Member Info for alan80

Must be a good chance of this moving back to the 55 level in the short term, despite the apparent large disposal today Shipmate

Key words in the announcement that he expects that it will deliver 'significantly stronger economics.'

At what point should the directors withdraw their support for the offer? Being structured the way it is there seems limited downside for the buyer and its all falling on the seller.

We all know that whilst AMA has strong assets in the ground without the gold price helping us current holders are unlikely to benefit to any great extent, but are events aligning to make gold attractive? The falling oil price is making motorists happy, but is causing some producers growing grief. The Saudi's announcing a range of revenue raising measures and then the executions perhaps to deflect attention from the economic pain, but that creating tensions with Iran. China with all sorts of unknowns about its true strength, and the wave of corruption arrests. Russia with its economic pain and anger over Turkey. You just wonder whether 2016 might just, perhaps, be a turning point upwards for gold.

Great Christmas Present for all long term holders. With the oil price heading south rapidly it seemed like HDD might follow suit, but this announcement changes the whole landscape for the company. Happy Christmas Everyone

One way to try to thwart them is buy a million

Everything rests on being able to finance the Yaoure mine. At present they don't have the money, and the various options available are likely to lead to existing shareholders getting only a small amount of the value unless they stump up the financing themselves. Putting to one side the financing issue, these shares even on a conservative valuation could be ten times the current price. But everything comes back to the financing. In a perfect world gold rises to a level by which Amara could sell off Baomahun to pay for the Yaoure mine. But longstanding Amara holders know timing has not been favourable for the company.

Now the company has got back to being a developer perhaps Algy might come back!

Big drop yesterday with huge level of sales. Could it be related to possible bad news regarding aerospace tests?

There is a post on another site suggesting that there is unseasonably bad weather for the regions ACHL has its plantations in.

The share price has shown a propensity to do little even when good news comes out. I wouldn't be surprised too much if the share price does not race away because of the general picture of gold right now, and as well, Libra are slowly unwinding their position in Amara, and if there is buying taking place they will slowly sell more of their shares to counter any upward move on the price.

A couple of points on this glut of winter oranges. Surely it could be foreseen some time ago that there would be more winter oranges coming to the market. But also it suggests that the local Chinese market is not expanding in terms of orange consumption as would be liked.

You would receive all future declared dividends in cash on all shares held unless you had set up a permanent mandate to receive extra shares rather than cash.

Too late, the 15th Nov was the cut off

This fall makes taking the dividend in shares pointless as the shares can now be bought cheaper in the market

Libra have sold another million and a half shares.

I might have missed the announcement, but cannot find it, but there seems to have been an additional 10 million shares sold by Total Value based on what they held according to the Interim Report.

The price completely collapsed after 1 o'clock today and then rebounded by 2 o'clock. Potentially risky to jump on board whilst there may be issues relating to the FD's departure. Unfortunately this company has a growing reputation for delivering bad news. No sign of the share repurchases.

Surprised this hasn't been hit harder as the sudden departure of a Financial Director is normally a bad sign