Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
What is the likely average % recovery? 90%? 90% of a lot of money is still a lot of money!
Just curious - when GGP was beginning to look good options were not held tightly. Perhaps it was just for pocket money?
Heddle has sold 6,250,000 shares (net) for 5,750 pounds since 23 July
Callum has sold 5,250,000 shares (net) for 1,750 pounds since 01 July
Strong buy - but not at the marked price! Someone on another board said that for a moment he thought it was Christmas! The trouble is it's now Boxing Day, the day when you find those fancy new socks don't fit...
Not off topic. It was a question!
Best estimates regarding share price range when (not if!) Namib is a producing mine, anyone?
I, for one, hope for much more than the "new" exit price proposed in the video in March, for the value of our assets if we survive will surely exceed 1.8p, although the previous estimate of 10p is way over the top at the current price of oil. Anyway, a minimum exit price of 1p would help to soothe my wife, if not me, so cheer up: there's only another 400% to go.
For a moment my heart missed a beat:: CPR - cardiopulmonary resuscitation
rivaldo, I must have been dreaming! Tom Winnifrith did indeed tip LRM but on 4 January 2014 (sic), as I have indicated. However, the tip that I should have reported for the 4 January 2015 (sic) was this: Stocks to Watch:...Lombard Risk Management PLC... by Jerad Winslet Jan 4, 2015 at <http://www.winstonview.com/stocks-to-watch-pz-cussons-plc-lombard-risk-management-plc-homeserve-plc/37447/> "Investors in Lombard Risk Management PLC (LON:LRM) witnessed an appreciation in the value of their holding as the shares posted gains of 2.86% or 0.375 points in todays session. The shares which opened the session at 13.125 remained mostly up before concluding the day at 13.3025. The stock price hit a high of 13.6975 and a low of 13.25 while the volume increased to 220,400 shares. The previous session for the counter had ended at 13.125. From the technical domain, the 30-day simple moving average of 13.10 and the 60-day simple moving average of 12.97 hold tremendous value for the near-term participants. The trading currency is in GBp."
rivaldo, this is the reference to Tom Winnifrith's tip that you requested: http://tomwinnifrith.com/articles/4242/2014-tip-of-the-year-number-3-lombard-risk-management-at-a-135p-offer The headline text reads '2014 Tip of the year Number 3 – Lombard Risk Management at a 13.5p offer Saturday 4 January 2014' and is followed by 'Share this article with your comrades in revolutionary capitalism" :-) I apologise for my slow response - I had to search to find the article again!
LRM was tipped by Tom Winnifroth at the end of last week, so I wonder for how long the step-change in share price will hold. Still, I am a natural optimist...
I am ashamed to say I have capitulated. 2 or 3 years with a potentially large profit vs only 56% profit now? But certainty has won out against having funds tied up as dead money. 56% net profit after all expenses? Wonderful, you might say - until you realise that I am talking about a total investment that would make UKP 1,000 look like wealth beyond my wildest dreams... Good luck to all those with more courage than my conviction!
"Bullabulling Shareholders who do not accept the Offer prior to the Closing Date may be left as minority shareholders in a company over which Norton has control" - I don't wish to be sarcastic, and certainly not to BuchUK since I refer only to the URL he kindly supplied, but I cannot help but wonder in what ways I have had any control over my Bullabulling shares under the present, soon-to-be-defunct, management.
Seems to me that if there is no compulsory purchase of the outstanding shares, i.e., if Norton does not acquire 90% of Bullabulling listed shares, the remaining shares will rank pari passu with the N% of shares acquired by Norton. Would Norton really want to do anything that would reduce the value in the private (delisted) marketplace of its own, newly-purchased shares? Methinks not. Although it is an open question, I intend to go along for the ride (while hoping that the 7 Acents offer (threat!) cannot be invoked...
Well, it's not over until the fat lady sings - she's already taken a deep breath, though. Averaged down to a little way below the final offer price but I'll have to park my order for a Lamborghini for a while...
Am cogitating. Might buy in after a dip. Mark Slater bought in...
Now that LMT and Medtronic have kissed and made up, the move to Nasdaq should make it much easier for Medtronic or any other US-based company to buy out LMT lock, stock and barrel. Incidentally, Barclays requires that an international trading account be opened before they can hold the Nasdaq-listed shares.
I do not seem to have seen any significant news recently regarding the hefty fine incurred in respect of the "minor" tailings dam leak that polluted a nearby waterway and nearly sank HMB. Have I missed something - or is recovery of some or all of the fine already paid generally considered to be a lost cause?