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Quick maths…..the 191mt @ $8000/tn and at 0.22% copper with a 4% NPV and $1.2 USD on the forex is still worth c.£100m. Over x3 the mcap today. So whilst not the immediate ten bagger everyone’s been hoping for still a good resource. And that’s without the deeper lowers quality that CB says it could be extended to and without ascot. As said below, we’ll see what the market thinks shortly
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would also like the Telegram group please, could you pm it?
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yup, me. buying back some i sold out.
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That 5m sale was me. Just moving cash to take advantage of other things, xtr being one of them. Still hold 3m.
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long term holder, first time poster on ECR. First post for a long time generally in fact. Been in since Craig came on board having first noticed them just prior to the massive consolidation. Finally it's all getting very exciting. Creswick with est.15m oz. Let's take a very conservative NPV @ 2.5% and a conservative gold value of $1500 USD. That is still a value of £430m GBP, or x35 the current market cap . That's just Creswick. Exciting times. Do I have the balls to hold up to a share price of 70p? probably not./ but i certainly won't be selling out under 15p
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quite right, Myosotis. I'm wondering how much that has been factored in to the current price. THere has to be some gain today as guesses are proved right but it may not be quite the metoeric rise we wish for. Quite possibly more of a steady slow burner through to the first dividend issue
yes, a great interim announcement and also nice news about paying dividends. I sold up the remaining lloyds i was holding (at a fair loss i must say) the other day to put them in to APH. Very glad I did now. much more chance of this doing well that the moribund, governement controlled train-wreck that is the LBG.
I wouldn't like to speculate on sp untyil the intermin report is in, as Myosotis has said. that will hopefully give some indication of sales, investments/R&D, lower interest rates on debt and cash-in-bank. But from investors who've bought in, bits and pieces that we heard in early Feb and the slow but steady increase I think this is a good investment. I also think 10p is quite reasonable, though I would love to see higher of course!
yup, I'm holding & watching this. Hoping that the profits last year, early repayment on some debt and upcoming tax rebate will bode well. Combined with re-focus of attention on generics will see good gains come the 18th. If not earlier. I'm hoping these steady, small increaes are indicative of expected good annoucement. We will see........
For Immediate Release 3 March 2009 ALLIANCE PHARMA PLC ("Alliance Pharma" or "the Company") MVM partner appointed to Alliance Pharma Board Alliance Pharma plc (AIM: APH), the speciality pharmaceutical company, is pleased to announce that Thomas Theodore Casdagli, a partner of MVM Life Science Partners LLP ("MVM"), has today been appointed to the Board of the Company. On 27 February 2009 MVM acquired a 9.3% shareholding in Alliance Pharma. The relationship with MVM going forward will include the potential for MVM to lead equity fundraisings for any future product acquisitions undertaken by Alliance Pharma.
spoke to broker just now about these. he called crapita for me. Closing date is 19th Dec. but they think it's very likely they'll get less than the 50% limit which means offer will be extended. he said if they get 90% or over then it'll go through. 50-89.99% and shareholders will become minority shareholders, so we keep the ADSL shares, which could be a problem for selling. Under 50% and the offer will be extended, probably for one month.
thanks, Steamer