Centamin Egypt Forum

Feed from lse broken?

Got some spare cash for your new ISA, Don't like paying tax, This share has to be the chance of a lifetime, Think 12 months ahead , you could be sitting with a big big smile on your face and no capital gains either, GLA , Im off to the MED t night , Will be sunning meself on the costa by sUNDAY gla

I wonder how low they can drag it

there are derampers and deflated lse and iii users hey

For god sake fellers , all this is is your imagination, spend a little more time with takin care of yer loved ones, other wise could end up , like me lo0ads o brass , on yer own.

Independent Resources/ IRG, has taken a bit of a bashing since 2011, with the earthquake in the Po Valley having seriously put into question the value of the Rivara asset, but thankfully all looks set to change and investors can either grab a great long term hold or profit short term. Jumping straight in with fundamental analysis, historically Independent Resources has traded as high as £1.50 per share and mostly within the 40-60p range. Cantor have even placed a 67p target on these shares, which I expect is based on pending news from the San Gervasio project, which has the potential to generate positive cash flow within nine months of a confirmed award (Independent Resources have already scored highest with the awarding body and most analysts expect this award to be confirmed prior to the new year). From a purely asset based valuation, Independent Resources still stacks up well with a Net Asset Valuation per share of 30p, making it very undervalued in the market. Adding to all of this, no news on major projects has been heard for more than four months now and combined with this final results are expected soon. Although, the question over the award of the flagship Rivara asset may still trouble some investors, I personally don't think it's as relevant to the company as a whole than it used to be. With the expansion into Tunisia and other such countries to accumulate assets, Independent Resources looks set to rise up from these low levels. For short term traders, the current prices may seem a little high and from a technical perspective the RSI and stochastics may suggest that you ought to hang on for a cheaper price, but obviously if (as expected) positive news comes out soon you won't want to be left at the starting line. For the long term holders, these levels would be a great buying time and you never know, if the spot price rose up to £1.50 again you could profit more than 2000%.

The brokers have done well here today with all the earlier selling commissions, They might get a double whammey in with this confusion . lol

Nothing on reuters , apart from brotherhood

sounds like it relates to last years court appearances

hmm