Finders Resources Share Discussion Threads

[grazzer] 17/10/2010 12:34

looks like finders is finally poised for its rerating - long overdue ... next week should be interesting ...

[jonny flame] 16/10/2010 09:09

Harvey,

Check out Chips estimates (below link) although please note that this does need to be updated.



I concur with coffeelito, my time frame on this target is the back end of 2011.

Regards,
JF

[coffeelito] 15/10/2010 16:42

Well I'm targeting £1.

[harveydee] 14/10/2010 09:47

Including options etc. I calculate there are currently about 280m shares of fnd in issue. If we target 50p share price that's a valuation of £140m. Further fundraising(s) will add to the Market cap of course. What sort of Market cap do others here feel is a realistic target ? Thanks.

[someuwin] 14/10/2010 09:05

Good to see this one starting to pick up lately.

[jonny flame] 14/10/2010 07:30

O/T thanks for your feedback soulsauce, I see CFC/SORB as very much long term investments (the share price gains will come in 2011/12), CFC will probably pay me a divi next year and both stocks give me direct exposure to China and offer great opportunity for future growth. SORB may become the worlds leading Sorbate producer, which interests me (the share is extremely illiquid). People will always need to eat :) and about 43m Chinese people each year are moving from the countryside into the urban environment, it's the largest mass migration (in peace times) of people ever. I'm a bit sad really, not much to do where I live so I spend a significant amount of time looking at AIM stocks, I love finding out about new companies, countries and markets.

Getting back on topic, nice to see these small daily rises down under for FND, up another 2% to 0.440 AUS $ which equates to 0.274p GBP. So perhaps we will see the mms tick this up today?

[soulsauce] 14/10/2010 03:14

Sorry for O\T.

JF looked at those two CNC & SORB. Must admit they are a bit out of my comfort zone as know little of the food industry and chinese based companies.
Having said that, although I won' be investing, they look very interesting, particularly CNC.
Turnover & profits up and director buys and as yet off the radar. Looks as though you might have picked another couple of winners, how do you find them?

Good luck with them m8.

I treat myself to some ASX:JMS tonight, looks as though I dropped on nicely. RRR have a decent stake in them.

[jonny flame] 13/10/2010 16:17

With POG at 1370 US $ an oz and Ojolali being attributed virtually know value I'm very much looking forward to this update;



"Upgrade to Resource estimate and scoping studies for completion Q4 2010"



Finders' current exploration strategy is to increase the oxide gold resource to +300,000 oz Au equivalent, to provide the basis for a low cost 30-50,000 oz gold per year open pit mine based on the Jambi oxide resource, and to use the cash flow from this plant to fund exploration for additional resources and progressive expansion of the project.

[soulsauce] 13/10/2010 14:02

JF will try and take a look tonight - cheers.

[jonny flame] 13/10/2010 07:54

Finished up over 3% on the ASX, closing price at 0.430 Aus $ which equates to 0.267p

[jonny flame] 11/10/2010 15:55

O/T - Hi Soul, not trying to entice you but if you get some spare time could you have a look at SORB, I spent the weekend researching it and CFC and like what I see. Been buying both of them today, as long term holds. I have been watching both shares for quite some time and really want some direct exposure to Chinese growth.

Best regards,
JF

[soulsauce] 11/10/2010 09:48

Taken a few more of these today ;-)

[hectorp] 11/10/2010 08:00

chip, that would make you a Gentleman of Verona eh?
though flats down in Croatia will be less expensive.


JF, noticed, really starting to move at last :-)

[jonny flame] 11/10/2010 06:12

Up 6.5% so far on the ASX.

Closed up 7.89% - 0.410 AUS $ which equates to 25p GBP.



I'm wondering if this is the last we will see of the share price being below 20p GBP.

[chipperfrd] 06/10/2010 17:49

Hi JF,

Had a great time thank you. I have become quite interested in buying an apartment in Verona after spending some time there. But then fell in love with the Dalmatian coast - so another trip is called for :-)
Chip

[jonny flame] 06/10/2010 17:13

Welcome back Chip, hope you had a nice relaxing break!

[chipperfrd] 06/10/2010 17:09

I can also confirm these are ISA'ble, as is any AIM stock that has a dual full listing on a recognised exchange (ie ASX, TSE, et al).
Chip

[hectorp] 06/10/2010 17:03

I should ISA mine then . I cannot see why I have not yet done so.
Looks to be another possible turning up time for the company. I realise we are in here for possible multiple gain, slow as it has recently appeared.

[affc21] 06/10/2010 16:43

Cheers for the replies, so that's another plus point.

Thanks

[jonny flame] 06/10/2010 16:41

Thanks guys.

[engelo] 06/10/2010 16:33

Yes also in my ISA Hargreaves L.

[soulsauce] 06/10/2010 16:24

Yes they are in my ISA with Selftrade no problermo.

[jonny flame] 06/10/2010 16:19

Hi affc21, good question!

Can anyone answer this? FND are listed on the ASX and AIM so doesn't this automatically mean that they are ISAable? You could always try contacting the company, management are investor friendly and have always replied to my emails.



Best regards,
JF
P.S nice tick up, I'm beginning to feel that FND may start to have a more serious move one of these days.

[affc21] 06/10/2010 15:59

Hi, are this companies shares ISA'ble?

Had a quick scan of this thread, but not able to find an answer to my question.

TA