Member Info for Kalan

So we are close yo Roan ramp up. Electrics being tested and ramp up to follow.

Projexct m sorted 3 months ahead of schedule.

More dilution to pay for 8 years of additional copper supply. Saving grace is the shares will be in the hands of the copper owners who may not sell them for a quick profit. Aiding this is the price of the shares at 7.8p valuation. I think we could achieve that price quickly from here. Nowt happened much on IRH deal.

Worse still he gets the icecream and they sprinkled nuts all over it and they don't like nuts.

To make things even worse there's no bubblegum in the bottom and that's why he chose that icecream in the first place.

Not sure where I'm going with this. The analogy to JLP isn't really working.

I just felt sorry for the kid, that's all.

Now to top up or not to top up - shall I stick some juice on top?

I think they covered themselves for further delay by saying" on current schedules" so they see no reason to update us at this time. My guess is the parts were delivered after the scheduled time and they will give us a copper production update with the July results. An update now may just say delivery was delayed, fitting being completed, we'll let you know some figures when we've shoved stuff through the updated plant. Not inspiring is it? So better to wait for some figures? All speculation which is everyone's point I suppose. No info leads to gossip.

There were 7 mollion ish shares and options. My count of large round numbrr sells is now at 6 million. Can't be sure of the origin of sells. But the last 5 days is aproaching the warrants and options number. Make of that what uou will. Selling pressure soon to dry up?

A fair summary sumoskier. Also may see that the placing was really valuable in filling the money at hand gap caused by Roan delay ( don't mention cash flow.I mentioned it once but I think I got away with it). It will all be history soon, fingers crossed.

Copper back up around 9800.

Platinum over 1000. Jlp high correlation to pgm prices in 'normal' circumstances i.e. no warrants, no options and no placing.

..... and if you draw another line after the bottom at 4.6p the two peaks of December and May make the top line of a rising wedge!!!!

Very exciting - giving me a rising wedge just thinking about it. Power to the sheeples.

I think it was 7.048p. Just £3000 worth for now.

Good work at 7p Shuvlin I believe.

A small top up made in anticipation. Maybe a bit more tomorrow and Friday. Steady in to lower that average.

Risky, but then when isn't it?

Seller gone?

Copper up.

Markets more stable.

200 day moving average acting as support?

Good news closer than it was when the sp was nearly 9p.

Surely all that will make Happy jolly and Jolly happy.

Poised over my add waiting for confirmation in the charts.

Broke out upwards in March. Dropped back to this line after the previous peak and has now done so again after the recent peak just below 9p, Very strong support and we could see buyers calling the bottom here. Watching and waiting for that top up - going to be greedy.

On June 3rd 7 million new shares were bought/ allocated. There wasn't any obvious increase in selling after their admission about 8 trading days ago.

Over the last 4 days about 4.6 million shares have been sold in batches of either 100,000 or 150,000 shares - the warrant holder and or option shares may have been sold into a share with weakening fundamentals in terms of PGM prices (which we know is still highly correlated to the share price) and copper margins which have fallen by about 25% from their peak. Also the lack of hoped for news dampening potential buyers to take up the shares. Going to be a real buying opportunity for those who kept their powder dry.

Other possible explanations exist.

Long term for me. Cheer up jolly. SP finished sitting on the 50 day moving average resistance so .......

50 day moving average at 7.35p aprox- let's see where it finishes today.

Negativity amongst us long term holders at frenzied peak. It's down to frustration. We had it in our minds that news could land at the end of May and it didn't happen - maybe it was never the intention - whatever it is/was - the only reason the sp has fallen is because of holders selling. most sell at the bottom and buy at the top- no intention of selling just trying to time the next buy. Thank goodness for the chrome cash flow and the placing - just a matter of time to mega cash flow and reduced capex. Going to cut the grass..... just waiting for a couple of electrical components. Should be up and running by 4pm. Do they have screwfix in Africa?

Thanks for that moneyman - South African arm looks a lot better after that. Good positive thinking to go into the weekend.

Just been on the website.

Charts saying now is a good time to be topping up or getting in. Strong support at 7.3p and even stronger at 7p. Drifting sideways to slightly down (obviously) but with very little downside and massive potential upside. MacD being primed for an upswing.

Of course news will trump charts but the sp is in a healthy position chartwise for a big move up on good news.

It looks like most are just patiently waiting with a few trimming their holding and a few buying in.

I don't really see any hidden stories or conspiracy type stuff, we have idle minds and we let them wander.

The schedule has been delayed again due to electric delivery IMO and they want an rns to be positive which I think it will be and in the not too distant future.

Barring another placing or Roan upgrade not working we will be on the up again soon IMO. Then a stream of positives to report thereafter.

Roan running, Roan up to nameplate, Thutse module completed, Module at nameplate. 2nd module started, Sable improvements complete. design and location of first IRH module decided. Deals signed with xy and z. Copper rising after recent pump and dump out of the system. Massive profits for 2nd half 2025. (Don't expect anything good in June finances).

Thanks for your tip on LND TG5- it was a well timed tip. I looked at it and decided funding was too big a problem. My bad, good tip, ignored by me. Congratulations on your profit this time - will keep it on watch. Now let's move on - how long dare I leave my top up- Tg5 reckons any time until mid July for news. Could we be surprised?

Market makers want regular buyers and sellers at fixed prices to make their margin. They only move it when there's and imbalance. The sp action would indicate a steady trade for them. Good news for us as it could easily have slipped further.

Excellent work TG5. Now let's hope your good judgement holds out here. Out of my 8 indicators. 6 say we are bottoming, one says a bit more drift and one says we are at a turning point which may be down. Holding and waiting. Not much capital to add more.