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Share Name Share Symbol Market Type Share ISIN Share Description
Acacia Mining Plc LSE:ACA London Ordinary Share GB00B61D2N63 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 234.00 234.60 235.40 - 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 520.5 75.8 11.3 22.2 960

Acacia Mining Share Discussion Threads

Showing 8001 to 8023 of 8100 messages
Chat Pages: 324  323  322  321  320  319  318  317  316  315  314  313  Older
DateSubjectAuthorDiscuss
17/7/2019
07:49
If they are unable to use the TSF, processing will stop on 20 July a few hours before 06h00. No processing means no gold from North Mara. Buzwagi will then be the only mine producing a reasonable quantity of gold. Very bad news in the short term.
gosoftly7
17/7/2019
07:35
Prohibition notice...v bad news
luisfrg
16/7/2019
10:29
Odey's buying continues. The latest purchase of £180k worth happened yesterday so they seem unperturbed and not cowed by the GoT's planned North Mara site visit. 9,454,677 2.31%
casual47
11/7/2019
07:20
Hold onto your hats too with stuff that is to happen.Suspect other countries efforts to prop up dollar are to fail. Barrick will have to jump their bid if they really want this. Tanzanian unpaid taxes in background but will still make 300p IMO
edjge2
10/7/2019
18:41
gold 1410, nice
edjge2
10/7/2019
15:13
OTT dow up with pots dragged up. CGC looks especially cheap IMO. Shop, ZS, TRQ, KL with nice dividend look like goers. This side of the lake PMO looks interesting, added twice below 80p, with oil instabilty and iranian situation warming up. EVs too young so oil it is especially for shipping and need to desulphur fuel so valero refiner over the lake may have legs. DYOR but hop you can capture some cash
edjge2
10/7/2019
15:02
Did this morning casual47. Whats good for odey probably wont do me too much harm. ACA holding up just about. Gold just blasted thru 1400. Expect bank is dumping shorts before FOMC talkers predict rate cut likelyhood.
edjge2
10/7/2019
09:51
Odey greedy for more: 9,354,677 2.28% Nearly another $1m added...follow the money?
casual47
09/7/2019
16:39
4.40 and no offer !
redhill
09/7/2019
12:10
Since I first started keeping track of Odey here, about a month ago, they have added around £4m / $5m worth. Make of that what you will...
casual47
09/7/2019
12:07
Odey keener still: 8,957,277 2.18%
casual47
28/6/2019
09:30
Odey still keen: 8,361,177 2.04%
casual47
26/6/2019
17:47
The offer fairly values ACA under present conditions. But, if Barrick have agreed with the Tanz Govt a reasonable settlement -- then all the major problems would go away -- and the offer does not take that into account. Either way ACA shareholders (excluding Barrick) are being shafted.
augustusgloop
26/6/2019
11:27
Odey further increasing their holding: 8,191,177 2.00%
casual47
25/6/2019
11:09
While the Barrick offer appreciates in absolute terms as their shareprice goes up, if you consider that with the rising gold price so has Acacia's value then it's easy to see that in relative terms the offer is still derisory. If you consider the upside of an Acacia where all issues have been resolved then it doesn't compare with any upside Barrick shares can provide. With acacia we are talking about multiples, with Barrick it will be fractions. If Barrick are convinced the true value of Acacia is permanently destroyed then why do they want to buy us out? If Barrick are saying they can solve the issues then they should compensate us for some of the to be expected upside also, and not just what they perceive as the "damaged goods" book value (which as per Acacia's rebuttal is nonsense on stilts anyway). Still lots to fight for.
casual47
19/6/2019
19:24
All ACA need to do is sit this out for as long as they can. If the BOD doesn't recommend the offer it will be a hostile bid so would need 90% approval. That could be a tough gig for Barrick. If they fail they are locked out for the rest of the year. Bristow needs to be careful to not go up so high on his pole that it would be embarrassing for him to climb down from it. There could be plenty of minority shareholder support for taking this into arbitration. Arbitration is a lengthy process but doesn't have to be - the parties involved can settle at any time and put a stop to it. That seems like the more likely scenario. Once the GoT's bluff is called they may prefer to make friends with reality.
casual47
19/6/2019
14:49
This whole story is just getting so weird now. Mark Bristow (CEO of Barrick) is behaving like a dodgy Russian oligarch, not like the head of a huge multinational gold miner. IMO, it is time for the London Stock Exchange and the regulators to get involved.
bookwormrobert
19/6/2019
11:14
Note that Barrick's offer is contingent on BOD backing. It would be very odd for the BOD to back an offer for which the valuation is based on Barrick's evaluation of the state of the company as presented in yesterday RNS. It would be basically something like this: "We wholeheartedly recommend this offer which is based on the fact that we have been grossly overstating the potential and value of our assets contrary to our fiduciary duties as directors."
casual47
19/6/2019
11:02
"However, nothing in the Article should be considered to be a no increase statement for the purposes of Rule 32.2 of the Code." All I can say to that is "lol" "We will not increase the offer(*) (*)this is not a statement that we will not increase the offer" Maybe the Barrick legal team should consider comedy stand-up... ============ 32.2 NO INCREASE STATEMENTS (a) A “no increase statement” is a statement as to the finality of an offer, including a statement that the offer will not be “increasedR21;, “raised”, “amended”;, “revised”;, “improved̶1; or “changed”; and any similar expression. (b) If an offeror (or its directors, officials or advisers) makes a no increase statement, and that statement is not withdrawn immediately if incorrect, the offeror will not be allowed subsequently to amend the terms of its offer in any way, even if the amendment would not result in an increase of the value of the offer (eg the introduction of a lower securities exchange alternative), except: (i) where it specifically reserved the right to do so in certain circumstances at the time the no increase statement was made and those circumstances subsequently arise; or (ii) in wholly exceptional circumstances. (c) If an offeror wishes to include a reservation to a no increase statement, the Panel must be consulted. See also Rule 35.1(f) and Note 1(a)(i) on Rules 35.1 and 35.2.
casual47
18/6/2019
16:47
So, more chats to be had with the likes of Aberdeen, Fidelity and perhaps even Odey, it is.
casual47
17/6/2019
19:27
If Barrick submit an offer that is not substantially improved tomorrow then it looks like it will be hostile as I can't see the BOD agreeing to it and I also can't see them getting 90% support for it so we could by default end up in arbitration. Should be interesting tomorrow. Tick tock. Perhaps they will pull the offer and have some chats with the likes of Aberdeen, Fidelity and perhaps even Odey.
casual47
17/6/2019
09:06
Fraction more for Odey 7,987,677 1.95%
casual47
14/6/2019
09:55
Odey added a fraction more 7,974,860 1.94
casual47
Chat Pages: 324  323  322  321  320  319  318  317  316  315  314  313  Older
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