Member Info for Kalan

Occasionally Jeffry but not a lot to say - time needs to pass and progress needs to be made - delivery on the many plans leading to more and more income will be the mover of the sp here - the 'crowd' will return as the ducks start to get shot rather than whilst they are being lined up.

The drop has made it cheaper but I think the chart is pointing at a re-visit of .6p to .625p before investors get their nerve back. Just an opinion. Not holding at the moment - sold out between .8p and ,9p. Waiting for re-entry point.

You are probably right that whatever ZaZa is up to it is probably also in shareholders interests - this has not always been the case though. For years they raked in money and accumulated shares whilst shareholder value was absolutely crushed. They ran the company in their own self interests. Leopards don't change their spots - it is in their interests to welsh on the people they owe money to preserve more of the hoped for windfall for themselves. It is just fortunate that their current method of getting income happens to coincide with shareholders interest. if they could get away with taking it private and giving you 0.5p for your shares they would without blinking an eye. They aren't heroes, they are selfish cut throat business men - that's ok as long as it's not us they are stabbing in the back and we benefit from their actions. (Mixed my metaphors a bit there).

Blue belly and TC eh - must get myself a new name too - polite suggestions only please.

Usually a rash of news when we get the ops update so maybe the dip before the storm. Currencies hard to get my head around even with a maths degree.

PGM's get you fewer dollars these days which is bad. But because the Rand is down in dollar terms that's good as we pay the bills in Rand and we get more for our dollars. Also the pound is down against everything which means any profits would convert to more pounds which is good.
Unfortunately we have been loss making which means the loss gets exaggerated when we convert to pounds.
In summary we need to make a profit to benefit from the currencies and we need to make a profit anyway - so profit needed to get us moving.
More ounces at a lower price at Hernic won't be transformational - KABWE will once up and running. Also platcro could put us into profit and the chrome fines will help plus pgm;s at DCM. On the news front we should have BMR plan, BMR nickel production, Platcro production, chrome fines major interest if successful, DCM PGM permission and record Hernic production all in next six months starting next week.

Time to add rather than throw in the towel I think - despair at this point is understandable and a very human response - so do the opposite of what sentiment is telling us. All of the above won't happen without a glitch or 3 but if two or three elements go to plan we have to have sp positive response surely.

A week on Friday? May have a BMR update thrown in and maybe an interview with Leon on progress made.

Miners near production are better bets with the heartache behind them e.g. WRES (tungsten) and hopefully JLP (platinum, nickel, lead, chrome) where no mining is involved as they rework surface dumps. Both have had rocky rides.

Sticking with oilies - my other oil share appears to be on a grinding upwards path going from 24p to 34p over the past 5 or 6 weeks - 5 wells drilled - all hit oil and money in place to bring to production plus reverse takeover completion imminent of another company where everything is already in place - SAVP.

Mapp - I buy and sell through Hargreaves Lansdown. I have opened accounts for my grandson and granddaughter with them. I have the passwords for the accounts and so does their mum (my daughter). I buy and sell for them putting extra money at birthdays and Christmas as they get so many toys I thought this would be better for them in the long run.
I have opted for paperless transactions but if you don't I believe they still send you share certificates. On my trading history I can actually view my certificates which haven't been sent to me - I assume that I could print them off but I haven't tried. You can select ISA which doesn't attract capital gains tax or non ISA which has lower charges.

...make the market based on buy and sell orders. it's no use blaming them when the share price falls - the reason the sp has fallen back is that shareholders - many of them on here predicting 3p 5p etc have sold some of their shares in order to buy back cheaper or move onto the next share.
Didn't see anyone blaming the market makers yesterday when the sp was rising - then it was all about shorters quitting the field or the heard arriving. Funny how no-one was accusing the market makers of manipulating the share up.
I could have sold at .47p yesterday and bought back at .44p today or maybe even less - I didn't - my fault - not market makers or shorters or traders - my fault.
If all on here truly believe then there's no need to worry - this is a healthy pull back - quite natural after the euphoria - we have a little hangover - we will soon be back up and running again if we really believe in the story.

You can get share certificates if you wish.

Broken above 200 day moving average and stayed there at the close.

Broken out of the long term downward channel and closed above the channel.

From a charting perspective I have no idea where the upside limit is but over 1p in the next couple of months appears to have no barriers.

RSI positive abd so is MacD.
The 200 day moving average and the long term downtrend line coincide at around .43p. IF the sp finishes above .43p we may be in for a major break out upwards.

'fuck knows:
Christmas 0.31p to 0.65p depending on rumours
2 years 0.1p or 1.4p but could have gone to over 2p in the intervening period.

Well said Tsbs - I have started to read LSE bb's since the ii re-design debacle and have been impressed by a few posts/posters on LSE bb's. That said I have read thousands of them to find some good posts/posters.
90% of stuff belongs in an infant school playground to be honest. Just waded through about 100 posts here to find 3 of any relevance and even then I can't be sure they are not just made up by someone who hasn't left their bedroom. Anyway lights out little ones it's school / nursery for you lot in the morning.

Spot on 3cardbrag - a pile of debt and losing 10 million per annum - can't see why it is trading a penny above 28p myself - must be the hope that endures when people have owned a share at a much higher price.
The only thing that can save this sorry mess of a company is a de-listing and/ or forced sale with debt wiped off. Either way shareholders should be very very wary of VOG in its currents state.
A deal to supply power station(s) could save the company and provide a short term opportunity to get out at a higher price - but that is a big gamble IMO.
Not owning, not shorting - just an ex shareholder over many years taking a clear eyed view of the company. GLA.

Agreed madpunter - forward selling and short selling should be banned IMO - however, you can't blame those that do it - they are making money from it - the people who allow this to continue are the ones to blame not those who take advantage of it.

MAPP - people can buy what they want with their own money and sell anything they own whenever they want. It's none of our business if someone buys at .3p and sells two days later at .36p Also is someone buys at 6p and still holds 5 years later at 0.3p. It's entirely up to them - one is not good and the other bad - they have different strategies to make money that's all.

Thinking about it - in my examples one made a 20% profit in 2 days and the other a 90% loss over 5 years - which one do you think deserves credit? The one who made a profit or the one who stayed 'loyal' and made a massive loss?

One of my many worries with FRR was the fact that YA who have inside knowledge were selling shares. If, as some are suggesting, yA sold the shares to themselves then one of my big worries would be removed.

My take - FRR are not paying cash to YA and have not therefore defaulted on a payment. They are issuing shares in lieu of (instead of) payment as agreed at the last RNS.
YA have issued a couple of conversion notices for shares which FRR think contain errors in calculations - presumably giving YA more shares than FRR think they are entitled to. FRR consult solicitors who say don't issue the shares until we have looked at this in detail - fair enough all is sensible and reasonable.
YA don't like this and so say not issuing the shares has technically defaulted on the recent agreement so now you have to give us all the money i.e. the situation before the agreement. they do this knowing full well that FRR do not have the money and hope it will put pressure on FRR to issue the shares to them.
It's just posturing by YA to get what they want which is probably more shares than they are entitled to. FRR are just standing their ground and saying we haven't defaulted we are just checking your calculations before issuing the shares - hence the use of the word 'purported' - since the notices are not notices if they are not correct in their contents.
2 footnotes:
a) I am no firm believer in FRR - in fact I have always been highly sceptical and played the ups and downs by trading - but the fall on this news seems overdone to me i.e. a buying opportunity.
b) my step daughter is a corporate lawyer who deals with re-structuring and I will run this by here later this week for her opinions.

Next rise to .6p then small pullback like this one and top out at .8p in the short term.

Up at open to sell off highly priced shares - now short of stock so drop sp to panic sellers - it works. Then lift sp to sell the new stock off at a higher price. Rinse and repeat. The trend is higher now.