Member Info for Bloodshot

Maybe they were just using the threat of large scale reduncancies to send a message to the Zambian government that they wouldnt tolerate a large increase and now it turns out that its only a small rise (Zam gvmnt dont want to rock the boat too much), so theyve backtracked.
Only a 1.5 % rise on the sliding scale royalties and a new 10% tax if the price reaches $7,500 per tonne.

Estimates are for an average price of between about $6,300 and $6,800 for this year so its not likely to affect us but personally wouldnt mind paying it if the taxes go where theyre supposed to. Doesnt make much difference to our investment here either way. Everything still looking rosy!

I think the recent rise and fall in the share price is only traders buying on hope of imminent good news and selling on the lack of it, so insignificant.

Im well down (on paper) on my investment here but confident that will change soon and am willing and able to wait for as long as it takes.
All still looks good to me. Its just a waiting game now...gla!

Oh dear..doesnt take long for the claws to come out does it. What makes you sure its aimed at you lol.

Bitbuybit i wouldnt worry..there is no post of you being rude. Not mentioning names but there are posters here who quickly report and have removed any posts they dont like. Has happened to me just for a jokey post.

I noticed the plurals in the outlook statement, "examining potential acquisitions and opportunities to increase the size and growth of the Company".
As big as the Comarco deal is i hope theres more to come.

Ill take anything that can grant those wishes...a fairy Godmother, a powerful wizard called Nick the great or a friendly 2ft leprechaun.

My three wishes are the sale of casa, an offer of 2 billion for our zambia assets and a happy early retirement for all of us.

Seeing as how theres no news so not much to discuss, I thought that as some are unhappy with the name Koov we could think of something better. Ill start with a few suggestions...

Kooks
Kooky
Koosos
Koohoo

Well I hope your right 993444. Thats what most of us are invested here for and its the best option for us I just hope that with the news that they are doing well without us since we gave them the cash, theyre not thinking they can manage ok without us or can corner us into a poor deal.
I suppose lack of news is making me a little nervous but i understand that there will probably be a NDA in place stopping any news coming out until the deal is done.
I bought in on a spike and my average is almost 8p so need a good result.

Even though a lot of ball locks is spoken on here, I think we all know that much patience is required with Koovs.

Putney got it spot on in his last post and Jambon knows it too.

It will take another 2 or 3 years minimum, if all goes well, before the sp sees anything near 80p simply because thats how long its going to take for Indians to catch up with the western enthusiasm for buying online.
Meantime the BODs have at least seen the light and prepared the company for the challenges that lay ahead.

FLF will at least ensure that we dont go bust and hopefully need less funding/dilution. I always thought the Amazon interest was overhyped and latched onto by short term traders so completely ignored it.

Now that the Indian government seem to be giving protection to Indian companies from the likes of Amazon though, I wonder if FLF are the ones we should be putting some money into.
Biyani seems to think he can turn them into the Indian version of Amazon in time. Again its a long term investment and a gamble but if it happens then the sp will multiply like a rat on fertility pills.

Anyway just a thought and not a recommendation.

Nice to get a bit of info and as we thought theyre busy doing the business of proving up whats there, as well as everything else and the weather is probably against them.
No mention of Casa yet or even the CSD plant but im sure everything is progressing as fast as it can. Remember this is a massive area and cant be rushed "28,000 soil samples"...hopefully well get aero results before March but if thats how long we have to wait then so be it..

Agreed poorman. Shorters/Short term traders are in control for now esp on aim but it does give others opportunities to buy lower.
Potential dream maker of a share in my opinion and wouldnt want to be out when news starts to flow.

Most are expecting to hear of an rto from Comarco due to the loan but my question is do they need us as much as we need them?
Even if that deal doesnt come off im sure DL will come up with something else that will add big value.

Havent seen any proper figures as yet but the outlook for Dynamic Intertrade and Dynamic Intertrade Agri has been improving and is mentioned in the rns of 30th July half yearly report in the outlook its stated that both have begun moving into profit in the 3rd quarter.
Still remains to be seen of course but see no reason to doubt it....

"Outlook

As detailed above, after streamlining certain aspects of the business and arranging for further access to funding facilities, the current subsidiaries of the Company have both begun moving to a net profit in the 3rd quarter.

Although this is undoubtedly positive, the Directors of the Company recognise that the existing operational businesses of the Company are not of a sufficient scale, in and of themselves, to justify the existence of a publicly listed Company. The board has spent considerable time and effort over the past few months in examining potential acquisitions and opportunities to increase the size and growth of the Company and hope to announce some positive news in this regard in the near future.

David Lenigas

Non-Executive Chairman

26 July 2018"

How near is the near future?..should be an interesting 2019.

I agree that even $260m is probably conservative...could just as easily be a billion but its still only guesswork until we get more hard facts.

I took your comments re hands tied and things going on behind the scenes fulmar, rightly or wrongly, to mean as is common knowledge here, we are in talks with major companies about joint ventures (and who knows maybe a sale at the right price) and NDAs will be in place, unless you know something we dont :)

Nobody knows what the outcome will be yet or how long negotiations will take, so we just have to wait and see.

Not forgetting the Casa sale which hopefully will be happening fairly soon and should push the sp back above 5p.

Everything will happen at the right time. Lets just keep our faith and hope for the best.

Assuming you meant $260 million fulmar..are you saying you think thats likely too cheap or too expensive.
I already calulated for the conversion to pounds for the 31p but yea forgot to deduct for our percentage. Actually it works out at just over 20p. Personally i wouldnt balk at that either. Dont want to be greedy and Id rather think conservatively. Hopefully i am.

We all need a bit of encouragement sometimes..i know i do but maturity has given me more patience and more of a que sera sera attitude to life.

Id be happy if we got $260m for the whole lot to be honest..that equates to over 31p per share and shows the possible potential here for long term holders.
Thanks for the info..not sure ill trouble NvS just now but might be tempted to email him at some stage next week if no news yet :) @Steve R

and on small volume. I wonder if something is happening behind the scenes. Would be nice to see a sustained rise.

My thoughts entirely. We shouldn't expect too much. The right info will come at the right time. Im sure the whole team there is very busy making things happen for us all.

Just proves that our BODs are doing a great job. The ones spending most money at this early stage are the least likely to survive. Wish our guys would spend a few more quid keeping their investors informed but maybe theres a reason behind that too. NDAs for instance. Id like to think its something like that rather than just a couldnt care less attitude.

Just introduced myself to the world of twitter in case i was missing any more up to date info on any of my investments.
Few nice pics from ARCM but nothing up to date so not missing much really. Asked them if the CSD plant is finished and in full production but not expecting a reply.

Did see this though. Im sure its already been commented on so sorry if im dragging up old news...

The Airborne survey will cover 1,000 km(2) over whole area including a number of targets in addition to the Kalaba Copper Cobalt Prospect.

Was wondering what those additional targets could be. Im guessing copper/cobalt but as has been mentioned by dcat, other things could be around, including gold.

Just a thought..anyway i guess well find out soon enough.