African Consolidated Share Discussion Threads

[moreforus] 09/12/2014 09:30

can buy 500k at 0.79....

[yorgi] 09/12/2014 09:29

It does Mclellan :-)

[moreforus] 09/12/2014 09:28

you got 3 mill rozer!

are you warren buffet (-;

this is still far too cheap market cap vs fully funded production worth ptofit wise multiples of the market cap for just one year!!!!

[mclellan] 09/12/2014 09:27

Hard to buy, yorgi.
Looks a bit more cheerful this morning.

[yorgi] 09/12/2014 09:25

You're right Rozer there is the answer :-)

[rozer] 09/12/2014 09:23

Yes Yorgi and there is the answer.. another tick up..and again

[yorgi] 09/12/2014 09:19

That tells us something Rozer :-)

[rozer] 09/12/2014 09:14

I could only get a buy quote for 50K online but sell 3 Mil

[yorgi] 09/12/2014 09:03

Then we should be moving on shortly Moreforus.

We are so undervalued for our at this market cap, it bears no relation to our assets and if all goes well 2 mines producing during 2015.

[21trader] 09/12/2014 08:59

mm's playing games again they have not a bean of stock no online quote to buy any they have the wide spread and no quote desperate for sellers only

[moreforus] 09/12/2014 08:57

well if you want to buy you have to pay more as there arent many to buy at 0.75

[yorgi] 09/12/2014 08:51

Buyers continuing, perhaps our new Romanian project is now being noticed and people are realising what this could mean for us.

[yorgi] 09/12/2014 08:48

Some decent buying to start the day, let's hope it continues and the direction of the share price continues as well. The potential for significant upside is there but we need detail on BB in Romania now for us to see how much upside we have.

[joan1234] 09/12/2014 06:19

African Consolidated Resources (AFCR) will commission its first gold mine in Zimbabwe in the second... 9 December, 2014

[moreforus] 08/12/2014 14:58

think there was a seller to clear...they're gone now!

still muted reaction

[yorgi] 08/12/2014 14:57

One or two decent buys and we will be in the blue again.

The drops since the interims has been well overdone in my view with people focusing on the wrong things and not taking on boards the new exciting addition we have in our portfolio now.

In my view we have significant upside to come over the coming year.

[yorgi] 08/12/2014 14:51

Clearly some decent buys this afternoon.

Perhaps at last people are taking on board what we have in Romania now :-)

As I posted earlier and Paleje commented we need detail and timescales now.

[moreforus] 08/12/2014 14:13

lol the rise killed the buying....seemingly

[mclellan] 08/12/2014 13:56

All those buys at .65p...and the share price doesn't move?

[moreforus] 08/12/2014 13:51

see those buys

2 1 mills a 500k 250k 750k

someones loading up

[paleje] 08/12/2014 09:51

I think your post 1618 said it all:)

"First we need some detail of what our BOD have planned and their timescales"

[yorgi] 08/12/2014 09:40

This was what Castaway posted on it Paleje :

"They withdrew stating they wanted a more advanced project - according to the bottom link I posted. Though how they could say they were going to be in production in 90 days and then withdraw for that reason is a bit odd. Possibly down to finance reasons as it was in 2011 and they were supposed to be paying $15mil"

As he has posted the reason does seem a bit odd. We can only hope our BOD have looked at it carefully and can see the project as viable and can be up and running quickly. 90 days would be great but even if it was a bit longer.......double even 6 months then it would still be great for us.

Interesting times ahead :-)

[paleje] 08/12/2014 09:29

Cheers Yorgi, any idea why Eldore pulled out?

EDIT - they apparently pulled out wanting to concentrate on more advanced assets, that sounds odd to me they had plenty of time to investigate.



Seems they had raised $25m, not sure if that was USD or AUD.

[yorgi] 08/12/2014 08:44

You're welcome Mclellan.......now let's hope we have some more detail on this from our BOD very soon.

The prospect of having two mines producing during 2015 would undoubtably be the transformation of our company and with it a much higher share price First we need some detail of what our BOD have planned and their timescales.