Asa Resource Share Discussion Threads

[mreasygoing] 08/11/2016 12:25

Someone's quick to buy.

[moonwizz] 08/11/2016 12:23

Buyers back

[casabella2] 08/11/2016 12:21

Somebody not too keen on results.

[tidy 2] 08/11/2016 12:10

Gone south

[the stigologist] 07/11/2016 23:06

Nickel breaking $5/lb

massive

[tidy 2] 07/11/2016 19:35

This is true. The majority of holders obviously see value and class ASA as a true investment with real growth. The bod are doing a sterling job. Bought more today albeit not a huge amount but IMO money well placed

[mreasygoing] 07/11/2016 19:26

The last thing we want is a share price spike.

[tidy 2] 07/11/2016 18:39

The share price may not be flying right now but the progress the BOD has made and are making to rein a secure future for ASA and investors is certainly on the right track. The markets are in limbo with the US elections likely being the main cause right now so once these brakes are removed it's likely the true value will be seen here. Amazing value here for what ASA has and only £38m Mcap. Producing Gold, Nickel and Diamonds with increasing & better returns. Great forward looking statement also.

[juju44] 07/11/2016 16:56

Nah , just a bad day while the crooks manipulate Hiliary into the white house. This will do well

[casabella2] 07/11/2016 16:51

Not with this share price though.

[juju44] 07/11/2016 16:50

Strong finish with nickel .

[tidy 2] 07/11/2016 14:23

Read today's RNS. All to buy and hold for.

[tidy 2] 07/11/2016 11:23

ASA Gold RNSGold sales were 10% higher at 15,904oz in Q2 FY2017 (Q1 FY2017: 14,463oz) -- Average head grade increased by 16.3% to 2.28g/t (Q1 FY2017: 1.96g/t) -- Tonnes mined increased 13% to 363,082 t (Q1 FY2017: 321,630 t) -- Tonnes milled decreased by 4% to 262,633t (Q1 FY2017: 274,474t) -- Recovery rate increased by 2% to 84% (Q1 FY2017: 83%) -- C1 cash costs were 5% lower at US$944/oz (Q1 FY2017: U$993/oz). -- All-in sustaining C3 costs decreased by 3% to US$1,115/oz (Q4 FY2016: US$1,153/oz) -- Average gold price was 5% higher US$1,341/oz (Q1 FY2017: US$1,275/oz) -- New replacement LHD [loader] arrived on site in the latter part of Q2 -- New CIL Plant 2 milling unit on target to come on stream in Q3 FY2017Ticks all the boxes

[tidy 2] 07/11/2016 11:22

That's a small gap no worries

[juju44] 07/11/2016 11:01

sell on the news brigade being flushed through and gap closed with the bid back at 2.20 . I hate gaps as they are almost always revisited . Ignore the noise , this is going one way

[billthebank] 07/11/2016 09:37

Havent read the full report yet but we are valued at £40M and are bringing in £20M per annum.A move in Gold to $1500 and we are talking £30M $1800 and we are delivering £50M per annum Undervalued I think we are!!!! All cause part of the company is linked to Zimbabwe. I can wait.

[juju44] 07/11/2016 09:24

not overbought on tech indicators and bull flag on chart - bring it on

[mreasygoing] 07/11/2016 09:19

Nice to see some positive stuff.

[the stigologist] 07/11/2016 09:13

Nickel at $4.95/lb

on the cusp of a huge breakout 52 week high





If Nickel breaks out and goes back to 5 year high's ASA would be making $100m+ profit a year from BNC alone

[luckymouse] 07/11/2016 08:56

Nickel oversold compared to the ind metal basket index

[tidy 2] 07/11/2016 08:52

Nice investment and impressive upside.

[jailbird] 07/11/2016 08:49

They RNS' are well prepared and presented.

[plasybryn] 07/11/2016 08:41

This is a real turn around stock with so many arms that mitigates risk.
Due to the history or whatever it seems to present amazing value which is surely going to be recognised over the next 6 months as investors wake up to the potential.
There is a lot in today's RNS, but it is clearly set out & those who do their research will see how this Co. is now being managed to reduce costs & increase production, meaning the leverage together with improving commodity prices makes this a stock to take seriously for the future. DYOR . Just my opinion.

[the stigologist] 07/11/2016 08:26

Today should be start of the pennant break out

$40m annualised cashflow (on these historic figures but they've also told us
Second Half of Financial Year should be better
+ $120m of annual costs they want to reduce
+ Potential insurance payout)

[juju44] 07/11/2016 08:22

All those that said this was finished when the Chinos dumped Mpinga sure got it wrong