Member Info for Killerpidgeon

Hi. Usually FM speak in terms of financial year and not calendar year. I believe that when he writes about H1 he means April to September....

Amazing news! More than a hint in there that Marange is up for discussion!

Some good volume today! We could arrive to 26 maybe....

I was being sarcastic! I actually hope for much more than .62!

Once again, a muted reaction from the market. You need the patience of a saint in Vast. Oh well, luckily i am not in a hurry, at some point these so called “golden tickets” (as Oracle likes to ramp them up 20 times per day) will come good. .62 with BP maybe?

...... round the fire that you’ll make on the beach of your private caribbean island!!

Well done Team Bushveld! Good news. I dont think it will move the SP by much, but a good sign that things are moving in the right direction

I’m switching off for a month: this is too painful to look at. Going down for no reason whatsoever except traders impatience. See you in august!

Back online finally!

All seems to be good, yet the price keeps going down. Probably because my holding is much larger now, but i am more nervous now than when it was at 2.5p. I took a big hit on ZEN today, maybe i should just switch off for a few days and just focus on gardening.....

I think there will be an rns by friday. If the deal is good, we might not be at 4p for too long. Personally i wont add any more shares until the situation is clearer.

I would not count indo out just yet. With their cash flow, you would expect them to be able to borrow 1.5m from a bank in theory. IMO they are using dilution for the rig and after borrow money to buy the indo asset. AC wont give up his 100k so easily. If i remember correctly, they have until this week to exercise their option in indonesia

Very cheap indeed but not in a hurry to add more shares tbh. With no news this one could stay at this level for a while or even venture into the 3s.... AIMO

If it works out, you’ve got an amazing entry price

Seems like a pretty standard one at this moment in time..... why the negativity?

Castaway your posts are always very well balanced and make a lot of sense. I truly hope you are right in your analysys

If the license does not come by the end of the month than it is possible that the placing will happen at 0.4 as it is obvious that they do not generate enough cash to cover the upkeep of BP. They can keep on adding assets in Zimbabwe but those wont move the SP until it is 100% clear that we can take the profits out of the country. Yet, if the license comes tomorrow, we’ll double the SP and everything will be forgotten!

On those terms i would be quite happy. I guess we’ll have to wait and see.

I love this board as there is always plenty of positivity, even when the SP is total rubbish! AP was very positive yesterday and gave me some confidence. Also, our assets are worth so much more than our MC. Still, i have this feeling that not everything is as it should be. First, Baron selling out just before the placing RNS. That feels like a weird coincidence. Second, the fact that we keep on coming back for more placings, even though we are repeatedly told there wont be any need for them. He said “not at this price!”. If the license does not land, the price wont go up i fear and if they need the money they’ll have to raise it at this ridicoulous price. Any thoughts anyone?

How much lower can it go?? Still happy to wait as the truth is we are massively undervalued at the moment, but what scares me is the fact that AC wants to recover his 100k and may do a hugely discounted placing in order to raise enough money to buy the asset. He’s got plenty of shares so he would lose out too, but i dont think he wants to flush all that money down the toilet... any thoughts on that?