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Solid traffic numbers growth in all sectors and with the busiest time of year now we should hopefully see upwards of 400p... all recent broker ratings are well above todays price. Bit quiet on this board but can easily make 15per next few weeks as its bounced from this level recently.
Kibali pours first gold ahead of schedule
Was down 3 percent in America finished 8 percent up
At the London close rrs was down 3 percent it closed about 8 percent up that's 11 percent big opening tomorrow
Rio Tinto Has Potential for $13.5b Asset Sales, CBA Says 2013-03-27 23:07:06.617 GMT By Elisabeth Behrmann March 28 (Bloomberg) -- Rio Tinto Group, the world’s second-biggest mining company, has potential to make $13.5 billion in asset sales, allowing the company to execute a $10 billion share buyback after costs rise and commodity prices fall, Commonwealth Bank of Australia analyst Andrew Hines says in a report. * Rio has asset base imbalances, return on capital collapsed to 7.9% in CY12: CBA * NOTE: Rio CEO Sam Walsh promises to deliver “unrelenting” focus on greater shareholder value, aggressive cost reductions, divestments
Everyone has their own opinion, but saying that rio will come back dwn to £21 level is quite ridiculous. and even more so when you compare this mining giant to kazakhmys, the upward trend in global economy has already started, issues like cyprus, greece will always happen, but consumers for gold, oil, steel, iron are increasing. Good luck to you trading, i have gone long 40000 shares at 3130 and will continue to add, if this gets any lower.. a very much strong buy in my opinion,
Rrs had a fantastic trading statement next 12 months look exciting for this stock the reason for the fall was gold was down 6 usd on the day hopefull we can break 64 quid this week gla who hold I
I have been trading this company well, and banking profits, think I made about 30p in day when the price went upto 145p when there was carnage around, Having said that I also sold 200,000 shares recently at a small loss As I needed to free up funds to invest elsewhere, I am now back in with average of £1,04p which I hope will be back to 130-140p within the end of year.. I feel like most of us in here that the price is way too low for a massive company, all the big players have debts and we are no different, essr will rise back gradually, the last time it touched £1 it went quickly back-to 160p, surely the same can happen again with more developments within the next few months or so.. Good luck holding...
Grossly undervalued in my opinion, with the ex-divi date tomorrow. £4 plus in the next month
MANILA (Dow Jones)--Philex Petroleum Corp. (PXP.PH) said Wednesday the latest seismic survey on its offshore prospects in the Recto Bank in southern Philippines indicate prospective resources of at least 4.666 trillion cubic feet of gas. Philex Petroleum told the Philippine Stock Exchange that Forum Energy Plc (FEP.LN), its London-listed unit that leads the exploration of the Sampaguita gas field, has noted that interpretation by Weatherford Petroleum Consultants on data collected during last year's seismic survey showed the prospective resources could reach as high as 16.612 trillion cubic feet for natural gas and 416 million barrels for oil. This includes estimates for the North Bank prospect, it said. Forum Energy noted that contingent resource in Sampaguita gas field alone is as high as 4.598 trillion cubic feet of natural gas and 115 million barrels of oil. Contingent resources are those quantities of petroleum estimated to be potentially recoverable from known accumulations but the applied projects aren't yet considered mature enough for commercial development, while prospective resources are those that are potentially recoverable from undiscovered accumulations by application of future development projects. Forum Energy, which owns 70% of the drilling consortium, is hopeful the increase in the amount of resources will win the support of its shareholders for a plan to drill within the year a well in the Sampaguita gas field in the disputed Recto Bank, Philex Petroleum said. The plan is expected to cost around $75 million. Recto Bank, located in the country's southern waters, is also known as Reed Bank, and is disputed by China. In February last year, two Chinese vessels blocked a Philippine ship conducting seismic surveys for Forum Energy. Philex Mining Corp. (PX.PH) is the controlling shareholder of Philex Petroleum. Previous 3D seismic data from sands at Recto Bank indicated a mean volume of 3.4 trillion cubic feet of gas in place, which makes it potentially larger than reserves at Malampaya natural gas field--at 2.7 trillion cubic feet--which currently fuels three power plants with a combined capacity of 2,700 megawatts.
For those investing be aware that this has already risen 100% within a week and ldp does tend to retrace as much as it goes up the next day. Having said that I wil be looking to go back in having sold my 8mln holding.
Topped up 20k fantasttic prospect
Having no knowledge of this company untill yesterday afternoon i saw ur tip on my other stock SOU and found it very interesting. After a quick read this seemed like a perfect little investment. I bought at 5.75 my paper profit of over 6K is down to you. l will hold onto this for a little longer as this reminds me of @uk which went up considerably day by day. Not on a lot of peoples rador i feel this will break the 10p mark as early as next week.
Just dipped my toes an hour ago at 5.75p managed to get hold of 376,000 shares. I believe this has huge potential with the major contract being signed it all can bear towards a good few days ahead and for me personally its a relief to be in another sector aprt from oil and mining. Heavily into rrl, sou, mxp, sxx, ast, bmr, and a few others. Sold 10k of solo at 0.5p last month not gonna be doing the same mistake twice
Is my buy of 51,405 at 9.53am showing as a sell??
Having seen this company few days ago at 55p seemed too cheap and ive finally made the decision to go for it. Just bought 51,000 at 62p...... The potential of this company is huge and hoping we celebrate being back into 3 figures very shortly. Good luck all
bought 30k of this in the afternoon, jumped on the bandwagon seems like crazy buys! hopefully should continue for tomorrow atleast. What does this company do again?