Member Info for Tailender

Again, really good news from AGTA, but does anyone know how this translates to the bottom line ?

Projected increases in production clearly good news, as is Snilehorn, but are we going to make a profit at the year end, let alone declare a dividend....or am I missing something ?

Those of us who have been following events at PAF will not be particularly surprised, although news of the dividend is particularly good. This is a cracking little company and why the allegedly efficient market has taken so long to wake up to the fact is a mystery. By the way, can anyone with a calculator work out what our P/E and yield is now ?

Good to see the sp moving up a little, even though the market is well down today. SEA has to be the best value on AIM (along with Agriterra !!)

Does anyone know the latest re. this trouble at Barberton, with Marxist inspired locals demanding a slice of the action ? Storm in a teacup or straw in the wind ? Talking to some SA ex pats last week and I am a little concerned about the political stability of SA. Seems like a small minority in SA want to see political turmoil regardless of the economic cost and when Nelson M pops his cloggs they might see that as an opportunity. Do others have a better fix on what's going on down there ?

This morning 185K shares sold, 303K bought. So share price goes down !! Because .....?

In early Feb SEA issued a very positive statement concerning revenue grown for both R-2-S and the consultancy business. The share price then was over 29 p. Today it stands at 21p. So what has changed ? Well SEA holding in Landsdown is probably down £3m, but apart from that ??? Clearly the focus is on R-2-S at present, but SEA is not a one trick pony and there is money for further acquistions down the line. The energy services sector be being touted as having huge potential, but SEA remains neglected. Perhaps I should stop worrying and start buying !

Thanks for that, Salz. That's very interesting. My impression is that PAF are a relatively low cost producer and other miners will be in trouble long before us if the price of gold gets down much lower. The market seems to be treating all gold miners the same, but I remain pretty bullish.

SP continues to slide as market climbs. OK, so no one wants African miners at present but we're in it for the long haul, right ? At what price to we get stuck in again ????

White Nile annual report 30/6/08 shows directors shareholding identical to today, so there has been no new director buying since they changed out of oil into agriculture, as far as I can see.

Petertee may be right broadly speaking, but in this instance support from the BoD would send a positive message and failure to do so sends an equally powerful negative message. By the way, found a comment on another discussion site that AGTA might be target for Zambeef. You heard that one ?

SP has really dived last few days. Although we are told the business continues to grow, SP slips. I can only assume that the market thinks these guys can't deliver. I would have thought they are a takeover target at this price, or there something afoot that I am too naive/thick to see ???? (Sorry - African Share Paranoia again).

I see we are down again today even though the POG was up yesterday. The new tailings processing facility is due to produce 20,000 ozs p.a. with a margin of $400 per oz. at current POG. That's a lot of money ! Sentiment is just against us at the moment - need to reinstate dividend just to make the point that this is a serious, proper company !

Bought a few AGTA shares a week or so back at 2.6. They seemed cheap when you looked at the NAV, cash in hand, revenue growth and sector fundamentals. And now I have done nearly 25% of my dosh. I know the AIM market it pretty risk adverse at present but this doesn't make a lot of sense to me. I recent days I have found myself wandering around muttering "White Nile", "Sable Mining" and even "African Oil Logistics". I was going to have a small punt on African Potash ( market cap £4m, equity twice that. Not much cash but sitting on a whole pile of potash) but can't bring myself to do it. I think I have a condition called African Share Paranoia. Does anyone have a cure ?