Ferrum Crescent Share Discussion Threads

[blackss] 15/6/2017 17:14

Great shame the company seems to have valued itself at .07 and the BOD obviously expect further placings at an even lower price as they are still not buying themselves. In answer to your question andrea, JT doesnt care about SP, he will raise whenever he can. He knows he will have to raise more on drill results in a few weeks so why not bung in a few more while we wait. as i say all he has to do now is keep this bouncing along the bottom for as long as he can and rake in £125k+ a year for doing very little. I cant imagine this is more than a couple of days a week and that's being generous. :-) Deja vue , we are now exactly where we were 7 years ago with moonlight, people guessing the value of the assets in the ground and trying to pass that on to the share price China was crying out for ore, we had a take off in place, licences and government backing .....you know the score....but we had 500m in issue and an share price of near 8p
Now the amount in issue is irrelevant as we trade at less than a tenth of the smallest denomination anyway and most people don't even know what a billion is .......lol
I now expect placings down to .02 and 4 billion in issue before long and the much talked about 5 bagger will take this to .01
In short its finished.

[andrea152] 15/6/2017 15:26

Awful, awful fund raise, to raise hardly any money, @ an awful price.

Why not wait till AFTER the drill results - thought JT was supposed to be an Ex-Stockbroker & understand these things.

Lifestyle Company now.


IMHO. DYOR.

[firemansam4] 09/6/2017 14:16

Have they ever participated, NO! i doubt they will ever participate its turning into another life styling company for management!

[blackss] 09/6/2017 13:55

Basically they have raised enough to pay the boards wages and very noticeably not participated in the placing.

[defcon3] 09/6/2017 13:25

...and there's that placing. Terrible fundraise.

[carbon man] 07/6/2017 13:33

3 buying orders so far this morning identified as sales on the screen.

[andrea152] 06/6/2017 11:23

Yep, placing , or some sort of debt/CLS seem an inevitability before end of August.

Drill program happening though, and funded through to completion.

Joburg office still seems to be open for some reason, and at a new address ? !......


IMHO. DYOR.

[blackss] 06/6/2017 08:53

yikes , the chart on page 22 says they are down to £300k cash !!

[defcon3] 06/6/2017 07:10

Placing ahoy!

[carbon man] 05/6/2017 21:00

Strange marks today. 2 x 7.5m looks like a roll at mates rates.

[defcon3] 04/6/2017 22:08

My post on 16th March:Obvious in the accounts today that FCR need to raise cash. They have enough for 2-3 months before they start to get desperate. $1.2m at year end, with average 6 month cash burn of nearly $900k.

[defcon3] 04/6/2017 22:04

Running on fumes!

[scyther] 03/6/2017 14:12

Anyone any idea on what the cash position here is?

[andrea152] 31/5/2017 09:59

Aus is only a very secondary market. There are no proper volume over there any more, as all of the action is on AIM. Even Ed Nealon dusnt bother any more in Aus, as he is chasing further new dreams with BZT & RLD. (gud luck wiv those Ed !).

We need to get out of SA & Aus, to get the costs down even further.

Agree wiv BlackSS sadly - things DO look rather dire right now - Moonlight has been a severe disappointment for many and BOD's lack of financial commitment is a serious worry, which won't go away, because, lets face it, they aren't going to put ANY of their own money into the Company - full-stop, end of story. They don't even need to exercise the Participation Rights, they just get "Given" the stock if their targets are met - which currently look laughably unachievable.

IMHO. DYOR. GLA.

[carbon man] 29/5/2017 09:32

There was a stack of buyers over in Aus this morning @ 0.002A$, not stock on offer under 0.003, may mean something or nothing.

[blackss] 26/5/2017 11:09

Personally i think this is now dying a long drawn out death with management collecting wages for as long as they can. I know they appear positive with the new drilling but i can't get past this funding issue.
We have billions of upset holders
A BOD with no voting rights
Last placing buyers already 60% down.
No confidence or support in the share price from the BOD
a likely next placing of sub .05 meaning Shares in issue will double to 4.5 billion ?
Not once has the share price climbed since the Spanish venture announcement, the share price has just accelerated if 7 year decline.

[blackss] 26/5/2017 10:47

Doesnt really matter when the placing comes as it will be cheaper than we are now so people will just hold off.

[andrea152] 26/5/2017 10:30

Placing rumor-mill is starting up again on LSE.

Can't see it happening till after the drill results personally.

Charts don't work with AIM stocks. Simplez, Sergei.

IMHO. DYOR.

[carbon man] 24/5/2017 23:45

Probably means nothing much, but here is the Br. Bulls take on this stock-




FCR.L

FERRUM CRESCENT



Last Signal: STAY LONG


Last Pattern: BEARISH HARAMI CROSS



Last Close:
0.1100


Change:
+0.0050

Percent change
+4.76%







Signal Update

Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 15/05/2017, 9 days ago, when the stock price was 0.0993. Since then FCR.L has risen by +10.78%.

Market Outlook

The bulls are strong. The negative sentiment that led to the last bearish pattern has evaporated. Besides, the signal is suggesting to STAY LONG. It is best to follow the signal and continue to hold this security, but with a more cautious attitude. more...

[andrea152] 18/5/2017 15:09

He said they'd just use the Monika "FCR" instead of Ferrum - and that's just wot they've done. No money to do anything more comprehensive !

IMHO.

[blackss] 18/5/2017 10:31

Casnt be...In his podcast JT saif Ferrum would go because Ferr came from Ferrous and we were no longer in iron.

[andrea152] 18/5/2017 10:12

I think that IS the rebranding ! Shoestring stylee !

IMHO.

[blackss] 17/5/2017 11:48

I was being ironic :-)

[mrphiljones] 17/5/2017 11:32

"If Corbyn gets in" ...ROTFLMAO or if ET becomes president of the United States.....:-))))