Member Info for Kabaa

Institutions are clearly taking stock off short term pi's daily.
Yes this can 10 bag from here within 16 months.
It's quite possible. That is only a £550m cap.
What we are sitting on is potentially worth way more.
We will see but I doubt most posters here will be still invested in 16 months.

We will cut through 2p like butter 1 day very soon and that resistance will be long forgotten by end of September. There's a tonne of news to come by then.
But the real money will kick in in 2020 I.e. 10-20bag imho.
By then they will have raised £50-100m at much higher prices and this will be a more solid and liquid investment.

And comparing that to some of the grades they have reported, that seems quite a conservative number.
Can see this trading above 30p in 2020

Thanks for posting this article. An excellent write up and I agree with all of it.
Also interestingly they note Numis wouldn't normally be involved with such a small company and small cash raising and that they must believe Haiveron will be a big success and will need a much larger amount down the line.
Also I think their 2g/tonne calculation is very conservative. I think we will get that easily and some.
It's good to see a lot of excitement around this company. It's only a matter of time before that spreads and feeds into the share price...

Can anyone get the whole Numis broker note? It would be an interesting read.

They are an institutional broker and now they are involved and have put out a note, you could see some very big volume coming into the market from their clients.

If anyone gets hold of it, do post it up.

He mentions that it's exciting to have such tremendous projects in their portfolio.

I have to agree - I don't think i've ever seen a company delivering such exciting news on several different projects.

£50m market cap ex cash. Surely the sp has to give way to several pence soon.

How many licenses do we have now that they are pulling literally fistfulls of golden nuggets out of?

It's only a short matter of time before this hits double digits in sp imho.

There's clearly a huge amount of new posters that have bought on the recent spike and don't even know what they've bought into.

It didn't sound like cambay was coming any time soon in the podcast from Joe Soloman.
At least we are above the placing price of 0.13p last week. It was slightly uncomfortable to see the bid go down to 0.11p recently.
Good to see some new names posting on the forum now too.
RIM seem to be supporting this well in the placing but why did they only extend their loan to October 1st? Will the placing money cover that?

Republic invested nearly 200 grand in the placing last week. They wouldn't do that unless they were confident good news on the horizon

This is trading more bullish than mx oil did at the start before it's 10 bag move in a week.
Big blue days tomorrow and the next by the look of it.

Up like this in negative markets.
Tomorrow and the next few days is going to be huge.

This has finally broken it's moving averages. If it closes above 0.16 then we are in for a very bullish ride for tomorrow and the rest of the week.

1.News on Cambay would hit way more than 0.6p imo. This has dropped from several pence because of it and the gas value there is in the billions potentially.
2. Now there are big players taking significant stakes in Oilex, they must think news on Cambay must be getting very close otherwise they would not invest so much into what many others have been suggesting is a basket case.

I've said this before, this is one stock that could genuinely do way, way more than 10x

This is one stock that has been begging to go up for a long time. Multibagger coming here. RIM didn't invest that much recently for no reason. Massively deramped and oversold too.

That is a much better response even than I expected.
Share repurchases and significant director buys coming after clearance from their nomad.
As I said earlier this will be well over a tenner within a week, probably more now this fiasco has brought such a great company to many more people's attention!
Easiest money I've made this year. Off to enjoy the sun. See you in a week...

Codey, yes they'll need to buy in significantly but they'll see super value at anything below £12 and will be holding a long time after all this blows over.
You'd better off taking a slightly longer term view than 1 day imo. Give it a week or 2 and it'll be back over a tenner imo.

This is all over some silly short note and they do tend to be completely wrong most of the time. It's rare they get it right these days imo.

Agreed fundamentalanalysis.
A lot more upside than downside to be had here. Expect shorters to cover within days if not hours.

When this moves it can go up 50% in an hour as done twice yesterday.

The bigger players will be looking for a detailed response from the company and when they start buying it'll be going straight into auctions repeatedly and you won't be able to get any stock.

This has come off from 1500 in such a freak move on a note from shorters who have never even approached the company!
The company have told us it has no merit and will buy in the open market after they explain this in detail.
If this doesn't settle back towards at least 1000- 1200 within 2 weeks, I'll be shocked.
The company has also told us it is in the strongest position ever, so them £20 broker targets could get broken within months.
This is the buy of the year. I just wish I had access to more funds!

thanks scoredagain.

I was trying to buy them all day yesterday - couldn't get any. Had several limit orders at around 500 and still didnt get any.
I managed to get a few just now.

This looks like a freak move and will settle down within a few days. Too many people trade on margin these days