LSELondon South East
IIIInteractive Investor
DTMdiscussthemarket.com
SCE theprior
30 Nov 2015
Re: New presentation Thanks for the link, G. Certainly looks promising, although, I'm not sure we should be pushing the 50% margins. People will think we're making too much money ! (Especially prospective customers)But, good news nevertheless.Regards, TP
GSR JamesBZ
30 Nov 2015
Big surge today
MIRA JohnyCash
30 Nov 2015
4.25p .
DLAR LK Hyman
30 Nov 2015
Good to see ... ... Jitesh Sodha buy a few shares. Not many, it's true, but some.Does it foreshadow the wise words of Squeeze in Cool for Cats, many moons ago?"The Indians send signals from the rocks above the passThe cowboys take position in the bushes and the grass"[link] on the flybridge reading the smoke signals positivel
AVM Kenj2
30 Nov 2015
RNS $8.2m short term loan Looks very much like a sticking plaster to me.The $8.2m loan starts to paid back almost as soon as AVM get it."The loan carries a coupon of 10%, and is repayable monthly between January and June 2016. It is secured over the Inata mining permit and other assets of the mine."In January AVM will have to repay $1.5m of the loan (including interest) , and the same for the next 5 months. I think that Coris Bank have got a good deal here, a very short term loan (10% over 7 months) secured against company assets. AVM have done little more than buy themselves time. If they cannot arrange a proper refinancing by the end of June then the company is finished.Their total cost of production at $1021 per oz. is too high at today's low gold price c $1055. the time you add in other costs not included in the TCC price, they are operating at a loss for every ounce of gold they mine. The company needs to refinance it's debts, but who is going to lend them money when their TCC is so high and the gold price is so low?
Omagh. Does anyone know when we will see next results of extended drilling campaign
WTI Professor Fang
30 Nov 2015
Re: With regret - I'm out I should have followed your lead back in July blokesaid, a good call it turns out, but still painful I'm sure. No more AIM blue sky commodity stocks for me. Onwards and upwards....
Slow and steady wins the race. This is my best performing stock over the last year
WTI Johandesilva
30 Nov 2015
Re: With regret - I'm out Before we retire or die - do look out for the next commodity boom should there be one. WTI costs had always been way too high so I sold out from 12p days at 6p massive loss. Resource stocks need both scale and low cost. The old central operations had neither and later too high costs.
AUE shugg1e
30 Nov 2015
Re: Am hurting here now. . . They raise additional funds in this environment and the share value halves seems overdone.
TUNG DVS 1
30 Nov 2015
Re: Another bear Very poor form copying another individuals work, and particularly without even an acknowledgement.
AUE Fillpot
30 Nov 2015
Am hurting here now. . . Aureus Mining $21m debt and equity financing StockMarketWire | Mon, 30th November 2015 - 08
4 Aureus Mining has agreed the terms for additional financing to strengthen the company's balance sheet and allow for the accelerated mining at the New Liberty gold mine in Liberia.The additional funding includes an additional US$10m liquidity facility to be provided by Rand Merchant Bank and Nedbank, and an agreement with GMP Securities Europe LLP and Numis Securities Limited in connection with a US$11.5m brokered equity financing. The agency agreement is a private placement of 153,000,000 new common shares at a price of 5p per share to raise gross proceeds of £7.65n (approximately US$11.5m). In addition, further to its initial investment in the Company in July 2014, the International Finance Corporation, the private sector arm of the World Bank Group, which currently has a shareholding in the Company of approximately 14.61% has the right but not the obligation to maintain its pro rata shareholding in any equity financing undertaken by the Company, including the offering. The company is in discussions with the IFC in connection with its potential investment. President and chief executive David Reading said: "Aureus has faced the challenges of a low gold price environment combined with issues associated with the impact of the Ebola outbreak in Liberia and the commissioning and ramp up of production at New Liberty, resulting in a delay to commercial production. "The funds to be raised through the New Facility and the Offering will enable the Company to reduce our creditor balance to a normal operating level and allow additional mining equipment to be procured which will accelerate the mining rate and allow the Company to reduce the shortfall in waste mining tonnage. Whilst we have experienced some unexpected incidents during the commissioning phase which resulted in a longer ramp up to commercial production than we had hoped, the New Liberty Gold Mine has now operated successfully at an average of 92% of design capacity for the past 27 days and we look forward to declaring commercial production in the New Year." At 84am: (LON:AUE) Aureus Mining share price was -6.63p at 6.5p
QPP melrosian
30 Nov 2015
Re: Still no WTG ticker on iii...+ clean bre... WeblogicWhen all is said and done, and it nearly is, I think I have more confidence in an outfit with "We are lawyers" (as its creed and branding) making something out of PSD. Certainly it seems to have £0,5B cash coming from PSD in the next 19 months. The SP has been driven down to QPP levels and If I am right there looks as if there is a good SGH entry point for a medium term hold. When all is said and done QPP / Watchstone is difficult to read. Don't know the potential of the remaining businesses. However it is a sector in which real potential is likely to be awarded a supernormal PE. Watchstone may have great potential , but if so, I wish they had retained more cash to get where they need to. Certainly more cash retained would have enabled acquisitions to speed progress and put more earnings and market share and size into the picture.That said it is still an attractive cash shell if there isnt great operational potential and the market is undervaluing retained cash and giving no value to operations. Muckerjee could turn out to be a star, but I reserve judgement on that. It is true that right now , if QPP had soldiered on, its shares would have been trashed again . It could right now have pointed at £0.5 B +ve cash flow heading its way ......and probably no borrowing at all in 18 months. I am sorry about some of the rubbish I trot out, but I do believe the Turnaround would have had a much better outcome for QPP shareholders ( a year from now) if it had been slow, openly and clearly measured and planned. The nine figure profits opportunity has been lost. It is truly shocking. Mel
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