Frontier Min Share Discussion Threads

[jascat] 14/7/2014 20:27

New July photos posted on the FML site.
They show that the second agglomerator is in operation.
They must be stacking the heaps at a record rate, as the difference in the May photos & the July photos, show an immense increase.
I am relieved to see such progress.

[blueball] 14/7/2014 16:25

Minus 5% is the bottom near.

[induna123] 14/7/2014 15:10

i suppose when they do the share price will react. They need the $30m.

[cascudi] 13/7/2014 08:16

with the reference to the news of the selling of the asset
what means regulatory approval? and when are they going to receive the 30m$?


"Sale of the Company's 100% owned subsidiary FML Kazakhstan LLP, owner of the Naimanjal licence area, for a cash consideration of US$30 million to UNION TRANSNATIONALE MINIERE S.A. subject to regulatory approvals in the Republic of Kazakhstan"

[temmujin] 11/7/2014 15:30

been told there will be operational update next few days...could be very good so worth topping up at this crazy low price

[tommytipple1] 02/7/2014 14:47

Frontier Mining Gets Onto A Better Footing As Revenues Rise, And The Naimanjal Sale Brings In US$30 Million Today, 2:45 PM

[lord_goldsmith] 01/7/2014 11:59

Turned the corner. Now looking at lot better. 10t a day quite manageable.

[temmujin] 01/7/2014 09:53

copper price going up

[jascat] 01/7/2014 09:29

Halyk finance report on FML results.

www.halykfinance.kz/en/site/index/research/news:89127

I think FML need to show around 1,000 tons of production for the first six months of this year & the rest during the better weather second half.

[cascudi] 30/6/2014 12:44

thanks Induna. It will be nice a 10k in short term. and I am happy to wait for 20k

[induna123] 30/6/2014 11:56

By the end of the current financial year, the Company's ambition is to have Pads 4, 5 and 6 completely stacked to six meters and to begin leaching, which should ensure significantly higher production levels throughout the winter of 2014 and beyond.

[induna123] 30/6/2014 09:47

cascudi, it won't be 10X as that would equate to 17k tonnes. They're increasing capacity to 10k with 20k when everything is working properly.

[jascat] 30/6/2014 09:13

It will be interesting if there is director buying, as there was last year after the results.
The closed period is now over. Perhaps the results RNS was short on current news, so some shares could be bought on the cheap.
As already stated, the update is the important part, also confirmation that the asset sale has been passed by the Kaz government.

[cascudi] 30/6/2014 08:59

2013 was a year full of production issue.
But they managed to double the revenue an huge increase in gross profit (~ 10 times)with only 1702ton of copper.
as soon as they will be in full production they should be able to produce 10 times more copper than 2013.. correct?
Banks seems to give them full support and trust by moving loan payment end date.
i hope they will give us an update for 6 months (2014)..
But the company seems to go in the right direction

[vizz] 30/6/2014 08:58

Final Results were confined to fiscal year activity with a 31 Dec 2013 cut-off date,
which simply fleshed out with figures what was contained in the Mar 2014 RNS.

Due next will be an operational update covering the Spring 2014 period with interest primarily focused on leach pad progress targeted on Winter 2014.

[induna123] 30/6/2014 08:49

The price I'm getting quoted is 0.95p to buy 0.93p to sell.

[induna123] 30/6/2014 08:44

I think the reason why there's no trades is that there's nothing too bad in the results but there's also nothing too great either. It's kinda what I expected to be honest. It's all about what they're actually doing right now that counts. I really hope they're setting up pad 5 and 6 correctly after Adam Moroney's recommendations.

[temmujin] 30/6/2014 08:44

there she blows! sub 1p now well and truely history

[lab305] 30/6/2014 08:31

Final results and not a single share dealt . That has to be a record ! They do seem to be turning this around with debt reduction and production. If the copper price increases it will help.

[induna123] 30/6/2014 08:28

They've come back from the brink but why haven't they mentioned about leach pad 5 and 6? what's their progress like? I'd like a more in depth analysis from Adam Moroney as he seems to know what he's talking about.

[temmujin] 30/6/2014 07:40

losses reduced dramatically...should be well in profit next year

[jascat] 27/6/2014 09:46

Today is the last day of trading before the 2013 results & trading update due for release on Monday.

[temmujin] 23/6/2014 15:33

no..its just avin a degree in the bleedin obvious...dont need black caps or phds!

[vizz] 23/6/2014 15:20

Wow, a rumour, that's almost as good as tea leaves or the flip of a coin!