Asa Resource Share Discussion Threads

[tidy 2] 13/10/2016 18:41

They're controlling this now. What's the 3% trigger point

[juju44] 13/10/2016 17:55

Lots of big buys recently but no RNS . Wonder why / who ?

[tidy 2] 13/10/2016 17:48

£121k buy full ask 11/10/16 delayed 2.45p

[tidy 2] 12/10/2016 21:01

Stainless steel is a core driver of demand for NICKELStainless steel surge impacts nickel and ferro-chrome:http://reut.rs/2du3pTj

[tidy 2] 12/10/2016 20:24

Vale Indonesia said that easing the ban risked flooding the overseas market and undermining prices. The proposal had also irked some Chinese investors who had spent billions of dollars on smelters in Indonesia, according to Jonatan Handojo, vice chairman of the refining industry association.Nickel prices advanced as much as 1.9 percent to $10,620 a ton on the London Metal Exchange on Wednesday, the highest in more than a week, and traded at $10,615 by 3:23 p.m. local time. The metal fell to a low of $7,550 in February, the cheapest in more than a decade.Posted on lse

[tidy 2] 12/10/2016 20:23

STAINLESS STEELNotice demand 4 stainless steel is surging great 4 nickel as this is one of the components of this metal,strongly believe nickel will move much higher soon

[tidy 2] 12/10/2016 16:35

Nice little 850k buy slipped in there

[asmodeus] 12/10/2016 16:13

What is SOLG - and does it relate to this thread?

[taxibabe] 11/10/2016 22:37

UP in a big way. This has 15-20p written all over it on the way to 40p

[blueball] 11/10/2016 18:57

SOLG up another 10% today.

[juju44] 11/10/2016 14:35

Nice , we are off again. Now we must avoid double top

[jailbird] 11/10/2016 09:34

Just Monitoring the trades over last couple of days It does seem that someone is mopping up the sells .. anyone agree?Another 700k @2.5p

[tidy 2] 11/10/2016 09:06

Fwiw. He's one of the genuine good guys that steered me to ASA

[the stigologist] 11/10/2016 09:04

BaronsDayTrading had meeting with ASA Management recently

Seems more legit than most twitter operators

[redtrend] 11/10/2016 08:45

Who is BDT and what meeting are you referring to?

[tidy 2] 10/10/2016 21:33

From last thurs. Spread at time 2.25/2.35 = 6.25m buy 2.344p. Seems deep pockets having their orders filled. BDT has info on instis loading up from a meeting he attended. All good. That's circa >20m shares in tranches scooped up. Underpinning nicely.

[jailbird] 10/10/2016 21:14

Anyone spot the 6.25m trade Be interesting where we go tomorrow

[luckymouse] 10/10/2016 19:29

:) fun reading down

[tidy 2] 10/10/2016 17:32

6.25m delayed buy from Friday. Paid over

[redtrend] 10/10/2016 14:26

Based on last RNS, within the next 5 months the Smelter should be restarted, as long as Nickel maintains price of 10k/tn.

Notwithstanding the recent run-up in SP, I still don't think Market Cap of £40m reflects ASA's true worth, particularly if we are starting to see more investment/ business friendly Zimbabwe government which country desperately needs:

a) Freda producing 70K oz per year Gold at AISC ca. 1,000-1,050
b) Bindura producing 8,500tn Nickel at AISC ca. 5,000/tn (profits rise exponentially with Smelter restart, as current Glencore Offtake Agreement ASA realise 65% spot price. With Nickel products from Smelter, on avg. will realise 85% spot)
c) Zani-Kodo - 3m oz resource at 3g/t grades
d) Positive leftfield surprises from other assets not factored into SP: drilling results in DRC copper belt from Hailang, commercialisation of Agriculture and Diamonds, Third Party Agreements with PGM miners to use Smelter

[tidy 2] 10/10/2016 13:52

Yep full ask. 6.5m 7 tranches bought