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If it is then it will be for DWS, Blackwill, African, myself, the two million share buyer from yesterday plus everyone else that is long here as well. ;)
Is this one of your more speculative investments, Daisan, as opposed to SHG & AAZ?
March 2016 African Resources Limited 1,440,076,040 61.69% DWS Investment GMBH 160,045,857 6.85% Blackwill Trade Limited 117,730,632 5.04%
Hey Daisan, what is your opinion here and in the pog in general?
That's an 'off market' trade - two parties have agreed a deal and exchanged. No way you could have got that through normal market trading. The seller would have decimated the market and the buyer would have forced the price higher. Interesting though. More interesting that it hasn't resulted in a TR1 which suggests that the buyer was new and the seller was under 3%. Or that they just couldn't be bothered to inform the market.
thing! Back over 1270 per ounce ;)
Erm, all by myself BOOM BOOM!
Erm, BOOM BOOM!
50 million shares over 800 k gbp on the 29th September
more appears to be going on than just a flurry of 1 million buys
Look at all them there flurry of buys
Scrap that, hadnt seen the AGM presentation on the front page, gold grade from pit down to 4000 msal of 4.1 to 5.3g/t, giving annual about 60koz/year production at 80% recovery. Nothing on AISC though that I can see. But if we assume $800 that gives an operating profit of £25m on a £41.75 market cap company HOWEVER: "Total capex for the expansion is estimated at US$42m, and the additional capital required to complete the underground development plans should be generated from operational cash flows. " So I guess people cant expect any real dividends for a couple of years...
Thanks for pointing this one out on the POG discussion! Does seem to be a bit overlooked, though many miners still cheap and perhaps people waiting for actual production to start in the underground mine before buy in. Also no actual figures for expected AISC/oz as far as I can see, nor what the initial grades at that expected 500,000t/year run rate will be. Doesnt seem like a very communicative company!! Definately one to watch though...
Why hasn't this stock followed most gold miners and risen since March. Discount the ridiculous bottom in Mid Jan and this is still well behind most miners. Even if production stays at 25k oz and even if spot gold stays around 12-1300, this has to make net profit of $400 per oz and so the share is trading on a p/e of 5 !!! If production rams up to 100koz and profitability to $5-600per oz then this is trading on p/e <1. That's just crazy ... what am I missing !!!
please seems this share is unloved why?
got to play catch up feel sad didn't buy 10000 hoc at 40 p hopefully this can help me omi feel going to 30p very soon if this goes to 3 p soon be happy
cant get thru to there website. any one else haveing problems
lets hope im not bad luckfor you guys
and interest from Institutional investors wont do any harm.......raise a little more interest at the very least. Again today sees a good move up on low volumes.....consolidating before the next leg up
Steady rise continues .Onward and upward all on low volumes.Just wait until we see some larger volumes ...and dare i say it the herd cottons on and takes a punt. 52 week high back on the horizon
All going to plan and well signposted. H2 2016 sees the beginning of ramped up production with the added bonus of cutting overheads and linking performance with share price and Directors remuneration/ reward. Fully expecting some aggressive moves in share price and plenty of positive newsflow to keep the momentum going in the short to medium term. Great level to get in at.
1.6 Nice to see, will our buyer turn up with them large buy orders of his today? Heres hoping anyway.
Good to see some recovery in the SP. Good percentage increase on small volumes.Moving back towards where it should be. This past 12 months should be viewed as transitional and the next 12 months we look towards significant increases in underground production.......and by then we will be on a completely different level. Good luck to all long term holders
There's a 100k buyer about pushing this
If the lid blows off at 2.15 it will be serious game on here