SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Mining giant sets sights on Great Western’s (GWMO) US copper -- Ignore unavailable to you. Want to Upgrade?


To: miningoz who wrote (1)3/27/2015 6:44:00 AM
From: miningoz  Read Replies (1) | Respond to of 12
 
Initial approach to Great Western Mining(GWMO)
http://www.businesspost.ie/#!purchase



To: miningoz who wrote (1)6/12/2017 4:51:16 PM
From: miningoz  Respond to of 12
 
"HNR has shown a keen eye for potentially game-changing technology and significant, overlooked resources in an industry which, until recently, has largely been in retrenchment mode,” analyst Jack Allardyce said in a note.
oil operations
Work programmes promise upside for Highlands Natural Resources
Highlands Natural Resources Plc (LON:HNR) offers investors access to significant upside, so says City broker Cenkos which has initiated coverage with a ‘buy’ recommendation.

With a 66p price target Cenkos sees almost 150% upside to the current price of 26.7p.

“Since listing in 2015, HNR has shown a keen eye for potentially game-changing technology and significant, overlooked resources in an industry which, until recently, has largely been in retrenchment mode,” analyst Jack Allardyce said in a note.

“With sentiment apparently on the rise, we believe it offers investors access to significant upside via a combination of disruptive IP, near-term production and exciting new resource plays.”

Allardyce added: “Highlands has built up a portfolio of projects, seeking innovative new solutions to tackle industry issues and overlooked opportunities which require more ‘out of the box’ thinking.”

The analyst describes HNR’s flagship asset, DT Ultravert, as a ‘potentially disruptive’ new oil field services technology and he highlights that it has “caught the eye” of major industry players such as Schlumberger and Calfrac.

He also points to the group’s other interests, the large Helios Two acreage position in Montana and its acreage east of Denver where extended lateral wells targeting the Niobrara shale is slated for 2017.

“We see the active forward work programme – which includes further drilling at Helios Two, development at East Denver and further DTU trials - as presenting a number of potential valuation catalysts over the next 12 months,” Allardyce said.

The cost of the programme was estimated at around US$20mln for six wells or US$40mln for a full 24-well development, according to Allardyce, and he says that clarity on the financing plan (the company is in talks with potential industry and financial partners) will provide a major valuation driver.

The 66p per share target price set by Cenkos is based on the broker’s assessment of HNR’s core net asset value, though with a 215p per share ‘fully unrisked valuation’ Allardyce suggests there’s potential for very substantial upside.

“On the strength of this upside potential and the unique opportunity set HNR shares offer investors, we initiate with a ‘buy’ recommendation.”



To: miningoz who wrote (1)6/12/2017 4:55:13 PM
From: miningoz  Respond to of 12
 
Challenger Acquisitions (LON:CHAL) Dubai and Florida
In the world of giant observation wheels, there is a potential market opportunity value of around US$1bn, the group reckons.

Challenger Acquisitions (LON:CHAL) manages and invests in the construction of giant observation wheels.

The wheels become major tourist attractions in their own right, churning out consistent revenues with high footfall.

The London Eye, for example, has become an icon of the city’s skyline and the top of any tourist’s itinerary.

It is the most popular paid tourist attraction in London with over 3.75mln visitors a year.

The group has a steady long term pipeline of 25 projects and at least one new project will commence each year, chief executive Mark Gustafson told investors.

Number one in a very small field

Challenger is recognised as the go-to developer of giant observation wheels worldwide and it seems to have lived up to its primary objective of advancing the brand name in the attractions sector as well as securing potential wheel project contracts.

The Starneth team is headed by London Eye designer Chiel Smits and has worked on some of the world’s largest observation wheels.

With its AIM listing, Challenger creates a pipeline for Starneth to fund some of the projects, particularly where start-up capital is required to commence development.

Big wheel in the Big Apple

Challenger currently owns a 3% shareholding in the half-billion dollar New York Wheel Project on Staten Island.

The Starneth subsidiary is guiding the development of the project.

The wheel is expected to turn into one of New York City’s major tourist attractions when it becomes operational in 2017, with views of New York Harbour, the Statue of Liberty and Lower Manhattan.

Analysts predict it to make annual operating profits in excess of £70mln (US$100mln) a year.

"We are constantly evaluating expansion opportunities and continue to make progress in building our portfolio of Giant Observation Wheels,” said Gustafson.

The group is selective, however. Its 25 projects were carefully chosen from a possible 72.

Looking at the various components of the group’s pipeline there is no shortage of demand or opportunities, so Challenger can afford to be picky.

It is in the process of securing another site in Europe and has identified a second opportunity in another city.

Three other developers in separate locations have requested direct input from its specialist team at the Starneth subsidiary.

The group is establishing regional offices in Dubai and Florida where it marks out further opportunities in key tourist destinations.

Management bids have been sent to three cities in the Middle East, while the group also said it was supporting developers of attractions across the America.

Asia is the big growth area

But Challenger expects Asia to be one of the most active regions.

The group confirmed its wheel project in the Indonesian capital Jakarta has made further progress to secure funding.

The Iconic Wheel will be 125m tall and carry a maximum capacity of 1,440 customers an hour.

The group estimates around 24 months from the official commencement date for the wheel to be completed.

A further three sites have been identified in China and two more in the rest of Asia.

The group is also looking to build further equity stakes in select projects, as it has done in New York, and is exploring the possibility of an equity stake in China. It is also in the process of opening an office in Singapore.



To: miningoz who wrote (1)6/13/2017 8:00:31 AM
From: miningoz  Respond to of 12
 
UVEL:LSE UniVision to carry out CCTV replacement works across MTR network in Hong Kong.
The new agreement will see UniVision replace CCTV systems at 11 railway stations, including Island Line, Kwun Tong Line, Tsuen Wan Line, Tseung Kwan O Line, Airport Express, Tung Chung Line, Disneyland Resort Line, East Rail Line, Ma On Shan Line and West Rail Line.

The deal also includes the replacement of CCTV systems at Light Rail 22 stops, as well as the installation of new CCTVs for 47 stops along the same rail line.

UniVision chairman Stephen Koo said: “We have been preparing for this contract award for some time and are delighted to have been successful in the face of competition from other bidders.

"We have been preparing for this contract award for some time and are delighted to have been successful in the face of competition from other bidders."
“We have a long relationship with MTR and have many years’ experience in installing and maintaining its CCTV system.

“I am confident that we will be able to fulfil all requirements under the contract in a professional manner.”

Analogue CCTV systems are currently installed in all the stations, which are to be replaced with unified IP-based systems as part of the new arrangement.

The contracted works areset to commence with immediate effect and are scheduled for completion by November 2023.

UniVision specialises in the supply, design, installation and maintainenance of closed circuit television and surveillance systems and other security-related products.