Member Info for bumpingalong

I really thought the company had turned a coroner with communication to shareholder but we are back to long periods of silence once again

Becoming more convinced the hype and spin from the last two RNSs was to try and get the share price higher and placing sorted. Back into the bottom drawer

Getting very close to summer when everything goes very quite - especially on AIM - no update before middle of July and suspect we will then have to waiting until things crank up again in September

No manipulation - simply supply and demand for the stock. There is the fear from investors that things may not happen as planned. At the moment, there is nothing concrete in place to allow us to monetise our product. Without that, a company can be worthless.

My point was that the previous board used these phrases / words and would have hoped what happened in the past was well behind us.

We have had updates and it would appear there could be good news due which was indicated as being imminent but we have to wait and see.

I don’t think the board have regained the trust of the investor as yet share price is flat for 2025 despite the positive prospects announced so far this year

Looks like a rollover - nothing to get excited about - back in the bottom draw u til the placings have washed through which in my opinion will take many months

Disappointed the current board continues to use “imminent” and “transformational” and go quiet for months and months

Is BA happy with the way things are going and not bothered that the share price is so low or, does he not have the balls to come out to shareholders and admit that all ain’t rosy

Expect it is placing shares still being washed through

You can have all the resource in the world but unless you have the money and team behind you to get it out of the ground then it’s not worth anything. Things do seem to be changing here but for long term holders there is still a lot of convincing needed.

Just remember they have had this resource for over 10 years and have had so many failed attempts at trying to become a miner - will this time be different - only time will tell

It is worth 0.26p at the moment so an offer of 100% uplift would be more than acceptable for many shareholder. It will be worth more in time (proving SC price rises) but that it surely what an acquirer would be looking for with any buyout.

With the movement of the share price over the last few months I am sure many would accept 0.5p

Wonder if there was pressure put on them to go below 10% in prep for a takeover - who knows

For a business moving forward on so many fronts I’m surprised there hasn’t been any official updates in the last month. All seems to have gone very quiet or is this the calm before the storm?

You have said for the last week there are not many placing shares left. Where are you getting this information from or are you just trying to ramp the share?

There were almost 10 billion shares placed in November at .36

Get all of that but you can only ever be down 100% if you bought at 12p and were down 100% you would be down 12p and therefore wiped out -

The good thing is you can only loose 100% but gains are unlimited !

How on earth can you be 609% down?

I’d agree with that - so many invest in AIM thinking it is a get rich quick market - those who have been here over the years know the truth - yes - there are some great examples of wonder stocks and some life changing returns but they are many more who have seen large amounts of wealth evaporate on the jam tomorrow RNSs

However, it only takes one stock to provide some decent returns that can more than cover losses elsewhere and KZG could be one of them - so too could be IRON which is slightly behind KZG on the journey but not that far.

Both stocks over the years have cost the long term investor dearly unless they have had the balls to average down but it’s typcial fear and greed - how many set a sell target which is reached and hold for more only to find returns are wiped out - we all do it and never learn.

Should we sell out of KZG at 2p, 3p, 5p or 10p - who knows where this could go?

Where were we told a week or so?

Good video tonight - suggest both new and existing investors take a watch. What is clear is that there is some pivotal news that is “immanent” - diamond sales, mining licence and maybe a little later in the year Aftan mine.

My view is that they have a backer / investor lined up to fund a new plant when the licence comes through

Can see this really starting to motor as the ducks fall into place - anyone’s guess at what the share price will end up at the end of the year - my guess is between 5p and 6p per share