Member Info for boredmum

yes, I've been resetting my router but it's definately Advfn.

LOL. Think I might need to waken up a bit more in the morning. Good on you!!!

With regards to newspaper reporting, the lowest figure mentioned for a buy out has been 80p. There have been much higher figures mentioned, (taking it up to about £2.34). I would think this is why people are cautious. The risk/reward ratio isn't good if the bid does turn out to be 80p so I would think many people would think twice about buying in at this level. Of course if the bid went anywhere near the higher level we would all be laughing, but it is all still an unknown. With that in mind 80p is fine for me, anything else is a bonus. If it doesn't happen (always a possibility) then I'm not heavily invested. Wishing everyone good luck and hoping for a nice result.

Personally I shall not top up, I'm happy with the modest amount I hold. Ideally wouldn't it be lovely for the newspaper reports to be true but I am not expecting that to be the case. It would be nice to be pleasantly suprised but certainly anything over 80p would be good.

....even though approached have been made by Essar and other parties there is no guarantee that they will lead to an offer being made for the company. These are the words from the rns and if the deal was to fall through/called off then that would be the worst case scenario as the sp would tank. I'm sure the fall would be overdone and there would be a correction but having seen these things many times before this is what I would class as the worst scenario and always a possibility.

Should have read $2.23billion offer for GKP reported.

If the original source was the Indian Telegraph then it is worth bearing in mind that Indian newspapers were only last week running with a story that $1.23billion offer was to be made for GKP. Some think no smoke without fire but it remains to be seen. Happy to hold and see what develops. Anything above 80p will be a pleasant surprise for me. G.L. All

I am a holder here and have been patiently waiting for the bid although I have greatly reduced my exposure. Can you provide me with a link to that report? For what it's worth 80p upwards and I'm happy.

Hi guys, I've not been in this for a few months now. The chat caught my attention tonight as I'm at a loose end. What is the problem at the moment? I see they suspended the u.s. approval, was that down to funds? Is that why the S.P. has been dropping, due to a large cash burn? I remember from their interims that they had cash to see them through to 2010. Other than the suspension has anything major happened to change things?

Nice to hear from you. Sorry about the late reply but I have managed to abstain from lse till now. Similar to most people I probably have a few more than I anticipated. A good thing if it comes good but I certainly won't consider any more. I would ideally like to off load some end of September everything going well. Some good results are needed to get a bit of wind behind us. I don't know the odds of success PEN-105 but I would expect them to be quite high.

I would also think that this is going to drift further until such a time as the next set of results are due. The only thing that in my opinion would prevent it would be regular updates from the company or acquisitions. Certainly lacking news it will drift. I would love to get back in (I'm holding a tiny amount) but I want in below 0.15. That may not be possible but is what I would like.

Sorry Moosh, yes NASDAQ.

Ideally if I can get in again below 33p then I'll be in again. Off topic, do you know anything of an american company AMGN. I've been watching the sp rise as I've been trying to free up funds to get in. It's an NYSE.

I just sold mine at 41p. Please don't mention crazy figures like 100p. lol.

As always, appreciate the reply. I shall try and take more interest in demand for steel and closely watch MMS. I don't mind having to sit on it, that is not a concern. As I've said my concern is that it is not out the woods yet and even with Firebird behind them it is no guarantee. They are in a close period just now but certainly if there were to be director buys at some point that would show confidence and not just the token gesture we see from time to time but a decent buy would be nice. I shall hold in anticipation of a JV or continued increase in resource prices but try to stay aware. Thanks.

I have just read an interesting article in minesite. Still not sure what to make of it. States that 'Fluorspar demand has fallen off a cliff' which concerns me as this was the area that firebird/passin was to concentrate on. On a positive note then yes, zinc, lead and silver have increased 41%, 25% and 39% respectively since the scoping study was carried out. I'll post the link but you may have to register to read. http://www.minesite.co.uk/nc/minews/singlenews/article/maghreb-minerals-blames-the-close-season-for-lack-of-news-on-any-progress-in-tunisia/1.html

Tealeaves and water, that's almost as strange as Riddlers technicals or Moosh and Osaki's cloud movements. Isn't it just as well we have GedW's good old fashioned research to keep us grounded. lol.

Hi, this one was recomended in the Sunday Post newspaper this week in their 'sharewatch' section. It stated that the possibility of a divident wasn't far off. GedW has had it as a recomendation from way back.

I have just seen on the regular thread some poor soul just bought at this level. Goodness, I thought it had already risen too much at about 12p when I looked. It is suicide at this level. It's scary how some newbies really hang on the every word of others. I know I made some mistakes when I started but I was always wary of people and their motives. Well done again on this guys. I'm trying to stay clear of things I am not familiar with until my baby starts to settle a bit more. Been spreading myself too thinly so just trying to keep it to what I'm already in, I'm sure that won't last long.

I'm not in this guys but have been watching a little. This is one crazy ride. Well done.