Member Info for ForrestGump

Might a few, highly influential, investors have instructed JW that he wasn't to say anything that might encourage the share price higher that 20p?
Hmmm.......

JamesH85. People with lots of money have decided to sell quite a few shares, so there's nothing illegal in that. Was that good for you, me, or the share price? No. But what is strange IMO is that they would purposely choose to do it.
Hopefully, good news will be given to all of us this evening.
ATB, FG

Moneysponge. I suppose that none of use really know very much, including stokey who knows a lot more than most, but it seems to me that the share price is deliberately being held down. We likely have two chances for stellar rises: confirmation of sub-contract signing, and positive JR outcome for IM. Otherwise, we can expect a slow and steady rise over the next few years. I'll admit that I was hoping for a fast rise to 50p before selling 75% of my shares.
ATB, FG

stokey12. I finding the timing strange if there is no significant news. JW will have a hard time explaining why significant share holders appear to have fixed the share price at a limit of 20p.
ATB, FG

A placing, sub-contract signing, or something completely different? I haven't a clue, but we'll know soon enough.
GLA

Bear666. And 80% of zero is zero. We are likely waiting on Saudi, and a few placings, now. But the PoG slowly rising has to be good for us.
Good day to you. FG

Jimj01. An excellent first post.
ATB, FG

maestro1. I used the term cash-in, when top-slice would have better described my meaning. But thanks for your response.
ATB, FG

maestro1. Not owning a few million pounds of shares means I'll never understand the big players' mindset. But I'd have endeavored to cash-in at 40p, plus, not 22p.

Citizenlane. What I don't understand about the untimely, unexplainable, major holdings sell-offs, is why do them now? If they hadn't sold, the share price might have hit 50p on the news of the contract award. Why didn't they wait and cash-in big time?
Well, I suppose we are where we are.
ATB, FB

If Harry can get a placing price of 0.8p I'll be happy.

Robjm66. 80% of zero, is zero!
We will soon know what the market thinks.
Hoping for the best, expecting the worst.
ATB, FG

Bear666. I'm holding, but expecting nothing from TK. Anything that we get from Ethiopia is just a bonus IMO.
ATB, FG

As The_Bishop said. It's all down to the market. 28 minutes, and counting!

Same old spiel
"The Company and the full syndicate remain focused on achieving full Project launch as soon as practicable. KEFI remains focused on achieving full production from the open pit operations in 2025 and from the combined open pit-underground operation a few years later for combined gold exports of near 200,000 oz per annum (KEFI beneficial interest 80% or near 160,000 oz per annum)"
Nothing seems to change but the date of year.
Hoping for the best in Ethiopia, expecting sweet FA.
GLA

IMO either the share price is being manipulated, quite legally, down or the II's are waiting for the sub-contract to be signed-off and summary details to be made public. Either way, it should only be a matter of time - minutes, hours, days, or maybe a few short weeks, before there is no holding us back. It's a bit of a pain, but everything comes to he/she who waits.
Hope everyone has a great weekend!
FG

Seems to me that the big boys are keen to keep the share price down, for now, at the expense of future profits. Very strange - maybe stokey12 put their noses out of joint by beating them to the punch?
Have to say that I thought something didn't smell right yesterday when topping-up my shares. It was way too easy to buy them. That said, I feel that somebody has bunged me an old "worthless" dusty painting from a house clearance, not realising how much the likes Sotheby's will value it for!
Anyways - onwards and, eventually, upwards!
GLA

If this is a tree shake, if it is I can live with it, but as HarryCaul commented, Kavé Sigaroudinia might be selling circa £1.5M worth of shares.
Hold for Gold, that's if you want to!
GLA

Spike66. Thank you for explaining this to me. I'd calculated the 3.3 M, so couldn't understand how the transaction worked. So I assumed it was a sell.
ATB, FG

I take this to mean the £519k transaction was a sell then?