Member Info for Duvv

The sp was held down for over two years zero buy access

https://kase.kz/en/information/news/show/1558874

Buying opportunity on the horizon

Mugged off now you have to pay $7 instead of $4 or less

Nothing happens by coincidence Thanks Mr Nesis

Quite a few long time holders feeling mugged off.

Waiting patiently to gain buy access while the share price is below $3.40 or even $4.40 or so. Still no buy access only sell opportunity and it has exploded past $6 with long time holders stranded with high average prices.

Will the price drop a bit and then buy access is resolved by the company

to the long timers or has the price now found a new permanent level.

Didn't expect to see $6 or more before 2028. Maybe gold will drop then put price pressure on the shares.

Western holders with no buy access have had their pants pulled down in here and had their backsides spanked hard. Lessons learned?

Https://gls-llp.com/en/a-kazakhstan-public-company-re-purchase-of-shares-and-share-redemption/

Undisclosed stock buybacks and share capital cancellation would eventually have to be discovered for taxation purposes if not for anything more.

A broker who won't allow you to buy one companies stock. Instructions from the company itself I bet? Loss of commission makes no sense otherwise.

Interesting development in the published circular regarding the compulsory purchase scheme.

Ordinary Share hereby authorised to be purchased is USD 2.57; the price for Ordinary Shares will be paid in United Arab Emirates Dirham (AED), or any other currency, except USD, EUR or GBP, as may approved by the Board.

Net Cash on balance gotta be $600 million?

EV/EBITDA = x4

EV 1.2 bill. Trading at 4 times earnings when accounting for net cash?

Https://www.solidcore-resources.com/en/investors-and-media/news/press-releases/11-02-2019/

Pressure oxidation (POX) was selected as the most feasible processing technology for double refractory ores. It is able to achieve gold recoveries of 96% by utilizing high temperatures, elevated pressure and oxygen to recover encapsulated gold, while conventional cyanidation methods would result in sub-optimal recovery rates of 20-40%. Completed metallurgical tests on Kyzyl and Mayskoye high-carbon concentrates confirm the recovery rate of 96%.

John. The UK is readying for war with Russia. Mr Nesis is sending two thirds of his ore to Russia for processing. With this scenario in mind a Kazakhstan small cap miner would be as welcome as a fox in a hen coup on the LSE. Ertis at earliest will be ready the summer of 2028. That's the earliest any Western exchange will consider an application from Mr Nesis. Look at all the pm miners rocketing in Mcap value. Look at Solidcore, it can't catch a bid no matter what exchange it's listed on. The only pm miner to be valued less today than when gold was at $2000 an ounce. Volumes and prices tell you everything about the company's managements direction. The market does not like what Mr Nesis says and is outlining.

John. The accounts from the previous company do not really reflect the current operational performance but we'll agree to leave it there.

Regarding liquidity take a look here.

https://aix.kz/trading/block-trade-reporting/

Block trades typically funds buying via the primary broker. Look at the last date, way back in February. There's a lack of selling activity, possibly down to the difficulty in opening an account and transferring holdings. If a fund request a block at a price and the Block is not available it will not move the price higher. I get the feeling the company have been approached for possibly numerous blocks but the liquidity is not there at this pricing level. Would a fund up its offer? Why you would ask yourself. It's very illiquid with few sellers and possibly blocks waiting to be filled. Just my two penneth?

I've been involved in an IPO, circa relist on the LSE and one prerequisite is two years of full independent accounts fully audited by a reputable auditor. This cannot be satisfied until May 2026 at which time a secondary listing on a decent exchange with Western Brokerage access could become a reality. Until then it's walking through treacle and quite ugly to watch.

Building a whopping processing plant for a billion. Not helping a two billion mkt cap company. The Russian assets are listed where?

Mr Nesis said private investors don't vote. Now it's can't vote looking at the numbers.

Only 37% of share equity could vote at yesterday's AGM. AIX is not really functioning for Prime Listing Exchange.

Only 37% of share equity could vote at yesterday's AGM. AIX is not really functioning for Prime Listing Exchange.

AJ Bell showing the buy/sell button and a live looking price. Not tried a trade though P/E ridiculously low to trade out. Wait till 2028 now, waited three years what's another three.

I've held a small position in here since 2020. Topped up some on the drop so got an average around four quid. Never gave them a second thought till last week. Looking at the LSE there's not much value about. So I'm inclined to open a brokers account in Kazakhstan and possibly purchase a few more ladders. Might even move my UK pot over for sale keeping. Seems the company is doing all the right things just no liquidity on the market. Few sellers and fewer buyers which seems strange considering the free float is 325 million issued shares. Wouldn't take much volume to move the price up or down by 50%?