Member Info for sjbrum

Great vote of confidence there!! All to play for still here... Actual Spread is 3.63 - 3.75 so tick up inevitable I feel. Can not buy more than 10,000 without having to go through Negotiated trade yet will happily let you sell!! Sound familiar!!

More buys at full ask... Think we are only just about trading on the cash in the bank now!!

3.5 - 3.75!!!

Another tick up... MM's happy to soak up sells @ 3.35 but won't let you but in anything over 10-15000 shares without going to a negotiated trade!!

Here's hoping!! 3.5p being paid (although they are only letting small trades through) so maybe another tick up v soon...

Yes I am doing the same!! Only one other on AIM though I could see but AME is not listed on their investment portfolio so they maye have numerous more....

Lol Just put a dummy buy of 50000 in and they wouldn't have it!! Negotiated trade! WIll happily sell at 3.21p

I thought when I bought in yesterday my 6p target may take a few months!! At this rate it may be days!!

Nice few buys this morning! Anything like yesterday will be nice... Only just looked at these and they are up already 3-3.5p My attention had drifted as I have bought some LOGP this morning with their 3x reserves upgrade in the Celtic sea. Nice Mid term hold as I would imagine that will be out the ground sooner rather than later...

It may have been a gamble at 6p or even 15p as you say when it was tipped.... But at 3p there is very little risk IMO... cash in hand is higher than the Market cap at these levels. PRAE are in it to make money and they know more about the industry than we will ever know... they obviously have also seen the huge potential and limited risk at these prices.

I concur, the chances of the relevant authorities letting the unrest spread into and past the capital is extremely unlikely in my opinion. The fact that 3000 troops are on their way in to flush the terrorists out (backed by the US & EU) is a sure sign that this will not escalate much further than it already has... The Mali capital lies between our licences and the vast and sparseley populated northern region where Al Qaeda are operating. Summing up... although it is not ideal coming under the Mali flag, the trouble there should not affect operations, especially as our fuel supply is safeguarded. Very quiet this afternoon and volume has not really increase since the rish this morning... here's hoping for the same rise tomorrow!! GL

With regard to the cash burn.... the original placing in Nov '10 raised £4.1m and they had 70m shares in issue. Now have circa £3m cash with very little dilution for a relatively new exploration company. Bodes well for ongoing operations and value for the likes of us!!

Just checked out all of their licences and they do not have any in the Northern regions which is great news. Should be able to crack on now. Very promising and short term target has to be within the 5-6p range it was trading at before the coup... what you think?

http://www.ameplc.co.uk/company/2010.html

They were only listed on AIM in November 2010....

Yes I saw they hold 17% and they have accrued at these levels so they must also see this as the bottom. Definitely looking that way!! Volume at 600k...

Have just bought 40,000 to dip my toe in... Will look to get up to 100,000 I think hopefully at these prices as funds become available... Don't see much risk at these prices with circa £3m in the bank and as you say their drilling costs will be comparitively low. GL

Another bounce today so looks like this is the bottom for AME.... Have been keeping an eye on this so will be looking to get in this week... Unless it continue the rise this morning and I'm locked out!! Nice little company this. GL

Just seen the bid price rise too! Luckily for the the ask is still the same!! I know the potential of the Kingston being in the industry... going to try and have a good look at the finances though b4 I get in as if I have no worries about the funding etc I will def be in here either today or tomorrow. Cheers for the summary and I'll let you know when/if I get in!! GL with your investments... but for my sake I hope this doesn't rise too soon!!!

Thinking of getting back in here after over a year of being away!! Good to see your still here Harry keeping everyone up to date with progress!! Havn't really been monitoring EGX so will have a look today of how the are doing... How do you guys see this going in the near future...???