Member Info for Moneymaker2015

Bloody red dots! Got my hopes up then lol

Yeh I’m dreading Monday if there’s been no RNS, I’ll just be seeing green boxes all day!

I just don’t like the thoughts of new investors charging at this like a deer in headlights because people are ramping it saying 30p close today or minimum sale price of 60p etc. Making judgements from hearing people ramping a share is the easiest way to lose your money.

Don’t ask that on here, trust me. Probably 99% of the people here would say ‘yes the current price is a bargain’.

The fact of the matter is that no one on this board can guarantee that a sale will come about, yet alone guarantee it would be higher than the current share price. Only assumptions can be made. Yes, there is a likelihood that a sale will occur and that it would be worth a gamble at the current price.

On the flip side, this is a delayed rise is off the back of the news 2 days ago, as we’re going in to the weekend. What do you think will happen to the share price on Monday morning if no news is released today or first thing Monday. We’ve seen it all before after the flanks news and the sp shot up to 28p, then slowly made its way back down towards 17p, until a few days ago.

Do your own research and don’t go off recommendations or predications from others about what price to buy-in at.

There’s so many opportunities out there. EUA and GGP are just examples of how quickly thinks can take off.

JAN has good potential and I have a small holding but I think there will be some dilution before they’re anywhere near production.

VAST is a good opportunity as they’ve just started production but had to do an immediate raise so their sp is rock bottom still. I’d be surprised if their sp hasn’t doubled by xmas.

BMV are in a very good position and planning on production next year. Their hurdle is they currently own 50% of two projects and are currently in the process of trying to buy out their JV partner before mining can commence.

IRON are trying to finalise funding. News is due in Nov. They just require a positive outcome and then that should fly.

KAT has just plummeted because people thought funding was going to be finalised 2 days ago, but has been knocked back to Nov. Great buy-in price now ready for funding.

KRES, just started production on one project this month and awaiting news starting up another mine. Very good long term potential whilst sp is low.

SRES, recently received final permitting. Will likely commence production at some point next year and sp is still rock bottom. Good potential if all goes to plan.

There’s plenty of others too, it’s just a bit of researching.

A lot of the low mcap stocks are worth a punt just incase. I had one in EUA at 0.45p and am currently sat on a very nice margin.

Stillwater did have circa 4x the amount of Pd than MT does, and required little Capex. It’s still a good benchmark though because MT’s anticipated operating costs are lower and the increase from $600 is predominantly profit. I see no reason why we couldn’t get a similar sale value all things considered.

They did reiterate only a few weeks ago though, that due to increased interest, they were ramping-up the planned yr 1 production from 5k tons to 7.5k tons, so something must be going better than was planned.

Everest, looking at the size of some of the sells it’s understandable. A lot of them are ranging between 10-50k. That’s big money to then go into your bank account.

I wonder what’s bought this little rise on today. Hopefully we’ll stay at this level because my trading account looks very healthy compared to the start of the week!

It’s been near a month since the initial dispatch now. Hopefully we’ll receive an update soon confirming there’s been no issues and they’re cracking on with further production as planned.

It still baffles me that we’ve got a project into production yet the share price is still so low. Considering the yr 5 costs onwards are $92/ton and projected revenue at >$290/ton. 50% of the 48ktpa gives us $4.75m/annum after costs. That’s huge compared to our £7m mcap. Once Togo is finalised too, this should be absolutely flying. Very undervalued currently IMO.

To be fair there’s not going to be many companies with exceptional results this year. What I particularly like about OPG is the scrip dividend. Rather than blowing cash reserves they’re doing the right thing until the debt is paid off. Even if the financials aren’t the best, the chances of us going back to the market with a placing is very slim.

On another note, I can’t believe how much of a steal the shares are at this price. Our mcap is ridiculously low considering our past revenues and profits. Hopefully I’m going to get some good news soon from EUA’s sale so I can have a good top-up here.

I wouldn’t be too concerned with the near term targets. The spike to 28p was off the back of some of the biggest news the company has ever had; the issuing of the flanks licence, but the share price went back down and settled between 17-18p. The same will likely happen again.

Whilst I find Zak Mirs discussions interesting, they’re based upon trends and patterns of averages over time. Granted if EUA planned to go into the production these would eventually become more useful. However, during the current situation it’s news followed by periods of little news that are driving the share price here, not short term trends.

Whilst a few people will be trading this to make a quick few quid. It’s the sale news that the majority here are holding out for. The current share price holds little relevance as on the balance of probability, an offer will likely be of a higher value than the current share price.

I was talking about this a couple of weeks ago.

When the first MT licence dropped people were talking this could go as high as 10p long term. It still baffles me that it shot to about 1.2p and then plummeted back to 0.45p, despite at that point us all knowing 2m ounces was worth a fortune.

12 months ago on news of the flanks and a potential sale figures of 20p were coming out. Now we’re at 20p, figures significantly higher don’t look too out of reach.

Personally I’m surprised it took so long to get to 20p. I remember DS in an interview last year very briefly discussing Kevista, where he mentioned the BoD believed their assets were worth more than that at Kevista. Their sale figure equates to circa 20p here, so we’ve known for quite some time that the BoD would have likely dismissed anything less than 20p, yet the share price didn’t get to this level until the day after the suspension was lifted.

Either way the next couple of months are going to be interesting to see just where this gets to. I’m not setting my hopes on it but 100p would be very nice indeed.

Just read a couple of these messages. Whilst yes, some RNS’s do clearly state who is providing funding and the size of each tranche, many others still don’t where the 3rd party wishes to remain anonymous or their details are not relevant to shareholders.

Regarding investors need to ‘assess whether they actually have the money or not’, the only price sensitive information is the size of the funding (which we know) and that we have signed a legally binding agreement with a party. Details on who is providing the funds are irrelevant and therefore don’t need to be put in the RNS.

It’s not just DLA Piper that are the big hitters here either. UBS are ranked 3rd in Europe and 6th globally for advisory roles in M&A deals, many of which are multi-billion dollar acquisitions.

I can’t help but think we’re near the end game if we already have DLA Piper on board. Obviously they would be brought in before any potential deal is announced to shareholders but with having advisers on board already (UBS), I cant see why DLA Piper would be needed until offers start coming in.

One more thing we can’t forget either, is that both UBS and CITIC’s engagement letters are based on success fees, so 2 of the big players are only getting paid upon a successful conclusion to the FSP.

Hopefully everything will be concluded in/by December so we can all have a very merry Xmas.

To be fair to Kitkat, there’s a lot of ramping today. Granted there’s good potential here but comments like ‘worst case 10 bags here’ and ‘TOOP is going to be a winner‘ just seem like desperation to try and get people to buy-in.

Sean, I wouldn’t necessarily compare this to AAU. I’m in both but do have to say AAU is much bigger than KAT and has been in production for a few years now but still has a lot more in the pipeline. Don’t get me wrong, KAT has very good potential, but AAU are aiming for a future production of 100k oz Au/annum and that’s just their gold projects.

Not necessarily, there’s a chance that they may receive offers even higher than the current mcap but that the BoD don’t believe are sufficient. The wording of an announcement in this case would increase the share price.

Literally the only thing we do know is that the BoD themselves believe MT is worth more than Kevista, which went for $700m, as DS had mentioned it very briefly last year / year before. Other than that there’s so many potential outcomes, all we can do is wait and see.

“the Company aims to pay a special dividend to shareholders amounting to approximately 50% of net proceeds after costs and tax”

Before costs and tax, that’s 1/4 of our current mcap. How are we still valued so little, considering the assets we have...

The thing people have to keep in mind especially is that even if the numbers don’t look huge, in comparison to our mcap they’re big percentages. Shares are an absolute steal at the current price if you’re willing to hold for a while. Obviously DYOR