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has surpassed gold today in price per Oz
is down $18 on the day so far,Pd is down $15.This is likely weighing on SP as well.
the tungsten that you are dreaming of extracting from Molihill,it ain't gonna happen as long as Mick Billing is running the show.he has managed to earn a good living off diluting the shareholders to hell.he has a long way to go until this share reaches 0.1p
this is presentation from Norilsk Nickel.key auto trends are interesting.
https://www.nornickel.com/upload/iblock/f65/Norilsk_Nickel_2017_Final.pdf
These crooks and their band brothers would have made hundereds of millions in AIM market by means of spread manipulation alone.any followup investigation by FCA and other agencies to bring the general AIM working under scrutiny will be a welcome sign
what happened to Molihill Tungsten project.This guy mick billing has been looting investors of their hard earned cash for years and none of his projects have come to fruition.be ware this guy will never be able to deliver a single project.i lost a fortune in this share
I think the Ukraine Crisis is taking its toll on FML, as with POG which also has debt.Sberbank which is russia's largest bank is facing sanctions.there may be investor worries that FML will also face tough lending rules and loan restructuring /extensions will be difficult to achieve going forward as Russian banks face shortage of dollars.
No Luck with 300k buy at full ask 0.95 for last half hour.just figured now ask is 1p
Don't expect a big Breakthrough but still holding this dog as we may see meaningful progress in coming months and years and FML finally figure how to manage operational and finance issues.
the new man adam taken onborad seems to know the stuff and has been brought forward to communicate with market.i would say the communication is becoming transparent though it seems the BOD are hiding behind him.so would hold my nerves as invested here since last 4 yrs and price is not too far from historical lows.selling at these prices is meaningless for me.this may come good in couple of yrs time but people who couldn't afford to have money tied or their risk profile didn't allow have bailed.not to be blamed but every dog has his day.i'm being patient
Ive spoken to sandy in nomad and raised investor concerns that bod should be very clear when releasing news
i'll speak to Nomad Libertas Capital later in the day to find out what's going on.maybe bad production figures or funding crisis or maybe company being taken private who knows with as much dubious comms the bod have
Unfortunately the BOD are least concerned about delivering share holder value for what it is worth.unless there's a shakeup and a good forthcoming CEO comes on board there's little likelihood of this breaking the 2-3P range.we haven't heard on Baitmir,the winter arrangements are still unknown .how is south benkala production planned to come online (sulphide ore) and copper prices are subdued for foreseeable future.on the positives,Erlans advisory role may support the company indirectly and there's plenty of resource in the ground. IMO The market is currently discounting the production as its discontinuous and will hardly help keep the company running.For people not willing to tie up funds here there are lot of exciting opportunities elsewhere in AIM, been here since 2010 and just hope there may be some turnaround someday for good,so good that today's prices will look ridiculous ,just a wishful thinking
hopefully the 2.4P major support holds.if closes below then expect sub-2p before in not too distant future.
All i can think is this speculative move may have something to do with awaited Baitemir results. Halyk report says Quote :The company is currently completing its exploration program and expects to announce commercial discovery soon. Baitemir may contain significant by-product metals, and thus may have lower net operating costs.
looks a bit supported now.last topped Up 1.95.Still keeping powder dry for another opportunity below 2P.Waiting for more organic news from multiple fronts in a few months time.
yes.its all hope they sort the issues now on emergent basis.the stakes are high for directors as well,its only that they thought the market will always welcome whatever they present to them.they will already have learnt their lesson the hard way .if they don't keep their promises they will be punished by investors.i'm still thinking what they're gonna make of 1500t solution.are they still able to produce the copper sheets.i don't have answer to those questions so i'll stick to 700t
yesterday @2.39P.will wait for 2P to top up again. IMO The company may come good in next couple of years.lots of people who can't afford their funds tied are bailing but i have plenty of spare cash.Management has a long way to go.i'm disapppointed with Haylk report however i do have a gut feeling there's going to be change in management whereby they have to bring more experienced people on board to run the operations smoothly.price will remain subdued until end next quarter IMO.DYOR and decide whether or not your willing to take this risk as i write
Trade balance October 2012 +$32B.Imports are still subdued.Copper inventory 880k tonnes in shanghai warehouses.copper imports 322k tonnes for october,a 15 month low,IMO in process of finding a bottom.green shoots are showing up , tentative signs of recovery.more pickup in industrial production will cause inventories to deplete and china will be once again on the lookout for stockpiling the commodities.this should also reflect as rise in imports figures in coming months.fingers crossed