African Min. Share Discussion Threads

[kirk 6] 31/10/2014 14:54

How do you know that slim?

[casual47] 31/10/2014 14:34

All the facts are known. No point repeating them as you are just baiting this thread with your deramping..

[shimmysham12] 31/10/2014 14:30

Next news update will not be good news. Cash flow is now serious issue.

What do u think its drifting down. There is a reason. Bad investors ignore these obvious signs.

[shimmysham12] 31/10/2014 14:10

If u wanna buy leave it till end of next week and u will get under 10p. This is drifting down below 10p.

[kirk 6] 31/10/2014 11:00

lol careful however the best bit of the report is not the Afircan Minerals section.

"Although there were some encouraging signs this week that the outbreak is being curbed in Liberia,"

[casual47] 31/10/2014 10:57

And with LOND gone they are arguably too big/important to fail?

[kirk 6] 31/10/2014 10:53

that's a great read. Just shows how big African minerals are as company.

[substp] 31/10/2014 10:51

Still open for business
How firms are adapting to a virus that threatens economies as well as lives
Nov 1st 2014

"One group of firms the affected countries especially need to keep operating is miners: in Sierra Leone, for example, they generate 80% of export revenues. African Minerals and Sierra Rutile, two big miners operating in the country, have isolated themselves as much as possible, and built a buffer in the surrounding villages by giving them training and equipment to fight the disease, from soap and chlorine to thermometer guns, some of which are used at checkpoints on roads leading to the mines."

"African Minerals is running regular charter flights between its mine in Sierra Leone and South Africa, the home country of most of its 800 expatriate employees and contractors. It has started importing all its food. African Minerals and Sierra Rutile have stockpiled food, fuel and spare parts to tide them over should flights be halted."

[sweepie2] 31/10/2014 10:15

John Henry changing his stance to more bullish on LSE BB best news all morning

[kirk 6] 31/10/2014 09:55

the 500k is just a rollover so nothing to report there. The 250k's and 350k worked sells are whats keeping the price back and once cleared the price will recover

[casual47] 31/10/2014 09:53

You mean the same mug punters from earlier?

If they were in the know I'd expect sales to go through of several million shares....

There isn't

I guess people in the know are happy holding!!

[johnwalton] 31/10/2014 09:53

correct k6

mm will have book on open positions and will drop the
sp to make a profit.

500k rollover will have taken a hit.

[shimmysham12] 31/10/2014 09:51

More big sells going through. People in the know bailing

[kirk 6] 31/10/2014 09:41

The reason for the drop will be forced margin sellers. Frank Timis hasn't sold any of his 42 million shares and neither have the institutions. The last institution bought a load as well a month ago. Its more like a forced mugging.

[earnestwipplethwaiteiii] 31/10/2014 09:32

Poor old Shabby, bitter because he sold out at a terrific loss and now doesn't have the cojones to buy back.

[casual47] 31/10/2014 09:04

All II shareholders are still holding, one even topping up recently - yeah, I guess they must be relaxed!

[shimmysham12] 31/10/2014 09:02

Mug punters topping up. Small investors gonna get screwed here. Unless of course u lot know more than ii, maybe u do. Ur better off going to Ladbrokes.

[newswseller] 31/10/2014 08:34

More early doors buying interest so far

[sweepie2] 31/10/2014 08:13

Well I just added, sooner or later if financing news lands this will rocket and will move far too fast to take advantage, got to be in it to take advantage, on the other hand they might not get financing, Ebola shuts down mine and FT runs off with all the cash LOL. I'm betting that doesn't happen but if I get it wrong its solely my fault

[earnestwipplethwaiteiii] 31/10/2014 08:08

Oh Scummy, what a philanthropist you are!

[shimmysham12] 31/10/2014 07:20

Another day of drifting down to 10p.

No news is not good news.

The money is running out.

Just like lond.........

Gla

[kirk 6] 30/10/2014 22:32

Nina B ShapiroIndependent Non-Executive Director 30/01/2014BuyPrice Amount Holding169.50 GBX 19,869 0Dermot George John CoughlanIndependent Non-Executive Director 30/01/2014BuyPrice Amount Holding172.75 GBX 50,000 0Last director deals have all been buys