Member Info for Dibs61

Announcement on commencement of construction was made on 27 March 2014. Was Due to be completed by end Q2 2014. Here we are, nearly two years later, after a number of push backs, and it is 'anticipated' (and I use the quotes very pointedly) the factory will be ready by end H1 2016. Do. Not. Hold. Your. Breath. This is a company that habitually over promises and under delivers. Never a good investing combination.

Not a snowballs chance in hell now of SiGNICANT director buying. You may see a cursory purchase or two to try and project confidence but this company continues to eat cash voraciously - £1.5m worth in the past 6 mths. Which means another placing is on the way, certainly within the next 6 months. And the next one will prob be @ no more than 50p.

Was that your trade luke?

Yesterday's was something of a 'faux' fall as I could, and can today, dummy sell for 6.02/6.06p. Way above the 5.5p bid quoted. Maybe a MM looking for stock.

You lost over 20% on your £500 punt in just 3 days by just selling out. Well done. Good work lol Goodness me there are some planks out there.

Mixed bag?? I think you are being very generous. This is a car crash of an update. More from me on this later but I can see single figure SP coming here.

Knocking on $1100 door again. This is heavily leveraged against gold price but has stabilised since last autumn despite gold dropping further. Very good upside here on any gold price rally.

Aren't we all? I see you're fishing around RIO - are you in or waiting? Just need the dollar to turn and then it's chocks away....

Don't despair. Patience required. I've noticed a trend towards delayed reactions to good news on aim on the past year or so. I think it's because we've all got so accustomed to the sell on news mentality - whether good or bad. So I think more, let's say, sophisticated investors will wait until the SON brigade have finished before building their positions. It makes sense don't you think?

They will def run out of cash in this half year so a fundraise will be needed. I wonder how much overbudget the DFS is now? I doubt even a good DFS will have much short term positive effect on the SP until funding is sorted. A gold price rally might help a little. I continue to watch though.

Looks like this has found a bottom at this level. Lots of support.

Production exceeding market guidance substantially. AISC actually under the bottom of range of market guidance. Net debt down substantially. A top notch all round performance. Well done Shanta and deserving of a very positive market reaction.

Yes its an excellent article apps. We know this is a hot sector for sure. Have you looked at Corero? I see their SP has soared since a recent announcement.

Note the two 273,500 trades today resulting in an approx £500 loss in a few hours. Astonishing. Like taking candy off a baby for the MMs.

Getting pretty peed off with BD. Looks like more selling. They MUST be getting near exiting now. Theres been a lot of selling since the last announcement covering up to 4 Dec. Be glad when they're out and maybe we can move higher then.

I think that's a sound message jyee7. I've just noticed two trades go though taking stupid losses in ONE hour! Seriously, if you're going to take a punt here there's no point unless you are prepared to hold because MM's are watching and they will pull your pants down and shaft you. They (MM's) don't like to hold a lot of stock here so the first sign of selling they'll pull the price down hard. Buy and HOLD for profit at these levels. There will be more positive news to come.

No worries. ATB

'Sausage'! :) Yep 26% up now, warming up a bit more. I'm a fair bit down here as well so let's hope there's some spanking news on the way re Jonnagiri or BGML.

Probably. A few speculative purchases by the looks this morning. We are due key news though in January so that's probably the reason for the interest.

Happy Monday to you too! Yes we are, absolutely. Q4 production and operational update - either Wed/Thurs - should be very positive.