George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Best ones are boring ... It'll liven up one day ... Was boring in AMC when I originally bought for less than 1p ... lol
Aye ... So you did ar kid. Great call at the time, hope a few heeded your comments. Where do you see the retrace ending? Can GEM expect a full retrace back to the 46-50p range or do you see any strong support before then? Cheers matey!
Hope everyone banked plenty on the spike ...
The PFS could certainly be a short term trading op and will no doubt bring some decent volume. I'm here for the longer term though as I can see some M&A activity as soon as gold starts to rally and this will be high on a few wish lists IMO. Even if it doesn't get snapped up it's fully funded to the end of 2016. I'm still buying the dips as anything in the 13p-16p range looks cheap to me, but time will tell ...
For the grammar police ... thackers08 That should be 'advice' not 'advise' ... lol
Rfarfa ... You obviously didn't read some of the BB's on LSE before you signed up if you thought it was going to be all useful hints on share trading and discussing fundamentals of the various companies. 90% of posts are irrelevant and if you want to learn I'd advise a training share account for 3 to 4 years coupled with a few hundred hours of research before you invest in any AIM company ... Failing this you are likely to lose unless you are lucky ... With AMA you might have dropped onto one of the better shares of AIM but learn quick when to cut losses and always take profits when they present themselves. My advise as always ... 1. Protect Capital 2. Take profits 3. Don't beleive anything you read on a BB ... Research it for yourself.
The PFS plot thickens ... lol April / May ... Not really relevant if your holding long term but the sooner the better.
Thanks for the info Pompey ... Slight delays are the norm in this game. For newbies ... This isn't a get rich quick AIM'er it's one that's steadily going about its business to eventually start mining the quality find that it discovered. (If it gets bought out in the interim then also fine). Nothing is certain but this is by far one of the better shares on AIM that should provide a steady rise as it nears it's goals over the next 12-24 months.
Fully funded to end of 2016 with no end of huge backers to the project yet the SP slips ... manipulation is afoot and the autobots have been going crazy here today ... Continuing to buy the dips ... :-)) 12-24 month plan for great gains ... Patience for now.
I did predict we'd be back at this level very shortly just a couple of weeks back. Defo manipulated down for the share transfer at 13p ... Hope no-one bailed on the dip. Amara in the mining journal today "Amara confident on Yaoure PFS" but subscription only.
Reaction to the full year results ...just a matter of Ticking off the set goals this year and we should be in a very strong position. If gold rallies this year and next then that's just an added bonus. All good.
http://www.mining.com/apple-buying-a-third-of-worlds-gold-to-meet-demand-for-iwatch-14071/ http://www.mining.com/randgold-considers-acquisitions-amid-gold-mining-industry-crunch/ Could of interesting reports about gold ... Rangold will be keeping a close eye on AMA, no doubt.
Excellent summary ... Question is can they hold onto it that long ... Happy either way! Cheers
Did you expect anything less ... lol
Mining.com "A new report by the World Gold Council that examines the complex relationship between the gold price and the world's reserve currency showed gold prices rise twice as much during weak dollar periods than they fall when the dollar strengthens. Given that many analysts believe the dollar rally may be entering the final stretch, gyrations in the value of the currency could set up the gold price for a period of substantial upside." Be nice to see a steady Gold price rise over the next couple of years as AMA tick all the final boxes.
Now the "Big Boys" have done (for now) let's see where it settles over the next 2-3 weeks. Wouldn't surprise me to be back around the 16p-17p zone fairly shortly.
With the late reported trade today ... If they are all flipped shares from one ii to another we will have to see a holdings RNS shortly as this is circa 3.5% of the share capital. Interested to see who's reducing and who's buying ... Whichever it seems likely that the share has been walked down to accommodate this transaction so I'm expecting a move back up from here ... Thanks for the info red ... Earthling ... Sorry missed your post, was following the action over at AMC this week.
Hi earthling .. My timing could have been better for the heads up ... lol The worm will turn though as the asset is right up there with some of the best.
Yep ... Don't mind quiet boards as short term traders aren't interested in the share. The resource is clearly economical and will get mined ... I dare say I'll not be here for that moment as my targets are set and hopefully will be achieved in the next 12-24 months when I'll take some profits and move on. Not sure there's much better out there that's proved to this extent with further upside potential ... Oversubscribed placings for £14m are not the norm in AIM at the mo. And certainly not in the resource sector ... Shows that II's are fully behind the business and will have known about any legal issues prior to this. I think this may be getting short sold whilst we're in a quiet period but I don't expect the price to be below 20p by year end ... Happy to sit this one out for a good while yet.
To be had here like some of the more volatile AIM miners ... Just a steady rise from here on in IMO ... Will be taking some out at 20p - 25p - 30p over the next 12 months ... Hopefully!