Member Info for Fukurokuju79

Absolutely CK.
32 recommends on that post blimey didn't know we had that many here ;)

Metalhead I wouldn't want them tbh.
I'm also not saying it's a strong view I have, but it's an option that went through my brain after listening to Ben recently.
Hopefully it's someone bigger with more cash in bank if we are going to share the spoils

Hi Bozi
Yes I agree that I'd rather have the cash for an expanded drill programme plus I agree with the preference to not have 1:1 warrants attached. So I guess beyond that it doesn't matter too much.
I think the way it was positioned ten days ago and the recent attempt at explaining it away weren't the best is all, but I'm not bothered.

As I say it's no big deal that I'll get twisted up about and not lose sleep etc.

KAV faired well today given the broader market context.
Atb

Too much interest as in interested parties cattle?

I'm not sure. I do think what you say has merit in that it can and would likely cause delays i trying to engage with multiple parties to extract more and more, sure diligence etc etc

That said I do believe a deal is almost over the line and perhaps some legalities or some such to sort. I'm not saying is best a house on my view being true though..... Oh hang on...;) (Joke obviously)

Hopefully hear something soon I personally believe. JV is still my thinking here but sometimes I question that and think sale so really I have no idea. But something.....soon

Atb

Seis did he happen to mention the biggest deal known to man kind for arcms areas, but arcm just forgot to RNS it today? ;)
Lol

In seriousness I may try watch a bit later.. But anything significant stand out to you with his speech?

Firstly I absolutely agree that KAV have legs and is why I have the position I do and I'm sure others have an even larger one.

That said I will call out the fact that a placing went from not being needed to one being executed in ten or so days because the market is a fast moving one smells a bit of a hogswash reason to me.
Yes the oversubscribed placing is good but it's because of that that they can raise funding very easily and quickly as and when needed. Rather than just because they can.
If Ben said ten days ago they are funded for current drill campaign and then has a chat with the broker who can raise and decides to expand a drill campaign that in honesty does seem a little ar$e about face. It should be the other way around. If Ben had this as a strategic plan ten days ago then his honest answer then would have been we are funded for the current drill plan albeit could look to expand / expedite the current campaign. Or some such.

All that aside clearly they have more news to announce and will be interesting to see what that is later this week and in the coming weeks.

I wonder if they will establish a strategic partnership with Mindea and Power as part of a larger grouped up JV. It almost certainly will be with Mindea IMO.

Anyway, all good. It's a wait and see.
While again BT could have played this a smarter certainly still very bullish on the potential here and won't be losing any sleep over it.

Atb

But as BCB says best to wait and see really.

While I'd prefer a massively higher shareprice I haven't seen anything that goes against my personaly investment case here. No one can control or predict the behaviour of the markets and buyers and sellers as arbiters of fair value often get it very wrong. This is what creates silly scenarios too high and too low where money can very much be made.
Stock markets are emotionally driven beasts.
The broader markets have had a bad day. Rambler is no exception. Thankfully the stocks I'm in generally have faired relatively well.
My view generally is if the reason I invest is still valid hold the dips, or even add.
If the reason I invested is no longer valid then I sell out all or some. Until the reason I invested CES to fruition. This is where patience is required.
Nothing here has got worse since I first invested, my personal investment case is arguably stronger now. So for me I'll hold ATM, but won't add further here for now.
I can understand frustrations from those here though as the share price here and has been too low for a while. So I won't be critical of those who are unhappy and may want to sell.
If it does drop more I will almost certainly add tbh.
Atb

P.s. The link I gave is clearly just a cut of the slightly longer one issued by proactive on Friday.

BCB in an attempt to avoid me spamming the board I'll add this here (apologies it's not against your thread). I think you're right a JV with the inclusion of further strategic partnership(s) to be announced with operational partner(s), specifically Mindea in due course by sounds of it.

Short video I should add. Lol

...
https://youtu.be/DPObYdz44aU

Legal, yes agreed.
Worzel you mean those fag packet calcs with potential in situ value of 8 trillion lol ..
As much as I appreciate the posts from KeithOz I'm not sure I'll wait for trillions, happily sell at 1/8000th of that :)
Maybe 2/8000 or 3/8000 given dilution over time :). Lol
I defo won't average up at the values relative to share price though.
Im looking forward to more news though and drills, whatever they bring up.
Atb

Yes Legalwolf I'm sure some will sell positions at a higher price to fund their participation in the raise with the bonus of the warrants in the bank.
As you say, it's how these things work.
All good though.
I anticipate further news in the coming weeks of drill plans, updates and JV arrangements.
I don't think the selling will damage the price for much or for long personally tbh.

I don't think they would have been forward sold as it went out over the weekend to First Equity.
Friday drop was broader I noticed but the mcap here still very attractive and thankfully we had chance to add at lower prices in market of late.
Only down side about not being with First Equity and not invited to the raise is not getting the attached warrants via normal market orders but hey ho.
Hopefully a strong week here and start of a rise.
Atb

Yes OC, it demonstrates the low market cap for the potential of the KAV assets.
Atb

I have only just seen this thread. I wonder on what basis people were invited.
Ive a significant position here but wasn't contacted personally.
I really don't like the fact warrants get attached all the time. But hey ho. I guess I'll have to add more if I want to maintain 0.5% here.

ATB Major Tom

EW

Yeah cases settled, settlement agreed to avoid further delays to activity etc. RNS for more info.

Casa deal failed but new one now looks alright. RNS for more info.

Zam deal apparently in pipeline. Watch this space.

Short and sweet but atb

Yes Keith, lol. That's why I wanted to confirm after my comment was also intended as a joke re pukka carbonatites;)

I missed the cash piece of the RNS. Multitasking man at its best haha

Pukka carbonatites was joke

Yes I suppose that's possible. I had assumed the RNS meant 50% of the total drilling costs via kav shares but I can see the validity in your assumption 50% of KAVs costs via drilling. So 25% of total costs.
Have you discussed pukka carbonatites before? Perhaps you can share your knowledge here?
I wonder if the KSZ plan and packaged update will include some form of deal with the driller too.
Find out soon enough I'd expect