Member Info for Dibs61

mpg1 - where'd you get 240k ozs pa from? Guidance for this year is 82-87k ozs. Personally I think they'll exceed guidance going by last quarters record performance but not 240k!

http://www.zerohedge.com/news/2016-02-02/coming-revaluation-gold Hardly a cookey this guy. He's a highly respected and successful billionaire. Imagine KGLD SP being reset when that happens.

Respected billionaires such as this guy are now starting to talk about Gold being repriced at $50,000 oz to balance and reset the mammoth global debt mountain. Imagine Shantas SP when that happens…. http://www.zerohedge.com/news/2016-02-02/coming-revaluation-gold

Imagine the SP here when Gold is revalued at $50,000 oz http://www.zerohedge.com/news/2016-02-02/coming-revaluation-gold

Imagine the SP here with Gold repriced at $50,000 oz http://www.zerohedge.com/news/2016-02-02/coming-revaluation-gold

Excellent post. Rec. I suppose in terms of the news flow (FDA etc) that is outside of AN's control. Most AIM CEO's tend to *ahem* overly optimistic. They are salesmen after all aren't they?! PI's often say oh we need news flow. Well yes we do but it has to meaningful significant SP driving news though. I concur to some extent about your points on the competition but it doesn't mean it couldn't be an issue. I haven't done sufficient research to establish where AGL are against all their main competitors.

Denialist - IMO you are spot on. JB himself has made several pronouncements which have subsequently proved to be way off the mark or incorrect. Therefore the issue becomes one of trust. I bang on about this so much but that's ultimately what it's about. Addy - as for the TW thing, hmmmm. Let me ask you a question. If I was TW and you were JB and I picked up the phone and said "Hey John are you going to do a placing?" How would you reply?? If you said "Yes Tom we're going to do a placing". That would be a massive breach of market rules. He couldn't do that even if he wanted to be honest. So I would be VERY cautious of such assurances. Particularly from a CEO with his history of 'off the mark' pronouncements. One or twin months down the road it would be quite easy for JB to justify it by a 'change of circumstances' for example. I stand by my opinion. There will be a fundraising here.

Wonder what cock and bull she's going to spout later. Listen Granma we know you know the game is up but I guess that won't stop you from more jawboning about China blah blah, global headwinds blah blah but the US economy is 'just fine' right? Yeahhhhh

You are correct. I've been testing with dummy buys and if you're looking for a 'meaningful' amount of shares the offer is at a premium to that quoted. Which begs the question to Singers why have they dropped the price this morning on nothing? Unless there's a large delayed sell to be reported this is more games being played to flush out nervous holders.

Good morning. Yep and if they can prove up the inferred resource they'll overtake Kumtor I believe? Listening to Dekel he seems convinced they've got a lot more gold in them 'thar hills. ;)

Large 1m sell trade reported late but SP didn't budge. Interesting to see what happens today.

I could dummy buy that amount for 0.785 earlier so prob just an error.

Many thanks most helpful and informative. I think it is reasonable to say there MUST surely be a reasonable floor under the SP at this level, though we may have said this before! That was part of my justification for buying back in anyway. I note they want 5.4 for even a small parcel of shares this morning. I'm tempted to pick up some more but might wait and see if they dip it again. Not bothered atm if there's a further wait. I can hold.

I have had this stock on my watchlist for years. Been in and out a few times. Still very interested but curious about the slow but steady decline in the SP - which shows no signs of coming to and end. Why? I wonder if it because of the increasing emergence of competition re liquid biopsies?

Very welcome but this has a loooong way to go to reach fair value for assets in the ground. If (no, when) this is developed it will be in the top 5 gold mines in Africa and currently valued at £33m? About $7 every oz in the ground!!

Unchanged today but volume very respectable - which is a positive sign. As we moved towards the close the offer suddenly rose to 8.42p (above the quoted ask) so tomorrow is looking good for us I'd say. $1200 Pog breached overnight - even better.

Yep pog sliced through $1180 np now testing $1200. If I wanted to buy £10k's worth here this afternoon (dummy buy) I had to pay 5.8p so offer has been rising today. Looking pretty good although wide spread.

I think it's always been the case that if gold soars (or is 'allowed' to soar) with all the plethora of macroeconomic and geopolitical issues around the world the game would be up. A rapidly rising gold price would be a signal something is badly wrong. So, TPTB genuinely have a vested interest in gold remaining subdued. It keeps the thermometer cool and helps the whole 'everything's ok' narrative from the Fed. I've seen at least one analyst talk of $1800 as being a vital number and another $1200 as being the signal for start of a new bull market. So we're close, there's a lot at stake currently.

Well well didn't know you followed 'ol Foxy? ;) Your buy 'could' be an inspired one - perhaps - BUT for me it's ultimately all about trust in the management - above and beyond the investment 'case' or 'story'. Which looks good doesn't it? I don't think genial old Chris is up to it frankly. Just too nice. Two years and the friggin factory still not built! A CEO with balls would've sorted this mess out by now. Not for me. Not even at this depressed price but, as always, ATB to you.

It's up to you of course but I would say don't be 'scared out'. It's gone down a lot on virtually nothing. Nothing has changed. It's just a MM successfully exploiting an illiquid market to make money. That's what they're doing. It only takes one or two people to lose their nerve. It can go up again just as quickly when demand returns ;)