Member Info for Chrisdp86

Are not worth worrying about... AFC share price is one of them

Crazy right... not sure what's going in here but it doesn't seem right at all

impossible to call until there is some kind of fllor set and new broker notes issued on the stock imo.

Basically the last time it wa 44p was 2001.. not a chance of calling a bounce until the order book settles down and day traders do one !

a sale of non core assets and a bit of success with the drill bit will see this rebound very strongly.

Oil price is $64 and they projected FCF of $150 million per annum at $60 oil. I feel oil will settle at 70-80 bucks next year which will also improve the outlook considerably.

Really? I dont recall seeing that in any RNS related to this

Has there been a leak re Rio? Under 9p to sell now... surprised this is taking so long to say yes or no on the illmenite

Didnt think the update was that bad to be honest. Gold is slightly higher as well!
I think the sign was a few years ago when the CeO offloaded a lot of shares. Tends to lead to a change in sentiment ..
I think gold will do well next year and with the volume if oz they expect it's a hold for me..

If not attending in person you can nominate proxy with your trading platform as I have

The sale of Zama and repayment of a substantial amount of debt will see this zoom up. Free cash flow will be increased vastly as well as the redemption deadlines no longer being an issue. Oil is still subdued at this price and margins are better than they were years ago so still happy to hold.

On the recent RNS there are votes coming up on resolutions 2 and 3 which will enable to board in the future to issue equity for investment without first offering shareholders rights to participate or vote. I would strongly recommend that this is voted down in order to maintain an element of power and stop liquidation at whatever price the board seem reasonable.

Assume you mean funding/ finance?

This is definitely one for the bottom drawer as it seems to be taking a long time to move towards production

He really has a history of pumping the share price prior to a cash raise LOL !

Ahead of guidance at S.D...
12 well campaign kicking off (had great success with the drill bit previously)
And... an extra 2 million USD added to cash reserves in 3 months.
Should have had Mark at the helm a long time ago!
Avanti !!!

Her name is Rio and she likes our illmenite sands...

At least I hope ! We are due some news soon surely....

This is far from a safe place to put money. It is one speculation and a very high risk gamble when considering the investment world.
One end you have apple/Amazon and the other end you have Kodal minerals.
Company performance and shareholder liquidation has been awful here. I doubt the chinese are happy !

I sold my original holding today having more than doubled my money. All lovely free shares that I can leave in my ISA for the next decade...

Btw.. It took me nearly a decade to double my money and was staring at a 75% loss for a long time !

Will be a bigger test for the product in the UK with lower temperatures and bigger fluctuations. I'm no road expert but understand that the cold and heat contractions coupled with heavy traffic break the surface up. If it works well here then undoubtedly we have a superb product on our hands with unlimited potential ?

Also a large part of the shareholding is in the hands of p.i's. Schroders, ervington and some directors hold substantial sums however the nominee holders such as II and Hargreaves account for about 15-20% I believe. Depends if p.is bail or not I guess

I think I make it about 75 million now.
Looking around AIM at say, Versarien. 200 million + ... we could be in for another big rise next week as all the small cap fund managers want a piece

Also I recall MOUs signed for UAE, South Korea and Oman? Perhaps we can now deliver.
I recall adam bond saying 2021 1GB target, this may be plausible now however the company seems to have changed track from standalone industrial fuel cells into EV charging and others. Not sure what the new targets are and what the brokers expect this to achieve in revenue.