with ebola cases increasing slowly population will go down, so less houses and cars will be built which requires iron, iron consumption will decrease, whys theres no ebola cases coming from china if there is millions will die there then iron comuption there will go down and io prices will only go down, will happen soon just watch this space
with just over $2 billion liabilities and less than $1 billion net assets including around $300 million in bank, having more financing which means adding more debt or diluting sp in one way or another, io price is fragile and is not that rare while rio, blt and vale are churning out io in record low prices io prices is not rocketing
mwa is cheap with good resources but its just too risky with robert around, gold price going down, aim is risky and zimbabwee is not stable, no wonder sp is going down and investers are selling
as the zimbabwee government is in a mess robert will gobble up mwa
sold 10k shares yesterday and it shows as a buy?? unless it delayed and will show on monday
west africa is in a mess ebola and gold price going down do not help
www.dailymail.co.uk/news/article-2816001/Burkina-Faso-s-President-steps-27-years-power-following-wave-violent-protests.html very bad luck for AVM protest/civil unrest in Burkina Faso, Ebola and gold price going lower than $1180 support, now sp going lower than 5p and maybe lower than 4p soon if all this bad luck keeps going
gold 1180 support breached so its only going lower?
so ami not selling assets to pay its own debts but actaully buying marampa mine and getting into more debt well played ft
resistance is 2.6p and support at 2p, with the smelter coming soon, profit with the gold, diamond and nickel production as well as cost reductions mwa is cheap