Ferrum Crescent Share Discussion Threads

[carbon man] 08/1/2018 23:21

Bid appears to have been raised in Aus a little while ago.

[hedgebetter] 08/1/2018 20:13

Well it’s not just me - the TR1’s say something different as does every single trade where both parties to that transaction think they are right. One thing is certain, volume is starting to pick up in Aus, and in comparison to peers FCR looks like a great Zinc play, and Colin Bird will know much more than you or me..I suppose he will come at it from a less emotional viewpoint ..

[blackss] 08/1/2018 19:42

Well i wish you luck, maybe you will double your money and be able to buy next week's beano. Maybe you know why JT gave up a £125k a year job for doing sod all, maybe you know why no one on the BOD has put 1p in this, maybe you are right and everyone else is wrong, maybe you really believe anyone else really cares ? I know i don't ....lol

[hedgebetter] 08/1/2018 19:08

That is such a funny conspiracy theory. I am sure when the JORC 2012 comes out we will see how far off the mark you are. And Colin Bird saw the results and put his money where his mouth is. That £45k loss you are nursing based on an iron ore project has affected your judgement lol Zinc is where it’s at..

[blackss] 08/1/2018 18:54

Justin Tooth took one look at the initial test drill results and walked. He like the current directors invested exactly nothing in this in fact Tooth resigned on the day he said he would invest. How strange ...
Tell me , if this is such a great investment why do successive BOD's fail to invest ? Why is the share price down 99.9% and why has it fallen 60% since it became a zinc play. Why has the company got no institutional backing (apart from one guy who took on a few at a discount to the already collapsed SP).
By rubbishing previous sophisticated investors here who propped this up during its fall you are showing your ignorance. If it wasnt for people like me, alspalladium and tilly99, FCR probably wouldn't even have got this far. ;-)

[hedgebetter] 08/1/2018 18:24

Given you guys have lost so much do you think it would be wise to take any advice from you ...maybe you need to realise this is now a Zinc play .. very different .. in a first world country with tonnage and grade far superior to most zinc plays .. Those guys accumulating and putting in TR1’s are not listening to you - ever wondered why?

[hedgebetter] 08/1/2018 18:18

Looks like you lost yet another argument ;-) it’s just too easy lol

[blackss] 08/1/2018 17:47

Ha ha wotcha specy, you still holding this pile of poo :-)

[hedgebetter] 08/1/2018 15:51

It is indeed very basic stuff :-) look at the volume and price and Sale on asx - do the very simple multiplication .. e.g. 11.66m Volume * 0.2c = ...drumroll $23.33k ... so conclusion - the transaction took place at 0.2c.

[blackss] 08/1/2018 10:06

If you are correct and the best place to buy is in the Uk why on earth are people paying .012 in Aus when they could buy for .08 here ?
The fact is the the spread in Aus is 100% and no one actually buys/sells at 100% unless they are suicidal with their cash. They are probably buying at mid spread which suprise suprise is .08, same as here. I have no doubt there are deals to be done below that price as well.
Come on guys this is basic stuff !! I admire your attempts to talk this up but do it on facts not amateurish speculation and you might actually get some interest on these threads.

.......gone......

[denzilbricks] 08/1/2018 09:23

Yep...its even more expensive in South Africa to buy. Trading at 0.2 c which is the equivalent of 0.0119390.....the best place to buy now is in the UK.

[hedgebetter] 06/1/2018 19:00

That's incorrect. The market cap in Aus is currently est A$6.1m. hxxps://hotcopper.com.au/asx/fcr/ Buying at Aus 0.2c is the equivalent of the uk buying at 0.16 instead of 0.078...... work it out...it's HIGHER than what can be obtained in the UK - the opposite of what you are saying.. Did you notice the 55M bought across ASX and Chi-x just before the Xmas break when the offer moved upwards to 0.3C... ?

[blackss] 05/1/2018 09:09

The price in Aus has remained constant all week .001 on the bid .002 on the offer. People are buying at both prices i suspect and that gives the false impression of a rise.
Its probably people in the UK buying on the Aus exchange because its cheaper and getting a better price than here.
These are so cheap now the AUS system cant cope because their spread is 100%..lol

[aimshares] 05/1/2018 08:34

FCR Up 100% in ASXFCR closed up 100% up in Australia

[carbon man] 04/1/2018 09:58

A couple of biggish buyers around .0008p today in London, worth checking Aus tonight to see if a pattern is emerging.

[hedgebetter] 03/1/2018 20:01

Another positive day across the UK and Aus. Waiting for the trades to push through in Aus with almost 4% of the company being bid for. The bidders will soon get twitchy imo as this moves up :-)Time for the Aussies to up that Aussie bid quite a bit! Nice to see volume finally returning in the Aus and the Uk ..

[hedgebetter] 03/1/2018 03:24

For every buyer there is a seller. Good volumes either way...

[carbon man] 02/1/2018 23:25

Aussies buying again over there or is it Arb from London?

[hedgebetter] 02/1/2018 18:08

FCR is waking up .. some very interesting large transactions, some interesting TR1’s, and some interesting unexpected large volumes e.g Australia largest daily volume in 5 years last week .. positions being taken and making sure not to miss out on the JORC. However I reckon the runway is long and this will be the best recovery play in 2018 ..

[carbon man] 02/1/2018 12:59

Interesting point HB I noticed the turnover on Monday and still some more in Aus
overnight. This may be due for some interest again over the coming weeks. I feel that it is certainly worth watching again.

[hedgebetter] 01/1/2018 15:30

Re 14/8/2017'If all goes well, they might hav , say, 10-15m tonnes at Toral & another 3-4 m tonnes at Lago, which, in a worst case scenario, wud giv a combined total of 14m tonnes, which wud b a viable Zn/Pb mine, with the Zn price currently around $2900 / tonne.(i.e. worth about £15 Billion for metal in the ground). If the cost of production was, say $1500 /tonne, then over a ten year mine life and with 5 Billion shs in issue, that wud give an economic profit of 30p per share, per annum. (The latter figures are obviously my own postulations & opinions).

So, it's either going to fly to the moon, or die a horrible death. A Binary Bet, in other words.'

Interesting forecast on the existing NI43-101 for Toral. I forcast the JORC 2012 WILL include a silver credit (there are certainly no guarantees)and the Toral Tonnage WILL exceed the NI 43-101 by +50%. Even on existing figures it's a massive uplift. Compared to Alta Zinc which has a mkt cap of £8m and a quarter of the tonnage based on the NI 43-101 alone, this is probably the reason Myles (who has taken stuff through to profuction) joined the board. it's a quality asset but there needs to be higher JORC categorisation confidence levels in the asset..

[hedgebetter] 01/1/2018 15:26

Re 14/8/2017'If all goes well, they might hav , say, 10-15m tonnes at Toral & another 3-4 m tonnes at Lago, which, in a worst case scenario, wud giv a combined total of 14m tonnes, which wud b a viable Zn/Pb mine, with the Zn price currently around $2900 / tonne.(i.e. worth about £15 Billion for metal in the ground). If the cost of production was, say $1500 /tonne, then over a ten year mine life and with 5 Billion shs in issue, that wud give an economic profit of 30p per share, per annum. (The latter figures are obviously my own postulations & opinions).

So, it's either going to fly to the moon, or die a horrible death. A Binary Bet, in other words.'

Interesting forecast on the existing NI43-101 for Toral. I forcast the JORC 2012 WILL include a silver credit (there are certainly no guarantees)and the Toral Tonnage WILL exceed the NI 43-101 by +50%. Even on existing figures it's a massive uplift. Compared to Alta Zinc which has a mkt cap of £8m and a quarter of the tonnage based on the NI 43-101 alone, this is probably the reason Myles (who has taken stuff through to profuction) joined the board. IMO. DYOR. GLA