UK 19:34 Tuesday, 27 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
11 months ago, shares in Sula Iron and Gold (SULA) went on a run from 1.3p to 7.75p, an increase of nearly 500%, due to excitement about the potential iron and gold resources at its Ferensola licence in Sierra Leone. Since then, cash has been raised and drilling taking place in order to establish two JORC compliant resources.
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Comments
CPPH
Great read Scott. As a long standing SULA shareholder and huge fan of share prophets its very encouraging to see SULA getting some air time on here. Whilst a number of risks still remain I agree completely that the potential here is enormous. Another key positive for this share is the CEO’s standing in Sierra Leone. Nick is Honorary Paramount chief of the Diang Chiefdom (where the ferensola prospect is located). He has the contacts and the clout locally that no other CEO could dream of having. A key risk when looking at exploration companies and junior miners is the political situation. For me Nicks relationships put a huge tick in that box.
Richard
Hi Scott, would you so kind kind as to give your view to the less educated on the latest RNS.
Best Regards