Member Info for Kalan

jme1976 - I always tell it as it is. I don't believe that anything I post can influence the sp - so what is the point of trying. Thanks for your dispassionate viewpoint.
The funny thing is that I actually say when I am investing or just trading - I say it explicitly. It makes no difference to the LTH - anyone who doesn't buy and just keep adding and never selling is evil to them.
Lovely position for OneDayRodney to be in to call me a snake and selfish when he has never met me - one day Rodney we may just meet up - then I can prove I am no snake.
The sp has rocketed in % terms on the good news - it pulls back in the aftermath - I sold at .53p and am looking to buy my shares back at a lower price. I didn't even state a price due to the sensitive ones. There you go - no hidden agenda - just sharing what I am doing - wish others would do the same. On my other 3 shares I am not trading the ups and downs as it is too time consuming so I am in for the long haul. Probably will be here as well as we approach the year end - when I get back in. GLA whatever your tactics are to make money.

tell us about Charlie, rainbow - has she got any new tattoos or had her hair done - both would be sure signs that she has her eyes on you. Go on give her a muffin.
They are only about a quid.

We may slip back to around .51p i.e. a 50% retracement. You could sell now and possibly buy back at .52p or i53p. Since sell is at .56p then you will make 6% to 8% at the risk of being out. On the other hand the mm's may be short of shares and have dropped the sp to spook some into selling before they move it up again. On balance sticking with what I've got. Selling at .59p earlier would have been a good move as the rewards may have been worth it - missed the chance so letting it ride. Can't see it not going above 1p in the next 3 to 6 months and 1.5p to 3.0p in the next 12 to 18 months.

The market makers aren't playing games with us. All of the indicators are showing that there is little appetite for buying at these prices compared to those who want to take profits, hence the price is lowered to make a market.
Sold mine at .53p (risky if news comes).
Had 2 buy orders in for over a week now - just cancelled them and placed one buy order instead at the lower price.
Volume has collapsed, RSI is falling, stochastics show we are past a local peak, MacD has turned south, momentum is downwards.
All of this does not matter as news will blow it out of the current range assuming it is good news. For those that are wanting to buy - they mostly want lower. For those that are tempted to sell now is better than tomorrow. However, the vast majority of people are sitting tight as they believe they have a great investment. the market makers have to make a market between those who want to buy and those who want to sell, not a price to suit those holding.
The best advice if you are holding until it hits 2p, 3p or whatever your target is, is just turn off your computer and go and get a life in the real world whilst FRR makes you rich.
GLA.

66% as a percentage of 88% is 75% of the APT price.

Above 2.4p should see the end of the downtrend IMO - a move above 3.1p would signal a break out IMO.

Hi Bob have to agree - I have 1.5p to 3.0p dependent on execution and actual profits.
Also have 1.8p+ from charts.

No need to show concern for Rainbow warrior - yes he's insane - but so are we all it's part of the human condition - a mutation too far - he just doesn't try to hide it - like his honesty.Other examples of insanity:
GKPers who held from £4 to 1p and then take the high ground because they are long tern holders - insane.
Anti-frackers who believe fracking is evil when actually it is a safe and cheap way to gain energy to keep us old uns alive a bit longer.

Climate change 'scientists' who believe not only that the earth is warming up due to 25 years of good quality evidence compared to about 4 billion years of earth history about which we know little. then they jump to the conclusion that it is the activities of man that has brought this about. they then convince 60% of the population that it's true and next to none of those people check out any of the facts themselves - insane.

people who believe in aliens - yes they are far more advanced than us - travel billions of miles to find us and then don't bother to say hello - crazy those aliens.

People who believe in go... no stop no don't do it Kalan - they are really crazy those ones. They will probably try to kill you to defend their right to be that insane. Leave it alone now.

The market makers have just bought a net £40,000 worth at .48p and .49p - my theory is that they think they can offload them higher - so the price will move up soon above .5p - just a theory.

Fair enough Rainbow - if you are heading to work - any port in a storm eh.
Your opinion of Charlie is a little surprising - are you a fattist who believes that tattoos indicate low lifes. (I do).
Takes me back to the days in the pit canteen sausage and tinned tomato sandwiches served up by chubby or terrifyingly muscular women with tattoos. Strange though - after a while they became more attractive as you got used to them and after a long shift down the pit - well as I say - any port in a storm. One of them used to wear stockings and suspenders to work and stand on the table to reveal all at Christmas. Happy days.
I would recomend not going to Mcd's any more than twice a week as young Charlie may start to appear rather delectable. Imagine her in a smock - just a smock - yes see what I mean.
Here's to a miilion reasons to pack that job in. Work is definitely over rated.

If we close above .5p then .65p is the next short term target.
That's where I sold last time as did many others.
1.2p and then 1.8p all in good time IMO.

Would bite your hands off for break even now and break even for the 6 months after - it would mean we are financing all of these projects ourselves which is what we believed would happen 2 years ago. the Platcro purchase destroyed that belief - 2 lots of break even figures would heal that wound.
Keep looking at that market cap in disbelief.

Rainbow Rider -ffs - that's embarrassing.
Hope you enjoyed your breakfast.
P.S. More description of Charlie next time please - just to give us the full picture - she must be very attractive to get you to visit McD's twice a week. Their coffee is awful.

10 million seller has had a good day already - happy to take .47p and just got a bonus at .49p.
Wonder how many more they will sell?
Have to agree Timster about the market makers - they are keeping the sp buoyant near the top of the current trading range of .45p to.54p - probably to keep the seller selling as they need volume to make money. All my indicators say the sp should be trailing off now towards the bottom of the range.
As usual with FRR news would trump all charts - no news should see us drift back lower. We don't have the volume to break out above .54p at the moment which is why some are trying to create the news by constantly referring to a tweet.

If punters knew that revenue was going to meet expenditure without a funding gap then I think the sp would double fairly quickly.
Ideally - Hernic income pays overheads, pays down loan and finances DCM into profits - that part is happening now it seems.
hernic +DCM chrome and fine chrome profits finance overheads, pay down loan and finance Platcro though to production - that part starts in November though to march.
Hernic+DCM+platcro revenue finances overheads. loan and KABWE project throughout 2019.
2020 we have Kabwe +DCM + half of Hernic +Platcro to build up a cash mountain.

All a little simplified as we have current costs at kabwe which I hope are also being covered by hernic(a stretch too far?)
Also there is the riddle of the pgm monetisation at DCM which doesn't have to be solved until we have enough cash in hand i.e. 2020 and of course any new JV's or projects.
A costed out forward plan with no funding gaps in it would massively help 'investors' get a handle on the potential here and not focus on the possible pitfalls so much.

Your posts are excellent Mole and your knowledge of the company second to none.
I have never shorted a share in my life. I too prefer to buy a share I believe has the right fundamentals and hold to fruition.
However, this does not always produce the best results so now I have moved into a combination f holding and trading.
e.g. bought here at a reasonably low price and sold at .53p only to buy back again lower and then hold to fruition - I hope.
Previously I only traded this share as it was a basket case until the majors turned up.
Whether you like or loathe, traders, shorters or indeed market makers - it pays to understand their motivation and strategies to get in as cheap as possible and out as high as possible.
Good luck - I think you are about to get your rewards for detailed and patient work and not inconsiderable risk. But not in the very short term I hope.

Hi Timster - my take on this mornings movements. The sp was at about .51p/.52p and the market makers had someone wanting to offload 10 million shares - so they dropped it down to .47p - they are taking on a lot of shares so they don't want to risk being caught with them. the charts were saying support at .48p which is where I would have bought. they are smarter than me so they only drop the buying price to .49p. The traders see the .47p sell and that's their signal to get in at .49p - others join the party and the sp is nudged up. they start to run out of shares at .52p so do a quick drop to scare folks that the rally is over - which works (some call this a tree shake) - the sp can them be moved up to sell to the enthusiastic. note that the .52p to .55p didn't last very long - traders and mm's know it would be break out if it went much higher and there isn't the volume to justify this. So mm's widen the spread to .51p to .55p happy to take .54p or near enough and buy at .51p.
The good news is that there are still lots of enthusiastic people around and the break out will come.
IMO the current range in play is .45p to .54p where the traders and mm's can ply their trade. news or rumours of news will be needed to set it off again. All IMO and I have buy orders in at lower than the current price to back my judgement. If I am wrong then so be it - won't be the first time. Good luck.
p.s. the posts of mole on here and Seymore bottoms on ii are excellent sources of news to get newbies up to speed - but personally I never read either of them anymore as they are inevitably very positive and very persuasive and can lead me to buy too early and regret it.
I wouldn't pay too much attention to my posts on JLP for the same reason (the one share that I am too much in love with - a big mistake).

Jammer - I think you are right that DCM has evolved rather than been planned. It smacks of Colin Bird's opportunism and Leon having to make the parts work and the strategy fit. I think it is now more about the fine chrome circuit proving than it is about pgm recovery. The pgm's would bring revenue but the fine chrome will bring in big deals - Colin has his eyes on the big deals and Leon on making th technical stuff work. At the end the profits will just fall out of the vacuum between them. Unfortunately some share holders have also slipped away due to that vacuum.
pgm at DCM is cash on the ground, as is Platcro as is Kabwe - when it's in the pockets of the company it will be too late to get aboard as a shareholder - that's the reward for the risks.

are we???? off the top maybe.

By my reckoning the golden cross will happen (50 day MA crossing 200 day MA ) as long as the sp doesn't slip below .42p in the next 25 days. It should happen in the next 7 to 15 days depending on sp action.
My experience is that this is not always a reliable indicator of future performance but it was a very good indicator for FRR the last 2 times it happened.