Lonmin Share Discussion Threads

[foxy22] 12/9/2017 11:35

Seen the article on bloombergs...london the top sell call on jse...expecting it to fall further 30 per cent...article bit suspect?Definitely cause for concern

[ayesha4] 12/9/2017 11:24

Thats strange. I was told they are ahead of expectations.

[bouleversee] 12/9/2017 11:06

I expect we'll be hearing words of doom from PGM any minute. Didn't he say he had inside information?

[kulvinder] 12/9/2017 11:01

Looks like they wanting to take a few stops out - or something has been
leaked and the news it not good.

[foxy22] 12/9/2017 10:55

Ugh...someone shorting...or some more serious news???

[kulvinder] 12/9/2017 10:04

Had to play safe and released a few as I don't want to be margined out with the current mm games prior the results as I think they will be improved in terms of profit as long as plat stays around 1000 or above.

[bouleversee] 12/9/2017 10:03

Just hope I live long enough.

[dealy] 12/9/2017 09:46

Very frustrating. But I believe it will come good in the end

[ayesha4] 12/9/2017 09:32

Someone offloading or shorting.Price action stinks as should be 100p plus already.

[shujja1] 10/9/2017 19:37

Pgms are going high as gold is moving up I can see this £5+ next 6 months .

[redbaron10] 10/9/2017 17:54

If Lonmin was a copper miner then i could advise you 'yes' probably.As they mine for pgms in S.Africa,then know full well what the risks are investing here.

[mj19] 10/9/2017 12:27

My question to all of you is do you think this will ever come good and be a kaz or glen recovery?

[kulvinder] 09/9/2017 12:13

Just been reading past post's from around the time of the results Nov 2016, from reading these posts, there was a poster called ELVISROCKS, who seemed to have a good handle on the understanding of LMI's finances verses metal price/Rand exchange, if you are around mate, have you any thoughts based on the current metal price/exchange rates that LMI are exposed to as to how the results could turn out? Your input would be much appreciated.

[happyholder123] 09/9/2017 09:04

HNR -
TWO wells successfully drilled with abundant oil and gas in samples extracted!
Fracking and FIRST OIL next month!
Don't miss this train!

[kulvinder] 08/9/2017 14:28

Things have improved if anything, unless I am missing something I am not aware off.

[careful] 08/9/2017 14:22

230p just 12 months ago.
have things deteriorated so much since then?

[careful] 08/9/2017 13:24

just bought some more as well.
always a wild ride here but platinum up a little more today $1022/oz.
long term punt, but with a share register with less political risk.
significant holdings by local pension funds and other requirements.
Hoping for a significant bounce here.

[dealy] 08/9/2017 12:07

This stock has just disconnected from the market. The company has improved it's balance sheet by 400m usd in cash injection and the company is generating 100m usd per year in cash flow now with current prices

[kulvinder] 08/9/2017 09:44

Can't believe could have bought more at 84p, far too cheap sooner later people will wake up to this and realise it is on the road to recovery.

[dealy] 08/9/2017 06:35

Most of the small caps I follow in the UK and USA are trading at all time lows irrespective of the fundamentals

[careful] 07/9/2017 20:54

platinum and palladium surging tonight.
plat at $1021/oz palladium $952/oz.

Surprised that this is still so lowly rated.
LMI will be cash flow positive at these prices.
£244m cap is barely 25% of the asset value.
The asset value could be rerated upwards if PMG prices strengthen further.

[redbaron10] 07/9/2017 19:35

I can't think this share price can be kept suppressed much longer.Gold flying,platinum getting relatively more and more cheaper as an investment choice in comparison.As a value play with a weakening dollar,platinum is a cheap investing risk at the moment.As gold goes higher,the platinum price surely must respond imho.Been wrong before,but the platinum price has to increase.Where are the commodity speculators regarding platinum? Gold trade getting a bit crowded now.

[shujja1] 06/9/2017 21:58

Rand holding this down at the moment

[kulvinder] 06/9/2017 16:51

Careful I though as much, but it will do for a start of the uptrend if it comes true.