Member Info for Early_Bird

All good, results next week confirmed :)

Lots of buys continuing y'day here... all good signs ahead of long awaited EOY, seems they like releasing them first working day of June so Monday they should land. Interesting to see if H2 was profitable and also if they footnote it with any new comissions along with new broker note would be nice :)

pre share consolodation the market cap here was £10M... now the fundamnetals are much stronger and company looks to be turning its long awaited corner, just read through previous releases. I bought in here over 500p a month back and happy holding to see a multibagging return on that. GLA

Movement!! lol, I guess thats people taking positions ahead of EOY results. Judging by 2014 and 2013 releases EOY should land on Monday 1st June. Lets see. Certainly £1.6M MC here is a joke, that could change v rapidly if results look promising a move to £5M MC + on the cards IMHO

ITYS turns up only when it turns red. Makes me chuckle. MMs march this SP up or down 15% on tiny sells. Really is meaningless.. Permit and we have 2p+. June should be fun.

yep very reassuring... Next month here and beyond looks to be very exciting.

http://www.proactiveinvestors.co.uk/companies/stocktube/3793/ferrex-md-on-feasibility-study-and-mining-licence-progress-in-togo-3793.html Gonna listen to it in my lunch break :)

Exactly Vernon, 2p will be cheap its just a matter of patience here. Once permit is granted and production starts £25M bare minimum MC here or 2.5p, quickly could get to £50M+ or 5p+ Keeping feet on ground first Permit should signal a move back to 2p for starters.

Yep, hence the reason Dave has got Finance offers on the table at a significant premium to current SP. Ministers reappointed tomorrow so the cogs are very much in motion..

The initial throughput of the mine one permit is granted (v soon) is to be 250,000t per annum of saleable product going at around $110t currently equates to £17,000,000 per anum turnover for starters with mine life well in excess of 10 years.... Not bad for a company with £7M MC....

Very encouraging, FRX is really in a very exciting period now. Permit expected by end of June, ministers reappointed supposedly tomorrow whereby Dave will probably get the nod as to when permit is going through.... once permit is granted this company is going to be a totally different beast. Economics here are fantastic, 1.5p to 2p for starters in the next 4 weeks so its a no brainer buy and hold for me at current levels.

Good post mate

cant wait for this. Should make for some nice reading with some nice figures £££ for PI's to forecast from to help invest.

your concers for FRX generally are not specific to just FRX but all AIM stocks in general. Perhaps the FTSE is where you should be?

Indeed, every share goes up and down, its timing that is the key. Every share has its haters (those that have lost with bad entry timing) and supporters those that have gained (good entry timing).. yes bod have been slow here at times but its clear to see we are very much narrowing in on the goal here now. I tend to always invest in shares very near the bottom as in my experience it is an easy way to mitigate risk of huge losses. Spread here is large but I see this as a good entry point as do others.

Good for you :)

I know mate its disappointing that Mr 500 is still about.... hopefully EOY results get this one back on the map in a big way. Happy to be patient with this one.

and thats 1.7p discounted rate pre DFS.. as hinted in previous update CAPEX are now expected to be lower

Begins with T and ends with a double L mate, some low lifes enjoy getting on other peoples backs. Just ingnore it (he or she) No sell off has occured and DFS stating improved values of Togo mine over 1.7p would certainly entice a few buyers im sure.

Definitive Feasibility Study nearing completion o Focused on accelerated start-up model to export 250,000 tonnes per annum of manganese ore to generate early cashflow o Initial numbers indicate significantly less capital and lower operating costs o Awaiting final costing inputs prior to anticipated announcement at the end of April 2015