Gma Resources Share Discussion Threads

[sideshowbull] 13/2/2013 12:20

"CAPITAL TO BE RAISED ON ADMISSION (IF APPLICABLE) AND ANTICIPATED
MARKET CAPITALISATION ON ADMISSION:
No capital to be raised.

Anticipated market capitalisation at Admission, approximately
GBP463,000

Anticipated market capitalisation following Contract Reinstatement
and conversion of Loan Stock, approximately GBP41 million
PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS AT ADMISSION:
At Admission: 27.6%
Following Contract Reinstatement: 87.56%

[noirua] 13/2/2013 12:00

Are your calcs not 100% out oh 'great' sideshowbull, or 200% - 300%? Will release the value of assets in Kazakhstan and these will surprise.
Value 0.27p to 0.54p +/- 5%.
The two Gurus, and one short, have much to 'ask for'.

[sideshowbull] 13/2/2013 10:54

Curry that is assuming the licences will be reinstated 31 May or before.
They hint that the 1 March float estimated capp at £463k, does you calc have enough 0's to work that one out!
0.31p KEM or GMA/500 calc =...... dohhh my calc doesnot go that far get e

[currypasty] 13/2/2013 10:26

watch out for the name change, and consolidation day. Virtually all shares that have a consolidation open up less that the consolidation should give. A recent example I was watching was sound oil, although a number of rns's after muddied the water, and recovered the price...

for example, the mm's opened up here at 0.07 - 0.10, as far as my memory serves.
If the price is back there by the end of the month, this would equate to 35-50p, but id guess the mm's would start 35-40. Ive often wondered why they do this, there are lots of theories, but nothing compelling.

[bbr391] 13/2/2013 10:12

I think I need my head examining.
Can`t resist adding such rubbish to my portfolio.

gla concerned

[walter walcarpets] 13/2/2013 09:38

anyone touching this with a bargepole needs their head examining IMO

[shugmonkey] 13/2/2013 09:33

Reality setting in.

[shareho1der] 12/2/2013 09:46

People are shafted here . Their own faults .

[bobthebully] 11/2/2013 21:04

"But we are still working on it and the expected value will be between £65 million and £165 million -- back as soon as possible".

Does that "we" mean there are more than one moron who can't count?

Noi you seriously need to wake up from the dream reality you are in.
GMA screwed all it's private investors before and they most likely will do so again, wake up!

[noirua] 11/2/2013 18:06

All blame for the recent drop fits fairly and squarely on the shoulders of the 'Two Gurus', one who has placed a short. I feel the directors of GMA have done a fine job and the 2Gurus have spouted ungenerously upon their efforts.

One Guru was most disparaging on the Kazakhstan assets and TW took a more sensible view. These assets are quite difficult to put a value on as infrastructure and weather factors come into play. But we are still working on it and the expected value will be between £65 million and £165 million -- back as soon as possible.

Very good fortune to you all - noi

[sideshowbull] 11/2/2013 15:45

TBO Rich be thankful that you managed to get out IMO . Just read your Russian resource comment and I started twitching!

[rrogans] 11/2/2013 15:11

Hi SSB, not in now, but my indolence cost me.

I think the bear case regarding BFS's, resources, etc in a previous post was a bit unfair since they will have Russian resources once they get the concessions reapproved, and hence the BFS may not necessarily be an issue if those figures are acceptable.

Now, where have we heard about Russian resources before?

Rich

[citytrader007] 11/2/2013 12:44

another overhyped pile of sh1te ....

[sideshowbull] 11/2/2013 12:30

Stop ramping shareholder lol

[currypasty] 11/2/2013 09:05

no, but I may buy back at the price I think its worth

[sideshowbull] 11/2/2013 08:50

Any of the old guard still in?

[citytrader007] 10/2/2013 15:34

... panic's setting in ...

[shugmonkey] 08/2/2013 12:29

Oh I see it now.

Quick, load up, Noirua was right all along.

I was stupidly dividing it by the number of shares but all you need to do is drop a couple of decimal places to make it whatever figure you want.

Just putting an order in for 1,000,000 so any luck that will cost me just £22.

[noirua] 08/2/2013 12:01

Was the market that wrong and were the 'Two Gurus' ungenerous in their publications??

GMA Resources Plc



NB: Capital re-organisation - 500 old shares become 1 new share and [+] 1 deferred share.
GMA Resources Plc // Press Releases


Last updated at 3.25pm. Deletions as two persons working out the project values need more time.

[induna123] 08/2/2013 11:30

This is still overvalued by £1m.

[miss anne thrope] 08/2/2013 11:06

1m `Beethoven`

[shugmonkey] 08/2/2013 10:14

100p = £1