Member Info for Kabaa

Incredibly cheap and seems to get cheaper every time we have good news! Spikes up then drifts.

One day it will go up and keep going up. Jan 30 update will be here soon with a lot more information on assays.

NC will buy this out at one point.

Thanks Jerry - that is an excellent turnout for a 50m cap company. That is probably over 20 actual investors or potential investors going along. Not something very common to see for an aim tiddler ;)

How many people turned up?

Any good questions.

If investors like what they see, you could see a lot of buying after it's finished.

I imagine a few very serious investors/fundies went there that are interested in buying in large quantities over the next few weeks.

Quepensa - After watching that very interesting interview, that was the thing that stuck out to me too.

I think that may have slipped out. He clearly believes/knows Haverion is already a Tier 1 deposit.

People doing calculations on 3 or 4 million ounces should start with figures 10m oz < deposits.

Very telling interview, market screamingly undervalued from the horses mouth.

Very high grades released at GGP this morning. Volume up.

I see this is getting continuously ramped on the GGP board.

Look at the grades released there compared to this. They are about 1000 times higher! lol

Delayed reaction to this but looks like news is starting to get around and people are wanting in on this story.

We've been on a bit of a downtrend all year from 2.5p. Any move above 2p will break that downtrend and we can continue our long term uptrend.

I think this needs to get above 2p for it to bring in bigger buyers.

Can someone get Zak Mir to take a look at the chart? - It's by far the most interesting one i've seen.

We have a quadruple top at around 2.5p. Movement above that could double the sp from there very quickly.

The uptrend from 5 years is interesting and the 2019 downtrend which I believe will be finally broken once we get through 2p.

A very bullish formation.

This news I believe is what we needed for the market to de-risk this and bring fresh buyers in.

Sometimes it takes a few hours to react.

Remember when they released had05. It went up 7% in the morning. Then 33% in the afternoon then had a huge up day the day after.

These results are astonishing and show haveiron is likely going to be bigger than anyone expected. It takes a while for it to do the media rounds and sink that into people's heads.

They're clearly fast tracking this now. Next year is going to deliver an insane amount of results.

Proceeding to stage 2 this quickly, I believe NC will end up making an offer for the lot earlier than many had suggested.

They've been drilling much deeper this time too and still getting huge results.
Look at had25 and 28 grades. Absolutely shocking!
As my posts earlier, how can this be valued at such a low amount per oz?
Ggp was priced for bad news so I would expect the market to be taken by surprise this week to the upside.
Agm will be a happy bunch.

Hold on to your shares this time Beetham and you'll be a rich man soon.

Yes. That's why they're giving notice to proceed to stage 2 several months early.
This was supposed to take a year.
It looks bigger than expected due to comments in the rns.
I almost fell off my chair when I saw them grades too.

Newcrest 10mn spend completed. Gives notice to proceed to stage 2.

Looks like I may be paying up tomorrow. Never mind, better to average up than down...

Thinking about It, maybe I was a little bit harsh earlier. The other licenses are still clearly valuable and worth millions so I'm not completely ignoring them.
My point was haverion is so impressive right now that it towers over them in value and I believe our share of that is worth well into 6 figures.

Also I meant £33/ounce in my example not 33 bucks.(so $40+/ounce)
For the quality of the eventual resource here, that to me is dirt cheap even at twice the rate.
At one point we will break above that 2.5p resistance and rocket through to a whole new level.
I'm guessing the assays update on the next 14 holes may be the trigger for that.
What do others think we need to break above that? Because on the chart, its topped there 4 or 5 times and when it does go through its really going to blast through it imo.

Sorry about the last post but I don't post much on here but do read a lot.
I'll be doubling my holding tomorrow before the agm. I'd expect assay results on 19-33 within days and if they're even nearly as good as 1-18 I think we will break out of our 1.5 to 2.5p range.

Ex cash we are at 50m market cap

I'm ignoring all of the licenses except haveiron. If they come good it'll be a bonus.

Haveiron must be at least 5m oz and probably well north of 10m.

At 50m market cap (ex cash), we're trading at about 33 bucks an ounce, assuming we have 30% of 5m. For the grades and quality of what is likely there, that is staggeringly cheap.

I'm particularly bullish on gold too and like the play here. In a bull market them oz will be worth way over 300 bucks. If the resource is much bigger than what many expect, along with good grades, you have the ingredients of a very significant bagger here.

Gla and thanks to all decent posters.

TomE

This is possibly the greatest forum to read on any stock probably for years. Full of very well researched, decent posters, packed with relevant information.

Could you please stop filling it with nonsense.
You do not need to keep saying hi to everyone with a smiley face added with some inane drivel.
You do not keep needing to pump the same stock.
You do not need to create multiple aliases to talk to yourself.
You are the most disengenous rat on here.

I'm sure I speak for many when I say this board is excellent and would be better without all of your irritating posts.

I won't say any more on the matter and filter you but I'm sure many are thinking the same thing.

I think it'll go to the high 20's next week.

It would be benefiecial for the company to issue an RNS stating much of what was said in the interview. More people will see it!!!!!

Other than that a director buy or Graham buying another 500,000 shares would significantly support the market back to the high 20's.

They've told us placing more shares is the last resort and there is tremendous equity upside here. I would not worry about that one bit at anything below 25p for now.

Have a good weekend all.

Why are they giving an artificial low price is the point?

You frequently cannot buy. For this to happen with 3 different market makers at 13.75, 14 and 14.25. That is clearly not the price. It restricts buying and encourages selling at a silly price.

It is partly to blame for the ridiculous sell off. They are creating a false market.

Many people including myself are clearly interested in buying. In a £12m market cap company (which should be more like £50m), purchasing a £5k or £10k order should be available frequently.

They have a lot to answer for and this should imo be considered market manipulation.

Have got a lot to answer for, for the sell off.

All week it is extremely difficult to actually buy any block of stock. Even if you want to buy 5,000 or 10,000 shares you have to put a limit order in above the price and wait for your broker to fill it.

I have another 150,000 shares to buy here and can't get them. I'm not going to waste on the commission charges to buy 5000 shares at a time.

I have been trying to buy at 13.75, 14 and 14.25 and there is nothing available. The mm's in this case are unnecessarily holding it down and waiting for sellers to come along. When they do, it is still difficult to get a decent offer above 25,000 shares.