Member Info for teamonster

Might well be geopolitical!

True. Might well have something to do with Rhodium price?

Interim report out soon. Drag line must be near completion? Rhodium price surging. What other factors might be driving Eurasia’s SP at the moment?

MatthewC - I agree REDT is just getting started with new acquisition adding value. It will be a real shame if it goes for sub-30p. Real value will be in medium term for REDT. In such uneasy times, companies like REDT are a valuable resource.

Bad news for Serco, too many botch ups in New Zealand prisons, namely Mt Eden, including recent death of one inmate is likely to result in loss of Government contract.

I second shatter's comment. I have held FTO for years and years…with only a modest profit on 25% of my holdings. i reckon a consolidation is inevitable in order to realise true market value. Still think FTO is one to hold.

It all looked so promising for CGM. Such a shame that the Board's plans to invest in an African cement manufacturing business were never approved by the AIM. Good news is that our investment in CGM won't be wiped out, instead we're invited to trade shares off market. I reckon this is at least a hold for now and probably a speculative buy once we hear more on CGM's progress. Any views on this gemma4cash?

May have something to do with the German chancellor's recent comments concerning plans to make Germany nuclear free by 2020?

Joint venture with Calme group looks very positive. Looks like CGM board have been working hard to secure company's future. Cement is likely to be in high demand in African countries where large infrastructure and mining projects are planned.

Thanks for the heads-up and detail on RNS. All seems pretty quiet on this board at the moment, hopefully we'll see some well informed opinions after prospective posters have digested the information. Have you seen any broker opinions on this latest RNS yet? IMHO, overall it seems that the current SP is rather low and not reflective of cash resource and stock piled ore. I think the market needs reassurance that the existing mines will remain productive for the medium term in order for SP to go north.

Sorry for the late reply. I have now caught up with CGM's update. Good prospect of re-listing soon. Very interesting new direction for the company. Any other listed African based cement/aggregate businesses to compare with? I'm struggling to find one!

draw, the buys may be being used to short NGL, hence the declining SP. All hopes of a SP recovery depend on the next quarterly update. AIM and ASX investors have been concerned about NGL's solvency in the past. SP reached all time low of 1.67p post consolidation. True to the company's phoenix emblem NGL rose from the ashes. Now management have a real challenge to try and restore confidence. I think it is critical they reassure the market that the indicated resource stands at 3.8 million Oz to fend off rumors the mine is burnt out. I await their cost restructuring with interest.

SP is continuing to dive from my entry at 52p...where's the bottom?

Looking like this company is about to shut up shop on the AIM and list elsewhere. Anyone got information on likely outcome for CGM?

Gold price up, Norseman down. How much longer will this company's SP remain in the doldrums? Ridiculously undervalued IMHO.

IMHO the SP will languish at this level for sometime yet until the other large shareholders who missed out on the recent placing get their fill at 40-45p. I'm disappointed at the short sightedness of NGL management for seeking to raise capital via an equity placement at a comparatively(cf. recent) depressed share price. It's not as if the Co's development plans have changed significantly in the last 6 months, why on earth didn't they consider a placing at 65-70p late last year?

I agree that NGL is a hold, I'm also planning to top up should it reach sub-55p. Grossly undervalued compared to peer group gold miners. Should see SP start to climb once hedge funds have got enough profit out of iron ore and other base metal explorers and miners. Good news for gold bugs: China is continuing to buy up gold in preference to US bonds whilst their copper and zinc inventories are bulging. Massive switch to gold in sight. GL.

How can AAZ and MARL be worth more than NGL and AGLD respectively? (I hold MARL). It may be that the former have stronger institutional support, even so the price discrepancies still continue to amaze me. Don't get me wrong I like MARL but it is nowhere near to mining. NGL's SP should be closer to 120p if AAZ's pricing is accurate. I'd be grateful for any ideas on the above.

Dear Admin, there seems to be a problem with the LSE's trading board and quoted prices for Norseman today. Can you look into it please. KR.

This is tragic news indeed. I don't know what the other "sad news" was to which you refer.