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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Ferrum Crescent | LSE:FCR | London | Ordinary Share | AU000000FCR2 | ORD NPV (DI) |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.0725 | 0.00 | 00:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| - |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | O | 0 | 0.0725 | GBX |
Ferrum Crescent (FCR) Share Charts1 Year Ferrum Crescent Chart |
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1 Month Ferrum Crescent Chart |
Intraday Ferrum Crescent Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 10/6/2018 | 20:29 | Ferrum Crescent Ltd | 457 |
| 26/4/2018 | 16:48 | Ferrum Crescent | 21 |
| 01/1/2018 | 15:26 | Ferrum Crescent 2016 and onwards | 1,114 |
| 13/5/2016 | 10:04 | Ferrum Crescent - targetting 6bn tonnes Fe in Tete? ISAable | 3,529 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
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| Top Posts |
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Posted at 25/5/2018 09:13 by mikebolle1 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. |
Posted at 05/3/2018 10:29 by spec7 FCR, never fails to disappoint. the trouble is AIM investors are wise now, its taken an age but they look ahead at financing and options and put 2 and 2 together, If CB has options at .06.5p then that's where the share price will go.The reality is of course people will only make money here if there is a game changing deal. It's not going to creep up steadily, there is no reason why it should, it will be boom or bust eventually i would think in the next 12 months. |
Posted at 28/2/2018 12:05 by mikebolle1 This post appears on iii, re fcr. I think its a good summary of what was discussed here before:"The Canadian guideline NI 43-101 had inferred and indicated resources attached to it. In terms of confidence levels Inferred is the lowest Indicated is the next best Measured is better still. Reserves can only be stacked up against indicated and measured resources. iMO the recent JORC was massive news. The market did not react as many would have expected including me. The reason IMO is because we now have the Australian JORC compliant resource estimate that puts all our ore tonnage into the inferred category. Even though it's significantly 'bigger' than the NI 43-101 and even though it now has a silver credit to its name - the point is the market does not give much value to inferred resources. For the market to apply an increasing multiple the resource needs to have further work performed on it that moves it from inferred to indicated and measured etc. These studies - scoping, pre-feasibility (PFS), feasibility, then Banking Feasibility Study (BFS) take time and money which is where Colin Bird presumably comes in - and potential other investors. With hindsight had the resource kept an element of indicated resources (some 4m tonnes on the NI 43-101) then the market might have reacted differently. Comparing FCR's tonnage with other companies tonnage is a useful comparison as it shows what might be, but we always need to be aware of the fact that resource categories, tonnage and grade (and grade cutoff) are a key determining factor. The rest - location, political environment etc are also very important but you need the asset first! We now need to BOD to help us understand how they will move us along the resource curve to get us moving to indicated and measured categories. Without this the remaining potential along strike (which is significant after all ) will remain a nice to have but also have zero value attached to it. If the steps are explained properly, and the funding is slotted into place, then this 'world class asset' might just have legs to get us to the point where it is sold on for a decent chunk of cash. I would like to see FCR mine it, but realistically a share in the asset is the best we will get - though that would be a company changer for FCR in itself and would reduce the risk. Given the share price is rock bottom and has been ever since the moonlight project was kicked into touch, I believe there is large upside, but the BOD need to show us the way first before investors improve sentiment." |
Posted at 27/2/2018 10:23 by denzilbricks I do think the value is in the Asset ...this asset however is valued by the market and ultimately is shown in the share price The FCR BOD tell the whole world Toral is undervalued and then allow it to slide and take no corrective action whatsoever...patheti |
Posted at 26/2/2018 10:03 by andrea152 Agree wiv all the above Hedgebetter. I don't think there is ANY realistic chance of FCR becoming the only "UK FTSE 250 Quoted Zinc Company", as JT conned us into believing, before falling on his sword.Your comments re: CB and his age are apposite and I don't think that even HE wud b so stupid as to try and reverse some dubious African Assets into FCR. Merging FCR with BZT, or even RLD, wud make no sense at all, as their respective assets are wildly different, and, for my money, Toral does have the potential to be a serious Zinc mine - for someone, whereas Mankayan and Choco do not, even though they appear to be large on the face of it. I think FCR will raise a decent sum of money to get then thru the Scoping study and maybe into Pre-Feas, then sell Toral onto the likes of Bolidon or Glencore. They might THEN try to bring Lago into production, as that wud be a much simpler, open -pit mine to operate, with much lower Capex to get it going. IMHO. DYOR. GLA. |
Posted at 23/2/2018 15:20 by hedgebetter Andrea - re shareholders - I inspected the register - and surprisingly Aussies are the majority of shareholders for FCR. Until I inspected the register and confirmed the findings with Dan I thought the same as you - that there was a case to ditch JSE and ASX. It's important to keep Aussie shareholders on side but I see nothing much happening in that regard.Spec7 - I thought along similar lines, but that would require him to back all the assets into FCR and keep the listings. It sounds like too much trouble. Another option I thought they might pursue is merging of Bezant and FCR (same board pretty much) - but that would go against their strategy of being a European Zinc Exploration play. They have made much of being in a safe haven jurisdiction with a known regulatory regime, easy to do business with - and with Lago as another option it would seem strange to go along this scenario with Bezant assets in South America etc... I'd avoid that like the plague. However - Bezant will be income generating and using that cash to fund the bigger Toral asset might be something to think about.. I agree Andrea - even though mining is where the money is at and I would like to be here for the mine - the higher probability is this will be sold on. I also think getting it sold on is more in tune with CB's time-line (He's 74) TBH.. He's done and achieved a lot in his lifetime and I think getting a big sale on this one would be the big fat cherry on the cake.. |
Posted at 09/2/2018 09:58 by spec7 Usually new shares are issued at a discount to the current Share price and the Share price will often then drop to the discounted price, really depends how many or what % the dilution is.so an issuing of new shares is a dilution of the old total shares in issue, effectively the cake is the same size but your slice just got smaller. You are right thou the share price could go up or down depending on why they needed money/more shares, they might use the money to buy an asset and increase the company value or they might just be paying directors fees or something non productive. |
Posted at 30/1/2018 10:45 by blackss I will be the first one to express my surprise however i suspect the vast majority share my scepticism judging by the share price today. I have always said the asset was not in question given the historic info but it has been proven to be a lot better than expected, the question has always been trust in the company and this is the first step to mending that hopefully.I stand by my thoughts about the appalling ramping of this company by a few individuals on other sites who rather than deal in facts on the table have tried to rope people in on speculation, the share price speaks volumes today. You will be pleased to learn i am now out of FCR and the AIM in general :-) |
Posted at 15/9/2017 12:29 by blackss So FCR think its a good move to announce in advance they plan to raise £1.6m through a placing, and these people are supposed to be professional money raisers, i mean it's their Day job for crying out loud !!.That's now basically more than the Mkt cap of the whole company...I suppose with no proven jorc and a track record of failure they have little choice but i had really hoped this time would be different however the non existent PR and financial advice dept have absolutely no idea how to feed the market with good news and balance that against raising money so once again we see the share price tanking totally unnecessarily. the cynical will say well with not one board member prepared to back this with a single penny of their own cash they obviously expected the share price to go lower but do we now see them buy in this dip to add buoyancy to the share price ? do we hell. |
Posted at 23/6/2017 09:26 by andrea152 JT is pretty honest in that interview - and I respect him for that - but he STILL dusn't really answer the big, long-term question, which Sharetalk asked him : "how are FCR going to fund the mine at Toral IF drill results are successful" ?If they aren't going down the Debt route (which he says they aren't), then that implies further, substantial dilution for existing shareholders & a good reason for the current BOD NOT to buy shares with their own money, at current share price levels. Spanish Govt Loans or Grants maybe the answer going forward, or, of course, the obvious JV, but given FCR's micro-cap market cap of sub £2m, it is likely that FCR wud very much be the very junior partner , in any potential JV. It thus seems likely, that, as things stand, this is very unlikely to be a multi-bagger for shareholders, although Management will probably do alright out of it ! I wish that the above wasn't the case, but that's the way I currently see it. The only time that I wud put any more money into FCR wud b in the final placing before Toral goes into production. (IF it does, that is).By that stage FCR will probably have around 5 billion shares in issue, or more. IMHO. DYOR. GLA. |
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