Member Info for kr1988

Yeah again one id expect to raise early next year so deffo one to make 50% off.

Yeah I agree over the last few years they have given an update pre Christmas, something tells me something is bubbling and they are delaying releasing the rns until whatever is agreed/signed is done so they can announce it.

Yeah its done well from when it dropped to 11 pence, I thought it would recover alot slower than it has

AEX have they done the drill yet? a few years back they had to drill the hole but kept getting delays was this ever done?

The issue with saying its cheap is that I thought 8 pence was cheap lol

Zeph is drilling in the new year and it appears early in the new year, with no shares to flip it might run up quickly so we might be able to move from Zeph into GEX before it takes off.

Yeah they were waiting on the generators getting delivered which is what held this up a bit.

This might do well if they have raised at a premuim someone must of wanted to get in their to get i at such a large premium.

I cant believe its been 10 months Deep since the discovery.....

They must be at a real debate how to take this forward. Could they pump the water into lake Rukwa?

Yeah its strange how they seem to be going backwards. They are dilling in a safe country (Australia) so surly it should be a formality getting these licences.

I suspect they never expected to drill this year.

Well remember last year when they said oh yeah we need to raise, sent the sp from 3 pence right down to 0.5. It wasn’t illegal its was either stupid or cleverly orchestrated to get the lowest price possible for the investors buying into the share.

The one thing I will say is it has a real following so the sp can shift despite the huge amount of shares in circulation

I forgot you brought in it’s gonna drop now lol

It seems Zeph are gonna go drilling very early so I might sell my pred and put it in Zeph. Pred have an investor update in late jan so coif be one to step away for the quick return in Zeph. I’m gonna see if the sp pulls back and I can get a better buy in price, earlier today I was quoted 2.92 which is higher than I paid but over Christmas I get a tad lower. Zeph are god at comms and update regularity short but confuse updates which doesn’t leave much to the imagination which is good to help boost sp

When a share goes crazy you have traders who play the rises and falls I don’t have the nerve lol

I think a dilution will happen but I guess they need to decide what they are doing. Do they go and drill more wells or put itumbula into production. Do they get the plant equipment for free? Do they need to buy Lorrie’s or do they farm out itumbula and get everything covered for a parcetage of profit.

I think for the share to take off they need to unveil their plans and how they tend to finance it.

Not sure dai I haven’t watched them recently. I’m surprised that blustar drilling hasn’t affected the price. I guess investors arnt excited about it….

I’ve not been on the Kod bb for a while it all seems very negative and that 15 mil seems to be hanging over Kod. The price is very low right now but funding is a risk here I think

Hmmmm this looks very risky just look at the chart lol they don’t really have any posters either. Obiously they could turn it round but seems along way off

So what that poster is say Jj is they are not open to business with other countries? Seems a stupid idea to me….. let companies did up their ground and share the ritches but some of the African countries don’t think like that

Im gonna be careful this time, a few times Ive missed the peak by holding too long so if I think it reaches around the 5 pence mark ill prob jump out to try and avoid holding too long like before.

The rise today seems to be holding so hopefully we arnt seeing people selling on the news brigade.

Yeah its still sitting around the 3 pence mark to sell so im in profit so im happy. I havent sold as now this is funded it should take off in the new year.

With no placing shares to flip it will be interesting to see where this goes. Their will be some that brought at the bottom but hopefully most will be under water and will hold whilst it takes up. Id be very happy with 5 pence lol

I brought in at 2.9… let’s see if that’s a god price come the end of the day