African Diamonds Share Discussion Threads

[varrirob] 04/10/2010 14:04

In that case lets hope the market responds to this better than the FDI situation.

[the_curmudgeon] 04/10/2010 14:04

VARRIROB - for every share of afd you own you will receive .8 of a LUC share. so it depends on what the share price of LUC is when you receive your shares

[euclid] 04/10/2010 14:00

It has to, surely? We are now pegged to LUC.

[varrirob] 04/10/2010 13:59

So does the value / % of what we get fluctuate between now and the final sign of (if approved)? I think what i am trying to say and not very well is that if the LUC share goes up off the back of this news, does that mean our value goes up as well?

[rainfall] 04/10/2010 13:59

Also, in accordance with the terms of AFD's stock option plan, Lucara will make a contractual offer to each of AFD's optionholders to acquire their options to subscribe for shares in AFD. In return, Lucara will issue options to the optionholders to subscribe for the appropriate number of shares in Lucara based on the exchange ratio for the Acquisition.

[mclellan] 04/10/2010 13:52

Thanks, euclid.

[euclid] 04/10/2010 13:48

Here is the LUC RNS

[the_curmudgeon] 04/10/2010 13:48

all - as i said earlier. ignore this chap. he seems a bit unstable

[reddish tinge] 04/10/2010 13:45

Go on Teemore, slip in your favourite ramping term.. "world class"..... go on say it... "It's a 'world class' deal"

LOL !!

[mclellan] 04/10/2010 13:44

Reddish Tinge is on a mission....best ignored...even in his lovely new 'blue' suit...lol

[the_curmudgeon] 04/10/2010 13:44

Many thanks for that mclellan. much appreciated

[reddish tinge] 04/10/2010 13:40

Priceless spinning conjecture from Teemore.

I stated that the company had done an all paper deal around the 60p mark. This is what Teemore had to say :


teemore - 3 Sep'10 - 21:40 - 12119 of 13284

Reddish- JT has as much chance of recommending an all share offer to holders as I have of jumping over the moon. I would not accept anything less than £2 as that is the figure that I think is at the very lower range of valuation. In the same way as if I was selling a house or a car I would only accept a price which reflected value (if I had run out of cash then I would take whatever was on offer!)

As I have said on many occasions I am not the slightest bit interested in any offers as I am quite sure that they will be at a fraction of asset value with the bigger comapnies who have a few pounds trying to buy use us out on the cheap - nothing unusal about that. I say to holders sit tight and wait for production.



teemore - 4 Sep'10 - 13:34 - 12128 of 13284

Reddish stop spouting rubbish- you have found out very little except to speculate - dont confuse your own opinion with facts!!


teemore - 4 Sep'10 - 15:20 - 12131 of 13284

They are not considering any paper except the paper which is necessary to put the financial package in place to finance the development of the mine

The only think that concerns me is people like youself ('Jonny come lately') coming on this board posting rubbish in pretence of fact- you obviously think everyone is a fool like yourself! Where were you for the past 7-8 years? and how many different alias have you posted under? - no need to answer as it would be a lie!


teemore - 4 Sep'10 - 16:26 - 12138 of 13284

Quote form Reddish: 'If I wanted to state the source I would have said so' Nobody cares about your source as the source is yourself!!! I assume and hope that Jt has no intention of selling for peanuts or indeed in recommending anything close to 60p. As I said before he controls the company and it is up to himself and fellow directors to recommend or not recommend and I do not see him playing games.


A few people like yourself have appeared on this board recently who have inside information just like yourself!!!!!! Your continous posting of rubbish remind me of some other poster



teemore - 4 Sep'10 - 17:01 - 12140 of 13284

Reddish posting rubbish again - fact! You know very little about the Company and you certaintly have no inside information as nobody would trust you with such!! Stop making up nonsense about legal team etc as that fools nobody



teemore - 4 Sep'10 - 22:34 - 12152 of 13284

The Mullagh - Quite adament that the content of what he is posting is rubbish


teemore - 9 Sep'10 - 01:32 - 12367 of 13284

chapchip - some rubbish being posted -all speculation and I hope that JT does not allow the company to be taken out for peanuts or paper!

[teemore] 04/10/2010 13:25

I see Red is posting dribble again and he gets disappointed and annoyed when nobody takes notice of him!!
My take on this - I would have liked a cash bid at a price above 200p which I quoted a number of times, however as I have said previously that was unlikely as the true value of this will not be attained until we are in production. My second choice is what has happened and we can now go forward with ak6 into production. Luc is a very good company, managed well and all you need to do is look at the history of the Swede/Lund - buying up undervalued assets/companies and building core value. We should relax, sit back and hold into production.

[jungle jim] 04/10/2010 13:09

I see the Ludometer is swinging from the red to the blue. Why the change of heart Rainfall?

[vikramarahaji] 04/10/2010 13:08

I believe matron is calling you emilio. Time for your medication.

[vikramarahaji] 04/10/2010 13:04

Ah the village idiot is back.

[vikramarahaji] 04/10/2010 13:00

McLellan

Why don't you just copy & paste it onto here?

[the_curmudgeon] 04/10/2010 12:56

MCLELLAN - would you ping that to me too?

[rainfall] 04/10/2010 12:48

i might of been a bit hard on afd .perhaps it could be a good deal.

[arf dysg] 04/10/2010 12:36

euclid, curmudgeon, thanks.

[rainfall] 04/10/2010 12:34

if lucara are such a great company the M/C says they are not .

[the_curmudgeon] 04/10/2010 12:33

arf - yes. 75%.

MCLELLAN - would you ping that to me too?