George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
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That’s the plan Mark, picked a few things up today, wider market may go down further but it’s always going to be up and down with positive or negative Covid news..
Happy holding here for a bit though, through this vote and then hopefully positive news re. FCA/complaints in Q4. Good luck all
@mark. Yeah I think you are right.
I’m thinking picking up a few positions your happy to hold for a few months and closing the laptop until Xmas is the way to go ....
In 9 years you won’t be able to by a Mars bar for £2, solution is to sell just after the vote.
Choppy day today.. Vorag & Ex your brunch date sounds lovely.
Mark get your arse back in amgo! Ha ha
Loki you got a great price today. I’m jealous!
Keep the faith here people .. this is a FTSE company that’s ridiculously under valued. I only wish I could buy now at silly prices but I can’t as I’m maxed out and locked in already. Buy buy buy!!
Anyone heard from figgy ???
Figgy mate you still with us??
probably get there before Barclays, RBS, or Lloyds do :)
Mark - If thing isn't £2+ within 9 years then I really am flogging a dead horse - Ha Ha - even the most pessimistic Senator wouldn't think this couldn't be £2+ within 9 years. I am giving them less time than that though.
2 YEARS = £2
Ex I hope your right but I think you may be under estimating the hurdles between here and the sort of sp you have in mind ... but who knows long term anything is possible.
itsa - I am under no illusions - there are a lot of factors to be worked through, some in relation to the company and some very serious external factors like Covid for 1. By this time next year ALL issues should be resolved and we will be a lot further along the road to recovery, socially, company politically and company financially!!!!
i hope you get it in time ex, because £2 and paying a 5% div, i could happily retire, mind you i suppose i could force myself to manage at £1 too :)
itsa - add another 0 behind that price and I will be happy - not until!!!!
At this price there is nothing to worry about if your thinking longer term, the company has got through the worst of most things now, a month or so and the negative things will start coming to an end, some positives will be revealed and the company will recover over time, i dont think you will be red for long as it will see 20p and more again.
@expru. We have had the letter asking for people to offer voluntary or reduce hours etc. My wife and I do the same job so that could get interesting!
I have a long time to retirement :( I have never cruised, but have a love of flying in the front end of the plane :)
Itsagame I had the pleasure of brunch with ExPru this morning. Top fella. Talked a few things, including shares. I’m in the red now too, but we both are chilled about AMGO.
Sorry Viking - teatime so I've been feeding my fat face - again!!! : )
I am 9 tears away from retirement - if I retire - I have 2 cleaning businesses which are easy to run so may never retire. To answer your question and to quote a famous Bond Theme - we have all the time in the world - so as long as it takes to £2 within 9 years and if it still looks good when it gets to £2 I will keep hold. I like cruising - busman's holiday - so the more money I have from this the better.
FB - I remember now, how are things looking on that front???? I know it's tough and I'm pleased I don't have to let any of my staff go!!!!
@expru.
No event, just might need the money in case of redundancy. I guess I am impatient and what seems the constant red is wierysome now.
Expru ...... Question if i may. You say £2. How long would you be prepared to wait for it to reach that level or maybe how long once FCA and claims are sorted and lending starts again do you figure that level may take? This was £1.64 Aug 2019 and £2.76 as recently as June 2019. With the problems sorted out, this will only go up, the question is how rapidly. I like yourself feel confident whoever wins.
I think we all should be ex, hes a great contributor and from his tales here it sounds like he is living a life to be very proud of.
And the same can be said for many others here to :)
FB - Hold steady mate - this time next week all will be revealed!!!! Refresh my memory - what event do you have/what reason is it that you need a quick rise in price???
@expru I wish I had your confidence and belief. If I could get 50p I would be happy! I do believe that it is worth more than 20p and certainly more than my average. I just wish the red days weren't happening or if they did it wasn't a big %
Mark - you can talk to me all you like : ) We truckers have to stick together : ) (well, I used to be a trucker!!!)
My faith in this share is unwaivering!!!! JB or GC - both can do the job to get the company through all this uncertainty, or else they would not have/are intending to buy in to the company!!!!!! I'm out at £2 - that's the gauntlet thrown down!!!
Jimmyg, great post, most sensible view I've seen on here.
Fact is that close to 60% of the business is owned by people who will want to sell at the first sniff of 20p... no way it sticks above that level without new news on lending or claims.
Brucey - Any brekky out is enjoyable
itsa - r u jealous of Marky by any chance??? Don't forget he is only a hairy arst trucker and not a trader - Hee Hee
But I still think this is good for 20-30p and would be very cautious holding beyond the vote results and hopefully JB buying as ceo. There are still many unknowns going forward!
*expru I’m talking to you!