Afnat Resources Share Discussion Threads

[encarter] 19/2/2010 23:02

So you can buy at 1.5p and 1.7p?

[martinfrench] 19/2/2010 08:57

i would say they are buys?

[encarter] 18/2/2010 22:43

Any idea who's dumping stock and why?

[martinfrench] 18/2/2010 13:11

mkt cap 8.74 million, tempted to avderage down but they better start doing something, this is bloody lame. with the other half of uru in shares brings it level with the mkt cap, so what else do they have?

[marben100] 17/2/2010 16:47

By my reckoning AFNR currently has around £2.7m in cash, after selling BMN and MEY and investing in CDC. The URU divvy will add another £2.7m.

Cheers,

Mark

[zangdook] 17/2/2010 10:04

Does anyone know off the top of their head how much cash we're supposed to have now after the disposals?

[tebbin] 17/2/2010 07:23

This company will be in line for a dividend from its URU holding which should provide a strong cash position....plus a further divi is possible in the near future.....

[downturn] 11/2/2010 12:58

Perhaps we should request a special egm and request that we have some NWT board members. That might kick start the board into doing something!

[hadronuk] 11/2/2010 12:05

Just when you thought it couldn't fall any further......
The BOD plainly don't give a stuff for ordinary PIs.

[martinfrench] 09/2/2010 19:51

yep,

on the surface this loks a complete waste of time and i sadly initially bought twice as many here as range...but like gowboy, no point in selling, something might just come up but i hope this isnt one of those situations where the directors just pick up an easy pay cheque. but one thing is for sure, this aint no BAO, GCM of GKP is it?

[gowboy] 09/2/2010 09:00

Know what your saying tmm but I would find it hard to understand why DJW would even bother with this unless he had something in the pipeline? whether this has anything to do with the EXT story unfolding or something else, who knows. All I know is that my holding has taken such a beating that I'm just leaving it here until the change around - I believe it will come, could just be a long time coming......

[themoneymonster2] 08/2/2010 21:53

Problem is, with the likes of PRL and EML trading at massive discounts to cash and cash equivelents, what chance has AFNR got.

[l2e] 08/2/2010 21:40

thats me all out now...bad mistake by me..
the most boring and frustrating share ever since afnat change from lithic..
what a let down this one has been...
more patience needed i suppose but better opps out there eneg rrl cn ast as examples
good luck those that are left

[gowboy] 08/2/2010 17:57

Not yet but they have brought advisors in to look at their strategic investments which is obviosuly thier circa 9% holding.......

[themoneymonster2] 08/2/2010 12:38

Have POLO sold their EXT stake?

[gowboy] 08/2/2010 12:36

Wonder who Polo offloaded their shares in EXT too................

[giantpeach2] 05/2/2010 12:17

still cant trade these online since new name!!!!!! WHY

[gowboy] 05/2/2010 09:22

Yes be pretty damn strange if they didnt......lol........all part of the EXT evolving story. The plan has to be to invest in EXT through URU, wait for the story to unfold, which may not be that far away and then take the cash to make a larger investment/takeover?

[rastapastamasta] 04/2/2010 19:14

If Afnr spent the cash from MEY and BMN on URU they could buy c. 5 000 000 more shares, taking their stake in URU from c. 11% to c.16%.
And for some reason, I expect Afnr to vote with the board of URU against NWT.
rpm

[gowboy] 29/1/2010 16:04

Actually the more likely and whats posted on the KAH bb is that Afnat will purchase more URU shares to block the NWT action....

[imperial3] 29/1/2010 15:58

Could be years!!!!!

[gowboy] 29/1/2010 10:14

Time and patience folks with this one - wouldnt be surprised to see us taking a stake in Extract/Kalahari - you read it here first folks.....

[imperial3] 25/1/2010 17:53

Wow??!! Is this management going to offer us something that will propel the the share price??!! Disappointed holder.

[martinfrench] 25/1/2010 13:51

clearing up the odds and sods for an acquisition or maybe actually do some mining? now theres a thing

[giantpeach2] 25/1/2010 13:16

Would be nice to know how much that disposel added to the coffers!!!