Member Info for HawaiifiveO

Takeover speculation....

The company did not deny there was any interest, they suggested a bid was possible, adding they would not accept any offer at the current share price level, why would they, shareholders would not accept a bid sub 5p/6p for certain.

The current share price is a ridiculous anomaly value disconnect, the business is valued at near zero when you take the cash into account, that discount is slowly closing but real value to peers would be north of 10p a share or a market value in the £20m/£25m region.

The stock is nigh impossible to acquire currently, it is going FAR higher IMO.

DYOR etc

There is very little stock available online currently, the re-rate will continue, it is only a matter of time before we see 5p+, plenty of cash in the bank so no worries of dilution, it is clear the company is on a growth path.

In due course those broker notes offering target prices circa 10p a share will not look so far fetched.

Buy low sell high.

Yet again antics with the share price, wide spread, bid/offer moving around on tiny trades, one assumes the VWAP is based on the mid price so is this why? What seems very clear is the market does not want to sell very much stock around the .24p/.28p level.

The market knows news could come on a number of fronts at any time, clearly the market makers are wary hence the difficulty in getting a decent slice of stock.

Interesting times !

Still no idea on the DRC, Bell has not posted on X for nearly 24 hours, does not mean much I know but he has kept very tight lipped since that initial post and photo about going to meetings.

I noticed the RRR DRC rep, namely Barry, posted on X for the 1st time in ages a day ago, probably not relevant but there we are, this matter keeps rumbling on. As I posted previously it is clearly evident the former JV partner wants RRR to give up so they can then bag all the cash themselves, it is not going to happen.

No doubt some form of news will come soon enough.

Another new interview with Alan Green

https://x.com/SharePickers/status/1769751103074078886?s=20

Seems to me the share price is in uptrend with some reasonably chunky buys hitting the tape early this morning.

For what it is worth a well known chartist has a short term target price of 4p, also interesting is CNSL seems to be attracting attention from a number of well known city commentators, it is only a matter of time before the share price reflects true value which is north of 10p a share.

Even at 10p a share the company would only be valued at £23.7m, if anyone is looking to bid the clock really is ticking down.

Buy low sell high !

The investor who recently took 3.7m shares at 4.5p can hardly be happy with the bid now sitting at 3.2p, these pre revenue explorers just keep going down, down and down, hard to believe this was trading at 17p in January last year.

I took a few around the 4p level but wish I had not, not sure about attending these trade shows either, it's all a massive ego trip for management but what did the show really achieve for FCM ??

Does anyone know why Ayub Bodi, resigned as a director? His family are one of the largest shareholders with 12%, no explanation was given.

Where is the money coming from for the next exploration campaign ? Placing stock at current levels is surely a no no.

FCM is illiquid and can reverse a downtrend quickly but it needs a meaningful catalyst.

Tweet here with link to new research from WH Ireland

A resource update is anticipated says the broker note

https://x.com/Brand_UK/status/1769660176720633951?s=20

https://x.com/AngleseyMining/status/1769691665235607829?s=20

Comments on possible bid for Oriole

I view the possibility of a takeover for Oriole quite high given the very low market value and their large foothold in Cameroon, what mid cap or major would not want to be part of a possible new in country gold district.

Most of ORR equity is held by retail investors, many are under water even after the recent rise so a all cash offer at a decent premium would be very welcome for certain.

I have mentioned the Tembo Gold / Barrack tie up in Tanzania which propelled Tembo share price ten fold at one point, it is clear majors are looking at companies that have large licence footholds (like Tembo)

Only time will tell but ORR looks a very juicy target currently.

Hard to say what has happened in the DRC, what I did find interesting is that Bell all but shamed the counter party solicitor who apparently was holding matters up because he thought he would not get paid by his client. Bell then stated that this person wanted Red Rock to pay him out of the proceeds (so is that a clue the money is close). Bell then went on to suggest this person was a Minister and tried via his office to block progress but had failed and he will be a Minister no longer for various reasons,

To conclude if the counter party lawyer wanted payment from Red Rock it indicates the process is close to closing otherwise where would Red Rock get the money?

It is also worth noting the counter party will also receive another $5m so it is not in their interest to block forever, it must be increasingly clear to them that Red Rock will not give in, for all of Bell's faults he has won many protracted legal cases in difficult jurisdictions.

Bell has gone quiet on X re the situation, his last commentary was all was going to plan and shareholders would need to wait for the news.

I would suggest the chances of a positive outcome is higher now then ever before, time will tell.

The Lanstead deal was an atrocious one, truly atrocious, they were either desperate or as I have implied many times not market savvy.

I suspect they have barely received £275k over the 7 month life but have, in effect, issued 300m shares to secure that, equating to a SP of 0.091p - a great deal for Lanstead.

They really do know how to get shareholders backs up. I suppose they think everything in the garden is rosy, fact is the CEO has been in place 5 years, upon appointment he had a mission to deliver a re-rate from circa 1p a share, at the time there were only 500m shares issued, there are now nearly 4 billion. He failed and will bat that away with aplomb.

If you look carefully at the deal with BCM it was Eileen Carr who drove this, they were her contacts, in an interview I believe TL said as much.

So what has happened to the Canadian investors

What about the cement deal

What about early gold production as telegraphed (remember they were supposedly talking to parties)

What about new JV's

What about the prospective sale of Senala (I fear Managem Group are more focussed on the nearby Boto project) so it looks like a stalemate dressed up as forming a JV company.

Elephant Oil, forget it

Muratdere well who knows, the royalty might be worth £1m to £2m but nothing EVER happens in Turkey

Just some thoughts ahead of the weekend, BCM JV's a great deal, Lanstead atrocious.

The deal looks like a large one and it's close, got to be in SKA to win !

https://x.com/Shukaminerals_/status/1768581063155089490?s=20

What is very clear, beyond doubt, is the bashers are working VERY hard to try and supress the rising share price, their master must be very unhappy since it has already doubled from the lows.

Well the next move, as forecast by chartist Zak Mir, is to 4p, filling the 3.75p chart gap in the process, from there 5p+ comes into sight.

Remember the Health and Nutrition business has been valued at £25m or around 10p a share by brokers Finncap.

Buy low sell high.

Post on the other thread shows Jag centre stage at a city lunch, looks relaxed, the poster suggests he is promoting CNSL.

https://ibb.co/ngP3hCW

I see ThePublican777 is still forecasting tales of woe concerning HZM for his employer Sh@rep@phets and their shorting chums.

Fact is this alias has no more idea of the outcome than the next person, one might as well say by end June the share price will be 30p+ that statement has as much credence.

In the meantime you place your chips on the AIM roulette table.

Bell said in his last commentary on this bulletin board he considered there are short positions in RRR, he also implied it was likely some of the short positions were held by market makers/insiders, he would have a better idea than most.

It is my view the bashing brigade are joined at the hip with these entities, the market stinks and is as corrupt as it has ever been, in a nutshell it is plain easy to make money on the way down, it is nigh impossible to make money on the way up.

If you look at this sector over the last 3 years there are hardly ANY success stories, bulls have been destroyed, the same city spivs complain about lack of corporate activity and liquidity, exactly how they make their money, it's obvious why but they are too dim to see it.

I would early love to see some more bucket shop brokers fail, aka Beaufort Securities, Xcap and a few others historically, the majority of the bucket shop brokers have balance sheets as thin as most of the AIM listed junior explorers. Until the corruption ends this sorry tale of AIM woe will continue.

In the case of Red Rock it is obvious entities are trying to protect a large short position which Bell talked about, they close down online buying in a flash to quell demand and once prospective buyers tire the status quo of drop, drop, drop continues.

You cannot buy at .07p currently, IG are quoting .078p for anyone interested.

Well if it means anything from a technical perspective the shares have strong support at current levels, the RSI has fallen from a very overbought 84 to below neutral 40 and has bounced off this level many times historically.

As mentioned yesterday the share price is off 55% from the intraday high of .57p reached on 22nd January, IF Lanstead stop all the ingredients are there for a rally back to the mid/late .30p's IMO.

The bashers simply do not get it do they, why should anyone listen to a word they say, they were 'advising' onlookers not to buy late last year when the shares were 1.6p they doubled soon after, they were bashing away when the share price was 2.45p to buy last week it is now 3p+ to buy.

The plain fact is this company is materially undervalued and finally it is getting market recognition from astute types.

You can either sit and watch it propel to 4p/5p6p+ or take a position, there is no fear of equity dilution, the company has £4m in the bank verses the current £6.5m m/cap.

Annual market value of gut health worldwide is $40b and growing - remember that !

Buy low sell high

#CNSL currently top of the pile, finally the shares are getting some promote, the undervaluation is evident, remember the Health & Nutrition business was valued at £25m alone, circa 10p a share !

https://twitter.com/ZaksTradersCafe

More media - retweeted by Zaks Traders Cafe on X, he has 28,000 followers.

https://x.com/Oilplayer2009/status/1768184689276137644?s=20