African Consolidated Share Discussion Threads

[kass_83] 15/12/2014 17:27

113mike did you top up on box today? Cuz all showing as sells?

[113mike] 15/12/2014 16:41

Yes, i topped up in last half an hour on AFCR..did so on BOX & MDZ also .. i'm holding on to kibo, amongst others...hope to be in a good place for the start of 2015!

[yorgi] 15/12/2014 16:31

Buyers in on the dips again......not the day I would have hoped for but considering the wider market fair enough. However with patience we have the assets and near term producer on two of those assets gives me every confidence we have a good 2015 to look forward to.

[yorgi] 15/12/2014 16:01

I believe we have the depth and experience within our BOD to deliver under Roy Pitchford.

From Investing Businessweek

Mr. Roy Aubrey Pitchford, FCCA, CA (Z) has been Chief Executive Officer at African Consolidated Resources Plc since May 30, 2014. Mr. Pitchford served as an Acting Chief Executive Officer at African Consolidated Resources Plc from April 2014 to April 30, 2014. Mr. Pitchford served as Chief Executive Officer of African Minerals Limited from December 3, 2007 to November 2008 and African Platinum Plc. Mr. Pitchford has more than 20 years Senior Management and Executive Experience in southern Africa including 13 years in the mining industry. He served as Chief Executive Officer of Cluff Resources Zimbabwe Limited, Delta Gold Zimbabwe (private) Limited and Zimplats Holdings Ltd. (Formerly Known as Zimbabwe Platinum Mines Limited) until March 31, 2004. He served as President of chamber of Mines of Zimbabwe. He was closely involved in building Zimplats fortunes and creating a company with a PGM resource base in excess of 300 million oz. this includes taking the Nzezi Opencast Platinum Mine into production and the re-commissioning of the selous Metallurgical complex at the end of 2001. He developed and led the sale of Zimbabwe Platinum Mines and African Platinum to Impala Platinum. Mr. Pitchford served as an Acting Chairman and Chief Executive Officer of Central African Gold Limited since September 2009 and July 2010, respectively. He has been Chairman of Anglo-African Minerals PLC since July 17, 2012. He has been Non Executive Chairman of SA Metals Limited since July 30, 2008. He serves as Chairman of Lesego Platinum Mining Limited and Unity Power plc. He serves as Chairman of Advisory Board at Umbono Capital Partners. He served as the Chairman of Village Main Reef Limited until August 8, 2013. He has been a Director of Horizon Mining Ltd since July 10, 2009. He serves as a Director of June Platinum PLC and Central African Gold PLC. He has been a Non Executive Director of Ferrex Plc since August 23, 2010. He has been Director of African Consolidated Resources Plc since April 7, 2014. Mr. Pitchford served as an Executive Director of African Minerals Limited from July 23, 2007 to November 2008 and as its Non-Executive Director until January 31, 2009. He served as Independent Non-Executive Director of African 21, 2010. He served as Independent non-executive director of Village Main Reef Limited from June 2010 to August 2013. He served as Non Executive Director at West African Diamonds Plc from October 2008 to February 2009. He qualified as a chartered accountant in Zimbabwe and is a Fellow of both the Association of Chartered Certified Accountants and UK Institute of Directors.

[yorgi] 15/12/2014 15:56

From page 19 of the December Presentation :

The AFCR Investment Case :

• Diverse investment portfolio providing multiple opportunities to realise value

• Identified near term development opportunity - Baita Bihor Polymetallic Mine has a
total 1,8m tonne copper-silver-zinc-lead-gold-tungsten-molybdenum resource and
significant further upside potential

• Further upside available through portfolio of gold assets in Zimbabwe and
copper/Rare Earth interests in Zambia

• Proven Board and management team with experience in identifying and developing
assets through to production

[moreforus] 15/12/2014 15:42

I used an A to Z from a garage and the north star .....

[yorgi] 15/12/2014 15:39

In that case you should be fine Moreforus how ever did we manage without them years ago.....:-)

[yorgi] 15/12/2014 15:35

Yes you are quite right Moreforus, from the December Presentation again :

Baita Bihor is currently on care and
maintenance and can be brought
back into production in
approximately three months

[moreforus] 15/12/2014 15:35

Nah ... I've got sat nav on my phone...

[yorgi] 15/12/2014 15:33

Thought you had got lost today Moreforus :-)

[yorgi] 15/12/2014 15:32

From Page 3 of the December Presentation :

• Near-Term Value
focussed on realising the value of the
Baita Bihor Polymetallic Mine in
Romania

• Downstream Value
Discussions on-going with Remin SA
regarding future opportunities plus other
opportunities in Romania

• Additional Upside Value
Additional upside to wider AFCR
portfolio including gold assets in
Zimbabwe and copper interests in
Zambia

[21trader] 15/12/2014 15:32

Idiots it's just getting going and they all sell again

[moreforus] 15/12/2014 15:30

Nice reversal but placing sellers still about....

Most are jaw dropping at PFP today...however afcr could be generating cash in 3 months ....

[yorgi] 15/12/2014 15:26

All square now :-)

[yorgi] 15/12/2014 15:24

Bid up strongly now as well......will we go into the blue today !

[21trader] 15/12/2014 15:16

0.6175-0.63p now

[yorgi] 15/12/2014 14:59

The Baita Bihor project added to Pickstone Peerless both producing in 2015 will see us transformed and with it then a much higher share price as the present Market Cap is crazy.

[yorgi] 15/12/2014 14:54

Up we go :-)

[yorgi] 15/12/2014 14:53

Yes......at what will be shown to be a bargain price in a few months Mclellan, I'm quite sure.

Take advantage of the dips :-)

[21trader] 15/12/2014 14:53

Full offer online it's going to bounce well could even go blue you never know.

[21trader] 15/12/2014 14:47

Back online they are bidding massive premium again I'm sure there is a large buyer in the market. Over 0.6p bid on a 0.55-0.62p spread

[mclellan] 15/12/2014 14:36

A bit of buying returning

[21trader] 15/12/2014 10:46

Sheep sellers one sell they all sell easy for the mm's