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It may be too optimistic to say the sp can only go up. The Q1 results are extremely delayed and might not make very good reading. Surprised no one has commented on fact both the large mills at Freda now appear to be out of action, leaving only the 2 small mills On top of that Nickel is languishing at 9k/ton. The smelter is no doubt stuck in the 75% completion area until the re-deepening work is complete
Ebola...are you for real! Straight talking....gold up...smelter almost complete.....available dispensable shares limited...there's only one way sp going. Any news on the dodgy cash coming home?
ebola issue, might be a buying opportunity when it drops
Perhaps the projected transport savings of $10Mn to $12Mn p.a. will tilt the figures.
Potential export lift from Indonesia nickel just keeping above 9000.find it difficult t c how they can make this smelter commercially viable.
If this happens the demand for nickel would be immense. http://edition.cnn.com/2017/05/11/asia/china-one-belt-one-road-explainer/ Still good support for gold at the moment with political uncertainties around the world.
Out of the 8m sells over 4m buy
Nickel and gold prices not so good which will not help the company. infact nickel now just above 9companych will not make smelter commercialy viable
Would be nice if SP would start to move up to 2.5p after issues concerning Mr Ning and associates are resolved. Worldwide political uncertainty is providing good support.
For a holding rns and our buyer is at it again ?
Interesting to see if there is a buy late reported
Any idea what's going on? All recent trades for the same volume, but wildly varying sell prices.
So when can we expect news on all the things we were, before the scandal?
My entire holding good luck
Delayed £10k buy Boom!
Just wondering how much of a saving is to be made on leasing and the 10 jobs cut in Hong Kong. Every penny counts
Is going for it still, any sells will be bought up by him, sticky holder is great
I guess, like with all shares, you just have to measure the risk vs reward. As far as aim goes, I'm relatively ok with the situation. Though, I guess my situation may differ from others, as all that I have invested I can afford to lose, and I go in to every investment with that mindset. Not that I think that's going to be the case here.
But its now showing, wonder why MMs.
In light of recent events, closed #ASA. Potential remains substantial but for now there are simply too many aspects I'm not comfortable with
Considering the current set of circumstances
Asa Resource Group plc ("Asa Resource", "the Group" or "the Company") Board appointment The Board of Asa Resource Group plc is pleased to announce the appointment of Mr. Ian Barry Dearing as a new executive director with immediate effect. Ian Barry Dearing, aged 69, has been a solicitor of the Supreme Court since 1971 and was granted faculty as a Notary Public in 1984. He specialises in civil litigation and company law. He has represented several public and private companies and has been Legal Advisor and Company Secretary of Asa Resource since 30 September 2016. Confirming the appointment, Mr Murangari, non-executive Chairman said "Barry has been an outstanding ambassador for the Company. In his capacity as Company Secretary and Legal Advisor, he has been leading the enquiry into recent allegations - shareholders couldn't ask for a more suitable candidate to uphold corporate governance. Barry has also been engaging with management, workers councils and officials in Zimbabwe throughout this challenging period and assisting in normalising conditions for sound operations." The Board is working closely with senior management and government to reassure its commitment to Zimbabwe and restore confidence to the shareholders. The following details in relation to the appointment of Mr. Dearing are disclosed in accordance with Schedule 2(g) of the AIM Rules: Current directorships Past directorships held within the last five years TRDM Limited The Cattles Shareholders Association Limited BDS Electrical FM Limited Hibu Shareholders Grouping Limited United Historics Limited Icethaw Salt Supplies Ltd Matthew Hall Fire & Engineering Limited Open Fire Systems Limited Riverside Charitable Trust Limited Bespoke Detection Services Limited BJX 4 Limited Mr. Dearing was appointed a director of Icethaw Salt Supplies Limited on 11 January 2010 and resigned on 11 March 2014. On 22 April 2014, an administrator was appointed. The estimated deficiency as regards creditors was around £600,000. Mr. Dearing has an interest in 4,645,967 ordinary shares of 0.1p each of which 2,000,000 are not beneficially owned. There are no other disclosures in accordance with Schedule 2(g) of the AIM Rules.
Nickel at 10 month low.not sure how they intend t make this the smelter profitable at this price
Delayed 3 MILLION buy! 57 thousand pounds worth of shares BOUGHT TOLD YOU MMs WERE PLAYING GAMES!!! B O O M !
As a rule they know what stop losses are available to be triggered, so they drop the bid price far enough to grab the shares and then put the bid price straight back up again, personally I don’t think a 10% drop is sufficient to grab a worthwhile amount of shares, I can only see 100k been sold and that’s showing on the NEX exchange since the drop so it wasn’t a grab.