George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
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@hopingforbags. That’s what I see .... I’m confused as to what the detractors can see that I can’t !!! I did wonder if I’m suffering from false confidence from my recent success here but I don’t think I am I’ve gone over it all again and this just screams buy to me !!! 100% minimum gain ..... again from this level.
However more importantly short term and sentiment we have the founder dumping just under 5,000,000 shares daily.
exactly right Mark, they have not been shut down by the fca and are cooperating in improving
best practice etc
£135 Million on the books and income still at a rate of 15-20 million per month on a portfolio
of well over 600 million
Provision of £35M settlements, recently expressed in rns as will be substantially higher but even
if doubled to 70M still leaves 65M cash on the books and rising monthly
So at current market capital minus double liabilities provision, current market capital consists of
less than growing cash, with nothing factored in for business going forward
@Mark@1973
This is what we looking for
I like like
such a very amusing words
""all it needs is one rns and we are off again!""
Cheers
@timmycoles
trust who you are
invest if you felt company good potential with your own guts
nothing is 100% and secure in the money games
leave it or take it
just as simple like that
Hereshopin- remember last week when the negativity was in full flow and we made 200% in three days ..... all it needs is one rns and we are off again!
In a nutshell amigo have lost there ability to chase down owed money in the effective way they did, the fca are backing the customer and not happy with amigos cut throat tactics.
Inevitably amigo are right if you owe money pay it back simple, unfortunately for amigo word is spreading, I think this is the new ppi .
I think one or two should read the financials here!
Hillman all I’m saying is, this is ideal for day traders like yourself and LTH should be careful. You’ve got JB who previously thought he could take on FOS and thinking he would be successful, a substantial increase in irresponsible lending complaints and a potential buyer who has pulled out after completing their due diligence. Now I’d rather put my money on the DD of the buyer rather the S**t that comes out of your mouth.
I certainly lost count how many companies r running without a penny profit... or with big holes in their balance sheet...
Has the 1% gone through today
Faz - revenues of £20m per month - £136m in the bank - they'll be fine
@Faz41
sinking ship
oh baby sinking ship
that's good
at least i am still good at swimming
i dip inside the pool with my baby all the time
baby up or sinking
come on baby sinking if you like or
flying if you care
No debating there is a risk, and the cost of 35M or more.
@Kozz you’ve got 9k of backlogged complaints plus the number of new complaints which will be coming in. That is no small number indeed, especially giving that the FCA have only extended for a short period of time. This doesn’t look as straightforward as it seems and will defo cost more than the £35m they said. Sinking ship in my view, that’s why the buyout fell through. Good luck to those investing but anybody new should be wise to the tampers on here
Issue from FCA —> “Requirement relating to handling of complaints about affordability, including re-reviewing previously determined complaints which have been identified as being potentially incorrect.”
That’s cut n paste straight from the FCA, BUT I would think that there is some responsibility on the part of the guarantors. In basic terms, there are 9000 complaints, which is high but not crazy if you compare with other institutional organisations. Resolve the 9000, provide extended periods, on more favourable terms, and plug in the leaks to prevent repetition. I am certain that’s what the new CEO will focus on, and he has a great track record so.... I’m in.