The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
The significant drop must be related to (leaked) news of a placing, or just general fear of a low placing OR a very major short. Whilst not a good day for the market and AIM in particular, this does seem a rather severe drop.
Drax. I would expect that following the board meeting, KIBO would then engage with Sepco advising them of KIBOs position. Depending on what the position taken is, and how Sepco react I would expect in due course to get an update in an RNS. Probably before Christmas, or of not during January.
Well Sound - I do not change my name like many others - did you really on first join the LSE BBs in November this year - and you only post on one share - hmmm. My posts have been over many many years and a range of companies. 40 posts in the last 30 days - a difference of scale somewhat I think!
Fellrunner - making money by manipulating sentiment is not the most honest way of making money - INMO.
Not planning any further posts on this thread.
14 posts by 10am = clearly an agenda - INMHO.
Well I topped up again today. Silly price at the moment - INMHO
.. before we get further news on flows from both UKOG and ANGS. For me the balance of risk v reward is now definately on the upside here.
Santa - it seems to me that you are unable to take a long term view here. So clearly you are either out, waning a lower buy-in price or you are paid to deramp or have a short / CFD in place.
It is normally quite easy to distinguish genuine holders from both de-ramping and ramping traders - simply by the number of posts per day some who want to influence the SP end up posting.
re exercise of further THOR warrants - I guess resulting in 'averaging down' on their stake.
Time to liquidate RHA - as originally set out as the contingency course of action by GR.
Hmmm. Looking at garytraders past posts, I am far from convinced that he is on the side of LTHs - so this seems to be a diversionary tactic, possible to be used for the benefit of traders and shifters.
That once upon a time, derampers and shifters could have a good attempt at creating fear, particularly in the days were sub 0.4p. At that time there was little evidence of commercial oil. But time has moved on, and INMHO it is only a matter of time before SP does sensibly rerate as oil produced and money flows in. so for me this is now a when, not if. For some fhe when wil be behond their investing/trading horizon, hence the shorter term mischief. But I am confident SP will rise again, and buying low, and top-slicing high is a good strategy. Meanwhile yaaaaawwwn with many of the posts here.
perhaps one of the pre conditions re SEPCO?
Kibo Energy PLC ('Kibo' or the 'Company')
Completed Sale of Haneti Nickel Project
Further to its announcement on 22 June 2018, Kibo Energy plc (AIM: KIBO; AltX: KBO), the multi-asset Africa-focused energy company, announces that Kibo Mining (Cyprus) Ltd, its wholly owned subsidiary, has completed the sale of Kibo Nickel Limited ('Kibo Nickel') to Katoro Gold Ltd ('Katoro') in an all share transaction (the 'Sale'), following receipt of relevant regulatory approvals. The Sale is consistent with Kibo's strategy to focus on the development of its three energy projects as it becomes a major regional power player in Africa.
No plan yet by Angus - looks like they want to see the results from HH before finalising their plan. This may make sense, but does mean the SP here will be stuck in current band for some time INMHO. Hopefully, as promised some action before Christmas this year! Meanwhile more inane postings on the BB yaawwwwnnn
Well today's RNS seems intended to steady the ship.
Cadence Minerals Plc subscribed for a total of 250,000 Placing Shares. Following participation in the Placing, Cadence Minerals Plc is now interested in a total of 28,096,470 CDIs representing 19.16% of the enlarged issued share capital of the Company.
well SP previously fell by more than 10%, so I see this rise as just a rebalancing in sentiment.
Perhaps someone needs to tell them that the stock market not open at the weekend!
Onshore production is cheaper than offshore, so will be profitable at even lower price levels. It is offshore that will suffer first !
Scandic The only ones in 'big trouble' are short term holders and traders. The company is making good steady progress. One by one, the many nay-sayers arguments are getting demolished. The realistic LTHs know that it takes time to move from exploration to production. UKOG is making money now too!
SS in my view is not getting distracted by the hysterics of various PIs who want instant results. He is brining a big company background and experience to build value long term. Has he made some mistakes - probably - we most humans do (excepting perfect keyboard warriors).
Folk need to DYOR and act accordingly. The mindless de-ramping and ramping is extreme at the moment.