African Min. Share Discussion Threads

[substp] 08/11/2014 10:17

Would like to see links to refute it.... I am open minded....

Edit: Shows what methods can be used. I don't think it necessarily means that all methods will be used.

[kirk 6] 08/11/2014 10:14

You can't do that tho can you?? Surely there is a limit ok the total hoer positions you can take out

[substp] 08/11/2014 09:21

A good read from the LSE board......

[cantrememberthis2] 08/11/2014 09:16

Kirk im more bullish on POG now that investor vultures are circling than AMI as shorters are reducing.

AMI needs refinancing news now...

[kirk 6] 08/11/2014 09:05

You are forgetting 1. European market 2. London mining synergies 3. Major cost cutting4. The price in january spiked to over 2.20.I fully expect 80p - £1.25 short term

[cantrememberthis2] 07/11/2014 22:44

I have tracked this dog to Iron Ore charts

Here is the depressing low down

Jan 14 IO Fe 62% $120/t 58% Fe 15% Discount @ $102/t

AMI breakeven guess $63/t, so in Jan $102-63 = $39 profit

Projection $39 x 18mt = $702m, exchange rate of .65 to £ = £456m

£456m over 331m shares in issue gives £1.37, if you add the 10p here to that, we reach a figure of approx £1.48 and in January 2014 this was in the region of £1.60-£1.75

So the share price seems to MIRROR its profit margin WHEREVER it actually is...

What does this mean, my exit target of £1.15 can only be reached if Iron Ore Prices reach £105/t

This is NOT likely to happen for the next 2 years based on IRON ore charts, whereby in 2008 it hit sub £50/t UNLESS AMI can create additional revenues.

I see 40p short to medium term on the basis Iron Ore remains sub $80/t

MMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMM

[stockriser] 07/11/2014 21:37

"I need the dollar down for commodity uptick"

Well, when the US Debt ceiling crisis raises its ugly head again early next year, perhaps it will not be resolved so easily, then watch the dollar collapse, and commodities rocket.... ;-)

[substp] 07/11/2014 17:43

John Walton..... Get your facts straight please..... It was Tavistock

[kirk 6] 07/11/2014 17:35

Thanks newsletter nice to see it rising bach

[newswseller] 07/11/2014 17:26

kirk 6 here u go

hxxp://www.barchart.com/futures/commodities/ITI



hxxps://www.quandl.com/WSJ/FE_TJN-Iron-Ore-62-Fe-CFR-China

hxxp://www.umetal.com/en/ore.html

[shimmysham12] 07/11/2014 17:17

As much as I have slated this share I admit my.prediction of 10p has surprised me by being true without bad news. Really struggling to understand how such a big organisation can fall so far.

I hope funding is achieved as alot of people have a massive amount in here.

Just cant work out how bod cannot release a rns to steady the market.

Cant work out how timis is buying lond if this is going under.

At least it won't fall 11p further next week.

This really is the moat crazy share I have ever seen.

[kirk 6] 07/11/2014 17:15

Newsletter can you provide the link for intraday iron ore price movements?

[newswseller] 07/11/2014 16:43

P.S. Iron ore edging back up, now at $76.35 from $75 earlier..

[shimmysham12] 07/11/2014 16:40

5p after rns next week. Bounce then admin.

Sorry for being right

[forwood] 07/11/2014 16:25

780k buys 142k sells within 5% of the bid/offer

[forwood] 07/11/2014 15:49

over 625k buy orders from 10p. No-one should consider selling here

[humbugg] 07/11/2014 15:47

paul,
cant do that im afraid. tempted to dip my toe in today. might just see if i can nick some stock cheap before the bell.

[stockriser] 07/11/2014 15:47

We need this guy to come to the rescue ...lol

[earnestwipplethwaiteiii] 07/11/2014 15:40

Shirley sweetie, consider retirement, your days as Madame Beryl, the oracle of Bromley, are clearly numbered.

[newswseller] 07/11/2014 15:30

If that happened i would almost be a millionare

[paul the octopus] 07/11/2014 15:29

good for you humbugg, can you now add 0 to the right and say 100p please?