Member Info for leapfrog

I see you recognise yourself then vx still shouting you know best, you are such a sour individual. Yep consolidation was always on the cards only a naive investor would not expect that to happen with the number of shares in issue~ will it be successful ?We can only guess at this stage with the huge resources at its disposal it should be ~ time will tell.

His invests have all turned to dust by the look of it or put another way are all a POS.Says a lot for risk management abilities and expectations. Obviously not invested. Here there is not a lot to lose at 0.14p with a 2 pip spread. Any decent news will move the sp to .17/.20 region ~excellent news a lot further than .17/.20. Poor news then .09/.12p which considering the resources in my view will make a bargain entry price but then each to his own opinion. Just a waiting game.

Don't think anything has gone wrong, just the vagaries of the stock market,sp moved up to 245+ and back down to 235 as of now yet the index is up 93+ points. LLOY does the same but the movement is on a smaller scale I bought in at 53p and sold at 59+p waiting for that to drop to around 52/53p(now 56p) before stepping back in although this time I think it may go lower when looking at the surrounding news concerning Banks,so waiting to see where the sp goes. Another one with the misnomer Curtis Bank is worth a look for a longer term gain as it sorts out its recent acquisition so a trading stock but with STH potential for serious gains. DO not take my word for it so check it out.

Maybe it is a price which is on its way.;-0

Sp has had a very good run so I am expecting it to drop back over the next couple of weeks or so.Bought in at 169. as a trade and sold at 237.so a healthy profit. If the price does fall back a little more I will step in again viewing it as a straight forward trading situation. If not I will just buy in when appropriate and sit to hold short term~no tax as it is a good ISA stock.

No you paid ~ 0.149p not 1.49p the first o.149 equates to £1490. per million shares ~the second 1.45p equates to £14,500 per million shares.

In retail terms a monster when it gets into its stride ~ yet that is not all the available resources~we have access to more than 801 square kilometres of prospective mineral bearing property. We do not yet know the full picture of how NMG will move forward to exploit its situation.

Would be good to see 1.45p based on the known resources~ plus still be very cheap with a mktcap circa £100million first lets get into production.

No I do not expect production until Q1 2017~ Although I could be wrong and Q3 or Q4 2016 production may happen From NOV., 2015 RNS~ The Project has combined, drill defined, non-JORC C1, C2 & P1 Soviet Resources of 980,000 tonnes of contained copper; 6.6 million ounces of gold(now approx., 7.1 million) and 22 million ounces of silver.etc., If more gold is found approaching the 10 million ounce region NMG has one of the very if not a major gold finds in the last two years~should make the sp hot foot it upstairs if that happened. The soviet definition is similar to JORC in some ways. JORC is the international standard for valuing resources as a commodity for bank lending ~ back in the 60s and 70s Russia miners found external finance cheaper so started to use JORC definitions for bank valuations. Assumptions made

Add to your assessment.~all logistics within a 10 mile radius.~makes for cheaper transportation cost in time and energy expenditure. Plus I think you have seriously under stated the resources known to be in place.~ now 7.1 million ounces of gold. 22 million ounces of silver and huge copper resources plus other minerals. To get to the copper the gold has to extracted first as it above the copper bearing ore on that basis we might have two resource production lines in place at the same time. Assumptions made. The above is why I think the share price of NMG is for nothing at less than a fifth of a penny.

Bought in at 155p on the basis of available information and the number of shares in issue,a reasonable number of 345 million so expecting the sp to eventually rise towards pre brexit prices.

A production announcement should catapult the sp forward,the further the better.In any event a well received RNS will lift the sp from the doldrums. Good times ahead for those invested.

Price appears to be slowing its fall ,269p to buy, still a big spread. Sp has fallen dramatically from brexit at 410p till now. So assuming the BOD get their future logistics with regard to integration and cost savings correct then the sp should start to recover towards its old high fairly soon especially with the limited number of sure in issue.

270p to sell and 285p to buy a drop of 47.5p this morning.despite LSE showing the price as 325p. That is a huge drop added to an unforgiving spread especially for a bank. Why the drop ~Salient points from the RNS ~ This growth has required higher staff numbers, principally in middle management and support, as new books of business are taken on and assimilated into the robust processes and procedures already carried out in the Group, and development work is carried out to align books of business and deliver operational efficiencies. This obviously takes time and effort before improvements are delivered but despite this I am pleased to report that operating margins remain healthy despite the reduction in margin as a result of these additional costs. We are currently reviewing operating systems for the Group to ensure the optimum system is in place to deliver greater efficiencies and continue to provide the high service levels needed. A thorough cost benefit analysis is being undertaken and decisions on the optimum system will be made in the second half of this year. Appears to be incorrect management identification of requirements for new business integration with the subsequent overrun of budgeted costs especially with the statement suggestion systems development decisions have not been completed so their will be more and longer cost and time overruns and the suggested completion will be pushed further back into 2017. The RNS states 'in the second half of this year'~the management may not have noticed we are well on the way to Q4 Such silly little errors do not inspire confidence for the fine detail needed in management system changes to get it right second time! If the above assumptions are correct the sp will drift off back to its recent lows.

No difficulty in by or selling a million shares and the buy price was .16 a few minutes ago. NMG known resources are undervalued by a large margin so as they are more defined the sp should move forward. Production news will certainly boost the sp to at least double if not treble+ the current price. Assumptions made.

Last time I did not like the quality of some of the loan books but I liked the number of shares in issue. Last figures were good and brexit had little effect.So expecting a set of decent numbers despite reservations over past dealings with third party loan books which may set off bad loans even though I think they were well covered for default There is also a remote possibility of a bigger fish taking an interest here.

Dividends give a firmer value to the sp,it may well drop on a divi announcement but the announcement itself gives strength to the sp so it usually recovers.

Assuming business growth continues without mishap then the subject of dividends should come to the fore.for both SHAW and ALD

Agree its a no brainer considering the resource base of some 7.1 million ounces of gold 22 million ounces of silver and well over a million tons of copper but then there are some some brainless comments. Personally think the pps at less than an eighth of a penny is a no brainer and thats taking account of the risks involved. Each to his own.

If the sp goes towards .10 again as a LTH knowing the risks involved with NMG it will be tempting to add to holdings purely on news play concerning the resource base~any production information will be a bonus. I cannot understand the apparent angst shown by some over the day to day movement in the sp~No news means a boring sp so until they release news which is seen as positive little will happen.