Member Info for Moneymaker2015

Once confirmation is made that production is back at full capacity, this will start going up again. It’s likely this will come good but unfortunately it’s a bit of a waiting game. Positive news on Mokopane will definitely give this a push upwards. I’m not expecting fantastic results when the financials are released but provided it’s all positive, that will likely give us a lift too.

If you don’t mind holding for a couple of years this is definitely worthwhile place to be. It’s been on a steady rise since I got in here. The share price doesn’t move as fast as most, but it’s a constant steady climb. With more good news expected to follow this year too it’s a fairly low risk investment.

Company is valued at 8p without the flanks but hey, it’s still higher than the suspended price. Haven’t seen this for a while but it nice to reaffirm that MT (with flanks) is valued at 56p alone.

If MT was sold on its own, I wonder how things would be handled. The pre-suspension sp was 7.2p. However, the value of WK and Semonovsky is only 1.5p combined. Either way, I’ll be very surprised if any offers are less than 40p.

As much as I’d like this rise to be sustained, I’ve got 3 shares that have been pumped and dumped within the last week. Considering there’s been no news, can’t help but think this is the same and everyone’s going to be hitting the sell button this weekend.

It has got me completely baffled as the sp is taking an age to rise. Other stocks like GGP and Kat somehow fly on pure speculation. AAU is actually delivering the goods but no one seems to take notice.

The £42k buy was actually a sell? Did it not belong to our friend Yako when he bought another 1.3% of the company?

I stand corrected from yesterday, I wasn’t expecting much news until the new partner deal is finalised. Well played by the BoD to prevent any dip in the sp after yesterday’s extension news.

Paying off the full $33M debt within just over 2.5 years is some good going. Considering gold prices have rocketed within the last year too, the JV is going to have circa an additional $15M profit every year.

Mogwhy, you sound like you don’t understand what’s going on. People have been saying production can go up to 100%. You have argued with this, yet post something that states Open-cast mining can be scaled up to full employment...

The 50% is irrelevant as it is only there to avoid companies with hundreds of employees bringing everyone back at the same time and having half of them sat around congregating together for a couple of weeks whilst operations are gradually coming back online.

Hopefully they’ll provide an update as to what’s going on too just to give the sp a little nudge too.

Only just seen this now. Was a nice little surprise too. I’ve been holding here for two years now and managed to average down to around 0.70p, so it’s nice to finally have a little margin of profit for a change!

As Lifesagame said, I was talking about not seeing it going much further down. It’s been an odd ride here so far, when we hit 5p I thought it would start to pull back to about 3p. My nerves got the better of me last week when we hit 8p as there hadn’t been enough news to sustain the constant rises. Today’s update definitely eases the nerves though as any drop from here likely won’t be for too long.

Since the suspension, this board has been filled with a bunch of r*tards trying to deramp. This I don’t even understand, the share is suspended so your deramping is completely meaningless.

I for one cannot wait until regular trading resumes or notice of an offer is announced so I don’t have read some of the mindless nonsense some people have been putting on here.

GL to the LTH’s and genuine believers of the company

Well I’m back in after selling last week at 8.6p. Was in since 1.5p and thought the sudden rise was too good to be true so bailed out last Friday. Seeing the update today, I can’t see this going much further, if at all, so couldn’t resist jumping back in.

Being realistic, the only thing going through the new Nomads head will be how high of a fee they will be able to get away with. They know EUA are already in discussions with potential buyers, so rather than having a 12 months worth of work they could be looking as little as two. The due diligence will primarily consist of just checking everything is currently above board to ensure they’re not putting their c*ck on the block for someone else’s mistake. Provided there hasn’t been a monumental f*ck up which is what caused WH Ireland to hand in their resignation, the only thing left would just be coming to an agreement on fees.

To be fair CS released an RNS this evening saying a new Nomad has completed all its due diligence, just to put shareholders minds at rest. Most chairman wouldn’t have bothered whilst in suspension.

I actually like CS, very knowledgeable and was the only reason why I came in both here and Kat. The guy definitely knows his stuff about mining and always tries to do the best for a company and it’s shareholders. He’s the only reason why I think one day Kibo will actually come good.

Seeing as SA are now allowing mining to recommence at 50% capacity, I wonder if we’ll get an update on how things are going operationally. It would certainly give the sp a little nudge upwards.

It says they’re ‘ in the process of finalising the development schedule’. I imagine once done an update will be provided. On EUA, they released an RNS this evening about 18:30 saying they’re in advanced discussions with a new Nomad that has already done its due diligence. I imagine they’ll update again next week and date I say even lift the suspension...

rns.com

It’s also on EUA’s website under news announcements

You’re going to hate me saying this Amers but you’ve learnt a valuable lesson. Always do your own research and never buy shares because someone tells you too. You can’t blame someone else if you’ve made a mistake. It’s better to miss the boat and catch another one, rather than taking a risk and finding yourself on a sinking ship.

The thing that’s got me is the consultant hasn’t even submitted their report to the proposed partner yet, so there definitely hasn’t been any haste on their side moving things along.

It’s just a bit of a shame as I thought we’d seen the last of anything sub 3p but I’ve got a feeling that next week we’ll have dropped below once again, especially with the usual Friday drop tomorrow.