Poll

Lonmin @ 20c

I will buy R5,000.00
2 (20%)
I will buy R10,000.00
1 (10%)
I will not buy Lonmin
6 (60%)
I will buy Lonmin if I can use Orca's money
1 (10%)

Total Members Voted: 9

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Author Topic: Lonmin  (Read 10833 times)

jaDEB

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Lonmin
« on: December 14, 2015, 03:20:46 pm »
Pick please.....  :question:  :TU:
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jaDEB

If it scares you, it's a sign you need to do it

czc

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Re: Lonmin
« Reply #1 on: December 14, 2015, 05:47:56 pm »
One does not buy Lonmin. Not even with other peoples money, not even for you worst enemy.

I can't picture a high cost producer surviving in this market.
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Orca

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Re: Lonmin
« Reply #2 on: December 14, 2015, 06:09:08 pm »
I will lend you the money only if you short it. ;D
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I started here with nothing and still have most of it left.

letlhogonolo

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Re: Lonmin
« Reply #3 on: December 14, 2015, 06:29:36 pm »
I would be willing to take a chance at about 9 cents per share, but certainly at this price. I would also wait until after the consolidation to try to see if there are still traders shorting the stock before putting any money in lonmin.
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letlhogonolo

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Re: Lonmin
« Reply #4 on: December 14, 2015, 06:32:34 pm »
Investing in Lonmin at present is pretty much gambling. I think they've secured enough financing to make through 2 or 3 years. Beyond that if low platinum prices persist, it's difficult to see how they will survive.
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jaDEB

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Re: Lonmin
« Reply #5 on: December 15, 2015, 11:57:29 am »
Thanks for voting and help me make my decision.

 :TU:
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jaDEB

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letlhogonolo

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Re: Lonmin
« Reply #6 on: December 18, 2015, 10:00:25 am »
Lonmin shares have been consolidated. It'll be interesting to see what happens now.
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LittleBT

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Re: Lonmin
« Reply #7 on: December 18, 2015, 10:15:58 am »
guess we will need to adjust the lonmin price and share holding in the competition aswell...to reflect the consolidation.....
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Patrick

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Re: Lonmin
« Reply #8 on: December 18, 2015, 10:24:37 am »
Quote from: Dolf on December 18, 2015, 10:15:58 am
guess we will need to adjust the lonmin price and share holding in the competition aswell...to reflect the consolidation.....
Yes, do you have a sens link I can check on?
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LittleBT

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Re: Lonmin
« Reply #9 on: December 18, 2015, 12:15:05 pm »
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