Firering Strategic Minerals: From explorer to producer. Watch the video here.
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There is a new presentation on the website. Same format as that for GLR and XTR.
Quite surprised by lack of any real news here on the Sunday roast Colin mentioned lots of news to come in the new year and we are soon to be in March and we havnt had much at all Sandfire and first quantum must. Surely have some results by now he did mention these 2 companies do not mess about but the proof is in the pudding let’s have some news please
That's my small nibble buy (50000 shares @ 2.94p Monday afternoon). Will buy in small amounts whenever the price seems to be at or near a minimum. Famous last words.....
The price seems to have been stable for a while now. It may be that punters are slowly buying in and holding so that the 'bottom' is slowly rising.
I’m also interested, but am just conscious that if the price action from the previous 3-month period repeats we would see a drop to 2.1 area over the next month before a bounce back. Seems possible so am weighing timing
Hi Metalhead, yes. Very quite. Just thinking of having another nibble myself. May well do early next week.
If you ignore sub-£100 nonsense, there were TWO trades across the whole of last week, both sells, and the larger of the two was only £1200. Extraordinarily quiet!
Useful Sunday Roast podcast yesterday. Sounds there is promise in the region. Plus the other assets to look forward to.
Levi, I think you’re right that the predictability of quarterly updates is having an impact here
Unfortunately First Quantum are going at a steady pace orangecannon so some will be thinking we have a while yet before next news.
We need news from our own project in Namibia regarding the open pit and getting it into operation.
and nobody wants to buy any shares......
Couldn't agree more Metalhead
Excellent results from FQ. So much going on here. Looks like we have economic grades of shallow mineralisation at Turaco. Plus two more exciting prospects. And then the Sandfire JV, the Nambia projects…
Such an incredible package for a £7m market cap
First Quantum have today announced the death of one of their workers in Zambia.
It would surely be poor taste to be announcing any other updates at this moment in time.
Strange that somebody either bought or sold around 13k of shares yet the share price didn't budge despite previously moving when relatively small transactions had taken place. Just musing.
From listening to the Sunday roast podcast Colin clearly said there will be plenty of News flow comeing out for AFP regarding drills assays and progress but disappointing that we are nearing February and heard nothing what is going on please Colin .
Or wishful thinking. Fingers crossed.
Standard for board/employees to receive options in companies such as this, and the strike price of 4.5p is a decent premium. So I think this is ok.
Timing is interesting. Last chance to issue these at 4.5p before the next update from FQ lands and we go rocketing up? It’s a plausible theory anyway
Hi Metalhead, I'd like to build a big position but I'm going to be patient and not chase up the sp. If the price falls I'll add, if not, it'll be one of those that got away!
I think the down movements are trading but not the up. Think the ups are a small number of people building big positions
This company sp sure is volatile. With the small number of shares in issue its something of a traders paradise. Everybody piles in when they expect news and out again when it doesn't arrive. If it drops to below 3p I'll have dip another toe in the sea.
Clearly XTR never reached 10p . Not even Kwaduko would claim this. And I doubt if Cela bought in at 1.5 either. There is however every chance that this CB company could reach 10p and beyond .given it is a micro cap at £7m which so much going on.
When did xtract reach 10p?
Actually I did purchased Xtract resources at 1.5 p sold at
10 p and piled everything into APR hopeing this will do the same.
You have obviously not invested in Colin companies before then.....