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The fact that it is so quiet here means that the GM went well and the shareholders that attended were not impressed. they must have all voted "No". I think this is the end for AFPO. Lets see what CC does next.
and still no Nomad.
I predict that for 3 months there will be some growth and then BOOM! reality sets in as we return to 3.00-4.00 levels. By the end of 2017 confidence restored. "the trend is high"
so if you have AIM shares, are these going to be suspended till further notice or can they be traded in ISDX?
Sorry about your loss... no more words from me. learnt my lesson.
Nice try andy, I see you are still here waiting for some news with the rest of us :-)
Dave - O ye of little faith! and yet, you are here watching this stock - me thinks you will be buying AFPO if CC gets a NOMAD. *1 Word *first part of word sounds like fresh water animal in Africa. *Last part of the word rhymes with Crete
MR, everyone on aim is a gambler (oops should have said trader).
Just to let you know that AFPO mentioned that the delay in securing a NOMAD has to do with vetting process being time consuming and they mentioned that international directors searches can take up to a month - not sure what that means. They also confirmed to me that the GM will go ahead irrespective of the appointment of a new NOMAD or otherwise. This info is not intended to encourage anyone to hold, just putting this out there FYI. I have a small stake in here and I plan to wait it out. Don't mind losing a bit here.
Looks like we are going to dilute the shares and have a new name :-) who's going to be buying next week?
there are a few of us AIMforprofit. A few factors that give me hope: 1. Name change, why bother. MNG must be sure they can make it work 2. AUE raised US$76 million via an equity fundraising and Shaeholders meeting - they are not going to ask for a vote to approve raised funds without convincing stats and a good plan. 4. Operation cost are high - good reasons given...these will fall with time as the company becomes more efficient. 5. Company received an extension until December 14, 2016 to its default waiver...why extend he life of a dying horse? 6. Mines are in operation. 7. Ebola is gone. 8. MLME provisional approval to mine in Liberia is now full approval. 9. Orders having placed for two additional PSA oxygen plants in 2017 Q1 - why do this if its all over??? I'll stop there.
Everyone is so negative and sure that MNG have a sinister plan to scoop up this company on the cheap...some have bailed and some are too deep to even consider that. So we all wait for the vote at the end of this month. What will it be, how will it all end? I think I'll be a little bit better off, but that's just me...this horse has the potential to flip over and die but if it lives on, it will be a great golden horse to behold.
Why do some of you guys post info that is freely available on "Recent Share Trades for Aureus Mining (AUE)" section of this page. Is it just me or is this clutter.
I agree, but you must admit, here is a risk here that we all should be aware of. They did not mention it just for fun:-)
for anyone wants to jump in now, please note this statement from MNGs presentation - slide 10. MNG Gold are in discussion with the Company’s lenders to potentially provide a corporate guarantee in exchange for re-sculpting of debt repayments and relaxation of loan covenants. <b>Should these negotiations not result in an amendment to the terms of the Company’s project finance facilities then, notwithstanding the Fundraise, the Company may be in breach of certain covenants once covenant testing recommences</b> In other words, "Death cometh unexpectedly". "You could lose everything you put in. Just thought I should make this comment :-) best of luck.
RNS was good news. Looks like this company still has life and now there is even a plan and forecast output for 2017. Yes shares are dilute but I recon that in a few months the price will begin to edge up - that is if AUE do not default on their debt. Change of name may be a blessing in disguise - 'Aureus Mining' leaves a bad test in investors mouths at the moment. MNG appear to be determined to get this dying horse back on its feet. Wish I could attend the shareholders meeting.
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If we don't moan, we wont have anything else to do. It's just so quiet right now - best thing to do is drive ourselves crazy with morbid, fatalistic twitter twatter.