CICC, Should possibly be the first to list so following events closely,this time so far so 😊 good.
Yes, I was completely wrong- Sleepy enthusiasm, got the wrong end of the stick canna tell me grams from ounces ,nevertheless it is still well over 6l lbs or nearly 3kilos per ton which is still an amazing amount ! Compared with the usual results.
Listening to KG on share talk - revealed an astonishing statement that unsurprisingly share talk failed to pick up on ! At 9.56 mins GK commented on gold sampling at DB revealing in some cases more 3000 ounces of gold per ton had been discovered.thats very roughly 190lbs of gold or 90kilos per ton of ore I have listened to it several times . An incredible statement He also states they expect to find more far more world class resources over the entire licence are,although if the gold sampling is more than verified it could be one of the biggest finds in recent years as such it could ignite the shares in a way rarely seen,
So you expect over night profits ? No chance I expect double sp in the next 9 months or so Reality is when a company publishes past outrageous figures of percentage advancement in all aspects of the business and boasts about doing so then publishes more outrageous figures as in 477% cash advance into the millions on last years comparative figures, a lot of cautious investors wait for confirmation and translation of the mind boggling figures in the accounts before investing. We will be on a lot of IIs watching briefs.
The game is to make a profit,it matters not what PIs think of LTH or traders. I hold just under a half percent for the mining outcome, I also buy and sell on top of my holdings on the sp fluctuations if the sp gets much below 18p,my last trading target was 15p never quiet reached second time around so had to by around 18p for a trade was out at just under the 22p mark so I will be stepping in again for a decent trade. I also watch my LTH profit margin if it reaches my target or thereabouts the shares will be gone, I use weekly reviews because of the high risk factor here,profitable trading rReduces stake investment risk With regard to what we have resource wise even at 20 pps they are still priced in for nothing. We can expect phenomenal resource growth throughout the coming year a bit like BOOMs exponential growth rate is the only way I can describe what I believe is coming,based on the half century plus old mining reports.
How can a rerate be expected when the figures are forecast for exponential growth? How far would a rerate reach? Much as they would be good to see I doubt if forward forward revenue bookings would ever be published simply because the moment they are published they are out of date. The sp will move forward but to what point,very difficult to forecast.
Excellent figures More or less as expected, the main outcome is RP is confident of meeting the forecast figures for revenue growth -£5.3million -by YE although his statement is an almost unfinished sentence leaving the way open for speculation of increased YE numbers above the forecast £5.3million. A phenomenal ongoing rate of growth almost unbelievable and so rarely seen in an AIM company. The sp should slowly gain traction,once it starts moving there will be little to stop it.
Looking at last reported figures a net income fall from a gain of £3.7million to a loss of £32.1million probably explains the sp fall. Not a fiscal numbers situation that is easily recovered The sp consensus does not like those figures at all so until the company publishes some recovery news the sp expects the worse and may continue to fall away below 80p? despite a consensus of brokers suggesting short term recovery beyond £2.00 in some cases
Since its been mentionI would also look at Audioboom itself still under 3p with the most astonishing key performance indicators KPIs I have ever seen in terms of growth,which it is expected to exceed,especially interesting if pod casts are used for listening. Major growth in play but DYOR I am invested here on the eventual chance of deep drilling,a little surprised at the sp rises.
If investing always have a strategy for regular reviews on selling and accepting a loss or taking a profit -A first loss is said to be the best loss as it can get bigger - slicing for profits can give a free holding etc.,
Barx platform appeared to have the same problems
The general recent consistency of buys outweighing sales on a daily basis should eventually improve the sp by more than a few micro pence. Most researched investors would agree exceeding the current KPIs could well result in updating revenue expectations, as if they are not already exceedingly good 😊
If there was a big sell order going through there would be no difficulty in placing purchase orders and the sp would be off a penny or three
The pension ISA hold thinking is buoyed by the II interest.
It may be a sign of just how tight the freefloat is becoming when an order for only a 312500 share purchase takes some 4 days to appear on the trading list. If that is the highly speculative case then I should imagine liquidity will become a serious problem especially if buying pressure builds making it very easy to sell any number of shares as demand is quietly outstripping supply within the limited free float. The free float is getting tighter all the time as the well researched probably recognise this share with its inherent potential is a pension ISA hold Such share consensus pressure in its way places an urgency on getting into production to allow the shares to validate their price created by the buying pressure. As I said pure speculative thinking
Have not seen you bounce on GEO yet, it's one hell of a surprising packet,the CO reckons it's going to be blue chip that's by definition a $5 billion company with only 114.5 mill., SII.
Strong temptation to buy in again over the last couple of days but refrained as the sp consensus is Against the overall rising market.,not sure why as a good company. Nevertheless still a close watch.