Asa Resource Share Discussion Threads

[plasybryn] 19/4/2017 08:42

Very tempting.
Decisive action by Co. and reassuring RNS.
There are too many people involved with too much too lose to prevent this from being sorted.
The shorters had there bit of fun and behaved as you would expect.
All prophesying the end to worry investors out & maximise their short.
The tables are firmly turned today.

[letmepass] 19/4/2017 08:39

Still alot more to figure out.. Tempting

[jailbird] 19/4/2017 08:33

But foolish to buy this now ..

[jailbird] 19/4/2017 08:33

Well I can buy 750k within spread... errrr... not difficult at all Skid

[falia] 19/4/2017 08:33

HERE WE GO ABOUT TO GO UP

[gfrae] 19/4/2017 08:20

Pretty astonishing that today's announcement is written and signed by Dearing who by underhand means put the crooks in charge of this company and in a position to steal what they have stolen. This Dearing or the other must have received some form of kick back to put them in control
I wonder if the company secretary knows the beneficial ownership of the various Chinese shareholdings ? One would assume he does and is or has been complicit with the thieves.

[skidaddle] 19/4/2017 08:19

ASA shares are going to be difficult to buy in any amount today.

Even when the shares were sub 1p yesterday, they wouldn't quote me a price for 350,000. I had to do it at best and it took 15 minutes pending before I got them at 0.99p.

[casabella2] 19/4/2017 08:16

Lets hope we have got shut of the loony posters from yesterday.

[falia] 19/4/2017 08:15

SORTERS FKD

[falia] 19/4/2017 08:06

BACK UPTO 2P

[mreasygoing] 19/4/2017 08:04

Back to a nice quiet thread.

[mreasygoing] 19/4/2017 07:47

The board has NOT relied on these amounts and recovery of the capital is expected to improve the cash position. Add.

[mreasygoing] 19/4/2017 07:43

Well done the board for acting so promptly. Margin calls all round for shorters

[plasybryn] 19/4/2017 07:41

Shorters having the rug pulled from under their feet. Feel sorry for them ....not

[asmodeus] 19/4/2017 07:37

What it means is that hysterical de-rampers can now be ignored and filtered, and the rest of us can get back carefully to read the rns and decide for ourselves whether to sell, buy, or just hold on and await developments.

[deadly heisenberg] 19/4/2017 07:07

Can anyone comment on the excerpt below? What do you think this means from today's RNS?

Thanks in advance.






The cash analysis reveals that there is a pressing need for cash at ASA, FRGM and BNC levels and that the matters now under investigation have prejudiced their normal cash flows.







how do they get funding? what kind of funding?

Loan conversion from Darwin & co.?

Are they insolvent?

Should the shs be suspended?


are they cash flow negative now?


Can they pay the poor african salaries this month?

Hope the BOD forgo their salaries and instead pay the poor african? It's the scumbag bod who failed everyone.

[deadly heisenberg] 18/4/2017 22:02

Hey Red


Can you comment on the excerpt below? What do you think this means from today's RNS?

Thanks in advance.






The cash analysis reveals that there is a pressing need for cash at ASA, FRGM and BNC levels and that the matters now under investigation have prejudiced their normal cash flows.

[23915825] 18/4/2017 21:41

Bankruptcy looms

[23915825] 18/4/2017 21:40

Bankruptcy looms