Australian (ASX) Stock Market Forum

ANL - Amani Gold

Oh well this is the buissness we choose to be in some times it,s painfull sometimes it,s joyus and sometimes it,s just down right frustrating.
But one thing i have learnt is not to come to rash conclusion and let the company sort out the problem and be thankful that us as shareholders dont have to be the ones answering the phones for this pack of useless pricks and guys it could be worse you could in my shoes i have $790K tied up in byr so their is allways some one worse off LOL chin up every one long as the sun comes up tommorow i will be happy and lets not forget the reason we are all here for pure greed dont you just love it;)

mobcat, Mathew Walker who is the top shareholder of burey

Astor, If you look at mobcats $790,000 worth @ 25c ?? I think you will find he is either Mathew Walker or maybe the new top shareholder of Burey??? ;)
 
I think it will take a while to fully digest all the contents, but the ann looks great to me. Check out some of those near surface grades at Jailor Bore, BYR reckon between 35 - 540 000 tonnes at between 680 - 1200ppm.

Can someone work out how many lbs that is? I did a rough estimate at nearly 9 million pounds. Can someone confirm, as I think I am incorrect. If thats juts for one of the prospects, then bring it on..!:D

Early days tho, lets let th emarket decide (puts on sensible hat).
 
Dont worry I am not Matthew mine are spread over a few family accounts .........if I was I would of kept us a little better informed looks like the hold up was a tenaments issue mixed with the curly tops and greed but reading between the lines all in all a good ann for the company..........worth the wait well lets wait till the close hey:)
 
Holy crap mathew walker watch out!!! lol. Hats off to you mobcat thats a huge position. Agree, overall think the announcement is positive. Will be interesting to see how burey management gets on with the real business in the next cpl of months after (seemingly) dealing with protracted legal issues.
 
My fundamental analysis on this stock still stands, but I have lost all faith in management and hence used todays strength to sell as I said I would, overall all ASF'ers following me on this should have made a profit with the stock and options of about 50%, so not a bad result for a stock which I consider to be one of my worst picks
 
I'm not going to bother ringing these people again. In 28 years of trading I have never waited so long for an announcement or an update. To be treated with disdain is pretty poor indeed. I'll wait for the announcement then take action from there. Lets hope that the wait was worth it.
DYOR
Yes, the wait ended up being worth it. The announcement regardinmg the acquisition was positive and the share price has reacted accordingly. At last check it was at 32c (up 12%) having reached a new high of 40c during the day.
DYOR
 
I tried to ring them today, but everyone was in a meeting and they would ring me back. 3 weeks BYR has been in TH/suspension. Was told last week that they would come out of suspension the middle of this week at the lastest. I hope the news is really good or I've got a feeling there will be a major sell off. I've decided to sell out no matter what (but will probably hold my options), if the ann is good and the sp runs first thats good I'll take the profits and run if not I will just sell. The capital could be better spent elsewhere with a company with whose management I'd have more faith in.

I sold out today for a decent profit, still holding the options but am now well and truely free holding them. I realise the sp could run a bit more next week but am happy with the profit I've made and plus I've still got the options. Just lost a bit of faith in the management (not happy with the way I was spoken too and with what I was told) but all credit to them they look to have pulled the deal off in the end with no real negative affect and the sp went up which is what counts.
Good luck to all
 
I sold out today for a decent profit, still holding the options but am now well and truely free holding them. I realise the sp could run a bit more next week but am happy with the profit I've made and plus I've still got the options. Just lost a bit of faith in the management (not happy with the way I was spoken too and with what I was told) but all credit to them they look to have pulled the deal off in the end with no real negative affect and the sp went up which is what counts.
Good luck to all

I have to agree with you there. The announcement was positive and was reflected in a stronger share price. However, BYR's poor attitude needs to change if they want to attract more shareholders. My family is no longer holding an interest. I'm sure a number of investors took the opportunity to get out today largely on the back of BYR's attitude towards its shareholders. Good luck to all existing holders.
DYOR
 
Well all in all a great day for BYR the company have achevied what they planned, all be it a bit long winded I too sold a parcel today as well we all need to take profits when the opportunity presents itself but the future does look rosie for share holders and we still have Guniea to be updated which was the main reason i first got on board BYR in the first place.
The u308 are hot property for BYR and very happy to have them in the stable........ it all atm equates to a 55% gain since IPO plus about 1.5million oppies @ 1 cent so I am a very happy camper atm thanks every one for the support along the way and I am about to crack a bollie and heres cheers to us all happy days :D:D:D
 
Well all in all a great day for BYR the company have achevied what they planned, all be it a bit long winded I too sold a parcel today as well we all need to take profits when the opportunity presents itself but the future does look rosie for share holders and we still have Guniea to be updated which was the main reason i first got on board BYR in the first place.
The u308 are hot property for BYR and very happy to have them in the stable........ it all atm equates to a 55% gain since IPO plus about 1.5million oppies @ 1 cent so I am a very happy camper atm thanks every one for the support along the way and I am about to crack a bollie and heres cheers to us all happy days :D:D:D

Congratulations mobcat for taking such a large position and sticking to it. Now you can start enjoying some small rewards I guess for having sold some today. Also thanks YT for alerting people to this one.
DYOR
 
You are dead right their Greggey it is the way i meet you guys by investing in BYR i stumbeled on ASF it has been great bouncing our thoughts off each other and it introduced me to ASF with ERL and getting on board some of YT,s exceptional researched stocks has sure proved lucrative heres cheers to ya YT you are a investment dynamo just starting to power up good on ya cobber and keep it up:bananasmi
 
Well all in all a great day for BYR the company have achevied what they planned, all be it a bit long winded I too sold a parcel today as well we all need to take profits when the opportunity presents itself but the future does look rosie for share holders and we still have Guniea to be updated which was the main reason i first got on board BYR in the first place.
The u308 are hot property for BYR and very happy to have them in the stable........ it all atm equates to a 55% gain since IPO plus about 1.5million oppies @ 1 cent so I am a very happy camper atm thanks every one for the support along the way and I am about to crack a bollie and heres cheers to us all happy days :D:D:D

Well mobcat you deserve your drink. I said a few days ago I would sell my holding when they started trading again but when it came to the time I only sold 1/2. Theres no doubt its a positive announcement and outcome but I maintain, as others do, that the attitude needs to change for the future to be rosie. These people are using our money and they should be respectful of that when investors ask questions. Mobcat, with the size holding you have or had you must be able to get into the managements ear to a degree - tell them there needs to be more communication. I accept they must have had a difficult task negotiating this deal but they could have keep investors up to speed.
 
Yep, i followed you YT (seems to be becoming a habit), sold out oppies just after opening. Took a decent profit, which was good. I might yet rue the day i sold, like not buying into carnavale (same people, same office), but i just dont like the way they have been treating shareholders.

Serioulsy though, good luck to those that hold, at the end of the day, it probably is a very good deal.
 
Well mobcat you deserve your drink. I said a few days ago I would sell my holding when they started trading again but when it came to the time I only sold 1/2. Theres no doubt its a positive announcement and outcome but I maintain, as others do, that the attitude needs to change for the future to be rosie. These people are using our money and they should be respectful of that when investors ask questions. Mobcat, with the size holding you have or had you must be able to get into the managements ear to a degree - tell them there needs to be more communication. I accept they must have had a difficult task negotiating this deal but they could have keep investors up to speed.

Gday wdw i had i felling we may of been having this chat and iam so glad we are atm as i have said before if you want to blame any one re delay blame the curly tops not the management they give me the shiits allways have in biz give em a sniff and they will suck your guts out given a chance and they will allways take things to the 11th hour thats how they make there money on these deals you think how many deals like this go down every week mutiply this by about a thousand billable hrs you can see where i am getting .................where is all they really have to do and all they really do do now days is cut and paste contracts and get the secretary to fill in the gaps it,s the biggest con going imo but who,s to argue because all partys are allways happy in the end and all is absorbed into the profits every ones a winner in this case so to speak .................any way enough BS good on mate for only selling half i to can see it being a nice little earner in the next few months can wait to see it pan out i will sell into any stregth over the months to be free carried on this one but i will wait for a guinea update to do so ..............allways hard to sell down with large holdings with out a plan of attack imo :cautious:

So here i am WDW on my own at home after making a shiit load today and my wife and son have gone to melbourne shopping and visiting freinds for the weekend oh well i suppose i can afford it atm :D any way i might pop another bollie and toast us all again quite a strange toast on my own and evrything get my drift but iam enjoying it all the best every one chheeers:D:

P.S hope all that made some sense bit pissy atm:D:eek:
 
Hey guys I think the collective has just cost us a s load I just did some # and I sold 400k today to grab some fold but if I wasnt in the know so to speak as we all think we are I might not have........... how many of us sold today alot??? MAYBE WE MAY HAVE JUST CAUSED THIS SELL DOWN???????? Only monday will tell if we have done ourselves a disservice ......just a boared and half cut mind running wild atm but food for thought the last thing I am here for is to lose money think about it fair call I think in hindsight whats every one elses thoughts ??????:rolleyes:
 
Hi Mobcat,

Yes I agree with you to a point. However, I feel that a lot of traders sold out yesterday in response to how their queries were treated by management.
Yes, the uranium acquisition is very positive. I would definitely still be holding if BYR's management were more responsive to shareholder enquiries. But it seems as if they just kept us all in the dark for far too long.
Also, when you think about it, there was a fair degree of selling yesterday, but this was swamped by the amount of buying going on resulting in a higher share price.
Good luck to all shareholders.
DYOR
 
Hey guys I think the collective has just cost us a s load I just did some # and I sold 400k today to grab some fold but if I wasnt in the know so to speak as we all think we are I might not have........... how many of us sold today alot??? MAYBE WE MAY HAVE JUST CAUSED THIS SELL DOWN???????? Only monday will tell if we have done ourselves a disservice ......just a boared and half cut mind running wild atm but food for thought the last thing I am here for is to lose money think about it fair call I think in hindsight whats every one elses thoughts ??????:rolleyes:

G'day Mobcat,

I do agree with you, there is every chance that the sp could go higher over the next few weeks, and imo we are yet to see the full extent of the markets reaction to the ann. But I doubt only ASFer's caused the sell down on our own, imo there was always going to be a bit of selling once the ann came out.
I had a fair bit of my trading capital tied up in this one and the long suspension cost me a few opportunities and I wasn't overly happy with the answers management gave me. As far as costing ourselves money you may be right but I'm happy with the profit I've made and like I said I've still got my oppies and now no risk involved so if the sp does rise I'll still be a happy man.
Good luck to all.
 
I sold out yesterday too. The reason is im expecting this to dip a little further as more punters who may have missed the opportunity sell down next week. Hopefully I wil be able to reenter around the placement price but if not im not too fussed really, i'll keep my options and put the cash into something else.
 
Wooooooo tied one on last night!!!!!!! for a casual drinker i think graduated to the pro,s last night i fell like shiit today and im home on my own .....nobody is here to fell sorry for me what a bummer ......a bit of smelly old pizza for lunch has got me on the mend atm :bad:

Any way all in all a good night just read my posts am amazed they made any sense at all .....so we seem to agree that the collective knowledge base may of cost us some fold but in the bigger pitcure dosent matter hey with a clear head this morning and given some thought you no what could of been unreal would be if the company had of made the ann friday and not started trading till say 1pm on monday give the market time to spread the news and build ansisipation oh well we have what we have and iam happy atm cant wait to see what head office can come up with to add value to our company .
Have a goodweekend all might have nice cleansing cup of tea cheers :)
 
Wooooooo tied one on last night!!!!!!! for a casual drinker i think graduated to the pro,s last night i fell like shiit today and im home on my own .....nobody is here to fell sorry for me what a bummer ......a bit of smelly old pizza for lunch has got me on the mend atm :bad:

Any way all in all a good night just read my posts am amazed they made any sense at all .....so we seem to agree that the collective knowledge base may of cost us some fold but in the bigger pitcure dosent matter hey with a clear head this morning and given some thought you no what could of been unreal would be if the company had of made the ann friday and not started trading till say 1pm on monday give the market time to spread the news and build ansisipation oh well we have what we have and iam happy atm cant wait to see what head office can come up with to add value to our company .
Have a goodweekend all might have nice cleansing cup of tea cheers :)

Hi Mobcat,

Good for you. Its great celebrating when you have a decent win. But the after effects can last for a day or two.
I originally bought into BYR on the back of the looming uranium acquisitions. Its quite a portfolio they have there and purchased at a very fair price. If the uranium boom continues BYR may decide to spin off these assets down the track and become a pure African gold explorer.
DYOR
DYOR
 
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