Ripley94
19 Jul 2019
Take Over offer by Barrick ACA… XXXXX Well fair play to ACA … much higher offer has come in from Barrick they improved all share offer from the 146p to 232p .
Ripley94
31 May 2019
Take Over offer by Barrick ACA… XXXX Mail from ( S ) informing and recommendation from ACA take no action . ( All share )
tornadotony
09 May 2019
Company RNS demonstrates leadership The bottom share price on gold pull back is now looking like 138p. Credit to management team for communicating. Other companies need to do this.
tornadotony
01 May 2019
New support lines and resistance line 146 proven as resistance yesterday. 136p may be tested as support today. Acacia has to demonstrate holding 136-146 range for a whole week to strengthen the case of a bottom being formed.
tornadotony
30 Apr 2019
New support lines and resistance line Support lines at 132 and 136 with resistance now on 146. Bollinger bands contained price fall yesterday to 138p.
tornadotony
29 Apr 2019
All support lines broken No where to hang the washing. God knows where this one will land.
tornadotony
29 Apr 2019
Acacia support lines Approaching the Siegfried defence support line. Will it hold any washing by end of day.
tornadotony
29 Apr 2019
Acacia support lines Support line breach. Last line in the sand now 140.2p
tornadotony
29 Apr 2019
Acacia support lines Support lines are 144.2 and 140.3 if these break its in twilight discount fall zone.
tornadotony
29 Apr 2019
110p target 110p comes into play if its no deal with GoT. My previous note was for another board apologies for that posting error.
tornadotony
23 Apr 2019
Company to give presentation at Liberia Conference [link]
tornadotony
14 Dec 2018
Promoted back into FTSE 250 To take place on 24 December. Just need to resolve their on-going dispute with Tanzania Government.
tornadotony
22 Apr 2018
Time for things to be resolved here. Acacia Mining has become a lose and lose outcome for all parties. It had a great CEO doing a wonderful turn around job back in 2016 and early 2017 and Acacia and Tanzania lost somebody that was winning for both them. The company had every chance of building more wealth for Tanzania through private and commercial investment and building relations and new business with Kenya to the north.Since then politics has followed the Trump philosophy of I can get a better deal than those who achieved before me accept here no deal has been done at all. Lost in all of this is a strong socialist view point that the state is totally wonderful and industry is bad as it tries to create more wealth and make a bigger pie. Furthermore international investment was considered to be a charity and having no right for a return on capital and investors outside of Tanzania seen as exploiters when in reality they could put money to work anywhere in the world. As a consequence Acacia Mining that was an average and sometimes poor company that advanced to good has now been severely damaged and has lost international investment confidence. As a new era of higher interest rates begins to unfold, governments everywhere will find it more difficult to attract investor funding especially those having risks for their bonds but also for their commercial private sector. Tanzania has to decide whether it is a socialist/communist like state and everyone is happy with that model or whether they want talent getting rewards and accelerated innovation outcomes and see that as a more probable efficient outcome. Overall the company is doing everything it can to stay afloat and delivering good results under awful circumstances. In the meantime it stills remains a share for private investors to avoid in my opinion. I just wish it was not the case.
tornadotony
12 Mar 2018
Re: Short interest Marshall Wace put 0.6% shares on short interest on 5 March. I wonder if they closed today.
tornadotony
23 Feb 2018
No dividend and no hope. With global bond yields up 8 weeks ago, dividends are needed in what is a new era for equities in general. No chance of divis here and so Acacia has little hope of advancement against its peer group of gold miners.
