Member Info for Kalan

Hi Speedy - I think we will see 4.1p to 4.2p from my look at charts and indicators - which way it goes after that isn't clear - but 4.1p isn't much of a drop from where we are now.

That's the best idea to come out of Hartlepool since you hanged that monkey Bob.

Cheers sankeys that makes sense.

Forget gold - forget Regua - WRES makes enough to pay the bills and the debt and there's money left over or they may as well turn the lights out. My bet is there will be money left over - quite a bit - in the meantime loving this share price - you can predict it from the charts on a daily basis and it does exactly what you expect - edging closer to that breakout - how far can the production be ramped up? The share price will follow - chilled.

All sells this morning (low volume) and yet the bid price has been raised to tempt more sellers and the offer price has jumped up so that buyers have to buy a wide spread. Must be a decent sized buy order waiting to be filled - or am I wrong?

Like - the pgm ramp up.
- the recent strength of pgm prices.
- Better terms for contracts at Windsor.
- Increased operational earnings.
= Control at Hernic paying off.
Don't like - 30% drop in chrome prices means chrome operations are barely breaking even.
- 2 more fine chrome plants at capital cost now on the hope that chrome prices turn around.
- Still awaiting fine chrome completion permission and more importantly pgm at DCM permission.
- Kabwe focus more on 3rd party material now than in previous rnss - copper and zinc predominant.
- Cash flow implications. 8 million for half year but we have about 13 million going out for chrome and pgm rights plus Kabwe expenditure plus fine chrome expenditure. The 6.8 million placing now looks like it was crucial (my bad).
Definitely don't like - Leon states that he is grateful for the ongoing support of investors?????

Great progress on pgms and there is more to come and the revenue will increase this half year. Why the sell off - some bought on Zac Mir's chart indicating 5p and it isn't happening. Some are wary of another placing. Some realise that it will be 6 months before the next major update and will be back later. Some will come back earlier for Kabwe news around May time onwards. Some will say - when chrome prices recover and when Kabwe kicks in and when the pgm current prices are reflected in the next half figures - then there will be a whole lot of jam to share around - but not today - tomorrow.
Great potential still - love the company and will want to be in up to my kneck in JLP shares when the next ops update comes out.

Another week same great share price. The punters are hanging in there - the chart moves sideways some more - closer and closer to breakout - keep on holding and adding - we are getting close now to that breakout.
P.S. if you want a few extra bob then bet on Sunny Scunny united to get promoted next year - the manager Paul Hirst knows how to build a team - you heard it here first - you can have that for nowt. Should be about 5 to 1 - i.e. a 5 bagger. Even better than WRES IMO which should be a 4 bagger from here. Maybe 5.

Nice work Bluebelly. My amateur charting supports a rally back above 20p so maybe profit for you is close at hand.

I seem to be following you around today tiger - just taking a renewed look here myself - also FRES CEY and maybe even GLR for a small punt.

Hi Tiger - sheer lunacy on BMR board IMO.
How are you feeling about GLR and if I may ask CEY (been in and out of that one for a few years now) - got a bit of cash looking for a home and wondered what you think on those two as possibilities - a bit out of the loop CEY wise.

Bought at 77.5p for the uplift from the support from the previous bottom - looked promising but I think the general market downturn has affected sentiment and the sp has dropped to a new recent low so took the cash off the table for now - sold at 75.1p for a 3.5% loss. will be back - great prospects but sentiment doesn't look good in the short term - good luck to all holders - here's hoping for a cracking rns and I can have a good laugh at myself for bailing too early.

fellowship is right - the plan all along was to produce copper. Over on JLP they have been confused by the copper production - where is it coming from? I can now reveal that it is being brought in from Mars. Colin is an alien and he has implanted a small green grub like creature into Borelli's ear and it burrowed into his brain. He has done the same with leon. He controls them both - they only respond to a Yorkshire accent. leon is being used to convert Kabwe into a spaceship and it is this spaceship which will transport the copper cheaply from Chile.
just seen ot all on Dr Who - so true.

Hi Interzone - I have had a look at the one year and one week charts. Both indicating downtrends of course and there is no evidence in either chart patterns or trends that the downtrend has been broken.
The one year chart is, however, showing the share as a little oversold (MacD) and more oversold (RSI) and Stochastic measure is showing that the share is at rock bottom right now. So that may indicate a small rally back up but no sign that the downtrend will be broken.
The one week chart shows similar, again with Stochastic measure being at 0 or rock bottom which means a lift back up could be on the cards.
Will keep an eye on them all and post when I am more confident that a turn around is underway - at the moment the indicators are that it may be turning in the next day or two but the evidence of it having started to turn isn't there as yet.

They have started up a Tungsten Mine (+tin) and it is ramping up production. If it reaches the designed production there will be enough money to pay all costs and make debt repayments and leave plenty left over to fill the coffers of shareholders. The price is depressed because the project over ran and needed to borrow $9 million more than planned and the designed production has not yet been proved to be realistic. The CEO is not trusted. Once la Parilla has proven itself the share price should be much higher and there is another smaller operation being set up for Tungsten at regua. there are also gold assets but they are some way off yet but a small scale mining licence is being considered.

Not my norm DB - each to their own eh and good luck with your money making strategy whatever it is. All the best.

Good point PSB123 - looking forward to next week when the share price moves the market cap up by millions on the very light trade turning positive.

When valuing we need to consider the longevity of the projects - Kabwe is way into the future but DCM and Hernic and part of Windsor production are time limited which means the income will be here for less years.
JLP will certainly be worth more when Kabwe is up and running and paid for - about 6 months away for production to begin ramping up IMO - getting closer.

"7. Christmas Day will be the 25th December - probably unless we put it back to Christ's actual day around the 12th of September - which could happen and then we can have our mid winter pagan festival back that the Christians hijacked.
8. 2020 results will be due in 2020 (possibly April) - I don't think so - 2020 results will probably be around April 2021.
9. EVERY January will have 31 days." - probably not - it only has 31 days now under the Gregorian calendar - other calendars exist. Also there was once 10 months in the year and then 11 and now 12 - we could have 13 which would shave a few more days off January. July - added by Julius Caesar and August by Augustus Caesar (OCTober is 8th month but now is the 10th - hence it was labelled Oct). may I suggest Borisember as the 13th for restoring democracy to our nation and only 28 days for January from now on.
Certainties are never certainties we can only do our best with the info at hand. GLA and be nice to each other.

I must say I find this thread rather sexist - I appreciate a good Grammar but think good Grandad's should get a mention too.

Can we borrow an olive branch Wooster?