Member Info for Kalan

Hi Amers (breaking my last post rule) - I am here to find out more about the company - there are sensible people here with information to share but they can't compete with the constant rubbish being spouted. I try to post late in the day when the bb gets quieter and quality posters may join in - but to be honest - I don't think we will get anywhere until the sp has dropped back further and folks are more sober about this share. So in short I am here to buy IF I can find out what the current cash position is and if I can get sensible valuations from others to compare to my own. The rewards are there but so are the risks - how can anyone invest without evaluating and quantifying each? Otherwise it's just gambling. 2 weeks until I try again.

100% wrong jippyjazz - everything you have typed it is all wrong - I am trying to start a discussion to find out some facts - I will have to wait until snowman sobers up to discuss our valuations - I spent a lot of hours on mine and also a lot of hours going back through posts of others on here as well as rns and the company website - I have serious concerns that the valuations on here are massively overhyped and that there are cash flow problems that could come back to haunt holders. I want to invest but won't do it blindly on the faith that the CEO is a great bloke who is acting in ours and not his own interests. Good luck to all investors here - nothing more from me for two weeks - been nice being slated, lied about, insulted and dismissed here - and then those that do it call me the troll. My only insult was to call donotpanic a fool which I withdraw unreservedly - I will let him persuade you on that score.

That's why I am warning Ross7 - fool. So he doesn't go the same way!!!!
p.s. Are the market makers discalculaic as well as colour blind - they are saying people sold at 2.76p when it is obvious that it is 3.05p as you predicted.

Good luck Ross7 - I hope it works out for you.
Enjoying Cambray and Bullstops posts - like cats toying with mice.
Ross7 - can I suggest you take a look at GKP and FRR - similar bulletin boards to this - no brainer shares where everyone believed everything the CEO said - one lost 99% of it's value and another is 100% down as things stand. 99% of the contributors on those boards still believe in the shares despite losing everything or almost everything. Not saying this will go the same way - but always remember that there is a chance it will and only invest what you can afford to lose. 90% of investors on AIM lose money. The very best of luck to you.

Hi snowman - like your post and the other from Bullstop - I have done a valuation of Mochetundra and got £192 million which is roughly 9p per share I think. I still don't own any because I am concerned as to the cash flow situation of the company - which no-one seems to want to discuss. I also valued the WK assets as they stand and got very little for those at this time. I think you could optimistically add 1p. So 8p to 10p IMO if all goes well. Time will tell. Short term - the cash flow position needs to be clarified. Cue a load of unresearched guff about how the company is coining it in from those not in the know.

Maybe they are colour blind donotpanic - or could it be - no it couldn't could it - I hardly dare say it - could you have been er um er WRONG.

2 entrants:
Do not panic 4.5p
Kalan (insert your own pet name for this lowlife) - 2.975p
See you in two weeks for the result.
It's been a pleasure conversing with such fine gentlemen.

Brilliant CAMBRAY - brilliant!

Apologies ggg1 I do seem a bit desperate don't I|. desperate for what I am not sure - but yes desperate definitely describes me - can you enlighten me as to what I am desperate for?

Wolster - I think the rude replies from the residents are aimed at my reply - not at your original post - I think you will find that I am the only one who addressed your post with a sensible reply - hope it helps.

I don't think I am clever LB28 - by the way have you understood what a warrant is yet and how it's exercised? It is not me that is clever - it is ………….
It's called a writing frame - see if you can complete it.

read it all and lots of research thanks.

Hi Woolster - assuming that the banks recommend a bid and the company make it then it all depends what they are bidding for. If it's just the palladium play from mining the pit then it will be a sale and the company will continue to dig around in the muck extracting some platinum and drill some holes to prove up more hard rock assets.
If the banks say that the whole company is worth having and recommend a bid for the whole company then you will sell your shares to them at the agreed price and walk away smiling - no longer your concern.
The third option is that there is no bid and you keep your shares and don't smile very much.
p.s. don't know why the consensus is for a big dividend payout.

Carpfisher - I too look at barchart from time to time - I have learnt to ignore their buy signals - I have sold half of all the shares in one stock I own that had a 100% buy rec on barchart - it has since dropped 12% since they moved it up to 100% buy - I prefer to look at the traders cheat sheet for short term targets that barchart provide where you can see the potential upside and downside.
https://www.barchart.com/stocks/quotes/EUA.LN/cheat-sheet

Good point donotpanic - it has dropped 1.1p from the peak 2 weeks ago - I am only suggesting another 0.85p in the next fortnight - so is that your guess in for the competition between 4p and 5p. Shall I put you down as 4.5p?

ok so we are at about 2.8p mid price now - so where do people think the share price will be in 2 weeks time - so close of play on 27th November 2019.
The volatility here suggests it could move maybe a a penny either way so I think I will restrict my guess to between 1.8p and 3.8p.
I am going for much closer to 1.8p than 2.8p - my charts say 1.8p is on the cards in two weeks time - but there is wall to wall positivity from the believers to overcome so maybe it won't quite drop that far.
My guess is a mid price between bid and offer at close on 27th November of 1.975p.
Have a go - just for fun.

Have they applied for the licence Oiltap - I haven't seen any news of it - or have I missed it?

Hi 3cardbrag - yes you had it right - I only posted to change the heading as we were all posting under squid not squib - that's all - just being pedantic.
Max2Mentor - I would be shocked if they had used all the Riverfort money - not sure that we have been informed that they have used any of it - not from my recollection - to be honest I just don't know - and there's me thinking I knew most things JLP. maybe it will be in the update under liabilities.

Thanks ameen and roosters - I look in every day waiting for my buy price to appear and have wondered how every transaction is a sell but the market makers don't drop the price - I was thinking they must have a buy order to fill that is taking time.

…. and the much undervalued 'olderandwiser' of course.