In the beginning Tads post were good and worth digesting but now reading them is akin to watching spilt porridge running down a wall and dripping on the floor. Less of the personal attacks pal. We still have freedom of speech.
In the placing and admission to AIM report circa 2006
What happened to the selling assets at an appropriate stage of their development. Maybe its time for the BOD to sell our asset. Surely its worth more than a measly �34 million.
Admission effective and dealings commence in the Ordinary Shares on AIM
15 March 2006
Market capitalisation of the Company on Admission at the
Placing Price �28,967,052
7 March 2018 Market capitalisation �34,100,000
OldReggieBabe
I made the mistake and bought high a common occurrence when I buy AMC. I never sell at a loss no mater how low it goes. I wait and if I can buy cheaper and average down I do. That�s what this game is about about. Not losing money.
I reckon 99% would like to sell out if we could, but most of us are losing big style. Still no road after 9 years and If the asset is really worth �8 billion, how come they cant get a loan to build the road. Surely they could easily get a loan of �200 million using the ore as collateral.
We might as well be studying astrology with this one. An 8.5 billion quid asset. With Nickel prices averaging 50% above last years and a fall in Nickel warehouse stocks. We have a measly Market Cap of 30 million. The SP is very disappointing to say the least.
Iam tempted to buy a load but there doesnt seem to be much enthusiasm. Think I�ll sit like humpty dupty. Good thing is the big sellers are also hesitant.
Tad.
"Buy the rumor, sell the news" if this rumor was with any other company, the SP would be flying but the BOD has dampened this so much. We SH don�t know if we are coming or going.
I actually find Schmuckmeister articulate and entertaining. At this time AMC is certainly no barrel of laughs and at least he breaks the monotony of the serial rampers who in their wisdom believe an SP fall like what has happened here is actually good news. And that big sell earlier of �32k at a miserable 5p, a few more dumps like that, it will not be 3-4p it will be 1-2p.
We better not complain or they will call us de-rampers ive already told shareholders not to sell at a loss but to hold but I really do not like the way this company is being run.
how are they going to pay this money back And the interest rate is huge. Unless we get a TO look forward to another dilution of 225 million shares and next year we might need more money so more dilution. Add in last year June/July Nickel price was $4 a lb and our SP around 6p. Today Nickel is around $6.40 but our SP is 5p. our Nickel is worth 60% more but our SP 15% less. Crazy