Member Info for emacd

I think the SP is being held up by good times remembered past. the stars are slowly aligning, but it's still far too early. i would want to see what happens this coming summer...

Fxpo clowns bargaining with ukrainian thugs and the cartel state and paying bail, they'll never get that bail money back. keeling over like this is just paving the way for more such "inspections"... expect many more such RNSs. it's the cost of doing business in slavic states :/

i feel this will go sideways for another 18 months or so... looks like shorts have closed their positions and this will bump along sideways until significant news is encountered. the recent uptick has more of a dead cat feel than anything else...as it will be PI driven from here onwards.

It's obvious there are large buyers waiting to pounce. EVR maintaining their own share register is a step in the right direction.

Still a screaming buy regardless of H1 results tomorrow.

"Opinions are like a**holes; everybody has one"

What does the below statement mean? What is this $8B referring to? Is it the cost of the demerger to EVR?

"EVRAZ does not currently have sufficient distributable reserves to make the in specie distribution of all of its RASP shares and therefore to effect the Demerger. As an interim step, the EVRAZ Board proposes to capitalise the sum of US$8,200,000,000 currently standing to the credit of EVRAZ's profit and loss reserve by way of issuing certain capital reduction shares (the "Capital Reduction Shares"), and subsequently to reduce the Company's share capital by cancelling the Capital Reduction Shares, so as to create sufficient distributable reserves to effect the Demerger (the "Capital Reduction")."

FU MMs! I've bet the house. You can pry these shares from my cold dead (homeless) hands!

This dead cat is a porcupine of knives...

Can one draw conclusions between the other suspensions and this one though? EVR only lists on LSE. Retail shuddering at prospect of illiquidity...

Strong support at ~50p. I would have loved to have seen the tricks on L2 for this one.

Not really good at those. Don't have L2, a worked sell reported late? Only reason for the SP drifting lower i think.

read of these RNSs. Not invested and don't intend to until AMA are back to producing (or just before). I personally feel their current MC is a little too rich. Given how far they are from production they should only be a fraction of their internally estimated NPV - right now they are a large fraction - probably because they are a good take-over target. I see a CNR style drift at these levels for now. Cashburn rate is more first world than third world, but they are attracting big money at good prices so that's good ...would like to see them a little leaner than this. The recent 14p entry would have been good, but I can't shake the feeling that that opportunity will come again (multiple times) before AMA are producing (even with the imminent POG re-rate). Just my 2p.

like we in for a very good rally in Gold just in time for the ramp up in UG mine production. Should alleviate funding requirements - can only go up from here.

so GBGR now have exclusive rights to ~13M oz of Au. POG helping, but everybody waiting what happens with fundraising (this year)?

down the line. this one is truly diabolical. last few beeps on monitor as they bleed the cash dry and hand the rest over to Vitol for a penny (if that) lol

one of the Assay's finest investments and I think it shows in the news flow, i.e. none xD at what SP would it be a buy to have to wait an eternity for something to materialize? Current capital outlays insurmountable - effectively killed this project.

for a small punt. I really should open a CFD account - this one is a yo-yo! :)

set of results, £8 is fair value. II's pushed that up v quickly. back to slowly slowly now.

highs hit everyday, no sign of froth or letup in sight. let's see what the market thinks when SHB hit the psychological £8.

Yes the move has and will be seen in a positive light. Nice to see it moving back to the 3 - 3.5p range. Let's see what December holds in store. Remember that although they bought a controlling stake in HMB at 2p they did effectively finance this with a converted 3p loan. This is a buy anything at or below 3p IMO. Was surprising to see it drop to 2.20p recently, although a (very) delayed CPR is perhaps a justifiable cause.

interesting turn of events... premature? cheaper finance? pre-requisite to list elsewhere? were they so dumb-founded by the anti-climatic effect the CPR had on the SP, they had a fuk-this-**** moment? hehe

USD 70M estimated earnings next year. IRR 64% 2015 the year for GBGR - i see this re-rating, but I think it will happen in the space of a few days. A sustained movement in POG back to fair value ($1500) which should happen end of next year will make big smiles all round. Happy to hold for now.