Member Info for bonum

http://www.investegate.co.uk/Article.aspx?id=20120919182459P25EE

Steve Lamprell will sell sure enough if the price is right as u say. I'd be very surprised if there wasnt some discussion amongst external parties on the validity of such a move, especially given the low mkt cap & sector growth prospects. Any even tenuous approach or leak about such a move will have a major & immediate impact on the sp. That still shouldnt be a focus for an investment decision though imho but based on an orgaic recovery of the share price.

not according to informed parties like NDC who have reaffirmed there comittment to placing further orders with Lamprell or the recent JV set ups with Shaibi Group / AYBT. I look at this stock purely on its validity as a strong recovery play after its previous, sharp drop. As long as they can continue attracting orders & address margins i'll comfortably stick with them for the recovery to play out. The sectors very bouyant for future business & recent initiatives should attract further customers so there obviously doing some things right. As far as cost cutting I'm sure theyll have a better idea on how to achieve that then any of us posters on the board ;) In an ideal world i'd like to see a few heads roll from the management team but its not something that Im overly obsessed about - then again ive got a low avg here so have benefitted from the issues that caused the drop in the first place. The bottom line is this represents an excellent recovery play to me & in viewing it from a completely detached investment perspective. atb

I think those factors would be accomodated in any decisions made. The main objective is to get the company back into profitability to service the healthy order book that already exists. Those are informed decisions the management will be making to facilitate such an objective & which need to be taken at this point. As a shareholder i welcome a robust response by the ceo to address the issues at hand thereby creating shareholder value from our present position & also why i believe therell be further institutional buying now Anyway, have a good day all

more likely, it's exactly what the company need after a requisite & informed overview of operations & resulting in the CEO's confidence of a return to profitability for 2013. Thats why we're investing now at these price levels

Cheers mate, all good here. Its been great to take time away from the markets (finally) & nice to see the PF looking much better. Will likely be taking more time out for a bit. Hope all good with you & will catch up on the blog soon atb

This is an investment position for me (like the rest of my PF) - i think it'll give me an excellent return from current levels over the next 6-12 months. The drop was exacerbated due to the illiquid nature of the stock & the rise back up will hopefully experience a similar effect. Nice one to have tucked away gla

schizophrenia syndrome for some investors ;)

http://www.investegate.co.uk/Index.aspx?searchtype=3&words=gng

China stimulus plans? Contracts that were being negotiated at the time of the 20th april trading statement? Both or neither? - lets see Cash assets well above the current mkt cap anyway & strong position in the domestic market in a sector set for major growth Gla

Lots of buys anyway

Something happening?

real buy price is around 0.33p (just above the very recent director purchases via the placement) - which is why i think its a great time to buy at the current price & now the placements been successfully concluded We'll be getting regular updates from the Portalegre Gold Licence thru AIO & caspians own La Parilla tungsten project. A great entry price & should see a large increase from here regardless of the silly spread the MMs have put on it atb

TIME TO BUY imho

Many of them are - this should come very good soon. Once news is out the 35m shares will make buying very difficult & push the price up much harder imho

Good news on China growth & prospects for the domestic market for GNG going forward http://www.bloomberg.com/news/2012-06-19/china-sees-june-growth-rebound-after-stimulus-measures-economy.html - Bloomberg 1 hour ago

read that as; with buying capacity extremely limited due to the low number of shares. atb

The sharp drop off the trading statement was exacerbated by the very low number of shares in issue circa 35M. Although we can expect contract news soon a re-rating didnt occur before due to the spectre of the sovereign debt issue thats affected the market in general - people just havent been willing to buy across the board, not just into GNG. The Greek election victory by the pro austerity partys given a bit of bouyancy to the market with an immediate impact on many stocks such as this one. The macro issues arent resolved by a long way but people are easing up on risk aversion & beginning to buy again. Hopefully we'll get some QE from the FED, High spanish bond yields forcing the ECB's hand etc to further boost sentiment for a more concerted push for recovery by Q3 2012. There have also been positive indications from China about the domestic market there which only add to the sentiment associated with GNG, especially given there position within the sector & the potential for sector growth itself. A combination of factors along with impending news on contracts should see a re-rating of this stock. The low number of shares in issue & strong cash position weighed up against the current mkt cap should see a powerful move upwards, with buying extremely capacity limited due to the low number of shares. The stocks only started to bubble but Im expecting a healthy build up of the price with a very powerful move upwards on news &excellent prospects for long term growth. Obviously dyor & gl

An EXCELLENT prospect imho

An RNS on the current contract negotiations should add a massive impetus upwards for the SP just as the low number of shares in issue exacerbated the previous drop. As u mention the cash in bank is well above the current mkt cap even taking into consideration some cash burn since the trading statement. There very well positioned within the sector AND for a recovery within the domestic China market. This is a remarkable opportunity for a multiple rise of the SP from current levels & very comfortable holding for that & the reassurance of the strong cash position.