George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Crazy. No strategy at all. Where are the funds going to from for exploring this new project. The last one was given away for next to nothing. It’s obvious GH is going no where and so now it’s copper and silver 😂
I didn't get buy orders filled on Friday either, albeit they were cheeky ones for 4.2p. Unless there's a sudden deluge of selling, I think the remaining shares below 4.5p will get taken up over the next few trading sessions, and we can then make the next move up.
What price will this be at when the RNS lands at the end of April/early May? There will definitely be high volume buying following those RNS, because a lot of folk will wait for confirmation of the deal before committing some or all of their funds. So I would expect a decent move up on confirmation.
"Now he is so repetitive and boring for me that I find it hard to concentrate. He is is the type of guy that will be using the word ‘potential’ for decades to come."
That funny Pauly80 - because the very same can be said about your posting on KAV. Give it a rest with the agenda led posting and if you really don't see any reasons for optimism here, then no one is compelling you to hold any shares!
Looks like the shares under 4.5p are currently being accumulated, with selling at these levels being soaked up by buyers. Junior goldies are starting to perk up. If this continues, we should see another push towards 5p very soon. All imo and GLA
I also got quoted 5.2p for £2.5k before it reverted back to 4.7p. So it's not easy right now to get many shares below 4.5p. As I said before, the cheapest shares are being accumulated away at each level, before the MM are ready for it to move up again. Get what you can and whilst you and hold onto them. It's going one way, and that isn't down. Why would it go down when it's on the verge of its biggest news in 18 months and cheap as chips.
So the de-ramping makes no sense at either a fundamental or technical level. Come back and de-ramp when it's much higher and you can argue that it's going to fall because all the good newsflow is gone, or there isn't any money. But to de-ramp right now is plain stupid and futile imho.
Don't we already know who the seller is from the recent TR1? They were still holding a lot of shares at a the point of that notification, and so it would be no surprise if they are still selling out. Still leaves the question of why, which only they will know for sure.
The trend is positive and if anyone is winning, its the bulls. If you look closely at the chart, price is making a decent move up on high volume, and then retracing/consolidating that move up but on much lower volume (which includes profit taking, MM shaking out weaker hands, etc). So long as it continues to make this pattern of higher highs and high lows, the bulls have it.
I think the next move up will close the gap and take OMI into the 6s. Will this next move happen of itself, perhaps triggered by a green candle, or ISA money coming in, or will it need the confirmation RNS to land? Either way, it looks almost like an inevitability when you consider the chart, the newsflow to come against strong sector sentiment and the relatively small free float.
Just need to hold and/or add during these more quieter dips imho, especially when the price is still so cheap for what's highly likely to be on offer here for the rest of 2024. It's the best way of catching a multi bagger. For those who bought in the 2s, they have already one bagged. For those buying in the 3s, they will also one bag on the next move up. If you wait too long to buy, or sell too early, then your gains down the road will be much less. Gotta have a strategy which gives you the best chance of making the best returns. All imo and GLA
What has happened to that Ginger Hippo fella - he was one of the chief rampers on here and always used to accuse me of de-ramping this dog, whenever I tried to warn about this share. I think he was the biggest comedian for me.
I think in and amongst all the rampy stuff which you get from ALL junior explorers, KAV/BT did often say that the KSZ was higher risk exploration for them. But they were also consistent that the KCB represented their highest probability project in terms of a discovery. Obviously this has now changed with Zim being lower hanging fruit, but the KCB still represents the most likely project to yield a discovery in Botswana, and the chances of making one have likely increased with DC leading the exploration.
Clearly this is shaping up to be a key 3 - 6 months coming up here for KAV. Let's hope their confidence in both gold and copper is vindicated by some early exceptional results.
This is only going one way and that is up. The volume on the moves up is stronger than one the dips. It is currently as cheap as chips so there will be a lot of buying demand at these levels. The small free float means that each level will be bought up within a few sessions. First the 2s went, then the 3s and now the 4s will go as well.
All this before the big news lands as well. Get in before ISA money lands next week. All imo and GLA
Can’t imagine the Prospectus will be a problem as they are fairly routine. There are other companies that have had a similar delay and when Bres said February I did think even then that was quick. Still cheap entry/opportunity if you still believe this is the year for Bres.
I don’t mind the timescale slipping especially if the reason for that is they are doing this prep work which increases the chances and confidence of a successful campaign. They are being led by DC who is the regional expert.
What’s more is that it makes for a rich period of newsflow as we should be hearing about Zim as well.
Same pattern as before and will now head back up. Most of us know this is going to shoot up on Anza confirmation and then Pepas drill results. So it makes sense to just load up at these bargain basement prices and hold for the above period when the big returns will be made.