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AME African Min&Ex

3.625
0.00 (0.00%)
09 May 2024 - Closed
Delayed by 15 minutes
African Min&Ex Investors - AME

African Min&Ex Investors - AME

Share Name Share Symbol Market Stock Type
African Min&Ex AME London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 3.625 01:00:00
Open Price Low Price High Price Close Price Previous Close
3.625 3.625
more quote information »

Top Investor Posts

Top Posts
Posted at 27/9/2013 16:37 by broncowarrior
Thanks Rabbitman. Shame we haven't really seen any buys as a result today.

Off topic, how was FML's presentation? There are a lot of trust issues for investors there, I bailed out of them a few months back.
Posted at 26/9/2013 14:03 by howdlep
Proactive Investors‏@proactive_uk17m
Savannah Resources boss Archer expects drill results to be 'compelling'
Posted at 26/9/2013 07:28 by dontshootthemessenger
African Mining and Exploration Limited ('AME or 'the Company')
Proactive Investors One2One Forum

African Mining and Exploration is pleased to announce that Mr. David Archer will be presenting at the Proactive Investors One2One Forum in London on Thursday 26 September 2013 at 6.00 p.m. at the Chesterfield Mayfair Hotel, 35 Charles Street, London, W1J 5EB.

Mr. Archer will give a presentation at the event outlining the Company's strategy and updating upon recent developments. The presentation will be available to view on the Company's website, www.ameplc.co.uk before the event.

To register a place at the Proactive Investors One2One Forum, please click on the following link: [...]
Posted at 28/8/2013 12:29 by broncowarrior
Just read the RNS again and it looks like the strategy will be more as investor, rather than as an actual miner, which is fine by me at the current time. We might therefore expect a further investment into a small mining company with prospective licences. Other companies such as (I believe) Solo Oil adopt this strategy and it works for them.
Posted at 22/8/2013 09:58 by broncowarrior
Aletco are worth about 4mm so a bit of a tiddler themselves. I hope this cornerstone investor is willing to plough some money in.

Not sure what their cash position is at the current time.
Posted at 21/5/2013 11:45 by broncowarrior
"It is with positive reflection that I write my first Chairman's Statement for this Company which has the potential to offer so much to investors. By rapidly advancing towards its maiden gold JORC resource, significant progress has been made by the Company on its journey to becoming a leading junior mining and exploration company. This is especially pleasing considering the limited budget expended to achieve the progress."
Posted at 01/4/2013 17:12 by john6185
Either AME is the best kept secret or most shunned share on AIM .... Mali political factor I assume??

1. 84m shares in circulation
2. 40%+ held by institutional investors
3. 5% held by the Chairman
4. Maiden Jorc expected in H1, for Gourbassi Asset, 1km open strike lengths and shallow deposits, suitable for low costs open pit extraction
5. £1.76m Cash in the bank, circa £60k monthly cash burn rate
6. Market Cap £3,47m
7. South Mali location, over 1000km away from any trouble.
8. Satellite geophysics light up like Guy Fawkes night.
9. Randgold Resources very active in Mali and likely Buyer/Developer/JV Partner. (TBA)
10. Existing Warrants at 12p
11. In terms of my personal conviction to AME - I have £30k on AME and its my 3rd biggest play.
12. Recent presentation below. NB. the actual use of the work Bonanza grade should catch the eye.
Posted at 30/3/2013 09:58 by sparty1
Yes that was a point put by the ceo in the last presentation ..It does seem the size of mali and actual area of prospects are misunderstood by some otential investors.
Posted at 27/3/2013 08:54 by sparty1
bronco,I`m convinced the mm`s could not cope with it.Too few shares,too many peoplke sitting with high averages who will not sell. I doubt PRAE would sell or directors so ...a real squeeze would take place.Very much like noventa,which went up 300% in a day / day and a half. Noventa of course is high risk basket case! One of the largest investors there JG over on lse board ..Now has A million of these..I wish I could afford to buy that many.We really should be double figures imo.The situation is much brighter than it was when that figure was last touched.
Posted at 28/2/2013 08:33 by selfservice
Investor Evening: African Mining & Exploration and Ferrex PLC

19 March 2013 18:00
The Cote Brasserie @ Cote St Pauls, 26 Ludgate Hill, City of London, EC4M 7DR, UK

African Mining and Exploration (LON:AME) shares are currently trading at just 3.625p, with a market cap of around £3million and approximately £2 million cash at bank covering the cost of planned operations for the next 18 months or so. We recently covered AME with our Value Proposition Report which you can read here.

The company has a clutch of licences in highly prospective ground in Southern Mali, geologically close to significant gold discoveries and gold producing operations and geographically distant from the troubled North East of the country.

Their recent acquisition of Caracal Gold brought in additional highly prospective licences and with resource definition drilling about to start at Kossanto, the company hopes this will lead to the definition of a material gold resource next year. To this end AME are planning to spend up to $1.5 million on exploration work over an 18 month period to develop the recently acquired prospects with this work funded from existing cash resources.



Register Cost: FreeInvestor Presentations 2013 | @ The Cote Brasserie

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