Member Info for Kalan

I would echo your sentiments Sambo12 - good to have posters like Agadem, Novykluk, Diversified, Totalnew etc on here it makes a big difference to have posters who are knowledgeable, willing to share and not just looking for an argument. JLP board is similar. WRES on the other hand is awful and don't get me started on GKP, FRR EUA where the know nothing aggressive types hang out - no we are very fortunate to have the bb we have - when the tribe turn up and send it through the roof - we can cash in and look back on the halcyon days before we were rich.

Spot on Ivans - the share definitely looks like it's bottoming to me - should take another week or two to complete before it rises but one can never be 100% sure.
p.s. for DB - yes it's awful - the share is going to tank - sell sell sell - snore!

A firework that doesn't go off - not a wet sea creature.
Bricks - well done on your buy - you are lucky to have purchased shares in a good company because you are totally wrong in all of your posts today - p.s. you bought in too soon IMO - the share is currently retreating from recent gains.
Jammer - you have it right here I believe in that fine chrome will be break even if we are lucky in these accounts and is more likely to be a loss. Windsor will be the big plus but I have to disagree slightly in that I think the Windsor profits will dwarf DCM losses - but I may have my JLP rose tinted glasses on.
Share price movement - folks jumped in to get ahead of the news with a view to selling thereafter into the volume created by the news. Too many like minds took it up fast and reached the top resistance point triggering selling before the news even came out. I have support at 4p and a back up of 3.7p if that fails. 4.2p did however put a floor in recently - so no givens here.
The future is bright and there will be no hiding that when we see updates in Feb / March next year with the possibility of more good news inbetween now and then. Next 3 months will all be about generating enough cash to pay for the recent deals - would be nice to avoid borrowing to bridge the gap - if anyone can do it, Leon can.

That's it Mickthegambler - PJ - if only we hadn't chased him off the boards he might have saved us from ourselves. We had our noses pushed so far down in the trough we didn't look up to see the butchers cleaver falling on our necks - I suppose we got what we deserved. Play nice everyone.

What was the name of that bloke who predicted that this was heading down to zero no matter what the news was - he got assaulted from all sides - now what was his name?

Even the Schard note commented on the difficulty of working out exactly what JLP gets for what - there should be some nuggets in the update.

...spoils the whole box. well don DB - mission accomplished - the board is starting to resemble your brain - everyone down to the lowest common denominator - well almost everyone. The nuns will be at it next - ***** slapping the novices lol.

What we don't know is what the market will do in reaction to the update JLPpositive - it could be great and the sp just loll along for a while - depends how many have bought in anticipation of good news. looking for good stuff from Windsor, an idea of income from pgm's via Elland and some positive stuff on fine chrome - that should set us up for the Kabwe ramp up.

Was hoping to start a trend - I'm Alfiedog - no I'm Alfiedog - as with Spartacus - oh well never mind - just trying to lighten the mood ahead of the rise. p.s. SAVP worth a look - buying on dips - ramp.

bottoming process well underway - need 20 day moving average to cross the 50 day moving average to get the rise underway - getting ready IMO. Time to add or keep your money in your pocket for the next share.
p.s. I'm Alfiedog.

From a charting point of view - it went through 4.5p resistance but foundered on the 4.8p as expected - a bit of a damp squib Sumoskier given what has gone on before . It has been a tremendous rise. I think the platinum price falling from $950 to $870 and Palladium from $1830 to $1690 have dampened enthusiasm a little. The fall in pgm prices won't affect the financial update but looking forwards it takes a bit off the earnings. Let's see what the update brings.

Hi Dogberry - my reference to Chile was only based on the interview because Leon brought it up - must be of some significance otherwise why mention it (it could be Colin's influence who knows). I like Raypointers ideas of proving up the copper and fine copper on one of our home patches before going to start stuff up in Chile - it could deflect Leon from Hernic, fine chrome and Kabwe progress.
We don't need to become the solution to all of the 'opportunities' that Colin has picked up over the years - make money and re-invest money to make more money - for JLP.
Price rallied through 4.5p to 4.8p so foundered on the higher resistance level which is positive - moving my support value up to 4p from 3.7p as a result. let's see where we go next.

Interesting to compare WRES mineriritent:
Could WRES double by Christmas - yes but unlikely.
Could EUA double by Christmas - yes but unlikely.
Do WRES have cash flow problems - yes.
Do EUA have cash flow problems - yes.
Is WRES's cash flow problem under control - we believe so.
Is EUA's cash flow problem under control - we hope so - there's no way of knowing.
Could WRES halve before Christmas - extremely unlikely.
Could EUA halve before Christmas - possibly - but probably not.
Could WRES 5 bag in a year - very unlikely but possible.
Could EUA 5 bag in a year - possibly but how likely that is we have no way of knowing.
On balance which is the best investment - well I think it depends on your investment stance - we know much, much more about WRES and the downside is limited and negativity is priced in. On EAU I think the potential upside is greater that WRES but so is the upside and a massive amount of that potential is positively priced in (it has 6 bagged already). For me - it's WRES at the current prices because I am cautious and want to understand the company I invest in. However, if WRES moved up to 0.6p and EUA dropped to say 1.8p then I may switch some money from WRES to EUA - In other words - if WRES becomes more positively or neutrally priced I would switch some money into EUA if it was less positively priced and became more realistically priced.
95% of posts on EUA are positive - this isn't health for making wise investment decisions. I post the negative side - which is huge - to try and get a balanced discussion to find out more information - it is working - I have earnt loads but not invested yet - I might trade it if I have the time to commit.
Well done on your punt there - glad it paid of for you and pleased that you have been able to pocket profits. Here's to EUA 10p and WRES 1.5p which are both realistic targets IMO but there will be pain on the way.

6th project could be a JV for copper tailings in Chile. That's copper and fine copper.
My 'O' Level geography studies could help us all out - copper mining in Chile was on the syllabus - I used Copper mining in Chuquicamata as my example of a primary industry - ah the old days when children were educated not trained and indoctrinated.

One more buy and this becomes my biggest holding - will I tell the wife - I'm afraid not!
'To me to you'.

80p to 90p NPV - could mean 80p to 90p share price but often shares will trade at a discount to their net present value - it all depends on how the market sees future growth prospects.
I think 37p is one analysts target price - I would expect these to be re-calculated once the deal is all officially completed.

Mikey - they are desperate for cash in order to avoid drawing down any of the %50 million - we don't know why. My estimate for cash per month revenue from operations is $220 per month.
How many months are owed. Are we still producing here. When will production start after the winter. What is the cash burn.
It is tight but may be perfectly manageable - no-one knows.
Screenshot that and have it tattooed on your anatomy for all I care. Good luck with your blind investment.
p.s. if they don't run out of money I think the sp could be up to 10p if there is a sale.

Ooh scary - Mikey - please don't show us your screenshots - we will die of shame. Please don't sob.

MrCarrick - I really think the warrants are irrelevant. Cash is in the companies hands and they are tiny compared to the daily churn here - we can ignore them now - cash burn per month and income due at the end of the year compared to when production was or is to be halted and does the company have enough money to get through without drawing on the $50 million. Also why is this important - no-one is looking at these issues - why?

Britisharrie - do you know how many months of production are owed to EUA from the refinery?