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Some positive commentary from Doc H on twatter. Reassuring at the least

Any feasibility that this could be a target for - and part of - the RTO of Equitorial Palm Oil and their combination with Capital Metals Ltd? Timings here all look very coincidental?

Bored over the weekend and was looking into the Oluvil project. Have a google earth look at the harbour in Sri Lanka. Was all silted up with blown sand and - with another google - there is news that the harbour was being cleared in March this year to enable shipping access. So, that suggests commercial plans are moving in step with government support and that the CML plan to get going could swing into action pretty quickly. I wonder if KLK and EPO pulled some strings that far back? Curious. But good to see those ducks are falling into line.

I guess this all pivots on what KLK had in mind and what they’re expecting their financial return to be and in what time frame. I cannot see any logic in them washing money away on an investment which is worth ~15% of what they paid for EPO earlier this year (the 5p price). Once PML have had their 75%+ shareholder agreement given, I’m expecting some more comms on what the plan is and a reasoned timeline.

Whilst we wait patiently, I've come up with a theory that we'll return with a post-consolidation value of £50m. There is some logic to my statement, which might prove to be utter tosh, but at least it makes me feel better whilst my cash is locked up!

The 132m shares have been agreed to hold a value of £15,840,000. I couldn't quite fathom the reason for that value, until I flicked back to the interim results report and the retained loss value -$46,102,000. Doing a very rough kick across from USD to a GBP value at a rate of 1.349 provides a sum of c.£34,160,000. Put them together and you've the magic £50m value. Does that make any sense on a valuation? probably not to an independent AIM company, but if the intention was to bundle and sell or part-ex it on for palm oil assets (staying within their strategy?) it might have a modicum of logic.

if nothing else, I've put something on the board to prove I'm still alive and waiting...

Right, I’m going for 12 Nov as I’m an optimistic chap! I think this’ll wave through and be fast tracked.

I don’t think we’ve seen all the cards yet on this RTO. that $46m in deductible tax benefit has to be worth something to KLKI /EPO, they’re in this to make money abs so I fully expect another string to this bow. I personally expect us to reopen fairly quickly but with another juicy bit of info beforehand. Anyone for a sweepstake on when we’ll come off suspension?!

annnnnnnd, breathe! let's all take a step back and recognise that this strategy is as clear as mud! We're going to have to wait and see what further information becomes available to us. If you're invested, you're locked in now so we can all but just sit and wait to see what comes. if logic prevails, KLKI have spent money to make money, so I would expect them to garner a return on their investment on EPO. I expect to see some more news flow over the next week or so to expand and explain on what's taking place. Who want's a boring life, eh?!

it baffles me this one! this has to be good for KLKI as the major holder of EPO, else they're seeing themselves off at their 5p investment they put in recently. so what price on release from RTO? and what does my holding value look like (as a multiple of pre-cons sp)?

Haha - I’d be high fiving you! I think it looks like being 10x market cap (the £17m) and with consolidation it should £1.20, or have I read that in too much of a hurry!

That’s simply not looking likely. I do note your approach to boards is sledging, so trying to create a negative sentiment is one approach. However the mechanics look poised, we have 36 confirmed trading days for KLKI to make their move which from other sources sounds like it may already be well in motion. I will continue to add if any weakness shows but I do not foresee anything below 0.65 appearing again.

Looking like the climb out is on. Not sure we’ll see any weakness this week - think people are positioning for a full throttle return to 1.5p (lots of charting taking place!)

Roughly 40% spread between bottom and top trades today. Talk about resisting a market!!!

looks like they deliberately put the brakes on! being controlled for someone to get in at these levels. would be interested to know which broker it was

cancelled 2m share trade just popped up after hours. cheeky.

don't mock me for my first £40 buy! You wouldn't want me to miss out on the possibility of a Monday morning RNS...!

agh - read the wrong thing! bet there's still a lumpy trade after hours...!

the 2m must be a buy; the sells have been going through sub 0.6 and the timing puts of 12:50 puts it in the buy zone which brokers were offering up.

two are mine!

those 0.62s aren't sells...