Member Info for jimmydarko

Mick, fair of you know better, do please tell me how this is going to play out? Im all ears and I’d love to be wrong.

But do remember brown envelopes talk in Africa.

I rarely comment on here. I’ve held shares on and off for about 10 years, hard to believe, since ironrodge. This post nails it though. The Chinese will be taking this, absolutely guaranteed. Not least because the economics will make sense but also because they will be very comfortable passing over the required brown envelopes, too. They know how to do business in these territories as it’s not dissimilar to their own turf. Plus, strategically they have a macro picture and it’s built around stakes in Africa. I think people are over complicating the dynamics in play. It’s not a complex situation in reality. It’s hard to predict timelines and affect on share prices, but the fact that China will take this on I don’t doubt for a minute.

The directors are knee deep in this share. The last few months are big lesson about ignoring the inevitable games that get played before a share price starts to really take off. The drops, the sells, the tin pot short sellers publishing reports about why the company is doomed. Ultimately these people just wanted a low entry, and many got it.

Do your research, back yourself and don’t listen to the BS put there to test your nerve. As above, the directors are knee deep for a reason. PLL backed us for a reason. Simple.

Anyone got this? I changed phone so left the group and need to re join

Stock price fluctuations are always based on outcomes V's expectations so on that basis the immediate price is affected by higher cost estimates, despite future yield being so high.

It's just a reaction though, which is temporary.

Medium to longer term, the asset is high yielding, high demand and fully funded, that is reality. The price will reflect that soon enough hence the director buys. They know it.

Isn't it magic the price is able to recover and stabilise to the price the Directors most recently bought in at?

I'm not surprised. The majority of people in a position to buy in at this level have either done so, or will not see the opportunity until this share is x4 in price. The majority of people lose money on stocks and shares. The majority of people will see this drop and think OMG something is wrong here!!!

AIM in particular is not for the faint hearted.

Time and time again people fall for this. People see a drop and panic.. Look at every major historic rise, guess what, they were preceded by a drop. That's how energy works, simple. Peoples emotions are so easily manipulated. Make a plan, stick to it, ignore the noise. Director buys and chart are both screaming buy here from where I'm sat.

008 WITH PEARLS OF WISDOM...

Taken more here. I've been buying (and occasionally selling) since this was Iron ridge. Took more at 21p when Blue Orca dropped their laughable attempt at a short story. Great to see the directors backing themselves and the business here. Reassures me all the more, fully expect this to bounce of the MA in coming days/weeks. I remember there were trolls here at 7pence. There are still trolls now and there'll be trolls when we're heading for £1. They're annoying but always sniff around good shares. As if anyone not interested in investing here would spend so much time commenting! they wouldn't, FACT!

MR008

remember saying this on KOD board last December when the price was 40% lower than it is now?

''The instability of Mali's political situation is a hidden worry for Kodal to operate the country's minerals. Moreover, the Mali government has not shown interest and support for foreign companies.''

I noticed the institutional buyers last time I looked at this stock. Can anyone tell me if JP Morgan still hold a position here? I mean it looks like it but I find those holding RNS's super confusing

Not wasting my time figuring why, but it clearly is. The stock market is a funny thing. I won't be blinking, I'll be buying. Look at the chart for last Dec into Jan..

Look at the assets this business holds
Look at the long term drop of it's share price
Does it have revenue: Yes
Are major institutions building positions in the business: Yes
The economic dynamics here are super complex. I'm counting on the fact the above institutions are making calculated moves. Not going to waste too much time speculating on this, in time I think the logic behind those institutions buying will become clear.
I wouldn't want to be all in here as I don't know how long a play those institutions see here. But I've taken a chunk and will watch this with great interest

Maybe JP Morgan and Odey Asset Management made really bad calls in acquiring stakes here. But I doubt it. Wait till gas prices go (even further) through the roof and the only answer to cheaper supply is fracking. People may change their mind.

Wow. I used to follow SOLG and IRR (now ALL) believing both would go on to do great things. I ended up shifting funds over to IRR because of the lithium element seeming more pertinent. Just SOLG as haven't check in for a while and thought there must be a data problem on LSE, can't possibly be priced this low. Will have to start catching up on how on earth this happened. At tis price it must either be a very attractive investment, or a business that made some big strategic mistakes in the last year

yes there was some humour in that

straight back to Moving average, let see if it bounces upwards as it should

TO THE MOON
PUT YOUR SPACE BOOTS ON
ETC ETC

100%

I hear you Swest. When it comes, there'll be no question about it and I've got a bottle of Champagne in the fridge for that day. Right now there's a chunky sell for every flurry of private investors. I've given up guessing which parties are still doing this