African Min. Share Discussion Threads

[casual47] 30/1/2015 15:55

Also, what is a stitch up for a PI with an average of 100p+ may be OK for a PI with an average of closer to 10p

[fishyneck] 30/1/2015 15:47

I'm not accusing any poster of telling fibs but I'm sure any AMI or associated company board member would be very careful as to the responses given out in telephone conversations with PI's. Therefore it is likely that people are reading between the lines of answers given, which can usually result in inaccurate 'facts'. We have no option than to wait for the official RNS, only then can we start to assess if this has indeed been a 'stitch up'.

fn.

[earnestwipplethwaiteiii] 30/1/2015 15:37

It's headless chicken Friday.

[deusfaber] 30/1/2015 15:34

IT is a nuthouse for sure but gotta say that the poster vovnihil is right.
We are getting taken to the cleaners and will get nothing for our shares.

[fishyneck] 30/1/2015 15:27

My Lord!! I've just had a look over on lse for the first time in ages..."where's my valium nurse??" That's one crazy mixed up world!!

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[deusfaber] 30/1/2015 15:18

get zero in admin.

[cantrememberthis2] 30/1/2015 14:40

So what if we sisg pick this up... 1p back per share is better than 0p

[casual47] 30/1/2015 14:39

SISG is a minorty holder....if someone comes in who has the funds how hostile can they get?

[seanywauny] 30/1/2015 14:34

That sounds fine to me but apparently no outside 3rd party or investor wants to get involved with SISG being so hostile.I emphasise apparently!

[cantrememberthis2] 30/1/2015 14:26

So what if they are standalone. A buyout of the entire aml 75% would suit me fine aslong as there is a few bbits of shrapnel left of a few pennies ofr shareholders.

it would make aml an investment shell...so what again it takes all the politics out of tonk...

lse guys just dont get it... who cares if it goes belly up... 75% ownership would beccompeted in admin and not given for free

[seanywauny] 30/1/2015 14:24

Released an hour ago, don't know why, we knew this already:-

[casual47] 30/1/2015 13:54

Screwed as in 100% loss or screwed as in low ball offer.....that is the question.

[shimmysham12] 30/1/2015 13:51

Yep. Getting tired of all this. Just want to move on. The lse board is like a teenagers moods. Just get on with it Ami.

[seanywauny] 30/1/2015 13:29

Looks like we're getting screwed according to LSE :/

[fishyneck] 30/1/2015 12:43

Earnest - accepted!

After all that's gone on and been discussed I just can't see how this can end with the 'nothing left for shareholders...' RNS. Of course this is AIM so count nothing out but there seems to be a massive effort to find a resolution which is heartening in a day and age when AIM shares seem to go to the wall rather too easily.

Everything still crossed....

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[earnestwipplethwaiteiii] 30/1/2015 12:10

Fishyneck - a thousand grovelling apologies.

[fishyneck] 30/1/2015 11:54

Thanks earnest, by the way its FishyNECK! My mam hates it when people get it wrong...

[seanywauny] 30/1/2015 11:35

I believe so.I don't know if the Buffet Cliche' ' buy when others are fearful' applies to Major Mining Company decisions but you have to admit that now is the perfect time for a major to step in here and gobble up the lot.They could even get SULA dirt cheap right now next door and ring fence this entire IO quadrant to produce over 40mtpa + of high grade.

[earnestwipplethwaiteiii] 30/1/2015 11:31

Fishsticks - it was the third meeting in HK in recent months, and yes, the feeling on LSE this week has been that AML are in a stronger position vis-a-vis SISG than was previously assumed - due largely to the claim that AML have 'strong interest' in a stake from third party(-ies). So, whilst perhaps the word ultimatum is too strong, a firm request for an answer by the end of this week sounds feasible.
In any case, judging from word trickling out of SL (if that can be trusted) things look to be gearing up for a resumption of some sort of activity at Tonko.

[kirk 6] 30/1/2015 11:28

A deal has been done or why else the changes

[fishyneck] 30/1/2015 11:04

Who impemented a deadline, AMI? Does that mean give us an answer or we've got others to talk to?

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[seanywauny] 30/1/2015 10:53

We should know what's going on soon anyway. Today was the deadline for SISG to make up their minds apparently, according to LSE.An RNS this afternoon would be very welcome.

[earnestwipplethwaiteiii] 30/1/2015 05:47

Of course it doesn't, it's just that he's got his period.

[tommy107] 30/1/2015 05:28

deusbag can't seem to find where it says that