Jump to content

BLK


ShareCafe

Recommended Posts

MME you really ARE talking to yourself, just like I am doing pretty much on my goldie threads.....I think the long bear market since 2011 burnt out most bugs, pity as the gains have been incredible just mean reverting let alone now a bull market re-establishing itself.

 

Just the last month NST and SLR my main shares in normally the worst month of the year have gained 21%, and this on top of multiple lots of gains from last October - SLR has quadrupled, NST has increased 130% and First Majestic my Canadian silver major has almost quintrupled yet there is virtually no-one here discussing this exciting time!.....

 

I must admit I am still 15% in cash, have been left behind but will deploy on a decent pullback whenever that may be. The problem is the pullbacks have been so shallow I've had to chase stuff to re-enter, and now everything looks so high I don't want to pull the trigger.

Link to comment
Share on other sites

  • 1 month later...
  • Replies 34
  • Created
  • Last Reply

Top Posters In This Topic

Yes it's done really well this year, a 5-bagger in 2016.

 

Actually a number of gold juniors are up several hundred percent this year, it's a very exciting time for sure. it seems there are not many enjoying these stellar gains though, or if they are they're not on this forum.

 

I see the ASX gold sector is down nearly 5% today, no reason I can see, as POG in AUD is still $1750.

Link to comment
Share on other sites

  • 1 month later...
  • 7 months later...
Shares in Blackham Resources fell further today after the gold miner again lowered its full-year production guidance, citing the impact of wet weather at its Matilda gold project near Wiluna.

 

Blackham's March quarter report released on Friday revealed full-year production was expected to come in at 40,000-45,000oz, down from a range of 42,000-51,000oz announced on April 3. That revised forecast was down on original full-year production forecasts of 64,000-71,000oz after Blackham began mining at Matilda in October last year.

 

Production has also been hampered by lower than expected gold grades and a small fire in the company's gold room. The problems sent Blackham's all-in sustaining costs up to $2002/oz in the third quarter. "Production issues as a result of wet weather affecting mining, haulage and crushing have also slowed production in April," the miner conceded.

 

However Blackham said its operations were still modestly profitable and it expected to ramp-up production in the June quarter on higher mill throughput and mill head grade.

 

The company held $24.8 million in cash at the end of the quarter and $39.1 million in debt (including accrued interest).

Link to comment
Share on other sites

  • 6 months later...

An interesting read - Blackham production costs show the risks in buying gold hype

https://stockhead.com.au/resources/blackham...ying-gold-hype/

 

And yet analysts gave it a target of 80c and 92c back in July - http://blackhamresources.com.au/

 

Company update today re finance has sent the SP back up 11.54% @ 14.5c - not that I'm interested in joining the buy queue

 

Blackham is now in a position to confirm it has a credit approved term sheet to

fully re-finance the A$36.7 million current secured debt position. The term

sheet has the first repayment in June 2020 which means the CompanyÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s

working capital position would be improved by the $14.8M currently repayable

by 31 Dec 2017 under the existing financing facility. Technical due diligence

has now been completed and the legal documentation is currently well

advanced. The term sheet remains subject to legal due diligence which is also

well advanced.

 

The Company expects operations to be cash flow positive in the December

2017 quarter due to access to higher grade ore to be mined from the open pits.

 

post-330173-1509507235_thumb.png

 

Link to comment
Share on other sites

  • 3 months later...

Interesting - Regal Funds Management appeared today as a substantial s/holder with 65 mil shares - 5.19%.

 

Not that their track record of late has been that good. Hope this one works out better for them.

 

BLK hasn't been with out it's challenges of late either SP currently at a 52 week low.

post-330173-1519214143_thumb.png

Link to comment
Share on other sites

I remember looking into these guys last year as part of a broader look into Lanstead Capital and their funding agreements - they look to have not learned their lesson and engaged in more round robin financing in August last year. A few months in to the two year agreement and the 3Bs seem to have stopped! Could be worth having a sniff again to figure out what Regal see (or don't, based on their recent rack record!)
Link to comment
Share on other sites

  • 4 weeks later...

RFM didn't hang around very long as a substantial holder - circa 18 mil shares offloaded within a week.

 

Once again, smart money getting in on the "cheap" selling to retail investors on the high

 

Today another 100 mil shares traded - total on ASX (60 m) & ChiX (40 m). The following are daily volumes for ASX only

Mar 19, 2018 0.090 0.090 0.083 0.085 0.085 59,960,811

Mar 14, 2018 0.084 0.097 0.082 0.094 0.094 159,400,456

Mar 13, 2018 0.079 0.086 0.077 0.084 0.084 79,087,553

Mar 12, 2018 0.083 0.086 0.079 0.079 0.079 68,882,311

Mar 09, 2018 0.086 0.092 0.081 0.081 0.081 235,626,538

Mar 08, 2018 0.061 0.081 0.061 0.081 0.081 338,832,029

Mar 07, 2018 0.053 0.054 0.053 0.053 0.053 13,700,756

Mar 06, 2018 0.054 0.056 0.052 0.053 0.053 21,642,316

Mar 05, 2018 0.053 0.055 0.052 0.053 0.053 31,434,019

Mar 02, 2018 0.048 0.051 0.047 0.050 0.050 18,137,245

Mar 01, 2018 0.047 0.049 0.047 0.047 0.047 16,851,684

Feb 28, 2018 0.046 0.047 0.045 0.047 0.047 6,957,941

Feb 27, 2018 0.049 0.049 0.047 0.047 0.047 8,452,590

Feb 26, 2018 0.045 0.048 0.044 0.048 0.048 10,065,192

Feb 23, 2018 0.045 0.046 0.044 0.044 0.044 6,836,469

Feb 22, 2018 0.047 0.047 0.045 0.045 0.045 15,401,114

Feb 21, 2018 0.044 0.048 0.044 0.046 0.046 34,828,116

Feb 20, 2018 0.043 0.045 0.043 0.044 0.044 18,463,639

Feb 19, 2018 0.051 0.051 0.043 0.045 0.045 23,362,295

Feb 16, 2018 0.051 0.053 0.050 0.051 0.051 8,804,449

Feb 15, 2018 0.060 0.060 0.053 0.055 0.055 6,331,466

Feb 14, 2018 0.061 0.061 0.058 0.060 0.060 2,700,812

Feb 13, 2018 0.061 0.064 0.059 0.061 0.061 3,468,016

Feb 12, 2018 0.061 0.062 0.059 0.059 0.059 2,966,183

Feb 09, 2018 0.058 0.064 0.056 0.060 0.060 7,372,400

Feb 08, 2018 0.051 0.072 0.051 0.061 0.061 34,395,336

Feb 07, 2018 0.050 0.051 0.049 0.050 0.050 2,715,394

Feb 06, 2018 0.050 0.051 0.047 0.051 0.051 790,451

Feb 05, 2018 0.055 0.055 0.046 0.051 0.051 4,891,324

Feb 02, 2018 0.055 0.058 0.055 0.056 0.056 3,093,472

Feb 01, 2018 0.057 0.059 0.054 0.056 0.056 4,175,711

Jan 31, 2018 0.060 0.060 0.053 0.053 0.053 4,323,055

Jan 30, 2018 0.060 0.064 0.056 0.060 0.060 4,146,541

Jan 29, 2018 0.070 0.070 0.061 0.061 0.061 3,384,644

Jan 25, 2018 0.060 0.075 0.056 0.070 0.070 10,624,236

Jan 24, 2018 0.050 0.051 0.047 0.049 0.049 5,549,332

Jan 23, 2018 0.039 0.056 0.032 0.051 0.051 23,125,705

Jan 22, 2018 0.072 0.072 0.072 0.072 0.072 -

Jan 19, 2018 0.072 0.072 0.072 0.072 0.072 -

Jan 18, 2018 0.072 0.072 0.072 0.072 0.072 -

Jan 17, 2018 0.072 0.072 0.072 0.072 0.072 -

Jan 16, 2018 0.072 0.072 0.072 0.072 0.072 -

Jan 15, 2018 0.072 0.072 0.072 0.072 0.072 -

Jan 12, 2018 0.072 0.072 0.072 0.072 0.072 -

Jan 11, 2018 0.072 0.072 0.072 0.072 0.072 -

Jan 10, 2018 0.072 0.072 0.072 0.072 0.072 -

Jan 09, 2018 0.072 0.072 0.072 0.072 0.072 -

Jan 08, 2018 0.072 0.072 0.072 0.072 0.072 -

Jan 05, 2018 0.072 0.072 0.072 0.072 0.072 -

Jan 04, 2018 0.072 0.072 0.072 0.072 0.072 -

Jan 03, 2018 0.072 0.072 0.072 0.072 0.072 -

Jan 02, 2018 0.072 0.072 0.072 0.072 0.072 -

Dec 29, 2017 0.072 0.072 0.072 0.072 0.072 -

Dec 28, 2017 0.072 0.072 0.072 0.072 0.072 -

Dec 27, 2017 0.072 0.072 0.072 0.072 0.072 -

Dec 22, 2017 0.072 0.072 0.072 0.072 0.072 -

Dec 21, 2017 0.072 0.072 0.072 0.072 0.072 -

Dec 20, 2017 0.072 0.072 0.072 0.072 0.072 -

Dec 19, 2017 0.072 0.072 0.072 0.072 0.072 -

Dec 18, 2017 0.072 0.072 0.072 0.072 0.072 -

Dec 15, 2017 0.072 0.072 0.072 0.072 0.072 -

Dec 14, 2017 0.072 0.076 0.072 0.072 0.072 1,841,771

Dec 13, 2017 0.069 0.072 0.069 0.069 0.069 5,682,896

Dec 12, 2017 0.072 0.076 0.069 0.069 0.069 3,853,327

Dec 11, 2017 0.076 0.077 0.072 0.072 0.072 3,158,752

Dec 08, 2017 0.072 0.076 0.069 0.076 0.076 5,409,838

Dec 07, 2017 0.076 0.079 0.072 0.072 0.072 4,921,371

Dec 06, 2017 0.083 0.083 0.076 0.076 0.076 5,030,255

Dec 05, 2017 0.083 0.083 0.076 0.079 0.079 4,891,314

Dec 04, 2017 0.083 0.086 0.079 0.079 0.079 3,250,341

Dec 01, 2017 0.083 0.083 0.076 0.083 0.083 6,049,920

Nov 30, 2017 0.089 0.089 0.079 0.079 0.079 7,053,076

Nov 29, 2017 0.096 0.096 0.086 0.086 0.086 4,673,540

Nov 28, 2017 0.103 0.103 0.093 0.093 0.093 3,458,272

Nov 27, 2017 0.079 0.100 0.079 0.100 0.100 8,265,911

Nov 24, 2017 0.096 0.096 0.096 0.096 0.096 -

Nov 23, 2017 0.096 0.096 0.096 0.096 0.096 -

Nov 22, 2017 0.096 0.096 0.096 0.096 0.096 -

Nov 21, 2017 0.096 0.096 0.096 0.096 0.096 -

Nov 20, 2017 0.096 0.096 0.096 0.096 0.096 -

Nov 17, 2017 0.096 0.096 0.096 0.096 0.096 -

Nov 16, 2017 0.096 0.096 0.096 0.096 0.096 -

Nov 15, 2017 0.096 0.096 0.096 0.096 0.096 -

Nov 14, 2017 0.096 0.096 0.096 0.096 0.096 -

Nov 13, 2017 0.096 0.096 0.096 0.096 0.096 -

Nov 10, 2017 0.096 0.096 0.096 0.096 0.096 -

Nov 09, 2017 0.096 0.096 0.096 0.096 0.096 -

Nov 08, 2017 0.096 0.096 0.096 0.096 0.096 -

Nov 07, 2017 0.096 0.096 0.096 0.096 0.096 -

Nov 06, 2017 0.096 0.096 0.096 0.096 0.096 -

Nov 03, 2017 0.096 0.103 0.096 0.096 0.096 1,675,885

Nov 02, 2017 0.110 0.110 0.093 0.096 0.096 9,630,117

Nov 01, 2017 0.086 0.110 0.076 0.107 0.107 24,010,776

Oct 31, 2017 0.114 0.114 0.086 0.089 0.089 18,303,635

Oct 30, 2017 0.117 0.120 0.110 0.114 0.114 4,379,297

Oct 27, 2017 0.120 0.124 0.110 0.114 0.114 12,030,183

Oct 26, 2017 0.148 0.151 0.145 0.145 0.145 1,349,705

Oct 25, 2017 0.148 0.150 0.145 0.145 0.145 641,027

Oct 24, 2017 0.148 0.155 0.145 0.148 0.148 1,343,549

Oct 23, 2017 0.151 0.151 0.145 0.145 0.145 1,149,956

*Close price adjusted for splits.**Adjusted close price adjusted for both dividends and splits.

post-330173-1521450886_thumb.png

Link to comment
Share on other sites

For what it's worth - Shortlist Announced: Mines and Money Asia Outstanding Achievement Awards

Mines and Money Asia | about 3 hours ago

 

Considered to be AsiaÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s most prestigious mining investment awards and a highlight in the Asian mining calendar, the annual Mines and Money Outstanding Achievement Awards are where ÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’â€Â¹Ãƒƒâ€Â¦ÃƒÆ’¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã¢â‚¬Å“the best of the bestÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢ in the Asia Pacific region receive recognition for their achievements in the past year.

 

Nominated by industry peers and chosen by an esteemed panel of judges, these awards are designed to recognize excellence and outstanding achievement over a wide cross-section of the Asia Pacific mining and investment sector.

 

Sponsored by Argonaut, AER and the Canadian Chamber of Commerece in Hong Kong this year there are five awards recognising excellence in Asia-Pacific mining as well as a new award, North-American Mining Executive of the Year, in recognition of the importance of Canadian and TSX listed companies.

 

The 2018 Shortlisted Nominees are:

Asia Pacific Mining Exploration Company of the Year

 

Blackham Resources

Ceylon Graphite

CleanTeQ[

New Century Resources

Novo Resources

SolGold

http://www.mining.com/web/shortlist-announ..._medium=twitter

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

×
×
  • Create New...