African Min. Share Discussion Threads

[shimmysham12] 17/11/2014 18:53

The current price is pure i/o prices. At current level its loosing a lot of money every single hour it operates. I/o is forecast to fall. More losses. Currently debt payments crippling company.

Not Ebola, not lond and not anything else.

Fundamentals point to admin.

[shimmysham12] 17/11/2014 18:45

Hate to say it but I can see ur point of view. Do u think it will make it to Xmas without admin?

[bad robot] 17/11/2014 17:58

0p is my only price now.

The dead cat bounce is over. Time to put this sick dog out of his misery and let Timis buy the lot for £1. I mean the entire company goes for £1


Hope this helps

[bad robot] 17/11/2014 17:22

shares do not go to 0p in straight lines.


Bankruptcy looms.


Hope this helps

[casual47] 17/11/2014 16:58

Feel free to share your Technical Analysis, btw.

Anything but sweeping statements.

[m_n_tomlinson] 17/11/2014 16:36

So you don't consider charts and chartism as tools of the trade then? Well good luck to you.

[casual47] 17/11/2014 16:31

Well, that says all we need to know about you. Bye.

[newswseller] 17/11/2014 15:59

The market is right until it's wrong. Look at PTV over the past week

[m_n_tomlinson] 17/11/2014 15:58

Actually I don't believe the market is always right, but it is a market cliche and given law.

How do you explain to a newcomer what has happened here then?

The company is going to the wall I guess.

[casual47] 17/11/2014 15:52

"the market is never wrong"

What a meaningless phrase.......

If news came out tomorrow that financing was sorted then the share price would explode.

The market won't be wrong at that point either.

[m_n_tomlinson] 17/11/2014 15:46

What on earth is going on here? If someone came here for the first time and saw the long term chart above, he must conclude the company is going to the wall or bust, since the Market is never wrong?

[w1ndjammer] 17/11/2014 13:37

you would have to say, its a good risk reward easy 10 bagger if the ducks line up, even in this climate .

1. look how far company has come in a short time.

2. Quality product.

3. quality players onboard

4. just need this part of the last RNS to hit the jackpot!!

The Company is also considering a part disposal of its holding in the Project to strengthen the financial position.

[seanywauny] 17/11/2014 13:13

Shimmy you're a shambles. A broken record. No brainer to be long here. The share price price resurgence is inevitable.You can't win it if you're not in it.

[earnestwipplethwaiteiii] 17/11/2014 12:59

Oh Smitty, you're so behind the curve. Get with the plan, man, otherwise you'll never be a successful deramper.

[shimmysham12] 17/11/2014 12:30

Down to 10p

[w1ndjammer] 17/11/2014 10:45

Our product remains in strong demand, largely by virtue of its excellent blending characteristics as a result of its low silica content. The original sales contracts put in place in 2010 did not recognise this benefit and are instead somewhat discounted for high alumina. During this year, Platts started to publish its assessment of the value of various penalties and bonuses for various elements in iron ore products, and we now believe that our DSO product indeed justifies a premium.

The Board of the Project Companies has resolved that a revenue enhancement strategy should be pursued, such that all future shipments (after those for which ships are already confirmed) should be sold at a fair market price. To that end, supported by Shandong as the principal offtaker, we will be communicating with our customers not only to temporarily defer the current price influencing factors (including, but not limited to, discounts, agency fees, marketing fees, freight subsidies, etc), but also to require a premium for the low silica nature of our DSO product

WJ.

[warwick69] 17/11/2014 09:48

Why when someone wants to buy a few more shares than normal don't they get all the share offered lower such as all available at 11.25 then the balance at next best offer why all at higher price seems like a complete stitch up

[warwick69] 17/11/2014 09:31

Buyers above offer and more buys than sells and still we are red