Yamana Gold Share Discussion Threads

[noirua] 18/6/2002 02:08

nald / chasepde: Very pleased that others have confidence like myself, there was little chance of a rise from 50p to £2-00 quickly at the time, however a rise now to 10p, then 16p, followed by 26p looks a fair chance.

[chasepde] 17/6/2002 23:17

Noirua,

Thanks, at last a modicum of rationality returns. It will not always be a smooth ride, but very much worth taking the bumps. Lets be positive.

[nald] 17/6/2002 10:42

Tony979 et.al...COMMON SENSE! TW whoever else, whatever else, able to anticipate fires, etc. Don't be daft of course not! Look at the facts now and see the potential of this business. Some surprises ahead, and disappointment for those not in it RIGHT NOW. Imho of course.

[tony979] 17/6/2002 08:23

What are you talking about?

[noirua] 16/6/2002 17:28

It is not only Assets and possible profitability that will help Auiron Energy reach £2.50 a share - a far cry from the present 5.75p - it is also the markets confidence and ratings that are so important. ( Multiply your share holding by £2.50 and you will see how happy you would be, so rather than throw scorn on the possibilty, remember that the price has been forecast in greater circles than we ).

What are the assets of Auiron Energy and future possibilities that have brought Salomon Smith Barney to make two risk assessment on the company in great detail.

The number one is the vast proven coal, iron ore and lignite deposits - the deposits exceed those bought by a consortium involving Shell and Rio Tinto from Glencore at a price of £1.75 billion. Their reserves have the infrastructure in place but the cost is not that great for straight sales and Auiron have the new Rail Extension to Darwin in place by 2004 at no cost to them. Both the Northern Territory and Southern State Governments want Auiron to deliver coal at quantities exceeding 15 million tonnes per year.

Auiron's coal reserves are so vast they will give an expanding Australia all the power it needs for over 1,000 years.

There is greater profit and greater risk in S.A.S.E. which has taken everyones eye of the ball concerning the assets of this Company which equal about 50 tonnes of coal each share. ( If the price of Am$34.5 is applied - it might not be correct - it works out at £1,165 per share - not all profit of course ).

That is the reason why certain silly billies have forced the price down, will S.A.S.E. ever be built, will Ballymoney ever get planning permission ?? They forget about Auiron's reserves.

[brad1] 12/6/2002 21:34

do we have a pipe bottom forming

[tony979] 12/6/2002 20:49

Didn't take long to bounce back, looks like we'll find out the state of play in the next 2 weeks from today's announcement. Cheap as chips this morning IMO