Member Info for Horult

No I got out of CNE a while ago

at the moment I am holding HE1 MATD and just bought into QED on the low with the dilution drop ( sorry dai ) and COPL - I am in too early on COPL I should have waited till the final bond holders have sold but SP looked to be more stable and sideways got in at 2p so of course it dropped bit

will hopefully buy back into KOD this week or next before the deal finally get signed off, I have an auto buys at 0.55 and 0.5

for long term slow burners I have PREM, BRES, FRG, TM1 - I just sold EEE as I got 30%, will keep watching it may buy back in

Vast did just do a placing to keep the lights on

in the agm they got the vote to potentially raise another 48% shares - which was intended to pay off the debt if required but they have not done this yet, trying to get another extension on the debt since the diamonds are coming 'soon' if they get the diamonds or extension the large placing not needed - but there is only so many extensions the debtors will be willing to do

Yeah vast diamond delays continues so drifting, plus a placing. Still lot of uncertainty regarding the debt, they really do need those diamonds to pay it off

copl still going down on the conversion of bonds - but some shorts being reduced ( spreadex TR1 reduction notice ) and bonds slowly going, think there are just 8 bondholders left. Once they are done, it should start rising? On a long term low, upgrading of wells ongoing should be completed by end of month so they should get a production increase before the winter high prices and then a possible JV to come

I'm playing it by ear, trying to see it on charts.

but buying back before the weekend is likely for me, I think rig is due at weekend so there could be a monday morning rns?

For MATD in terms of Heron 1 dai - no drilling required, it is already a production well, they just need a crane I think

this could move fast into production, most equipment already in place

Leo lithium has suspended trading today whilst it awaits an announcement from the Mali government, should be back to trading by thursday

leo is australian listed so not likely a company we have any investing interest in - but this could have useful info for any other Mali miners like KOD

Seems its likely related to the shipping of ores, Leo just shipped their first batch. Government introducing new laws which means they get a slice of the pie - and who can blame them a lot of countries get fleeced a bit by miners. South African countries are moving more towards it being processed in country rather than shipping out the ores

Likely no affect on KOD as they are planning on processing it and not shipping out the ore and government already have a 10% share holding

Does seem to be a number of changes in Mali regarding mining and new mining minister - hopefully they will start to issue new mining licenses again soon....and when they do keep eyes on CORA whom I have mentioned before

You just can not predict it can you. I was sure MATD would be over 7p now the cabinet have approved the LP - it should be transformational for the company

can only assume people waiting to get the actual signature from the land agency and want details on when work will commence, confirmation of funding etc - should in theory be fully funded but how many times have we heard that before from CEO's

this also looks to be drifting again. So again I have sold half and will try and buy back in. Do not want to be fully out in case it suddenly spikes

This morning dai - I should have stuck with my gut and sold that chunk late friday afternoon

I am still twitchy here now as been stung in the past and then stuck in for a long time. So as much as I want it to do well, I'm still reserved about it

Happy with the amount I left in to be there, now back to a managable level, the other chunk I will trade in and out with

The drift does look to be on today, I have sold half my remaining holding I cant resist having some in!

will buy it back, hopefully, will try and keep chart watching for the end of the drift

Revb and boohoo spat looks over

boohooo got what they wanted now with those previously dismissed, then reinstated directors - now resigning!

all fun and games

I'm no longer in it sold when it was no longer rising - but it may rise again now that things are being settled

I'm still here dai cheers.

Been quite headachy and down yesterday, thunderstorms around and bizarrely they seem to affect me.

I mentioned bout selling HE1 friday but I delayed it, was hoping for above 10p. Late friday or early monday would have been a good sell. I'd almost expect a drift next couple days then build up again thurs fri fomo?

But really hard to judge - there's also a possibility that those warrants being converted may have dipped it yesterday - presumably they sold up after converting? So there's an argument to suggest it should rise today as that has been dealt with

Probably bounce around a bit here for a little while, 10p to me is like a psychological barrier and selling point

though we do seem to still have the momentum of last fews days plus friday fomo, I suspect it will push higher later in the day

Oops and there it is

10p certainly looks to be gone today

Yeah I didn't hang around in prd, just making yesterdays loss back

you would only have got the 40% if you had bought yesterday afternoon - and looking at the chart you would have had to have big balls to do that!

I was considering buying more at the 5.5p time too. But felt I already had too much in - and after previous history I was not gonna risk more and then taking my averaging down money out too as quick as I could.

will see what happens on friday fomo eh?

If it stays between 10 and 11p tomorrow I may be tempted to sell some in the afternoon. Surely the bubble has to deflate ( not pop!) before we actually get everything organised and ready to spud???

Certainly pushing on stronger than I was expecting today, I definitely sold that tranche too early lol!

looking like it may even get to 10p by end of play today

surprised at this to be honest, I thought this would be happening closer to spud. We still have not yet got a crew!

Shows how many people have been watching on the side lines

I've mentioned these a few times. DFS ongoing and I estimated september/october time for results. Could be good to be in before the DFS

I have actually put a buy order in today, using the funds I freed up from HE1. Yes its extra early but on T212 it will likely take hours for the trade to go through I can't jump in quick if the price decides to move.

Also they have limit on number of shares I can buy anyway so the maximum I can buy is 10,000 shares so I can't spend more that ~£650

they do it on these lower volume risky shares sometimes, it can be annoying it's my money I should be allowed to spend what I like - but at the same time it helps manage your risk exposure. I don't understand the metrics they use however, I am allowed to buy 1,000,000 vast shares - but I would not want that many of those!

depending on funds end of august time I may buy some more within my banks account £650 doesn't feel like enough

Never easy to get the timing right and it did look to be dipping back - only hindsight tells you its a bit of a tree shake!

its even hard on a day trade rather than a longer trade

still £40 quid pays for your beers this weekend so not all bad!

and its better than losing money

Ah I thought you had some, my mistake!

Thought you had missed selling at the peak