African Min. Share Discussion Threads

[seanywauny] 08/1/2015 15:07

You'd be a lunatic to sell now imo after all we've been through. 18 months at least for me and I would expect the price correction to be close to £2 if not higher.I feel for folk who sold Taylor Wimpey at 5p not so long ago.

[kirk 6] 08/1/2015 14:37

same here, when we commence trading it should be alot higher than 10p

[fishyneck] 08/1/2015 14:25

Yeh I'm certainly of the feeling that the longer it goes on the less chance of the plug being pulled. The first few days of suspension were the tricky ones when I expected the dreaded RNS. I would have snapped your hand off for 10p a share a few weeks ago, now I'm happy to ride this out!!

fn

[seanywauny] 08/1/2015 14:16

It's starting to feel that way isn't it.Why concern themselves with keeping the workforce happy with their additional 7% Xmas bonus.Not exactly the actions of a company about to enter administration is it.

[fishyneck] 08/1/2015 14:11

Thanks for posting, at least we're still in the game!!

fn

[kirk 6] 08/1/2015 14:09

sean - boom time soon.

[seanywauny] 08/1/2015 13:24

From LSE:'PhonecallJust off the phone with Duncan who was as cautious as they always are. He is working Under Matthew Hird. I criticized the handling of the situation with regards investors. I asked him to relay that to the board.From what I could gather (pulling teeth) they have options, are working round the clock to get the right one and the marampa deal is a very good thing for all. I countered with "it is a good thing for FT for sure " he countered with" for all". I asked if they had other parties there(could mean SISG and GL etc) he could have taken it to mean just SISG and he said that there was a dialogue. Asked if we could expect news soon and he was non-commital. Asked if they were just coldcalling and frantically seeking a miracle (i.e no real avenues) and he said that it was discussions with a definitive endpoint(my wording) He told me that AW was there yesterday which would suggest that whereyoutoo was spot on again in his observations .FT due soon enough. He said that any news will have to go through AIM first and jefferies (nomads)etc which i think is good . I said "are you confident we will avoid administration?" he said he was "confident they are working hard on the different options" or words to that end. Over and Out'

[newswseller] 07/1/2015 22:26

Bbc news reporting ebola levels have levelled off in SL

[fishyneck] 07/1/2015 18:41

The next RNS could still be 'we've tried everything but unable to conclude a deal....' Although as the time had gone on I have become more confident there is a future here. It is obvious there are plenty out there trying to keep this afloat.

Fn

[deusfaber] 07/1/2015 18:11

people over there must have some inkling...
what is the normal path to administration??lots of meetings??
I think not.

[newswseller] 07/1/2015 17:41

More from Liu, who knows if it's good news though? Estoy bien. English isn't my native language, speak Spanish , what I've said , is that top management and senior stuff are in London office , they where call in , update (for employees ) will be early next week (must be)or end of these week , that what know , I,m waiting too ,AgreeDisagree

[sapper2476] 07/1/2015 17:05

Lol. If we trade again I would be happy.

[sweepie2] 07/1/2015 16:33

Feeling in the dark like a postman knock game, can't do anything about it so just chill and don't make outlandish predictions

[seanywauny] 07/1/2015 16:30

A bit sweeter than 85p I think. The BOD paid a lot more for their shares than that.

[kirk 6] 07/1/2015 16:25

85p a share

[fishyneck] 07/1/2015 16:14

So hypothetical stab in the dark at what Glencore might offer us?

[seanywauny] 07/1/2015 15:21

I see 'big fishes' as 3rd party interest counter offer discussions. Fingers crossed Glencore are there offering a better deal, or better yet offer a full buyout.

[fishyneck] 07/1/2015 14:45

My translation of the above....."Directors in London office as we speak, employees will be informed on progress via email after the weekend, hope we hear before then, that's all I know...."

Still could be taken either way....

fn.

[newswseller] 07/1/2015 14:36

LiuBig Fishes are in London Office , Email for employees after weekend , hope before ,that's itAgreeDisagree

[earnestwipplethwaiteiii] 06/1/2015 21:07

OTC means nothing - minuscule volume and vast spread.

[kirk 6] 06/1/2015 20:40

Ami OTC up 220%

[kirk 6] 06/1/2015 17:13

Yes iron ore shot back over $70 bodes well

[fishyneck] 06/1/2015 17:04

We've just got to get unsuspended with no debt....simples!!

Got a good feeling now of a good outcome...maybe because I've stopped reading the other extreme highs and lows board!

fn.

[newswseller] 06/1/2015 16:55

Looking OZ miners some up nearly 100% since December lows