African Min. Share Discussion Threads

[substp] 07/11/2014 08:49

EWWIII.. I don't know what their intentions are but I know what they've done.... :-)

[earnestwipplethwaiteiii] 07/11/2014 08:43

substp - you can't. This is a game of cat and mouse between MMs and/or funds. They are feinting bluffing and hiding precisely so the other party or parties cannot tell what they intend.

[substp] 07/11/2014 08:38

How can one tell what they are up to with the robot?

They buy loads ...the share price goes down...and vice versa

[earnestwipplethwaiteiii] 07/11/2014 08:37

Seller clearly not yet finished - 1.75m shares already traded today

[sapper2476] 07/11/2014 08:35

Lol. This share is hilarious. If I wasn't in so heavily I would just keep chuckling.

[kirk 6] 07/11/2014 08:21

Should be in for a major recovery soon

[earnestwipplethwaiteiii] 07/11/2014 08:18

By the look of it so far, you may be at least partially right. Of course it could have been buying all or part on behalf of a client, we'll never know. Lots of shares available at 12.50 or below so far though.

[substp] 07/11/2014 08:18

This same pattern has been going on for weeks. Nothing that can/wants to stop it. Not even a positive IMS from the company.

Fri after hrs RNS?

[forwood] 07/11/2014 08:11

Suspect the mm tat took a 1m at 12.25 will be happy to unload a few at 12.50, so do not be surprised to see that sold for a while.

[newswseller] 07/11/2014 07:34

I thought it was 10p by close yesterday? Or admin by today? I get confused with your many predictions that never transpire

[newswseller] 07/11/2014 07:28

Iron ore stocks doing well in OZ today"Materials and energy have been the best performers," Ms Jones said."That was quite surprising because we saw iron ore falling overnight and commodities remained relatively subdued while oil fell off."But she said investors were returning to the sector following big falls among iron ore and gold miners on Thursday.Iron ore miners performed well after Thursday's pullback due to weaker iron ore prices.Among the major resources companies, global miner BHP Billiton was 71 cents higher at $34.49, and Rio Tinto was up 70 cents to $60.70.Fortescue Metals gained 12 cents to $3.15, Atlas Iron added one cent to 23.5 cents, and BC Iron gained four cents to 88 cents.

[shimmysham12] 07/11/2014 07:26

10p today.

See io price down to new low.

Loosing lots of money on every shipment.

Finance obviously bad and banks will not lend anymore.

End game I'm afraid

[forwood] 07/11/2014 02:00

Have bought back in here. Today's price action into close suggests to me market makers were working a big sell order which hopefully was completed with the 1m at close.

If Timis has got enough access to cash to buy London Mining, he's probably got enough for AMI as well. I don't buy the 'drive it into admin so Timis can buy it cheap' theory but there's clearly something to be said for a merger of the two operations. Can't see how T can be 'arm's length' when he's the chairman of both so either they merge or he resigns from one.

[earnestwipplethwaiteiii] 06/11/2014 23:16

Oh Sh*ttypants, another wad of money lost on your long. And coming so soon after the debacle in LOND too.
Who could take advice from this Buffoon Buffett?

[newswseller] 06/11/2014 22:29

Lol, u need a break from this, when everyone is doom and gloom usually the opposite happensI read around 65$ everyone is loss making. Chinese are loss making under 100$.. Even rio won't keep churning out at 65 for long as would cost them hundreds of millions

[cantrememberthis2] 06/11/2014 20:36

Fe 62 wil spike to $40/t based on the historical charts... ive got high hopes of riossurviving but ami.....mmmmm

[newswseller] 06/11/2014 20:27

A starting bid would be around £80m to begin with due to the distressed level of the stock. If deal is for shares then the Chinese would accept as their off take agreements would remain but FT would not accept it, however he doesn't have anywhere near enough stock to block and most punters here would accept the deal I reckon

[kirk 6] 06/11/2014 20:15

We were over £2 last Christmas and that was without any extra income from the London deal

[cantrememberthis2] 06/11/2014 20:09

Kirk you are mad and 1.25p more realistic lol
£ 1.25 lol

[kirk 6] 06/11/2014 20:00

Think you will be surprised newsletter a bid would not come in less than £2 anyway

[newswseller] 06/11/2014 19:53

Kirk maybe 30-40p at a push but unlikely to be more unless iron ore pushes up past 100$

[kirk 6] 06/11/2014 19:50

I think we will see £1.25 before christmas

[newswseller] 06/11/2014 19:45

Personally I think some major will make a low ball offer as soon as finance is sorted

[shimmysham12] 06/11/2014 19:41

Timis probably has a deal with the new owners after admin already lined up.