YML - Yilgarn Mining
- Thread starter yogi-in-oz
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Kauri
E/W Learner
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Mozart56 said:
Being the 21st.. 
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Just a heads up to all YML holders:
37 page report slipped into the announcements late last night. Some light reading for the weekend.
Cheers
Serpie
37 page report slipped into the announcements late last night. Some light reading for the weekend.
Cheers
Serpie
Wow - not even on Comsec yet. Cursory glance reveals more of what we already know, however there appears to be some more definitive information on the quantum of both the Nickel and Fe reources. Now the accountants amongst you can better calcuate the PV. Are we all rich?
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Nickel was the only metal that didn't drop on the LME yesterday. Positive for YML on Monday.
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Mozart you wouldnt hear me complaining!
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Been very busy, will do so soon,
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Another 100k shares bought by directors on-market. Encouraging.
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More Director buying
Director bought 100,000 shares at 22.5c/23c
We should tally the recent spate of dircetor buying to show just how uch has been happening,
I keep saying it but directors only buy for 1 reason
Director bought 100,000 shares at 22.5c/23c
We should tally the recent spate of dircetor buying to show just how uch has been happening,
I keep saying it but directors only buy for 1 reason
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Date Director Amount Price Total
12/1/07 Ross Ashton 100,000 25c $25k
23/1/07 Ross Norgard 174,000 22c $38k (note off mkt not included)
25/1/07 Ross Norgard 26,000 21.5c $6k
1/2/07 David Burt 100,000 22/23c $23k
So in total 400,000 shares bought over last 2 weeks at total cost of about $92k with NO SELLING only 1 off-mkt transfer between accounts
Very positive IMO that directors are buying up at this level
12/1/07 Ross Ashton 100,000 25c $25k
23/1/07 Ross Norgard 174,000 22c $38k (note off mkt not included)
25/1/07 Ross Norgard 26,000 21.5c $6k
1/2/07 David Burt 100,000 22/23c $23k
So in total 400,000 shares bought over last 2 weeks at total cost of about $92k with NO SELLING only 1 off-mkt transfer between accounts
Very positive IMO that directors are buying up at this level
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YOUNG_TRADER said:
Hi Y_T, Continuing to be very interesting. A bit like the race horse in the stalls bursting to get out and all the owners putting their money on their own charge.
noirua said:
If it keeps going like this, then only the Directors will own the company! Makes you wonder where the SP would be if they hadn't bought too. Seems a reasonable percentage of the volume over those days... but then again it has always been a thinly traded stock. You get a sense that it is on the precipice of greatness ... or could it be that the Directors have it wrong?
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Mozart56 said:
Just wait till March/April
-Carr/Boyd Feasibility finished
-Marilliana follow up drilling
Between now and then there will be
- Updates re other projects
- Update re very large Irwin Laterite Nickel JV
- More Director Buying
With the stock having strong support at 20c (ie theres always 400k+ buying at or above 20c) I see now as a good time to TRY and accumulate stock, because come March/April YML will be in the spotlight
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Mozart56 said:
You do the math of the 3 project NPV's and then decide
