Member Info for saintpeter7

Have researched and bought in. Could not believe the mcap was only �3.25m. for a company with a such inherent value with a target of 18 - 24 months to be producing at least 50,000 oz gold. That target may well be increased as further development work is carried out. c. �48m annual sales at today's exchange rate and at $1,300 per ounce. PFS being worked on and might reasonably be expected within a month or two.

If a shipment of 3 tonnes (3,000 kg) and assuming a price of $120 per kg, this would be worth $360K, which is about �270K.

Still being in full-time work and not living in London, I can't make the AGM. I wonder if they will make any announcement before then. Are you able to gc?

Some pis are so impatient. Selling at 4.5p when mcap is not much higher than the cash held and with the company saying that a deal will happen in the near future doesn't make sense. However, it does provide a buying opportunity.

Get through band of resistance between 5.8 and 6.3 and the SP could fly. Probably not today as at top of current chart trend channel. https://invst.ly/5g0ii

Hi Cranleigh - as HC said in his last proactive interview, IDP do now have greater institutional support through the placing, which of course is a good thing. SP seems to be stuck in a trading range at present, but the AGM, if not from any news update before, will probably be a catalyst for the SP to move up out of the range. Despite the set-back, I'm still looking for �5 by the new year. So much to look forward to with IDP in 2018!

Let's hope so. Certainly once he is finished his selling, the SP can start to rise again, because the I suspect the free float is very much in sticky hands.

Yes TP lol, but they are in production and improving their water supply by the drilling of the additional bore holes. I realise that there are no guarantees whatsoever with KENV. Hence a buy would be for the brave who could afford the risk.

This is my current daily chart. It is not saying a certain buy yet, but if the RSI moves up towards 60 and the SP breaks the downtrend line, then that would be the time to buy IMHO. https://invst.ly/5f9h1 The SP could still drop further but it seems that the SP is now underpinned by Tracarta's holding and other recent buyers.

As someone who has lost money on KENV as a large number no doubt have, what would be better than to recover the money through buying back in. The placed shares have surely all now been absorbed and I know that it will take a large leap of faith, but once all of the plant has been upgraded, they will be able to increase the shipments of tantalum as they indicated they would and bring in the cash flow. The mine is producing high quality tantalum and although I suspect that production will not get into full swing until Q1 2018, that is not that far off in mining time. Does the current mcap undervalue the company knowing the above? Certainly from the 2 large buys today and the recovery in the SP from 4.5p during the past week, there are indications that now may be the time to dip ones toe back in the water, so to speak. Perhaps this is for the brave!

Here is my weekly chart https://invst.ly/5f6rp RSI and MACD still on a gradual downward path although the MACD is not far off a low. We may have to wait until the SP reaches the longer term trendline before sustained bounce. May be in 3 to 4 weeks time that will happen. Obviously IMHO. We may skirt the 200 dma (which someone else mentioned here earlier).

again as although there were sales, the mms dropped the bid and offer to I suspect generate some business.

The mcap is only �1.1m compared with cash held of c. �900K. Recent annual report advised that an acquisition would be made in the very near future. Seems a good time to buy ahead of the RNS.

Robbie I don't think it will be. IMHO today is the last trading day pre-suspension.

Yeh you're probably right Dusty. There may still be some more placed shares to be sold and there was an after hours sale at 4.75p and so I'm not sure we will see the same tomorrow. Who knows?

�70,964 buy after hours! Wow. Once the remainder of the placing shares are sold, I expect the SP to fly and looking for 350p in short time.

Someone or ones are determined to sell having sold 5m shares at or about 0.80 today and yesterday combined. Good when he or they have finished as then the SP should rise.

My tweet at 3.23 pm may have helped. What we need now is a follow through tomorrow and not just profit-taking!

Movement!

Thanks for posting that jupiternmars. Excellent talk again by HC. What he said makes me even more excited about 2018 trading and the continued exponential growth that we can expect to see in the future.