African Min. Share Discussion Threads

[shimmysham12] 23/12/2014 08:50

Admin lol. Muppet

[kirk 6] 23/12/2014 08:46

Looking at both these forums lol

[shimmysham12] 23/12/2014 08:38

Looking at both this forum and the lse it is obvious t there is only one outcome here

A deal would have been done by now. Admin after Xmas.

No other outcome, if you think different you will be disappointed.

You can slate me but you all know where it's heading.

[earnestwipplethwaiteiii] 22/12/2014 14:50

kirk - read the Other Thread: the email was sent to one poster, who then forwarded it to others. I have no reason to doubt it was genuine. All it said was that AW told him that there was a meeting in HK from Thurs to Sat last taking place between AML, SISG and the latter's bank, to try to thrash out a deal.

No subsequent news as yet.

[kirk 6] 22/12/2014 14:36

There was evidence in the form of an email sent to quite a few supposedly it tho I am skeptical of the email. But it ties in the the 500m deal speculation last week with the Chinease

[earnestwipplethwaiteiii] 22/12/2014 12:30

Oh Sh*tty, I thought you'd gone to change your industrial-strength adult nappies now that your short is almost certainly going to lead you to a second straight, ocean-going loss, just as with LOND.
If you need a couple of Pounds to tide you over Xmas, go to the Salvation Army; I certainly won't be helping you this Yuletide.

Pip pip!

[shimmysham12] 22/12/2014 11:47

No evidence. Looks like admin here after Xmas. Been a month suspended now, cant see any way out.

[aaaaaaaa5] 22/12/2014 09:36

Trip to China? What evidence do you have that a trip to China took place?

[fishyneck] 22/12/2014 09:00

Has there been any word or rumours over on the crazy lse board? I'm sure there will have been....

[shimmysham12] 22/12/2014 08:09

No news. Not good sign, looks like no deal.

[kirk 6] 21/12/2014 20:42

Anyone got any news or head up about the trip to China?

[earnestwipplethwaiteiii] 20/12/2014 19:03

Big Frank's gonna do the right thing this time. Mark my woids.

[seanywauny] 20/12/2014 18:13

Might be wishful thinking but I like to think that Frank wants to get some sort of deal done in HK to take the weight of this off his shoulders for Xmas.Interesting move by the WA government by the way.-If indeed the majors are looking to force out the smaller juniors then a spanner is being thrown into the works of their plan here. In Oz at least anyway.Rio, Vale etc can only continue this process of self cannibalisation for so long to the detriment of their own shareholders as well as the directors own holdings.

[casual47] 18/12/2014 13:56

Yes, I think so too.

[earnestwipplethwaiteiii] 18/12/2014 13:40

I guess that's an arbitrary date - the end of the week four weeks tomorrow - I don't think they could possibly have based it on any information from AMI.

[casual47] 18/12/2014 13:12

The supplier of AMI that went into suspension has provided another update today:

They will remain in suspension pending receiving info from AMI and expect to remain suspended until 16th January 2015.

[fishyneck] 18/12/2014 11:27

Haha...I do but I'm not going to....

[earnestwipplethwaiteiii] 18/12/2014 11:16

Fishy, the best we can hope for is that this is a meeting to dot the Is and cross the Ts, but since it's scheduled for up to three days, that's unlikely. It's more likely a thrashing out of differences to see if they can find common ground. Under the circumstances, I'd judge we'll be lucky to get any news this week unless there's an unexpected breakthrough. Possibly next week, but it could also end with nothing decided at all.

As for the Other Board, I'm certainly not telling.
Go on, take a peek, you know you want to.

[fishyneck] 18/12/2014 10:47

Can somebody keep me informed if anything decent is said over on the other board...early NY resolution not to read it! Too many loons!

Thanks and hopefully a successful meeting is taking place today....

fn.

[cantrememberthis2] 17/12/2014 13:45

If AMI can end up with a 45% stake at the end of this process with SISG that could be regarded as a decent interest in a 12bnt reserve.

Fingers crossed they can do this, controlling stake possibly gone to SSIG but in this marktet hey ho!

[fishyneck] 16/12/2014 16:14

The million $ question....all is pure guess work. I prefer to let the BOD do their best for us. 45% left for us would be a result...

[kirk 6] 16/12/2014 16:09

what would you speculate the terms of the deal to be though? That's the concern I have. However if a respectable deal is struck then we could be looking at a large premium to the current suspended share price

[fishyneck] 16/12/2014 15:59

I tend to not read that board as the highs and lows are too extreme for me! That said this email looks the real deal..this is the most confident I've been on a deal happening...

[kirk 6] 16/12/2014 15:52

nosnibord - lse has the most I would say.

Fishyneck - glad you think its legitimate certainly seem like it.

[fishyneck] 16/12/2014 15:30

Good news over on the other board I guess but why has it taken so long for them to all get round the same table...big stakes at play here but the main players appear to be acting like spoilt children!!