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FGML Falkland Gold

4.25
0.00 (0.00%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Falkland Gold LSE:FGML London Ordinary Share FK0020041496 ORD 0.002P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 4.25 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 4.25 GBX

Falkland Gold (FGML) Latest News

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Falkland Gold (FGML) Discussions and Chat

Falkland Gold Forums and Chat

Date Time Title Posts
15/3/201516:41Falkland Gold and Minerals2,097
02/1/200612:04Falkland G & M - will the South African connection make this a 10 X bagger ?!?!?70
08/12/200418:32Judgements Day is Here2
08/12/200417:33Judgement Day is Here-

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Falkland Gold (FGML) Most Recent Trades

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Falkland Gold (FGML) Top Chat Posts

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Posted at 08/9/2009 20:20 by debbie shields
OK lippe ~ i get yer ~ FGML now BPC of course are set to merge with PRE....nice one!
Posted at 06/9/2008 03:30 by gg123
With the share restructure has 1 FGML share now become 1 BGY share?
Posted at 29/8/2008 08:42 by strategist
des were £5+ but there were only 50 million shares in 1998 today there are over 260 million so your not far off the mark. Value of company today is around the same or certainly was at the recent £1.08 peak. Saying that oil price is 5 times what it was then so perhaps its still reasonably priced. Then again Oil price has trippled since BPC signed up the Behamas gov in 2005 for a lease which at that time was essentially worthless and now, suddenly, has acquired a value of £31 million> as AMBRIAN state on their website "creating value in the resource sector". Not sure why they think its worth that much on the back of the tripled oil price and $2.4 million of seismic evaluation. Suppose its something related to there contacts in the oil industry and the likelhood that at some point they will secure a farm-in based on hudds connections.
Posted at 28/8/2008 19:53 by corrientes
I don't know but suspect that the DES cap today is not much different to what it was in 1998 before the price collapsed on the back of oil indications only. ie unless there is a huge find the share price will drop like a stone. Too much of a gamble for me this time round. Rate the North Basin, where the big boys drilled, because of its more hospitable environment over the FOGL areas. I was very lucky 10 years ago with GRWA,WTE and DES !
Posted at 27/8/2008 17:30 by corrientes
I think those in the know were aware there was no gold in the Falklands but as FOGL was floating at about the same time, I seem to recall, they thought they could also take some punters money on Fgml.I must confess I did buy FGML but sold it for a small loss as I got cold feet.

My biggest loss was taking up shares in an IPO recommended by a Broker, and then adding later ! I was stupid enough not to realise that if Joe Public ever gets a look in at a small company, it means the company can't get funds elsewhere because it hasn't got a cat's chance in hell of ever coming good. Silly me.

If this rehashed FGML does manage to get a substantial partner, i think a rumour will be put out to push it up a bit, then I will sell, as I bought at 4.5p.

As you say, AIM is for crooks in suits.At least in the USA they often get sent to prison. Here they get a gong.
Posted at 27/8/2008 13:26 by strategist
The other thing to remember corrientes is that a lot of people bought fgml when it first floated thinking that there "would be a run" and it too had a value of £31 million ish. What happened was that they never had a run and dropped preciptiously! As far as I am concerned only the story has changed the game remains the same
Posted at 26/8/2008 15:21 by strategist
Yep and its done wonders for the share price lol.
One sale of £2ks worth and the price crumbles.
Obviously, heavy retail and institutional support,
I doubt whether this will be anywhere near worth
31 million when it floats as BPC. Fair value, at the
moment given all the variables - £10-15 million max
or 1.25-2p
Posted at 19/8/2008 16:47 by corrientes
No use saying this at the nadir when things were already bad, and what did you expect anyway. The time to criticise was at the zenith.I suspect it's not all doom and gloom however with a change of direction The share price has actually managed to go up a tad today in this scared and fearful market that seems to be indicating armageddon directly ahead.

Mind you I can see armageddon for this country if there isn't a cataclysmic change in the way it conducts itself. Still all these gold metals - that'll convince the peons that we're the greatest - the peons being New Labour.
Posted at 15/8/2008 09:59 by whoppy
There's the answer then £31.5M..I think this is a very good deal for FGML holders considering we had nothing left.

BPC was incorporated in Jersey on 9 August 2007 as a holding company. It has
invested in an offshore oil exploration programme covering approximately
15,676 km2 (3.874 million acres) in the territorial waters and maritime
Exclusive Economic Zone of the Bahamas. The Company was founded by Alan
Burns, Michael Proffitt and Mark Savage and holds an indirect 100 per cent.
interest in five exploration licences granted by the government of th
DETAILS OF SECURITIES TO BE ADMITTED INCLUDING ANY RESTRICTIONS AS TO
TRANSFER OF THE SECURITIES (i.e. where known, number and type of shares,
nominal value and issue price to which it seeks admission and the number and
type to be held as treasury shares):
789,639,838 Ordinary Shares of 0.002p. Issue price 0.04p. No shares held in
treasury.

CAPITAL TO BE RAISED ON ADMISSION (IF APPLICABLE) AND ANTICIPATED MARKET
CAPITALISATION ON ADMISSION:
No capital to be raised on admission.
Anticipated Market Capitalisation c. £31.5 million.
Posted at 11/8/2008 15:10 by whoppy
Here's the BPC website

Does this company have a market cap? Can't find it listed anywhere.

We currently have 78,250,000 FGML shares in issue this will increase approx 10 fold after the reverse takeover. I guess they will then consolidate 1 for 10 back down to 78 million shares after admission and we will have a share price of 4p.

But what's BPC worth at the moment? £3M?
Falkland Gold share price data is direct from the London Stock Exchange

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