Ferro-alloy Resources Share Discussion Threads

[the stigologist] 19/3/2021 10:19

From new FAR video by VSA paraphrasing

"171p price target not outlandish and $2bn NPV could even go up"

[knowing] 19/3/2021 10:06

Well very nice for us Long Termers I must say

[the stigologist] 19/3/2021 10:05

VSA video out...

[jailbird] 19/3/2021 10:05

OMG SOS

No just holding from profits

But I would have bought more if it went sub 20p...just happy to let these run now

I have my core cash in another stock.

It is all about timing SOS...I thought news here would come few months later.

which would have allowed me to start to build a decent holding here

Such is life in investing.

NB is done me like a kipper :-)

[the stigologist] 19/3/2021 09:41

Reading between the lines here...

The fireworks not even started yet

FAR may well be central to Mick Davis SPAC not just a satellite investment

Also

They are out marketing next week... you don't want to be short

[sos100] 19/3/2021 09:33

jailbird -so you bought back :)

[zb27] 19/3/2021 09:18

I bet VSA Capital will be calling their high net worth contact to buy in by the truck loads here!! :)

[the stigologist] 19/3/2021 09:12

The 'exciting' FAR video which justifies initial 78p target out soon according to Andrew Monk of VSA Capital

[jailbird] 19/3/2021 09:11

LSE poster 38p first stop

luckily no gaps to fill

[losses] 19/3/2021 09:08

If we close at this level 30-31 then could soon be heading to 50p. Added more

[zb27] 19/3/2021 08:35

NT to Buy AGAIN. $2bln NPV, long way to go. Patience will truly be rewarded here.

[easwarareddy] 19/3/2021 08:26

Hm something happening...

[easwarareddy] 19/3/2021 08:24

Pass 30p today

[the stigologist] 18/3/2021 16:15

FAR looks like it wants to slingshot higher

Feel it will be under long term Institutional accumulation and they will want in and be strong hand buyers because of twin attraction of it being a Green Battery Metal company + the next UK Xstrata? / Mick Davis vehicle (he only turned Xstrata into a multi billion FTSE 100 Company)



The NPV of the underlying project is c.$2bn ! versus current FAR Mkt Cap of c.£90m at 27p

[easwarareddy] 18/3/2021 15:28

Might break now

[losses] 18/3/2021 14:44

28p ish seems strong resistance.. fallen back 3x times from the level. Once it breaks the. Could be easily heading towards 50p... otherwise might become range bound 18-28

[losses] 18/3/2021 14:42

Will do thanks

[ukgeorge] 18/3/2021 14:23

bought 10k pure punt. @27p roll on a load of good news flow VSA are going to be promoting the company the next few weeks.

[easwarareddy] 18/3/2021 14:14

Hoping tomorrow will be past 30p

[the stigologist] 18/3/2021 13:47

Mkt Cap £100m ?

NPV $2000m ?

[ukgeorge] 18/3/2021 13:34

tried to buy earlier couldn't get an online quote kicking myself now

[ga_dti] 18/3/2021 13:26

Written Q&A for the latest DT interview with Nick:

[spacetomato] 18/3/2021 13:04

Losses, check the interview with Nick Bridgen. He explained why it dropped:

hxxps://www.cruxinvestor.com/videos/ferro-alloy-resources---a-better-way-to-do-the-things-we-do

[cyberbub] 18/3/2021 12:29

Losses:1. They didn't/couldn't raise enough money at IPO. Mr Market knew they needed more money and forced it down.2. They (luckily) IPOd at a time of high V prices, but these were falling, which blew a bit of a hole in their financial position.3. Falling V prices affected investor sentiment.4. A large American insti holder threw in the towel in October (probably "window dressing" forced them to), clearly them selling out had been pushing the price down too.DYOR etc