BOA - Boadicea Resources

[noirua]

I note you have been onto this one for some time Noirua and respect the fact that you have continued to update even though it appears the thread has possibly gone under the radar.

You do realise that talking to yourself can be an early indication of an underlying mental disturbance

Fortunately most of us here suffer from the same condition so you are in good company!

BOA has had a flying start to this months competition, so well done and good luck with it

I've held BOA over seven years and purchased between 15c and 48c. Bought around the time Sirius Resources SIR struck it rich in 2012 - almost bought SIR once at 7c a share but thought they'd go bust, they went over $5. Remember buying some at about $2.80 and selling at $4.70. BOA are the ultimate nearology stock but are difficult to trade as most appear to just hold on through thick and thin. If it strikes lucky my target is $20.

 

[barney]

I've held BOA over seven years and purchased between 15c and 48c. Bought around the time Sirius Resources SIR struck it rich in 2012 - almost bought SIR once at 7c a share but thought they'd go bust, they went over $5. Remember buying some at about $2.80 and selling at $4.70. BOA are the ultimate nearology stock but are difficult to trade as most appear to just hold on through thick and thin. If it strikes lucky my target is $20.

You have my attention ... Watchlist.

 

[mick z]

Been holding these off and on for the last few years, i feel now is not the time to be selling, this is now a long term hold for me, but i do think something is in the wind this time.

Cheers
Mick

 

[noirua]

I sold BOA not long ago at 23.5c. The company has a shed load of tenements in the Fraser Range that they can not afford to finance exploration on. That is not on all of them, and there lies a problem as they sit and wait for partners. Very tightly traded, so it can move either way by big margins. A share that has promised much as the nearest nearology company to Nova and Bollinger. Your call as it is a gamble to riches or losses.

 

[noirua]

I sold BOA not long ago at 23.5c. The company has a shed load of tenements in the Fraser Range that they can not afford to finance exploration on. That is not on all of them, and there lies a problem as they sit and wait for partners. Very tightly traded, so it can move either way by big margins. A share that has promised much as the nearest nearology company to Nova and Bollinger. Your call as it is a gamble to riches or losses.

Well, I certainly mistimed the selling of this one. An 8c dividend seems to have surprised everyone.

Stockness Monster!

stocknessmonster.com

 

[noirua]

 

[noirua]

 

[noirua]

Well something has gone wrong here with BOA. Somewhat 'up the creek without a paddle'.

ASX Releases - Boadicea Resources

www.boadicea.net.au

The microcap sector in mining exploration has moved to the early stage of 'capitulation' meaning no price is too low. Some explorers quoted on the UK AIM market are down over 90% with some down 50% since late April 2022 on top of earlier falls. Calls to brokers in some USA microcaps to 'get me out at any price' a call first heard in 1929.

 

[noirua]

View attachment 142353

Good grief! BOA has fallen a long way from its high point. Not a good reason to buy as it could halve again. Just hoping for a bounce if the selling here is overdone

 

[noirua]

Boadicea Resources delivers strong progress across projects in prime WA resource locations

Boadicea Resources Ltd (ASX:BOA) has delivered strong exploration progress across its Bald Hill East, Kookaburra Well and Fraser South projects in prime...

www.proactiveinvestors.co.uk

The market isn't confident that BOA will achieve success. Is it right or wrong?

The last $2.98m cash raise was in May 2021 at 24c a share. BOA closed today at 10.5c so all the confidence has proved to be wrong so far.

 

[Dona Ferentes]

BOA has fallen a long way from its high point. Not a good reason to buy as it could halve again. Just hoping for a bounce if the selling here is overdone

nothing too tangible in the way of news out there, but up 25 per cent in last few days

.

 

[noirua]

After the 8c special dividend in October 2020, BOA has fallen away terribly. I thought selling at 23c a share was a bad move then it just was a fair way off the peak. BOA had a plan to sell off assets but that fell apart. A move to Lithium is a bit of a favorite move these days and I haven't researched Cat Camp.

 

[Dona Ferentes]

and, trimming the portfolio / workload
.
Sale of Boadicea Queensland assets
to Trigg minerals
− Boadicea has executed a binding term sheet with Trigg Minerals to sell a 90 % interest in four Queensland exploration tenements .
− Trigg will pay Boadicea $20,000 and issue Boadicea with fully paid shares in Trigg Minerals to the value of $300,000.
− Trigg Minerals will cover all expenses related to the tenements up to declaration of mining feasibility on each tenement.
− expected to be completed by 31 January 2024 , upon which time the transaction will be effective .
− Exploration news : Earthworks and drillsite preparatory works have commenced on the Two Tanks tenement in the lithium prospective Mt Ida region of WA.