Member Info for saintpeter7

Funki - I topped up day before yesterday with £1k and now have 972K shares, which is over 10% of my modest portfolio. Am not ramping, just stating the obvious. Are you invested?

With the market cap at just £1m, after mms have lowered the bid and ask, IMHO this is a no brainer for anyone considering buying now. Patience will reward holders. As you say roy, this is getting ready to blow. May have to wait another month or so, but of course now is the time to load up.

Just added another £1k whilst trading is quiet - all I could afford at present. Looking forward to September when we may hear the Bod's intentions. As has been pointed out, everything is nicely set up for an acquisition and current SP is undemanding.

Hi cheesie - have a look at the RNSs of 1 June and 21 July and the posting thread which say it all really. I am very hopeful that an RTO will be arranged before 21 January. The last RNS about an investment on the Indian consumer market sounded very promising and although there is no guarantee that a deal will be arranged it did sound quite positive.

Lottohopes - may be great timing. RSI back down to low 30s again, Williams%R at a low of -100 again and SP may have double bottomed as it has matched the close on 27 July. Couple days later the RSI was back up to 48 where up to now in the current downtrend, it gets stuck. I don't know what will prove to be the catalyst for the current downtrend to be broken, but there are a number of updates to come, subject to any delays caused by the wet season in Ghana, Ivory Coast and Chad. I'm reminded in particular that Vincent said in June, "The Chad portfolio represents a highly prospective ground holding with high-grade gold targets within an underexplored yet highly prospective gold province, potentially analogous to the world class Tintina Province in the Alaska and Yukon Territory." He won't have said that lightly and with more 'meat on the bones', it could make such a difference to investors' knowledge of IRR and of course the SP. GLA

Just topped up with £3k in 2 lots - at this SP, the mcap is only £700k above NAV which is not much different from listing value and so IMHO SP has minimal downside risk. Luke Bryan and Alan Wooldridge as chair and CEO respectively have come to DRG to acquire some juicy assets. Postings by uinsionn excellent for background info.

Cranleigh - good for you. It was a good opportunity.

thanks! buying has picked up and downtrend has been broken. IMHO still great value to buy now with only a month to go until results.

please! Can actually chart a trend line from 125p on 31 March to today's finish on the daily. I'm not particularly concerned because once we get further updates, I expect the SP to react positively and we will continue the upward move, but tomorrow's price movement will be interesting for the continuation of the upward trend. GLA

Last year, the company announced on 18 August that the interim results will be due out on 6 September and so it may not be too long till be get a similar announcement. I did hold shares earlier this year for a while and have kept watch since as FBT will surely one day reward its investors handsomely as it has the technology which is a leader in its field and has continued to make deals with important broadcasters. The final results for 2016 were impressive and I recall the large percentage of income which had not yet been taken into account in the company's reported revenue. Some or all of that income will now be included in the interim figures and the company's turnover should show quite a rise. Also looking at the weekly chart, the SP is close to a break out point from the downtrend which started last October. Now may be a good time to buy in for those not currently invested. If I can free some funds, I will look to buy again. Will be interested to hear other's thoughts on the results they anticipate.

When it is this quiet and there is news to come which could make the market reawake to the resources IRR has, it is surely time to buy. The downside risk seems minimal now. And we know that if the SP comes up out of the downtrend channel, market traders will be alerted and whoosh!

Enjoy your holiday bottled. When you get back you will hopefully find the 400p level cracked.

4 hour chart shows support at 363p and if SP goes down to that price, we should see a bounce off the current trend line which started on 24 July at 315p.

Nice £19K buy just gone through, having taken advantage of the lull in trading. A month to go before the results and no doubt an update, which will surely show further growth and maybe some comment on initial market reaction to Stevie K et al.

Never known trading in IRR to be so quiet. Of course it's holiday time, but here's hoping its the calm before the storm! Last Sunday I tweeted that I expected the SP to double in the next 2 months. That perhaps needs to be extended to 3 months due to the wet season in many African countries slowing down progress. Okay, no guarantee of course, but we know that we can reasonably expect some decent news in the period. There are enough resources to work on! The SP is asleep at present stuck on the 50% Fibonacci level and once awoken with sellers all but gone I suspect that with the low free float, IMHO a major upward move is likely.

Sadly the £23,460, which I think must be a buy is not mine! As del boy used to say 'One day Rodney!'

Yes, thinking about it most likely. Just topped up a bit more for myself and my wife at 391.8p. Probably the kiss of death in the short-term -:)

Get the SP up to 410p and we could be on for a next level up IMHO.

And back to the base trend line at 388p! Great trader's share if you have time and the nerve.

Just noticed what appear to be two buys at 10.43 and 10.44 this morning each for 15,000 shares. This share does attract large buys and sells. Fall back from 400p again; remember this the last time yo-yoing just below 400p, before the resistance finally gave way. Will that happen again? We shall see.