Member Info for sonicboomboy

Will move swiftly now...

SIRG,

I'd suggest some news needs to be signed off for LC to showcase, after all, there wasn't that much to talk about after the last RNS, so makes total sense something is going to come along soon to IGNITE WAVE 5

Anyone been in touch with the company to see what the delay is on the podcast. Was originally going to be the end of last week, then end of last week start of next, then Tuesday now Wednesday and no sign of it.

Sounds to me like they wanted to showcase some new news that they are just getting over the line.

So would the Chinese see offering 500m for the company/product as being cheap if they could then claw back some of that spend by selling it to the rest of the world? They have the infrastructure to ramp up production easily too.

I wonder if the warrant holder know this and are making sure their shares are fully accounted for and in play in any deal?

Food for thought. The issue of Corona virus is getting worse by the day now and action is required.

Would warrant holders be exercising now prior to a takeover? I would imagine the Chinese would find buying a company for 500million a cheap way of sorting their problem, not to mention the money they can claw back on it selling it to the rest of the world?

Just food for thought...

Can anyone shed any light on the nunber of warrants and their exercise dates currently valid here please?

Have tried a quick look but will habe a look at the full year results.

TIA

Excellent news.

I would imagine they are already forward. The company has £1.5m extra cash in the bank, so all in all very happy.

and its game on

Run to 190 coming?

by the looks of it.

100% buy

Was spectacular.

Think this will gap up and be attacking £3 by lunchtime.

Looking good for a bit of UPWARD travel this afternoon.

....looking like Wave 5 maybe part of a bowl forming on the 15 min chart. Just a straight wave 5 on the daily?

It's slightly rough and of course there is a ramp up but they aren't far out.

35000 oz mined
50% to KAT = 17500 Oz
Profit margin $900
Profit 17500*$900 = $15,750,000
Convert to Stg @1.3FX = £12.1m
35 year life of mine should command a PE of 10.
£121m/184,355,462
SP = 65.7p

Previously from eyeguy:Worth remembering the situation here:-All permits and licenses accepted- 35 year mine plan to produce 35koz gold per annum- net gold to KAT 17.5koz per annum- margin circa $900- net profits annually after ramp up $17.5 million- already in talks for project level finance (not dilution)- studies done at $200 lower gold price which still shows attractive economics.- mcap £4 mill

Coming back in now...looking good.

People selling here really do need to understand technical. They will be kicking themselves very soon. IMO.

Wouldn't be surprised to see anther RNS coming on the SA project ;-)