Alecto Energy Share Discussion Threads

[danielmiller1] 15/8/2016 21:12

If it can gain like this on such a close buy/sell ratio and no news..................what's going to happen on good news?

[blocker2] 15/8/2016 15:50

Small steps

[laptop15] 15/8/2016 12:58

Haha....lots of buying today away :)) think this company has lots of potential!!

[blocker2] 15/8/2016 08:40

Let's get this party started.Money fountain, just turn the water on!!!!!!

[danielmiller1] 12/8/2016 21:58

IF YOU THINK YOU KNOW THE TRUTH THEN POST IT UP HERE IN POUNDS PROFIT OR POUNDS LOSS.

THEN BACK YOUR FIGURES WITH HARD CASH, IF YOU HAVE ANY THAT IS.

I HAVE NO NEED TO PRETEND ANYTHING ESPECIALLY ON YOUR DAWGIE SHARE ON WHICH I HAVE BEEN CONSISTENTLY RIGHT ON THE BUTTON SINCE I CALLED ITS FALL FROM 12P.


DREAM ON LOLOLOLOOLOLOLOLOLOLOLOL

[kimboy2] 11/8/2016 16:10

Well if you are daft enough to believe that there are a number of options for funding then you deserve to lose your money.

As for GDP it is already producing, is debt free and profits are increasing. I am sorry you lost your money but, as you know, many of us are well in profit now - partly it has to be said due to your crazy ranting.

It is interesting that having got GDP wrong you end up washed ashore on a complete punt believing it is a sure thing.

[kimboy2] 11/8/2016 14:07

Well if 'financing MUST be in place by September' I am sure it will be.

I don't suppose there is any point in asking what the consequences will be if their financing isn't resolved in the next fortnight. After all it isn't within their control.

[danielmiller1] 11/8/2016 10:52

Talk facts eh. Well first of all MJ has said financing MUST be in place by September in order to conform to the ALO plan of action. I for one am quite prepared to adhere to this instead of the ranting of some insanely frustrated envious little twerp with nothing sensible to bring to the table!

[kimboy2] 11/8/2016 10:26

Yes much easier to do that than contest the facts.

[danielmiller1] 11/8/2016 10:20

Like most GDP suck in share pholders who post here try their best to put down ALO Kimboy is all bitter and twisted. No need for further comment his posts say it all.

[kimboy2] 11/8/2016 08:07

In Zambia, the historical Matala and Dunrobin gold mines have, in aggregate, a 760,000 oz Au JORC Code compliant resource estimate in the Measured, Indicated and Inferred categories at an average grade of 2.3g/t Au. The Company is focused on bringing Matala into low-cost production in the near to mid-term.

[pranchalee] 11/8/2016 08:01

No your not so end of conversation

[kimboy2] 11/8/2016 07:20

I was merely quoting what the company is saying.

As for analysis I think you only have to look at the graph at the top of the page to get the gist of the direction of travel. The new CEO took over in October 2013 when the price was 10x what it is now.

This share is all about finance and the terms at which they can raise funds. The lower the price they get with their placing the more of the profits the large shareholders who participate in it will scoop.

Who knows perhaps they will leave a bit for present shareholders. Past experience suggests it won't be much.

[pranchalee] 11/8/2016 07:07

kimboy suggest you do a bit of more research of the facts that are available and then the quality of your analysis may be taken seriously

[kimboy2] 10/8/2016 23:24

I am sure other investors in ALO will be impressed by the quality of your analysis.

[danielmiller1] 10/8/2016 23:06

Lolololololol you are just as nutty as your boyfriend stupid 7 all the info is freely available via Proactive clips, learn how to use them it will help you.

HANSIE used to be a regular contributor on ProActive until he found the true sad state of GDP, since then he has disappeared, it is strongly rumoured and it's only an unsubstantiated rumour and like all rumours of little substance however word has it that HANSIE may have left GDP and been paid hush money....who knows who cares I am not that interested in companies that deceive its shareholders.

[kimboy2] 10/8/2016 20:04

I believe that is what the company (or the Nomad) mean by 'near to mid term'. The idea that they will be producing by next summer is ridiculous. If they started construction today they may be ready by then.

The fact is they don't have any external financing yet. We do not know the terms of this, assuming it happens. It is very likely that the Chinese are going to want a decent slice of the company or the project for providing finance.

If they get that they will then ALO will have to do a fairly substantial placing of their own.

Whether any of the present small shareholders make a profit will depend on the terms of that placing. Most similar companies let their larger shareholders scoop the pool with a highly discounted and dilutory placing.

Very few of these tiddly gold propectors make money for small shareholders. You may do, but it is odds against at this stage.

Perhaps you can give me a few examples where exploratory type companies have made money for their small shareholders recently.

[danielmiller1] 10/8/2016 19:17

The company clearly states production will be next year. Where do you get 2-5 years from

[kimboy2] 10/8/2016 16:06

The company say production in 'near to mid term' which probably means 2 - 5 years is the plan. Most mines involve slippage in the schedule though.

[danielmiller1] 10/8/2016 16:04

I agree Bill there is always a downside. Most of my holdings here are under .07,so no need to Peres the panic button. Like you I wil l definitely be a buyer on further weaknesses although frankly I do not expect any.

According to the ALO objectives we can expect financing to be in place very soon and production my mid next year it's all well worth waiting for although one has to wonder why we see such "quick response" Mark downs

[pranchalee] 10/8/2016 13:57

need financing sorted first which should be shortly then production by next summer

[stealive] 10/8/2016 13:08

When does production start?