Share Name Share Symbol Market Type Share ISIN Share Description
Ferrum Crescent LSE:FCR London Ordinary Share AU000000FCR2 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.01p +4.44% 0.235p 0.22p 0.25p 0.235p 0.215p 0.225p 7,673,061.00 12:06:42
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -1.2 -0.2 - 4.39

Ferrum Crescent Share Discussion Threads

Showing 4126 to 4150 of 4150 messages
Chat Pages: 166  165  164  163  162  161  160  159  158  157  156  155  Older
DateSubjectAuthorDiscuss
02/12/2016
11:49
I agree with most of what you say and believe that the only real short-term fillip for FCR's share price could come "IF" JT can pull a rabbit out of the hat at Moonlight, which offers the potential for cash-flow. The other possibility is that Lago could be brought into production before Toral, as it is the easier, open-cast, (and much cheaper) deposit to develop. That would provide cash-flow to FCR sooner than if Toral were the initial development target. I have no idea if either of the above two events are likely to come to fruition, but we have been promised news on Moonlight, from JT, by the end of 2016, so lets see what happens. They were obviously at the "Mines & Money" Conference in London this week,(as he did his latest podcast from there) so something may have transpired there, who knows? IMHO, DYOR, GLA.
andrea152
02/12/2016
08:22
As far as i can make out FCR has just 15 working days left this month to report back on Moonlight. Will it be a happy christmas :-)
blackss
23/11/2016
17:08
Why would people be flipping warrants a few weeks before JT's big news ? I need to plan an exit strategy now i think. My money has been tied up here too long and the share price continues to fall for all JT's talk of shareholder value. I would like to be around when Moonlight is sorted but i think GQ will be a few years minimum if Moonlight is anything to go by. we have seen that value of leases and so on is only reflected in the share price at time of sale, Companies like this on the AIM dont steadily gain value over time, they spike before they realise cash (sell).with no income at best we have to hope for limited ongoing dilution and TBH this really needs consolidation now. 1000:1 would make sense and give this a reasonable share price but then the temptation on management to continue dilution at a higher share price would be to much for them i expect. Sorry to be so negative but i am not sure where value is going to come from here now. Thoughts ??
blackss
23/11/2016
16:05
Busy old day in FCR. Luks like the last of the Warrant Flippers finally getting out, in 50m + volume. So long, and thanks for all the fish ...............! IMHO. DYOR.
andrea152
14/11/2016
15:27
Unless the previous owners of the Toral/Lago Deposits had got their geological models wrong, and Justin Tooth negotiated a very good deal. Only time will tell; that's why its exciting. I kind of hope we're both right, over the next 2-3 years ! IMHO, DYOR.
andrea152
14/11/2016
11:48
I disagree The last report still talks of Moonlight as their flagship project TBH the more i look at Toral and Spain the more i would be inclined to sell up now but i am hanging on for Moonlight. Toral may come good but it will be years before anyone see's a return on it i think. The recent "brochure" presentation could have been condensed on to less than a sheet of A4. It had very little to help would be investors like Cost or time estimates. The pictures ? A green and pleasant land, A guy emerging from a cave ? They sight 3 examples of zinc mining in spain, one shut down in 1983, one shut down in 92 and the other was 2000 years ago by the Romans ... I still think you get £350k worth of licence when you spend £350k, that is until you spend a hell of a lot more to prove it was worth more than £350k.
blackss
14/11/2016
11:00
Everything I see in the recent "Share Talk" & "Proactive Investors" Podcasts tells me that the FCR BOD think that the future of their Company lies with Zinc/Lead and NOT with Iron Ore, or South Africa. Given the prospective oversupply of iron ore and undersupply of Zinc/Lead over the next few years, who can blame them ? IMHO, DYOR.
andrea152
11/11/2016
15:25
Code 1 doesn't work anymore. Its a fallacy.
andrea152
11/11/2016
12:47
Code 1.. interesting!
laptop15
10/11/2016
15:19
I think that having to have everything ratified by the Asx is major cause of the problem. More onerous regime than AIM. Sooner we get away from an Aussie Registration and drop the JSE quote as well, the better. Plenty of other Companies have done it historically and most have benefitted, most notably Petra Diamonds, which started on Asx and is now FT Mid 250 Co, with £700m mkt cap. Losing all of the overseas Advisers and other hangers-on all saves a shed load of money too, which wud b gud news for a small Company like FCR. IMHO, DYOR.
andrea152
10/11/2016
10:45
This is why the share price has dropped, Its starting to sound a bit desperate all this enthusiasm about nothing new. Sometimes no news is good news. Toral will maybe have value more than we paid once it has a valuation of what's there in a year or so, until then it's a £360k licence. Don't get me wrong, its all progress in the right direction but it shows a bit of naivety about how the AIM works now to think this is share price moving news and worthy of an RNS.
blackss
10/11/2016
10:15
I don't think Moonlight has made any progress for the last 3 yrs. Has ANY work been carried out on the BFS ?, has ANY drilling been done on Julietta or Gouda Fontein , as per the May 2015 placing ? Have ANY talks really taken place with interested 3rd parties ? We have NO material evidence of any of this at all. (And Tom Revy certainly wasn't talking about it - just happily taking his A$250k a year salary). I really don't know where we go from here at all. Very depressing & rather meaningless RNS. All it says it that Lundin Thought Toral had 8.7m tons of ZN/Pb, which we knew BEFORE the RNS. We seem to have waited 10 months, to be told what we already knew. IMHO, DYOR.
andrea152
10/11/2016
09:02
In fairness the RNS does say In the period since completion of the acquisition, the Company has had the opportunity to further consider the NI 43-101 Report and has further developed and refined its planned work programme for 2016 and 2017. The 2016/2017 work programme includes: So developed and refined. These sorts of info releases would be better as just a press release or news on the website., i never thought i would say this about an AIM but they need to stop these RNS and podcasts until they have something new to say. Moonlight is the driver here and Toral will be the share price drag now till it reaches the state of Moonlight.
blackss
10/11/2016
08:55
Bit of an odd RNS ? Nothing new really, just a rehash of the intended work program ?
blackss
08/11/2016
12:06
Interesting to note that Steve Larratt of "Share Talk" Investorblog, was at the Walsall meeting. He was the forensic analyst who got 88E very, very right, so it will be interesting to see what HE has to say about FCR, if anything. IMHO, DYOR, GLA.
andrea152
07/11/2016
15:38
Well, if Toral/Lago drills up to 2.5bn Lbs of Zn/PB + Silver credits, as Lundin mining ( a previous owner) thought they wud,in 2006, that would be worth circa US$ 2.8bn at current Zinc prices, which wud certainly be a commercial mine, especially with good grades, which the now closed Rubiales mine just up the road, always produced. Even 1% of that wud b worth around 1p per share, even with 2.257 bn (fully diluted) shares in issue. It shud be worth a lot more to any potential trade buyer. Rubiales was highly profitable and run by Teck for 15 years, even with lower Zn prices at the time. For me, Moonlight is just too small @ 308MT (unless Julietta & Gouda Fontein can be drilled & found to have something meaningful) and also in the wrong metal, in the wrong Country. IMHO, DYOR, GLA.
andrea152
07/11/2016
15:25
Hope so Sam, maybe it would be better to be surprised at the time :-) rather than twiddling our thumbs because we have an expectation ?
blackss
07/11/2016
14:52
Black I agree with the above but to be fair about the presentation i don't think it was very well advertised and could have been promoted a bit better. I found out through someone who told me probably about ten days prior and looking at the BB's i think it was only a few who mentioned it last minute. There is no date is there as yet for the new sharetalk interview? i would hope that is after the next RNS as there will be something new to discuss which after all these pending updates shouldn't be too far away ;-)
firemansam4
07/11/2016
14:31
I agree re: Miners andrea :-) but then i would expand that to cover a fair % of all AIM companies in general. No one ever said it was easy money, rewards can be good but losses can be horrendous. High stakes i think its called .... I feel sorry for JT because he is giving it his all and many AIM directors couldnt give a toss as long as they get paid. I think maybe he needs to crow about what's been achieved rather than what's round the corner ? You can often be setting yourself up for a fall with predictions and time lines like "before Xmas". Maybe then we would have a planned strategy that we could look at and relate to this pending news. I also agree re: Zinc. We need to get some figures as i suspect most potential investors will be thinking, If Toral/Goldcrest was worth 360k then why should it be worth more now we own it ? Bottom line is i hear the presentation was not well attended, we have had no news on the Analysts visit, the purchase of Toral actually "hit" the share price when many were predicting sizable gains... the only good news is remarkable little news from Moonlight which does imply something is going on in a perverse way :-)I favour a JV, i think Moonlight is still the core product and if that was offloaded i cant see Toral being nearly enough to warrant the company, the staff or 2b shares TBH.
blackss
07/11/2016
12:41
I've been doing this a long time too, and I've only ever seen 3 AIM -listed junior mining companies make it to the genuine big time for shareholders. In all 3 cases, it was the drilling and actual mining results which created the success. That, and management who were genuinely working for shareholders, rather than just themselves or Advisers. Does Ferrum hav the ability to do this ? , I believe that it does, but the Management Team will have to be expanded and ultimately, they need to lose their Aus Registration and quote, together with the JSE quote and all of the hanger-on Advisers, which cost FCR a small fortune in fees and endless telephone calls. I think that Toral/Lago WILL work, but that Moonlight needs to be traded out or JV'd ASAP. Iron Ore is NOT the future - there is far too much of it around in Australia & South America - Zinc is - its in short supply and the end-user demand is rising. Merlin Marr Johnson seems competent and honest and has considerable experience of the Zinc mining industry. JT founded the Oxford Mining Club many years ago and has much experience of the whole junior mining industry. Most Brokers/Nomads are completely useless and only interested in fees from placings, in my experience - they are ALL the same. IMHO, DYOR, GLA.
andrea152
07/11/2016
10:29
andrea JT would do better to get his broker (Beaufort Securities Ltd) working. They will have better access to the commercial money and ears. These podcasts and presentations are preaching to the converted at best, they certainly are not helping the share price I see now another podcast is on the cards ! unless he has something earth shattering new to say i really think these broadcast will become detrimental soon. We need clear projections, timelines and fundamentals to persuade people to part with their money. I have held too many stocks with management who have great things happening that they can't tell us about....People get wary of this very quickly. The time for podcasts is after you have done a deal, not before when you conveniently can't actually tell anyone about it. I do appreciate he is doing his best to talk this up but i'm afraid it doesnt work like that, facts and figures please.
blackss
07/11/2016
09:57
U were pretty much right about the Walsall meeting Black ! Ho hum !
andrea152
02/11/2016
16:20
Sorry Sam ,i would have 100 questions but i know it will be "I'm not at liberty to discuss that at the moment" or some excuse. I'm just waiting for one sign JT is actually going to achieve what all before him have failed to do and then i might have a slightly less jaundice attitude :)
blackss
02/11/2016
13:51
Black More questions for Friday!
firemansam4
02/11/2016
10:44
Not a lot of feed back from the analysts visit either ?
blackss
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