Member Info for craig140583

The only consolation is that they can't do a placing at these levels as the share price is below the nominal value/issue price of 2p..

Yep silence does not help. £3m MCAP.. Still think this is primed for a bounce mind.

There's your 1 trade code, let's see if a RNS on Monday. Not fully a believer in that but have also seen it happen.

Well unless I'm mistaken order book is £40m, excluding some of the other uncertain items, so 8 times today's MCAP. That said, they need to be converted. From a trading perspective one thing this share has experience is coming off from new lows well and rebounding. I seem to recollect this being around the same MCAP in the past, and then going on a very strong upward run. Whether there is the momentum there again for that or not we shall see. All sorts of weird and wonderful trades going though at the moment, both buys and sells.

Certainly a lot more interest here at the moment.

Nominal value is the price that new issue shares can be issued at. If the SP goes below 2p CYAN could not issue any new shares at a discount to that NV. That's all it means and has nothing to do with co performance.

Interest certainly perking up, and rightly so.

Any real volume would push this on quickly from what I can see.

This is well primed at the moment for a strong push upwards.

Not necessarily, a number of other shares have made large increases recently (e.g.KEFI) so you may have a number of new investors bottom fishing and looking at the timing of forthcoming events here. That said, if an RNS lands in the morning then maybe you are right. Regardless 3p+ is a probable short term target, and anything after that is up for grabs.

Am thinking a return to above 3p is a highly possible short term bounce, though news dependant and could go much higher.

Just the first one.

Well I know the history having bought/sold here in the distant past, and both lost, and made money. The latter mainly once I had learnt a lot from the former! JC certainly does have a lot to answer for, but at the same time a lot to prove. Anyway risk/reward at these levels is the only reason for my investment.

I must be bonkers but I have bought back in here. £4m MCAP and risk/reward play.

All hands to the pump now! This should be well north of 1p, but it will come :)

With a gold price of circa $1,500 the economics of the project for Ethiopia are a no brainer. Wish I had more funds to buy but need to wait for the time being.

Yep, MCAP of £5m in today's Gold market and the NPV.., nuts. purely down to suppliers and the rubbish funding arrangement Harry put in place. Wish I had more money to buy in at these levels.

12% down is a little excessive mind. but yes I can see impatience kicking in here and lack of trust in BOD.

I have an alternate view, but we shall see.

Sub 0.9's are a great level for entry. Per the interim results there should be plenty of positive activity in October with regards to Ethiopia, and maybe SA.