Asa Resource Share Discussion Threads

[taxibabe] 28/9/2016 09:23

A temporary blip blue bell plenty of buys coming through

[redtrend] 28/9/2016 08:52

AP - I really don't understand what figures you're looking at.

It's easy to look through the last couple of years and see levels of production, sales, C1 and C3 cash costs have vastly improved under new management. Head grades for both Freda and Bindura are consistent - sometimes little bit lower, sometimes a lot higher for Bindura.

You have constantly been looking to the past and talking this down when ASA was around 0.5p. It's more than tripled and should be clear to anyone this isn't just market sentiment.

[blueball] 28/9/2016 08:50

A shake out this am.

[taxibabe] 28/9/2016 08:00

Mr Macgreggor yes I made a mistake but I luckily did not act on my own opinion/advice. I instead adopted reverse thinking I wrote what I thought and others did and then did the reverse on the grounds that I was usually wrong lol

[taxibabe] 28/9/2016 08:00

Mr Macgreggor yes I made a mistake but I luckily did not act on my own opinion/advice. I instead adopted reverse thinking I wrote what I thought and others did and then did the reverse on the grounds that I was usually wrong lol

[the stigologist] 27/9/2016 18:56

Did anybody go to AGM?

[dasw] 27/9/2016 16:33

I would have thought with summer over the kids should be back at school

[skidaddle] 27/9/2016 16:03

The wonders of social media paper trails.

[theklf] 27/9/2016 12:40

grow shareholder value
in place to deliver strong results

[theklf] 27/9/2016 12:39

great comments

Speaking after his appointment Mr Murangari observed, "Asa Resource has gone through a tremendous transition over the last year" under Mr Ning's stewardship and that the appointment as chairman "was a challenge and an honour." "Our business here is to grow shareholder value. It is the only way a business can survive. We must make profits and develop the businesses as an AIM Listed company."

Mr Ning commenting on the board changes, "David's appointment is part of our long-term strategy to promote the Group's reputation within Zimbabwe and to strengthen our mining credentials. I took on the role of Executive Chairman during difficult times in 2015 and it was my intention to rebalance the board once the business had been stabilised. I believe we now have the team in place to deliver strong results in the years ahead. It is my intention to remain as Chief Executive until a suitable successor is found."

[asmodeus] 27/9/2016 12:10

Well, sentiment or not, I am at last making a profit on this former dog.

[taxibabe] 27/9/2016 12:07

Oh really Mr Macgreggor "below 0.40p" lowest I saw was .035-45" so you did well to buy heavily below 0.40p, very well lol. I paid 0.65p and 0.72p for most of mine. Quite happy with them; not selling until a quid. Yes 1.2 million sterling is a nice pension indeedy

[apfindley] 27/9/2016 11:58

Turning it around???????Eh?You're seeing a rise in shareprice based on sentiment toward the metals sector.....the company has certainly not been turned around.Have you checked the levels of production, the head grades, sales, C1, C3, etc.....it's all deteriorated significantly.Did you read in the rns that they had a 93% reduction in profit level.Anyway.HeadBurySand

[mr macgregor] 27/9/2016 11:49

Hats off to Mr. Ning for turning the company around.

[jailbird] 27/9/2016 11:42

RNS Number : 9574K

ASA Resource Group PLC

27 September 2016

27 September 2016

Asa Resource Group plc

("Asa Resource", "the Group" or "the Company")

Board Changes - Executive Chairman

Asa Resource Group plc announces that at a meeting of directors held on 26th September 2016, it was agreed that Mr Yat Hoi Ning would step down as Executive Chairman to accept the appointment of Group Chief Executive. Mr David Murangari who was recently appointed to the board, was unanimously appointed as non-Executive Chairman of the Group. These changes are with immediate effect.

Speaking after his appointment Mr Murangari observed, "Asa Resource has gone through a tremendous transition over the last year" under Mr Ning's stewardship and that the appointment as chairman "was a challenge and an honour." "Our business here is to grow shareholder value. It is the only way a business can survive. We must make profits and develop the businesses as an AIM Listed company."

Mr Ning commenting on the board changes, "David's appointment is part of our long-term strategy to promote the Group's reputation within Zimbabwe and to strengthen our mining credentials. I took on the role of Executive Chairman during difficult times in 2015 and it was my intention to rebalance the board once the business had been stabilised. I believe we now have the team in place to deliver strong results in the years ahead. It is my intention to remain as Chief Executive until a suitable successor is found."

[taxibabe] 27/9/2016 11:05

I see you did not have the foresight to buy in heavily sub 1p like me. Well Mr Macgreggor tough - you have to take these misses in the chin. Maybe you will get brave when they are over 10p? Maybe not either way keep carping and please dont buy or if you do tell me first lol

[jailbird] 27/9/2016 07:23

27 in total I think

[jailbird] 27/9/2016 07:21

More than 20 mines suspended , mainly Nickel