Member Info for British_Mike

AmurTigers - Yes, I thought MrsH selling shares with inside knowledge was wrong plus like you say AMC got diluted straight after investing in NRR - surely AMC dg prior to investing would known that was coming or failed to see it coming

How do you know if AH has done anything wrong? It might be the rest of the BoD who pushed him out for trying to be successful? The fact the RNS tells us nothing means the BoD don't care about dame to sp or sh's.

No one liked Paul Johnson... until he made them rich.

I watched a you-tube video on Paul Johnson saying him and Bell were disliked. I liked Paul's pitch, but never invested - my loss!

Paul wanted POW to be a 5p/share company - I think he will find POW will become much bigger than that, especially if KAV are sitting on the motherload!

POW just have an investment in KAV. Mike Moles is a clever man... I think him and POW (Paul Johnson being his mate) will seek a major for KAV to JV with (not POW being the JV).
BHP grade miners would need to take care of this if it's the real deal

Indeed. Mike Moles (KAV) and Paul Johnson (POW) are mates and together Kavango and Power Metals will seek a miner JV with a multi-billion market cap miner.
If they find what we are hoping for... they will get it out the ground. Look at GGP, not exactly shallow target. The only reason this was missed previously was because of the 50metre deep Kalahari sands and we now have modern technology.

Just topped up on the dip as the decline doesn't look like a leak of bad news.
If just one of the current 4 Norilsk-style targets is successful - the £7m mc will look very different!
Speculative stock of 2021... another GGP? lol

RBW's JORC, PRE's BFS, and AMC's TEO were all stated to be 'on track' - all delayed.
AMC have needed to approach the Russian's and ask for an extension for the TEO because they havd a lot of labour intense... sorry, AMC only has one office lackey with an old photocopier preparing the TEO data? How embarrassing lol.
To be delayed tp Q1 they must have known ages ago the TEO would be delayed.

"Assay results for the full seven drill-holes completed are being finalised and are expected to be returned shortly"

The other 3 were below the cut-off grades or no visible mineralisation I guess.

They think the area drilled was transition from oxide to sulphide... we will find out with the next batch of drill cores.

Thanks for the post alpritt

Castillo has so much potential in its block but myself (like some other speculators) are on edge since the latest drill grades.
I can't take advantage of the below IPO price because of the last RNS... hoping this comes good!

Where is Sonofscb? He needs to reiterate that this is Rose with no rig coming... it's all fake news the sp has climbed!

I'd still like to know who owns the industrial railway and port in Angola, also the hydro power supply? Is it the government OR the Chinese who invested heavily in the infrastructure? If the Chinese operate the port rights etc we could face our own little tarrif trade war.
This can happen - an iron ore firm went bust in Nothern Australia. Nathan River Resources who bought it out now kinda had to use Glencore as their offtaker as Glencore own the nearby port etc.

The mc is £20m. Take £18m off that leaves £2m market cap for the £2.6m cash after payout - around 5.6p after? Yes they have other investments but shouldn't that potential be priced in... leaving a sp 5.6p / £2m mc.
On that basis the cash only is being priced in the current market cap so there's room for upside at 5.6p /share.
However, 12.5p /share (current dividend payout removed) seems overpriced on looking again?

Luther - That post cracked me up :-)

Why doesn't BRH reinvest the excess cashflow to rapidly increase growth? Have they never heard of compounding interest lol

Hi, have i read the BRH announcement right? So if I bought shares now at 54.5p they will pay a dividend of 42.75p so effectively making those purchased shares 11.75p each?

Seems to good to be true?

Hulltiger - Hi, have i read the BRH announcement right? So if I bought shares now at 54.5p they will pay a dividend of 42.75p so effectively making those purchased shares 11.75p each?

Seems to good to be true?

Where is Wes_sam who was having kittens earlier in the week saying the SP couldn't possibly drop below 6p from IPO onwards due to demand for helium exposure?
Like I said with PRE - you can't slam a ton of new shares on the market and not expect the SP to fall even if temporary.

I bought in earlier today at below 5p which is still better than buying AOGL earlier in the week.

Us 'cautious ones' never said the stock was bad. We was cautious because AOGL was looking expensive prior to IPO. The sp falls on any placing close to or just above placing prices. So on that basis, 3.5-4.5p is looking like a good buy range ready for next years drilling which might not be until Q2 yet.

Once they drill and discover a commercial helium trap then the sp will boost.
All this tosh about II's investing... investing in what? They are value investors not speculators of what might be.

You haven't lost money... you just never sold or bought when AOGL was hyped up 3 bagger from announcement. If you were in AOGL at time of merger announcement you would be ok.

The likes of Wes_Sam were defensive in their stance and have been proven wrong