Member Info for Kalan

Perfectly reasonable price movement OM when a share is bottoming out - the gradual transfer from negative to positive sentiment - it takes time and it moves up and down whilst it is doing it based on daily whims and individual decisions. One last trip to .29p anyone - quite likely and more confirmation of the bottom if it happens.

How long do you think it will be?
A seal with JLP is almost a given looking at JLP communications - just need that licence. thinking of adding a few more shares to my GLR punt.

Hi lukeyboy - I posted this on 30th January:
"Massive support at 75p has now finally given way.
next big support at 60p.
After that 50p and 40p are week support and 25p strong support.
Bought in at the 75p support level but had to bail out after the rally failed. May give it another go at 60p - news of a contract, as always with VRS, could blow all that out of the water. GLA."
I missed trading the bounce at 60p as I was busy. The drift looks set in unless VRS gets an uplift back above 60p tomorrow. If it doesn't the 40p and 50p areas are where traders might try to make a profit. 25p would be right back in bargain territory IMO but let's hope it bottom's out much sooner than that for holders of the shares.

I had a back of fag packet figure of 120T Tungsten for the current sp value. The only reason this could be over valued is that we don't exceed 120T tungsten IMO. as masterman said the Regua project will add Tungsten concentrate into La Parilla and in his words 'de-risk' the La Parilla production.
It's all about the production - the costs are fairly transparent and the selling price is fairly stable.

The safest haven around IMO Topcatz - getting a bit confused re Kabwe - the plan seemed to be dig up the stuff and put it through the various streams to produce Zinc Lead and Vanadium from our waste. Then it moved to sweetner from local mines. Now we seem to be going for 3rd party copper and 3rd paty Zinc has moved up the pecking order. Vanadium seems to be moving off the radar. A bit of clarity on the exact plan for Kabwe would make me feel a little better. Other than that it looks as safe an investment as you can get to me. Looking forward to being fully invested again in the coming months.

I don't begrudge anyone profits Topcatz - good luck to em - spend it wisely and have fun. The contrast with the way the EUA CEO has ramped the share is at a marked contrast to JLP. He has used the 'news' to ramp the share price to get warrant money in and could now dilute share holders from a high base to get cash in if needed. All quiet here - everyone seems to have gone to the EUA party. let's hope it ends better than the GKP party or the FRR party or the SXX party …….

All true Michu - USA production continues to grow - it is now THE biggest producer in the world. they import oil that suits their refineries and export their shale oil to some extent - Trump has lifted the ban on sales. They have built several new pipelines to get the oil to the coast but now have bottleknecks in loading ships - this is their next investment and they plan to be net exporters of oil by 2022. The beauty of Nigeria is that, as far as I know they don't have the facilities to import oil and hence the reliance on diesel and locally produced gas. If the USA gets it's new port installations in and if Nigeria had facilities to get this to their power stations then the world price of oil would be a worry - in the meantime SAVP have the chance to gain increasing shares of the market and at robust prices. As soon as the profits hit the bottom line then serious investors will look at it and think again. Evidence of profitability is the main driver of the sp here IMO (albeit with murky dealings going on in the background).

https://en.wikipedia.org/wiki/Peak_oil
Look at Hubert's peak oil production graph for the USA (red) in the bottom right hand corner and compare to the actual (green) - it explains why oil is priced where it is - not electric cars and climate change theories.

Yes I was overweight on the positives Michu - that was deliberate and my headline was positives - just added a couple of the negatives for balance really. The thing is that all of what Snaffleman wrote and what Michu has said about sentiment are out there. Bottom line profits coming in as we expect will change the perception. If oil stays between 50 and 60 dollars then that won't affect the fundamentals of SAVP's business.
A couple of things your friend missed out Snaffleman. The world population is set to grow from 7 billion to 11 billion in the next 25 to 30 years - that's a lot more customers. Nigeria and Niger have rapidly growing populations - they are way behind in development - businesses poring diesel into generators out of cans. If they went electric - how are they going to generate that electric for the next 30 years - we know how - it is being announced all of the time and new gas and oil infrastructure is going in not electric charging points.
Oil and gas are going to be around for years and years to come and more so in the developing countries of Africa. Oil consumption in the world is still rising not falling. It is only the USA fracking revolution that has stopped the price of oil being $200 per barrel. We have not hit peak oil yet but peak USA oil would move oil prices up drastically. All the noise is against investing in oil and gas. In Nigeria and Niger the fundamentals are very persuasive for my expected lifetime at least.

The CEO at EUA has done a great job.
The company was penniless and losing money scrabbling around trying to make profits out of platinum from alluvium. he got Sinosteel to agree to fund two small mining areas. He then started to look to sell the company to tap into the palladium boom.
It worked a treat and when he let the news out PI's jumped in and got the sp up above warrant price. He then FORCED warrant holders to convert to shares to give them working cash whilst banks began work for no payment. The banks have not even agreed their terms yet, let alone started looking at selling the company. meanwhile they are burning cash and not even producing as the alluvium mining is suspended over winter. When it kicks in it will be 90% platinum by value and make them a couple of million this year if they are lucky.
I have valued the assets at 8p to 10p per share not including the flanks area. I gave this no value as it has not been drilled and will need lots of cash to do so. they await confirmation of a licence but this is a given due to the law over there.
I decided to get in at 3.1p and it was dropping nicely but I missed out as the CEO paid a company to do a report on the valuation of the assets and they came up with 54p to 60p. They then leaked this not for PI's report to PI's and up she went again. Placing anyone. They were paid by the CEO. The assumptions in the report beggar belief - palladium above the current price for the next 30 years. All other minerals valued at or around recent peaks. The flanks which have not been proven to contain mineral that can be mined economically given a mineral content of 7.5x the proven areas and given a valuation of 30% of what they would be if they were proven. They do not have a licence for the areas yet - not sure they even own them.
I tried to discuss the company a couple of times on EUA but most had no idea what they were invested in. Some thought they ONLY mined palladium (they produce very little palladium) others had read the 3:1 palladium to platinum ratio headline on the company website and didn't know it only applied to the mining and not alluvial sites. The company writing the report have used and repeated the 3:1 ratio even though the company website shows this to be incorrect when you read past the headlines.
The share has been successfully hyped by the CEO - the thick folks have bought it and made a fortune and yours truly who did his own research has made a little bit of cash through trading it.
The message is when in the presence of sheep - follow the sheep. I still prefer to be a wolf sitting in wait for the sheep to arrive - they will need to put their easy won EUA gains somewhere when they persuade their friends, relatives and colleagues to buy them off them. JLP and GLR (risky punt) could profit from it yet - still waiting. Oh to be thick!!!

The short position was massively overstated.
The loan has most likely been paid out of cash.
We should have cash pouring in now.
The company has to update us with some financial information by the end of March.
We have several new gas customers ready to sign up.
AK looks like he is hellbent on making this THE oil and gas company in the region.
The sp will have to reflect all of this at some stage.

Negatives - the current sp and the behind the scenes wheeler dealering that is making others money and keeping us in the dark.

Sounds like a broker moving shares between ex holders and new holders on their accounting system and registering this with the market - that's what it sounds like to me - so the pair is a buy and sell by the same broker.

Pants - "Thats it"
Chortle chortle chortle.

...To you.
Oh dear oh dear oh dear.
Coming from Rotherham I recognise Chuckle Brothers when I see em.
DB and Pants - no slacking lads.

I posted 2 posts - I think the reference is to agreeing with the one I posted at 11.47 and not the one about the share price?

I chose my words carefully Andrew - 'breakout' and 'look different.'
'Onwards and upwards' is my rallying call to counter the doomsters.

Done as expected and rallied - looks like an ii or two is still picking up shares for the long term.
The charts are looking like it's settling down now - no real strong direction evident - my gut feeling is for a trading range of 3.5p to 4.1p for the next couple of months - buying the dips and accumulating for the long term holder - better shares to trade for the short termers I would think. SLP and EUA for example look like they will be more volatile.

Once the public get hold of something but with only a little knowledge the politicians just jump in whatever direction to get votes.
e.g. The National health service only has salt of the earth hard working employees and cannot be changed because if you do change it you are evil - actually inefficient (that's why so many are working hard) and used inappropriately by the public who need educating.
e.g. fracking is evil - why? - we currently import gas which comes across a continent - we have no control over how it is produced (fracked most likely) and there is loads of leakage into the atmosphere along the pipelines - we could replace it with short pipelines and have close high standard control over the fracking process - but no - it's evil.
e.g. veganism - it is going to save the planet and be good for our health. We are designed to eat meat - we have the mouth equipment for it - already research is saying brain function will decrease without meat. In addition scientists are saying that a diet that includes one portion of meat a day is a better balance for the environment than everyone going vegan. Eat less meat especially fatty meat should be the message - no the pure people are going to save the earth by being vegan - I don't think so.
e.g. Electric cars - see all previous comments.
Basically whatever the weirdo unwashed non working protestors have on their placards is not what we should be doing. Can we have grown up conversations - apparently not. While we are eating lettuce to save the planet, Nigeria is expanding gas and oil production as quick as it can to get it's 200 million and rising population out of poverty. Where should we be focussing our efforts ? Discuss.

Read an article that said 90% of AIM companies fail and should be avoided. They recommended only buying the ones that paid dividends as a guide to success.
It's the greed that drives us though - buying the shares that pay dividend before they start to pay them - big gains if you can do that.
This share price is waiting for proof of income I think - nice and steady sp for a change and chart still looking good for a decent edge upwards IMO.

Another day …….closer.
Band width closed down again - was .34 to .29
then .33 to .29
Now .32 to .29
When we get to .3 to.29 the market makers have nowhere to go - result - breakout. This time next week everything will start to look different.

And yet you can compare the cost to the environment car by car and petrol cars are less poluting than electric for the first 7 years and diesel cars are less poluting for the first 10 years. Electric cars are better after those time periods as long as they dont need knew batteries. Battery life only guaranteed for 5 to 8 years depending on manufacturer.
They get on a mantra and thetes no thinking theteafter.
Electric cars main benefit is not poluting at ppint of emmission granted but a balance needs to be struck.