Member Info for KentRed

Showing on HL as a buy.

Agree. I have a large holding here and want success as much as the next person, but the way i understood it was ANS have until the end of the month to come up with the funds. If they don't they will get them from elsewhere, either the government or another investor. I don't recall Harry saying that the funds would be in place this month if ANS fail to deliver but more than happy to be corrected.

Up 55.79% now. Happy days.

Yes expect he was moving the shares into a different vehicle. Can't see any other explanation.

Wow. I get self isolation may be making people go stir crazy but I'm sure there's more to life than arguing semantics on a bulletin board. Go for a walk or something :)

Whats the point of this CVM?

Did you come back to gloat on your 50/50 prediction being right or did you come back to de-ramp a stock you have no holding in?

You cant possibly hold a position in a stock feeling the way you do so why visit it's board and post?

I don't understand either reason, but perhaps that's just me.

Thanks Oldi.

Important part of the Q&A:

Q: Can you confirm that you still expect ANS to pay their first installment shortly - when all paperwork completed, not waiting until after the election in September?

A: Yes.

17 April 8:30 for me

Gold is still in the ground. ANS have the first tranche of funds and it will be deposited soon. As for the rest of the money of course they have to go find it. Most large purchases are funded, smart investors use other peoples money, not their own.

I get harry came across muddled in the recording, but to warrant a sell of off this magnitude really surprises me.

I for one have been topping up. I just don't see the logic in selling when all the fundamentals are still in place and selling now will mean a loss for a lot of people.

Worst case that could realistically happen is Kefi gets sold. Then we have someone new at the helm to take things forward. Not necessarily a bad thing, but for all his foibles Harry does know this industry and i believe he is working as fast as he can given he is dealing with governments. Patience is all that's required for this to multi bag.

Just my two cents worth .

As long as the fundamentals are all still there, im ok holding. Although 50% down on 4M shares is painful to see.

Is there a link to a recording. I was traveling during it and couldn't listen in.

What was the shock news that has put the share in free fall?

Took advantage of the price drop to add another 2M shares.

Should recover easily and quickly from this point.

.... and now back down again. That was weird.

Just seen a big swing from -2% to +8% today in a matter of minutes.

Wonder what caused that. Cant see any big buys and no RNS released.

Strange.

Thanks to whoever on here posted about ESL when it tanked. Made a tidy profit on it so far.

Not all ramping is bad :)

I just took the opportunity to add another 500k shares at 1p. If it keeps dropping i'll keep buying.

Great that you have an opinion but can you give us all the reasoning behind your views?

If you think the share is overbought on what basis do you believe this? I'm not questioning your opinion just interested in the theory behind it.

Thanks for pointing that out JesuanDan. I had missed the keyword "unconditional" when i read this originally. Bodes well for Fridays meeting.

Yes that buy showing on HL too for 96K. Decent investment.

Hopefully we will get confirmation of signatures Friday. I cant see them taking the funds though, until they need it. Why pay interest on a loan until you actually need the cash. ANS might not release the first tranche until certain milestones are completed (such as relocation of locals or road to mine). Friday we should know better depending on how detailed the RNS is. I'll punt for somewhere between 2-3p following sign off on Friday. Would still be a very nice gain!! (and i hope your prediction is more accurate than mine!!).