Amara Share Discussion Threads

[seball] 19/10/2015 21:56

Looks like stops have been taken out. Great buying opportunity ahead of news in November.

[onedayrodders] 19/10/2015 20:42

Not sure the 4 director buys recently point to a placing.

Was a bit abrupt today though

[edjge2] 19/10/2015 19:05

placing fear?

[seball] 19/10/2015 16:09

Tipped in shares mag.

[onedayrodders] 19/10/2015 15:07

ouch ... We seem extremely closely correlated to the POG

[amargosa] 19/10/2015 08:20

I was answering your question in 2899.

[onedayrodders] 18/10/2015 17:52

Why not email the company with your question

[amargosa] 17/10/2015 13:56

Latest presentation (Oct) now on the amara website. Again no mention of the date for issuance of the Yaoure FS.

[bc4] 15/10/2015 13:17

More director buying

[onedayrodders] 14/10/2015 10:33

Nice generous spread Mr MM

Grrrrr

[amargosa] 12/10/2015 13:05

From the 2014 accounts:

I look forward to updating you on our continued progress over the
course of 2015, including delivering the PFS in early Q2 2015 and
the BFS in December.

The latest Company presentations have a schedule that details the BFS to be done by end H1 2016; at least the Aug 2015 presentation has the schedule, the Sep presentation doesn't.

[onedayrodders] 11/10/2015 18:20

Hi all ... just started looking at this and trying to play catch up.
Reading back through the RNS's I read at one point the BFS was scheduled for this December but now they quote due in 2016.

I cant see when and why it's moved and also they don't quote any part of 2016 ?

'Amara will commence work on a BFS for Yaoure, which is expected to be delivered during 2016.'

Why cant they indicate which quarter at least

Thanks in advance

ODR

[gavinbell] 10/10/2015 23:38

AGREE. I hope JLP and WRES will multibag this month and make me forget about the pain in AMA


BIKWIK
9 Oct'15 - 15:56 - 2895 of 2897 0 0


Well, I see that Amara has wasted no time

[onedayrodders] 10/10/2015 19:46

richgit ..quick question over on CGH

[richgit] 10/10/2015 13:16

I suggested some time back that I think the biggest fight for stock will come
at the 20p level.


When the Gold frenzy starts,it will be a with a whimper,yet even that will push
many up a huge percentage.


It may become a case of the last man standing on AIM,if any more opportunist bids are tabled,and I daresay PI`s cannot see the dream/foresight of the value of the last man standing (if it comes to that).

Needless to say,all things being equal,it will be multiples for whichever stock
(or stocks) that are available,and if Gold finally breaks the shackles of the Pure Worthless Paper Fraudsters the valuations may not stop rising for years.

I daresay the next required backstop for the Fraudulent Banks and their leveraged derivates carnage will rise from near $500Billion to $1 Trillion and that could surely need another round of QE or should it be WAP (worthless assetless paper)


IMHO

[bikwik] 09/10/2015 15:56

Well, I see that Amara has wasted no time

[seball] 08/10/2015 13:55

Thanks Bikwik, risk reward at these levels look worth it.

[bikwik] 08/10/2015 11:03

Just following on from my previous (longer term) chart and comments:

As you can see, Amara held onto major support at 8.75p last month, the 13th month from the 2014 peak. So, if time equality with the 13 month upswing from the July 2013 low follows, which it looks like it should, then the next course of direction is up.

What was good, was the false downward break of the level shown with the black arrow (about 9.5p). False breaks are good because they represent a turnaround in sentiment from the mood and direction that preceded it. Often major moves begin from false breaks, that is also why they are worth keeping an eye on.

Also, the MACD shows bullish divergence with the share price and has just given a buy signal. This fits in nicely with the false downward break. Plus i like the orientation of the 20 and 50 day moving averages which are converging and look ready to turn up fairly soon.

I have drawn three thick red resistances lines on the chart. The downtrend is the first one to clear ahead of a tightish zone of resistance around 13p-14p.
However, before those we need to breach the small horizontal resistance at 10.5p, shown by the thin red line.

Given all the technical evidence so far, i'd say the chances of getting to 13p-14p, quite possibly before the end of the year are very good. Of course, it is also quite possible too that we could see it get there well before then.

I'd say also, that the improvement in the gold price, particularly after the FED failed to raise interest rates, and particularly expectations of being unable to do so at least until the new year, suggest strongly for gold to continue trending higher.

[bikwik] 08/10/2015 10:39

latest CHART UPDATE:

free stock charts from uk.advfn.com

[seball] 08/10/2015 10:08

Quite here with expected news flow. Undervalued at this price I have bought in. Good luck

[seball] 07/10/2015 09:14

Doing some research here, looks like a takeover target at these levels. Resource update Novemeber expected to be positive. Could see a rerate here.

[amargosa] 02/10/2015 10:47

You can say that again!

[morro] 30/9/2015 11:07

Good to see John McGloin buying again, and hopefully there will be more from the Directors. Links nicely to Bikwik's excellent technical analysis.