Member Info for Simms45

Odd but i notice 100k of shares bought towards end of day. Looks like buyer is hoovering up whatever comes onto the market. Could be a strong couple of days and into New Year ahead!

While frustrating to shareholders to not get bank approvals prior to Christmas it was clear in interview he has it verbally but cant yet announce it probably because so many parties are involved. Harry was certainly pained as well to not get the approval now but it did not seem very long and 1st week lf January seems probable. Perfect lull in the share price to load up for the lucky few joining now and not several years ago as it has been painful to watch. Looks the bubbly will need to go back in the cupboard for early January.

There is a background buyer mopping up any shares that come onto the market but building a healthy stake. Onwards to 30p i suspect.

Looking strong. Hopefully 30-35p by New Year if a bid or sale of assets is not announced in the meantime, then hopefully 45-65p all in.

Board should not have so hastily accepted cash but board saw a quick cash exit with all the trimmings. Time to move on and become a shareholder in another goldie like Condor Gold thats working up to a takeover possibly or Kefi thats maybe about to get financing. Exciting times in Junior gold miners.

Reality is news could drop anytime!

All we have is a forced seller offloading. Another 50m today. when that seller finishes we might be able to find some level of equilibrium but while we have someone dumping at a huge loss we just need to wait. I am bullish in the medium term but there is nothing we can do until the forced seller finishes. Is it Altair we do not know but it is someone with a sizeable stake.

The buyer is serious and taking all stock that is sold into the market. They could be under a time limit to buy as much stock as they can before a possible bid or someone just seeing a bargain and taking advantage. Could be bigger jumps over coming week that could leapfrog 35p. Lets see how this pans out as i think such strong buyer is a big indicator of something.

Looks to me a steady buyer mopping up all shares being sold and then waiting a day and repeating. Could well continue for forseeable future but large number of shares changing hands and being held tightly by acquirer. Very promising. I am certainly holding onto mine until the deal is finalised.

We had a book buy go through late last night at over 1m shares moving hands. This can only be a serious player probably connected to the final deal. Certainly feels 30p will come and go very soon or someone is about to show their hand. Taking the opportunity to boot fill from 15p up was very canny. JM has always said he will hold out for fair valuation that for the basic pit is up to $400m at $1700 gold but massively undervalues whole district at $2000 gold. I am sure if they spent the money they could get a NPV closer to $1bn so buyers know that so if they can buy for $150m+ this is an absolute steal and we are still massively undervalued. Hopefully we see 30p in the coming week as it looks we could be at the end of the sales process. Gla and hope everyone has as much stock as they can carry at these very cheap times.

Harry has to bring home the bacon this month really as it is only way to sprint past 1.6p and probably 2.4p by end of month to trigger those warrants and fund Saudi etc. We probably have access to loans and Harry is past master of running on fumes but all the ambassador parties and backslapping with the president feels like this is about to drop anyday. Looking forward to a lie in :)

I think the game has changed as someone is buying up all shares and building a position. I presume at 3% they need to notify unless there are time limits so someone could buy 5-10% and then announce their holding. Looks like big movements ahead.

Momentum picking up. Hopefully back to 30p by New Year as Condor gets closer to being sold.

Ill happiliy take the “no news is good news” here. We had 2 week extension that has now roughly passed so if it was not good would need to rns. So much news would follow credit approval into New Year and then a whole host of other updates on Hawiah and JQ. Come on Harry lets kick this into the air before christmas and see this rocket over the New Year as we get added to all the hot stock picks 2024.

Some relatively large trades moving about so its possible someone serious is buying up. If you were planning to make a bid for the company at 45p you would before that build a position and lower your overall purchase price and flush out sellers as you go. We are certainly moving steadily enabling some to get off the train and then move up again. definitely i an holding.

If we get sold for where MC originally identified we should be looking at 40-65p post recent raise. Last update intimated it was close. I was reading that the UK stock market globally is one of the cheapest so its possible all the buys could be related to investors spotting the value in UK stocks compared to elsewhere. So many companies trade at a massive discount to NAV including Condor. Circling bidders might now perk up and move to binding offers.

Our seller dumped more today. I guess tomorrow they will continue selling and it appears at any price as this went through at .02 to a new low. this seller looks to be willing to give all atock away but are we talking 100s millions or billions of shares. Certainly price continues to fall while this seller is exiting.

Someone could be buying up stock prior to making a bid and lowering their average when they do or have a say about the deal. These are reasonably unusual size of trades and looks something is going on. Maybe one investor is selling to another as the price is only marginally up and nornally this sort of volume would put a rocket under the stock. Something looks to be brewing but good to see commonsense prevail and we might get back to the 30s shortly.

Nice steady build this week and Bid is holding .7 awaiting news. Could it be tomorrow or monday? Has to be one of those days for some kind of update. 2 weeks extension was added to mid December. seems the market is undecided understandably based on past performance but plenty of anecdotal news to give us credibility this will happen in 2023.

Closing in on 20p and i suspect continued rise over New Year towards 30p if we dont get a deal around 45-60p in the meantime. All looking very promising based on last update on the sales process and some news has obviously leaked that is given some credibility to upcoming news as volumes are large compared to last 6 months. Would be nice to see this sealed before Christmas but i suspect it will into the New Year.