We would love to hear your thoughts about our site and services, please take our survey here.
@ KevinRound - I'm already invested here, probably too heavily, and have been for some time.
I'm up to 210,000 shares now and topped up a few recently, but still have an average of 9.3p, hence my desire to see the SP higher, hopefully MUCH higher than 6 bl**dy pence!!
Holding for results now unless I have an opportunity to de-risk/exit before as my whole PF is well underwater ☹
I simply cannot believe this is still under 6p, I honestly thought we'd see a steady rise (& fall) this week back towards at least 7p maybe 8p? I know we had a cash raise and a bit of dilution but SP was much higher before we were even drilling.
AIM stock market is a fickle old thing, I don't think I will ever understand it.
Maybe - hopefully - some excitement will build next week and get this heading upwards before the next RNS.
Thanks Robjm66, that's ..... a relief? Yes, hopefully.
I thought I was going mad there for a minute, wasn't appreciating the 'formal protest' might progress.
I'm still hopeful for project launch this side of Christmas (this year!) but all we can do is watch and wait. It feels as close as it's ever been, almost tangible, let's hope they can get it done soon.
He didn't say which year 😉 only joking.....
In the RNS dated 27/04 it said -
"All parties are working with Government to obtain the final required clearances and, in the meantime, preparing for full construction start to coincide with the next dry season at Tulu Kapi, which is expected to start in October 2023, having already prepared the community and procured the plant and equipment, with full production targeted to start in 2025."
So Q4 may well last for 3 months but if they want to achieve an October start they need the financing to drop by then surely?
The last TK update RNS stated "the Company remains on track for Project launch in Q4 2023".
That is just 4 days away, 5 if we don't include Sunday.
If everything is still on track we should expect an RNS this week to say the financing is done and any security issues have been addressed.
Or next Monday at the latest.
Otherwise more delays?
Struggling to get above 6.1p buying today, I thought it would do better.
2 days drilling done already, no issues as far as we know. Potentially 10 more for anyone to get in before Lorna's next update and for the SP to rise into results.
Maybe tomorrow will be a better day?
@ covgaz - I'm probably only 70% confident and know as much as anyone else for certain i.e. nothing, but we know what we know and we know they are drilling now, hopefully to a successful conclusion.
In the meantime there's little else to talk about except the SP, and no one knows where that will end up!! Following the SP is important for anyone that wants or indeed, needs to de-risk on the way up.
Only 2 weeks to TD, with 'possible' news before despite Lorna stating an update once TD reached?
That is only a short window for investors to get in before a result - good or bad - is announced.
I think (hope) the SP has now been as low as it can go but why it was ever this low in the first place is beyond me. It is now rising again. What I suspect will happen now on the run up to TD is that the SP will rise then the 10%ers sell and drive the price back down a little, then the SP rises again then the 10%ers sell... and so on, but with any luck this cycle repeats quickly with the SP on an upward trend until it gets somewhere around 10-12p by the time Lorna announces anything.
But I know nothing and neither does anyone for certain. Judging by the last few weeks the rig could explode and the SP would go up, such is the perverse nature of the AIM stock market!
Fingers crossed for a good result here.
Thank you Dartron.
If you read my posts you'll see I was invested here but not currently, I just find it all very interesting.
Understand how this investment works? Let me see.... is it that DBay make a load of money and private investors don't see any of it? Probably.
Still watching....
Hi Dai and No.1 - you 2 sound like me, a bit heavy-handed on the HE1 buy button and now really need a result here.
Made too many poor decisions and far too many high risk investments and didn't have a diverse enough PF to avoid being so far underwater; novice mistakes, only myself to blame.
But HE1 looking very promising now as should be drilling within the next 2 weeks all being well. Too may stressing on here about whether the outstanding LLI's have arrived or not or when spud will be - don't stress, this is happening soon.
I hope.
I spoke too soon....
Who bought 10,000,000 shares or spent £1M? Whichever figure is correct, that is bold, they must know something surely?
It definitely wasn't me though, that is far too rich for me 😉. Maybe there will be an RNS in the morning that might shed some light on it?
Maybe some DBay shenanigans? Hmm....
Interesting.... still watching....
.... presumably stands for Long Dull Groan....
I'm still watching out of interest but it's not an easy watch. Probably the slowest BB I've ever seen, seems like there are only 4 or 5 investors here plus me keeping an eye on what is - or rather isn't - happening.
I used to think I was a patient person - until I started investing! Since then I have found I have no patience when it comes to the performance of shares and the Stock Market and has led me to make some terrible decisions, hence my PF is an absolute mess with far too much money tied up in high risk ventures and all underwater. Hey ho, maybe I'll get lucky...
I did make some money on LDG though, one of my few successes.
Patience definitely required here though. A lot of patience.
Still watching...
"This has to be the most frustrating investment with 4 years of nothing but BS"
You should try Kefi Gold & Copper, that's the most frustrating investment EVER!! Millions spent over 13 years (I think) and yet to produce a single ounce - or gram for you younger investors - of anything.
At least Matad have drilled holes and found oil, even if they can't get it out of the ground just yet. Soon though, hopefully.
Apologies for crossing board 😉
it's quiet... oh so quiet...
holding and hoping? i'm beyond that, now hoping and praying and i'm not even religious. too many posters spouted 'any day now' months ago and i got suckered in like the novice investor i am. only divine intervention and a miracle will get me out of the **** to be honest.
fingers crossed. a lot.