The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Risers now on the leaderboard....momentum building up nicely .....primed for a break out
Climbing up the leaderboard
Now
This week
Now
On the leaderboard now
6 would just be a bagger. Multi would be 9 or more.
Expect this to be 6.00 next months... multi-bagger
Ria plays their own little game which can be ignored. But do you have any of your own relevant thoughts on the outlook here, davey50?
That's it Ria, pretend you still hold and wheel out the false ramps after it tanks. I saw the 2 x 30k get dumped one second apart when you were in pump overdrive
Week....great time to buy.....multi-bagger in the making
Yes, it is very disappointing, R80m is about £3.4m. So the question is why has this drawdown been done?
Options..
1. Production is going ok but payments for sales have a significant lag ( the hoped for option)
2. Production is not going well, probably unlikely due to recent seemingly successful ramp up.
3. Quality issues are so bad they are not getting much for the product. This is a possibility, but surely they should have mentioned this at last 43k sale if this was still the case?
4. They are spending a bucket load of money on Hinda project engineering design and are prioritising speed over cash flow from Elandsfontein. This is a possibility, there is real pressure in the Congo to get the project moving if they want to access port and power facilities. If they don't move fast the may lose the infrastructure options to other companies..
Hopefully we will get a clearer picture of all this on Friday with the update. This drawdown has introduced some uncertainty but I am still confident that Elandsfontein is ramping up ok. Just need confirmation on sales and especially product quality. My suspicion is that this is a temporary cash flow problem (sales income lag) plus heavier spending on Hinda.
Disappointing another drawdown made...
Agree allthatstuff..... great time to be in here and buy - multi-bag to 7.5 -8.00 coming soon
Expecting good production news and Hinda update on progress/ financing.
Target: 12-14p on 50ktpm or more production
Https://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=KRPZ.L
Nice link allthatguff
For KRPZ... so excellent time to buy
Yes excellent news allthatguff
The proposed Hinda mine will use Pointe Noire port for export so this is excellent news..
https://www.thenationalnews.com/business/economy/2023/06/20/ad-ports-signs-30-year-agreement-to-manage-and-operate-congo-terminal/
"AD Ports Group, the operator of industrial cities and free zones, has signed a 30-year concession agreement with the government of the Republic of Congo to manage and operate a multipurpose New East Mole Terminal in the city of Pointe-Noire."
Up 19 percent ....closed in the top 10 risers for the day and 4.5 paid at close expect a strong open tomorrow
Https://firstphosphate.com/phosphate-industry/phosphateprice/
For KRPZ....Great analysis given today
KRPZ has broken 200 day average....new up trend.....bullish ......ADX Strong... buy rating given
So far, i expect a better afternoon and should be heading toward 5.50-6.00 later today with a bit of volume