African Minerals Live Discussion

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rickyroman 20 Nov 2014

....come on guys.... ....let's have a good ending, not another Belzone or London Mining...........us PI's have got a lot of money invested here in a world-class project and we've stuck with this through all the tough times I/O prices, Ebola, management changes.......get your act together and move this forward in a positive way...

rickyroman 20 Nov 2014

...Nigeria and $12 billion....... ...if China Railways are going to spend $12 billion building a railway in Nigeria, the Chinese like Africa, and CRM own a chunk of the infrastructure at AMI.A lot has been said about the 'Debt', but correct me if I am wrong, I thought that this was not repayable until 2017 and it was just the interest of $35 million which was due in Feb 2015, not the total amount.

rickyroman 20 Nov 2014

...7 hours..... ....whilst suspension may be very bad news, it doesn't take 7 hours to issue an RNS. The suspension is because of material change to the situation at AMI and this has to be tied in with the non-release of the last $104 million form Hong Kong.....we can second guess all we like, but for now lets expect bad news and then we won't be disappointed

rickyroman 20 Nov 2014

...Rio tanking...... .....its their own stupid fault flooding the market with iron ore......Sam Walsh is being foolish.... as Glasenburg said...................

rickyroman 20 Nov 2014

....after hours even.... .....been a funny old day...waiting, waiting with absolutely no idea which direction this is going though at the back of my mind, I am envisaging a further loss to my holding.If it goes after hours, be interesting tomorrow morning....be a rush for the exit or rush for the buy button ????

rickyroman 20 Nov 2014

....after lunch now.... ......sort of gets more interesting the longer this drags on. Now looks like this afternoon for the announcement.....might as well go and walk the dog and enjoy the sunshine in deepest Surrey.

rickyroman 20 Nov 2014

....on site........ ....I think the thought of ebola being identified at Tonkolli or Pepel would have been leaked by an employee.....plenty of expats with links to the UK. Don't forget that AMI is the biggest private sector employer in SL, so that would have hit BBC & Fox News.I guess we just have to sit and wait......

rickyroman 20 Nov 2014

...pending an announcement.... ....that's what the RNS says........................so, they have something to tell us..just depends what it is.Don't worry Kay, you and the shorters are usually right....

rickyroman 20 Nov 2014

...Frank...Ivan...or maybe Mick.. ...what does not stack up for me is why FT was able to steam-roller through the acquisition of LOND with virtually no opposition. But Joining Marampa with Tonkolli and all the infrastructure represents a once in a life-time opportunity to pick up a 60 YEAR mine-life asset for a pittance.Frank buys LOND, negotiates a sale inc. AMI ....and Ivan / Glencore or even Mick Davis gets a 35 MTA instant iron ore asset.'The actions of the Australian miners is hurting Africa' he said.......saving Sierra Leone big-time...what an acquisition opportunity and not bad PR for Glencore.

bulltraderpt 20 Nov 2014

Re: ...another West African miner.... You wish!However, let's hope it's good news for long standing, under water holders of the stock.No position, but have played it in the past.

Rock on warringah 20 Nov 2014

Re: ...another West African miner.... Glencore T/O @ 25p

Aristotle-II 20 Nov 2014

Re: Updated Technicals What's going on???TEMPORARY SUSPENSION OF TRADING ON AIM AFRICAN MINERALS LIMITEDTrading on AIM for the under-mentioned securities has been temporarily suspended from 20/11/2014, 7:55am, pending an announcement. Common shares of USD0.01, fully paid (B00Z305) (BMG0114P1005)If you have any queries relating to the above, please contact the company's nominated adviser on 0207 029 8000.

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