The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Last reserve upgrade in Feb 17 delivered a 44% increase in 2P and 390% increase in 3P. Since then TLOU have had the mining license awarded, delivered the 250 km seismic across the Lesedi and Mamba, drilled two new core-holes in Lesedi which TG stated on Vox "intersected gassy coals" , drilled the first core-hole in Mamba and delivered their first gas-to-power generation as proof of concept. No one knows what SRK will conclude, but I'm hoping for a sizable upgrade across both reserves and resources.
Bythesea - I disagree, following the current trend in society towards a victim mentality and never being responsible for your actions - I personally blame Tidd for everything that has happened this week. Additionally, I'm sure Tidd fired the shot from the grassy knoll, topped Lord Lucan's nanny, was in the underpass in Paris as Dianna drove through and has Shergar in his freezer at home. I'll post my bank details on here soon so Tidd can transfer some cash to compensate me for this weeks SP performance.
Fantastic to finally see a positive RNS on Kili - getting back to profitability this year, combined with increased confidence in the management team's ability to deliver (sorely tested the last few years) will lead to a gradual re-rate of this stock.
Good set of results, nice to see cash reserves back over £2 million, revenue increasing twice the rate of costs, South Africa and Ghana really delivering, turnaround strategy at Kili in place to deliver in 2017, dispute with HMRC sorted. Just need to sort out the RR dispute. For first time in a while things really beginning to fall into place here. Current market valuation is undemanding, hopefully we'll see a rerate above 10p within next 12 months.
Just voted yes for name change, no for delisting with HL. Unfortunately hold 4.9 million shares. Deadline is 12 today with HL to vote.
Words fail me on the stock. Like KrispyDuck I did a lot of research before plowing in - cash generative, profitable, great economic moat, market leader in two countries and an AIM dividend paying stock. Kept averaging down and have now given up - the BOD need to start buying up the free float to stop this decline.