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Thanks mate 85p ouch, i think in the long term you can make your money back & more here, I lost alot on Rose, kept holding on to a loss which got bigger & bigger kept averging down & then I read the naked trader & realised it was better to cut my loses @ .5 lucky i did as it went down to .18 shortly afterwards. I dont think FAM will go the same way I think its a fairly good bet.
I think so Mate, I was there for a while, small profit and sold. Here, I'm in trouble to be honest, I bought a long time ago when was Sweet China, then they change the name and finally, they become FAM. However, my average after consolidation is 85p yes Mate, 85 pence, but I believe they can higher this year, but not 85. I'm sure you're in profit here and I hope you make your money. I've to wait for a while. Obelix
Good morning to you also, I remember you from other share chat boards was it rose?
Goo Morning Mate, post recommended by Me. I'm still down here, but FAM looks good
Quiet board this seems to be the best kept secret on aim free of rampers & derampers, steadily rising day by day, long may it continue before the herd turn up!
Very good outlook from the long awaited RNS
" HD3Ds built using a combination of bathymetry, seismic and the latest ortho-rectified 3D photomosaic technology to deliver for the first time a model of ilmenite bearing sediment accumulations into one complete 3D model" "has clearly defined very large volumes of ilmenite bearing sediments within the shallow marine or near-shore area" "All necessary documentation to support the application for rights to the ilmenite bearing sediments contained in the shallow marine area have already been lodged." STRONG WORDS?! "Once approved this expanded licence area"!
Loads to read! All sounds good to me! FinnAust CEO Roderick McIllree said, "With the geological model for the Pituffik Titanium Project complete we now have a clear understanding of the project dimensions. We are preparing work programmes accordingly and remain confident that we will deliver an initial resource calculation from the work carried out during 2016. The Company also continues to focus on the delivery of a proof-of-concept, cash generative 'bulk sample' in 2017. "With the model in hand, it is now possible to understand the significance of this Project in terms of volume of mineralisation for the very first time. To fully appreciate the dimensions of the titanium rich sediments one must do so from a helicopter at a height of 1500m, only then can the true regional extent of this material can be understood. The fact that the Project is comprised only of high grade homogenous ilmenite of low impurity presents FinnAust with a unique opportunity to potentially deliver production rapidly and at low cost. With this in mind, alongside our highly experienced consultants, we continue to prepare both the logistics studies as well as the work programmes that will further progress the Project. We look forward to providing full details on the key aspects of these shortly."
did anybody catch up with Rod and get a sense of any news flow potential..? we need to know how good this asset really is or not..
Must be close to news... GLA that are holding
Any idea when the next results are, soon?
FAM is now valued around £20m which in my opinion is very high for a mining project at FAM’s stage (i.e. not yet mining anything and with uncertified resources). I exclude the mothballed Finnish and Austrian projects and only consider Greenland of any value. The resource estimation from SRK Exploration “expected towards the end of 2016” needs to be substantial for the £20m value to be justified. I don’t want the share price to enter over-hyped territory.
Already, Its all looking good so far...
Any questions please ask & I will try to fit them in to the interview.. LSE share talk .. Thank you
Still, good results from testing should push this through 5p with the interest already being shown.
hahahahaha.. Ive had such a "carp" day today micksnags1. But reading your post made me laugh till i cried. So thanks for the pick me up :-)
done a dummy sell and actually sold. no wonder i make no money gla
done a dummy sell and actually sold. no wonder i make no money gla
i won`t complain about any share i have that rises, i do wonder why , unless people on the ground are seeing exceptional grades being produced. now do you dive in for more shares or are we buy on rumour sell on news?.
Paid at full price
lets hope this run keeps going
lets hope so
Great management team, especially for a company listed on AIM.
reported as a sell at 3.544 was mine it was a buy, spread tighter than 8% which is probably putting people off, new to this share, did some research & looks like it is a good investment in the near term.
The rns's.