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Thankyou for your email. We did not intend to announce this thurs evening – it just happened that way. We do not as yet have a planned announcement date on Akmola. As you may have discerned, it is a 50/50 if it goes ahead or not. Interestingly, some sh’hldrs think we should not proceed anyway, so we may concentrate on underground at current mine. I appreciate the position you and many others are placed in and I know we have a lot of work to do to convince the market that current sentiment to Hambledon is mis-placed. Yours sincerely Charles Zorab
Well with the new tax year and new influx of funds from maturing investments I just Can't help but top up at these prices. Average down abit and eagerly await the next developments.
I have come to a different conclusion to yourself. this is a miner that is producing, we had a placing @3.25 and have come in to problems with completing the acquisition of akmola. i feel that akmola will go through in time and production is going to be ramped up through 2012 right through to 2017. this price offers a great buying price and massive upside. all negativities are now factored in and in my opinion the drop is too much. I have topped up this morning and will continue as funds allow. this is not the start of a downward spiral but the bottom of the fall, with a good rise to come
The Company has been mining from an open pit and operating an 850,000 tonnes per annum treatment plant since 2008. Underground mining at Sekisovskoye began in late 2011 on time and on budget. From a combined production from the underground and open pit mine of approximately 30,000 ounces in 2012 a figure of approximately 100,000 ounces is targeted from the underground mine alone in 2017. Akmola is just the cherry on top which will come in the future no reason for this large drop today i fully expect it to recover over the next few days
plenty of upside from this producing gold miner drop has been overdone and we should see a nice rise back up akmola is just an added benefit which will come just a bit of tactical negotiations by the kazaks,
Price Target Summary Mean Target: 12.05 Median Target: 10.70 High Target: 19.00 Low Target: 7.79 No. of Brokers: 4
This looks like a good buying oppourtunity I thought anywhere below 3 was a great buy in but around 2 is even better think the drop has been overdone
http://www.investegate.co.uk/Article.aspx?id=20120405181300Z1501
mhg should move tues as they have been bashed down in recent weeks with the bad news about pritchards which is 98% sorted and then their admin error regarding the placing of shares. on the plus side the shares subject to the admin error were placed @0.12 so multiples of the current sp. they have alot of shares in issue but had a report done on them valuing them @ circa 0.36 so possibility if you get in @0.04 of multibagging 9x. mhg is high risk but the upside outweighs the risks as they are at there lowest point now and a bottom seems to be forming.
well it will let me buy on svs but @13p lol i think i will wait for now
thanks for the LP. I promise not to mention the ticker for the rest of the day lol.
anyone know what ticker we are on shareprice seems to have changed to not available after working yesterday as pgr. other that that anyone got a live price as im in the dark with shareprice down
pma was trading at around 3p last year and also they had a placing at 3p. the shareprice dropped due to the length of time it took to complete the rto. the rto has now been completed and they have a plan for the future. if anything we are @ 33% of the price pre rto and as such trading massively under where we should be. let them sort the ticker and get this moving and we will realise that price. also take a look at the GECR brokers report from 23march last year they had a 6p target if the rto was successfully completed.
shareprice has listed the new ticker as pgr
svs has sorted the ticker now hopefully its all sorted and we can see another rise
did you post on the wrong share by any chance as this is not going anywhere near 0.50. as soon as all the ticker problems sorted out be up and running nicely. people invested last year in the placing @3p and now CAR have accepted shares @ 3p. GECR gave a brokers target last year with a target of 6p if the rto went through. I will be holding for a long while yet.
svs securities has still not updated the ticker hopefully they can sort it by the beginning of tomorrow. never seen such incompetence from aim regarding ticker change
this is going to be up and down ridiculously till they sort their act out with the ticker think we will be back to finish on a high for the end of the day and open up tomorrow with all this nonsense sorted out. topped up twice today and now gonna just ride it out no funds remaining
think this share will bounce all over the place until they sort the new ticker out. I am happy to just sit here and wait good times ahead. upwards to 3p and above if GECR are right then this is a speculative buy up to 6p, and that was before the completed the rto.