Member Info for inforthelongterm

Exactly the way I see it. If we need extra cash to subcribe to more shares in GMSI then that would be good news as the price of the option to buy the shares has already been agreed and Kolar would have the information on drill results before they make their investment.... so the drill results would have to be very positive.

Looks like a distressed seller this morning, no news from KGLD, fundamentals still the same, still valued at around the present cash value with the £2.8m investment in GMSI thrown in for free so decided to top up a bit at these levels. Fantastic value at the moment IMO.

With the share price now at 1.5p, it has just popped above the 50 day moving average - normally quite a bullish signal. A rise above 1.6p takes us out of the wedge and would be a strong buy signal. Just the right time for news to be released (please).

Rerate of Gmsi looks likely by year end with the planned resource upgrade and either the merger with DGM or listing themselves on the BSE. Wonder what the nav of kgld will be then

I see your top up went through on ISDX. L2 looking primed for a push up with a bit of buying, bring on the news.

Market cap is roughly equal to the cash in the bank and the investment in GMSI (valued at £2.83M on 31st Dec 2014) is thrown in for free! add in to that the BGML tender and the option of purchasing extra shares in GMSI at an already agreed value this has to be the bargain of the century!

Just heard the podcast, the litigation case sounds expensive! and the company is not even making a profit yet, I expect more dilution short term.

The key will be to utilise the funding going forward to generate the revenue growth. The two new schemes in Essex will generate revenues of apx. £21M, baring in mind the revenue for the whole company in the previous year was just £8.3M. They also mention "substantial waiting list" for the Grimsby apartments and "a growing pipeline behind it" in Essex, both statements show a very buoyant care sector so I would imagine they will progress quickly with further units leading to rapidly accelerating growth.

26p NAV on the last results, what are peoples thoughts on where the NAV could be after the expansion? Looking at the revenues that will be coming in I would have thought the NAV would be round the £1 level.

Target of 16p to 18p in the next month or two: http://tinyurl.com/pdgbvkt

NAV of 26p/share + £8.2m of tax losses to be carried forward.

I think there isn't much free float. Looking at previous days, they're not used to this much buying pressure.

May force them to announce the funding early if they have already agreed it and not wait until including it in with the results in September.

Up to 8.75p now, I think 9p ASK will be gone soon.

What kind of Market Cap would £4m profit put on this company in this sector?

Due in September, could be as early as next week.

Expected to be released around 15th September. Further details of the £500M+ project pipeline expected to be released with the results.

lol, bid is going up. People looking to get in before the weekend. Probably gap up on Monday.

Good support at 1p, ready for the push up next week. Atleast 3.5p on the cards. JW being very sensible and not too greedy just aiming to get a slice of it.

If their future orders start to get confirmed, this wont be hanging around at this level for long, technically due to rise up to apx. 3.5p however as the orders start coming in I expect this to rise well beyond this.