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Bullboard - Stock Discussion Forum
Afferro Mining Inc
AFRIF
Metals & Mining
Industrial Metals & Minerals
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Bullboard (GREY:AFRIF)
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•••
LTGoldBull
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Post by
LTGoldBull
on May 02, 2013 7:47am
Ntem Testwork
"Ntem Testwork delivers Concentrate product up to 68.5% Iron", could be early cash flow. Next up, the Transport Scoping Study,...Does IMIC formally Bid? Cheers, Mark
(0)
•••
franciso1
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Post by
franciso1
on Apr 28, 2013 10:14am
AFF record date april 29
Should be interesting to look at shareholder list Who is really AFF shareholder Not easy to have a list for a PI investor IMO
Etruscus Plans to Drill The Discovery Target In The Golden Triangle, B.C.
posted Jun 19, 2024 9:00am by
Etruscus Resources Corp.
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"Our highest priority for the 2024 season is the Discovery Target, which showcases all the essential elements for a major porphyry discovery. With 1.1 km of QSP alteration, a 600 meter chargeability anomaly, and the correct host stratigraphy, we have a very promising drill ready target in a geological terrain recognised world-wide for massive porphyry discoveries ...read more
(0)
•••
LTGoldBull
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Post by
LTGoldBull
on Apr 23, 2013 9:12am
The Bid (unofficial)
Yes, correct 15 biz days (9 May). Still the unofficial Bid and Market prices the unknown(s) at 72.5p and if a serious Bidder (IMIC) Once an official Bid, Market should at the very least be
...more
(0)
•••
LTGoldBull
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Post by
LTGoldBull
on Apr 23, 2013 9:06am
Investec "Value Abyss"
Investec has been casting its eye over West African iron ore companies and identified what it calls a “value abyss” between the undeveloped ones and the developed companies. The latest research from
...more
(0)
•••
Probability
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Post by
Probability
on Apr 22, 2013 11:14pm
POSCO is gonna make move
POSCO is in negotiations and will out bid IMIC all cash offer please : )
(0)
•••
franciso1
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Post by
franciso1
on Apr 19, 2013 8:26am
Dec jan AIM AFF Shares traded
ef. Post 36502 This kind of price reaction and volume have happenned(dec. jan.) around split Aue AFF IMO About 50% of AFF changed hand on London exchange AIM Mean volume dec 1,894 millions X 22
...more
(0)
•••
franciso1
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Post by
franciso1
on Apr 19, 2013 6:57am
About AFF naked short theory IMO
Look at trade volume for AFF per month average multiply by 22 trading day For a 100 millions shares co https://finance.yahoo.com/q/hp?s=AFF.L&a=03&b=13&c=2011&d=03&e=19&f=2013
...more
(0)
•••
LTGoldBull
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Post by
LTGoldBull
on Apr 18, 2013 9:58am
A Good Hedge
Afferro is a good hedge in this bad market to go higher from these prices. Proposed deal is hardly in, maybe a 50% discount now. (Newswires quote deal value $223M usd, 147M pounds which is offer #3
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•••
franciso1
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Post by
franciso1
on Apr 17, 2013 6:44pm
AFF liquidation IMO
AFF must be liquidate IMO I have to say that i am shareholder since 2003(paid approx 120 pences) Why Because you can have immediate result contrary to a merger Transfert cash to shareholder Transfert
...more
(0)
•••
Probability
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Comment by
Probability
on Apr 17, 2013 9:36am
RE: RE: Boom buyout offer !!!
They will counter bid (POSCO) no worries there ............. I will expect a min 1.40p is gonna have to be offered as POSCO has deep pockets ..... looks IMIC was motivated to move before
...more
(0)
•••
LTGoldBull
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Comment by
LTGoldBull
on Apr 17, 2013 9:29am
RE: Boom buyout offer !!!
First Offer! now a 15 day wait. Newswires quote deal value $223M usd, 147M pounds which is offer #3 for IMIC shares converted from 140p AFF shares. (all cash would be better, exch 1.57 = C$2.20) The
...more
(0)
•••
Probability
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Post by
Probability
on Apr 17, 2013 9:22am
Posco will counter
Korean's will counter and within 15 days I do believe
(0)
•••
Probability
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Post by
Probability
on Apr 17, 2013 9:08am
Boom buyout offer !!!
Not too shabby
(0)
•••
Probability
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Post by
Probability
on Apr 17, 2013 9:08am
Boom buyout offer !!!
Not too shabby
(0)
•••
LTGoldBull
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Post by
LTGoldBull
on Apr 17, 2013 7:02am
New IMIC Offer
Under the IMIC proposal Afferro shareholders would be given three options for receiving consideration in respect of their shares, namely: 80p in cash plus a convertible loan note of 20p, making a
...more
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