Member Info for saintpeter7

Good to see an investment analyst who sees the great story that will unfold here in due course. The market reaction was disappointing today but unsurprising as it may have been seen by some as delaying news. but the updating of the PFS is extremely important to the company being able to raise funds for Imweru's further development or in being able to get a JV partner perhaps. I'm disappointed that I'm showing a paper loss of 27%, but I don't think it's unreasonable to expect a re-rate when the updated PFS is issued. No doubt other holders are showing larger losses having held longer; all I can say is IMHO there is no point in selling at this level - hold and you will recover your loss in due course.

Since Luke Bryan was appointed at the end of May, the company has been looking for an asset for DRG to acquire and once the authority is given today at the AGM for the issue of those 50.8m shares, it may not be too long before an announcement is made. Time to buy could be now IMHO whilst the ask is at 0.60, with strong support at 0.50, minimising the risk.

https://invst.ly/5x9m5 daily chart via https://www.tradingview.com Really like this possibly showing the end of a 5 wave Elliot wave, bounce off support at 180p, RSI at a possible break up point, increased volume and MACD turning up. Can the buyers push this higher tomorrow and break the downtrend I talked about yesterday? Looking for a rise towards 235p and continued good volume.

Thanks highstakes. If we can finish above c.235p tomorrow, with good volume, the downtrend will have been broken. A rise to 225p and we will not have broken out yet. Will we see profit-taking tomorrow? That is the big question for me. Certainly, it pays to look closely at the chart movement in the next few days to see whether we have a breakout or a consolidation takes place. If we do get consolidation over the next few trading days, try to buy the dips with a view to holding for 2018. All IMHO and no guarantees.

for 2018 continued growth story. Daily chart https://invst.ly/5wj7k shows good support around 180p and oversold. Downtrend could come to an end with consolidation now before SP rises again. Solid growth story. Last year to 30 June 2017, gross profit was up 125% and pre-tax profit up 325%. CEO has said this year's profits keeping up with expectations. Q1 2018 lots happening - please read the RNS of 8 November. IMHO now is the time to buy whilst share is unloved. A must for any 2018 portfolio.

I do agree Taurus and I much prefer your subject title! Now is the time to become optimistic.

Hi bottled. That ASA ruling came as a real shock and I ended up having to accept a loss when I sold, but I expected the SP to fall further as a result and the lack of more specific figures other than that profit is expected to be on target, however reassuring that would normally have been. The SP has continued to fall. No one knows the effect on sales (probably negligible) or on agreements with the new outlets for Q1 2018. I do however believe that 2018 could be a dramatically good year with what is planned and that we will see a sharp recovery in the SP sometime soon. I am expecting a trading update in December or early January. The SP will bottom out soon IMHO. From a TA view, there is strong support in the 180s and certainly if the SP falls to that level of even the low 190s, I will, if funds allow, and so long as no news is announced before, be seriously considering reinvesting.

KAT's current compliant resource base is 754,980 oz of gold, divided 515,110 oz at Imweru, which is the resource being currently worked on, and 249,870 oz at Lubandu.The JORC compliant resource estimate is currently 11.6 mt grading 1.38g/t for Imweru. A PEA was completed during 2015 and established a potential mine life of 7 to 10 years with an initial production of 50,000 oz. The company's brokers in their research note of 24 May 2017 took into account the stage of development then and calculated an implied equity value of �25.4m, to which they applied a 50% discount to account for execution, financing and dilution risks to arrive at a base-case risk-adjusted value of �12.7m or 11.7p per share. Since they produced their research note, KAT have moved ahead with their licensing and are now involved in producing an updated MRS and PFS for Imweru. It is on that basis that I am reassured that the current Mcap of �3.1m is low and once the updated MRS and PFS are produced, there is a reasonable chance that we will see a re-rate. As you know you have to be patient but I am hopeful in this case that patience will pay off.

Hi Fortitude. I know that there may well be some more shares issued to raise more money. Hopefully, it will be at a fair price to current holders. My average is rather on the high side and so I am praying for a quick and healthy rise in the SP once the share comes back from suspension.

c. 190p looks like to me to be a decent support level from which to consider buying.

Just admit I sold my holdings in IDP as soon as the news of the upheld complaint against what had been advertised re Skinny Tan was announced. I lost money doing so, but felt that as news like that was not going to do IDP's reputation any good, the market would lose faith and so it has. The RNSs since have not mentioned anything definitive about sales which has probably made it worse after such previous positive announcements. Now if IDP were to announce some good sales figures, with the extra outlets and products being launched in Q1 of 2018, we could see a sharp recovery in the SP. I'm certainly watching and waiting for an opportunity to buy back in if it appears that the SP has bottomed. 2018 could be very exciting if ST sales continue to grow, the new outlets announced for the sale of ST do confirm that they will sell the product, Roots continues to grow and the other brands come on sale as forecast.

Just to say Hi to the regulars here. We are getting ever closer to the RTO details being announced. Corny I know, but let's hope its spectacular. We'll see lol.

Once AGM is out the way next week and the Bod have authority to issue new shares, I expect to see some announcement on acquisitions before Xmas. So indeed now is a great time IMHO to buy at the current low SP. Remember what happened with KOD with Luke Bryan as their CEO. SP up 5 times in a month over December/January.

Mcap is now just �2.89m. With the aim to produce a minimum of 50,000 oz of gold per annum within 18 - 24 months, which at a price of say �1,000 per oz equates to income, before costs, of �50m per annum, the current mcap has really got to be said to be way undervalued. It seems like a steal at the moment.

Looking good this morning! The gearing effect with this share is superb.

Someone's latched on to how undervalued SVE is in light of the value of its investment in GGP with buy at 4p. Also SVE own ALBA shares which are up and away this morning.

Just noticed I said I bought at 3.85p at the close. I meant 3.80p. So looking forward to Thursday's trading!

Alexios - good to see you back in again. Hopefully, this will see the beginning of a rise again. Just needs some more buyers, who have been notable by their absence recently. With the AGM coming up shortly on 24th and a resolution to allow the directors to issue news shares being proposed, hopefully we will see some announcement before Xmas.

https://invst.ly/5uqgu 1 hour chart - not the easiest share to draw the trends, but if we see some buying tomorrow from the 3.85p buying price we finished at today, we will see a break up from the recent downtrend, which could accentuate buying volume. Well that's the theory!

I have been informed on the GGP bb that SVE hold 85 million shares in GGP and not just 50m. If that is the case, the value of the holding is �1.7m. and the NAV of SVE may be closer to 5.5 to 5.6p.p.s. With SP at 3.85p to buy (the price I paid at the close), real room for improvement in SVE's SP tomorrow.