Member Info for dundee

no highs no lows no trades for a couple of weeks, like i said looks suspended to me. possibly till annual returns are posted

looks suspended to me. have a look over the past rns.

good news:)))

takeover on asx

reported on bloomberg, "loan called the day after transport secretary announces rail link" any views?

just had to get in here first

The Stone Roses have been confirmed as headliners for 3 summer 2012 festivals. Benicassim Spain, Fuji Rock Festival Japan and T In The Park Scotland.

http://www.investegate.co.uk/Article.aspx?id=201110260700188394Q

there are some positives in the rns!

so ngl only produced 11.6 t/ounces to end of sept 2011 yet they say still on target to produce 100,000 by year end june 2012!!! dont like the production cost but im locked in for know!

ngx /ngl suspended on asx 18/10/11 pending an announcement http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01229404

ggg are merging with azx both listed on the ASX ggg are ggb over there. md of ggg jeff (cant remember his surname) has his head screwed on right so expect great things once the merger is complete i sold out here at 38p a few months ago cause it got a bit messy ggg tried a takeover of azx (AUZEX) and it took a while to sort out. Target price is is i think around 60p. Up and down to Carlow from Cork a lot if thats where your from. ATB

worst case scenario~ 50,000 ounces = 1000 ounces p/w production @AUD $1300 inc wages (has to be) - current spot price $1600 =$300,000 p/w = $15.6 million gross profit per annum =still a no brainer to me. anybody, any thoughts?

ok found it, tips investment are the company and norseman makes up 3.09% (or did) of their small cap gold portfolio

i aint investing just sitting on a hefty loss wondering wether or not to jump ship before maybe, this company going belly up. i found this post by mulledwine (which im sure he doesnt mind me re-posting) a couple of pages back, its written if you read it by tom winnifrith senior fund manager from some company. If these type of so called experts can't read the danger signs bearing in mind this was written only a couple of weeks ago then what chance have we.

Norseman – results **** poor so why am I buying? You may wonder why our fund has been buying Norseman (NGL) so aggressively when the results out today are to put it frankly **** poor. I am not mad. In case you wondered and in fact I have just bought a shed load more shares for the SF t1ps Gold Fund and here is why. Output last year was below forecast at c50,000 oz and the company reported a loss of $12.9 million. I kind of expected that. The year end was June 30th. Since then mine 3 has come onstream. And we are now told that by Q2 ( ie Oct-Dec) mine 4 will be onstream. So output this year will be what exactly. The management was shooting for 100,000 oz. That may well be achievable. But a minimum of 80,000 oz is on the cards so lets work on a range of 80,000 to 100,000 oz at a cash cost of $900 -$1000 ( it depends on output). Lets go with 2 possible average gold prices – $1500 and $1800 ( although I reckon even $1800 is far too low). On the lower output, higher cost, lower gold price we look at operating cashflow of $40 million. On the higher output so lower cost and higher gold price we are looking at $90 million. Just As a fun game at $2000 gold you are looking at $110 million. The market cap at 29p is c£51 million – call it $80 million. So you get cashflow multiples of 2 ( worst case) down to well under 1. You can do the maths as well as I can: this is what they term a nil brainer. Tom Winnifrith Senior Fund Manager www.t1psim.com

and to add insult to injury the sp on their web site has now jumped to 11.25 only a 4% drop

Anyone else tell me why their website is showing only a 5% fall on aim and not a 35% fall . do they honestly think that the aussie investorts won't see through this deliberate deception!!!!!

concern on iii wether they can continue as a going concern, dishonesty within the company, one ray of hope 100,000 ounce production even if production cost are $1250 aud, is still a sh@t pile of money at todays spot prices!!!

in auction could we see.01p at the close. lol