African Min. Share Discussion Threads

[cantrememberthis2] 03/1/2015 12:36

Voxnihili poster on lse is bang on the money
thats pretty much what I gleaned from my comms with AML AW
25% is the remaining balance of power but BoDs realize this is short term pain hencemu guess is the huge delay I agreeing a deal.
Even at 25% this could hit 90p longer term.

[earnestwipplethwaiteiii] 03/1/2015 11:51

Oh Sh*tty, that short of yours is going to absolutely devastate your account when AMI reopens, and that coming after the loss you took in LOND. I pity you, I truly do.
Probably best to give up trading on AIM and stick to 0.5% interest at the Post Office. Or Wonga.

[shimmysham12] 03/1/2015 11:29

At least we are close to being put into admin now. Roll on Monday rns...

[cantrememberthis2] 03/1/2015 10:25

POG the dog is finally on the way to recovery

Meanwhile we still are at bust....

Come BoD - salvage something...

[earnestwipplethwaiteiii] 03/1/2015 00:22

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

Actually a pullback of 1.77% to $70.06 for January contract. It remains to be seen whether the trend has turned, but IO price is off its recent six-year lows, which is good news for AML if and when they restart the mine and continue the process of cost cutting.

[bishan bedi] 02/1/2015 23:54

where are you getting these numbers from gents? i cant even get on dalian today to get a closing price from there...

[warwick69] 02/1/2015 21:09

And back down 2.4%

[kirk 6] 01/1/2015 23:09

Iron ore up over 12%

[kirk 6] 31/12/2014 12:53

Could be getting very close to a deal:"Major shareholders of African Minerals are meeting again this week and continue to discuss their issues, all are working toward a resolution as soon as possible, however there are no firm outcomes to report to you at the moment" If we get a deal then expect a higher open than 10p

[kirk 6] 30/12/2014 17:19

Iron ore price rising fast today. Things looking better

[earnestwipplethwaiteiii] 30/12/2014 09:49

More opinion from Sh*tty, presented as "realism".

[nosnibord] 30/12/2014 09:38

Most here probably hope you will be "slatted", under a bed.

[shimmysham12] 30/12/2014 08:00

So to recap.

Run out of money
Not producing
Share price suspended.
Io price at levels we loose money on
Io predicted to fall further throughout 2015
Director resigned

Which part of any of this indicates admin not certain.

I am invested here but I am realistic.

I will be slatted but if ur invested here as well your as clueless as I am.

Happy new year

[deusfaber] 29/12/2014 16:31

Has anybody had any contact with the BOD??I am in here for a good bit but with a very low average.If it opens again I will be delighted.

[cantrememberthis2] 28/12/2014 21:49

Yep, long term view is sought by BoD as this is all temporal

When you as a company are sitting on a 12bnt reserve do you really think the BoD will simply keel over and say to anyone yeah sure have it, keys are on the mantle piece on the way out for free? Hence negotiations are at a deadlock - last one blinks and gives in to short term issues is just as bad as a possible administration.

AMI own 75% and have had high share prices, so even with 25% it is worth substantially more than 10p, £1.00 highly reasonable on the condition it can survive...

[nosnibord] 28/12/2014 21:20

Shamful excuse for a human being.

[earnestwipplethwaiteiii] 28/12/2014 20:17

Sh*tty, I'm not surprised, lad; with your exposure on the short side, I doubt even those industrial-strength, double-padded, twin-sleeve jobs will help when your time comes. Stay near the water closet over the next few days is my advice.

[sweepie2] 28/12/2014 19:08

Can't do anything about it if it is the end, just accept it and move on to recover losses, try FTE expecting a significant regrade of Slovakian Uranium deposits, mc is only 5m some P&D are forecasting 1p+ on regrade, current price .21p

[shimmysham12] 28/12/2014 19:01

Dreading the rns tomorrow. Mine saved, no share holder value etc

[earnestwipplethwaiteiii] 28/12/2014 13:11

I agree, SW, but on a broader scale; our Board and SISG, if they are worth their salt, will be looking at a 60-year, reasonable-grade iron ore mine and not focussing, as too many posters here and on other threads have been doing, on the problems of this month or next year.
In my opinion they have too much invested here, not just in past financing but in future benefits, for the various parties to allow negotiations to fail.
I only hope that sense will prevail.