Member Info for SirGBoycott

Can't let you be the only post today. Two more trading days in April .......

Well if you produce enough of them one will be right ..... still waiting for 0.3 / 0.4p? Or is 1.3p the bottom. Are we of the opinion now news is more or less likely in April? And will this news impact the SP or not because nothing was going to be forthcoming of significance to the summer a few months ago. Perhaps we have bought a few and put on our different specs again.

Not now you’ve closed your short ....

Ok so if you can’t place at below par value can you organise one in the hope it goes above par value or if you want to be conspiratorial until you release something to make it happen. Or can you only arrange one once above par value so how long to organise. Interested in the rules here. Also given we have raised £500k of working capital (which we need to pay back) and have access to more would we be better raising now at 1.3p and paying it off or waiting and for how long? Or look to Sepco other options.

What a joy to come out of a meeting and see today’s news. The news itself is encouraging but it’s what it’s a precursor to that’s more interesting. Certainly think we’ll see more updates in the coming weeks and months.

All good reasons to add more then Jax!

I’m not the one insisting I know what it is. But 1.2p would a creaking price for that size of sell and the sp hasnt eaxactly tanked last few days. Plus a few posters I trust sened to know it was coming. You look at it your way if you wish.

How is it a sell jax. What’s your evidence?

Excellent

It was a technical bounce and back to 0.75p this week a few days ago, a pump and dump this morning and now it’s a placing at 1.3p. Mind you be a bit of a hard sell one that with charts saying .335p , no SML and coal being dead in Tanz ...... We are all aware of the debt that will need clearing (as you keep reminding us) and that revenues are not anticipated until the end of the year earliest. A placing at some point would be one option I suppose. However, For what’s it worth I think we will see Moz and MED updates first.

Lets see if they get taken up.

and show me a chart of yours that goes up in a straight line.

Really? Its been about to drop for the last three days according to you. Just another case of saying one thing and doing another.

Sonic why not you post your twitter comments here or do you feel that they will be removed?

No one is ramping SMLs. Its just encouraging to see an update from PEAK that has some more positive news. As for people about to sell out as usual we shall see. Bound to a number taking what they can as the price rises or trading this technical bounce as you wanted to the other day but 'missed the signs'

Genuine question out of passing interest. I am a six sigma black belt and have a good grasp of statistics. When we look at statistically significant trends, run & control charts / correlation etc you need to have a statistically significant sample sizes. You also need to factor in common and special cause variation.

Presumably for charts to work you need a certain volume over a period of time for them to be more accurate and is someone is buying or selling out of character / trend (special cause variation) they become less viable / reliable and as with six sigma your confidence level (95% for six sigma)) drops

Last few days volume has not been overly high, it does seem hard to buy shares, there hasn't been any news, we don't know how many people are buying (lots of individual trades or 1 /2 investors building a position).

So does anyone know the criteria under which charts work better than tea leaves

https://wcsecure.weblink.com.au/pdf/PEK/02094654.pdf

Peak update worth reading.

8/10 for the headline though very neat

https://allafrica.com/stories/201904050052.html

Clearly a market / interest in Tanz coal that Magufuli supports.

Loving this technical bounce. Those Friday sellers turning into Monday buyers ........

Had a look at the FE research note from Dec 2018 for timelines on Moz

PPA (Private) - Q1 2019 (overdue but progressing)
DFS & Grid integration - Q2 2019 (DFS ready for approval so on track)
Technical studies (?) - Q2 2019
ESIA - Q3 2019
PPA (Utlility as offtaker) - Q3 2019 (presumably EDM so on track or ahead?)
Financial Close - Q4 2019