Member Info for Sp28

Selling is nearly exhausted.

A 23.5% retracement from only last week!

We all know this can swoosh past 40p in a flash, can easily have one of then 15-20% days.

Bargain at this price. Currently only 8% of NPV! DYOR

Omg..what a saga over a 100k Buy

Jet must have accidentally hit sell button rather than buy then :)

100k is clearly a BUY, on both LSE and advfn so no need to mislead.

And 100k buys doesn't necessarily mean price increases, if only markets was that easy!

Buys has outweighed sells over the last few days, including today, however still down!

Anyway not important, just noise in the short term, buying op, however people want to see it. Washing out weak holders i guess.

Had this many times. Nothing goes up in a straight line, not even crypto ;)

With the decrease in share price since it hit 47pence last week. Many 100k (~£40k) buys have gone through!!

With this mornings drop, another late reported 100k buy has just popped up!

This is someone loading up with a buy order in the background. No PI buys 100k lots, its usually whatever is in the account. And most often you cant buy 100k in one lot in FAR anyway!

Fun and games along the way.
Would be nice to see a TR1 from some big institutions, that will bring it in the spotlight!

Looks like the negative news from BMN has filtered its way across here.

Fickle market, there should be ZERO correlation.

It has not been pumped all! Hardly any chatter anywhere, unlike most other shared.

Remember institutional investors bought in at 30pence.

Good buying opportunity.

Great article, thanks.

Current NPV @ $7.50/lb is $2 Billion

At the mentioned $15/lb NPV would be north of $4 Billion!!

And FAR hardly receives any chatter on these boards. And there is hardly any mentions on Twitter compared to most other companies! This is on the LSE Main Market, not the wild west of AIM.

No PI can make a difference here, its the Institutions/funds who will ultimately value FAR where it should be.

And with the backing of Sir Mick and Vision Blue, you can see exactly where this is heading, they will ALL want to back him!

You make no sense.

Telling you something new, that would be deemed insider information, you never going to find that here, or anywhere!!

The whole point of discussion boards are to discuss/reiterate already available information! And convey your thoughts/understanding with that information to see where a company could be heading, and invest accordingly.

To repost a very interesting article which was published only 6 days ago for newbies, not sure why anyone would find that as an issue!!!

Anyway if you want more FAR shares:

Vision Blue will provide $20m @ 78pence
Broker Target is 170pence
NPV is 300pence

Free float very low

You need to start buying in here quick ;)

Best of Luck

Hazbeen - its a quick reminder for new holders!

If you dont hold here what does it matter to you. And if you do hold, then it makes no difference, you should be pleased. We all know which category you are in!

Like your incessant posting on HZM daily share price/buys sells is much different ;) take on your own advice! I can so easily come on the HZM board and say the same about you!

You dont hold here, probably want in cheaper, just stick to HZM!

www.thisismoney.co.uk/money/investing/article-9462299/amp/SMALL-CAP-SHARE-IDEAS-Ferro-Alloy.html

Yes, a very unique deal.
Gives a roadmap of where this is exactly heading!
Sir Mick wants to realise NPV, $2BLN, £3+ a share, i'm sure his 78pence buy in will do just fine :)

And a massive vote of confidence in the project.
Like I have stated, Vision Blue have done all the due diligence that a PI wouldn't never be capable of & wouldn't be privy to most of the info.

Don't forget the 16.7million shares snapped up at 30 pence, by new and existing institutional investors!

From one of the interviews last month, NB mentioned around 6 months, and that most of it has already been done!

I'm guessing Sir Mick and team will want to have an input now. Before investing here, I am sure VS would have ran the full due diligence on the draft BFS!

And with all the Vision Blue funding in place, and Sir Mick' knowledge, experience, know how and expertise, wouldn't be surprised if it came in sooner!

So predictable. As i was saying earlier!

2 late reported buys have just cropped up
(2 x 100,000 shares, £40k each)

With the large trades and round numbers this is institutions accumulating. Seems like a buy order with mm's before the next leg up. Explains drop from 47p.

Hardly any volume, with those few sells, buys still outweighing sells today. Its just fun and games for now.

Yesterday tiny sells to drag the share price down, and then boom 2 × 100k buys right at close!

How many PI's can the mm's shake before the next leg up. It did hit 47p only on monday!

DYOR

This has happened numerous times before, engineered drop, they want you to sell at low levels, but at the same time will not let you buy anything, NT all the way!

With the tiny free float its more often than not NT to buy. Hence need to hold and be patient. Wants it starts moving its impossible to buy!

All i can tell you they are happy to take 180k+ shares in one go! go figure. Maybe at 139.5p i might sell ;)

This has happened numerous times before, engineered drop, they want you to sell at low levels, but at the same time will not let you buy much, NT all the way!

With the tiny free float its more often than not NT to buy. Hence need to hold and be patient. Once it starts moving its impossible to buy!

All i can tell you they are happy to take 180k+ shares in one go! go figure. Maybe at 139.5p i might sell ;)

To further enhance om GR' point - from RNS 15th March

o Conditional right for VBR to make further Board Non-Executive Director appointments

o An agreement and joint initiative to recruit additional members to the management team to ensure that the necessary skills and leadership are in place to take the Balausa Project into production.

Following the appointment of Sir Mick Davis to the Board, the Company will commence and conduct an evaluation process (in consultation with VBR) to identify and seek to recruit additional members to the management team to ensure that the management team have the necessary skills and leadership to take the Balausa Project into production following completion of the Feasibility Study.

We already know the ball is rolling, as Sir Mick has already stated his Xtrata colleague who has been running a large vanadium mine in South Africa, will be joining the FAR board in due course.

All the ducks are lining up, for this to become a monster.

Agree. Some PI's have got in early doors. However once the share price really leaves the station, the main holders will be Board of Directors (own ~38% already), Vision Blue (when full allocation of shares bought ~30%) and institutions (we know they bought 16.7m shares from NB @ 30p).

So all in all 80-85% could be locked away to LTH.

It will be institutions who have backed Sir Mick in the past/other funds fully aware of what he has achieved, they are the ones accumulating in the background.

Vision Blue had first dibs on equity funding, and they are providing the full amount, therefore quite uniquely any fund/institution who wants in will HAVE to buy on the market!!!

And with Vision Blue funding and free cashflow, we know there will be no further dilution/placings.

NB has taken long to get this transformational deal, but one thing he did well was to keep dilution to an absolute minimum, i mean most other mining companies have billions of shares, and funding is not even sorted!!

Thanks GR

Summed up perfectly

Precisely my thinking

From RNS dated 15th March - 'Strategic Investment by Vision Blue Resources and proposed appointment of Sir Mick Davis as Chairman'

b) Right to purchase US$20m of additional shares in FAR at a share price of 78.0 pence per share, equating to a pre-money market valuation of US$500m, at the agreed exchange rate

And to also note, Sir Mick Davis (Former CEO of Xtrata) will be announced as FAR chairman very soon.