Member Info for hazrat

Was right the first time.

Gakara even

Hmm reaction to this will be very interesting. Nothing from remaining anomalies but Kiyenzi is positive. Also silent on Gaswage drilling



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one can only assume the raft of buys are actually sells. Otherwise very odd that the SP has dropped.

Ouch but if I was retiring I would do the same. Interesting timing as surely in a close period. Also, a bit worrying because if results are going to be great, why not hold for another 3 weeks and reap the gains.

Great you are all still around. Against my better instinct I have held my investment so far. Still 18% up but getting a bit worried about another placing. It is going to be a very close run thing as to whether or not one is needed which should have been a red flag. On the flip side, I am not a trader and rely on news to guide my decisions rather than a gentle slide on low volume. Still think the potential here is amazing but also ready at 8am to sell all before I make a loss of news is bad.

Very quiet here these days. Have the likes of Tiger sold out and moved on?

Where did you get that information?

Seeing as less than 0.5% of the companies shares have traded in June, the drop in the SP seems a bit over done.

Thought phase 3 didn't start until september

2 possibilities as I see it. 1. News of a placing or crap drill results has leaked. 2. People who have made some money have lost their nerve and are pulling out just in case the results aren't great. No official news and so no openly known reason for the SP drop.

RBW is main listed, not AIM.

A sea of red the past few days which really surprise me after great results. Of course some of the drop is related to going ex div but seems very over done. I sold at 220 but house sale fell through and that market is really rubbish. Very tempted to buy back in at these prices.

Year end trading announcement was on 5th July last year, probably similar this year. IC reckon the results should be cracking and will hopefully, finally get the SP above 50p and moving further North. Profit forecast to double so given that the current PE is below 7, the rest rating could be spectacular

Vague med statement sounds like a delay to me

SP dropped on the tiniest of volumes, frustrating

See below. He was confident the last 10 or so times as well but failed to deliver then as well. I Am long on this share, both on terms of having a position and the expected time frame for news.

PATTSV is right. Company has set a date for having the deal signed, therefore, they have effectively set a deadline to have it done by. If they don't achieve it, very little credibility left. Over promising and under delivering. Why not do as PATTSV suggests and keep it loose.

The June deadline is important in the context that this company has consistently failed to deliver on what it has promised. Look back at the RNS over the years. What little credibility the Bod has will be destroyed if they fail to deliver again. If nothing happens before the end of June, the SP will tank. However, if a deal was then signed in July it would obviously rise rapidly.

It is very hard to say. What I haven't factored in is payment terms, could be 90 days for all I know which would be a big problem.. Assuming $1m on equipment not spent, stockpiled concentrate sold early enough on the quarter to get the cash before the end of June and 200 tonnes a month production from April, cash could be as high as $1.5m. They could aslo do a placing tomorrow morning as about to run out of cash. Until the next update and financial results are released it is all guess work. Point I was trying to make is that a placing or taking on debt is not a definite. The company could, with good management, become cash generating this quarter. The key is the speed of the production ramp up so the cost per tonne reduces, speeding up the transport and in port processing time to get sales flowing and how much is being spent on exploration and equipment.