Asa Resource Share Discussion Threads

[plasybryn] 29/9/2016 09:33

On that point it says "when the smelter is fully operational our payability is expected to improve from current 65% to c. 85% of the LME market spot price"Can anyone explain that in plain English please?

[redtrend] 29/9/2016 08:37

Smelter very positive news. Confirmed Nickel Spot required to give Management assurance is $10K/ton and no longer dependant on third party agreements - any agreements will simply be cream on the top!

[the stigologist] 29/9/2016 08:23

They seem to be meeting Investors ? Probably going to be some Corporate action ? Institutions may be in the market and MM's/Brokers may be trying to 'start' them off?

[jailbird] 29/9/2016 08:16

what is with the large the gap...4v4...some sort of order in maybe?

[blueball] 29/9/2016 08:09

Should be 2.20p on that smelter news imo.

[the stigologist] 29/9/2016 08:08

Break 2 could gap to 4 in short term

[mreasygoing] 29/9/2016 08:06

Beautiful. The company seems to have people who know what they're doing nowadays.

[jailbird] 29/9/2016 08:05

jump to 1v2

[jailbird] 29/9/2016 08:04

well market seems to like it ..buyers back...1v1 on Level 2

[jailbird] 29/9/2016 07:33

Looking to consolidste Gold projects and list them as a separate entity Director sold a million for tax purposes Nickel smelter to come online within 6 months

[the stigologist] 29/9/2016 07:33

Confirmation on some of my thinking re ASA Gold

If they announce China listing this will be HUGE

Also pointed reference to Randgold. I bet discussions underway.

Looking for 10p+ here within one year now

[casabella2] 29/9/2016 07:13

Liking this rns.Lots of detail to where we are heading.Should see some good share price movement over the coming months.

[jailbird] 29/9/2016 07:09

Nickel news positive for BNChttps://news.markets/commodities/nickel-price-set-advance-27332/

[the stigologist] 28/9/2016 14:38

The commentary out of the AGM seems very positive. I think the Management changes are interesting but can't really see the immediate reason for them? Presenting a more 'Indigenous' face to Zim authorities perhaps ? OR maybe they are serious about splitting off the ASA Gold bit (The Chinese could lead that listing in China). Then Rump ASA i.e. Bindura Nickel could be run by the Zim guys with Bindura background ?

On valuation an ASA Gold listing would be 'all bets off' type announcement. $250m+ valuation for ASA Gold on UK listing or $500m+ on Chinese listing and you'd be looking at a share price of 10p+ could come very quickly here.

[luckymouse] 28/9/2016 12:24

Nice one Brahms

[blueball] 28/9/2016 12:00

Recovering now after the shake out this morning.

[charliemike] 28/9/2016 10:21

Nice tree shake giving punters a chance to get back in . Methinks 2p will be history soon .

[brahmsnliszt] 28/9/2016 10:02

I've sold from Friday afternoon pre close above 1.90 to 1.75 today yes.
Had quite a few so fed it in. Still have a few left in the sipp as I said.

[taxibabe] 28/9/2016 09:57

was that you at 1.75p brahsnlislr?-+

[taxibabe] 28/9/2016 09:57

was that you at 1.75p brahsnlislr?-+

[brahmsnliszt] 28/9/2016 09:32

Took all off the table in the ISA and trading account this morning. Has 3 bagged since my initial purchase in July at 0.60. Prudent to take that off the table in my opinion.
Have kept the position in the SIPP - see what pans out in the long run.