ANL - Amani Gold
- Thread starter sleeper88
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- amani gold anl burey gold byr
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Look a little weak at this stage, but that can change quickly, overall market pretty sad for now... Maybe a few profit takers as well. It has had a good run of late.
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Patience is a virtue
According to the quarterly report, the U play ann will come out in the middle of MAY. I reckon it won't be far away. Directors also bought the oppies last few days,which is a good thing. I'll give it till friday
. DYOR- Joined
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Anyone believe that the market has fully factored in the uranium option now ?
Could be that it wont move much further.
Could be that it wont move much further.
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Hey jovial isn't there a law that company directors cant make price sensitive announcement two weeks before and after they buy shares or options. That would mean the announcement wont come out till end of May
doctorj
Hatchet Moderator
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A listed must disclose price sensitive information as and when you have cause to do so (with respect to commerically sensitive information). Director purchases are not a reason to suspend their obligations of full disclosure.
The Directors didn't buy any options in the last few days as far as I can see. The last ann regarding the directors & oppies was the 2 for 1 issue that everyone recieved for owning the shares. Don't know how this affects the law KIWIKARLOS mentioned.
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That was me Just topped up with another 200k hold it up a bit not that it needs it easy money this one imo
happy days
Mobcat
happy days
Mobcat
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That was me Just topped up with another 200k hold it up a bit not that it needs it easy money this one imo
happy days
Mobcat
$60K, wow, now that is an impressive top up! And confident too...
A lazy $2,000 per cent movement. Now that is action.
Just curious though, and definately not wishing this as I am also a holder, but what would happen in a mine wall collapse like BDG, or a wall suring up earlier than expected like ZFX last year?
Do you insure against these instance with put options or something else?
Of course these events are very rare and should not happen, but do on occassion, and with the best miners too.
Please don't get me wrong, I wish you success, just curious? Cheers
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So all this price rise is on expectation of an announcement to exercise option to obtain these U tennements?
Does anyone know if the tennements are actually any good. I mean in WA the gov there is pretty much against U exploration and development.
Does it really warrant a re-rating of SP?
Does anyone know if the tennements are actually any good. I mean in WA the gov there is pretty much against U exploration and development.
Does it really warrant a re-rating of SP?
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Gundini if i worried about all the possible problems i would never buy a share in anything .........basicly i seen an op to buy a 200k parcel at a +-30cent average and i jumped it i am a major holder of BYR and i see may june and july 2007 being very positive months for the holders of BYR be it U spinoffs or gold results and atm things are just tripping along nicley with BYR a nice mix of spec appeal as well very happy to be holding
Happy Days
Mobcat
Happy Days
Mobcat
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Fair enough mobcat, and thanks for the reply. Being a minor share holder, I would consider this a very bullish purchase, especially being a top up!
I appreciate your insight on the stock. Might have a little top up myself.
Cheers
I appreciate your insight on the stock. Might have a little top up myself.
Cheers
Most of the tenements prospective for uranium are in WA.
Some of them look very intertesting indeed including the Kintyre JV with Mega Uranium.
At Lyndon, There are 5 targeted deposits, 1 of which after a small amount of follow up work had an estimated 700kt's@0.058%U = 770k lb's U (Pre JORC Code) with 4 more to test.
With the uranium sector still hot, I hope that BYR will soon announce that it will go ahead with the uranium acquisition. IMO the recent buying is likely to have due to speculation over the possible acquisition.
Although WA doesn't have the most favourable political climate at present, this hasn't stopped the prices of a number of WA uranium explorers from moving strongly upwards.
DYOR
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Actually their Sth Aust tenements are quite good in terms of Nearology,
1 is near AGs's Beverly 4 Mile Deposit
The other near PNN's Crocker/Mt Victoria Deposit
If they do a Uranium spin off then yes a re-rating is warranted because the SP could be 40c
I actually hope they do a U spin off and hold like 50% of the listed company,
Say raise $10m via 50m shares @ 20c and hold 50m shares itself as consideration for vending the assets, IPO should list at 30c = $15m NTA value to BYR for its holding
Anyway we'll have to wait and see
1 is near AGs's Beverly 4 Mile Deposit
The other near PNN's Crocker/Mt Victoria Deposit
If they do a Uranium spin off then yes a re-rating is warranted because the SP could be 40c
I actually hope they do a U spin off and hold like 50% of the listed company,
Say raise $10m via 50m shares @ 20c and hold 50m shares itself as consideration for vending the assets, IPO should list at 30c = $15m NTA value to BYR for its holding
Anyway we'll have to wait and see
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Agree YT i see a GPN style play could be on the cards here eg yrr auriam mzm but with real management and nowhere near as dodgey as gpn the market atm eats these up as GPN has shown latley all positive options for BYR that,s why i increased my holdings today i fell the big ann is about to pop the pressure is definetley building in this one dont ya love it
Happy Days
Mobcat
Happy Days
Mobcat
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The depth this morning looks solid, overall around 800K Buyers and 187K Sellers. With a positive lead from overseas, and potential encouraging ann to come, you would think today will be good for the stock.
If you want to be sure, get mobcat to do another 200K top up and it might just hit 36 cents
By the way, can't you get depth through your provider rocka1 ?
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Hi guys i dont think BYR needs me to hold it up it,s doing fine on its own looks good on opening this morning ..........The million dollar question is when is the ann coming i would at a guess, because it is such a price sensetive ann i wouldnt be suprised if they put a trading halt on BYR on friday with the ann on monday lets wait and see hey ...........all good atm hang in there
Happy Days
Mobcat
P.S maybe we should show a bit of leg again at 50 cents worked last time LOL
Happy Days
Mobcat
P.S maybe we should show a bit of leg again at 50 cents worked last time LOL
Rocka1 the market depth still looks okay but I wouldn't read too much into it. IMO alot of the buying and selling in this stock over the last few days has come from off screen.
YT, nearology lol, that's good, lol.
