Member Info for Bridgedogg1

Disappointing to read that the facilities cap the gas at 10 mmscfd limits the potential upside of the side-track. Are there any plans/possibilities to upgrade this if we max out?

For those that care about such things - the 20 day moving average has just moved below the closing on the daily. A small move upwards out of the current range to around 0.45p would see this cross with the 50 dma which would be a great sign of upwards momentum.

With such a large license area to choose from we should begin to see those headline grades that investors take notice of.

RNS - in summary worth less than £0

Shame that we didn't have more trading days last week following Fridays small lift. Hopefully it will continue this week and this is the start of a return to fairer value.

GLA

Nice to have the cash /shares but you could build a whole company around the pilot mountain licence - it’s huge - can’t help but feel we were short changed.

Disappointed not to see a formal confirmation of license extension beyond October 2021. In theory the MOM could pull this out from under us at any time??? Clearly they won’t, no benefit to them to do so but still.. 3 months delay … does that include financing? Most important updates are missing here.

Nice to be able to buy £300k @ 5p, atleast the company gets the cash.

The ‘fundamentals’ support anything up to 2p imo it just now depends upon sentiment. We are much further along, better funded and have added Cameroon since 1.5p was hit. I’d like to see a strong push to the 0.6p mark, at that stage we may have a few placing shares to shift, then we can push comfortably over 1p. Could be March, could be December. I do know that many have this on their watch list and are waiting for the bottom which I believe we have now hit with the strong support at 0.4p.

Replying to myself is maybe a bit sad but I haven’t watched this too closely for a while but just had a closer look at the trades since the 20th and it seems there’s some chunky buys going through fairly consistently. Always a good sign. The chart is also beginning to shape up nicely.

Of course positive news flow is the bread and butter here but it will be nice to come out of the gentle downwards drift. I always thought this was only priced for Senegal with Bibemi and Cameroon potential having been completely ignored. That’s the way the market works but a bit of positive momentum with news flow and a period of bring under valued (check, check, check) can lead to a fast turnaround. A few of my similar holdings seem to now be turning around a little, I’m expecting the same to happen here fairly soon.

GLA

Strong demand below 0.4p, I even picked up some myself. Happy to sit accumulating at these levels until the inevitable rise to fairer value.

Was hoping for confirmation on the license but shouldnt be a problem

Some must vbe very disapointed by the update. My feeling has always been that 2022 Q1 figures will be key and in the mean time just add on weakness. Water and power issues are a bit frustrating. Seems that the company is unable to anticipate issues until they happen.

Mullins 350 tons
Sleeven 325 tons
78rpm 320 tons
Mrhappy 315 tons
Discopablo 305 tons
Bristolcupid 299.8 tons
Bb2 286 tons
Aquarius 275 tons
Getinthere 265 tons
Gw123 260 tons
Troajan 255 tons
Amitshah 255 tons
Kayakcurl 253.7 tons
Safetyman 250 tons
Tonlin 245 tons
Sammymac 240 tons
Superflymofo 235 tons
Wasp 230 tons
Nicetomichu 225 tons
Bermudarun 220 tons
Jaffaman 210 tons
Rodrod 185 tons
Oldmothereilly 166.5 ton

Good to see we have a large buyer pikcing up anything below 1p. Next week last full week in October should hopefully bring some good news re license and funding.

At the moment nothing has changed. The only issue being the comment from the ministry of mining that hopefully will be clarified. Sounds a little like they are getting impatient with us so I don't see this being extended beyond December 31st. Need to be done before then. I am very concerned about the failure to release the letter and response to the market though.

Agree Simms, someone is buying consistently at these levels.

Holding steady, no huge sell off

If the EG can win a decisive victory in the north then security should improve in general imo

Crazy that the newspaper published without even approaching KEFI for comment/clarification. Ready for a top up on SP weakness. No doubt there will still be some selling.

It’s become a very interesting (and worrying) situation for shareholders. It all hinges on RNS tomorrow. If there isn’t one I’m out on principle. If the licence is ok then that’s fine, just a misunderstanding. It’s possible this forces the financing along but unfortunately it doesn’t usually work like that. Escalation sign off takes time. Harry did say the security issue should be resolved by the end of the month but as cracker says that could be BS, we just don’t know, and to be honest I don’t know if Harry does. Sounds like there is more to the security issue than we have been told, reading between the lines I suspect regional leaders want a kick back. I think the ‘project security’ from the webinar is slightly different, just a planning matter. Harry says nearly all the outstanding issues are with the gov to sort so maybe that follows that they need to get their people into line. I really really hope there is an RNS tomorrow, enough people have emailed them this weekend. This has already halved in value, how much lower can it go?