Member Info for Moneymaker2015

Before you all go re-investing any profits you “may” make here (because there’s no guarantees, just assumptions we’ll make money), paying off any capital debts I.e. mortgages, loans, car finance etc should always be top priority before gambling it on another company. Just a suggestion because investing is purely just another form of gambling and until you actually withdraw and it’s in your account, it’s effectively worthless.

However, if anyone’s looking for a very solid share at the minute, try AAU. They’ve been making a profit year on year, have produced higher than their target each year and will have all debts paid off in April this year. Plus, they’re looking at entering into a JV by the end of next month, which would give them an extra £30m in the bank that they have already suggested would be use as a special divi to shareholders. It’s one of the lesser risky shares on the AIM and is still very low at 3p.

CHRISTIAN SCHAFFALITZKY
Executive Chairman and Managing Director
...Also chairman at Kibo Mining Plc.

He’s running the show here and he’s running the show at KIBO. They’ve getting their first project up and running next month and they’re still only at 0.60p, absolute steal! They’re gonna jump back up to 2p again in the next couple of months too, nice little margin for 2-3 months investment.

$750M*

$5b haha keep dreaming!

Where are you guys getting these figures from? Be realistic, we’ll do very well if we get $2b and there’s no way in hell that we’ll get $3b because it’s not even worth that much!

NAP sold only a few months ago (October) for $750b. This was far more progressed than Monchetundra and had 5m oz of PGM. You can’t triple this for our potential 15m oz because anyone buying us has to design & build a mine first and lay out masses of capital.

There’s a reason why we had a recent valuation with an NPV up to 54- 60p, because at we’re worth between 1.8-2.1b.

You guys saying more than $5b is effectively saying we’re going to get 150p for this. As much as I’d love to make £1.5m off EUA, it is never going to happen!

Looks like we’ve set a new firm base at 0.5 / 0.55p now, so even if we do get anymore profit takers I can’t see us going any lower than 0.5p now. I’m quite happy too, I too sliced 500k around .75p the other day and jumped back in with the same amount yesterday at .55p. Cheeky little grand in the bag there.

Positive news is that Bordersley should hopefully have kicked off in 6 weeks time. I know it’s only small but it’s our maiden production, hopefully onwards and upwards from there.

The company is really going to be bothered about some nobody with a minimal share holding sending an email in... All you’re doing is ****ing someone off in their call centre, who can only say “There will be an update in due course, I can’t say anymore”. Be patient, we could be waiting months yet.

Irony is KIBO actually own nearly 55% of KAT, so £3m of that current £6m market cap. That’s not far off half our own market cap, crazy!

It’s showing how well we’re doing. I’ve got quite a wide portfolio but AAU is the black sheep of the lot. The sp is very low, but for a junior miner they’re performing excellently. Even if this JV doesn’t go through we can just carry on as we are with no issues. Yes, it may mean another year or two until Salinbas gets going, but if we can carry on production and exploration at the current rate, I’d happily wait another couple of years in Salinbas is online.

“She’s yelling Timberrrrrr”

Who made mr fox bite..? Sounds like he’s in far too deep with KIBO and can’t wait the 4 years it’s going to take until we start making profit...

Yes to be fair it’s made me quite happy because I top sliced at .75p, so now I have the chance to top up again when we get down to 0.45p again and then just pocket the extra. Thanks LC, couldn’t have done it without you!

With the road likely to be complete by the end of next week, preparation for spud the week after, this is likely to be the very last chance to ever buy these shares at this level. This drill will either make or break the company. Yes it’s risky, but if you’ve got w couple of quid to spare it’s definitely worth the gamble. If the drill works out we’re looking at a 10 bagger on today’s price.

I’d said we’d head back to around .5p but with values of £52k sold and only £12k bought, we’re going lower than 0.5p again by the looks of it!

I did say to everyone this morning not to get too carried away when they were saying we’re being sold.

All seems a bit over-hyped because some fraudster was making things up on Twitter. The board have already confirmed once that they haven’t assigned CITIC. This could make things worse because now they’re being pressurised to get them assigned, potentially on un-favourable terms.

Just to throw this one out there...

Has anyone thought of the option to enter into a JV? A nice £250-500m payment to us and get the mine running and then 50/50 the rest of the way. This would be the ‘dream’ scenario as it would mean a nice little payout now and be worth a fortune in a few years time too.

Wow, I’ve sparked a heavy debate on tax!

Bedding is unfortunately not an option for me here, which is why my preference is to pay 20% CGT. A divi comes in at 38% and each time you do a self assessment, they always f*ck your tax up the following year by presuming your going to receive that sum every year.

It sounds like there’s some confusion over this JV being entered into. Blyvoor own the asset and KAT are paying money to enter into a JV to further fund the exploration. They then have to retrieve funding to get the project into production in a few years time. It’s not a case of KAT have an asset that they’re entering into a JV to get it into production which is what it sounds like some people are saying.

‘If’ we do recieve an offer I bloody hope I get chance to sell up before we seal the deal. I need to sell these as a gain rather than receive as a divi otherwise the tax man is literally going to rape me... and he won’t even spit on it first!

Yeh, out of my holdings if I’m concentrating on gold AAU is a much preferred option, they’re going to fly if/when they enter into a JV later this month and then again when their financials are out in June. KIBO however, like JDawg has said, the gold exploration is a small part of their NAV and they definitely need to be concentrating on pushing on their projects with MAST short term and then get the others off the ground!

It’s a nice little extra to have but with our circa 25%, it equates to about 325k oz approx. Considering it’s going to be a few years yet until it goes into production it’s not immense news. Some of our other projects are worth considerably more once they’re up and running.