Gvm Metals Share Discussion Threads

[gardenboy] 14/3/2007 15:39

Presentation from minesite forum not up yet though

[gardenboy] 14/3/2007 15:03

very little selling considering the rise yesterday - all bodes well

[gardenboy] 13/3/2007 18:11

blimey, they must have scurried out of that Minesite door and got straight on to their brokers lol !

It does look like a squid is possibly on here now, seagreen !

[seagreen] 13/3/2007 16:39

me old mucker ppowerscourt from the good old cfm days where you been hiding....

It looks like the presentation went well ROLMFAO next stop a quid..8-)

[ppowerscourt] 13/3/2007 16:26

This has got to be the tallest white candle I've ever seen!

[seagreen] 13/3/2007 10:45

Garden Boy sadly too busy but will check the presenation on the site later,,,fundy manager type thinks there are several potential company making projects but is confident one should be a cash generator and deliver a 5 bagger (he ahd htought 10 bagger....not even really interested in selling for less than a quid and hopefuly 2 quid

[hattori_hanzo] 13/3/2007 08:33

Damnit! Looks like I've missed this one. I kept meaning to buy some on a decent dip, but it never happened.

Congrats to holders.

[ppowerscourt] 13/3/2007 03:51

Up 11% down under. Good morn all.

[crimeprotection1] 13/3/2007 00:36

Good early rise on ASX!

[gardenboy] 12/3/2007 22:35

deadly,

I can't really see how they have arrived at the headline eps of 73c (30p) as there are now some 93.5m shares in issue. Nimag is much more profitable now but not that profitable !

[deadly] 12/3/2007 21:57

(Edited for error in calculation) The results give an historic EPS over 6 months of about 0.30p, so a prospective P/E for 12 months of about 50 at the most.

The growth, cash flow, and the 10million AUD in cash as well still make these attractive.

[gardenboy] 12/3/2007 18:23

seagreen,

are you going tomorrow ?

[seagreen] 12/3/2007 18:07

when its worth a quid I guess people will wake up...

[seagreen] 09/3/2007 15:13

presenting at mine site on tuesday

[daviddunne82] 01/3/2007 12:44

Looks like it could be someone has taken the 4.7m at a discount and is now flipping them out - prob a bucket shop

[crimeprotection1] 01/3/2007 11:56

Another 400k, who's selling and why?

[crimeprotection1] 28/2/2007 19:15

Umm 4.7m "B" trade at 29.4p!

[ppowerscourt] 28/2/2007 09:19

Holding up well in view of minus Oz last night.

[ashley74] 27/2/2007 10:49

You guys should look at GVM on the JSE hit R8 a share on currency equivalent that works out at 57 pence a share. the volume is once again quite low but its moving.

[samplerboy] 27/2/2007 08:08

Up 12% in OZ last night. I'm in.

[crimeprotection1] 20/2/2007 19:51

Looks like some of those new shares changing hands already 300k and 400k!

[ppowerscourt] 20/2/2007 19:41

Worth another read:

RNS of 21st Dec.06
"The investment provides the Company with a meaningful stake in the South African coal sector and the opportunity to assist development of an underground coal mine (Holfontein project) and two open-cut coal mines (Limpopo and Baobab projects) in South Africa. The Holfontein project is located in the Witbank coal fields and the Baobab and Limpopo projects are located in the Limpopo province. Based on previous work undertaken by Utah Mining, Kumba and others the total coal resources controlled by GVM are considered to approach 2 billion tonnes.

GVM's primary listing is on the Australian Stock Exchange (ASX) with secondary listings on London's Alternative Investment Market (AIM) and the Johannesburg Stock Exchange (JSE).

As a result of two recently announced transactions, GVM will hold on satisfaction of all conditions precedent a 100% interest in both the Baobab and Holfontein coal projects.

On 22 August 2006, GVM announced the acquisition from Motjoli Resources (Proprietary) Limited ("Motjoli") of its 51% shareholding in the Holfontein Project, its 50% interest in the Baobab Project, and its 100% interest in three prospecting licences adjacent to the Baobab properties.

Yesterday GVM announced it had reached agreement with Petmin Limited ("Petmin") for GVM to acquire Petmin's effective 50% interest in Baobab for GBP 2.5 million."

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a lot of coal, thermal or metallurgical ?

[crimeprotection1] 19/2/2007 21:40

andylaws, sorry for misunderstanding! I must admit it is tempting to bank some profit but I just feel there's lots more to come, also good to see that the stock seems to maintain its gains rather than the usual mm games once a stock has risen, suppose thats one of the advantages of not being based on LSE!