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I took my "gamble" a week ago with a £3.5k average-down. That said, I almost purchased another £1k yesterday, as the Sells looked like Buys to me. Are recent buyers in the know or are we all investing in dust? Hopefully, all will soon be revealed!
GLA
After weeks of nothing , plenty of buying today ,,,,
short6. I know, but when dealing with Louis Coetzee, it appears to be the best I can expect data wise.
ATB, FG
That's not a very sound investment case is it ForrestGump?
But good luck.
Just averaged-down with the purchase of another £1.6k of shares. The reason? Somebody is buying. Methinks somebody knows something. Here's hoping!
GLA
I know that I'm hogging the message board, but someone's got to do it.
Averaged down with another £1k's worth today, solely on the strength of our mystery £4k buyer. Got me thinking that Paul Johnson of POW has plans on spinning the miss at Haneti in a similar vein to Molopo Farms. The only stumbling block being the ever loverble Mr. Coetzee!!!
GLA
I'm assuming that the same buyer has added to his £4k purchase of yesterday. The question is - Why?
My money is on LC trying to rouse some interest in our dead horse. Buy who knows?!?
GLA
Normally, it's no news or bad news on Friday. I'm interested in seeing if LC actually releases an RNS today - a positive one - after somebody bought 1.5M shares yesterday. Here's hoping!
GL to all those that are foolish enough to still be here!!!
FG
LS. I'm well under water here, but watching someone buy 1.5M shares tempted me into averaging down with two £500 buys. Hopefully, I'll see some bang for my buck.
ATB, FG
Cannot see this going down much further with Haneti, Blyvoor, nominal value 1p and being a £1-2m m/c.
Note there is no stock available in size at these levels, £500 moves it to mid .3's....any positive news from Blyvoor this goes quickly back to 2p IMO.
market cap £1million! Shambolic. If it goes down much further, I will just buy this myself and boot Coetzee out myself.
Update please for your shareholders! The people that pay your wages !
Coetzee, lets have an update. Nothing of any use since end of May.
Lets start moving this company forward, or step down, and put in place someone who can!
A real possibility here. Ceo is a conman. Lifestyle company this is all it is. Serious think about saving what little you have left here even if ur down its better to take something back than nothing. Louis will drive this co. Into the ground then just start another company to fund himself
Is blyvoor still on ?
Blyvoor remains a substantial gold asset, especially in light of the current gold price upsurge, with a clear path to commercial development clearly indicated, Katoro continues to explore funding options to enable it to construct a mine and put Blyvoor into production as soon as possible.
On its Tanzanian projects, Katoro completed two phases of drilling on its Haneti Nickel-PGM Project in which it holds a 65% interest. The results from a first phase comprising 1,965 meters of rotary air blast drilling completed in April 2021 gave sufficient encouragement for a follow-on 900 meters diamond drilling programme which has recently been completed (February 2022), the results of which enables Katoro to refine the geological modelling and vector in on target areas for next stage work. Katoro also recently announced in March 2022 that it has regained a joint venture interest in the Imweru Gold Project in Tanzania which it had previously sold. It has now cancelled the sale and restructured the transaction as an incorporated joint venture with the previous purchaser, private Australian company, Lake Victoria Gold, to develop the gold asset. The joint venture provides for Lake Victoria Gold to earn up to 80% of the project by arranging all funding, while Katoro retains the remaining 20% as a carried interest.
£1m market cap......
No one tempted.... cos note is happening.....
Drift ...until something to look forward too
Come on Luis..... Rally the troops...
Look at this share price. Down from 1.20. To just 0.25
absolute state of this co..... what a joke!
Not sure what options there is now for Kat , gonna be hard to pull this out of the bag now
Might Paul Johnson of POW had a chat with our man, Louis?
Verbal interview - no video feed.
https://www.youtube.com/watch?v=71GNzuKFdXY
Nothing of real value IMO but next steps appear to be:
Interpret, digest, the drill results.
Two prong approach going forward - Nickel (revised) & Lithium.
Have another look at the geology. Whatever that means.
I'm obviously hoping that further exploration work will take place. But as said previously. What remains of my shares are likely going to be diluted down to dust.
GLA
HD. Thanks. We can only hope and pray!
ATB, FG
Thanks Forest. It was a great interview by Paul Johnson - shame we didn't get anything as informative from Louis. It sounds as though they just missed the sweet spot but there is potentially still some good resource, you just cant expect to hit the motherload on the first drill!
Sorry to hog the board today, but just to add my apologies for writing misinformation, but KAV's GRS target is in the Kalahari Suture Zone, Botswana. I'm a KAV investor, so should have known much better. And this definitely isn't some form of cack-handed plug. That's me out of here.
Just watched Paul Johnson's take on things at Haneti.
https://twitter.com/StockBoxMedia/status/1531730132041453568?t=MmCB9slUW1JlZhUzbprYVA&s=19
He gave me the impression that the failure to find any Nickel could be the first of several attempts. He didn't mention it, but his friend, Ben Turney, of KAV failed in the first attempt to hit the Great Red Spot in Australia, and it seems that he wants another crack at Haneti. I did get the distinct impression that Mr. Johnson intends to give Mr. Coetzee a big kick up the backside regarding further comms, etc. I invested £5k in POW and £32k here, methinks that I got my allocation the wrong way around. Anyway, maybe all is not lost. If we are lucky, there will placings, and dilution, but it's seems still possible IMO to make some money here.
GLA, FG
It appears that I'm going to lose £32k here and, unfortunately, I'm not likely to be the only one. Is it worth me selling before Mr. Coetzee brings the curtain down on this mining misadventure? Not really. But I can't see how he'll be able to raise any funds on the, potential, promise of some Lithium. Mr Coetzee well and truly stuffed-up with Blyvoor, but we can't blame him for Haneti.
We tried, we failed. Hopefully, it's a case of all us PI's being down, but not out!
All the best, FG