Member Info for HawaiifiveO

Positive update today, still suggesting the rest of the funds will come 'later this month' It also now means the company has a near 23% interest in the Kabwe mine which, as stated in the RNS, has in-situ resources of over $2 billion.

The vendors receiving 6.3m shares at nearly 8p, locked in for 12 months for the initial circa 23%.

SKA shares should start to materially re-rate from a very low base.

Chartist says the bottom is in............

#WSBN As mentioned a few days ago we had a downside risk of 0.83 to 0.77, this has now been HIT. Textbook move to retest broken resistance, acting as strong support.

I fully expect the downward move is now over, I have been filled on my orders at 0.80 and below that I had set. This is a bargain at these prices. Next stop for a AB=CD type move is 1.36-1.40p before a slight pullback and then on to 2p and finally 2.6-3p

https://x.com/Chris87Trader/status/1990816767430594981?s=20

Stephen11

Exactly, the dispute shows how valuable EME's stake is and Conrad will be shooting themselves in the foot if they pursue it as it will stop the Farm Down process.

Sellers this morning have been panicked out, the shares could quickly recover as the market realises the true situation.

Looks like a spat about next to nothing, Conrad seeking circa $750k but history tells you (as per EME RNS) that they happily settled a larger sum with CORO at a material discount, a precedent made therefore, EME disputing the situation referring to ongoing discussions with Conrad which seemed to suggest a amicable settlement was close.

If nothing else this 'dispute' shows how valuable EME's 8.5% stake is, estimates range $20m to $60m.

Once the dust settles the shares should recover IMO.

Well according to Grok based on the diamond numbers & qualities provided by VAST today the valuation range is........

Low estimate $9.6m

High estimate $38.5m

Make of it what you will.

Very little stock on offer early doors.

Shares remain materially oversold.

Spotted this on X, this fellow seems to have been right once and could well be again, suggests the stock is a strong buy at current levels.

https://x.com/Chris87Trader/status/1989308401604571173?s=20

Part of his summary here....

Black Friday sale currently in progress. We rose 500% from 0.38 to 2.00 in 6 trading days on anticipation, we have retraced more than 50% of that sitting right at the 0.618 fib and major support area. This is a strong buy, upside target 1.40p and then 2.6-3p thereafter.

Online buying been cut off twice so far this morning, worth noting, suggests they do not want to sell you many shares in the .80p's

Very little stock on offer early doors, shares are materially oversold, drop has been on low volume also.

A decent bounce cannot be far off.

I see the recent posts from Goldbug, namely Bill Trew/Paracale, 2nd largest shareholder in Goldstone.

If discontented with affairs at GRL and he believes significant value can be achieved by a change of BOD then surely the best route would be to make an offer for the company. I suspect the vast majority of retail shareholders would happily accept the suggested 1.4p a share offer that was apparently made in April, that would probably be enough to gain outright control.

I have also noticed the regular 1m buyer continues to acquire, in my view now is the time for retail investors to build their holdings, we could shortly be in a position where the two major shareholders may want to increase their voting power, they can only do that via the market currently.

DYOR etc.

Not so easy to buy in size right now, no wonder after today's low volume disproportionate drop, good luck trying to get a decent slice around current levels is all I can say.

DYOR etc

The bashers are here for a reason, they want your shares as cheaply as possible, think about this, on a very low volume trading day for WSBN there have been over 200 (mostly bashing) posts on the board, higher volume of posts, as fear hits weak holders the market makers are taking out stop losses with a disproportionate % move accelerating the selling pressure.

The shares are materially oversold, as everyone is aware can turn back up rapidly with an equally large % move.

It is clear the bashers have no understanding of the proposed consolidation, neither do they want any understanding, they are simply using it as an excuse to drive fear into weak holders for their own financial gain.

As I implied in my last post here, when a BB becomes frequented & overwhelmed by bashers it is the time to buy.

DYOR etc.

A bulletin board full of bashers usually means the time is right to buy, some of the negative commentary is pure comical, clearly the 'entities' behind the bashing accounts are clueless over market matters.

DYOR etc.

A good point concerning EME, noted how the MM'ers took the price down to .055p a few days before the announcement by Conrad overnight on the ASX which then produced a 100% gain for EME.

Mind games are played by all when there is money to be made, VAST has fallen from .40p's to .18p currently in circa 2 months, a 50% loss ahead of the diamond auction, no-one was expecting that, however, as others point out IF the sale delivers (and remember how much excitement there was when they were released) it is entirely possible for 100%+ gain in a session, worth bearing that in mind.

Also remember all those 5m+ buys over recent weeks.

Like I have tried to imply it is in Brewers interest to get the funds delivered, as the 2nd largest shareholder in Shuka he wants to significantly increase shareholder value more than anyone.

The rest of the money will eventually come and so will the re-rate, from a VERY LOW base !

You need to be in it to win.

I would suggest the consolidation is to facilitate an overseas listing, it would also flush out any entities that are stake building (it could be occurring under radar)

You can rule noting out however it is worth bearing in mind the postal address, close to GGP, the geology looks to be on trend, with a major discovery highly possible.

Not uncommon for leaks to occur, if that interval is correct you are looking at a serious development !

Mail on Sunday got to this 230M - 470M interval

Clearly Brewer & GMI are able to acquire significant funds, one wonders where this money is coming from, maybe there is another tranche of funding inbound into GMI and it simply has not arrived yet.

Brewer will be anxious not to fail on delivery as ultimately he has the most to lose being the 2nd largest shareholder in Shuka, the situation is exceptionally frustrating and now the runway has extended to 'end November'

Shuka needs to sell the stacked coal fines to raise $300k/$400k ASAP. Maybe news on this shortly, something has to give.

Pleased to be a supporter of #SKA acquisition of the world-class Kabwe Zinc Mine.

From major equity investor to the Company's sole debt provider.

Stepped up when other funders pulled back and still 100% behind what management have ahead of them.

https://x.com/JB_MiningAfrica/status/1987754764264739120?s=20

https://x.com/JB_MiningAfrica/status/1987758848057475431?s=20