Member Info for Moneymaker2015

Don’t get me wrong, I’m not saying it’s not good news. I’ve been holding here for 4 years, so want good news more than most. I’m just saying, there’s always the possibility that the forthcoming news could potentially be an update on the company having to comment on the recent sp rise.

Yes, if I was to put money on it, my guess would the news is either that we’ve officially engaged CITIC or even better that the flanks licence has come in and an offer had been put forward on the provision we receive the flanks licence.

I said the other day it will head back towards the 0.50p region. There’s been no transformational news come in that would warrant such a rise. This was always going to be pump & dump!

I know this is potentially good news but we haven’t received the licence yet for MT’s flanks!

Unless we’ve now got the flanks and news hasn’t yet been released, I can’t see anyone offering higher than the 50p+ people are spouting out. Don’t get too excited just yet incase the news isn’t quite what we’re all hoping for.

I’m with bcl on this one. Progress is unbelievably slow with KIBO. All this hype on KAT has baffled me too. They’re entering into a JV to explore 1.3m oz AU. KAT will have 50%, which in turn KIBO will have 50% if that, so approx. 325k oz. Its a nice project in a few years yes, but for now gold wise I’d much rather rely on AAU. KIBO need to concentrate on one area and get something off the ground!

It’s a shame actually because the projects we have really do have potential, but we’re realistically looking at a very minimum of 18 months until we’re likely to make any profit, potentially longer.

It does make you think you investment could be making substantially more in that time, then reinvest back here again in 12 months.

Nice little way to start a Monday morning!

Just seen this post mentioned on ADVFN!

You could be on to something with Cengiz or atleast someone of similar size. It would need to be to be able to lump up such large sums from the outset.

I know a few people aren’t too happy about the idea of a JV but it’s not like we’re getting screwed over with the sums being offered. It will help get Salinbas off the ground finally. Plus, it will give LTH’s a nice little dividend for the long wait we’ve had. This has been the anomaly in my portfolio. They’ve been doing everything right, gone from exploration into production, produced more than expected, made a profit and have pretty much paid off all their financing... yet the sp hasn’t moved anywhere near what you would usually expect.

I can’t imagine all this hype has come from KAT’s JV with Blyvoor. We only own 50% of KAT, who in turn are buying in to 50% of the JV. A feasibility study is yet to be done also, so it will be a while off until any revenue is bought in.

People should be more interested in the work going on with MAST. We’ve got our first project going into commercialisation in 8 weeks. Yes, it’s only small, but in about another 18 months they’ll have a number of other small projects online too, so will finally get some cash coming in.

Well if the news is true, it’s a definite that we’re selling! This 6p share is going up to 50p+ at some point this year.

Got a feeling we’re going to head back to 0.50p this week. This recent jump isn’t on the back of any news, so i can’t see us holding it for another week.

Don’t get me wrong, I’m not saying it’s a good thing having the warrants overhanging, but there’s two things to keep in mind;

1. It’s very unlikely the warrants will be exercised when the sp actually hits 0.80p. It’s rare for warrant holders to voluntarily exercise when the sp is at the same level because there’s a huge risk they’ll lose money. People were saying the exact same with EUA 12 months ago because there we had a handful of warrants at 0.60p. They didn’t start getting exercised until the sp hit 4p!

2. Look who the majority of warrants are with. These people have long term interests in the company, so even if the warrants were exercised at 0.80p, it’s fair to say they’re not going to sell out as soon as the sp hits 1p!

Warrants are just another way of raising cash to assist with operations prior to a company making profit. Every company on the AIM has had some form of dilution, it’s not a negative thing and is usually necessary for a company to succeed.

I don’t understand why people are bothered about the warrants. Once exercised its good for cash flow... plus them being exercised at 0.80p means we have a bit more of firm base at that level.

Quite simple to answer... Without knocking SLP, they’ve had their spike and now haven’t gone anywhere for the last 6 months. This will only increase gradually over the next few years.

EUA on the hand are going to have an immense margin within the next 12-24 months.

Just comes down to whether or not you want a big margin on your investment or a small one...

Exactly as I said the other day. It was always going to retrace back to 0.65p / 0.70p. I didn’t actually think we’d drop back into the 70’s so quick though. As nice as having some news was, they’ve just reiterated that they’re in the exactly the same position now as they were when they started the strategic review because even in July last year they said they were already in discussion regarding obtaining finance or gaining a partner. Ironically, I’m even more concerned now because it’s starting to sound like either no one is interested or we can’t agree favourable terms.

I’d never argue with someone taking profits, but it’s likely the people selling are just presuming we’re going to drop again. However, with the recent surge in buying and the fact that after many years we’ve finally got a project going into commercialisation next month, selling now just feels like throwing away free money!

I’ve been saying for the last month, get in quick whilst it’s still low. Has gone up over 100% in the last month but is still at 0.70p, so an absolute steel. Christian Schaffalitzky has done it with EUA for me and no he’s doing it again with KIBO. If you miss the boat there, don’t say I didn’t warn you... they’re up another 13% today already!

Anyone that knows this share wouldn’t be worried about a little pump and dump. It’s happened before at 4p, we dropped right back down to 2.5p, then within a month we’d built a solid base this time back up to 4p again.

If the same has happened again, yes we may drop to 5p then we’ll built a solid bad back up here.

Remember, we have a valuation of 60p if we get the flanks and 12.75p without the flanks, so still an a bargain!

This is huge! I was in Sirius when this first happened there and the next day it took off!

I know a few people keep talking about a pull-back, but with this and our strong finish we could be approaching 10p at some point tomorrow.

Hopefully we’ll get the licence drop next week too and we’ll sky rocket to 20p

I know it’s a bit of cheeky ramping but I was lucky enough to get in EUA at 0.45p and got in KIBO at 0.37p. The amount it’s progressed over the last 2 years is phenomenal. I’m confident that within 18 months it will be pushing the 10p mark.

Added another couple of grand myself today. I was lucky enough to get in EUA at 0.45p with a decent size holding, so took a cheeky £10k today to divi around a few other places. I have the same gut feeling with KIBO as I did with EUA. The prospects are huge and we’ve progressed so much in the last 2 years too. Onwards and upwards to 10p :D