Member Info for einvestein

what u doing here then. share price was at 1p & now at 3p. Triple (more if you take into account the number of shares).

him & his mate gurkha :) They are desperate to get that buy at 2p. ITS NOT GONNA HAPPEN unless coal prices go down. http://www.barchart.com/charts/futures/LVH17 All this rise was due to to coal prices and obviously people took profit at 5p (and 4p). I think 3p is now the floor.

It will go to 10p even without the UC deal. Hengshun are willing to invest $120 million for 33% Makhado. That was 'put off' due to this. There is vele, and many other sites. Long term is not vague. Its at least 5 years. But for you its around weeks. Now there's going to be no deal, I advise you sell up and go ....

we all know the risks of investing on AIM. you don't need to warn anyone. So are you going to buy in at your 2p level & if so what would be the point unless you are in long term. still a week to go. And UC also have kangala mine which is producing. So why are people too concerned with NCC. Like a lot of bb, conspiracy theories are popping up.

excellent. I sold out along with duke & gurka. We just saw the rns saying its going to be late & now trying to advice the rest of you so we can try & buy again at a slightly lower price. Every little penny helps. We would really love to buy around 2-3p. I must admit though. Coal prices are rising. UC deal will be done. The only reason it was around 2p was due to coal prices. That 2p will NEVER happen unless coal prices dip again. I may have to buy in again ... grrrrrrrrrrrrrrrr.

'city' actually did touch it cos it rose from 2.75p to 4p on that news.

why, has it got too much confidential info that you were forbidden :)

Gecko, yes good news. However, I don't think we'll see a huge spike like last time in early march. AUE is no longer the company we used to love when it was 24p when I was dreaming to be the holder of a 100k shares. This is in my view lost its appeal due the 55% stake sold off. We may just see a max of 5-6p. Also that ore will take months to process at about 100 tonnes p/h (& with low grade first, may not get much ounces either for first month processing). At 4p its definitely a long term buy as the risks are gone. But I think the days of 'spikes' are gone. We will have to wait a 6-12 months until all things are flowing nicely, then may see 10p (market cap of £120 million). And of course, higher if pog rises to astronomical levels. GL.

its exactly the same market cap of £77 million on ASX as in LSE (4p). Just been looking at an old article to find out costs per tonne for UC coal. profit margin of up to about $A15 a tonne on coal sold to Eskom. So assuming production will be 2 mpta, then profit would be £15 million pa. http://www.smh.com.au/business/energy/universal-slams-opportunistic-takeover-20151020-gkdkd2.html Once deal done, even on a PE of 10, cza should be worth £150 million. (with roughly 3 billion shares, that could be 5p) Then you have NCC coming on stream at 2nd half, Makhado's 5 mpta later. Does anyone know how much vele/mooiplats production costs are if it did come in prod.

during the greek crisis, both dollar and gold surged. So I don't understand why gold would stay behind if there is another european 'crisis'. If the US is going to weaken as Byrn suggests, then gold will probably spike twice as much ?

all the ones over 3.97p were buys. The rest are hard to tell. Any trades below 3.9 are most probably sells.

he states that he wants to buy in at 2p (NEVER GONNA HAPPEN). However, why even buy at 2p if you don't believe in this company. WHY didn't he buy at 2p a few weeks ago (missed it really). When it gets to 8p, we all know what he will be saying "don't believe in the merged CZA, this is going to be 5p people" He really wants in .... but can't :)

I take that as deal done. Never to see that 3-4p again.

sorry, thought that mr duke was around. filtered it anyway. They just need some extra capital to fund the admission of the new shares as well as 'extra' working capital that will be required when the two companies merge. I suppose management didn't account for the additional funds that would be required. But I don't understand why another third party. Maybe because changing the terms of the current agreement with the current parties will delay further.

jon, filter it. (really don't know why he is here)

"market will always get wind of any news" famous investor duke (trading for 30 years) often used to say on some public bb. I think that might be it.

thanks for the tip. I don't want to buy in at 8p. You will have plenty of shares to buy .... correct.

another £2k. get a "You are about to submit an order to our Dealers which will be dealt "at best" in the market" looks like no shares available.

The link seems to agree with your views from iii : http://www.iii.co.uk/news-opinion/trends-and-targets/trends-and-targets-14062016 The current scenario requires the price to trade above 5.8p to suggest near term growth to 6.5p with secondary 7.75p. Given our secondary 7.75p represents another Higher High, the longer term argument points at 10.5p as a potential before we'd need shake the tea leaves again.

thanks. nice to know that the new shareholders will not just dump these. I just topped up with a 58k yesterday on the dip :) Good luck