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How do you justify if IHC is profitable?
teeth53 ( Date: 03-Aug-2013 19:53) Posted:
| IHC - A growing medical tourism stock... |
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So what does this mean?
Peter_Pan ( Date: 03-Aug-2013 12:11) Posted:
Cash call for Karara ramp-up
Gindalbie Metals says its half-owned Karara project has produced its first premium-grade concentrate, but the magnetite mine could need millions more from China's Ansteel before it is fully operational.
Managing director Tim Netscher said yesterday Karara had produced its first 68 per cent magnetite concentrate. But commissioning delays had forced Karara to again push back a deadline for sustainable production at its target 8 million tonne a year production rate, which will now not occur for at least another two months.
Karara costs an estimated $60 million a month to run. It will almost certainly need to call on Ansteel for additional support before it becomes cash-flow positive.
Mr Netscher would not be drawn on how much extra cash would be needed to carry Karara through to full production, saying the vagaries of the ramp-up process and difficulties in predicting iron ore prices made it impossible to judge Karara's revenue over coming months.
"It's difficult to speculate on any shortfall," he said. "But Ansteel is committed to funding that shortfall, which will be in the form of project loans, which in due course will get converted to bank loans."
Delays have already forced its owners to inject more than $200 million in working capital so far this year, the bulk in loans from Ansteel.
In June, Gindalbie gave up the right to buy out loans extended to Karara on its behalf by Ansteel and allowed the Chinese steelmaker the right to move to majority ownership of the project by converting some of its debt to equity.
Karara is also fighting with a number of its contractors. That includes a $55 million claim from Singapore-listed AusGroup, which claimed in the Supreme Court in June that Karara had been withholding payments since March.
Mr Netscher said Karara was still in dispute with about four other contractors but said the figures involved were "significantly lower" than the AusGroup claim.
"We've finished a $3.2 billion project," he said.
"We have as a result of that - and this is quite normal - about 10 different disputes going with different contractors. About half of those are resolved already - perhaps one will wind up getting resolved in court, the others I'm confident will get resolved out of court.
"There's nothing abnormal in that. We've perhaps taken a slightly harder line than others would take - we have insisted on getting performance and where it hasn't happened we've raised a dispute." |
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For HMC, collect at 0.073 or wait for further break down?
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How high will it soar?
Genset ( Date: 22-Jul-2013 22:42) Posted:
| It will soar like an eagle. |
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What is curbing?
teeth53 ( Date: 23-Jul-2013 08:31) Posted:
Hear anything on curbing. Read on others web, forumers posted, it happen to Mirach....Anyone care to share?.
teeth53 ( Date: 22-Jul-2013 17:30) Posted:
Between morning (am) of - 09:42:00 hr, and after 17:05:00 hr. Oni one deal is closed @0.300 cents.
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Up more up more! Wahaa
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BBS may surprise everyone by pushing up further later ttoday? Same pattern last Friday. Cheong ah!
teeth53 ( Date: 22-Jul-2013 09:26) Posted:
Today volume seem to suggesting distribution starting above 0.30cents. (@0.305c n @0.310c -13.2mil shr sold while oni 3.4mil shr bot.
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Touch 0.31! Will it go up to. 0.4?
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wah.. you must have bought 200K-300K of shares bah.
sengsk ( Date: 20-Jul-2013 23:31) Posted:
STRONG resistance at 0.27
Had pullout all mine at avg 0.26
Collected ~35k profit and hopefully wait for the pullback ~0.18 and consider buy back or else will look out for other stock liao.
( Just personal view )
Cd: px66b3x2
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Care to explain?
LoveToInvest ( Date: 20-Jul-2013 21:14) Posted:
Don't bullshit la..Kenna trap retailer let BB's hold cash to short it down..Powerful sia!!!
happyharvest ( Date: 20-Jul-2013 20:23) Posted:
| 40cent on Monday lai liao. Lai CNA! Jia you |
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40cent on Monday lai liao. Lai CNA! Jia you!
lawcheemeng ( Date: 20-Jul-2013 20:07) Posted:
fly me to the moon......and let me play among the stars......and let me see wat spring is like in jupiter and mars..........cna i love u.........hehehehe.........i will wait till u fly to 60cts.........hehehehe.........(all my dreams only hor)
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It may surprise everybody by going up further!?
Tempest ( Date: 19-Jul-2013 16:40) Posted:
| Shld short this counter next week! Haha |
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You mean there may be more upside next week?
LoveToInvest ( Date: 19-Jul-2013 16:20) Posted:
Don't think I want to short this.I guess same BB's but in different stages of entering or exiting are buying n selling in different stages.They squeezing our $$$
happyharvest ( Date: 19-Jul-2013 16:10) Posted:
| Going strong at 0.255. Omg! |
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Going strong at 0.255. Omg!
LoveToInvest ( Date: 19-Jul-2013 16:08) Posted:
This 1 better be careful..BB's really super rich.It can up and down 10-15 pips on average within 15 seconds, and if u don't set entry n exit within this time frame,we will be burn CHOW TA..:)
explosive2013 ( Date: 19-Jul-2013 16:04) Posted:
| why still going up??? any clue ?? |
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Time to sell?
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What was the previous placement price?
retsel ( Date: 19-Jul-2013 01:18) Posted:
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The last time it had placement shares, it rocketed to 20+c! |
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News out. Proposed shares placement
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what's the rationale for selling on Monday?
Zokune ( Date: 05-Jul-2013 18:31) Posted:
time to sell on monday... |
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The black super long bar quite scary. will it try to suck in more buyers again and dump the shares later?
cycy818 ( Date: 01-Jul-2013 12:59) Posted:
| IHC share will be distributed soon. Will Healthway share up again??? |
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So what will happen after halt lift?
ace333 ( Date: 02-Jul-2013 00:22) Posted:
to me its the same news ann in march only more specific now.........LOL
Octavia ( Date: 02-Jul-2013 00:01) Posted:
Why halt just for a 5yr MOU?
Smell fishy.What will investor react when halt lifted?? |
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