I agree with the good news flow and am tempted to buy more to maximise gains when the DFS is done.Negative thoughts are only that a partner might not come forward due to the low product price/ iron market generally.But we know that our likely costs of production will still make us profitable.So will probably take the leap of faith early in the new year and pray like mad! A prosperous 2015 and happy Xmas to all.
I hope you're correct about a 75p target!How do you arrive at that figure though?
Hope you're right!I only have a few but looking to add, once I have the confidence.Where will the cash flow come from though at that stage?
Sounds about right to me.Very quiet after the recent flurry of activity.You never know, the Board might be keeping things VERY close to their chests.Keeping hoping!
Thanks for that.Gemfields look interesting.Will watch them for a while.Can't seem to keep out of African mining companies!
Yes.Hello,......is anybody there.....? It's gone quiet after that flurry of activity.Are people waiting for more news, maybe til 19/12? Good to see PDL doing so well.Wonder if it's topping out at around 2.05 or 2.10?Any thoughts?
Excellent news, yes!I wonder about the dividend amount?And the commencement of divi payments shouldn't harm the share price.Should it?
Reasonable amount of buying today-and the 100000 sell looks like a "buy" from the price.
We're not yet above that 50 day average, so no breakout ...yet...
The DFS may be only 50% complete, but it would be amazing if the other 50% we're not well underway!It's not as if the Board will have done the first half and only then start on the second.So agreed, the implications/hints/extrapolations are that the flow of things is strongly in the right direction.Dyor of course.
Well!Pdl doing well and getting back to decent levels.And BAO possibly taking off too!Who would have thought it from AIM?
Getting awfully close to that 50 day average.
Just re-read the interview, thanks.To a non- technical person, it does seem very sound, with no sign of the walls tumbling down.Africa seems to be a huge growth area.Mozambique seems to be settling down politically, with leaders who are clued in to modernising the economy.What's not to like?- jobs for the population,taxes for the government and major kudos for the politicians.Difficult to see any adverse forces.Cheap to produce product.Accessible markets.Hopefully successful talks re transport....Do I have blinkers on, am I naive, anybody?
Glancing at the charts, it looks like the 50 day average is about 6.6- 6.8 or thereabouts.Keeping a close eye on it!
Thanks.Am sat here , not working very hard at all, wondering whether to top up, given the RNS and , for BAO, heavy buying.Is it best to dive in early or wait to see if it's a flash in the pan?That's what quiet days at work are for...fingers crossed, GLA
Do we have lift off?
Maybe I'm just gullible or , in my mind, have written off the investment.Or maybe i am still optimistic because, as a lawyer (I'm afraid I defend -alleged and actual- criminals) I can see how a BoD would need to keep quiet.It doesn't excuse not being given so much as an acknowledgment though. At these levels, no point on selling, as others have said, so best look on the bright side.
Blimey, we are getting cheesed off here.I got in at 10.5p or so, so not too bad, but still a 50% plus drop.Yet I still have faith in the Board.From what we glean and extrapolate from info released, things appear to be moving in the right direction.It's a slow and frustrating process.Maybe for the BoD too, assuming they look at this site.Don't forget that they are shareholders as well, and have a lot at stake.I don't think that they have lost enthusiasm,but there must be a lot going on in the background.E.g. Visitors to the site.A £1million loan can't be made as a last throw of the dice, surely?More likely with an expectation of it being repaid when something big happens. Is this wishful thinking?Maybe.Am I tempted to top up?yes, but I think I will wait yet... GLA
Yes!Relieved I didn't bottle out at £1.60!Will it get to £2 or over though?
Sounds to me like a step in the right direction.Prospecting licence turned into a mining and exploitation licence is a logical sounding step towards getting the stuff out of the ground, namely towards production. Why bother asking for such a licence otherwise?