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I wonder if he's had enough and has been dumping? He only tends to sing while he's winning and it wouldn't surprise me if he announces in the next day or two.
Gary Newman and sharemuppets is probably feeling green around the gills too.
entirely possible... :)
36p is option #1
Twitter
BARONTRADING...
ARE YOU SUCKING A DICK??
nm
nm
I would wait until tomorrow before contemplating buying any more. Bound to go down again.
oh, and noticed mms are pushing the price down with each buy to make it look like the sell off is continuing...
gla.
if this isn't the bottom then i don't know what is... but don't be surprised to see the sp manipulated to look doomier than it is (if that's possible).
guess we'll see if there's any serious buying pressure after lunch...
seems to have bottomed out ready for bounce
hopefully dispute sorted this week .new contractor reduced costs for mining,but at expense of the miners mmmm
moral must be low there, there is gold there but need to inspire workforce maybe targeted bonus ?
anyway oversold at moment in my own opinion added some more at these levels
gla
Cant jump ship now Maple we are down in Davy Jones locker
6946 shares.............showing as a sell.
even this company is going to have its day... gold is nailed on as a defence against the world tourmoil, whether it's feared or actual... down today so maybe that's added but i suspect the strike a v short lived... and odds are there'll be a good bounce. it was damned cheap on friday so today's price is almost... well, as a punt, it's better than most for a recovery of sorts.
not an lth so i can understand their feelings... been there... but for a bit of a gamble over the next week, worth it, imo.
joined you guys for 7000 shares......sorry to see this go down, but surely this must be oversold?
Had a mind to sell up last week. Got distracted and forgot. Ouch
cause all the buys are at the bid. You can buy 25k at 39.64
MMs don't want to touch this at all atm
Agreed that is unprecedented putting that out which alludes to there being no issues. Wonder if they should be prosecuted
not showing any buys here?
i know there is cos i got some
bit oversold here
So "SIGNIFICANT ORE DILUTION" is the reason for downward spiral this year!! ,funny that as they kept telling us the mines were going strong. Never trusted this lot
"I expect the downside of this initiative to be short lived and that the anticipated reduction in mining costs will be beneficial to the Company over the longer term"
Clearly the market doesn't see that as short term challenges with a 50% wipe in the first 45 minutes of trading.
In the bottom drawer this goes to be sniffed at in the coming years.
I should point out I wrote my comment before opening when the SP was still at 94p.
TBH, I'm pretty shocked by the size of this morning's fall, even though the RNS was very bad.
I suppose now the question is what do you think will happen next. Extra finance is required. Will it be debt or hugely dilutive equity? Will it come from MNG (hence the special independent committee of the board to assess his offer for "fairness")? And what terms will be offered?
Oh, and how will the security situations in Liberia and Bukino Faso develop?
notwithstanding the short term pain... 10-15% downturn in annual results for the year and and finances being sought later in the year.
surely splitting the difference makes more sense? so imagine at least a 20% bounce from here... punted some money into it... at this level there can't be much more to fall before...
gla.
A whole smorgasbord of bad news in that RNS: production guidance downgraded, costs increasing, a strike, a possible resource model failure, a confessed need for finance, and a special committee of the board appointed, presumably to assess some pretty unpalatable options.
It seems to me that the only thing that can provide any respite in the short to medium term is if the gold price suddenly takes off to $1,500 or more. This would restore the company's fortunes quite rapidly, and send the share price rocketing upwards. That's why I keep an eye on this company. But, for now, it remains, for me, a strong avoid. I don't think the share price has done falling yet.
in the wings, IMO. Overhang to clear.
pog well up.still nothing happening here.