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no.I'd guess it would not be prudent for anyone to put more in here..GL
re a post just put in at RRR.-see that..Would AFE find an alternative direction producing a regular monthly income from offering mining services ? The likes of MP should star in that ? GL
Mogo, I believe like me you have been in this a long time 2009 or earlier. So you must have been hit a lot with the mid 2013 consolidation and reduction of investment value to a tenth pre this time. As it stands my costs int this to recoup is about nil unless I take a further gamble to avge down to anything like a viable situation. As it has been muted it does not seem logical ( with what we actually know)anyone would put large chunks of money in this, unless........What do they know we don't?
Surely the activity from NC,Coburg,MP,etc to position themselves the last year or so must lead somewhere ?
thanks for that fella - Things are obviously happening in the background and i cant truly see the current incumbents putting money into this without good reason not withstanding of course that Dutwa is a truly world class asset with nickel shortages around the world currently making it even more frustrating to see us where we are and where we have been over recent times - point being i for one am well down on this one having invested back in the good old days but now like plenty of others i'm sure at 0.25p merely hoping for a miracle i guess - i cant truly confess to having any real confidence that NC has shareholder interests at the forefront of his mind - but to be fair to him his investment stake to date and the need for him to invest another 20 million as part of the funding condition is the only hope i have - but time is running short and we are fast approaching the s--- or bust so i just hope for all those invested here its not the latter -GLA
yes i believe an aquisition has to be made within 12 months of the GM which was 22 July 13. implementation within 18 months of GM. also Blackdown resources has to fulfill the requirements of the funding condition within 12 months. i.e. NC has to fund dutwa 20 million or the condition will not be met. presumably the assetts would revert back to Blackdown minerals?
Agreed one would hope so - am i right in thinking that as an Investing company AFE would have to carry out some aspect of their role as an investing company within 12 months from the General meeting which i think was 22/7 /13 and if they didnt their shares would be suspended on AIM if they hadnt done anything by 18 months then it would be bad news as comapny would have to be wound up and any value passed back to shareholders - i know thats a way off but surely they must have to do something soon otherwise step 1 will inevitably happen - will it not - any thoughts anyone ?
The Coburg purchase is interesting. Something has to be going on behind the scenes. What is also interesting is the rising price of nickel.
Looking good here
multibagger opportunity here..
coburg buying more, up to 10%. hotting up with shoreline on board..
Don't think these guys have come on board to join a sinking ship, they must have secured in principle or have a means of funding for Dutwa in place. Exciting times ahead...?
All aboard the new AFE train. downside: very little. upside: HUGE with shoreline on board. Dutwa is easily worth 2p+ alone if as expected that comes back with funding available now. Karim has big oil contacts. Multibag opportunity here. GLA
African Eagle announces that, following the announcement on 9 April 2014, Mark Thompson and Paul Colucci have resigned from the Board of Directors with immediate effect. Mr Nick Clarke and Mr Kola Karim, whose proposed appointments were also announced on 9 April 2014, will, subject to compliance with the AIM Rules, be appointed to the Board in due course. A separate announcement will be made in due course in relation to the proposed new Board members in accordance with the AIM Rules.
All board replaced with immediate effect. A new start...
More sells than buys but holding
Something definitely happening here but very bod very tight-lipped. Think they do not want the sp to rise before they conclude and announce. Maybe some news is leaking out. GL all.
I did exactly the same buying on a spike but then bought more to average down, thought there maybe a dramatic turnaround after the company had a new lease of life. There has been quite a few million buys over the last couple of weeks so maybe, just ,maybe this could be the start to a big turnaround. Live in hope!
What is everyone's opinion on this stock? I bought in on the spike (bit of a schoolboy error) but I'm willing to wait it out hopefully with new board in place we will receive some positive news any day now. Feeling hopefull
buys and this should tick up to 0.35p ...feels like news is coming
being paid. will we break 0.30 today??
Ah managed to buy more at 0.00275. The iphone app was playing up. But good to see the rise. Still below my average though
Coming in for a reason i think big news is just around the corner hold steady boys and girls good things come to those who wait....
movement?
I tried buying and comes up with an error jhc.328 on td waterhouse. Whats that about?