Member Info for Kalan

I like the fundamentals of the mine - I think it's worth 8p to 10p IF the deal comes off - not so keen on the other assets or the board (but then again which AIM board would you actually trust). I may yet become a LTH too Brookker - sincerely hope it comes off for all those invested - even jippyjazz - hope he recovers his FRR money. GL to you too.

It's ok Brookkers - it was a very stressful day for holders of the share - I will come across negative when the share price looks too high for the risk involved and positive when I think it is cheap for the risk involved.
In the interests of openness - I have only held shares in this company for a couple of hours and that was yesterday - it went down too far and too fast - so I traded it and sold too early as I had to pick the grandchildren up from school so didn't want to risk seeing my profit disappear. I think I may trade this again one more time next week looking at the current charts - not going to post though - the reaction ain't worth it.

Cheers Brookers - not doing too bad with the old charting game - very difficult with this share due to the volatility - when the crowd are in town you get the full lot - the strong believers, the traders, the easily panicked and those who believe anything as long as it fits their already made up mind - so volatility is the name of the game. Today was the furthest I have been out on any of my predictions though (0.12p).
Try predicting what the sp will be here this time next week - it's almost impossible.

Spot on hope2gain - about the herd - I didn't think it was such a bad day _ I predicted 2.55p mid price but it's 2.67p at the close - so not too bad - stronger support than I expected to be honest.

Looks like we are into buying the dips territory - anyone wanting to build a position and average in should be able to do so without too much fretting about the downside - massive upside potential % wise.
Calculated my average and it's 25p - not bad considering I bought in at 30p for the drills and topped up at 39p just before the reverse takeover was announced. Unfortunately bought these in the wife's accounts so she sees the red for two years - doh.

Step 1 - get all plant up and running - tick.
Step 2 - finance through to free cash flow - one third of a tick.
Step 3 - Break even. - no tick.
A small step forward - a small stock market reaction - but a step in the right direction - getting closer and closer - timeframe for buying in diminishing DB.

Correct - I single handedly talked it down - all those institutions and private investors were hanging on my every word. then my £6,000 buy caused a surge in the share price - I am so powerful. My prediction of 2.7p caused the sp to end up at 2.7p+ what influence I have.
Grow up.

Great comeback donotreply - after getting thrashed in the first round with a prediction of 4.5p when I predicted 2.975 (actual 2.91p mid price) - you have stormed back with a great prediction. I said 2.7p and you said 2.7p to 2.8p which I take as 2.75p mid price. on the last 2 trades we have a mid price of 2.775p so I give that as a win to you. 1-1 then.
Tomorrows close of play price I go for 2.55p - what's your offering?

I read his posts too Mikey - juxtaposition - he talked a lot of sense - got it bang on IMO.

No I haven't bought in as I see no trading opportunity now and do not wish to buy long term at this price.

So tiddler thinks I am talking it down and PR thinks I am talking it up - maybe I am just being honest?

Hi Mikey - if they do mine it themselves - do you think they will draw down the $50 million and basically go back to plan A?
If so - then the market valued that plan at 0.5p. With PI's bailing out because 10p plus isn't coming any time soon, do you think the rush for the exit could overshoot 0.5p to the downside? maybe to 0.25p - I don't think so myself but is it really that far fetched?

Could still make our predicted 2.7p donotpanic - RSI doesn't say it's oversold but MacD still showing positivity from the earlier rise - I think it will prove to be a dead cat bounce to be honest but 2.7p isn't out of the question yet.

Ah I get you lamtree you are saying it doesn't matter what people post about the value of an ounce of Palladium in the hand - the market is saying that all of the minerals in the ground, the alluvium and the limbs is in total worth 2.35p ish per share - you are 100% right. As a qualified Chartered Surveyor I know that the value of anything is the value agreed between a willing buyer and a willing seller - so the Royal Institution of Chartered Surveyors would back you up in what you are saying. Thanks for explaining - you are right.

Hi lamtree - I genuinely don't know what you mean - palladium is worth 2.33p - what does it mean and what is this based on please - I genuinely don't know.

2.7p to buy will allow you to sell at 2.6p possibly - so I sold at 2.5p- it was a certainty rather than a probability. I stand by my prediction but didn't want the risk and have to sit watching it all day - babysitting at 3 pm. My wife said to hold on for higher but on balance I thought £500 certain profit was ok compared to a possible £650 with risk of it falling.
My 1.8p entry price has been there for weeks - that is for buy and hold. This was a spur of the moment trade when I saw it was oversold - nothing in my posts is incompatible with my previous posts - keep trying to prove otherwise if you like.
The difference between you and me is that I actually want it to go to 2.7p so you can be in a better position. you just want to put me down and show me up - who is the better person? have you done any research yet - how is the company cash flow?

Each to their own K3VMC - some would buy without news based on a chart - others now that we have production, others would wait to know we are financed to free cash flow - others would wait for free cash flow - all down to your own risk and reward profile - as long as you have a rationale that fits your personality and you make money out of your strategy, then all's well and good. Early bird gets the worm but also takes the biggest risk.
I think the finance is almost a given - now that we are producing. Odskool can wait and play it safe but may lose out on a percentage of the profits in order to be safe. Hopefully we will all profit now.

Hi Steve - I got 50% fibonacci retrace at 2.27p and 62% retrace at 1.83p.
It's been below 2.27p already so I still think 1.8p is likely but I take your point on the trading range we have experienced in recent weeks.

I agree sankeys - the break out has been decisive - 20 day and 50 day moving averages are now up not down and the 200 day is flattening. I think this marks the bottom at 19p and a bit - expecting a bit of short term weakening after such a rise and Macd and RSI look like they need time to rest and recoup - so I would agree with sankeys that buying at 20p or a bit below if it becomes available is a much safer bet than when some of us took the plunge yesterday.

Good to hear from you Steve - thanks for the alternative view - will give it some thought as you are just as likely to be right as I am. It's not an exact science as we are relying on empirical data for charting and scant information from the company in the real world.