Member Info for Gheko

We bounced nicely off support line at circa 3p so upper trend line to aim for is 5.8p. That’s without news of course. With nice news the doors are blown off!

Could catch the sellers out. Must be a reason for the surge last Friday.

My 55000 buy showing as a sell.

What a truly dreadful presentation. I had given the benefit of the doubt and invested here but sold out in hearing the presentation. Why.

1. Arrogant and rude towards the woman hosting the event. Very unprofessional.
2. Was clearly like a rabbit in headlights when asked about the 4 assays we were allegedly still awaiting results. Turns out there were just water holes and stuck drill bit holes. Non3 of that reported to market.
3. Sacked the first drill company - no RNS on that.
4. Rapped by regulators for that stunt with the photo of core.
5. No straight answer on funding. Avoided question talking about if other acreage comes up but how will they fund another drilling campaign without a placing?
6. Carry on antics with nudge nudge wink wink chats in Perth bars. How unprofessional for a listed company.
7. Looking back over 10 years on pro active site you see presentation after presentation of expanding assets, excited about future etc etc and for what?

8. Finally his apparent anger of a ‘pin cushion’ of drilling in the wrong place!! Sorry thought the CEO signed all this off.

A car crash of an interview. If done to attract investors then suggest the opposite has happened. Why have Newcrest or ‘twiggy’ as he referred to the respected Mr Forrester not bought them out if so good.

Decent management may be able to rescue this but otherwise as dragons den would say…….I’m out!! Wish you luck if you staying.

Buying at 16.119 showing as sells as one was mine.

All set up for a good week next week.

Last lot of traders out into the hands of investors looking at the bigger picture and spectacular gains coming.

Have a good weekend all.

With all those &15k and £25k buys today wouldn’t want to be out over weekend ??

All aboard……

Someone buying up £15k blocks at a time. Don’t blame them!

Basically taking a deep breath before next run up.

We have a lovely chart at the moment. At bottom of new trend channel having come back circa 20% from recent high.

Well placed for next push back through 4p to the rising trend channel next resistance at 5.8p.

However with the news coming soon on multiple fronts those numbers could well be blown away on the next rapid rise.

Lovely top up for me this morning thank you. We’re going ballistic Mav!

Spoke with Proactive and the presentation from the event in London should be upLoaded by end of week.

I wouldn’t get down about the current price. Remember it went down to 15p so those selling on the news made a tidy 30+% profit.

As news sinks in this will come good and who knows when another contract win lands. Looking ok to me.

Kicking in already. It’s gonna blow captain!

1/2 million shares bought in quick order so the buying pressure is on. Another crack at 4p today?

I make it about 9% of the entire shares changed hands again today. Phenomenal.

Next chart trend channel is 5.7p and that’s without news. Drop another blockbuster RNS like the last one and it will blow the doors off that again! Good fortune all.

With circa 84 million shares traded today that is about 3% of the total share changing hands.

Seems like something good finally coming. With a tiny market cap this could do a multibag very swiftly when news lands.

Annoying that we never appear on the leader board despite being either the leader or top 5 on many days in last week.

Will drop LSE a note!

With any deal with a major then this is worth 10x current market cap (35p-50p) realistic.

Ginksy - hope that wasn’t aimed at me buddy. BB’s exist to share info and views. I got no view on RevB just sharing info out 5bere.

Business section - Understood the FCA is aware of allegations of irregular business practices that will force executives to restate accounts. Among the alleged findings by law firm Macfarlanes were:-

‘Unacceptable’ loans to senior managers.

Requested that distributors book orders worth £9 million to meet financial targets.

Failed to consider key info when acquiring a company owned by the then chairman

Number of issues that may have impacted the price Rev paid to acquire co founder Allsworths Medichem company.

By looks of article the investigation report seems almost done so suspension could be lifted and accounts will need to be re stated at same time.