KALAN
12 Dec 2017
Re: STRONG BUY now, below 15p a share Just back off holiday HPC (thanks again for |SA|R tip - made 24% there) and a bit surprised the placing was so low - going to get my calculator out - it looks like they could spend 9 years mining and not pay back all the debt which would make the company worthless - need to look in detail as the sp would be even lower if that's the case - so I must be missing something at first glance.
HPC Follower
04 Dec 2017
Re: STRONG BUY now, below 15p a share FDI have not revised downward the total numbers and quality of the diamonds, but in a 9 year programme concentrating on mining the best (K4 and K5) zones should generate more, larger diamonds with far less removal of waste, over-burden and surrounding ground. Financially this will be far more attractive whilst debts have to be paid and diamond prices are historically low.Personally, I feel diamond prices will recover strongly as forecast with mine closures (which may be hastened due to the lower prices) and expected growth in demand. Also, should some of the Bitcoin and Bond "bubbles" burst, gold and diamonds should be assets that do well thereafter; also if the banks have a hard time with debt defaults.New entrants buying FDI shares below 15p have the greatest opportunity but those who take up the 10p offer may do well too (as per FDI directors and major shareholders - who are also incentivised to avoid the company getting into default positions)... but still lots of risk, so we all have to make our own choices.Can't comment on Audley Capital - not seen much of a mention for a while, and Julian Treger is off leading new business opportunities I read somewhere.Not sure how much extra cash I want to add here myself, as I'm 80% down now having almost broken even just a year ago. The major shareholders can't be very happy either... but it has taken a long time to reach the better zones, undiluted, and the best zones improve with depth - so should improve longer term - although maybe more of my money should be in ZIOC or FRR or VOG, etc.
clemenceo
04 Dec 2017
Re: STRONG BUY now, below 15p a share Hi HpcCan you clarify why they are changing the life span from 14 yrs to 9 to save money? and it also says 13.9 m carats to 7.7 million in the revised plan so they obviously think there is not as much there as was thought.Also it mentions Pacific Road and RcF taking more shares what happened to Audley.Thanks in advance for any clarification I may need to average down Clem
HPC Follower
02 Dec 2017
STRONG BUY now, below 15p a share I fully agree (typical of AIM companies)...nevertheless this has been taken as an opportunity for most of the major investors to average down, from their original 30p (post consolidation) and higher investments to build the mine, to nearer 22p (184,842 represents 57% extra shares).The chairman (Lucio Genovese) is buying 26% more shares, the CEO (Stuart Brown) 72% more and another Director (Keith Johnson) 39% more - reasonably substantial numbers for individuals. This gives me some extra confidence for the longer term, when diamond prices should improve and diamond recoveries increase in the better areas only just being reached.Importantly, and the reason for the STRONG BUY now, FDI shares can now be bought by non-Qualifying investors (or "out at present"
in the open market for under 15p a share, which is a 34% or better discount to the amounts that will have been paid on average by the major shareholders and directors post this arrangement... (N.B. 13 to 15p is potentially a good entry point compared to your 19p target Kalan) - with the terms of the re-financing deal now known.
BADDOGREX3
02 Dec 2017
Well here is the News We have been shafted just like all AIM investors through the ages.This is appalling The only thing I can say is F##k those incompetent tw#ts that we put our faith in.From almost 60p to bug#er all what a wonderful achievement .Thank the lord that I kept my investment in Lucara and didn't switch all of the profit into FDI Learn one important lesson from this never believe what directors of AIM companies tell you and never never invest more than you can afford to loose in one stock Gutted.
chiromawa54
01 Dec 2017
10p 10p its like a nightmare come true, I am gutted.
nat-king-coal
29 Nov 2017
Re: News is about to break x100 we all live in hopeor am i hoping for too much
nat-king-coal
29 Nov 2017
Re: News is about to break Let's hope it's the latter (100-carat find)
HPC Follower
29 Nov 2017
Re: News is about to break You could be right... it's all gone very quiet since they stated they needed to re-plan the initial production phase (to get at a higher proportion of the most prospective areas for larger diamond finds whilst prices are weak - which would involved some re-phasing of loan payments, and, I fear, another placement/Open Offer.Alternatively, now they have also just reached some of the better areas, and recently announced another >100 carat diamond find, current production and sales could have significantly improved.Not sure I want to guess here,..
BADDOGREX3
28 Nov 2017
News is about to break Significant volume and price move this morning Are we about to hear some thing we don't really want to hear?
KALAN
16 Nov 2017
Re: HPC - petra SAR dropped on placing HPC - bought in - all indicators are positive - 3.7% dilution marked by a 20% fall - bang on the bottom of the rising trend - so I have got another one of yours - thanks.If topping up I would go for SAR now, JLP late Friday / early next week (3.8p to 3.9p buy) and then VRS as soon as the RSI turns (expecting 18p to 20p bottom but gap at 16.8p possible).FDI in waiting room until finance sorted (would like 17p).
KALAN
14 Nov 2017
Re: HPC - petra A fair old list there HPC.I am in JLP and SAVP mainly (suspended) with bits of VRS and Petra.Waiting to buy more VRS, and JLP when charts suggest (JLP getting close)Also waiting to buy SAR, FRR, VOG, FDI and WRES if they get to my target entry points I am doing a lot of waiting at the moment but worth it to get in lower. Petra is a bit of a punt and I may pull out if the rise is weak.
HPC Follower
14 Nov 2017
Re: HPC - petra Kalan...I'm still watching FDI closely too... not sure yet what the financial implications of any change to the mining plan might be, nor whether there will be another placement... I hope not but there do seem to be quite a few placements going through at the moment for quite a few companies in my span of interest. FDI could also find some more, large diamonds now they have reached the better areas at the surface of the Main Pipe, which might also change things. Not worried longer term, but cash flow does have to be managed very carefully in the early years of mining before debt is paid back.My investment in ZIOC is suddenly doing very well, but I'm unsure when to top slice perhaps 25% of my holding to top up on JLP, FDI and, perhaps, BMR (near 2p placement) and SAR (near 0.7p placement). The NPV of ZIOC's Congo project (their 50%) gives a share price over £3 - so I probably shouldn't sell any below 30p a share even if it has taken 4 years to get back to 22p. I usually sell too early so will see how far the "bull" runs for the moment given that Glencore still have a Second Call option to buy 'Zanaga Iron Ore' out.Still unsure about VRS as many of the potential usages of their nano sheet materials are untested/unproven at present. Could also buy into 88E if the share price drops to 1p again.And then there are my shares in FRR and VOG... what might happen to their market values when the flow test results come through - and some of the longer term . Fortunately I jumped out of EME ahead of the latest gas test results with a reasonable profit - although some of the higher 6 remaining gas sand levels could yet come good - I didn't like the "gas shows" without any high pressure readings.
KALAN
14 Nov 2017
HPC - petra Had a flutter with my trading pot there this morning - bargain hunters are out and the chart analysis looks good - not sure how strong the rise will be - so a bit of a gamble. FDI still in the prolonged drop - watching and waiting for signs of life.
HPC Follower
24 Oct 2017
Re: Kalan - my thoughts today I think FDI may be waiting a while now more valuable diamonds are being found in the better areas just reached. They won't want to over react to a short term problem.Nevertheless, the veiled threat of a placement will stop me topping up at present; and shortish of cash to top up on JLP as well right now.
