Member Info for SGD27

I see Robbie is back : http://nakedtrader.co.uk/ " ... March 9th 2017 ... Motor point (MOTR) has caught my eye and bought some at one of the seminars on direct access. It has some risk as it listed near the 200p mark and has slumped. But unlike other companies in the motor sales area it hasn't risen. So I have taken a bit of a gamble with it - it does look cheap and everything hinges on what it says next. It hasn't said anything for ages so it won't be long. I bought it with the view I might have to take a loss if the statement shows they still have problems. So it might motor - or crash and burn! "

http://www.proactiveinvestors.co.uk/companies/stocktube/7083/synairgen-s-chief-hails-exciting-ipf-data-from-loxl2-inhibitor-programme-7083.html " Synairgen's chief hails exciting IPF data from LOXL2 inhibitor programme 15:19 10 Mar 2017 Richard Marsden, chief executive at Synairgen (LON:SNG) discusses the further positive data from its LOXL2 inhibitor programme against the lung disease IPF. "

http://www.proactiveinvestors.co.uk/companies/stocktube/6931/keywords-studios-spov-acquisition-offers-synergies-to-both-companies-says-day-6931.html

My guess is that today's retrace is just a bit of profit-taking (and/or tree-shake?) It would be helpful if we could have an update on exactly where things now stand with AstraZeneca.

http://www.fool.co.uk/investing/2017/02/16/these-horribly-boring-companies-have-made-investors-fantastically-rich/ Not fantastically rich myself, but haven't done badly here :-)

http://www.proactiveinvestors.co.uk/columns/sp-angel/27099/today-s-market-view-acacia-mining-bluerock-diamonds-plc-diamondcorp-plc-georgian-mining-corporation-hummingbird-resources-ltd-mariana-resources-ltd-mkango-resources-ltd-solgold-plc-27099.html " DiamondCorp (LON:DCP) Suspended – Placing delayed till 28 February as AMCU union messes around with agreement • DiamondCorp management do not seem to be favoured by the gods. • Having come to an agreement with creditors, the business administrator and investors to breathe new life into the company and the Lace Diamond mine, the AMCU is insisting on material amendments which risk derailing the deal. • Sadly this also risks the jobs of the workers which the AMCU claims to represent. • Our advice to the AMCU is to let management get on with the job and to focus on the wellbeing of the workers who subscribe to their union. It is our view that the AMCU have done immeasurable damage to the economy of South Africa and have set back the mining industry several decades in terms of capital investment and mine development. • Investors have very little patience when it comes to delaying placings and even less when placings are delayed by a union known for its militant activities. • The AMCU would be well advised to let this one go in our humble opinion. "

https://www.brrmedia.co.uk/broadcasts/588b687036915e62629b4781/kefi-minerals-conditional-fundraising-to-raise-5-62-million

http://www.proactiveinvestors.co.uk/columns/beaufort-securities/27077/beaufort-securities-breakfast-alert-kefi-minerals-plc-oncimmune-reckitt-benckiser-27077.html " KEFI Minerals (LON:KEFI, 0.39p) – Speculative Buy KEFI has announced it has conditionally raised £5.6m which may contribute to the upcoming mine build. Depending on the timing of financial close for the mine, a larger or smaller proportion of the £5.6m could go towards the equity component of the mine funding. On its own, we estimate the money will provide KEFI with circa 18 months working capital. KEFI has also announced a 17:1 share consolidation and that some of the funds will go towards increasing its footprint in Saudi Arabia. The £5.6m will come from directors, Lycopodium and Landstead. Our view: KEFI is working on a number of fronts towards funding the Tulu Kapi mine build by mid 2017. The smaller funding announced this morning allows management to focus on the larger prize. The £4.6m Lanstead facility sees KEFI receive £0.69m upfront and the balance over 18 months. Lanstead's shares are fixed but the price it pays will depend on the prevailing KEFI share price each month. Since we are confident KEFI will achieve financial close for the mine this year (a very significant positive catalyst) we expect Lanstead to pay a higher average price for its shares than current levels. On that basis this is good news for existing shareholders and we maintain our Speculative Buy recommendation. Beaufort Securities acts as corporate broker to KEFI Minerals plc "

http://www.proactiveinvestors.co.uk/companies/stocktube/6883/keywords-studios-business-continuing-to-grow-very-strongly--6883.html

https://www.brrmedia.co.uk/broadcasts/5875f9046a04a1b84a21ee07/kefi-minerals-highlights-from-cape-town

Well, this is interesting. I expect they'll be obliged to issue an RNS if it carries on.

Thanks, cherryburn. I assume this is it? http://www.kefi-minerals.com/files/presentations/kefi_february_2017_investor_update.pdf

I'm not certain, but it looks like it might be referring to the previous drill campaign, which was Dec 2015 - Mar 2016 (which I believe coincides with the wet season) and consisted of 5 holes, totalling 776 metres. The Compass website says : "... The program was designed to Drill 4 holes to a depth of 200m each to test a target for Papua Mining. ... we are now on the 5th hole drilling in excess of 700m ... The program was run during the wet season ..." which does seem to tie in. Still, it's about time they told us exactly how they're going to use the £512k they recently raised. It was back in the RNS of 7 Oct that they said "We look forward to the next stage of exploration at our exciting Mt Visi target which is due to commence shortly." Maybe they're waiting till the end of the wet season this time?

2.5% turnover (including ~350k on NEX). So there's some possibility of a holdings RNS.

Anyone have a clue why the sudden activity?

http://www.proactiveinvestors.co.uk/companies/news/172564/shanta-gold-set-for-long-life-in-tanzania-believes-sp-angel " Shanta Gold set for long life in Tanzania believes SP Angel 12:16 02 Feb 2017 Exploration in satellite areas and at new deposits such as Singida in Tanzania can substantially extend the production profile Shanta Gold PLC (LON:SHG) has received a bullish write-up from SP Angel as the Tanzania-based miner switches to underground production at its New Luika mine. The resource specialist broker believes that the move underground allied to exploration in satellite areas and at new deposits such as Singida in Tanzania will substantially extend the production profile. In 2016, New Luika produced 88,000oz of gold at an all-in-cost (AISC) cost of $661/oz. Guidance for 2017 is 80-85,000oz at $800-850/oz AISC. The latest drilling results at Ilunga, the third biggest gold deposit in the portfolio, saw its resource expand to 258,000oz at 4.6/gt from 74koz at 3.5g/t , which should see a mine plan update later this year. Singida, a potentially new mine, meanwhile, currently hosts a 0.9moz at 2.8g/t JORC resource. Including the new commercial underground operations and Ilunga, SP Angel’s sees the total production rising to 610,000 oz from 445,000oz through to 2024. The broker has assumed gold prices of $1,175/oz and $1,150/oz in 2017/18, and rising US interest rates, but even with these potentially adverse in fluencies Shanta can generate healthy margins as development continues and reduce debt. Buy with a target price of 13.8p. Shares rose 5% to 10.32p. Philip Whiterow "

http://www.proactiveinvestors.co.uk/columns/sp-angel/27003/today-s-market-view-avesoro-resources-birimian-berkeley-energia-diamondcorp-plc-finnaust-mining-neo-lithium-corp-wolf-minerals-limited-27003.html " DiamondCorp (LON:DCP) Suspended – placing amendment end date DiamondCorp has agreed to a drop-dead end date on its £1m placing in the London market of 28 February with an expected admission date of 14 February. The publication of the date gives the Deloitte & Touche, the South African Administrators and the Industrial Development Corp ‘IDC’ of South Africa a clear date by which to agree a suitable creditor agreement to allow the business to move forward. It may be that either side may see greater value in some alternative solution but we hope that the two sides will respect shareholder interests and the willingness of long-standing investors to continue to support the business. While the raising of £1m is relatively small for the rescuing of the Lace diamond mine given recent events it should be noted that investors are likely to further support the company once a business rescue has been achieved. Creditors should, in our view, see the commitment of £1m by investors as a first gesture in a much longer term commitment to this South African mine. It will be a sad day if the administrators and the IDC is not able to find a suitable agreement whereby investors are able to support DiamondCorp to get the mine back into production. We note other miners and entrepreneurs are likely to be hovering in the wings to take over the operation through we also note that it is likely to take more than just £1m to get the mine back onto a sustainable operational footing. "

http://www.proactiveinvestors.co.uk/columns/beaufort-securities/26995/beaufort-securities-breakfast-alert-karelian-diamond-resources-plc-nu-oil-and-gas-26995.html " Karelian Diamonds (LON:KDR, 0.56p) - Speculative Buy Karelian Diamonds, the diamond exploration company focused on Finland, announced today that a diamond was discovered in one of seven till samples from the Kuhmo region undertaken by the Geological Survey of Finland on behalf of the Company. The diamond is a clear, pale green dodecahedron and measures 0.7 x 0.75 x 0.7mm. This diamond discovery coupled with high concentrations of kimberlitic indicator minerals (KIMs) identified in the area strongly suggest that a diamondiferous kimberlite is present. The KIMs include purple to red peridotitic garents (G9/G10 Cr-pyrope), mantle garnets and chromite grains. The above samples will be subject to further analysis. Our view: This is exciting news for Karelian as finding diamonds in till samples is an extremely rare event and solidifies the potential of the area hosting diamondiferous kimberlites. The Kuhmo region of Finland hosts several previously discovered kimberlites and exhibits similar geology and geochemistry as the Arkhangelsk region in Russia, an area which hosts one of the largest diamond mines in Russia. We maintain a Speculative Buy on the stock. Beaufort Securities acts as corporate broker to Karelian Diamonds plc "

I see that in 2016 the first RNS of the year didn't arrive until 16th May! With Thalassa now involved, I'm hoping we won't have to wait quite that long this year!

http://www.proactiveinvestors.co.uk/columns/sp-angel/26970/today-s-market-view-rainbow-rare-earths-ltd-avesoro-resources-diamondcorp-plc-firestone-diamonds-petropavlovsk-plc-stratex-international-plc-26970.html " DiamondCorp (LON:DCP) Suspended – Hiccup in business rescue plan DiamondCorp management are working long and hard to rescue the Lace Diamond Mine from Administration in South Africa. The team recently raised £1m from investors as part of the business rescue but tells us in a RNS last night that it has had to put the funding on hold pending the result of negotiations between Deloitte & Touche and the IDC of South Africa. Both are highly respectable and reputable organisations and will be working to the letter and spirit of the law as well as in the best interests of the mine, its workers, creditors and investors. A statement issued last night says: “Regrettably, Deloitte & Touche, the business rescue practitioner of Lace Diamond Mines (Pty) Limited has thus far been unable to reach agreement with the secured lender, the Industrial Development Corporation of South Africa ("IDC") with respect to various issues related to the Board's obligations pursuant to this Placing.” What this tells us is that the major lender needs to reschedule or restructure their debt obligations in a way that fits with the company’s revised working capital forecast. The directors of DiamondCorp can not risk taking in new shareholder funds which are earmarked for getting the mine back in production if there is a risk that the secured lender might change its mind and grabs the cash. There is enough risk in financing the restart of the mine without having to worry about the actions of the Administrator and we hope the parties can hammer out an acceptable agreement in short order. Thankfully, South African finance professionals are generally sensible and pragmatic and we are hopeful for a quick agreement between Deloitte & Touche and the IDC. "