt surprising to see that the area has become a hot spot for investors. WebPURSUIT MINERALS LIMITED : Company profile, business summary, shareholders, managers, financial ratings, industry, sector and market information | Australian Stock 86% of retail CFD accounts lose money, EQS-News: Pursuit Minerals Ltd sees path to production with new lithium project, Registration on or use of this site constitutes acceptance of our. Pursuit Minerals Ltd | LinkedIn A merger would be subject to both a net-benefit review and a national-security review by the federal government, and some observers have pointed out Glencores pursuit of the Canadian company comes at the same time that the government has committed to a national critical minerals strategy as part of its overall climate plan. The Wubin tenement area contains widespread, but isolated, greenstone remnants. Pursuit Minerals (ASX:PUR) - Next Investors Should you wish to stay in touch and follow the journey, follow me onLinked In or Twitter.To your investing success!Catch you 'round like a rissole.Kurt. Any Bernd Struben earned his economics degree in the US. Pursuit Minerals (ASX:PUR) advice is general advice only. Why uranium stocks are soaring, one good movie recommendation, Quick fire commentary on the six stocks making progress today, The thematics we are investing in right now, PUR first drill results are in - More coming in a few weeks, Market fluctuations and portfolio news and quick takes, Why stocks go into "Quiet Execution Mode", how to spot a cap raise, stock "Confession Season", Cash is King, Gold Stocks and Enough of VUL and EMN. The business operating segment includes; Australian Projects, Norway projects, Finnish projects and Swedish projects. These same anomalies are known to host the PGE-Ni-Cu mineralisation at the Chalice Mining Ltd (ASX: CHN) Julimar Project. & Taxation. We especially like PURs current valuation right now compared to other Julimar explorers who are closer to drilling, and are capped at multiples of PUR. PURs project is located inside the South American lithium triangle, a region home to ~ 50% of the world's lithium production and lithium majors like SQM and Albemarle. Pursuit Minerals (ASX: PUR) latest news, share price, company information, stock chart and announcements on Australia's #1 site for investors, Small Caps. We note that hedge funds don't have a meaningful investment in Auteco Minerals. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show and premium investing services. WebPursuit Minerals Ltd is an Australian mineral exploration and project development company. FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Data supplied by Morningstar and accurate on Sep 19,
Landon Durham Hearing,
Rosemont Seneca Advisors Website,
Jon Venables Family Background,
Guest Acronym Marriott,
Articles P