Member Info for Kalan

looks like folks are still glass half empty on JLP for now.
I see Hernic flying, Platcro pgm's coming on stream, new Platcro purchase earnings coming onstream, DCM back in action, DCM fine chrome being ramped up, great Kabwe potential and earnings of 3 to 4 million this quarter.

Others must be seeing Hernic ownership uncertainty, no news of Platcro pgm's yet, uncertain earnings from ongoing platcro operations, no DCM figures yet, fine chrome has cost us income and isn't yet proved, potential large Kabwe cost and earnings not high enough to avoid a placing.

Fair enough Troajan - hope you are right about the percentages.

Hope the help you got in the end leads to an investment Tweeter.
These bb's are a real education aren't they. I always had a rule of thumb that 30% of people were wonderful, 40% you could take or leave and 30% were awful and best avoided.
My experience of internet discussion boards tells me that 10% are wonderful and helpful. 10% you can take or leave and 80% are awful.
Don't know if it's the anonymity that does it - makes you think is this what people are really like.
You asked for help, just give the help or don't - no need for the rest of it - I always post my true thoughts - don't follow my example - people prefer it if you lie.
p.s. never been on facebook or twitter - I stick with these bb's for the nuggets you pick up from the small minority e.g Geng who has made me decent money in WRES.

Of course the moon is made of green cheese - the nuns told us that. I have mine with cauliflower.

Hi tweeper - I don't post here often and given the responses you have had you will see why. It's a mates club here - try talking about gardening or nuns and they will take you seriously. Claim to have nuns in your garden and you culd join the gang.
The presentation from mmay last years states 2700 tpa rising to 4000tpa. Add in Regua and that rises to 5300 TPA which will dwarf overheads - so no need to worry about the post on ad.f.n.
The project was given the go ahead based on $94 mtu cost and $225 mtu aprox and Tungsten is over $300 mtu currently.
Read the report by Turner Pope posted on the WRES website they give a value of .83p for La Parilla alone - not including the other assets. Should be a penny plus once the production is proven - got a personal target of 1.4p here myself in the short to medium term i.e. 6 months to 3 years.

looks to me like Kevin has lined up a placing at say 15p and the speculation has dropped the sp lower than the planned placing which means they have to lower the placing price further - hence the desperate RNS to try to shore up the share price.

Up through resistance at $1303 and taken platinum up with it to around $820. Next barrier for gold is $1310 - could see platinum move towards $850 if gold breaks $1310.
Gold's big barrier to the upside is $1330 which would likely see platinum attack $900.
We need to remember that platinum is historically more highly priced than gold - the current situation is probably temporary - Tjate could be worth a fortune - at some point. No value at all in the sp for Tjate at the moment IMO - got to be upside. Increased revenue imminent - got to be upside. Kabwe game changer in the planning - got to be upside.

Should close down today lol.

My amateur charting says we could get a short term rally even without news - possibly back to the placing price.

Price moved up to top of flag formation on chart. Looking for a finish above 0.52p to indicate recent short term downtrend is over. A finish above 0.55p to confirm a new uptrend is underway.
market makers giving it every chance to break out up rather than down by raising bid and offer but bid by more.

Nolostilsell "Kalan

Actually I would prefer the company not to relist upon winning the court case. I would also like them to take the time to finalise what they are doing with the 'Majors' that have shown an interest. Sort out any funding such as the NY loan and update the shareholders accordingly with the progress on the drilling campaign that they appear to have going on in the background.

Its what I would prefer as I think it will be important for FRR to come back to the market in a very very strong position and I think they can do it too."
No arguments from me nolostilsell - that would be absolutely ideal - at the moment, as an holder of shares, I would just be happy if they were re-listed at all. Expecting nothing and then I can only be pleasantly surprised.

Well done Arsenal - nail on the head - you are right consolidation is irrelevant - winning the case and re-listing is all shareholders need to be concerned with and as we cannot do anything about those two things we should just relax and let them get on with it - no point worrying about things you can't alter. Should we get to consolidation then things will have turned out better than expected. (Note: consolidation is just a company ruse to distract upset shareholders and has no effect.)

Personally I would like to see the share price gain traction and grind it's way up. Over the next six months we should have a boat load of positives coming our way with many of them being in the next two months. Increased revenue and a timetabled and funded plan for Kabwe should be enough to get the ball rolling. As for Tjate we are waiting for gold to break out and take platinum up with it. Palladium is seen as an industrial metal experiencing increased demand. Platinum is seen as part industrial and part precious metal. It has suffered from the collapse of diesel usage and the fall in gold - both of which have dragged it down. A rise in gold would drag it up and this may be on the cards. A change in strategy by car builders to use platinum instead of palladium would also benefit platinum but at the cost of palladium. They only used palladium because it was much cheaper than platinum. Now roles are reversed, at some point the car designers may change tack to use cheaper and more efficient platinum. And then there is the potential for hydrogen cars. I would hold onto Tjate - a swift move in platinum moves Tjate to 0 on the share price to pennies on the share price.
Slow grind up followed by a Gold / Platinum /Tjate surge would do very nicely. 9p still my target price here in the medium term (18 months to 3 years). Have been in this share twice when Tjate has moved it up considerably, firtly on the back of platinum price and secondly on the award of the licence. Just think what a rise in platinum price would do with the licence already in place. (nb I do recall some social work being undertaken post the licence grant - so hopefully JLP are keeping abreast of the licence requirements, maybe a question for Leon at th next question and answer session).

Yes those shorters are in real trouble- I feel sorry for them - think of it - they are wetting themselves with worry whilst all the Long Tern Holders are laid back and relaxed - can't think what to spend mine on - a small aeroplane, second house in the country for the weekends or a lollipop.
Lollipop I think - or am I deluded - someone is!

They lose the case and company and we get nowt. 40%.
They win the case or settle and stay private offering us a low price for our shares on a time limited basis. 50%
They win or settle and read it to Aim. 10%.
These are seriously my probabilities based on similar past situations and the history of the share.
WRITE IT OFF and hope to be surprised in the next 10 years at some point.

With all that's going on I thought the sp would have tanked by now - got to be a good sign.
(Good idea StarRage).

They needed the warrant money. No way folks will exercise the warrants at 35p when you can buy at 31p. They hoped so would get up to 40p or so and it didn't happen cos they extended the seven takeover. Their hands were forced as they need the cash until the takeover provides income. Small back step to facilitate a bigger forward step. Welcome -no. Necessary -yes. Unhappy - yes. Got over it - give it a day.

mm I think the CEO will know he has a potential 1.5 billion asset on his books jeffry - as soon as it becomes viable then Colin Bird will be all over it talking it up as a world class asset.

Seriously chaps - turn this bb off - nothing is going to happen for a month or two or three..... Get yourselves a hobby - over on WRES they do a nice sideline in gardening tips and cooking recipes. Alternatively VOG on ii has plenty of rugby interest to go with ongoing losses. OR there is of course a real world out there that hasn't even heard of FRR, Hope, YA or Outrider. Go to the park or the pub. Taking my grandson swimming now - won't darken this bb again for at least a month. Posting this drivel is a waste of my life. Reading it is a waste of yours Rodders but I bet you still have.

oh no im so upset. no one thinks anything about me. sob sob.

Tjate could be worth a fortune if hydrogen cars become commonplace. BMR can't afford even a cess pit. if platinum was $1400 and palladium $800 then Tjate would be a goer. At $800 for platinum we need palladium to be around $1800 to make up for the platinum price..
$1600 palladium and $900 platinum would be close. Tjate at least is back on the radar.
So many ways the sp can be transformed that something has to give soon. The current market cap is ridiculously low - but it's worth only what folks are prepared to pay - onwards and sidewards, for now.