Ferrum Crescent Share Discussion Threads

[hedgebetter] 10/6/2018 20:29

Thanks Spec.

[spec7] 10/6/2018 15:11

Working link
Hedge, if you put http in upper case it will work.

[hedgebetter] 10/6/2018 14:49

Agree 100% - hxxp://www.europametals.com/site/news-announcements/gallery

[andrea152] 08/6/2018 09:26

You are correct. I guess people want the Consolidation out of the way , before investing in it ? I would. Suspect that one day, we will all read an RNS, out of the blue, which says, "Toral bought by Boliden", or someone similar and that will be it, off to the races. So, dull though it is, you have to be in it , to win it, as they say!

IMHO. DYOR. GLA.

[spec7] 07/6/2018 11:38

agree andrea,it still bothers me that this is not on anyone's radar even with cash in the bank and a potential asset the share price is pathetic. I will be happier when all the talk and hype has even a little effect on the share price So far £1m in the bank a prelim JORC and a new management and so on has done absolutely nothing for us.

[spec7] 06/6/2018 11:09

You have to laugh, the JSE and ASX just change the name, the AIM needs to shut the trading down for at least 2 days ...

[andrea152] 05/6/2018 09:29

Yep, but onward and upward in the new guise of Europa Metals anyway. At least new Mngmt seem to have grasped the bull by the horns and have bought shares in their own names at long last.

The consolidation COULD wait until after the Asset has been proved-up more fully, (hopefully later this year), but will need to be done at SOME stage IMHO. Asset definition success, breeds success from a Mkt Cap point of view, in my experience.

IMHO. DYOR. GLA.

[spec7] 01/6/2018 10:30

Agree about the insti's and 10p but they will also look at Mkt cap and will not touch £2m IMHO

[spec7] 31/5/2018 11:04

I think a consolidation like a name change is a waste of a large amount of cash when the company is not earning any. Prove up Toral first because thats all that really matters.
I have never in my 20+ years of investing seen a fractional penny AIM minow benefit from a consolidation , it just gives a stock that has hit rock bottom a chance to drop further and hit it again. Right now its hit rock bottom in that even a 50% dilution hasn't hit the share price I bet a 100/1 consolidation would see a 50% drop by the first cash call. Ferum is worth £2m and it just put £1m in the bank.....This is not even a company as it is, its a possibility of a company going forward if it has a proven asset....I am currently £40k down :)

[andrea152] 31/5/2018 10:39

Its a terrible statistic Spec, but sooooo true. My personal wealth has been severely hit by it - along with many other people, who have been virtually wiped out by it.

But, I DO get the impression that the New Management Team are serious about making this a "Goer" and I think that LR has finally grown a set of Cohonas - which previously he very definitely lacked.

With an share price Consolidation hopefully out of the way soon, to reduce the ridiculous number of shares in issue, I might even buy a few more shares. It's then down to "Simple" mining & geology, going forward !!

I think Toral will get sold LONG before it could go into production though, from a personal standpoint.

IMHO. DYOR. VGLA.

[spec7] 30/5/2018 18:36

Fascinating fact time andrea

This has dropped -99.62500000000001 from its high.

and still we wait just like we waited on Moonlight. this may come good even now but will any of us still be alive to see it :) I have been waiting 9 years, i doubt i have another 9 left in me to wait....lol

[andrea152] 29/5/2018 09:47

Yep, think UR right mikebolle. The JSE listing looks toast to me. No reason for it at all, IMHO.

If you want to own stock, then buy it in London, which is where the liquidity and most shareholders are. SA is fekked anyway, from a mining & political perspective. That's Y FCR got out.

Spain has a good future and is a great place to do (non corrupt) business , in my personal experience.

IMHO DYOR. GLA.

[mikebolle1] 25/5/2018 09:13

Sadly I sold all my FCR shares on the JSE. I am uncertain as to what will happen with FCR and its JSE listing and to be honest, trading became very quite. I can use the funds more effectively elsewhere. I still think that FCR holds loads of future value and I will keep a close eye on it. Good luck to you all.

[carbon man] 22/5/2018 12:16

More buyers around than indicated on screens. When the placing stock is sorted out they should be moving upwards again

[billyboychrisd] 22/5/2018 09:06

And now the offer moves a little :D hallelujah

[billyboychrisd] 22/5/2018 08:50

Don't trust the red, plenty of these are buys, buy and sell at .065 right now

[billyboychrisd] 21/5/2018 08:47

Unfortunately this could reach placing price the way it's going, but is incredibly undervalued on current resources if it reaches that point. I'll be ready to snap up a few more at anything under 0.06

[carbon man] 11/5/2018 19:59

Yes corrected on 434 or 436 above. All of the deals on ADVFN are not sales as indicated. Also 0.02 offer on Aus has been taken a couple of days ago. All very misleading.

[mikebolle1] 03/5/2018 18:03

carbon man, you mean 0.1?

[andrea152] 02/5/2018 09:40

One wonders why a new Joburg SE sponsor has been appointed, if the Company no longer has any South African Interests ? I understood that the JSE listing was to be cancelled completely, by both JT and LR, when the SA operations were shut down - which they have been.

Then again, CB DOES have several AIM Companies with African Assets, so perhaps there is some form of Corporate Action afoot, involving these assets and FCR/ Europa Metals, going forwatd ?

Who knows, the corporate life of FCR has NEVER been straightforward, or easy to predict !

IMHO. DYOR. GLA.

[carbon man] 01/5/2018 14:18

Looking good, I did buy a few last week and they are looking interesting. Should go to 0.01 soon.
apologies, decimal point incorrect 0.1p Mea culpa

[andrea152] 01/5/2018 10:26

Having thought through all of the options available to the BOD, if they DO prove-up Toral to be a mineable resource, I still think that they would sell it on, rather than take it into production themselves.

Glencore would have to be one of the prime contenders, as they are getting back into Zn again and they own the under-utilised Asturias Zn Smelter only 200km away, by rail.

Boliden and Lundin would also be possible contenders, given that many of their other Zn mines are now nearing exhaustion.

At that point, it's a question of who can negotiate the best deal. Let's hope its CB and not LR who does the negotiating !

It's all going to take time though - probably 2 to 3 years from here and who knows where the Zn price will be then ?

IMHO. DYOR. GLA.