Member Info for LTbeliever

ALB,
so now that you have joined the ranks of the soon-to-be-rich, maybe you can tell us about the "whispers" you heard on Jan 2nd and the "If it's true what I'm hearing,, there's a very big deal on route. This could x15 bag!." stuff.

Please, please...don't take too long because I am holding my breath :))

Not much :)

Well, at least now we know that - given the 0 volumes today - ALB has (for the nth time) failed to take the opportunity to invest despite his conviction that the SP would open at 1.40 :)))))))))))))))

BTW, the only wild scenario I can think of, based on the link below (by Fluffy, thanks) and ALBs speculation is that the EPC will conclude soon and the Minister will meet Brad and the Chinese in SAfrica for the great photo opp.
https://www.africabusinessplus.com/en/814656/pierre-oba-has-kore-potash-on-his-agenda-at-mining-summit-in-cape-town/
We will know this week I guess, GLA.

ALB,
hahaha...'ve always said you had a great sense of humour.
BTW, I have lots of faith in KP2, it's you who needs to prove it I guess...we will see today if you said - for once - a truth:
"RazzaB, too late here, I missed the boat. Going to be difficult to buy in any decent quantity without it passing 1.40p first."

Maybe ALB just read the same article from your link, FCr...but a meeting with the Minister it's not so significant, what the Mkt wants is news from China.

FCr, it's about 5%, 0.82-0.78; what's the JSE price now?

99,
I'm just trying to assess if ALB will - finally - put his money where his mouth is. :)
GLA

ALB,
If you are so sure about these "news" and if you know for sure it's gonna fly, you can buy a few million shares tomorrow.
Unless something is stopping you??

ALB,
Maybe you can get some credibility (from -99% to 0%) by stating the time frame of " If it's true what I'm hearing,, there's a very big deal on route. This could x15 bag!."

ALB,
what you "heard" is about Kola, or DX?
For DX you said a huge dilution is coming if it went ahead;
For Kola you said...just a lot of BS...

welcome back ALB, we all knew you couldn't stay away...and keep your word.
Is what you are "hearing" the same as the "whispers" you heard 1 month ago? What's your Target profit this time? 5%?
Last month you talked about 10x (i.e. 1000%) returns but you sold out - apparently - after 2 days and 10% "profit".
We know KP2's potential, no need to attack allthatguff for pointing out your perennial lies on this BB.

Good find! I guess this lessens the chances that he left because he messed things up at KP2.

Hope nothing sinister but that he just left for more money/ less travel?

On the other hand, if profitability is indeed achieved, that may imply a rerating to 3-4 p (Mkt cap pf 30-40 mln) so at least 200% return from this SP level.
Downside of another 10-20% is still possible thuogh, given lack of support/news.

McFish,
Tough to say; the new Mgt has kept too quiet, either because they have nothing good to say or they want to make an impact with their RNSs; so, we don't know their tactic for news releases yet.
If they announce some Revenues for January eg 1-1.5 million, one could extrapolate 10 mln for H1 and then maybe 20 mln for H2, which means both profitability and positive cash flows in H2 (the stated target);
But, without news, the market is in the dark and may explain the selling (as people expect the worst).

Well, the Mkt cap is now just over the cash raised so a bottom has to be reached (soon, hopefully); then the SP should probably bounce back a bit, even if no news are forthcoming;
Remember that new buyers (buying at 2p) are 30% down already so some of them may wish to average down.

seems the MM is driving the SP up against very little buy volumes. Usual games?
Can't explain it, unless a big BUY order is pending maybe?

Chinese New Year Holidays ended, hopefully February will be THE Month!

GLA

Despite Align's non-independency, it merely states the obvious; IRR of 27%, 3 year payback and only $315 mln capital cost, must make this project very attractive to prospective JV partners (recent Eritrean news have confirmed the potential, BTW). Conservative TP of 11.2p ;
"......We believe all the pieces are now almost in place to allow Kore to commence a dramatic growth trajectory.
In May 2021, we updated our analysis on Kore Potash with a conservative price target of 11.2p and a Conviction Buy stance when the stock was trading at 1.175p, and since then it has been as high as 1.8p. So with the shares now standing at 0.775p, we see a chance of a second bite of the cherry and are more than happy to reiterate our Conviction Buy stance."