Member Info for ivans

will it stay here or drift further down?

so, should be less selling pressure once we get good news next few days

hopefully not.

but i have seen recently many AIM companies will be driven down by MM below placing price.
just look at INFA, AEG etc.

only as NED. not main CEO

we have been promised a good deal since last year and now a year after, we are still being shown carrot while more and more warrants and cheaps shares floading market.

am i correct in stating that only those in cheap placing and warrants are making money at the moment?

looks like we hit bottom last week. we should bounce back up.

any news can easily catapult this back to at least 5p where recent placing to Newmont.

may buy some more next week for me

agree. broker target at least 0.5p.
even then, mcap still very cheap especially on rising gold price

sorry, got mixed up Newcrest with Newmont

Newmont wont waste money. they want those gold.

they took some stake in OMI last year so perhaps soon Newmont will take some stake in GGP? if so, it should be at premium.

though OMI is down from high but thats can easily spiked up on next Newmont news.

time to buy, sub 3p is bargain !

mcap vs GGP

last placing was at 0.33p.
now when is the next placing? cash low and i suspect we are drifting despite good news is because its being arranged soon?
how much cash do we have now?

CF has large chunk and been selling. they still have large chunk remaining. has people calculated/monitored how much been sold so far?

maybe still around 50m to dump.. may take another few more weeks for them to completed out.

happy with the updates but not so happy with the dilution. perhaps most of these have been forward sold by Shard and thats explain why sp been stagnant,

now, hopefully sp will stabilise around here and maybe we can move up after clearing placing overhang after a month or two

bought some more

have been a year I heard 100m plus contract is coming, but till now still nothing materialise.

looks like carrot stick for me. or will this time comes to reality?

at this rate, we can buy sub 1.5p soon !

there are many company valued less than cash, CHAR is not the only one.

key point is whether any progress will be made. for Char, we can only make progress after we have done farm out, by which god knows when that will be.

back to my drawer

DFS will bring back the herd attention to MTR next week !

so, as at now, we are standing around 12m ebitda per annum. thats improvement to last year where we are generating 2m per quarter (ie 8m pa).

and thats excluding kabwe which we should get separate updates soon, and ramping up to platco and hernic

so, at 12m per annum, if multiple of 10x, our mcap should be 120m!

might be tomorrow as for the next updates