Member Info for Fukurokuju79

Yes Keith certainly interesting the strike price of the payment is significantly higher than the current price. While I prefer no dilution, ultimately if we were going to get some (which is clearly inevitable in non cash generative exploration) I'd rather it's at a 50% or so premium to the current price that has been accepted by the driller.
Given they are on the ground and are experts in what they do and see, this is encouraging. As opposed to say a discounted raise in the markets.

I assume the 50% costs via kav shares will cover all the 50% attributable costs to KAV. With PoW forming a similar deal or payment via cash. I couldn't see a similar deal in the synchronised PoW release, so probably cash their side is guess.

Anyway, have to wait and see.
Atb

Eagle eye. Blimey I struggled to see those even after you pointed them out haha
Why hesitant to ask? Not like you....
:)

At

Ben T said he will release full info on the KSZ as a full package. I'm not expecting much by way of the assays as we all know they drilled between what turned out to be multiple bodies. I would imagine the next steps on drilling will be part of this packaged update.

Management believes a broad reach of discussions helps mitigate project risk and creates competitive interest.

I had just copied this piece too but to say you have thought they would have realised this before when they spent years applying bulk samples to the one company.
May be for for a rebound position here. I believe in the future of the product and the resource. Just not sold on the management.

Hope you all do well though

For the OMI 'shout' not 'should' doh

PIface is an appropriate name for the OMI should lol.
Wouldn't have minded a piece of vast though.
Decent day here. See what the week holds now.
No predictions from me ATM.
Just a hold it and see period. Hopefully a rise.
Atb

Hi Ella
You noticed but ignored huh, not like you. :)
They wouldnt be the only ones to call the price wrong on a stock recently hey Ella....
Don't leave the pie too long it'll dry out
Atb

Talking of astronauts Ella ..... :)

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Lol. Clearly in jest. I do believe a deal is imminent. I can't call a price without details of said deal though.

Atb all

Thanks Keith.
So I believe from your post that based on the info available to us in the RNS and the current stage of this drill campaign that we can not determine anything good or bad (with a reasonable confidence) from this RNS?

Atb

Yep will find out soon.
I'm certainly in the camp that it was the court cases over the assets associated with any potential JV in Zam that would have been the issue to concluding any deal. Rather than the sale of a non core asset (not associated with the JV areas) being a condition on its conclusion.

That said it's all superfluous really. We all await the key news of a JV or other form of trans.

Have a good weekend
Atb

Hi nedk. Out of curiosity what makes you feel a JV on the Zam assets or parts thereof would be dependent on the conclusion of the finalisation of the same of an unrelated non core asset.

I'm not sure I see that same dependency as you do so would be interested in your thought process. The only one I could envisage would be if it was dependant on our cash balance but I don't think it would be that personally.

I believe from my memory recall ( may be wrong) that NvS also didn't see anything in the way it the/a deal with the court cases out the way.

Just my view.

Atb

But it's gaining fuel...

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.....(VVV)
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.......(V)

Atb

Ella

'I'm in shock! Pie is currently in the fridge.'

Take it out the fridge. It may be that time to eat said pie.

I wish lse had emojis

Im not sure I'd class KAV under a recovery bracket to be honest. I can understand that perhaps you consider it that the last proof of concept drill was a failure but I personally don't/didn't.
I respect you have a different view but I feel differently very much along the lines articulated by Ben etc last night.

I am of the view the recent period has been and continues to be a time to accumulate. Rather than wait until it's 2x the recent price opportunity.
While I still see 5.5p as a good price should kav be successful on even just one of their prospective areas, I personally see little benefit in waiting to invest based on the shareprice.
Plus if anything the placing price may create some resistance in price gains;I'd still anticipate it breaking that though.

The assets won't change because of a higher price. It's all about perception. As KAV are not cash generative, as an explorer, it's more about the asset progress than shareprice to determine entry. I think recovery stock isn't the right phrasing.

But accept you have different views.

Atb

Wouldn't bother with good old Ella tbh. But to each their own.

Keith I expect you meant aim style / stage exploration company as obv KAV are main market.

I agree the rewards here are incredibly potentially rewarding. I've accumulated about 0.5% of KAV now and I'm fully expecting it to be a bumpy ride but also rewarding in die course.

As for the discussion on the geological aspects of the projects I know whose voices on this board I would rather listen to in terms of interpretation. P.s. it's not you Ella :)

Atb all

I missed too. Will watch tomorrow.

Gla

Sadly market participants are emotional creatures and are not good arbiters of valuing a business, so the markets regularly mis assign value (sometimes for a fair time). Gladly, these are the times when I take or add to a position. Especially when their is strength at a macro level for what an undervalued company have.
Bit like Arb at 3-5p (albeit a caveat I'm not expecting same market returns here).
Patience will result in a very strong return here IMO.
That said AntH etc are welcome to share their views, as are people welcome to disagree of course.

Atb all

Those last set (Ming North) are seriously nice right......

All being well I intend to buy the dip for sure. Can't ATM and have a fairly decent position anyway but want to just over double it if other investments allow. They aren't ATM lol.

Anyway
Gla have a good weekend

Well sounds interesting and will see what happens. I think it's more than enough time now and I take the info with relative good faith. Clearly have to wait and see what comes forth over the next week or two.
Gla