Member Info for cherryburn

mattwales....I agree that they MIGHT get to 1 million ounces in next 18 months or so. Companies with good gold projects can raise cash without having to resort to "funny" funding. A company that I am aware of has raised over $40 million to build a gold mine with little debt in West Africa and with 3 institutions. Remains private until in production. Another private company in which I have invested has raised $2.5 million recently to advance a very promising gold project , again in West Africa., with HNW's

I have come to the conclusion that the "chief" as you call him has not got a clue about what constitutes bonanza grades. I have pointed out exploration companies that have at least a dozen 50 g/metres or 100 gram/metres reported. Sula is nowhere near these numbers hence the share price reaction today. I note some people were suckered in late yesterday and first thing this morning.

Note that Roger less enthusiastic than last RNS. Drilling results not that good compared to other exploration companies exploring in West Africa. Cash must be very low and will need to raise a bundle before next drilling programme.

Looks like a leaky sieve. IF good results tomorrow then AIM authorities should look into this buying which is out of the normal for past few week ?

Mick.....it does matter to me since I have been looking for an entry point when I consider all pieces of the jigsaw are in place and not there yet.. I have met Harry on a number of occasions including Cape Town and broker's office in London (Brandon Hill).

Millions sold at .10p.

Could it possibly be at 4p given trade today at 4.26p.? Not quite the £1 before consolidation is it Harry. Perhaps a Houdini Act will appear to surprise us all.

Always interesting in this stock. Suspect that someone or some people have had sight of an RNS for next week about some outstanding drilling results.

Is not the drilling company connected to Roger and/or another director of Sula ? The huff and puff looks as if it will possibly blow down Roger's Sula house.

Some time ago Harry was stating that KEFI was a £1 share (in his dreams). Reality having hit 10p is that effectively it is .27p today !

Some good stories coming out of this conference in Perth and maybe Harry managed to get some proper institutional investors interested.!

Just a few like those presented by Azumah Resources would help. (ie) more than 100 g/metres. Can Roger deliver that is the question ?

Fantasy.......HAA possibly seen as a second hand car salesman , bits of jigsaw need to slot in place, further dilution possible at company level, largest shareholder overhang ? Maybe more.

Shows clearly the discount values to peers.....begs the question why ? Not expecting many buy orders from that.

Mannan especially for you. Suggest that pay less attention to what RM says about his "wonderful" drilling results and look at what real gold prospects are. I have been reviewing the Azumah Resources presentation at the Africa Down Under conference. Reported to date 36 drill interceptions at greater than 100 gram/metres including 32m@14 g/t , 39m @6.5 g/t and 16m at 36 g/t. Rather makes a mockery of Roger's delight !

Fantasy....I am well aware of the fundamentals here and know 2 of their brokers very well indeed. There is still uncertainty about the last pieces of the jigsaw. I am interested to hear from contacts in Perth how HAA presentation went. If positive vibes then one would expect big buy orders first thing tomorrow or Friday.

My average will be the price that I pay for my first slug of this. I have a nagging feeling that some future placing might be required in KEFI despite what Harry says about various debt, offtake etc etc options. With current price of gold could bee a good punt when the last piece of the jigsaw is in place. Watching for any buying after HAA speech at Africa Down Under.

Probably to warn so called investors like yourself . So many seem to have been impressed by all the interviews given by RM since December 2016 although these seem to have dried up somewhat recently. Good luck. DOWN AGAIN this morning but expect you are averaging down again looking at some of your posts in April/June this year.

royoboy.....when I say I have worked with SRK , I have used them as consultants on projects in southern Africa. NOT worked for them..I am not running the company down just pointing out that the reality so far is way out of line with the wild exploration target. Never bought even a single share in SULA

royoboy.....have been in it for over 25 years and currently invested in private companies coming to market in next 12 months or so.