Finnaust Min Share Discussion Threads

[patviera] 09/9/2016 07:15

Very good articleAnd yes holders love their stock even more once it's doubledI have told Macca that he bought most his stock at 2p so why should I buy at 6p?However he is up 1m pounds and most he can lose here is 500k so he's in a good place

[richie666] 08/9/2016 12:42

Pat - he got many more wrong trust me - AERO, CDZI, GRIT, LGC CAP, INO.... thats just in recent months. Anyway's that by the by.

Mark - I'm waiting for you to justify a £40m fully diluted market cap on a balance sheet of prob £800k cash if your lucky and no JORC estimate...

[patviera] 08/9/2016 11:04

Macca u can retire soon!!

[patviera] 08/9/2016 07:55

RichieIf that's the only Stk that's Macca has got wrong then he really is a guru!!We have all had losers son what's point of mentioning panr?Macca is up 900k here? That's amazing..

[richie666] 08/9/2016 07:51

Hows your PANR long Mark?

[patviera] 08/9/2016 07:46

RichieExpose?Surely these bb is to discuss merits and lack of merits in a stockIn sure Macca won't have a problem with you "exposing" the lack of promise hereMacca is convinced fam is 25p and he has backed it up with "25m" ish sharesGood luck to himMy gut says these get to 8p then run out of steam as the big holders contemplate an exit at 10pThat's still 5x money for Macca as he bought most of his stake at 2p..a great return for the guru

[richie666] 07/9/2016 22:57

Mark. Simple question for everyone - justify the current valuation with hard metrics. Do that and ill accept im wrong and shut up.Dont do that and ill expose why valuation wrong.

[maccamcd] 07/9/2016 20:50

snowy.. I'm not an egomaniac.. or a psychopath that lives my life on these boards... I'm not a ramper or deramper. DJI had enough dudes saying it's a buy... Didn't need me to spread the love. FAM hasn't got a big club yet.. thats allowed me and others to buy decent amounts. there is a buyer of 3m incomplete as of close of play... so Richie point about me being unable to sell is also wrong... I'm not a seller of some (10% of holding between 7-9p)chillaxed as they say!

[snowyflake] 07/9/2016 17:15

mac - I am little puzzled. You mention in your post 222 of 223 that "my other investment to richard was BUY DJI last month at 102....". I assume you are referring to Richie but that does not matter. What puzzles me is that having done a search I notice that you have not made a single post on the DJI thread over the past five months. Can you explain?

Given the number of posts that you make here I find that strange. And do you really have 25 million shares in FAM?

[maccamcd] 07/9/2016 13:18

Richards bay.. going out of production.
Good news for other Ilmenite producers now or IN THE FUTURE!

our FAM asset is just getting better and better.

[maccamcd] 07/9/2016 12:12

I'm not a shareholder in NORICUM.. but do people not learn from mistakes? in fact its good if people have mistakes in their life journey? So to try and denigrate the FAM investment proposition because of noricum and GGG is nonsense and stupid.

I'm hoping this is a fantastic cash cow being created. High grade Ilmenite/Titanium in super massive quantities. Partnering with dredging and shippers to bring down the costs to fam... Why is richie so bothered of me having to sell? This will throw off significant cash in divi's for the next 100 years if all goes to plan.

Good question.. why does a busy man like richard bother with this thread???

ps. my last investment advice to you both was invest in PXOG @ 1p in the placing.. which you both did. It's now 1.65.. thats a 65% return.
my other investment to richard was BUY DJI last month at 102.. now 165..63% return

[maccamcd] 07/9/2016 11:13

I think I'll be just fine with this holding...

[patviera] 06/9/2016 21:53

RichieI have no view on fam except that Macca gets more right than wrong and the last deal with cairn seems promising as little downside to itI just don't understand investors who hold no shares on the long or short yet deramp..why?I also think that Macca whilst saying 25p will offload at 10p some as he knows it's hard to sell 25m shares in one go

[richie666] 06/9/2016 21:32

Pat - no i am not short. Yet.I been in this game a long time and learnt more lessons than i care to remember. There is a limited free float here and i am aware of some (currently) relatively deep pockets so i am wary. That however does not negate my very valid points. This is WAY WAY overvalued relative to the stage the asset is at. There is a squeeze on the stock BUT the crew need to get out. Remember that.And look into Mcillrres past at Greenland Mineral Energy and the almost total wipeout of shareholders by Kuenzel at Noricum....

[patviera] 06/9/2016 20:11

I doubt it's cos he doesn't want anyone knowing its on a spread as he saw this below 2p and I'm sure he has the funds to take them all up Are you short Richie? If not and u have no position he probably is fighting with U cos he doesn't like your deramping!!I've seen many posts of his and he's a 70pct man..he's already 500k up so not a bad start here!!

[richie666] 06/9/2016 19:36

I never said he was a mug Pat. My issue is he impugning me and my business. He SHOULD have however disclosed his holding in FAM. That he has not is a breach of the regulations. My guess is he does not want the world to see its (probably) all spreadbet. One bad RNS or forced seller and he is however, toast.

[patviera] 06/9/2016 18:55

RichieUnless he wants to take over the company with the others or has a financial arrangement where he is ties to selling when they do then I doubt he is in a concert partyMacca got qfi v right..he's no mug

[richie666] 06/9/2016 18:13

Snowy - you make a very valid point. I have told him to disclose but old "Macca" knows everything of course and thinks he's above regulation.

Indeed, the other question is is he part of the concert party? My monies on yes.

[snowyflake] 06/9/2016 17:55

The better point is that if maccamcd holds 25 million shares, he/she would have a disclosable interest since it amounts to 5% of the issued shares.

There is no one who has declared a holding of 25 million shares.