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Normally, such tweets are great to see. However, right now, they are mildly disconcerting in that GCAT are seemingly choosing to communicate by twitter, rather than front up and do some media. I mean, if things are looking up, then why isn't RM back doing the media interviews and drumming up the sentiment? He wasn't camera shy before when he talked up the non dilutive financing. Personally, not getting hoodwinked or swayed by mere tweets, and will wait for official information/news.
On the subject of tweets, I've never seen a photo that has ever had more than a handful of workers in it, yet GCAT are supposed to employ circa 450 people at the Kili mine? All imo and DYOR

Gap seemingly filled folks. I would expect He1 to now start trading in this new range between 6.7p and 7.3p. It's not been a large trading range in the past, so it might not take all that long to tick up to the next trading range above 7.3p.
But let's see. This is still cheap. GLA

It goes back to one of my original points, if existing projects have become even more compelling, based on independent expert advice, then why are KAV not focussed on them, but are instead going for new acquisitions on the basis that they will represent lower hanging fruit?
There is an inherent contradiction here, but it can be explained IF KAV have genuine and serious interest from other companies to JV into existing projects. But whilst I sense they are close to acquiring new project(s), I am not sure that I get the same confidence when it comes to JV/project financing on existing projects.
The cynic in me is wondering whether they are playing for 'JV time' on the B1 conductors, by saying they need to do the work on B2 and B3, so that they can drill all three in the one campaign (which makes perfect sense of course). But they have had a year to do that work already, and don't seem to be in any rush. All imo

Yes, can't take a company seriously, but then can create an account and post about that very same company. Comedy gold start that, but please keep them coming.

Not able to buy in amounts less than £5k at the moment and being quoted 6.9p for larger amounts. Meanwhile can sell multiples of this. Looking very strong at the moment and 7p is in sights.
Looks like we are re-rating back to the pre-Rig announcement level of last year?

Good start to the week. The move up continues and buys well outdoing sells so far, with bid up to its highest level in months. Looking good to fill this gap, which hopefully will then become the new support (6.8p). 7.3p next stop and we should be at 8.5p by the time ISA money is done (if not before). Things are looking good. And all this before the Rig Confirmation Rocket lands, which will bring in a LOT of side lined cash as well.
Don't listen to the naysayers, just watch the price action. Its the only thing that matters and it isn't waiting for anyone. All imo and DYOR.

Just watched it and BT presented well as per usual. Much of it sounded very positive and promising. Now, I have no desire to add to existing negativity (I'm underwater here at 1.8p) and especially given that only a few days ago, I was calling for BT to do an interview. But, having listened to it, I have found myself (still) wondering exactly what the plan is here, and the order/direction of travel. For example:
- The first half was all about how confident KAV are in returning to the KCB and KSZ. But the second half was about how complex these projects are, the lack of patience of the market has to support their exploration, and therefore the need for KAV to find some lower hanging fruit. Inherent contradiction there or not?
- The first half suggested that existing funds would be used to "really go after" the B conductors and with renewed confidence at Karakubis (sp?). But by the end of it, BT was saying that the plan is to seek direct project finance into these projects, through selling a stake in existing and newly created holding companies. So will KAV only return to KCB/KSZ/Ditua if or once they have the direct project financing in place?
- It seems like KAV might be close to an 'earn in' type of deal on new projects, which will represent lower hanging fruit? Will they be prioritising the drilling of new projects over existing ones, and especially until they get project financing?
- Is the reason no timescales are being given, because the above mentioned corporate activities (direct project financing and earn in on new projects) need to be completed first, in order for KAV to decide?
- Overall: What will be the order of drilling this year. Do KAV even know? When are we (likely to be) returning to B1?

If any of you did manage to pick up more clarity than maybe I did in the above areas, do please feel free to share your understanding? All imo and DYOR

Just read it. Really good RNS. Straight and to the point and conveying genuine tone of excitement without it coming across as rampy and spin. Bring on the next few months.

As well as the rise, some decent volume returning to He1 as well of late. It will be interesting to see where we end up by 4:30pm.

Now are we ready for our first: 'you wouldn't want to be out of this, over the weekend!' ?

Maybe not just yet ;-)

The Rig is to be released "outside" ECR's drilling schedule. No company can really do non-stop drilling, or back to back drilling, because they have to identify and prepare the target areas/holes and the overall campaign, review the results from one drilling campaign before moving onto the next, etc. So ECR will inevitably have long periods, when the Rigs will be dormant. Leasing them out during such periods makes complete sense.
The other thing to remember, which I guess is a bit of a negative in this context, is that the primary responsibility for preparing and planning the drilling is with AJ, and he is part time. So that's likely to impact on the time it takes for ECR to move from one campaign to the next? All imo

Doc83 - What has happened to make people feel that way is that POW will have received some assay results already from Molopo but have stated that they will only announce results 'at the end and after a full review'. This has made SOME people lose confidence in the outcome, because it is seemingly being delayed, and they have detected less bullishness on PJ's part compared to pre-drilling. Meanwhile the share price has lost all of its pre-drilling momentum and heading back to yearly lows. This is not something you would expect POW/PJ to allow to happen, IF they were sitting on positive assay results from initial target holes and awaiting assay results only from the later ones. They would surely find a way of releasing any positive results with suitable caveats. They did just that during the drilling, mentioning Nickel from XRF in one of the target areas. This is the logic/inference of SOME. In fact, its probably the conclusion drawn by a LOT of people judging by the selling/share price fall.
However, its right to recognise that not everyone agrees with this pessimistic reading of the situation. There are others who believe that PJ has remained bullish about Molopo and people are reading too much into the above. That there is no delay as such, and POW can only release the outcome once all results have been received and properly reviewed, which is exactly what PJ/POW has said.
I'm leaning more towards the former camp, but willing to give PJ/POW the benefit of the doubt, and hoping its not a can kicking exercise, and that the outcome will still be positive even if it might be announced much later than we might have expected. But if it is negative, then I do think that (rightly or wrongly) PJ's credibility will take a hit in the process. All imo

Its a bit of a win win with this second Rig. If they put it into use at CresWick, then we have two Rigs taking core out of the ground, either in the same target area or across different target areas. That makes more quicker and more aggressive progress at CresWick. But equally, if they decided to lease the Rig, then it pays for the CresWick drilling. That then allows them to use the cash saved/earned for more drilling, either at CresWick or Queensland.
But what we don't want is for the second Rig to just sit idle - which I don't think will happen. It should be operational by April?

Looks like we are trading through a GAP that was created over the new year period. Top of the gap looks like it was circa 6.7p.

If it wasn't for the fact that ECR are drilling at CresWick, I would have a gloomier outlook. But the fact that we are at the start of the drilling campaign there, and it currently represents the flagship project, I would like to think that there will be sufficient buying interest in ECR until the first results drop. Other than the MM, you can't imagine there will be too many large sellers left at these levels, as they have had ample opportunity to sell. And for them to wait and sell in advance of CresWick results would be very odd indeed. It would be like paying for a meal and then leaving before it is served to you, because you think it will be tasteless.
So I expect the current level to be a bit of a floor, and then it depends on how much buying interest CresWick generates before results. If there are indeed no large sellers and the MM behave, then even modest buying into results will cause a decent tick up.
So that bring me onto CresWick results. I think ECR will play it clever with how they release these. With lots of drilling and a quicker turnaround time for assay results, they can wait for decent assay results to arrive and release those on receipt, or if its a damp squib, kick the bad news can down the road by releasing results at the end of the campaign, and waiting for good news from elsewhere to emerge in the interim. All imo

This thing isn’t waiting for Rig confirmation. We could be in the 8s by the time news lands! Rig news to then push us towards 11p. Then we have another circa 3 months before the actual drilling starts!
Really good time to position into this. It wasn’t long ago when sub 8p was considered really cheap. That will be the case again when Rig news lands.
7.2p next stop. All imo

Hi AP - the two things are not exclusive but intertwined investments. You see, with the money you make here, you’ll have the pick of the Maldivian Islands and will end up in the Presidential Suite/Water Villa. So buying the 100k tomorrow is saving for your holiday. Good luck

This is typical of the volatility you see on AIM. As recent experience at POW shows, when there’s positive sentiment and expectancy, you see the share price can double. Then unless that is maintained, people lose patience and sell out or cash in their trade and the share price gives back a lot of its gains. Maybe the MM also play a part in this.
Difficult market is AIM. You can go from blue to red very quickly and easily.

I’m feeling even more convinced now that it’s a UFO. The evidence for that is mounting from survey to survey. A Spacecraft made out of some kind of outer earth metal(s) would explain the 28700 reading.
I think KAV’s experts probably suspect the same, which might explain the reluctance to drill it?
And before anyone starts, conspiracy theories are allowed on bb!

I know we are all super critical when underwater. But KAV are seemingly not reading the mood and temperature in the room at all right now. You can't go from the CEO saying that they would return to the B conductors, upon completion of POW's drilling at Molopo, and fail to do that or explain why, to then issuing a RNS but still without any firm commitment as to when the drilling might happen.
The messaging then becomes rather mixed, in that on the one had you are trying to say how exciting and compelling this target has become, yet you don't appear to be in any great hurry to drill it, even though you have £3.5 million. There isn't even the usual Q3/Q4, or H1/H2 indication. So they can't keep throwing this geological promise at us and 'talking the talk', raising the volume at each stage (a loud 10000 to a shout at 12840, to now screaming 28700 at us) but then slow down the 'walking the walk' part.
Hopefully BT is listening to his shareholders, and will issue a timescale. All imo

Decent price action again today, with the bid at 6p and 6.2p being tested and some large buys. The share price is definitely showing signs of stirring into life. Very encouraging to see this already, given that we are pre Rig confirmation, only 2 days into March and with another month to go before ISA allowances. Hard to see us finishing this month in the 5s. In fact, there might not be much of an opportunity left now to buy large quantities in the upper 5s.

There's a part of me that is wondering whether we even want/need the Rig confirmation, until second half of April. Let the share price do its thing by itself before then, and deliver/launch the Rig Rocket from higher levels. All imo