Share Name Share Symbol Market Type Share ISIN Share Description
Finnaust Min LSE:FAM London Ordinary Share GB00BFD3VF20 ORD 0.01P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.025p -0.37% 6.80p 6.75p 6.85p 6.80p 6.80p 6.80p 526,558.00 15:42:07
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -0.6 -0.2 - 41.25

Finnaust Min Share Discussion Threads

Showing 626 to 646 of 650 messages
Chat Pages: 26  25  24  23  22  21  20  19  18  17  16  15  Older
DateSubjectAuthorDiscuss
16/1/2017
07:38
Damn good RNS, 0n our way,
squiresquire
29/12/2016
06:58
that article was from the WSJ today
aravali
28/12/2016
23:21
Yes I too had a Donald - Donald Trump = Dump
wiseacre
23/12/2016
13:50
I reckon the next big milestone will be the resource statement
nohead
23/12/2016
11:26
I had a dump this morning. Hope this helps. Thanks.
shutittrev
23/12/2016
10:29
'dumped' = given away on the cheap!
maccamcd
23/12/2016
10:04
Stop taking yourself so seriously buoycat.
shutittrev
23/12/2016
10:02
Why do people always say dumped? The shares are a tradeable commodity and have been sold. If the price moved every time there was a trade it would be odd.
buoycat
22/12/2016
13:52
500,000 shares dumped at 6.85p without disturbing the price (au contraire). Looks like there is an institution soaking up any loose stock.
wiseacre
22/12/2016
12:12
cheers Pat.. I've been very quiet the last month. Inside on the placing, so obviously couldn't comment. some points about the placing: The Institutional investors did significant due diligence on the company, the management, with Local Greenland Govt officials, the asset potential.. and getting comfortable with the risks around the investment. If you check the recent holdings RNS.. you'll see an institution who very recently closed a very lucrative declared 'short' in Paysafe, are now invested in FAMily. it's comforting to have very smart investors on board!? Raising £8.5m with a list of about 20 existing/new investors.. more Tier 1 Institutional meetings being lined up for January/Feb to beat the drum and soak up any lose stock is confirmation of what we all knew.. but a nice verification of the potential. we can all sleep better. Attracting Mirabaud on the ticket who are specialists in Natural resource companies and their assets/potential. Bear in mind Mirabaud have raised $1bn for Kenmare over the years.. so any future funding needs to progress the other ASSETS we own shouldn't be a problem. They only got involved as they can see the journey, the kudos being involved in a money making opportunity for their investors, and for the comm it will generate for them as the company progresses its world class assets! SP Angel did a fantastic job also.. put the company in front of many institutions. Some who will invest as the company derisks itself.. we are now on some good radars. You all noticed there wasn't really a discount on this placing?? that's because the brokers/investors agreed 7p was good value and fair. Hopefully a good base to push on from with lots of news flow promised in Q1. Reducing WA Down to 19.99% was the plan.. apparently that suits them, and no other sales are expected (unless at multiple higher prices?) no idea.. but they shouldn't be considered a 'overhang' some bunff from the Mirabaud Buy note: "Based on the above we calculate a post-tax NPV8 of US$116.6m as a result of the mixture of our three different campaign mining period scenarios (see table below). On top of the risk factor for each scenario (likelihood to happen) we apply to our Pituffik sum-of-the-parts valuation a 50% risk adjustment in recognition of the risks to the early stage of the project. " Valuation (£p/share) 0.14p so this is a 50% conservative discount.. The valuation is using very conservative inputs.. if FAM do the size/grade/pricing that is the whisper numbers.. the share price valuation is more like 96p !!!!!!!!!!!!!!!! BOOM BOOM. Happy Christmas to you all.. hopefully 2017 will be just as profitable to you as owning FAM was in 2016. Peace to all men (including Richieboy!)
maccamcd
22/12/2016
09:13
Just wanted to say very well done to Macca for picking this share as been one of best on aimHe's the best stock picker I know and wish him the best Xmas everWell done Macca
patviera
13/12/2016
10:53
Watching trades is never interesting or informative imho.
buoycat
13/12/2016
08:20
Interesting trades yesterday, specifically a trade for 3,571,429. Advfn had it at 6.85. There where a number of other largish trades that went thru and I see a few this morning. Has Richie's outfit wisely concluded to close their short? Just wondering like.
shutittrev
12/12/2016
07:01
Holder since 2.2p. Almost as good as that maccamcd guy. He has made bundle. Onward and upward in my opinion. But as always time will tell. Always does!
longrod
12/12/2016
06:49
Bye bye Richie!! We will miss your antics...
longrod
10/12/2016
10:37
Snowy/ramp - WRONG. Western Areas did NOT need to sell to avoid the BlueJay bid trigger. I repeat, they were supposed to be the ticket writer for the development of Pituffik. They fact they are clearly not speaks volumes. Now I'm signing off here. Will watch from afar to see how things pan out for FAM. You all know what I expect going on Mcillree and Kuenzel's past form.
richie666
09/12/2016
23:22
This company has had its business plan pored over by whoever stumped up £8.5m! As I think about it Snowyflake, it was always in the gift of the related parties to act earlier - indeed, offering shares at 6p to get the placing away a month earlier. Would have easily got them filled. However, dilution is not their thing here at FinnAust, they have treated existing ( & their own interest) well. This placing is good news & as a shareholder since early 2015 I remain content under this management. Own opinion, Rampair.
rampair
09/12/2016
19:51
Ok, the complaint of illiquidity has been addressed by the Western Areas move, we now have other holders who took the stake. 1: addresses concentration of holdings. 2: In the event Western Areas were bought out, we, will not now be automatically bid for due to the new owners having 30% of FinnAust - very smart move on behalf of McIllree. Deferred shares were issued - as per the signing of last Decembers Pituffik/BlueJay Deal where FAM Acquired the stake in BlueJay. See: (b) the allotment and issue of the Deferred Consideration Shares, namely, 40,755,885 New Ordinary Shares on a business day elected by the Company in accordance with the terms of the Bluejay Acquisition and such date shall not be later than 12 months after the date of the sale and purchase agreement. Now, that part is complete, we have over £5m in the Bank & new shareholders who, after extensive due diligence bought over £8m of FinnAust equity - they clearly are content that this is a good deal, and fwiw so do I. We have the Monies to move forward & it shows intent to the Greenlandic authorities that FinnAust can raise Capital to execute their plans. This is a good position to be in as we enter 2017, a year where we ramp up serious studies and, 80 Years after the first discovery of the Thule Black sands, we get to start on commercialisation. Subject to Greenlandic authorities, clearly. The stated intent of Management is to use a revenue stream to move forward on our other, very promising prospects at Disko & Kanger, as well as the other, valuable, Finnish portfolio. Excellent potential there too. Big volume day, a few broker reports out today, share price Angel, & Strategic Metals & Rare Earths (12p target) they have had a Buy note since 1.88p. Now that's Research. Please DYOR, Rampair.
rampair
09/12/2016
08:59
Bouycat - it was not a portfolio position, certainly not as sold to me at the start of the year. They were the anchor financier and ticket writer. Selling out a relatively nominal sum in relation to their market cape speaks volumes to me.
richie666
09/12/2016
08:53
Western still 22.5% invested here. But perhaps just rebalancing their portfolio as any investor should rather than falling in love with a share There's no crystal ball.
buoycat
09/12/2016
07:55
Plenty of failures Snowy rest assured on that. Good rev - back in ol Blighty dear man. Suitably tanned, full of belly and relaxed. Thanks for asking Dave.
richie666
Chat Pages: 26  25  24  23  22  21  20  19  18  17  16  15  Older
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