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Share Name | Share Symbol | Market | Stock Type |
---|---|---|---|
Vatukoula Gold | VGM | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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2.30 | 2.30 |
Top Posts |
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Posted at 28/12/2015 10:04 by leonasdad American wannabe Mainland Chinese Investoror Mainland Chinese wannabe American Investor take your pick - it's binary.com from this UK English Keyboard |
Posted at 11/5/2015 15:22 by jarrow3 Spread Betting and CFDs May Magazine edition now online at This month's premium features includes General Election 2015: Whoever Wins, Britain Loses - Interview with David Buik, Zak Mir interviews a City Legend - The Mind of the Master Investor - Small Cap Corner, Tomorrow's Jam Today - FTSE 100, where Next? |
Posted at 23/4/2015 02:34 by ross k Guys I'm like most here, bought and believed the story, so disappointed with the out come. One question, if I keep the shares I have and don't sell them, and the Chinese turn this mine around and it starts making money again, how do you see it been played out. Could they also force us private investors to sell just as it turns a corner. Thanks |
Posted at 16/4/2015 12:37 by chinese investor I didn't go for the gamble !I sold my VGM shares the minute after the announcement of going private was released. I got around 3p. Chinese Investor (VGM) 9 Jun'14 - 08:43 1.51p To Buy ! 3.72p To Sell In December (Possibly) ! |
Posted at 16/4/2015 11:59 by augustusgloop tarnow,you have every right to be mad - but not with the Chinese. They overpaid for the mine. The reality was that the mine should have been shut down - it was worthless. Investors were led to believe that the mine was viable without investment - then it turned out that they needed $40 million - and then that proved to be not nearly enough. The VGM directors knew quite well that this was the case -- Even I knew that many millions were needed. |
Posted at 09/4/2015 19:22 by chinese investor Operational Update !"The cash advances under the Zhongrun Loan agreement have enabled the mine to invest in key pieces of capital equipment and mine infrastructure. This investment and the lower price fuel prices have helped decrease the cash costs per ounce. We are seeing a general downward trend in our costs with the cash cost in December 2014 at US$1,011 per ounce. For the months of January and February 2015, however, the cash costs increased to around US$1250 and 1350 per ounce range due to lower ore grades. Substantial funding is required for mine development and expansion, in order to achieve the mine’s nameplate capacity and to reduce unit cost. We continue to discuss with some strategic investors for major funding.” |
Posted at 25/6/2014 18:13 by atlantic57 It is to late for private investors to benefit.Would you trust Zongun to look after the interests of private investors I would not. |
Posted at 09/6/2014 12:20 by timgw Potential support level is NIL!! As we all know, AIM regulation is non existent and we investors have only ourselves to blame for our losses. If this were a USA company the directors and there chums would be seriously in the soft and smelly but, hey, that's life I guess. |
Posted at 05/6/2014 09:14 by chinese investor Will investors who buy now be eligible for the December 3.72p offer ? |
Posted at 02/5/2014 18:42 by atlantic57 I have had the same experience.A reasonable conclusion to draw is that private investors do not matter.i don't think zhongon would have pumped so much money into the company without believing there is some hope of success.However whether private investors will benefit is another matter. |
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