We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Ferro-alloy Resources Limited | LSE:FAR | London | Ordinary Share | GG00BGDYDZ69 | ORD NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 5.25 | 5.00 | 5.50 | 5.25 | 5.25 | 5.25 | 13,301 | 07:42:15 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
---|---|---|---|
22/12/2023 10:03 | Surprised David Burton hasn't shilled this yet. | shortcpx | |
22/12/2023 08:11 | Another cracking update from NB, further delay, how much confidence is left for them to ever complete the FS and build the processing plant ? NB needs to resign IMO | thomas11 | |
10/10/2023 17:36 | And released in the early afternoon too - Not surprised the share price fell - | pugugly | |
10/10/2023 17:14 | Another typical NB delay, not surprised people are losing confidence ? | thomas11 | |
11/9/2023 16:58 | Starting to sound a bit cliché now with concentrate supplies. Since q1 we have been told that supplies are just about to match capacity but have been held up. But don't worry, were expecting a well supplied q4! | t_headder | |
11/9/2023 12:56 | Shame the share price doesn’t reflect your positivity. It’s in the doldrums due to the likelihood of further shareholder dilution and the possibility of VB pulling out. | ttlance | |
11/9/2023 11:54 | Same old jam tomorrow, NB looking forward to a much improved next quarter. Does he think we are stupid!! Time for him to exit. So many inconsistencies with his comments, an investor doesn’t have any confidence with these news releases. Shocking loss again and feasibility study now expected next April at the earliest. I’m now starting to think VB may well pull their investment. | ttlance | |
11/9/2023 07:52 | "Overall loss for the period of US$1.5m (2022: loss of US$0.7m)" Say no more - Trying hard but outlook very foggy - | pugugly | |
23/8/2023 16:56 | Wilo101 of course the current plant is relevant. More shares issued means the company has to generate more free cash flow in order to maintain the earnings per share which ultimately dictates the company’s dividend yield. If the plant isn’t profitable by 2026 there is likely to be another 400m shares issued and that’s before further dilution that far are proposing in order to fund the build. All of these shares being issued will give a market cap today of the equivalent of circa 30p but the share price will remain at todays current 10p due to the huge amount of shares having been issued. | ttlance | |
23/8/2023 16:46 | Mesb48, the problem is the uncertainties of RNSs released, one minute NB is saying all is well and a corner has been turned and then the next minute he drops an announcement like the last one. It’s certainly not helping potential investors from investing. I for one won’t be investing further until they have shown that they have consistently turned a corner. I don’t think the feasibility study release will result in a major sustained rerate in the share price, solely because of the ongoing risk of shareholder dilution until phase 1 is operational, which is likely to be late 2026, possibly 2027, if it goes ahead. | ttlance | |
23/8/2023 16:18 | nothing to worry about, existing plant irrelevant in the big picture and long run | wilo101 | |
23/8/2023 15:47 | It’s a shame this has turned out the way it has. When the VB deal was announced many moons ago, I honestly had high hopes they’d be further forward than things are now. I guess loads of other companies experience delays in producing feasibility studies, so that shouldn’t be a surprise. The problems with the raw material supply for the existing plant are harder to assess, having never worked personally in a region that even comes close to being similar, it’s also hard to be too judgmental I think. | mesb48 | |
22/8/2023 01:45 | of course they would love to buy more, and on the cheap, they are not an altruistic investor and no doubt dream of control | wilo101 | |
21/8/2023 22:02 | TT, Did he..ah ok | jailbird | |
21/8/2023 20:52 | Jailbird, cyber bailed out a while ago | ttlance | |
21/8/2023 10:02 | Wilo Thats a lie unless you can prove it. VBR cashed up? ,they raised multi millions a little while back. Vision blue have just raised another $650 mill for investments | jailbird | |
21/8/2023 09:32 | VBR would love to buy more and are cashed-up | wilo101 | |
21/8/2023 09:00 | This isn’t irrelevant at all, as jailbird has mentioned this continual loss will result in more dilution. The concerning thing is that phase 1 is unlikely to be operational until late 2026 at the earliest due to FARs history of not hitting timelines. This means we will have continual share dilution until then again based on FAR not hitting its production targets. I was thinking by the time phase 1 is operational there may be 1 billion shares in issue but this could be significantly more now. I won’t be investing any more until I’ve seen at least 2 quarters of sustained high production. | ttlance | |
21/8/2023 08:15 | Wilo Not irrelevant at all in the scheme of things unless you like to be diluted away because of continuous failed targets and incompetent BoD. This has become normal behaviours and process for junior miners. Only thing is normal, is that your shares are going to be diluted away and then you best hope the DFS is feasible one. Good luck with trying to raise debt and huge amounts of money it this climate I think VBR have realised, this was a mistake too | jailbird | |
21/8/2023 08:06 | All irrelevant until the BFS is signed off, approved and published, the current plant was just a trial plant to prove the process and they kept it and made it a small business but a side-show in the scheme of things, and transport and logistics have always been a challenge in this land-locked region, and exacerbated by the R-U war. | wilo101 | |
21/8/2023 08:06 | Opened 18% down - Expect further falls during the day - | pugugly |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions