Ambrian Capital Share Discussion Threads

[baht] 15/10/2007 14:52

Fordtin I think you have the right idea, but I dont think you should link the price to anything which is subject to the world of political correctness and more importantly is a football for politicians especially Chancellors when they need a couple of extra bob in the coffers. A long time ago I remember seeing an explanation of inflation since the W.W.II measured in Mars Bars!

[baht] 15/10/2007 13:07

Has Gold hit a 28 year peak? In a word No. In value terms if you inflation adjust the US Dollar then the Gold price peaked back in 1980 at (in todays terms approximately)US$1700, fell back and rose again to US$ 1,500 in late 80 early 81. With current price of US$750 we still have a long way to go.

[davebowler] 15/10/2007 11:32

: Metals - Gold hits new 28 year peak, platinum surges to new record high
Date : 15/10/2007
Time : 10:10
Source : TFN

Metals - Gold hits new 28 year peak, platinum surges to new record high
LONDON (Thomson Financial) - Gold rose to a new 28 year peak as the US
dollar weakened further against the euro and as oil prices held near new record
levels set on Friday, sparking inflation concerns.
Meanwhile, platinum set a new all-time record on continuing supply worries
in South Africa.
On Friday, the country's largest mining union said it plans a one-day strike
over deaths and accidents at mines.
The news came amid continuing supply disruptions at Anglo Platinum's
facilities in South Africa. The disruptions are a result of power outages in the
country that began last week and could last through this week.
"Platinum... continues to hold the most bullish forecast of the precious
complex as the already tight fundamentals could be made tighter still should
South African mine workers strike," said TheBullionDesk.com analyst James Moore.
At 9.37 am, spot platinum was quoted up at 1,420 usd per ounce against 1,417
usd in late New York trades on Friday, having just set a new all-time record
high of 1,422 usd per ounce.
Spot gold was up at 756.30 usd per ounce against 748.75 usd in late New York
trading, having just climbed to 756.40 usd -- its highest point since Jan 1980.
"Gold... looks set to make further tests higher in the coming sessions as
both speculative and investment money flows into the market," said Moore.
He added investors will also continue to look to gold as a hedge against
inflation, particularly with oil prices set to remain high as winter approaches
in the northern hemisphere.
Elsewhere, silver was up at 13.93 usd per ounce against 13.79 usd, while
palladium rose to 376 usd per ounce against 374 usd.
maytaal.angel@thomson

[drago] 15/10/2007 11:02

gold $755, plat over the $1400, surley not a bad thing for ambr's investment holdings.
if this keeps up long enough, we'll have the same discount situation we had at 5p.

[marky4] 12/10/2007 16:38

AMBR have sold part of their stake in AYM

[drago] 12/10/2007 16:08

ambrian nomad for centamine = more fees ?

[techmark] 12/10/2007 13:51

Because you said it was going down!

[slapdash] 11/10/2007 22:26

why the rise???

[drago] 11/10/2007 22:25

i think they have a load of mana too, that's up about 10% today,

hope the rot's been stoped

[surfer2] 11/10/2007 21:13

"So, what was the reason for the rise today?"

er ... look at fordtins post above..?

[london calling] 11/10/2007 20:46

So, what was the reason for the rise today? was it anglesey mining, the hong kong group uping its stake,dvance buying before an Investors Chronicle share tip on Friday or just random...

[surfer2] 11/10/2007 14:57

bloody hell is there any share i have that hectorp doesnt own as well ?

[hectorp] 11/10/2007 13:05

If Ambrian can hold onto this gain for a couple of days it would be a turnaround. If so Ambr will prove a fine investment or medium term play.

[wookie77] 11/10/2007 13:03

Ok, so they made A LOT of money today!

[moogies] 11/10/2007 13:02

From


M.

Major shareholders
Last update 24 July 2007



The following shareholders have advised the company of an interest in the issued ordinary share capital as follows:


Shareholder ---------Number of shares Percentage
Juno Limited --------57,924,248 -----38.0
Ambrian Capital plc
(formerly Golden
Prospect plc) -------16,950,000 -----11.1
Range Global Fund Ltd 12,500,000 ------8.2

[techmark] 11/10/2007 13:00

It's worth noting that JLP had excellent drilling results today and is up 5% at the time of writing. The portfolio is high quality and I will be amazed if it doesn't appreciate significantly over the medium term.

[bonnard] 11/10/2007 12:56

Fordtin, I read it that the Amrians' holding in Anglesey mining is 3.4% of Ambrians portfolio. I don't think that Ambrian hold 3.4% of Anglesey.

[wookie77] 11/10/2007 12:47

cheers fordtin

[wookie77] 11/10/2007 12:43

SOrry what is the relationship between this and angelsey mining?

[techmark] 11/10/2007 12:22

Important to value the business as a whole.