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Lamboo Resources Limited (LMB) was formerly known as Fluorotechnics Limited (FLS).
http://www.lambooresources.com.au
http://www.lambooresources.com.au
NH3 - NH3 Clean Energy
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springhill
Make the drill work for YOU
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Re: LMB - Lamboo Resources
Here is one that hasnt been mentioned as a graphite play on ASF.
Encouraging Graphite Analysis at McIntosh Project
Lamboo Resources is delighted to announce encouraging preliminary graphite analysis following the immediate commencement of work at the company’s McIntosh tenements after the re-listing of its securities in June 2012.
Grab samples from separate project areas within the McIntosh tenements representing separate graphite schist horizons correlating with electro magnetic (EM) conductors contain confirmed flake graphite. The samples are necessarily preliminary and are based on areas of outcrop occurring within the geophysical EM
anomalies.
Of note is that the presence of flake or plate graphite has been confirmed in all the petrographic samples examined. Systematic analysis will be carried out on channel and auger samples.
The outcrops chosen are additional to the earlier RAB drilling analysis confirming a wider graphite schist area. Work will continue on confirming the schist to JORC standards.
Petrographic analysis of grab samples from the McIntosh Project importantly has also shown that there is high variability in the plate size width some graphite plates exceeding 80# (or 80 mesh). This is viewed as a positive with a proportion of the graphite mineralisation falling within the higher value graphite product values. The graphite lenses contain enriched zones with potential for even higher grades based on grab samples collected.
These gratifying results confirm that the EM targets are associated with extended graphite schist units.
ABOUT THE MCINTOSH GRAPHITE PROJECT
The graphite project is located approximately 100 km north of Halls Creek in the East Kimberley, Western Australia. The high grade metamorphic terrain in the McIntosh project area represents a source of flake graphite. The graphite schist horizon outcrops within the tenements and has an approximate aggregate strike length of 10 km based on airborne EM data. Limited rotary air blast (RAB) drilling has shown that the graphitic schist stratigraphy can be over 40 m thick and represents a target for follow-up exploration including reverse circulation (RC) drilling and diamond drilling.
Petrographic examination confirms the presence of flake graphite occurring within the graphitic schist host and is associated with fibrous sillimanite, consistent with high grade metamorphic terrain. The graphite schist at the discovery outcrop is unweathered and should qualify as mill feed from the surface.
This would prove to be a major advantage in terms of the waste to ore ratio in a possible open cut operation. A haul road passes only 1 to 3 kilometres to the north of the main graphitic schist outcrop, and provides ready access to the all-weather Great Northern Highway (Highway 1) and the deep water port of Wyndham is 300 km to the north.
Here is one that hasnt been mentioned as a graphite play on ASF.
Encouraging Graphite Analysis at McIntosh Project
Lamboo Resources is delighted to announce encouraging preliminary graphite analysis following the immediate commencement of work at the company’s McIntosh tenements after the re-listing of its securities in June 2012.
Grab samples from separate project areas within the McIntosh tenements representing separate graphite schist horizons correlating with electro magnetic (EM) conductors contain confirmed flake graphite. The samples are necessarily preliminary and are based on areas of outcrop occurring within the geophysical EM
anomalies.
Of note is that the presence of flake or plate graphite has been confirmed in all the petrographic samples examined. Systematic analysis will be carried out on channel and auger samples.
The outcrops chosen are additional to the earlier RAB drilling analysis confirming a wider graphite schist area. Work will continue on confirming the schist to JORC standards.
Petrographic analysis of grab samples from the McIntosh Project importantly has also shown that there is high variability in the plate size width some graphite plates exceeding 80# (or 80 mesh). This is viewed as a positive with a proportion of the graphite mineralisation falling within the higher value graphite product values. The graphite lenses contain enriched zones with potential for even higher grades based on grab samples collected.
These gratifying results confirm that the EM targets are associated with extended graphite schist units.
ABOUT THE MCINTOSH GRAPHITE PROJECT
The graphite project is located approximately 100 km north of Halls Creek in the East Kimberley, Western Australia. The high grade metamorphic terrain in the McIntosh project area represents a source of flake graphite. The graphite schist horizon outcrops within the tenements and has an approximate aggregate strike length of 10 km based on airborne EM data. Limited rotary air blast (RAB) drilling has shown that the graphitic schist stratigraphy can be over 40 m thick and represents a target for follow-up exploration including reverse circulation (RC) drilling and diamond drilling.
Petrographic examination confirms the presence of flake graphite occurring within the graphitic schist host and is associated with fibrous sillimanite, consistent with high grade metamorphic terrain. The graphite schist at the discovery outcrop is unweathered and should qualify as mill feed from the surface.
This would prove to be a major advantage in terms of the waste to ore ratio in a possible open cut operation. A haul road passes only 1 to 3 kilometres to the north of the main graphitic schist outcrop, and provides ready access to the all-weather Great Northern Highway (Highway 1) and the deep water port of Wyndham is 300 km to the north.
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Re: LMB - Lamboo Resources
Personally, I wouldn't touch this with a nine foot barge pole.
Google "meldex trevillion" and you will learn more.
Richard Trevillion presided over that disaster in the UK.
http://www.investorschronicle.co.uk...7A4E310BF9E12C1D7ABF8A7B8E9F6.mps-apr-03-8109
"...then to the bank
Mr Trevillion and his top team were certainly paid handsomely for assembling the new Meldex. In 2007, he carted off £700,000 including an unspecified bonus. His finance director and development director took away another £580,000. The remuneration committee which approved these exceptional packages comprised Dr Jim Murray, Peter Ibbetson and Alan Clarke. You might like to note those names, in case they crop up on the remuneration committees of any companies in which you are invested.
Meldex's own balance sheet was rather less handsome. The net cash of 2005 had been transformed into net debt of £4m, and the company also carried provisions of £8m including deferred payments for acquisitions. Meanwhile, shares in issue or under option had risen dramatically. When last counted, the figure stood at 230 million........."
Personally, I wouldn't touch this with a nine foot barge pole.
Google "meldex trevillion" and you will learn more.
Richard Trevillion presided over that disaster in the UK.
http://www.investorschronicle.co.uk...7A4E310BF9E12C1D7ABF8A7B8E9F6.mps-apr-03-8109
"...then to the bank
Mr Trevillion and his top team were certainly paid handsomely for assembling the new Meldex. In 2007, he carted off £700,000 including an unspecified bonus. His finance director and development director took away another £580,000. The remuneration committee which approved these exceptional packages comprised Dr Jim Murray, Peter Ibbetson and Alan Clarke. You might like to note those names, in case they crop up on the remuneration committees of any companies in which you are invested.
Meldex's own balance sheet was rather less handsome. The net cash of 2005 had been transformed into net debt of £4m, and the company also carried provisions of £8m including deferred payments for acquisitions. Meanwhile, shares in issue or under option had risen dramatically. When last counted, the figure stood at 230 million........."
springhill
Make the drill work for YOU
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Re: LMB - Lamboo Resources
Nice work Chakvetadze.
I can't see anything in his resume that even remotely qualifies him to run a resource company. Setting aside the fact there is no foresight shown by just jumping on the latest mineral fad.
http://richardtrevillion.emurse.com/
Nice work Chakvetadze.
I can't see anything in his resume that even remotely qualifies him to run a resource company. Setting aside the fact there is no foresight shown by just jumping on the latest mineral fad.
http://richardtrevillion.emurse.com/
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Re: LMB - Lamboo Resources
Interesting...
Interesting...
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Re: LMB - Lamboo Resources
All the moons seem to be lining up judging on recent news:- Significant Flake Graphite Intersection Assay Results from Phase 1 Resource Drilling Program, Geumam Graphite Project, South Korea:- http://stocknessmonster.com/news-item?S=LMB&E=ASX&N=785034
Capital Raising Update
Lamboo Resources Limited (“Lamboo or Company”), as previously announced on 17 February, successfully completed a capital raising of 15.283 million shares at 28c to raise $4.3 million. Due to the extraordinary demand, from both institutional and retail investors, at the time of the original placement, Lamboo has decided to adjust the placement and as such has agreed to issue a further (approximately) 5.5 million shares to raise another..... http://stocknessmonster.com/news-item?S=LMB&E=ASX&N=785267
All the moons seem to be lining up judging on recent news:- Significant Flake Graphite Intersection Assay Results from Phase 1 Resource Drilling Program, Geumam Graphite Project, South Korea:- http://stocknessmonster.com/news-item?S=LMB&E=ASX&N=785034
Capital Raising Update
Lamboo Resources Limited (“Lamboo or Company”), as previously announced on 17 February, successfully completed a capital raising of 15.283 million shares at 28c to raise $4.3 million. Due to the extraordinary demand, from both institutional and retail investors, at the time of the original placement, Lamboo has decided to adjust the placement and as such has agreed to issue a further (approximately) 5.5 million shares to raise another..... http://stocknessmonster.com/news-item?S=LMB&E=ASX&N=785267
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Re: LMB - Lamboo Resources
Up 16.5% today on volume just over 2 million
Up 16.5% today on volume just over 2 million
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Re: LMB - Lamboo Resources
Yes I noticed that. Before it opened I was waiting for it to drop to low 40's and was shocked to see it went up!
Up 16.5% today on volume just over 2 million
Yes I noticed that. Before it opened I was waiting for it to drop to low 40's and was shocked to see it went up!
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Re: LMB - Lamboo Resources
Hi TD,
Don't look at the chart presently because it might make you feel sick Joking aside, it doesn't appear that it will be slowing down anytime soon!!
Yes I noticed that. Before it opened I was waiting for it to drop to low 40's and was shocked to see it went up!
Hi TD,
Don't look at the chart presently because it might make you feel sick
Joking aside, it doesn't appear that it will be slowing down anytime soon!!
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Re: LMB - Lamboo Resources
This is painful. A few days ago I told myself to buy at 48c and didn't...
This is painful. A few days ago I told myself to buy at 48c and didn't...
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Re: LMB - Lamboo Resources
In today at 62c. I thought it held up fairly well given the overall sell off in the whole market, and it even went to 65c late in the day.
In today at 62c. I thought it held up fairly well given the overall sell off in the whole market, and it even went to 65c late in the day.
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Re: LMB - Lamboo Resources
Seriously, what the hell??
This thing hit 94.5c today! I had to check my screen multiple times to make sure it wasn't an error!
Seriously, what the hell??
This thing hit 94.5c today! I had to check my screen multiple times to make sure it wasn't an error!
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Re: LMB - Lamboo Resources
Well done Tyler I'm glad to see someone is onboard and making some good money on it - at least 30%. I see that there wasn't any notices put out to the market today but I wouldn't be surprised to see a speeding ticket being forwarded to the company if it continues to go north at this speed!!
Todays action saw it close @ 93.5c (up 27%) on volume of just over 4 million.
Regards
PB
Well done Tyler I'm glad to see someone is onboard and making some good money on it - at least 30%
. I see that there wasn't any notices put out to the market today but I wouldn't be surprised to see a speeding ticket being forwarded to the company if it continues to go north at this speed!!Todays action saw it close @ 93.5c (up 27%) on volume of just over 4 million.
Regards
PB
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Re: LMB - Lamboo Resources
Announcement released today:
- Bulk McIntosh flake sample returns concentrate grades in excess of 93% and should be upgradable to 99%
- concentrate grades from McIntosh sample are consistent with Hengda's economic run of mine flake graphite mineralisation
- LMB opens Hong Kong office to facilitate extraordinary graphite demand from Asia
It hit 86.5c on the back of this news before closing at 81c for the day. Over the last few weeks, it's settled from the highs of the 90c range since my last post, and appears to fluctuate from 73c to 80c. Hopefully with this news it won't fall below 80c again, but stocks like these seem to have SPs that die down when there are prolonged periods without any news.
Announcement released today:
- Bulk McIntosh flake sample returns concentrate grades in excess of 93% and should be upgradable to 99%
- concentrate grades from McIntosh sample are consistent with Hengda's economic run of mine flake graphite mineralisation
- LMB opens Hong Kong office to facilitate extraordinary graphite demand from Asia
It hit 86.5c on the back of this news before closing at 81c for the day. Over the last few weeks, it's settled from the highs of the 90c range since my last post, and appears to fluctuate from 73c to 80c. Hopefully with this news it won't fall below 80c again, but stocks like these seem to have SPs that die down when there are prolonged periods without any news.
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Re: LMB - Lamboo Resources
When I said "die down" I didn't mean a mini-crash.
Fell 11.72% today to close at 64c
When I said "die down" I didn't mean a mini-crash.
Fell 11.72% today to close at 64c
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Re: LMB - Lamboo Resources
Trading halt today pending release of announcement re offtake agreement.
Trading halt today pending release of announcement re offtake agreement.
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Re: LMB - Lamboo Resources
Announcement released today:
Seemed like very good news and hit a high of 87c today, but closed at 78c (up 11.43% from previous close).
Announcement released today:
Seemed like very good news and hit a high of 87c today, but closed at 78c (up 11.43% from previous close).
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Re: LMB - Lamboo Resources
Scoping study released today:
I thought this was pretty positive news, but the SP closed 1.89% lower at 78c (hit a day high of 84c). Me thinks it may have had to do with the following caveat in the scoping study:
Scoping study released today:
I thought this was pretty positive news, but the SP closed 1.89% lower at 78c (hit a day high of 84c). Me thinks it may have had to do with the following caveat in the scoping study:
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Re: LMB - Lamboo Resources
Trading halt today, reason given was "pending release of an announcement in relation to the execution of a significant corporate transaction".
The SP at trading halt was 90c.
Trading halt today, reason given was "pending release of an announcement in relation to the execution of a significant corporate transaction".
The SP at trading halt was 90c.
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Re: LMB - Lamboo Resources
Shares suspended today until Monday 7 July for following reason:
Allow the company further time to conclude the agreement, averted to in its trading halt request of 1 July 2014, in relation to the execution of a significant corporate transaction.
Shares suspended today until Monday 7 July for following reason:
Allow the company further time to conclude the agreement, averted to in its trading halt request of 1 July 2014, in relation to the execution of a significant corporate transaction.
