Member Info for FlactulanceMan

Thanks for the posts.....Sit and wait then! Until the iron ore is realised then it'll take off by all accounts.

Could you send the link for the news? Cheers F

Interesting read. Do you know what the JV split is as %'s with Severstal? 50:50? 60:40? 210 eh? Encouraging statement. Want to try and see if we can gauge when it might break the current resistance level. When did they start reporting the increase?

Not sure.......It seems to be more of a political piece rather than industry news to me, but I am no expert on these matters. However, if it is then yes looks like positivity re Putu. Let's hope so, we need news to keep this pecker from drooping to far! Cheers for the post C F

I agree with Chrisc32, shorters surely can't be thinking they're gonna get gains here?!

That comment will depend on the trading statement - I do hope you're right! I need a 11% increase, on top of todays gains just to get back to my buy-in level! I really thought the recent good news would have moved this back up sooner to be honest. I think the general state of the markets may have restricted it somewhat. Hope fully soon it will push up. Anyone any insights into the next steps? What happened to the new FTSE step up? GL

de-ramp elsewhere would you! the markets are hard enough without negative commetns like this! Where are your fact s to back up your comments? The Rns news over the past 3-4 Months in my opinion justifies the price, and a future profit, that's why I invested. GL all

Do you have a link to the RNS on Nkout?

2p or not 2p - Results of further finds due soon, personally I thought these were due by end of June, but it could be by end of July, DYOR on that point. Positive about this one, great management in place, institutional investors with big investments involved, some intersting partnerships in other speculative areas too add to the excitement and possibilities! I will settle for my sell taregt is 1.60

They were almost at my buy price too....will wait now to see what happens........ Hambleden Mining looking good.....

was just offered 1106 shares at 89p. Looking at the graph history, the SP appears to retrace circa 10% after a new high. I'm looking to get in if I can at 87.

I should have a rant more often as it seems to work! Now keep up the momentum and get a second distribution going Dragon and we'll be happy investors!

Right DGO wtf is going on? There were reports in the market place move up the FTSE ladder and now that has all gone quiet and the share is now in a steady decline. Anyone want to throw some light on this issue? GL

Following AndrewYorkshires question below is quite a tricky one. If the Directors bought the assets then the value of business would decrease and therefore the loan to value Loan to value would increase , which could put the loan into the hands of the bank, which is not good! However, if the proceeds of the sales was used to renegotiate the terms of the facility that would be a good option as they (I poresume) are borrowing at fixed rate (?) and thus if its long term and fairly old, pretty expensive at the moment. Any negotiation on reducing loan balances with a reduced interest rate would be good. However, the flipside obviously is that the value of assets remaining will reduce the Financials and thus have a relative effect on the value of the company. They will have to run the models on the scenarios to see how this affects the P&L. Of course I don't know the loan structure, nor the proposed structure of purchase of the assets and the resulting proceeds, so this is all high level and hypothetical, but tis could be a long term strategy worth considering by the board. Short termers will bail as it will affect the SP, but long termers hold on to your hats and go for the ride! GL to all you LGNG'ers

If we're resorting to tips being burted out from drunken comedians on the telly, we are truly clutching at straws for an insight to the recovery of our economy!

Other than the announcement in the FT last week, anymore news on the new listing anyone? Anyone want to stick their neck out and predict a price if it does move up a league?

Slammed my money into TRP when this was at around 50p! Shold have gone here instead, congrats to you long termers here and GL all!

I'm wondering why on such good RNS news there has only been a volume of 31K? That doesn't make sense to me. Can anyone enlighten me?

I made the school boy error of reading ramping posts and not doing my research resulting in nasty loss...........>>DYOR>>>

Why isn't the share price moving? Is it because it is not yet a contractually binding agreement?