Member Info for lemmink

Thanks for your reply, I am a little surprised that your views about the agency problem seem even more intolerant than mine. I believe low share prices and liquidity levels are the markets main if not only real defense against governance fears, but these still need to be wieghed against results... From an ideological (and buyers) perspective it would be quite satisfying to see a sub 30p share price again.

Order (expires 31/03/16) set to buy 5k @ 40p ... Management + staff were given options over shares at 28.5p a couple of years ago ... I do not approve! ... Does anyone else have an opinion about the use of options in this situation?

Bought 10k @ 41p ... holding 155k

Bought 20k @ 41.5p ... Holding 145k + order set to buy 5k @ 40p (expires today)

Hi Blue, Glad I managed to make one reasonably sensible looking move today, Regards L Hello granto, Thank you for your posts over the last few months they were worth reading, all the best.

Sold at 37.55p each... Balance sheet equity fig looked low + I wanted some cash back in my dealing account GL

Hi Blue, holding 20k of these might be breaking even or even up a little here! been an awesome week for LMI ... sitting on hands. GL ... nice chart by the way, is it a bullish one?

wasn't me

Sold 5k @ 9.75p ... tidying up

Bought 15k @ 21.975 p each ... holding 20k ... other miners looking like being in solid uptrend ... pretty much run out of cash now ... very weak buy

might buy a little more at 35p unless LMI starts to motor.

Hi, you thinking of adding more? ;o) ... A dividend hike to 2.5 or 3p might help the sp a bit ?...

Bought 15k @ 41.5 p ... Holding 125k

Thanks for your reply... its a bit of a frustrating current situation with the miners looking like they might be at the bottom of the cycle, with prices rallying etc and yet shorters adding to positions and most of the mining companies are well in debt ... bloody Lonmin lol

Happy new year, interesting start ... Apart from Ntbr I'm pretty much sat in cash, mining stocks looking interesting, but thinking stand off for six months?? V diff to call the global situation with any confidence ... Are you paying much attention to resource stocks and the macro scene etc?

Devil and deep blue sea imo ... Woof woof

Bought 10k at 49p ish quite a while ago ... was trying to churn a few into my ISA ... Holding 110k and seem to be stuck with them ... current SP is interesting, but the commodities crunch may be creating deeper value opportunities elsewhere?

The big miners are all carrying a lot of debt too ... GLEN, BLT, RIO, AAL, VED ... VALE? ... others ?? . Am I the last one to notice? and is it nearly over or just starting??!

Anyone got a decent Iron Prices link? ... not the Curry's one please!!

FXPO is producing more iron but will this translate to bigger or smaller losses (or profits) in the short term, ie will it lead to increased or reduced pressure on credit terms and requirements? ... current iron prices? ... selling more at a loss??!