African Min. Share Discussion Threads

[kirk 6] 06/11/2014 19:39

So what will happen then? Would Timis even back some of the debt repayment?

[shimmysham12] 06/11/2014 19:38

Enough said share price at 12p and falling. U can slate me but this is going into admin. Oh what difference a week makes.

[seanywauny] 06/11/2014 19:37

Lol at Timis looking to take over.The majors would love the opportunity to grab this African Iron Ore Jewel from the administrators if it ever went that far. Their pockets are much deeper than Timis Corp that's for sure. Acquiring AMI also means they they end up controlling LOND due to rail allocation. Too much at stake.It simply will not happen you muppet.

[newswseller] 06/11/2014 19:10

Enough said reallynewswseller - 05 Nov 2014 - 22:41 - 2842 of 2862 - 0some classics from the burnt OracleLondon Mining - The New Thread - LONDshimmysham12 - 05 Jul 2014 - 12:08:47 - 1644 of 4095Now it seems that fears of going bust have passed the question is what will drive this further. I have been topping up and am now breaking even. Now have quite large holding so still a bit nervous of io price.I recon it will be 70p by end of sept, depends on next update of tradingWhere is Ultrasis Heading? - ULTshimmysham12 - 16 Aug 2014 - 07:51:49 - 2558 of 2574Anyone looking to make a few ult losses back check out LOND and AMI next week. Both down a lot cos ion ore price falls and Ebola outbreak. Both solid financials and prob will double in next few months.Door etc. better than ult".......>

[shimmysham12] 06/11/2014 18:54

Q3 results will be bad. Bad news Friday coming up. This was 18p Monday. Will be 9p next Monday.

[kirk 6] 06/11/2014 18:40

Should there be a holdings Rns?

[johnwalton] 06/11/2014 18:35

The 1 mill trade was probably a short closing.

[newswseller] 06/11/2014 18:24

As discussed a million times timis would get outbid and so loose everything

[shimmysham12] 06/11/2014 18:02

Timis now has less than5m holding here makes sense for Ami to fail n he takes it over. Get with the program dyor. All about timis and power.

[kirk 6] 06/11/2014 17:38

So Timis 42 millions shares are well down!

[newswseller] 06/11/2014 17:29

I thought you said admin was occurring last Monday? And then you went long, but now admin is this Monday? Please explain given they have more than enough cash on hand to pay the finance costs for the next three months and pay to introduce cost cutting measures, how will it therefore go into admin on Monday?

[newswseller] 06/11/2014 17:23

The London mining you bought heavily into saying it was going to double? Am I right?

[shimmysham12] 06/11/2014 17:18

U buy made more. Mug punters. Q3 results v bad btw.

Admin looms.

See London mining for details

[kirk 6] 06/11/2014 17:07

This board was exactly like Thomas cook.

[kirk 6] 06/11/2014 17:06

Amin sound great I'm buying more tomorrow

[shimmysham12] 06/11/2014 17:05

Amin next week. Bad news Friday coming up. Q3 is bad. Cost cuting not achieved.

Admin looms.

[sidjameslaugh] 06/11/2014 16:37

UT at 12.25. You couldn't make it up.......

[alexios1201] 06/11/2014 16:19

Run while you can

[alexios1201] 06/11/2014 16:18

Refinancing os going to be terrible

[newswseller] 06/11/2014 16:15

Comparison to others on AIMZIOC 32m mcap, estimated 2.4bn investment to get to 18m tonnesSBLM 15m have nothingFXPO 468m mcap, 12m tonnes a year, c1 47.8$, $695m debt

[newswseller] 06/11/2014 16:04

Think you need to sell up chap before you have a breakdownThe mcap is just under 40m for a 20m tonne exporter of iron ore with infrastructure included, would appear alot is priced in, going on auz listed io miners, this should be valued about 6 times higher at current IO prices, but this is AIM for you

[cantrememberthis2] 06/11/2014 15:57

WOW

18p to 12p

FE KIN unbelievable

IO break even point - AMI need to come clean.

Bad news hasnt even been priced in!