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. 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. Shareholders News | PURSUIT MINERALS Stock Price Today - Insider Pursuit Minerals Ltd (ASX:PUR) Share Price - Market Index Win at Retirement WebPURSUIT MINERALS LIMITED : Company profile, business summary, shareholders, managers, financial ratings, industry, sector and market information | Australian Stock PUR pursuit minerals ltd Ann: Top 20 Shareholders ASX News 851 23/08/17 18:27 Post #: 26703681 Share Release Date: 23/08/17 18:07 Summary: Top 20 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. You can do it. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. The Pursuite Minerals share price is surging today after the company reported its preliminary AEM survey had detected five strong electromagnetic (EM) conductors. 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). We are hoping this re-rates the company to a market cap of >$1bn (similar to what peer company Argosy achieved). Should Pursuits Exploration Licence Applications (ELAs) be approved, its landholding will be four times that of the ELA comprising Mandrakes Jimperding Project. We note that hedge funds don't have a meaningful investment in Auteco Minerals. SMARTER, HAPPIER, AND RICHER. Earlier this year, Chalice Gold Mines Ltd (ASX: CHN) made a groundbreaking discovery that sent its share price soaring. Before we go too far, a word of caution is required. 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. Please read our Financial Services Guide before deciding whether to obtain financial services from us. Past performance is not necessarily indicative of future returns. PUR - Pursuit Minerals These stronger EM conductors, Pursuit Minerals states, are associated with magnetic anomalies interpreted to be due to mafic or ultramafic intrusive rocks. Any advice contained on this Website 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. The Combatant PGE-Ni-Cu Project lies approximately 270 km northeast from Geraldton and 210 km west of Meekatharra. Pursuit Minerals Limited (PUR, formerly Burrabulla Copyright 2023 Surperformance. Stocks: 15 20 minute delay (Cboe BZX is real-time), ET. Pursuit Minerals Limited is an Australia-based mineral exploration and project development company. Ragusa Minerals Ltd EMX Royalty Corp Pursuit Minerals share price snapshot Patient shareholders in the junior miner have enjoyed a highly profitable 12 months and a great start to 2021. Once the company has all the data in hand, it intends to start drill testing the high priority in either the second or third quarter of this year. The information in this website is general information only. PURs ground sits inside an area where another company has already defined a foreign resource of 2.1mt lithium carbonate equivalent. To receive ALL our alerts fill out your details below. Those persons acting upon information contained in this article do so entirely at their own risk. 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. Get expert stock analysis direct in your inbox. The Wubin tenement area contains widespread, but isolated, greenstone remnants. 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. What's driving the Pursuit Minerals (ASX:PUR) share Accordingly you should consider how appropriate the advice (if any) is Here are the companies currently in the region including Chalice. We participated in the $2M PUR cap raise (December 2022). How do Fund Managers Invest in Small Cap Stocks? PUR will acquire 100% of its Tier 1 Warrior PGE-Nickel-Copper Project, which is only between 20 kilometres and 170 kilometres to the north of Chalice Gold Mines Ltds Gonneville Julimar discovery. Stock summary - Australian Stock Market - Small Caps Ann: Top 20 Shareholders - HotCopper Pursuit Minerals (ASX:PUR) - Next Investors Sebastian Bowen. Fundamental data provided by Zacks and Morningstar. Pursuit Minerals Ltd | LinkedIn Bernd Struben earned his economics degree in the US. Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. (For the uninitiated, Ni stands for nickel, Cu is copper, while PGE stands for platinum group elements. There is always a risk that the market interest for lithium decreases and in turn appetite to invest in companies like PUR decreases. 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. 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. The company has completed a placement to raise $200,000 through the issue of shares at $0.009 each (the same price as the Companys recent placement and rights issue). PUR has a tiny market cap, and this is early stage exploration. Learn about investing with our Investing Education hub. Pursuit Minerals Ltd (ASX: PUR) shares have been placed in a trading halt pending a capital raise. WebRagusa Minerals Ltd (RAS, formerly SIV Asset Management Limited) operate in the mineral exploration sector focusing on exploration for gold and associated minerals. Known as the Julimar Complex, Chalices discovery was Australias first major palladium discovery, in an entirely new minerals province. 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. It's not possible to publish a real-time Top 20 Shareholder list. This is a high risk, high reward investment. He moved to Australia in 2010, where he transitioned to analysing the Aussie equity markets. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Shareholder percentage totals can add to more than 100% because some holders are included in the free float. Follow-up electromagnetic surveys and soil geochemical sampling will be completed in order to define and prioritise drill targets. WebAccess detailed premium company data for PUR - Pursuit Minerals Limited including Top 20 shareholders, Director Transactions and more. Axiom Mining Ltd To view the entire thread just sign in or Join Now (FREE), Australia's largest stock tradingand investment forum. Pursuit Minerals Limited completed the acquisition of 9,233 Hectares at the Rio Grande Sur Project. International stock quotes are delayed as per exchange requirements. Shares can be held through multiple entities, so the Substantial Shareholders list differs from the Top 20 Shareholders list. Initial Investment: @ 1.3c Top Slice Free Carry Initial Investment: @ 6.9c Free Carry Take Profit Price increases 300% from initial entry Price increases 500% from initial entry Price increases 1000% from initial entry 12 Month Capital Gain Discount Hold remaining Position for next 2+ years, Lithium project acquisition to be completed in just weeks, Lithium brine in South America's lithium triangle - update, Lithium acquisition approved by shareholders, $8M raised - TWO major conditions to acquisition met, Critical minerals quickly becoming a priority in the EU, Noosa Mining Investor Conference round-up, China considering US$1.1 trillion infrastructure stimulus, Pursuit Establishes an At Call Funding Facility, China considering US$220Bn in infrastructure stimulus, VW CEO breaks down batteries and supply chain issues, AC drilling program underway at WA gold project. 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. PUR drilling again. WebPursuit Minerals Limited (ASX:PUR) is a junior exploration company that is aiming to make a PGE-Nickel-Copper discovery in Western Australia. Volume reflects consolidated markets. Pursuit Minerals Ltd is an Australian mineral exploration and project development company. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. Any Youre viewing a single post only. Located inside Argentinas lithium triangle. We have also been following the private Argentinian lithium asset being acquired by PUR since October this year, and also have an interest in this company after participating in a pre-listing capital raise, which will convert to PUR shares post transaction. does not constitute personal advice and S3 has not taken into risk, allowing investors to make better decisions and streamline their work ow. Patient shareholders in the junior miner have enjoyed a highly profitable 12 months and a great start to 2021. Bernd Struben, Just one year ago Australias official cash rate stood at 0.10%. Directors and Management Bullseye is being shut down. With lithium brines responsible for almost half of the world's lithium production, PUR offers us exposure to a strong macro theme with a differentiated project style. WebPursuit Minerals Ltd. balance sheet, income statement, cash flow, earnings & estimates, ratio and margins. The four tenements that make up the Warrior PGE-Nickel-Copper Project are: The first tenement, Calingiri West (E70/5379) is located 10km south of the >600 Million tonne Caravel Cu-Mo project. Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. 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. 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. The Motley Fool Australia operates under AFSL 400691. We want to see PUR drill to depths of ~500m where mineralisation is interpreted to extend to. 433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. 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. Phone: (03) 8592 4841 The Calingiri West tenement application, E70/5378), is located between the Julimar (Chalice Mines Limited) and Yarawindah (OZ Minerals Limited) Ni-Cu-PGE projects. PUR Stock Overview Pursuit Minerals Limited engages in the exploration and development of mineral properties in Australia. To make the world Smarter, Happier, And Richer. For more information please see our Financial Services Guide. Barchart shows different data on the Profile page, depending on the symbol's asset type. We have taken a large position in this one, as we see near term upside in the coming months - and beyond: PUR has just announced it is set to acquire a 593km2 tenement package in the terrane, a mere 50km north east of CHNs monstrous discovery. 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. PURs Warrior project is also located just 50km north-east of Chalice minings discovery in the new minerals province known as the Julimar Complex. 296877). Listen to Our Podcast Navarre Minerals Limited is an Australia-based gold, silver and copper producer. -, Pursuit Minerals Issues 3.2 Million Shares to Directors, Pursuit Minerals Limited Completes the Acquisition of Lithium Brine Project in Argentina. The ultimate aim of the drilling program will be to establish a maiden JORC resource estimate for its project. Join our flagship membership service, Share Advisor. Given Chalices success, it isnt surprising to see that the area has become a hot spot for investors. 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. Most of the drilling in the Rio Grande salar (salt lake) has been down to depths of ~100m. WebUpon exercise of the option, Pursuit will issue up to 20 million additional shares, capped at 9.9% of the issued and outstanding shares of PUR. Entrepreneur life goes like that - you win some and lose some. To receive ALL our alerts fill out your details below. PURs project sits in a region home to ~50% of global lithium supply, dubbed the lithium triangle of Argentina. -, Pursuit Minerals Issues 3.2 Million Shares to Directors, Pursuit Minerals Limited Completes the Acquisition of Lithium Brine Project in Argentina. advice. Bought CBA shares in June? Currently, RAS is focusing on its flagship project Lonely Mine Project. It explores projects including the Koitelainen project and Karhujupukka project PUR is aiming to replicate Chalice Minings success. 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. account day-to-day movements in market value compared to a companys liability structure. Change value during other periods is calculated as the difference between the last trade and the most recent settle. Past performance is not a reliable indicator of our future investing performance. Accordingly you should consider how appropriate the advice (if any) is Motley Fool contributor Bernd Struben has no position in any of the stocks mentioned. The views of the author may not reflect the views of the AFSL holder. WebMr. Now its 3.60%. WebA substantial shareholder is a person or entity that owns 5% or more of the voting shares in a company. It focuses on advancing vanadium projects in the world-class mining 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. 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. As they were exploring for iron, Magnetic Resources focused their exploration on outcrops of Banded Iron Formations (BIF) and high amplitude aeromagnetic anomalies, which could be due to BIFs. 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. PUR.AU | Pursuit Minerals Ltd. Financial Statements - WSJ Copyright FactSet Research Systems Inc. All rights reserved. Low market cap relative to advanced peers. Recent Insider Transactions Insider Trading Volume Insider Buying: All rights reserved. MINERALS 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. [[ data.eventTime | date: 'EEE, MMM dd, yyyy h:mm a' ]] [[ zone ]]. The result of this discovery has led to a field of ASX explorers taking up some ground, hoping to make their own. DIRECTORS. Dow Jones, a News Corp Dominion Mining previously collected over 3,389 auger geochemical samples and drilled 41 aircore holes totalling 1,384m of aircore drilling. 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. When Might Pursuit Minerals Run Out Of Money? 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. does not constitute personal advice and S3 has not taken into Specifications include: Ratios for equities display the following information: Jump-Start Your Search For Promising Trade Ideas With Barcharts Top Stock Pick. 2010 - 2023 The Motley Fool Australia Pty Ltd. All rights reserved. It also includes links to theIndustry, Sector, and Indexin which the stock belongs: the SIC or the Standard Industrial Classification code, industry groups, and major-market indices including the three Dow Jones indices and their composite, the Nasdaq 100, and the S&P 500, 100 and 400. The Company's projects include Warrior PGE-Ni-Cu Project, Commando Gold Project, Gladiator Gold Project, and Combatant PGE-Ni-Cu-Au Project. Funds, Oil & 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. About the company Risk Analysis 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. MINERAL RESOURCES LIMITED: 126,313,746: 8.11% For full detail of the tenements' geology and past exploration, please see PURs announcement here. We like the current valuation of $10M market cap and having recently raised $2M the company appears reasonably funded going into exploration and drilling. 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. Simon Taylor BSc, The Wubin tenement (E70/5493), granted in November 2020, was previously explored for iron deposits by Magnetic Resources NL in 2010. Who are the major shareholders and have insiders been buying or selling? to those objectives, financial situation and needs, before acting on the Any forward-looking statements contained in this article are not guarantees or predictions of future performance, and involve known and unknown risks, uncertainties and other factors, many of which are beyond our control, and which may cause actual results or performance of companies featured to differ materially from those expressed in the statements contained in this article.
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