Member Info for BurlingtonBerty

RR, everyone has a right to post but your stuff just clogs up what should be a constructive chat, whilst balancing positives and negatives. I for one am a bit of a stickler for grammar and spelling.

You also seem to be negative about the other company you post on, may I suggest share investment might not be your thing?

Well he would be in the hole for near £30m so that is a sizeable bet!

Too many! This stock is either 0 or 20p. That said you have had continued stakebuilders including AK vs Insto supply who from a risk perspective can't be dealing with share suspensions/opaque accounts/lack of audit/projects that splatter etc etc.

However he keeps on buying as many as he can at this level so if you believe there is value in this company and he certainly does then all the above a side they are a buy here.....If you dont trust him then no point following this board but for watching angst and pain of the long suffering - of which I am one. I have known him personally in a former life and he is no fool.

Frustration with a capital F is the only description for this share. I feel your pain - however I do know that there has been one consistent seller since Christmas on the order book. Increasing volume and positive share price moves make me believe this is a jack in the box stock. Just remember AK bought a chunk at 8p and a shed load at 7p, I fully understand that Instos have lost faith in him only to be replaced by investors who see an opportunity. Once all Asset managers have excited and there are very few left, then I struggle to see where the supply comes from. Sources tell me that there is dwindling supply....fingers crossed DYOR etc...Good luck Savers.

You couldn't make it up the fact oil is going north rapidly yet SAVE was down today. Yes it has the occasional wonky closing cross on very low volume - but still it would have been nice.

However price action better than you think today. My sources tell me there was a half decent seller out there who sold somewhere between 2 and 3m shares today, selling all the stock in the market. This stock will breach 10p - to put it this way there is less stock to sell tomorrow as the free float gets consumed into these new buyers. DYOR but quietly constructive IMHO

Thank you WM for the great find below. At long last with the absence of any institutional sell flow c7p it does feel like this stock has decent upside. I see 10-12p as the new trading range very soon.

OMG RR, only fools filter must be an oxymoron to you. We can digest your comments all day and just smile at the simplicity of your negativity. Please move on.....

7p is a magnet atm and has been a pin since the ill fated cash raise. That said, once all the instos are out I struggle to see where the supply comes from. Update was (as usual) lacking in much but cash collections excelled. I have tracked this company many years - This current supply is a kin to the debt holders selling out in 2020. Once the supply vanished then it could finally move. I am a shareholder at these levels.

Firstly, a big thanks to all the regular posters on here who supply excellent content and debate in Savannah. Whilst it has been frustrating for many of us shareholders on the length of the suspension, I really do hope AK’s luck changes somewhat for the better.

Secondly, I am not a regular poster at all but fail to see how a cryptic analysis of someone’s feedback from IR, can establish them as not acting in good faith. It is tantamount to slander imho.

RR et al please please keep up the faith and the excellent feedback. Happy Easter to all…..

It’s 6p because Maven have been smashing the shares lower. I fully understand why investors haven’t paid 7p, I didn’t and am a big fan of the long term prospects. Time will tell but no more dilution unless massive cost over runs or the EV market suddenly falls flat on its face (unlikely). Just frustrating the delay in the new shares trading because of the EGM, gives hedge funds the chance to dominate/destroy a company share price with good prospects.

HZM (Big Fan) - just on a technicality I hear Market cap of £110m mentioned. When the shares from the capital raise finally settle (think c22nd Decemebr) the market cap will be c£280-300m. This should make HZM available for index inclusion into the All Share index creating passive index buying - not sure on size of buying but trying to find out from contacts.

As much as it maybe frustrating for pi's when valuations seem absolutely insane, you have to consider the institution herd mentality too. Post the US election and vaccine news, the latest Bank of America 'flow show' which was out on Friday highlighted that $27bln had gone into equities and $4bln had left gold funds - the latter being the biggest 2 week outflow ever, which is why gold stocks are where they are at the moment. Buy while you can as the euphoria over the C19 vaccine may not last forever. I am a big fan of gold equities and see the yellow metal turning a corner soon. Usually technical consolidation can take 4-6 months, and since the peak in Gold in early August we are now coming to the end of the fourth month. Support of $1850 must hold and then the upward trajectory will continue over the coming months/years.

The question why this share hasn't burst through the highs is that there is clearly more selling pressure (maybe the main shareholder) Peel Hunt have traded 10m the last 4 days so I would have thought they have the sell ticket - their volume was high in the previous selling period of the main holder disclosing disposals. Purely speculation/drawing the dots but I think that you may see an RNS to that end soon.

Coincidence that Kenny Alexander steps down for family reasons just as HMRC launch a probe into their Turkish operations a few days later?

Why not go long at $1770 for the extra $30 first?

On a slightly different tangent but also important for the gold bulls, is that Bank of America in their weekly 'flow show' research report, cited that last week was the 6th largest inflow into gold funds of $2.9bln. Hopefully this continues for a long time. They are now recommending 25% of asset allocation goes to gold and 25% to cash.

Surprised they are 48p offered. I imagine Stifel will be lifted soon enough unless they have a decent seller

Decent volume in the US thus far at 125k

I am guessing there is your answer as to why management reduced exposure to Dugabe…...they found a better resource in Kouroussa.

Either way as has been flagged, this stock is a massive laggard vs the rest of the oil minnows that have rallied hard.