yep. bought at 4p equivalent to £2.
Well, now VGM has completed raising funds yet again.....I really hope this is the beginning of a positive campaign. Too many times i have seen a dilution of shares...and nothing really has come about. However, they do have newer equipment to play with and more staff But..if they can pull of the exploration development and lower cost of digging for gold...then we are on a winner. Cmon VGM....put Fiji back on the map !!!!
lol......I own 11grands worth of these shares at 4p....... Been in since RVD....and still hold If i wish to apply sarcasm to this share, then by the grace of greyskull i shall. Nuff said.
FLYING !! BOOMING up to 1.40 %.........Breathtaking stuff.... What we need now is a positive RNS to drop this like a brick !
I did write to VGM and *******ed them regarding the fall. Maybe they listened to me !!! Maybe they got the directors to buy more shares based on my *******ing Therefore, this 8% rise is due to me You may all queue up to thank me accordingly. I accept Gold and Silver as alternate payments to Cash.
Got to be good news ? Or setting us up for another kick in the chops !
David Karl Paxton, CEO, on the 3 June 2011 acquired 35,000 ordinary shares in Vatukoula ("Ordinary Shares") at £1.10 each. Following this transaction David Karl Paxton holds 135,000 Ordinary Shares, representing approximately 0.16% of the issued share capital of the Company and holds options over 1,000,000 Ordinary Shares, representing approximately 1.36% of the issued share capital of the Company in aggregate. In addition, Ian Colin Orr-Ewing, Executive Chairman, on the 3 June 2011 acquired 35,091 Ordinary Shares at £1.10 each. Following this transaction, Ian Colin Orr-Ewing holds 487,774 Ordinary Shares, representing approximately 0.58% of the issued share capital of the Company and holds options over 300,000 Ordinary Shares, representing approximately 0.94% of the issued share capital of the Company in aggregate.
Also, not in defence of VGM, but every company has its ups and downs....and VGM is not different. What i am surprised about is the amount of shares sold should not equall the massive drop VGM has had in the past 3 days. ITs almost the sp is being brought down by MM's. Ridiculous. I am at £6K loss here, but remain optimistic and hopefull. Like the saying goes, you only make a loss if you sell at a loss. Good luck to all who can wait a year longer
"Given the continued accelerated Underground Development Programme and the phased introduction of a new mining method, we now expect production for the financial year to be approximately fifty five thousand ounces and anticipate reaching our targeted production rate of 100,000 ounces per annum by the second quarter of next financial year. Our cash costs per ounce are expected to fall as production ramps up, providing further scope for growth." From this statement, i reckon this share price will be 400p in June 2012. IF its not, then i am selling at whatever loss i am at. Very dissapointed with VGM PR and lack of honesty. On the upside, .....IT CANT GET ANY WORSE>>>>>CAN IT ?
dropped as expected i have to think the volatility of the markets is killing my portfolio. Wish i had more money to top up, as this will start to rise one day...lol £4K down. Been in VGM for probably 4 years now...lol chasing my original investment fingers crossed the Canadian listing (if it happens) will turn this share around
and another thing that i am not happy with is 100,00 was predicted to be met around 3/4 quarter this year, now we have to wait till mid 2012..what a joke. how can you say one thing, then announce another. thats why (amongst other things) this share is dropping.
Very dissapointed with the share placing. Expecting it to drop with respect to investors lack of patience however, the biomass energy plant is a good thing for long term power. If harnessed properly, the costs will come right down, increasing profits in years to come. This will not be VGM's year now, unless something spectacular is announced, but i can see 2012 2nd quarter with an sp of 250p. My observation, who knows what s going to happen.
Lets hope there isnt another dilution of shares, and i hope the TSX listing happens very shortly. So much patience is required here now
i really expected a rise to 200p after these results. Either the MM's are keeping this down deliberately untill their mates can get enough cash to buy in or there still is a lot of panic ou tin the markets Either way, this is excellent news and have no doubt this will rise in 2011 and hopefully i might break even !! GLA
Hi Chan, i personally hold shares in this also. Whats your thought on this one, i want to keep as long as i can, but it may re-trace. Potential counter bids? Any thoughts/views would be greatly beneficial to me....as i am up in the air on this..
I love TAJ
i guess everyone has gone .....lol well i am still in this share but might not be for much longer
Hi Guys From what i understand, WTN will be takenover by WLT? If this is the case, WLT are not listed on LSE, therefore, how do we buy/sell WLT shares if deal goes through.? slightly concerned, but this will continue to be a winner share
442p to sell, 450p to buy
Defo be cautious, it will drop soon. And make profit too. But longer term, this has great potential. 500p is a good exit price the problem with companies like this is you dont know what to expect....but all i know is COAL is the new Black GOLD !