Member Info for PatShare

Great stuff, thanks guys.

So, L2 maybe useful but not essential, will use as an aid rather than a guide.

Cheers.

Thanks all, most helpful. I think it might be a case of 'watch & learn' as no substitute for experience.

Presumably general trading that happens within the bid/ask can also skew the direction of travel depending on volume?

@ sharezy - I did have a tracker fund back in the 90's (when I had very little money) and was doing well until 9/11 spoilt it, but held my nerve until it recovered plus a decent profit then cashed it in to buy a new car!

I wasn't invested in much for years after as couldn't afford it (if only I knew then what I know now.. however did concentrate on paying off a 25-year mortgage in 10 years and managed to do that twice) apart from getting some Standard Life shares when they demutualised (some free plus some at a discount) and then became interested in stocks and shares in 2016.

Since then have invested a total of £50k but through naievity, impatience, awful timing and poor decision making (i.e. all my own fault) my pf is currently worth £15k!!

Not selling Kefi though, holding 1M shares, 5p please!!

Off-topic question, if anyone can help it would be much appreciated....

I have just begun viewing the L2 order book (for free via aNewFN) but struggling to interpet what it is telling me.

It shows the number of orders and their volumes at the bid price (or below) and the number of orders at the ask price (or above) and the spread is the difference between those 2 figures.

The bit I don't understand is how this information suggests whether the sp is more likely to rise or fall and how this could affect my decision making.

Thoughts please?

Thanks CFC.

FYI I've been a holder here since 2021 with my holding increasing and decreasing since then.

In 2023 I had shares in both my ISA and trading accounts at different averages and sold out when I broke even across both, but was then tempted back in just 5 days later and been stuck here ever since!

I've traded a bit since March '23 and currently hold 1M with a true average of 0.9227p.

Everyone has their target (as SB_1964 says) and mine is a mere 5p as that would recover my entire capital investment, sadly my pf is in a terrible state through my own mistakes and poor decision making.

Fingers crossed.

..... is just so bloody frustrating! Just as it seems to be gaining some traction with some much needed PR from Harry, with all the pieces finally falling into place and with what has to be a truly transformative news period on the very near horizon, the sp goes and pulls back to 1.3 selling.

I appreciate nothing goes up in a straight line but frustrating nonetheless.

It was interesting earlier today to see all the orders above 1.4p on L2 suddenly disappear while there still seemed to be a lot waiting/hoping to be filled below 1.3p. I'm new to L2 so still trying to get my head around it, can anyone enlighten me if this is significant or not please?

Cheers, Pat.

Trading update tomorrow? Maybe markets expecting a poor update?

1.3 gone, 1.32 next...........

Good to see movement back towards the recent placing price, hopefully will continue to recover to the 1.5p region in due course.

I don't believe any further positive news e.g. equity sign off, is already priced in and firmly expect this to increase significantly over the coming weeks and months, at least I really hope it does. Not making any predictions though as impossible to predict, will just watch and wait.

Good luck all.

Then a brief drop to 1.16 and triggered a couple of sells, wtf is going on? MM's playing games? Maybe someone's bored on a Friday afternoon, or had 1 too many for lunch?

Here's hoping we are on the cusp of significant news and a decent re-rate.

Probably not but we can dream. One day, one day.....

The ask jumped up to 1.33 for no apparent reason, now back down again to 1.23?

Advertised spread on HL now 1.20/1.23 and changing.....

Do we have a leak maybe?

• The Company updates the market on the status of Tulu Kapi Gold Project in Ethiopia and GMCO portfolio of assets in Saudi Arabia.

• In Ethiopia, Lycopodium started work as the lead design and construction contractor for the plant and all onsite infrastructure.

• Mining contract competitive tender updated to ensure optimum outcome.

• Ethiopian Electric Power Company and Ethiopian Roads Authority work power supply and new access roads underway.

• Recruitment is in full swing as the team expands amid a two year development plan.

• Gold Streams ($30m) and KEFI EthioPrefs ($26m) are being reviewed by senior lenders with approvals expected shortly.

• The project remains on target for commissioning late 2027 and full production 2028.

• In Saudi Arabia, KEFI interest in the GMCO JV now stands at ~13% as of YE25.

• Operational update to be released after this month’s GMCO review of its portfolio of projects status and plans.

• The Company suggested that it would invest into the JV further using capital already raised.

• KEFI Board is considering moving the listing the Main Market “as soon as appropriate, targeting 2028”.

Conclusion: KEFI is closing on recently announced $340m Tulu Kapi Gold Project funding as activities turn to development works with commissioning reiterated for 2027 and full production 2028. With compelling economics, rapid debt paydown potential and additional upside from its Saudi interests, the Company is now positioned to focus on disciplined execution.

*SP Angel act as Nomad and Broker to KEFI Gold and Copper

That still sounds like a pretty compelling investment summary to me. I would definitely buy more if I had funds available.

How the RNS seened to be well-received initially and the sp held up for the first 40-45 minutes of trading before taking a dump?

Personally, can't really see any reason in the RNS for the drop other than share of SA dropping from 15% down to 13% but given the potential of SA I don't see that being an issue.

Everything else is just a confirmation of everything we already knew and timelines haven't changed; final sign off still to happen but should happen shortly.

SP drop seems like an over-reaction but to what I'm not quite sure?

Hold for gold.

That's a bold purchase, whoever it was wouldn't have done that lightly.

Not long now, hopefully.

Thanks Nero. It's all Dutch to me!!

😉

It appears to be a Polish crypto service provider. Hard to find much info on this.

The Company was registered in Poland in July 2024 and the President, OĻEGS LIČKOVSKIS, appears to be the sole shareholder of 100 shares of PLN5,000 (Polish Zloty) each. Presumably that would value the company at PLN500,000, about £103,000 Sterling.

Whatever he had, GST must have wanted it and thought it was worth paying for to benefit their business. Question is, how much did they pay?

Fair enough, missed that as been away. Hard to tell looking at the trades v prices on here.

It would make more sense to buy at these prices and would have done so myself but sadly no liquidity in my pf!!

Only have a million shares here and really need a good outcome so will hold until I get a decent return.

Good luck all.

Rather too much selling for my liking, it's not a good look.