Member Info for Kiwi_

There is some really high quality Gold in those areas

Looking good for a rise today, has just gone fill or kill for me on more than £800

Gold back over $1950

There has been many significant re rates with UK small caps lately, I wouldn't rule out beyond 1p here. Plenty of catalysts on the way

In order to achieve a good average one has to average down at a decent price, I'm all for averaging down but can understand the importance of timing with that as there is no point throwing good money after bad if news is a long way away. For now there are to many significant near term catalysts. I can see this starting to move like kdnc did recently. There have been some fantastic re rates lately, just look at syme and 7dig.

I can see you getting that .84 and above before to long

What is your average here aerial?

I think this will get council backing to, anything involved in job creation will get priority. ALBA has multiple catalysts inbound

1/ Katoro Gold (KAT), JV deal due 30th September if not before (Kibo Holding 96,138,738 shares 29.70% interest in KAT).
Project is targeted to produce approximately 36,700 ounces of gold per annum at its peak and to have a 25-year life of mine.
Low all in sustaining costs ('AISC') of approximately US$727/oz and an AISC margin of 51.6% .Project is finance ready, with the debt equity to be raised at project level, minimising Katoro Gold share dilution.

2/ Baobab Resources update due 30th September if not before. Baobab agrees to exclusively deal and negotiate with Kibo with regard to entering into the proposed PPA. Kibo can continue to seek and secure other PPAs, including the agreement it is currently pursuing with Mozambican state-owned electric utility Electricidade de Mocambique ('EDM').

3/Mast Energy Developments PLC ('MED') to list on the Standard List of the London Stock Exchange plc. Kibo holding 73.89% Mast Energy Developments PLC ('MED').

4/Recent £1 million term sheet signed to continue development of diverse energy project portfolio comprising 1255 MW generation capacity approaching commercialisation.

5/All this and so much more for a market cap of £3 million, gotta be in it to win it! ;)

Mast Energy Developments PLC ('MED') to list on the Standard List of the London Stock Exchange plc ('LSE').

Kibo CEO, Louis Coetzee, said, "Sloane's acquisition of St Anderton's interest in Mast Energy takes us one step closer to the listing of MED, formalising the new corporate and share structure. With a 100% interest in two highly strategic assets MED is poised to develop a portfolio of flexible power plants in the UK, which Kibo will crucially continue to gain upside from, through our majority interest in MED. We look forward to continuing to advance this listing at pace so that MED can capitalise on the significant growth opportunities available in the rapidly growing Reserve Power market and we can realise value for all stakeholders."

Decent amount of support at this level, have a great weekend all!

Turning blue? Bid look's ripe and ready for .25.

And what might this article from today suggest in the price of Gold for September? My target $2,200 maybe even higher

Eurozone economic rebound is losing steam, surveys suggest
Surprise slowdown in pace of expansion comes after several months of improving sentiment

https://www.ft.com/content/cc4fa3df-40e7-4e19-be9f-9d01efb74f69

Firstly, with the economics of Blyvoor you wouldn't be on these boards and neither would I if Gold was at $900. Secondly, if only one party was interested we both wouldn't be here either. Sentiment here was strong when Gold broke $2000, if you read that article I just posted you will see it will probably break it again this afternoon. But it is not going to stop, it might take a breather or two along the way. Beyond $2000, where next? ;) I understand you LTHs have been burned in the past, but maybe just go back over the economics of Blyvoor again, better yet check out some of the recent deals on the ASX and TSX.

Regardless, watch what a Gold price of $2100 does to sentiment here. Today's news highlights just how bad the wider global economy is. Where do people invest? Negative interest rates on the way

And what might this article from today suggest in the price of Gold for September? My target $2,200 maybe even higher

Eurozone economic rebound is losing steam, surveys suggest
Surprise slowdown in pace of expansion comes after several months of improving sentiment

https://www.ft.com/content/cc4fa3df-40e7-4e19-be9f-9d01efb74f69

And what might this article from today suggest in the price of Gold for September? My target $2,200 maybe even higher

Eurozone economic rebound is losing steam, surveys suggest
Surprise slowdown in pace of expansion comes after several months of improving sentiment

https://www.ft.com/content/cc4fa3df-40e7-4e19-be9f-9d01efb74f69

Ibroxonia,

Many have completely missed that point

Look how fast it gapped intraday yesterday on news that really wasn't that significant, I know where I would rather be on any update of Blyvoor news arriving

This reminds me of KDNC recently, people getting impatient and rightly so having been let down before. Then from out of no where an update is released, deal has not yet finalised but it is likely to go ahead. And what happened? The market makers gapped it up 10% and it kept going up over the following days and almost reached 100% from where that news arrived. I'm expecting an update of sorts similar to that before 30th September, KDNC is only one example. There are plenty of similar ones out there