Member Info for Legalwolf

"Id be suprised tbh bebeto, simply as 700k plus went into the books a month ago."

The placing was announced a month ago, but was it not all conditional on the prospectus and then being able to issue the shares to the placees? Which they can't do until the FCA approves?

Thanks for the response folks.

Being quoted just under 5p now for £2.5k. It's inching towards 5p. Will MM raise the bid now?

Understood PFG - have GMET updated on where they are at with the grant process and/or timescale for any decision?

4.9p to buy even small amounts now. If this carries on, we should be trading in the 5s very shortly.

Not much selling now. MM want your shares, as you can sell large amounts to them inside the spread. Clearly prepping for the big news to land here in 2 - 4 week's time. It's a case of keeping hold of your golden tickets and adding in the 4s whilst the opportunity is still there imho. GLA

Things are lining up well here. Good to see some liquidity return to the share. BT tweeted earlier that he is looking to make a new all time high in KAV’s share price in 2024. Bring it on!

Re BCE guys, are you expecting it to go up on Rig news, or only upon confirming the results of the side track? You have placing overhang to clear as well.

Seems to have gone straight into auction. Can't buy across two different platforms!!!

Think Char will RNS when the Rig is actually onsite at Loukos. Are we expecting this next week?

Bres have already got one of these grants last year and tbh, it didn't give its share price any massive or sustained lift. Took a long time to obtain as well.

Https://twitter.com/Ben_Turney/status/1779757409218752650

Another excellent RNS from KAV today.

Excellent assay results.

29g/t gold (close to an ounce per tonne) over 2.5m from a depth of just 97.47m & 1.8g/t gold over 1.32m from 214.46m

Drilling hit target shear zone & several other potential shear zones.

Target increased to 1 million ounces to add to the 2 million ounce target at its Nara gold project announced last week.

Looking at near term bulk mining potential.

https://twitter.com/Ben_Turney/status/1779757409218752650

Fantastic start for KAV at Hillside. 29g/t is excellent. Target of 1 million ounces with potential for near term production. Multi bagger in the making this for sure. Still cheap as chips at 1p.

Absolutely right - there will be a LOT of people/money that won't commit itself until the deal is concluded and this is de-risked in that sense. So expect another move up when the RNS lands.

I think we go 7p on or around confirmation and then the Pepas drill takes us into double figures. A lot of money will only commit itself on confirmation and pay the premium for taking that risk out. I'm sure some of us already in will also add more when we get the RNS.

What confirmation does is that it opens up the possibility in people's minds and expectations of this going on a run towards 20p, and then 40p, during the course of the next 12 months, because that is what it has done in the past, and when it moves, it moves quick, and basically just fuels itself. All imo and GLA

OMI is expecting to take back control over its flagship Anza project, hence why it's gone up in recent weeks. RNS confirming the deal expected to land towards end of April, with drilling to commence in May. Anza has produced some world class intercepts in the past. It has a relatively small free float, and tends to make big moves.

It's cheap as chips right now and a strong good candidate to (multi) bag from these lower levels upon confirmation of the deal (April/May) and the drilling programme (May/June). Not many better junior goldies on AIM in terms of potential imho if this deal goes through.

Could be a factor as to why they are separating Power and Gas? I'm sure AP is also keen to see a return on his investment.

The geopolitics could yet throw a big spanner in the works, but otherwise it's shaping up to be a decent year so far!

Yes, it would be good to hear from BT as to the reasons and confidence behind the increase in the target. And remember this is only Nara. What about Hillside? When you consider the current mcap against the potential here just from the gold, you can see the multibagger potential from these levels. Now imagine if they have any early drilling success at KCB!

I've been noting that PJ is also a big fan and wonder if he has bought in:

https://twitter.com/pauljohnson9691/status/1778675086104441020