The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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On the move with a few trades already. We are UP to 0.576 v 0.588p
Encouraging to see the last few buys at full ask. Lets hope for news on TK or from SA next week....
HtTps://www.zerohedge.com/markets/gold-warning-us-or-running-markets
htTps://www.newswire.ca/news-releases/allied-gold-announces-positive-exploration-results-at-kurmuk-s-tsenge-gold-prospect-and-new-oxide-discoveries-at-sadiola-supporting-the-company-s-objectives-to-extend-mine-life-and-increase-production-817591888.html (Ethiopia mining)
htTps://www.youtube.com/watch?v=FLSEq-Jbfck power metals (looks like listing of Saudi element still going ahead)
British Bulls has joined the list tonight with a BUY ...............
KEFI 0.575 +0.009 - Signal Update
Our system’s recommendation today is to BUY. The BULLISH ONE WHITE SOLDIER pattern finally received a confirmation because the prices crossed above the confirmation level which was at 0.566.
Market Outlook
The bulls have strong evidence on their side and this evidence prompts us to make a bullish bet. Today’s candlestick has a white body and its close is above the confirmation level. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. It is probably the right time to be part of this boost and bullish market sentiment. The market is telling you about a new profit. Do not miss this chance.
Sp starting to do it's business.
Could be an interesting one tomorrow?!
Someone is buying a large amount but decided to split it on lots of 870K, but every time has to pay more or fewer shares as is buying on a fixed amount £5,000 X 4 = £20,000 invested
15:46:12 0.572 874,126
15:47:16 0.573 871,992
15:48:58 0.574 871,080
15:49:40 0.574 871,080
There was a podcast from VOX market earlier ....
https://www.voxmarkets.co.uk/rns/announcement/38e6c4af-2623-4c6d-937b-561d7532bb18
Above 0.57p, shown in red, are buys. 0.562p to sell....
Thanks Nick.
The last £20k trade utilising this years ISA allowance to protect the 'expected' profits from CGT....
Re - someone
Someone knows his onions better than you is the clue
Now someone like you I call them B@@stard ( sick000000)
Impressive CV FiveCandles. Due to your modesty, many readers won't know that aside from your business career, you worked as an astronaut and nuclear physicist after an illustrious footballing career with Barcelona. How you managed to translate the complete works of Shakespeare into Swahili during one of your rare weekends off I'll never know.
Moving swiftly on, for what it's worth TW exchanged emails with HAA on Monday evening and, whilst he is not inside, he is completely relaxed about Kefi. He added that if there were any changes to the RNS released on 25th March (extract below) there would have to be an announcement and, as there hasn't been, then everything can be assumed to be on track:-
"I can also advise the Company has received confirmation from the co-lender Africa Finance Corporation ("AFC") that its approval processes are underway and progressing well for its-intended US$95 million investment, which would provide the balance of the required funding for Project launch”
More fluff to bolster the sp. We can have all the DFS's in the world until one penny has been signed it means nada.
Slowly but surely is going to go further up
The least buy 1,75K
10:10:04 - 0.571 - 1,750,000
News is (over) due here from both Ethiopia AND Saudi....
Maybe bought in recently and wants to ramp the share price. Not that it ever happens here.
Strange but true is going UP again 0.566 v 0. 58p
Never mind the early UT at 0.55p showing on the Intraday chart
note : Kefi is an order book stock and always shows the last UT
Minor shunt, hope they don't sign before by GTC order at 0.566p gets snapped up.
The sp has been shorted so much that any technical analysis is skewed. Yes, metal prices have increased, but means nothing without production.
We all know or we hope, that the only means this sp will rise is when funding is announced.
My chart last night.... Starting a new life in the charting front
chart with comment ... https://uk.advfn.com/p.php?pid=chartscreenshot&u=2Z5hrFermRRKwulNEjanhl7XmAW6CvhesbXsztYaXGM=
International director, no less.
FiveCandles, thank you, that's given me the best laugh on these boards for a while
FC - genuinely no offence intended, but it's kinda tough to believe you were a finance big-wig, given your behaviour over the last week or two. Credible people generally don't act in the manner you have.
Qnard, i was international business director for a Swiss Blue chip for over 20 years so i have more than a tad of knowledge of these matters,i would be interested to know what you personally think is the actual cause of delay because due-dill is normally carried out before agreements are "agreed" ? for example if one of the financial partners has an issue they not happy with and our CEO has not divulged that information to the market it would constitute market abuse . However if that financial partner was ok with all the technical details of the agreement but had a "personal issue" with someone involved in the wider agreement ,that is a grey area. Hence why i pose the question.
Thoughts ??
Fivecandles, I work in finance, I know and see the variance in the due dillgence that is performed by different institutions, it's governed by their risk, compliance, governance and internal audit teams. If something is missed or not completed and you don't have another committee for a month or even a quarter, stuff won't move. The DD will take as long as it takes, as for another posters comment on using the DD from another institution, God! That's just given the heads of all the teams I mentioned a seasure and whoever does it a one way ticket out of the door...