Member Info for Kalan

Nice little bounce as predicted yesterday - resumption of short term downtrend to resume now.

I'm not expecting an RNS at all GIT - a quiet time - ramping up production and cash in the bank to get to free cash flow - no need for an RNS from the companies point of view until they have to.

Hi chaps - last bought at 13p here and haven't bought again since - not a holder at this time just to be clear.
The potential here is massive as you all know. I am being held back from buying and holding by a couple of facts:
1. The market cap is 10x the net asset value.
2. Between now and September it would appear that the company needs to raise cash.
I know both of these things go with the territory with this kind of investment but can anyone persuade me that the time to invest is now and not say 6 months down the line when the balance sheet looks a little better after perhaps a placing? I have got a bit out of the loop with VRS over the past 12 months. Thanks in anticipation.

The sp looks like it should be due a small bounce tomorrow.
Good to see all you folks still being really nice to each other - new year - same old.

Like it Ronald - was that fake news lol.
Good posts today Kaiser.

The chart is developing as hoped - staying above .29p (at the close before we get the .275p again) and moving sideways to upward as it attempts to break out.
As for cash flow - the grant doesn't help as it is spent already. The loan does as it gets us through to positive cash flow (proof not yet in ) - getting paid promptly also helps preserve cash - all in all - steady as she goes and happy to hold and wait - happy bantering everyone - well everyone apart from langtro who is quite a nasty little fella from my observations.

Ah there we have it Langtro. First piece of scum crawled out from under it's rock to troll someone they don't know and know nothing about and for no apparent reason. Happy New Year. Sad sad sad sad sado.

Beware Twitter - pump and dump merchants about.

But you held them before when there was no evidence of sustained profitable production.

Totally concur Geng - the proof is in the pudding but as far as far as I am concerned you call WRES better than anyone else. It looked like it had bottomed before and hadn't but I understand that - it's the nature of charting - this time it looks real and as Rod says it feels real. Feeling is what it's all about - it's what causes folks to put their money in.

After such a long period of winding the sp down we needed a period of stability above 0.29p before we can start to move up - the early low key but more positive buying action has been spot on - exactly what we need as the sentiment starts to turn - looks like it's happening to me. GLA - hold and add.

I have been banned rodrod1 - don't know why!

Ffs db christmas must have been a blast in your house.
Santa over promissed and under delivered again.

The resudent posters on EUA are the least informed about a share I have ever seen. Still some of them have made money just by following the heard. So good luck to them. Merry xmas and a prosperwres new year.

There should be income at the year end from the refinery for past WK production. Whether this will warrant an rns I would doubt and in any case it won't be great as the income will be relatively small since the material was 89% platinum by value.
It will be added to the coffers alongside warrant money and according to the board should see the company through to production start up some time in March.

Step 1 - get the kit up and running - tick.
Step 2 - finance through to positive cash flow - tick.
Step 3 - Production level results in positive cash flow - gone onto 24 hours - one quarter of a tick.

The spread is .29p to .31p but buys are going through at .3p and the computer allocates them all as sells because it is sitting right in the middle of the range and the person programming the computer told it to marke the midpoint as sells.
there is no mystery and there are no fun and games. Share acting the way the charts predicted - remember a steady turn around was indicated once .29p was reached. Plenty of time to add to ones holding at a low price IMO but it's up to the individual of course.

Still, accepting all that 100%, it may prove a boost when malcy puts SAVP top of his bucket list. Lots of PIs need telling what to invest in.

So masterman was sitting there thinking whats all the fuss about. The share price has bottomed at .29 ish as per geng. Well I would think so. What did I say yesterday .32p in the short term. Lets ser shall we.

Hi Snaffleman - just been looking at JLP as it's my intention to go back there with at least 50% of my investment cash. Can't see any reason to go back yet. I expected 4p resistance and then 3.7p resistance with a possible dip to 3.5p. A fall below 3.5p possibly to 3p was always possible. We have had a dip to 3.5p today but I think it's got a way to turn round with below 3.5p still on the cards.
SAVP charts are all over the place - a rise to 22.5p+ is possible in the short term but no indicator that we are about to break out yet. Wouldn't begin to advise what to do at this point. All I would say is that I won't be buying JLP in the next week or two.