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Sold around 0.8p and I think we are around the bottom. News on bonds is coming which I would guess goes through with minimal fuss and then the news about increasing production begins. Expecting a move north over next few weeks as people buy in for news rich period.

Could be perfect timing with oil heading north.

Hi sense

With regards your question I believe the drilling is all about moving the amount of gold from the inferred section into the measured. So I’m not really expecting much of a shift higher in the total just a shifting around of the numbers. If you take a look at the presentation on their website you can see what I’m getting at. They will be looking to move more gold into the measured as this I suspect is what is holding up the finance. Wouldn’t surprise me to see the resource upgrade come at the same time as the finance or the finance shortly after it. Obviously this is assuming positive results!

All a risk but with the two projects looking to be in the right place at the right time the upside could be impressive.

At this stage with 14 potential investors I would say “shortly after” would be upto 4 weeks after the event. I’m sure it’s not that straightforward so some time is required to work through the offers to come up with a short list.

Very much so this isnt your typical dilution as we have a real large invester into this for the long term.

Company was priced to fail with all the COVID negativity, they now have a large investor, strong new board memebers, covinents to be relaxed and stong balance sheet. I can see this moving up significantly over the coming days/weeks.

So if it’s right and they are looking to raise upto £160m and can’t go above 30% without making an offer can we make an educated guess at the buy in price!
I recon if it’s about £140m being invest then we are talking about 55p. That will give the company a massive confidence boost so I wouldn’t be surprised to see this march on ~80p potentially within days! May settle back after that at 70p ish before a recovery over a pound in next few months.

Interesting point that the RNSs of late have mentioned EU sites have been mostly unaffected, anyone have any information on where the most revenue comes from country wise?
I think its safe to say there will be an impact on revenue this year and they have clearly looked to reduce that impact by reducing costs which is a sensible approach. SP has been hammered down expecting an impact but does the impact justify the SP going from 120p to ~20p on reduced revenue for ~2 months. With ~£142m in bank, banking facilities in place and minimal debt risk/reward looks low. I fully expect in 12 months’ time this will be >60p at least.
This is a great opportunity to accumulate and hold for big returns.

Good old AIM lots of ups and downs. It’s not all bad with a few trading opportunities presenting themselves over the last few weeks. I was expecting some more money to be raised as they line the pockets of friends with low SP shares/options and today looks like we have that confirmation. Expecting to see some news start to trickle out over the next few weeks and I can see this being >£2m MC fairly easily on p**s and wind. Worth a small trade/punt down here with potential multibags.

Enjoy the games

2p before the potential breach and battered down with constant selling of large holders has driven this down. Finance is sorted(short term yes) and seller has gone. This was ~8p before all this happened so even a move back to ~4p seems reasonable. When we start to see this making more money with the increased production/sales end/start of next year >10p looks on the cards.
Lock this away untill next summer and you will be laughing all the way to the bank!

TR1 is a notification if someone holds >3% of the companies shares. They have to inform the company/market as they reduce/increase above 3%. Think if they move above 30% they have to make an offer for the company.
Woodford fund has been reducing if you have a look at the recent holding(TR1) RNS's.

2/3p very short term, distressed seller out, expect them to sort covenant issue in next few weeks and then we will see sales ramp up. Can see this being ~5p christmas into new year just sit back and hold this one

Lastthrow i think many have lost money over the years and the last year odd have been a bit choppy in the markets. Even so your commentry of the meeting is of interest and shows some glimmer of hope. Ive bought in some punt money as I can see there being some value in this at <£1m MC.
At a guess i can see a new asset coming into the company within the next few weeks and a ramp up in MC to ~£5m. Can see some dilution and share consolidation at some point as this is AIM after all.
The tax losses and the listing does hold a value and will look attractive to someone. Cant recall the number but think a new listing company needed few million in the bank to be able to list so you could see some interest in picking up a listing with a bit of cash and large tax rightoffs

Fairly new to this share but i see some potential with the individuals getting involved and the fact we are valued ~£1m.
I fully expect the resolutions to be voted through otherwise this company will be dropping off the market. The possibility of new assets with the current valutions certainly has scope for >400% return.

This would only be punt money mind as its very high risk.

certainly nothing wrong wih that approach. As you say we need to see numbers now. Hopfully the ramp up in revenue has continued over the past few months.

Thats the risk you take trevor. Personally with the SP about the cash level down side looks limited to me whereas if they have been building up the orders then we could swing into profit very quickly. Happy to hold and see.

quisad - at the last report they had ~11.9m in cash and assuming they havnt made any progress on sales then we would look at ~3m of that gone(there were some one off expenses in that 3m last time so id expect it to be less). So id expect 9m at least so a placing any time soon doesnt look realistic but this is AIM so you cant rule it out.

I think you may well be right. Unless they are getting large single orders I don’t think they will specifically release an RNS to communicate it. Hopefully lots of small orders have come in.
Half year results showed healthy 11.9m of cash and at worse it would be ~3m cash burn but I think this will have reduced significantly. Revenue for 2018 was ~42k and first half results was 1m that’s some ramp up. I think the full year could well be >1.5m with a lot of bigger orders now coming in at the peak season.
All the data shows you increased revenues + cash ~10m coupled with social media indicating more and more interest in their products. Its all about getting the volumes up and once we have that this will flip into a profit quickly. Looks like a nice business building up and soon the market will be buying in with >10p easily achievable short term.

At the end of the day koov is relativly small so they arent just going to walk into big profitable deals with bigger companies unless the bigger company sees a way to make money. KOOV is also a relatively new(few years old) company so its all about getting the base right and building on it. Not really sure they have done that correctly in recent years but the big cash injection for advertising and a tie up with future recently makes me think momentum/sales are about to take off. With Amazon now going into future that makes things even more interesting.
For me if the advertisng continuess to attract new/repeat customers you could go from non profit to profit very quickly.

Been seeing NT more recently. Woodfords shares are moving into sticky hands is my feel and the flippers have mostly moved on. This will be ~4p in next few weeks especially as we move into September which is normally a positive period for shares.

Hold tight all easy 100% return.

RNS says woodford is <5% not zero so he could still be dumping up to 4.9% of the shares. Im assuming we will get another when he is below 3%. He cant be far off being out is my guess so Im expecting a big shift up to 3/4p in next two weeks.

Very twitchy this morning got a feeling woodford is out/almost out and this is about to fly to >4p. Sit back and wait now.