"What do you think it's worth, and are you buying it up at $5? If not, then you don't really think it's worth more"
I call those who praise but do not buy, oxen. Bulls without balls.
Why? Please do not cite SA unrest, auto sales, Pd deficit as we have gone thru 4 years of those "reasons" and PD flat. TY
What's your point. Has given back all the gains. The debt holders own MCP now. Debt for equity swap recap will make that clear with current stockholders severely diluted if not wiped out.
I agree - look at the dollar volume, not the share volume. Some "buying" may be short covering. Expect price to fall as 6/30 approaches. .03x soon.
BEAV growth is single digits in 2015, but its as clear as the nose on one's face that BEAV will enjoy
the growth the split was designed to liberate, once the Airbus & Boeing new generation jets start
rolling off the production line in large numbers."
I don't see how the split creates growth. IMO BEAV growth is determined by the growth of airlines requirements as you point out. Nothing to do with split.
".do you now feel that the parts you were so happy with on May 2, 2014 are now not worth owning"
That's correct. On that date BEAV was growing double digits and oil was pre-collapse. KLXI earning 5/20 BMO.
The jury is still out.
BEAV 5/02/14 88.96 (Before spin-off announcement) vs today 61.46 + 21.35 = 82.81
Do you think BEAV would be below 82.81 if no split? I think would be in 90's. I think there was a symbiosis between the two halves - clearly we differ there - you believe was parasitic
I still have 1000 BEAV (basis $10 in a taxable account) and sold 3000 (basis $3+ in non-tax account). I think BEAV sideways (+/- 7) for maybe 18 month. Will be interested in how their div increase history develops.
Meanwhile AMNF moved up some and trading sideways now. Next div announcement 6/12 - I expect no change. Increase maybe in Sep.
I think you are misunderstanding what the TBM function is. It is aTUNNEL boring machine used to make long tunnel to connect to Blitz. It has nothing to do with day to day mining of ore or mining productivity. Once the target area is reached the TBM can be disassembled and used elsewhere. Normal stope development and mining then begins. So to compare SA mining activity with many men to 6 on TBM makes no sense as the TBM is not "mining".
Touchy, touchy. Just put me on ignore. Once again I don;t care about your thought process (if any) or your comments. Just trying to keep others out of this disaster. GL
Has anyone seen any estimate of the sales that would be generated by Siemens deal. Until you see that don't count on it to make much of a difference.
I find it hard to believe SWC would propose a pay cut. IMO unnecessary and inflammatory. They (both parties) are going to turn this into a lose-lose.
I don't give a damm about what you do, but what unsuspecting others might do. I will stand with the DO NOT ENTER sign until this stock goes under .01. And what does 68 have to do with it?
If no better offer comes by 6/30, PAL will issue (many) additional shares to BAM and to db holders so that BAM will hold 92% , the db holders 6%. That will be around 2B new shares. The current stockholders will own 2% (compared to the 100% they own now). Concurrent with the issuance of the new shares trhere will be a reverse stock split maybe in the range of 1:10 to 1:50. There is no "buy-in" as such - full BAM and db debt will be swapped for the the additional shares outlined above.
- no BAM or db interest
- PD rising to 850-900 USD
- increased grades
- TMF liner problem fixed and mill can restart soon
they might, repeat might, show a profit. But current stockholders will own such a small part of the company that it won't matter.
However: From website/operations/blitz
"It is estimated that production from the Blitz development will commence in late 2017 or early 2018."