Member Info for JP2000

I only see the share price rising if there's been shenanigans suppressing the share price to make the whitewash takeover look good or secondly if KAV actually makes a discovery and the track record has been diabolical. IMO the share price won't rise much until KAV delivers.

KAV are targeting Hillside which had very modest production underground so its not clear what if anything this will yield.

Leopard also part of the same option deal has a non compliant resource of c500,000 oz.

Over the next month they'll likely be a ground war against Hamas and an air war with Hezbollah, it might last 2-6 weeks, who knows. Rightly or wrongly EZJ SP will get a hammering so my advice is sit it out and look to add if the fall looks likes its bottomed out. Pick these up at £3/share and its an easy 2 bag over 24 months.

Yes the revenue figure $570m but the valuation is based on free cashflow generated i.e. profit assume $500/oz not 1900, then apply a discounted cashflow calculation, assuming a 15% WACC (note local interest rates in Zim dollars are 150% but have ignored) because country risk is high and LIBOR is now 5%, then apply the licence holder's percentage (typically an explorer with a JORC compliant reserve/resource will get 10% of the DCF) based on their added value so 4% and that's how you get to the valuation. An added complication is BT has stated KAV can't produce a resource & flip as per the intentions in Bots, it will be something to do with property rights and the ability to enforce contracts in the Zim courts. When BT compares Zim to Australia the elephant in the room is a functioning legal system and the transferability of assets and neither applies to Zim.

The underlying point is KAV needs to find +500koz of near surface resources which are easily extractable with low capital requirements.

I was just looking the Hillside/Leopard deal terms:

$500,000 option fee

$400,000 debt at an unknown interest rate.

84m shares, lets say they're 1p post funding so c$1m

$1m in performance shares resource>200koz Au

Call it $3m, that means KAV need to find at least 300,000oz of near surface gold to justify that price so lets hope they get drilling very soon.

The business model IS the problem. POW has modest cash and is spreading it too thinly so consequently there is no " real, big, growth creating news" and to be frank nothing in the next 6 months.

Out of POWs entire portfolio where does it have the highest probability & most cost effective chance of success? MFP is a money pit

I thought it was pretty poor especially the soil grades amounting to 0.5g/t. Evidently POW got lucky last year finding 1m of 47g/t, if that trend could be expanded and POW gets anywhere close to establishing a resource then happy days. POW have got no money for drilling and too many projects to fund.

"bods and new ceo can't do anything to get things going" imo its the strategy that pow spreads cash so thinly its taking forever to make a discovery & they're miles away from creating mineral resources. strip away ipos/m&a and are there any decent value inflection points in the next 12 months? certain gob****e individuals come across as grifters out to make a quick buck (because it worked previously!) so they're not attracting serious money. very easy to blame the markets but pow does need to deliver real results.

You seem to forget zone 5 has taken at least $500m to develop requiring a lot of debt and new equity so return on capital employed is significantly below the returns you state. The whitewash and £4.4m is massively dilutive and give Purebond free range to screw investors over in Q4 24 when the next raise at 0.2-0.5p is pushed through. Don’t say you weren’t warned.

SP contains a risk premium until the money is in the bank

In the last 12 months you've only posted about KAV & all negative and then surprise surprise the same characters also pop up to recommend your post.

Are you a genuine KAV holder or taking advantage of LSE's poor moderation to spread misinformation?

"has their expert knowledge yet translated into world class geology discoveries? "

Has there ever been a commercial discovery without drilling and assay results because as far as I'm aware KAV haven't drilled any of the current targets.

Nobody, not even BT has mentioned drilling for world class resources.

POW have diversified risk and issued many shares whereas for multi baggers you need to embrace risk and a share structure that's highly leveraged to success. Junior miners are not all the same, those with JORC resources have fared better in the downturn whereas those who failed to make discoveries (includes POW) have fallen heavily.

Talking of which, what's the position of Thor mining, what have they got left to sell?

Are you a genuine investor in KAV, seems odd 3 posts & all negative.

During the last interview BT said there was quite a bit of work to do preparing the prospectus. BT cancelled another interview siting investor interest was better in Sept. BT is posting on his personal twitter account but not the company account, the KAV website has pulled all project information which I find a bit odd as you'd think Karakubis & Ditau would be listed as live projects.

Tray: the model has spectacularly under delivered so far & POW doesn't need to diversify risk beyond this point. What it needs are some solid exploration results.

Been on the sherry BCB?

Dave is a contractor/consultant not a director. Why did they focus on Karakubis? Dave had regional models suggesting Karakubis was more prospective plus the neighbouring licences have found mineralisation.

Swako is up to his usual mischievousness mud slinging, nothing constructive when you are clearly out of depth.

"f you actually analyse them more closely," problem is there's only fragments to analyse because conveniently for Turney he can't (won't) be transparent...its a license for incompetency. Are these good commercial prospects because not immediately clear.