1223 days ago
Berkeley Energia (BKY) has announced progress including an authorisation renewal and the Spanish Supreme Court rejection of an opposition appeal against its Salamanca uranium project.
1364 days ago
Berkeley Energia (BKY) “notes that the Board of the Nuclear Safety Council has issued a favourable report for the extension of the validity of the Initial Authorisation for the uranium concentrate plant as a radioactive facility at the Salamanca project following a board meeting held on the 22 July 2020”…
1499 days ago
Berkeley Energia (BKY) has reported on its half year ended 31st December 2019 as it “continues to engage with the relevant authorities in a collaborative manner in order to facilitate the timely resolution of the pending approvals required to commence construction of the Salamanca mine”…
2001 days ago
I am contacted on twitter, as you can see below, by a man claiming to live in Spain who opposes Berkeley Energia (BKY) and its plans to create thousands of jobs at Salamanca. I do not wish to deny the poor the dignity of work this chap does. Follow the thread for it ends with a clear threat - I should stay away from the project...
2095 days ago
A latest quarterly report from Berkeley Energia (BKY) includes “the government of the region demonstrated its continued support for the Salamanca mine in June when it rejected a resolution from opposition groups requesting that the company's potential €250 million investment be halted”, though also there’s been “issued a notice to the municipality recommending that the Urbanism Licence should not be awarded until two outstanding items regarding the licence are resolved”…
2769 days ago
Berkeley Energia (BKY) has announced it has signed a Letter of Intent relating to the sale of the first million pounds of production from its Salamanca uranium project – with an average contemplated price of above $41 per pound comparing with the current spot price of around $25 per pound. Way to go!. No wonder we are c150% up on this share tip!
2787 days ago
We already know that Berkeley Energia's (BKY) Salamanca uranium resource in Spain is commercial so does it really matter if it serves up more good drill grades?
2837 days ago
We tipped Berkeley Energia (BKY) at a 20p offer - the shares are now 39p-41p after the publication of a Definitive Feasibility Study (DFS) confirming that its Salamanca project in Spain will be one of the world’s lowest cost producers capable of generating strong after tax cash flow, even during the current low point in the uranium price cycle.
2918 days ago
Berkeley Energia* (BKY) has updated that a definitive feasibility study on its Salamanca uranium project “is well advanced and is due to be published in June”, with the company’s confidence emphasised by the commencement already of initial infrastructure work at the project.
2988 days ago
Berkeley Energia* (BKY) has announced the commencement of a major exploration programme at its Salamanca project following an extensive geological review. The shares are a buy.
Based on recently reinterpreted geophysical data and historical drilling information, the review is noted to have identified eleven new targets which have the potential to host the new style of mineralisation discovered at the ‘Zona 7’ deposit. Two rigs have commenced the programme, with the other targets to also be tested over the next few months.
3066 days ago
The now-named Berkeley Energia (BKY) has updated that “optimisation studies have commenced on the Salamanca project which are expected to reduce the operating costs making it amongst the world's lowest cost uranium producers once developed”
3090 days ago
I know that the news from Salamanca last week was big but this big? Big enough for Numis to up its target price for shares in Berkeley Energy (BKY) from 40p to 100p? The shares are now 26.5p? Really?
I think the shares are cheap but my target price is only 36p. But then I am not paid to act as corporate broker to this company. Numis is. The note is worth a read but 100p? Numis is surely 'avin' a bubble.
3093 days ago
In an announcement entitled “Zona 7 transforms Salamanca project economics”, Berkeley Energy (BKY) has announced the results of a pre-feasibility study which shows “the project now has a Net Present Value of $871.3 million (£580.9 million) with an internal rate of return of 93% based on a discount rate of 8% and a long term uranium price of $65 per pound”
3118 days ago
Berkeley Energy (BKY) has announced an updated JORC compliant mineral resource and reiterated that “the inclusion of the important Zona 7 deposit is expected to fundamentally improve the economics of the Salamanca project, even at current uranium prices, by significantly increasing the mine life, the production rates and by reducing the operating costs”
