Griffin Mining Share Discussion Threads

[mariopeter] 11/7/2017 17:28

Good buy Phillis. May switch into this tomorrow. Felt it was too illiquid before but seems there are sellers.

[mariopeter] 11/7/2017 15:10

Still plenty of puff in this leg up.

[ewads] 11/7/2017 14:53

Catching up with the fundamentals, not before time.

Just b/even for first time in 13 yaers! Now I don't know what to do.

[phillis] 11/7/2017 14:51

well half year is done
no bad news
bought another 25k myself yesterday!

[up just a little bit] 11/7/2017 14:45

Lots of interest today, much more than the normal. Perhaps we are expecting news...

[mariopeter] 11/7/2017 09:57

chart break out . Maybe the day traders will sort out the valuation because its clearly undervalued ie profits of $40/50m this year and a market cap of just over £100m. The world is booming and there is a zinc shortage at normal levels of economic activity.

[up just a little bit] 11/7/2017 09:55

Can we break this 60 level where we were in April?

[mariopeter] 10/7/2017 16:28

Good day today . Expect more of the same to £1.00

[trawl] 10/7/2017 10:45

looking forward to six month results
expecting very good figures

[bunlop] 10/7/2017 09:25

27329 purchased at 58.5 when spread is 56 - 57.5 Very odd.

[mariopeter] 05/7/2017 10:32

Hope you're right Owenga.

[owenga] 05/7/2017 09:10

MarioSecond half 2016 pbt was about 15m. With a significant increase in zinc prices this half against last half, about 20%, I think pbt could be nearer 25m. Those increased prices drop straight to the bottom line. Staggering that the share price is not already somewhere near a pound!

[bunlop] 03/7/2017 19:46

20000 late trade at 55.88 Higher than the 55.75 that has been on the offer all day.
Zinc price trending up recently. Company buying back small amounts most days.

Hoping that it can leave 55p behind for good this time.

[mariopeter] 30/6/2017 08:36

Been doing some work on the numbers. If it pans out as I think we could be looking at 80p/£1 a share. Essentially I extrapolated second half of 2016 (which had very good gold production btw) and amended for a 30% (est) improvement in the zinc price (which is hugely significant on profitability). Don't really have a handle on the tax rate just to add. Pencilling in $20m pretax profit for the six months or $40M annualised.

[bluebird48] 27/6/2017 09:20

Most companies issue an AGM Statement as well as the AGM voting results. I guess they are not obliged to do so (small company. The few in the know may have been tipped the wink hence a small rise in the share price. If so, this cannot be right as all shareholders should be treated equally.

[trawl] 26/6/2017 13:14

i wonder how many actually attended the agm
anybody know

[phillis] 26/6/2017 09:36

I trust the BOD enjoyed the Americas Cup racing

[up just a little bit] 22/6/2017 18:48

Mario, Like a Junkers JU 87 the Zinc stock is spiralling down.

[mariopeter] 22/6/2017 07:44

The rate of decline in zinc stock increases.

[up just a little bit] 21/6/2017 14:26

Approaching 300,000 on the stock pile for LME 6 month.
When the zinc stock pile runs dry........

[ewads] 20/6/2017 13:43

Time for GFM to bung another £12k to prop up the price.

[phillis] 20/6/2017 13:38

Americas Cup in Bermuda this weekend everybody?

[rose_by_another_name] 22/5/2017 16:24

Down one incline and up the other.

[rose_by_another_name] 12/5/2017 21:26

The two lanes do not have to be side-by-side.
The point is that traffic never comes head to
head. We have a lot of trouble down here with
people who are unfamiliar with the issues of a
single track working in both directions. I have
lived with it for 30 years, but am still at risk
from day trippers and delivery drivers.