Member Info for Horult

Yeah amte looks to be popping now after that massive 80% discounted placing

I could not buy in T212, not much liquidity so was not going through. I did manage to buy some through my bank but only had £300 quid free funds there but at least it is some skin in it

Maybe 3p is a bit optimistic but I do think 2p by end 2024 is achievable based on zulu alone.

I was wishful thinking to 3p in the hopes of further developments on the mutare project and the EPO.

Diversification is definitely recommended. You do not want all your eggs in one basket. You do not want all your funds in a cineworld/mccolls/wilko

Prem is a proper rollercoaster.

I have 1mill shares there also on a free run so am pretty chill with it😁

The temporary mill should be in place pretty much now, should be going through testing and optimising. SP should bounce when that is confirmed in RNS. In theory it will be producing at approx 50% nameplate capacity by october and first shipments of spodumene sold november. It should bounce hard......but it is prem, there could well be more spanners in the works 😂😂😂 large chance of another fundraise before end October to keep the lights on

New proper mill should be in place Q1 and in theory then running at 125% nameplate production. It does seem a cheap price considering it is going into production but lots of previous issues so lot of uncertainty i guess.

'If' things finally go well i would hope for 1p by christmas and 2p by Q2 potentially 3p by end 2024 once production shows it is consistent and the loan paid back to canmax, pure profit from that point.

After that....well the zulu project is 3.5km squared the size of the EPO is 205km squared...who knows how much more resources they will find...not to mention the 50‰ ownership of mutare project with LI3 which is starting to look juicy too!

My free ride is staying put for about 5 years and I'm hoping to swing trade to add to it. 0.4 is good price. I obviously think it is worth a punt, buy 500 quid to invest and 500 quid to swing trade with and keep topping up your main pot (or 1k + 1k).

Thats what i did with kod and prem i am tempted do it with ALL and BRES if things are looking good with them. Invest 1k swing trade 1k - take out original investment when i can to get on a free run. Continue to leave half in and swing trade half to gradually build up the shares over time.

Only doing it on 3/4 companies as we know staying long term on AIM is very risky but if you are lucky enough to choose the right companies and lucky enough to get it onto a free run, your laughing😂

It is annoying i thought it would have started rising by this time coming up to spud. Hopefully it will bounce on the spud date rns.

Oddly timed fund raise has not helped. Why did they not raise on a previous spike? And i still find it weird why they will not come clean on how much the rig cost, it will come out in the accounts at some point anyway, makes it feel like like they are trying too hide something.

It would have made much more sense to me to raise on the spike straight after the rig purchase rns. After all the hassle we have had with rigs for 2 years, an opportunity to huy our own rig appeared so we jumped at the chance to help prevent issues with future drills. By the way it cost us xxx and we will need to do a raise to cover costs -everybody would have been perfectly happy with that. I suspect we would have had a higher sp right now if they had done this, instead we got uncertainty, unclear and cryptic messaging and an oddly tined raise.

I am really uncertain on this company now. But the potential resource is still likely worth the risk.

Kod have license and funding in place. Chinese government has approved their side. It is awaiting on Mali government red tape. Setting up new subsidiary company for the bougini lithium project and transfering the mining licenses to the new company.

Once finalised the chinese will transfer the 100mill and mine/plant building can begin.

There should also then be some spare cash and time to proceed with the nielle gold project which was basically getting close to dfs finish but everything put on hold to concentrate on the lithium project.

Could be very good long term but its AIM so need to be brave to hold. However there is potential to buy now and get 100% on the red tape completion, take out your funds and leave the rest on a free ride for 3-5 years.

I have 1 million shares on a free ride now, am trying to get more free ones added with some swing trading.

I didn't quite get my 0.57 price on kod - sold at 0.55

will see if I get my chance to by back 0.50 early next week, before further friday fomo

It is still on long downtrend on a weekly chart, so you could be right it may dip again

I decided to lock in a 30% profit and run, I do have a holiday credit card to pay off afterall!

Looks to be rising again now the profit takers are finished, potential to rise further this afternoon?

Seems that price was RNS in July so they were plenty warned about it, so I guess that's why not much complaining?

odd why it did not drift down to this SP earlier?

and what a warning, anybody who shorted it after that july RNS is laughing!

See the post from ghengis15

I think a bit more funding is required, however with piedmont backing and miif backing once the license lands I don't think there will be much of an issue in raising further funds if required

though that does not bother me at this time. I am in it to be selling up on the license spike news. Not in it loooong term. As much as I like the company and invested several times over the years, long term with AIM has burnt me too many times. I'm only risking looong term with prem and kod ( and only because those funds are now on a free run )

though may be tempting to try and build up a free run if I can time the swings as I do like ALL, hmmm will have to think on that

Amte potential recovery punt???

placing at an 80% discount

Yeah sounds promising

reading between the lines with it - would the mining investment fund of Ghana invest if the license was never going to come?

looks like a nice derisk moment and indicates mining license will follow shortly??

:-) this is my happy face

My 'feeling' on kod, nothing substantial to back this up, just based on what I think the sentiment is, fomo tomorrow hence why trying to sell at 0.57

no rns on monday, will dip back to 0.5 when I will buy back in all being well

I think it will rise back up towards end of next week and then rise/sideways week after

but then if no RNS 3rd week of sept I suspect it will drift again imho if no news by 25th- the closer it gets to the end of month with no news, the more we will be expecting another extension

but it could land anytime, so I'm keeping half in always and just trading with half

Ran with 10% on cvsg 😀

it's nice when a punt plan works!

Instead of 30 day extension it was a 60 day, that was for end august

it was extended again 30 days to sept

I 'think' this will be the last extension but who knows with government red tapes - but it has been in progress since feb so surely will not be much longer

Kod I am still thinking will get final sign off by end of september, should get decent rise then- and then possible drift next 12 month whilst plant is built ( they could get other news spikes during that time however e.g. Nielle gold news )

is a bit volatile so have done a couple of trades on it recently

I don't think its taken a bashing really - zoom out to look at the weekly chart rather than a daily chart - its been on downtrend since april - last couple of weeks it has been spiking on rumours and speculation and then the RNS have been looking quite promising, on a weekly chart its actually up last couple of weeks not bashed imho

I'm hoping to sell half of my holding at around 0.57 today/tomorrow fomo then buy back next week 0.5 then probllby no more trades till sign off competed - but if deadline gets extended again could be more trading opps

Though to be honest I'll be happy with taking a day trade of 5% personally

I got 1k worth of cvsg at 1500 as that had a bigger ~30% drop thought it would be the better of the two for a (hopefully) short term pullback 10-20%

Potential for recovery plays at PETS and CVSG?

both look to be down just on the competition and mergers review rather than anything fundamental with the companies

Enjoyed my hol thanks dai

though it was very hot, the humidity there makes it feel even worse it was relentless. Even the locals were struggling, they were saying it was unusually hot for august. A bit of a concern for a few days when the the storm Idalia was coming - but fortunately ( for us ) ended up not coming too close

yesterday in a queue in epcot a little American girl said "daddy look its the man from taskmaster" now I hope it was the english accent she was referring too rather than how I looked.

and if it was how I looked I hope she thought I was Alex Horn rather then Greg Davies!!😂😂😂