pursuit minerals top 20 shareholders

Please remember that investments can go up and down. The Company discovers, develops and operates gold projects within Australias premier gold districts in Victoria and Queensland. This Service provides only general, and not personalised financial advice, and has not taken your personal circumstances into account. Surrounding companies have seen solid re-rates since entering the area. We take a look at the ASX miners latest AEM results. All Rights Reserved. These batteries are required to power electric vehicles (EVs) AND to store energy for managing the ongoing global energy crisis. This does not mean PUR will be able to define a resource of its own, there is always a chance that the ground PUR holds is considered uneconomic and no resource estimate is produced. Substantial Shareholders No Substantial Shareholders for Whats driving the Pursuit Minerals (ASX:PUR) share price 35% higher? This is a high risk, high reward investment. SMARTER, HAPPIER, AND RICHER. Past performance is not a reliable indicator of our future investing performance. Currently, RAS is focusing on its flagship project Lonely Mine Project. 296877). Pursuit Minerals Ltd 246-250 Railway Parade Suite 4 Leederville WA 6007 AUS. The project includes well defined magnetic anomalies ready for geophysical surveys to define drill targets. Trading, Managed There is always a risk that the market interest for lithium decreases and in turn appetite to invest in companies like PUR decreases. Secure and increase the performance of your investments with our team of experts at your side. The Motley Fool Australia operates under AFSL 400691. A few new ideas could spring from the original idea of Bullseye to help investors. MINERAL RESOURCES LIMITED: 126,313,746: 8.11% HSBC CUSTODY NOMINEES LIMITED: 156,251,137: 10.04%: 2: 2. As of today, there is a new contender in the province. The area also remains prospective for Boddington-style porphyry gold and/or copper mineralisation. to those objectives, financial situation and needs, before acting on the Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. Mr Bob Affleck Managing Director Mr Mark Lithium is currently trading at all time-highs. There is always a risk that PURs project doesn't meet the levels required for its project to be operated commercially. Accordingly you should consider how appropriate the advice (if any) is 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. PURs ground covers ~9,260 hectares inside and on the perimeter of the larger Rio Grande salar (salt lake) in Argentina which measures ~27,500 hectares. May 1, 2023 | Cryptocurrencies: Cryptocurrency quotes are updated in real-time. To receive ALL our alerts fill out your details below. WebPursuit Minerals Ltd is an Australian mineral exploration and project development company. consideration your personal objectives, financial situation or needs. 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. Please seek your own independent professional advice before making any financial investment decision. PURs project sits in a region home to ~50% of global lithium supply, dubbed the lithium triangle of Argentina. Project sits inside an already giant resource. Base case = 50-100kt lithium carbonate equivalent. Caution: This is early stage exploration, with no guarantee of success. Youre viewing a single post only. The Warrior PGE-Ni-Cu Project is located approximately 20-50 kilometers (km) north of Chalice's high-grade Gonneville PGE-Ni-Cu discovery on the Julimar Project. Investment news, stock ideas, and more, straight to your inbox. Copyright 2023 Surperformance. PUR is the cheapest entry into the highly prolific Julimar region, Its Warrior Project is no more than 20km from Chalice Gold Mines Julimar Project, which has led to Chalice becoming one of the top performing companies on the ASX, with 1500% Total Shareholder Return (TSR) year-to-date, PUR is well funded with $2.5M in the bank for an aggressive exploration program. Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. Sources: FactSet, Dow Jones, Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. 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. We have been holding a position in PUR for over 2 years now, and after a failed attempt at drilling in the Julimar province we are happy with this new advanced lithium acquisition (pending DD and shareholder approval expected in January 2023). This is early stage exploration and the companys current valuation reflects that - which to us, makes it the most interesting of those in the province CHN has made famous. 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. Caspin commenced trading last Wednesday and closed at more than double the IPO price: the company is now trading at a premium of more than 200% to the IPO price. The Bindi Bindi tenement application, E70/5392, covers part of the Bindi Bindi Intrusive Complex which manifests as scattered outcrops of weakly magnetic ultramafic rocks which have been intruded by negatively magnetised younger dolerite dykes. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. Stocks: 15 20 minute delay (Cboe BZX is real-time), ET. Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 173.5%. Bought CBA shares in June? Fundamental data provided by Zacks and Morningstar. WebPursuit Minerals Limited Suite 4, 246-250 Railway Parade West Leederville WA 6007 Australia +61 8 6500 3271. Looking at the map above, PURs Calingiri West (E 70/5378) tenement goes close to abutting Chalices Gonneville PGE-nickel-copper-cobalt discovery while Calingiri East (E 70/5379) is also in close proximity. Objective #1: Drilling program to establish maiden JORC resource estimate. Entrepreneur life goes like that - you win some and lose some. It explores projects including the Koitelainen project and Karhujupukka project located in Finland, Central Sweden projects and the Airijoki project located in Sweden. Our bull/base/bear case expectations for the maiden JORC resource is as follows: Bull case = >100kt lithium carbonate equivalent. So, what can ASX 200 investors. 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. The business operating segment includes; Australian Projects, Norway projects, Finnish projects and Swedish projects. 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. Magnetic Resources Limited only completed limited surface sampling and drilling. Over the past You can do it. CPH, ONE, TMZ, 88E and more PUR says Early Soil Samples Compare Favourably to $2.6BN Chalice, PURs EM conductors significant - Drilling in 6 to 8 weeks, Our Portfolio Performance from January 1st to March 31st 2021, Nearology News Next to $1.4 Billion Behemoth Big Brother, 1,600% Gain Sparks Julimar Explorer Race - We Just Found the Cheapest. Given the current low market cap, we intend to hold stock into drilling and ideally lighten our position (at multiples of current share price) in the lead up to drilling. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. However, half of the drill holes intercepted mafic rocks, anomalous in Au, Cu, As and W, which is a positive indication as mafic rocks are associated with PGE-Ni-Cu mineralisation at Gonneville. Join thousands of other Investors following our stock commentary for Free, Interested in more investment opportunities? WebAccess detailed premium company data for PUR - Pursuit Minerals Limited including Top 20 shareholders, Director Transactions and more. What did our investments do this week? A big thank you to everyone who registered on Bullseye and gave it a go. View PUR.AU financial statements in full. Analysts believe that now could be the time to add these shares to your portfolio May 1, 2023 | Pursuit Minerals Ltd (ASX: PUR) shares are off to the races today, up more than 35% to 5 cents in afternoon trading. Kingsgate conducted further follow-up drilling with 53 aircore holes. Lithium is recognised as a critical raw material by the USA, European Union, India, Japan and Australia because of its importance in the lithium-ion battery supply chain. WebASX:PUR - Investor presentation, announcements, cashflow waterfall chart, news, capital raise history, & sector peers. does not constitute personal advice and S3 has not taken into Having identified the prospective mafic and ultramafic intrusions, electromagnetic surveys will be conducted over the source of the aeromagnetic anomalies to generate drilling targets. Get Started Investing It focuses on advancing vanadium projects in the world-class mining jurisdictions of Finland and Sweden. Motley Fool contributor Bernd Struben has no position in any of the stocks mentioned. NICKEL COPPER PLATINUM GROUP ELEMENTS PGE, 1,600% Gain Sparks Julimar Explorer Race - We Just Found the Cheapest. PUR is set to acquire the Warrior PGE-Nickel-Copper Project, nestled in the Western Gniess Terrane, sandwiched between CPN and CHN. Pursuit has put together a formidable geological and geophysical team, appointing Mathew Perrot as Exploration Geologist to be assisted by Ian Lowie as Operations Manager and Barry Bourne as Project Geophysicist. Companies are not obliged to report this data (with the exception of Substantial Shareholders above 5%). Any advice contained in this article does not constitute personal advice and S3 has not taken into consideration your personal objectives, financial situation or needs. All rights reserved. We want to see PUR drill to depths of ~500m where mineralisation is interpreted to extend to. How do Fund Managers Invest in Small Cap Stocks? There is always a risk that market sentiment impacts PURs ability to raise capital. Accordingly you should consider how appropriate the advice (if any) is Copyright FactSet Research Systems Inc. All rights reserved. Plus500. Sebastian Bowen. Copyright 2023 Surperformance. We like the current valuation of $10M market cap and having recently raised $2M the company appears reasonably funded going into exploration and drilling. Shareholding changes less than 1% do not require notification to the market. Here are the most important events to keep an eye on for the sake of your stock portfolio. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Data may be intentionally delayed pursuant to supplier requirements. Mandrake Resources (ASX: MAN) - $30M market cap - planning to drill next month, Devex Resources (ASX: DEV) - $71M market cap - planning to drill next month, Caspin Resources (ASX: CPN) - $35M (just hit the boards this week). 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. The Company is focused on platinum group elements, nickel and copper (PGE-Ni-Cu) and gold. Gabbro, dolerite and ultramafic rock types have been mapped and logged in drilling results, indicating that the tenement application area does contain the correct rocks to host PGE-Ni-Cu mineralisation. 296877). -, Pursuit Minerals Issues 3.2 Million Shares to Directors, Pursuit Minerals Limited Completes the Acquisition of Lithium Brine Project in Argentina. WebPursuit Minerals Ltd. balance sheet, income statement, cash flow, earnings & estimates, ratio and margins. The 1-3- and 5-Year Returns are adjusted for splits. In this article, we will explain why we have invested in PUR now and the upside we see. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. Disclosure: Disclosure: S3 Consortium Pty Ltd (the Company) and Associated Entities own 25,133,333 PUR shares and 10,000,000 PUR Shares on Trilogy Class B Con Note conversion at the time of publishing. This article may include references to our past investing performance. Pursuit Minerals Limited is an Australia-based mineral exploration and project development company. Pursuit Minerals Limited completed the acquisition of 9,233 Hectares at the Rio Grande Sur Project. balance sheet and inputs from the stock market. 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. 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. The target ultramafic-mafic intrusions exhibit strong anomalies in regional aeromagnetic data, which will allow exploration for PGE-Ni-Cu to be quickly focused on the prospective mafic and ultramafic rocks. Pursuit Minerals (ASX:PUR) Join thousands of other Investors following our stock commentary for Free, Interested in more investment opportunities? Rank Top 20 Investors Number of Shares % Issued Capital; 1: 1. Updated daily, it takes into [[ data.eventTime | date: 'EEE, MMM dd, yyyy h:mm a' ]] [[ zone ]]. However, the geological structure appears to be quite complicated with significant folding and faulting of some of the narrower ultramafic units. He moved to Australia in 2010, where he transitioned to analysing the Aussie equity markets. Pursuit Minerals Ltd is an Australian mineral exploration and project development company. Known as the Julimar Complex, Chalices discovery was Australias first major palladium discovery, in an entirely new minerals province. These same anomalies are known to host the PGE-Ni-Cu mineralisation at the Chalice Mining Ltd (ASX: CHN) Julimar Project. 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. 2023 Barchart.com, Inc. All Rights Reserved. This article contains general investment advice only (under AFSL 400691). WebSummit Minerals Limited (SUM) is an Australian-focused ASX-listed battery mineral exploration company with a portfolio of projects in demand-driven commodities. Pursuit Minerals Ltd (ASX: PUR) shares have been placed in a trading halt pending a capital raise. The Combatant PGE-Ni-Cu Project lies approximately 270 km northeast from Geraldton and 210 km west of Meekatharra. To receive ALL our alerts fill out your details below. Early stage CHN investors were well rewarded by this discovery, with the stock returning 1,600% since January. Join our flagship membership service, Share Advisor. Caspin Resources (ASX:CPN), is a spin off from Cassini Resources (ASX: CZI) and has two West Australian gold and nickel projects. Funds, Oil & The Company's projects include Warrior PGE-Ni-Cu Project, Commando Gold Project, Gladiator Gold Project, and Combatant PGE-Ni-Cu-Au Project. PUR is aiming to replicate Chalice Minings success. Those are comprised of palladium (Pd), iridium (Ir), osmium (Os), rhodium (Rh) and ruthenium (Ru).). 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. We disclose the securities held in relation to a particular company that we provide commentary on. Moodys Daily Credit Risk Score is a 1-10 score of a companys credit risk, based on an analysis of the firms The Company is focused on platinum group elements, nickel and copper (PGE-Ni-Cu) and gold. PUR is well funded with ~$2.5M of cash to fund its Julimar Warrior Project exploration program and with an Enterprise Value (EV) of ~$8.7m, provides significant leverage to discovery. The Motley Fool Australia has no position in any of the stocks mentioned. Listen to Our Podcast Chalice backed Caspin in its IPO taking a 10 per cent stake. Short sellers are gunning forthese ASX shares. Mandrakes Jimperding Project lies approximately 30 kilometres east of Chalice. advice. WebTop 20 Shareholders About the Data Show All Shareholder Distribution As reported in the most recent Annual Report. S3 cannot and does not give any assurance that the results or performance expressed or implied by any forward-looking statements contained in this article will actually occur and readers are cautioned not to put undue reliance on forward-looking statements. Gonneville style PGE-Ni-Cu mineralisation is associated with mafic intrusions, which exhibit strong aeromagnetic anomalies. I'm taking the "L" and moving 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. 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. The Pursuite Minerals share price is surging today after the company reported its preliminary AEM survey had detected five strong electromagnetic (EM) conductors. Australia's largest stock trading and investment forum, Algorithmic The company was founded in 2007 and is headquartered in Brisbane, Australia. End-of-day quote Australian Stock Exchange It focuses on advancing vanadium projects in the world-class mining Given the company is yet to commence producing any cashflows the need to raise capital may weigh on the companys share price. Bear case = <50kt lithium carbonate equivalent. The area remains underexplored for base and precious metals due to lack of outcrop, predominance of farmland and the prior focus of exploration companies on bauxite and iron. does not constitute personal advice and S3 has not taken into Pursuit Minerals chases high-grade gold project in Arizona Pursuit Minerals ( ASX: PUR) signed an exclusive option to acquire the Buck Mountain Gold Project, a gold-silver-platinum group metals (PGMs) project in Arizona, USA. That compares to a 3% loss on the All Ordinaries Index (ASX: XAO). Barchart is committed to ensuring digital accessibility for individuals with disabilities. has engaged Next Investors to provide this service. Any Barchart shows different data on the Profile page, depending on the symbol's asset type. Bernd Struben, Just one year ago Australias official cash rate stood at 0.10%. To make the world Smarter, Happier, And Richer. Volume reflects consolidated markets. Heres the dividend yield youre earning now, How Id invest $1,000 in May to make easy passive income, Woodside share price in the green as Shell offloads stake in $30 billion JV gas project, the companys announcement of promising airborne electromagnet (AEM) data. This years discovery of the nickel-copper-palladium mineralisation on the Julimar Project by Chalice is the first significant find in the region which previously had only early stage indications of mineralisation at Yarawindah and Bindi-Bindi. It expects to complete its overall Warrior AEM survey before the end of March. Low market cap relative to advanced peers. PURs project sits inside an already established foreign resource estimate of 2.1mt lithium carbonate equivalent. WebPursuit Minerals Ltd. annual balance sheet for PUR.AU company financials. It explores projects including the Koitelainen project and Karhujupukka project ONE, VUL all grown up BPM, LCL finding targets. 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 296877). Join Our Premium Community Pursuit Minerals Ltd (ASX:PUR) has entered into an agreement to acquire 100% of the issued capital in Trilogy Minerals Pty Ltd, an Argentina-focused lithium company, which holds the rights to more than 9,233 hectares at the Rio Grande Sur Project in the Lithium Triangle of South America. In his free time, you're likely to find Bernd at the beach or dabbling away on a new work of science fiction. this thread Last trade - 15.51pm 01/05/2023 (20 minute delay). Air core drilling commenced at its Warrior Project in WA. to those objectives, financial situation and needs, before acting on the Source: Kantar Media. The final data is expected by the middle of April. May 1, 2023 | Any I took on HotCopper and Lost. The West Margin of the Yilgarn Craton is highly prospective for Platinum Group Elements (PGE) and Ni-Cu mineralisation associated with intrusive mafic to ultramafic rocks. 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. For more information please see our Financial Services Guide. Earlier this year, Chalice Gold Mines Ltd (ASX: CHN) made a groundbreaking discovery that sent its share price soaring. The YTD, 1-3- and 5-Year Returns are adjusted for dividends and splits. Refer to our Disclosure Policy for information on our self-imposed trading blackouts, hold conditions and de-risking (sell conditions) which seek to mitigate against any potential conflicts of interest. Recent Insider Transactions Insider Trading Volume Insider Buying: Next Investors invests in companies and shares updates, and commentary on their business execution and progress. Bernd Struben earned his economics degree in the US. Before we go too far, a word of caution is required. The company has a number of unexplored magnetic and gravity anomalies, however it is yet to really test what's beneath the surface. Our friendly customer service team will happily get back to you as soon as they can. Any advice is general advice only. Learn More. Objective #3: Complete either a definitive feasibility or bankable feasibility study (DFS/BFS). Here are the companies currently in the region including Chalice.

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