Member Info for MisterPositive

Happy New Year to everyone here. Here is to a more prosperous and successful year for all holders. In my view DCP will come out of suspension much stronger with all the latest developments going on in the background. GLA

http://www.arabianbusiness.com/dubai-s-citigate-closes-10m-deal-for-african-mining-portfolio-656474.html Just wanted to do a comparison with respect to potential resource valuations, recently Citigate did a USD$10m JV deal with Stellar Diamonds (also currently in suspension). Their Guinea project is a brown field with estimated 3.3m carats resource and in-situ value of around USD 518m. Stellar price at suspension was 7.22 pence. Diamondcorp has a producing mine with almost x 3 times potential 9.9m carats resource with in-situ value of USD$1.5 Billion. This just gives us an idea of where DCP share price should be heading in coming weeks/months as soon as operations restart, we should see positive effect on DCP price. All IMHO. GLA.

Have been watching the DCP story unfold over past 3 months. Quite happy with the latest RNS (19-Dec) in respect of 'Finance facilities' update. Hold about 1m of these golden nuggets, but not posted here before. 2017 is shaping up to be truly transformational year for DCP. In my personal opinion DCP is so undervalued and sitting at 2.05 pence is no way close to the true reflection of the potential USD$1.5 Billion resource that we have. Unfortunately we are at these level partly due to miscalculation of future funding requirements by senior management. As a shareholder I'm very pleased to see management trying to fix past errors via current 'Refinancing' process. I very strongly believe that in the very near future price will re-rate significantly higher if all goes to plan. Very happy with the £290k repayment of the £700k Rasmala loan. Was not happy at the time with the implied 30% discount if loan was to be converted to shares. Even though DCP had the option of full repayment, but market unfortunately takes the worst case and immediately discounted share price from 3p all the way down to 2p. The way things have been progressing under the 'Business Rescue Plan' that 30% discount most likely will not apply. Hence I would expect a 30% uplift back to 3p for starters when DCP comes out of suspension. IMHO. Best wishes to ALL and good luck for 2017.

http://www.bbc.co.uk/news/world-middle-east-38390418

Yes, all parties beginning to realise that 'peace' in that region is in their and European interest. Let's see if 2017 brings that political breakthrough that we all seek. GLA

http://www.aljazeera.com/news/2016/12/aleppo-evacuation-complete-days-161220110301897.html

Another top up for me. Too much of a bargain, won't stay at these levels for too long.

Added more at this bargain price, was rude not to.

Looks over sold IMO. Bargain price. Thought 9p was great entry price. Managed to average down further.

Does anyone think we should be moving towards 12p-15p next week given all the positive news coming out of Aleppo so far ?

wazza, thanks mate. I know about ISDX, just did not think about it at the time. I found all my top ups now. Funny though all of my Buy top ups on Friday were shown as a sell by the system as they got executed below mid price due to that wide spread we had all day. Wonder if MMs have been collecting shares for some big buy order in the background, who knows. Either way very happy to accumulate around 10p mark and will continue to do so while we are held here. In my opinion price will not stay this low for too long though.

My top up at 10.10p not showing yet ?

http://www.cnbc.com/2016/12/16/goldman-sachs-hikes-oil-price-outlook-expects-high-compliance-for-oil-output-cuts.html

Dirty MM tricks with that wide spread. My Buys from this morning landed as sells. Looks like MMs collecting shares for the afternoon run.

Good news indeed. Been watching this share for few months now and missed the boat around 5p-6p mark. Finally took a position today into the close around 10p mark. Was stunned when looked at the 5 year graph and how far it has come down given the political situation in Syria since 2010. Hoping that i have joined this share just in time before the much over due re-rate begins. Also noticed they have operations not only in Syria, but Tunisia, Morocco and Columbia too. Here is to a more prosperous 2017 for all LTH.