Don’t worry eyeguy I’ve got a rampy post for you...
KDNC has a % of the $6 billion in ground value of gold- mcap £1.2 bill. Amapa in ground value is $27 billion. Capex costs of $160 mill could be met by iron ore shipments.Life of mine revenues from Amapa are $10 billion. Mcap £20 million. Go figure
How’s that?
Esc - I’m looking forward to the next leg up but not sure it will be within the next 2 weeks as that would be bang in the middle of Xmas and new year
Jan looks good though with CES, Qualcomm and other things happening - if I recall Jan this year was quite good before all going t I t s up because of covid.
Chill out Kitkat
Google is saying up 16%! Why?
Ramp from one person. No surprises
Clearly people aren’t listening otherwise this would be over 20p by now given it’s going to go ballistic and sail past 50p on news.
It’s either they are not listening or they are but they just don’t believe it’s going to happen. After all it’s over a year late now from the first proposed shipping date, so how can you believe Kieran let alone a ramper on Twatter.
Yes also bought in during 2014 and then some more I think around 2017-18 - can’t really remember.
I do know the most important thing though and that’s my average which is £1.31
Not sure what I am going to do if it gets there, probably sell out and think myself lucky I got my money back. I was definitely concerned in March when it dropped to around 15p
Some news tomorrow would be nice which results in a 25% increase :)
A deal with an international pharmaceutical business operating out of Singapore perhaps, after all it was back on the 24th sept that this was muted in an RNS. Nearly 3 months have passed since then - perhaps the deal has been signed.
Is this increase due to last weeks update or a possible leak about some imminent news I wonder?
Well with only 11 more working days until Xmas Eve, there is not long left to get that all important RNS to hit some of these guesses below. Yes I know it's the price on 31st Dec, but lets be honest nothing is going to happen from the 18th when everyone starts switching off for Xmas. Actually the legal teams sorting these negotiations have probably already finished.
Sorry to keep a balance I must add, "of course an RNS could drop any day now or even today" :)
Price at close on 31st Dec:
Strummer - 1.2 GBP
Deepbreath - £1
Isb - 15p (no news on Amapa 20% before xmas with one more tree shake and a steady rise back to 15p)
Maddog - £5
Dickpullar - 63.5p
Cbax - 95p
Genghis15 - 30p
Deepete - 28.75p
TheITCrowd - 25p
MyLastQuid - 8p
The Reverand - 26p
Daceon - 63p
Mr James - 1.015 euros
Cause - 50p with year high of 70p
Kievsky - 45p
Nookie - 30p with a 2 day high at 48p
Cmsammy - 25p with a spike of 55p on 20% news
Masterbaker - £4.76 plus nectar points
Ericthered - 98p plus 500 green shield stamps plus 500 Embassy coupons. I've been here a long time folks!
Bobbybullet - 43.34p
Makemorekoney - 51p
HedgeHogarth - "temporary suspension"
Legalease - 99p
Hawkspear - 86p
MerMillions - 41p
Majorboy - 21p
Can someone explain to me why the banks haven’t retracted this appeal if they have agreed settlement terms?
Is it just to ensure no shipping takes place whilst the contract actually gets signed or is it because they have no intention of signing the contracts until they re-negotiate something they have decided they are not happy with?
If contracts were almost done surely they would withdraw the appeal.
I can’t believe the SP is effected by anything that is written on here.
If it is then the derampers are clearly doing a better job than the rampers as the share price is going down.
If that is the case then come on rampers - ramp like f**k and get this SP to £1 ... oh wait a minute you have been
To be honest even making decisions based on what CEO's state in RNS's is also just basing your investment decision on a CEO's guess, and usually unsubstantiated positivity.
This is what they said in an RNS in August 2019, yes a full 15 months ago! how can they get timescales so wrong?
According to this we should be in full scale production in 12 months time. Will they ever deliver?
·; The sale of approximately of 1.39 million tonnes ("Mt") of stockpiles currently held at the port owned by Amapá. Planned shipment of stockpile commencing in December 2019.
·; It is estimated that these stockpiles have a net realisable value of approximately US$ 60 million, which will be reinvested in the restart of the Amapá Project.
·; Further capital investment of approximately US$168 million, of which it is estimated US$61 million will be spent on port rehabilitation and US$47 million to be spent on plant recommissioning.
·; Rehabilitation to be completed by the end of 2021 with new production in 2022. Full production by 2024 of 5.3 million tonnes ("Mt") of iron ore per annum.
No chance Maddog - they’ll keep tweeting about the rise in iron ore prices and the increase in demand from China, particularly from Brazil - that will stop the SP from going down ...
And then if that doesn’t work they will role out Alan Green again!
Price at close on 31st Dec:
Strummer - 1.2 GBP
Deepbreath - £1
Isb - 15p (no news on Amapa 20% before xmas with one more tree shake and a steady rise back to 15p)
Maddog - £5
Dickpullar - 63.5p
Cbax - 95p
Genghis15 - 30p
Deepete - 28.75p
TheITCrowd - 25p
MyLastQuid - 8p
The Reverand - 26p
Daceon - 63p
Mr James - 1.015 euros
Cause - 50p with year high of 70p
Kievsky - 45p
Nookie - 30p with a 2 day high at 48p
Cmsammy - 25p with a spike of 55p on 20% news
Masterbaker - £4.76 plus nectar points
Ericthered - 98p plus 500 green shield stamps plus 500 Embassy coupons. I've been here a long time folks!
Bobbybullet - 43.34p
Makemorekoney - 51p
HedgeHogarth - "temporary suspension"
Legalease - 99p
Hawkspear - 86p
MerMillions - 41p
Majorboy - 21p
That could be a very good guess Majorboy!
As it's been raised on the board today here is a reminder - shame it's still missing some guesses from the resident experts/rampers - as it's just a bit of fun by all means add your name to the list if you haven't yet had a guess.
Price at close on 31st Dec:
Strummer 1.2 GBP
Deepbreath - £1
Isb - 15p (no news on Amapa 20% before xmas with one more tree shake and a steady rise back to 15p)
Maddog - £5
Dickpullar - 63.5p
Cbax - 95p
Genghis15 - 30p
Deepete - 28.75p
TheITCrowd 25p
MyLastQuid - 8p
The Reverand - 26p
Daceon - 63p
Mr James. 1.015 euros
Cause - 50p with year high of 70p
Kievsky - 45p
Nookie - 30p with a 2 day high at 48p
Cmsammy - 25p with a spike of 55p on 20% news
Masterbaker - £4.76 plus nectar points
19/6p plus 500 green shield stamps plus 500 Embassy coupons. I've been here a long time folks!
Bobbybullet 43.34p
Makemorekoney 51p
HedgeHogarth - "temporary suspension"
Legalease 99p
Hawkspear 86p
MerMillions 41p