Union Jack Oil, Reabold Resources, Hummingbird Resources & Salt Lake Potash
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On today's Vox Markets Podcast: Union Jack Oil, Reabold Resources, Hummingbird Resources & Salt Lake Potash
David Bramhill, Executive Chairman of Union Jack Oil (UJO) talks about the significant preliminary results from their West Newton Appraisal Well.
Union Jack Oil plc is an onshore oil and gas exploration company with a focus on drilling, development and investment opportunities in the United Kingdom hydrocarbon sector listed on the London Stock Exchange AIM market (Ticker: UJO). Our strategy is the rapid appraisal and exploitation of the assets currently owned.
Stephen Williams, Co-CEO at Reabold Resources (RBD) discusses the discovery at West Newton which he's points out could be the largest UK onshore gas field.
Reabold Resources plc is an investing company investing in the exploration and production ("E&P") sector. The Company's investing policy is to acquire direct and indirect interests in exploration and producing projects and assets in the natural resources sector, and consideration is currently given to investment opportunities anywhere in the world.
(Interview starts at 10 minutes 46 seconds)
Bert Monro, Head of Business Development and Hummingbird Resources (HUM) reports on the positive progress on the second ball mill project at its Yanfolila Gold Mine in Mali, West Africa.
Hummingbird Resources (AIM: HUM) is a leading gold production, development and exploration company. The Company has two core gold projects, the Yanfolila Gold Mine in Mali and the Dugbe Gold Project in Liberia. Yanfolila produced its first gold pour on time and budget in December 2017. Yanfolila held pre-production Probable Reserves of 710,535oz @ 3.14g/t, total Resources of 1.8Moz of gold and an additional 390,700oz of non-compliant exploration potential. The Dugbe Gold Project has Resources currently totalling 4.2Moz of gold and a completed NI 43-101 compliant PEA on the project showing a 29% IRR and US$186m NPV at a US$1,300 gold price. In addition to Hummingbird's production and development assets, the Company also has an exploration footprint of ~4,000km2 and a 28% interest in AIM listed Cora Gold, which is advancing a portfolio of prospects in Mali and Senegal.
(Interview starts at 20 52 minutes seconds)
Tony Swiericzuk Chief Executive Officer of Salt Lake Potash (S04) talks about the results of their Scoping Study for their Lake Way Sulphate of Potash Project in Western Australia.
Salt Lake Potash plans to build the most sustainable, most rewarding fertiliser project in the world by developing organic Sulphate of Potash (SOP) from the Goldfields Salt Lakes which are nine lakes totalling over 3,300km² of playa surface ideal for trench extractions in Western Australia.
(Interview starts at 26 minutes 55 seconds)
Disclaimer & Declaration of Interest
The information, investment views and recommendations in this article are provided for general information purposes only. Nothing in this article should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the writer but no responsibility is accepted for actions based on such opinions or comments. Vox Markets may receive payment from companies mentioned for enhanced profiling or publication presence. The writer may or may not hold investments in the companies under discussion.