Member Info for Legalwolf

It's now 0.73p to buy even small amounts! What happens if the forthcoming RNS bring with them buying interest and volume. This could go up very quickly indeed. NOW is the time to get in for the ride. But each to their own and dyor.

The interim financials made clear that they have more than enough cash for the next 12 months at least. They've just raised £6 million and the Kasangra's have indicated further financing on success. So it's not a concern at all. The expenditure in Zim is broken down into easily manageable chunks.

Anyway, I'm in for what promises to be an exciting 6-9 months of exploration for gold and copper. Which other AIM junior is offering anything like this kind of expenditure and exposure?

If you don't see it or like it, then go somewhere else. It's your money. I don't need to ramp it, the proposition is there for anyone and everyone to see. I expect BT to ramp up the excitement though, as he undoubtedly will, as soon as he has the £6 million secured. Running out of time to de-ramp or sit on the fence. The share price is not waiting and the train is about to leave the platform, and we haven't even had the first of the RNS yet. What happens when they land and the volume starts coming in, as it undoubtedly will because there is high interest in gold stocks at this very moment in time.

All imo and dyor

KR - I've not been trading Bres. Just added an initial position and will let it ride. Bres has both Chinese and US interest in its resource. Both of those countries are going to shut shop on each other over graphite. Bres nestled right in the middle of two giants. Therefore it's a long term hold for me (a rare LTH on AIM), and I will add as and when.

As for KAV, they couldn't have timed it better I don't think. They have just imported their own drilling Rig into Zim and are about to go hunting for gold in areas that have already been subjected to at surface gold mining, but never drilled, and they have a number of projects. With rising POG, I definitely think the goldies will do well between now and rest of the year. They should RNS the financing update tomorrow and the price is ticking up, and that's before any volume coming in.

JP - some utter hogwash from you there. They have their own Rig, so drilling isn’t going to cost them much. There is no way they will burn through £5 million in 7-8 months. The dire market applies across the board and is not exclusive to KAV. Having said that, gold explorers are getting a bounce from a rising POG. As for geophysics, we are talking Zim here and not the KSZ.

You have been de-ramping this for a while now. Are you bitter from past losses or looking for cheaper entry? I doubt you will get the latter now. I’ve been trying.

Next 7-8 months here will be the most exciting fie sure as they are going for their lowest hanging fruit. Which other gold juniors have raised anywhere near £6 million of late? All imo and dyor

I can't see him screwing anything up. In fact, he's normally one of the best interviewers around. If you are thinking of taking a punt on KAV, now is the time. It's a good short term and longer term play imo as it will be cashed up. How many junior explorers are raising anywhere near £6 million in these market conditions, or at a premium, but of course dyor.

BT flying back from Zim to close the financing at the GM on Wednesday? 0.7p to buy even £500 now.

I say get in before the RNS start to land here, as no way this stays so low following £4.6 million of extra financing. That is a CRAZY amount of funding for a junior in the current market, and is to be added to the money they already had. Almost unrivalled financial position for a low mcap gold and copper junior explorer. All imo and dyor

Lol I meant £500 (£500k is the profit potential 😉)

It's 0.7p to buy now, even in small amounts of £500k. The GM to vote through the £5 million of the financing at 1p is on Wednesday. This is a gold play as well BTW.

"This is the second heads up in the last 10 years..." 🤣🤣🤣

Gold doing well. Results due here by end of Nov? Hoping for a decent run into those results.

5.5p looks like the key level to me. Close above that would be positive - not that I am (presently) trading of course (honest!).

You can't ignore the mismatch between the financing price and the current price. Neither can you ignore that they will move forward with circa £5-6 million, with their own Rig, and will be non stop drilling in Zim and then at Karakubis in Q1 - the latter being their current flagship. I'd also expect KAV to accelerate Ditau, to capitalise on the rising POG even further.

All this for 0.65p looks a good punt to me. It's already impossible to buy large amounts below 0.65p. It might needs some positive results to actually get back to 1p, but once the financing is confirmed, and buying volume comes in, I expect that climb to begin. All imo and dyor.

I can only imagine what it will be like if there is no tweet or RNS tomorrow, or indeed each day that goes by this week without one. Also, what is going on with Noble. Surely they will spud this week?

I've read at least 3 different explanations this morning already. I am surprised that if they are still drilling, and are not likely to be finished for a few more days yet, that they haven't done the customary tweet.

As for delaying or leaking news, and if so, whether this is to let insiders IN, or let them OUT, I think its useful to follow the direction of the LARGEST trades (but its not always easy to tell which are buys or sells at a time like this) AND is it also worth trying dummy quotes to see if MM want your stock and at what price? All imo and GLA

Kav's GM to close is £5 million financing is this week + its own Rig has arrived just arrived in Zimbabwe. Therefore, it should start pushing out some newsflow now. They are drilling for gold at a time when POG is strong and expected to continue its rise.

The financing is at 1p. That gap will surely start to narrow over the coming days and weeks. Last chance to get in sub 0.65p me thinks?

If NT to Sell + some of the largest trades this morning have been sells, that's not good!

GM this week to complete the financing. POG is set to continue its rise on most analysts' forecasts, just as KAV is about to begin its gold drilling as well, with its Rig finally in Zim according to BT's tweets. Should get a kickstart RNS soon as well. Let's hope this is the start of a recovery for KAV. GLA

Blubay - I really respect your posts and you are definitely one of the 'best' posters on here in terms of willingness to engage with others who have a different view, your overall balanced approach, and your own content. But when you say:

"... I also concur with others that HE1 have chosen to play a very straight bat on this project and I expect them to continue with that approach to the market."

My genuine reaction to this is a very animated "are you [enter expletive here] kidding me?"

But like I said to Turd, not much point now in argument and heated debate about most things now. Because the forthcoming RNSs will do the talking and provide the answers.

I wish you and all other sensible/decent posters/LTH the very best for next week and ahead. All imo and dyor

Wyn - a number of factors, and my approach is probably was as much based on my 'not all that fussed' attitude as opposed to the kind of trading logic and math that you have outlined. So in no particular order:

- I'm currently active mainly through ISA, and so not using stops or limits, and therefore not as nimble when it comes to entry and exit.

- Share price gave no reason to buy and take ANY risk in advance of results. This long standing assumption of mine has proved correct.

- If results are positive, I don't see downside risk, or at least what downside risk there is (selling into news?), I'm willing to take, especially with a second drill coming up as well, which allows for some room to manoeuvre outcomes. The main risk, as I see it, is the gap up risk on positive news and losing out in that sense. But that's no biggie.

- A general sense that I've already made my main kill here on the 5p to 10p rise. I don't think I will be putting in anywhere near that amount in again going forward - but again, results and price movement will dictate.

- Uncertainty about how He1 would approach its newsflow. Sorry, but I'm not going to forget what this company/nomad are capable of, and if others want to label it as conspiracy theory, more fool them imo.

- Not as massively fussed about He1, as much as I was previously when I went "all in" (I've calmed down in recent months). Bit more of a lazy indifference now.

- I think I became obsessed with my self imposed 'waiting until results' and it eventually developed into a personal test of self-discipline, which became an objective in itself 👏

So a bit of a mixed bag of reasons, some logical, others maybe less so. All genuine though. Hope that answers.

Wishing you the best of luck with your trade here Wyn, and really looking forward to your TA posts going forward, as we approach some likely big price movement and volatility here again you would think? All imo and dyor

Turdot - the time for ramping or de-ramping is over. The forthcoming RNS will do the talking from hereon.