Fluormin Share Discussion Threads

[cyprussteve] 08/11/2012 15:46

I suspect it is due to the increasing price of fluorspar - as per link below.

If this keeps improving, it will make Witkop viable again.

[dreggspicker] 08/11/2012 15:45

There will be news, there has to be -- sooner or later! All I know is they are cheap at the mo, for a cash rich company, with a management that are as keen as mustard!
that was my 37.5k - for my sins ...........

[borisimo] 08/11/2012 15:34

I agree, there seems to be something going on, are we expecting some news ? or just oversold?

[howdlep] 08/11/2012 15:13

Couldn't buy online and fill or kill rejected too. This is going up, just helps if you can buy/accumulate when you want to!

[dropside] 07/11/2012 20:50

Good points dreggs. With so much realisable into cash there must be a bottom price round about now - picking up a pound for 30p (and assets thrown in) is getting silly!
Interesting how the price has halved on very little volume - £10-15Ks worth? - so it probably could double to 20p just as easily in that very few people will be in the money and looking to take profits. Only a handful have bought from about 18.5p down to 10p.
Added myself last week.

[dreggspicker] 06/11/2012 10:06

Could be, but I thought that at 60, 40, 30, 20, now 10p who knows; but the co does have circa 30p per share in cash plus Witkop, plus the fluorspar off take in Tunisia, plus some good directors, willing to do necessary things .....

I did add last week by the way .....

[pisces4] 06/11/2012 08:42

is this the bottom at last chaps ? would be interested in your thoughts.

[dropside] 26/10/2012 17:58

Some good material in this..

[grollfam] 25/10/2012 13:40

POSTING OF FLUORMIN ANNUAL REPORT

Sallies Limited
(Incorporated in the Republic of South Africa)
(Registration number 1903/001879/06)
JSE Code: SALD ISIN: ZAE000117305
("Sallies" or "the Company")


POSTING OF FLUORMIN ANNUAL REPORT

Debenture holders are referred to the announcement released by the Company's parent company,
Fluormin plc, announcing the posting of its Annual Report and Financial Statements (the "Annual
Report") for the year ended 30 June 2012 to Fluormin plc shareholders today. Debenture holders
can access this announcement and a copy of the Annual Report on the Fluormin plc. website –
www.fluormin.com

25 October 2012
Johannesburg
Sponsor: Bridge Capital Advisors (Pty) Limited

[borisimo] 25/10/2012 13:12

AGM....Anyone going?

NOTICE OF ANNUAL GENERAL MEETING

POSTING OF ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2012

LONDON, UK -- (Marketwire - 25 October 2012)

LONDON, UK - Fluormin Plc (AIM: FLOR) announces that it has today posted its Annual Report and Financial Statements for the year ended 30 June 2012 (the "Annual Report"), together with a notice of its Annual General Meeting ("AGM") to shareholders. The Annual Report will be made available on the Company's website shortly.

The AGM will be held at the offices of the Company's solicitors, Fasken Martineau LLP at Third Floor, 17 Hanover Square, London, W1S 1HU on 30 November 2012 at 10.00 am.

[dreggspicker] 24/10/2012 22:05

Nice Drops! Just got to keep witkop ready to get back into gear, and we will be laughing!!

[h d shoring] 23/10/2012 10:57

Maybe worth buying a few around last week in november methinks .

[dreggspicker] 23/10/2012 10:54

don't forget we have a stockpile of fluorite to move ..... $4 to $6 million?

[godolphin] 23/10/2012 10:46

I think that must be included otherwise I can't see how he gets to $20m.

[h d shoring] 23/10/2012 10:36

Am i right in thinking they are due another lump of money from the kenya sale in november ? Is that factored into current financial statement
That may trigger some company activity when they recieve it ..

[dreggspicker] 23/10/2012 08:40

thanks gd, so we could be looking at other things besides fluorspar ... interesting ......

I will put that link in the bottom of the header .....

[godolphin] 22/10/2012 16:33

More from proactive.

[pisces4] 22/10/2012 16:29

any buying and the price doesnt move, any selling and it drops like a stone,am i the only one who thinks theres some sort of agenda here? something really stinks behind the scene here chaps any thoughts would be welcome because at this rate of decline there aint gonna be a company in 6 months time!

[dreggspicker] 18/10/2012 19:05

Boris, I have put that note in the header - thanks .........

[bam bam rubble] 18/10/2012 17:14

Borisimo,
they made an operating LOSS of £3 million in the six months to June. Disposals allowed them to list one-off gains on the balance sheet but there are no genuine profits here.

[borisimo] 18/10/2012 17:04

Well according to LSE



we actually had a blue day, with the last trade as below:

Time/Date Price Volume Trade value Type
14:15:50 10.00 15,000 1,500.00 O


and

apparently we made a profit (3.5 million not 35 million).




Wow....

[dreggspicker] 18/10/2012 13:31

Boris, not so much a walk-down, but a almost total lack of buying! Selling has not been that much either ............ But slightly more ... :+{

[borisimo] 18/10/2012 11:46

This may have been posted before, apologies if that is the case.

JP interviewed in Feb 2012, sounds reasonably positive and doesn't sound like a man about to throw in the towel. Of course maybe a lot has happened since then.

He talks about mergers, maybe the share price is being walked down to facilitate a T/O of some kind?

[bam bam rubble] 17/10/2012 18:05

The admin expenses speak for themselves

6months to Jun 2011 -£1.9m
6months to Dec 2011 -£2.3m
6months to Jun 2012 -£5.0m