Member Info for Spencer1983

Yes a bigger warehouse. If you'd been at the EGM you would have already known that. Will we be seeing you at the AGM on 5th September SR?

IMHO this mornings RNS was to keep people in the loop. If they hadn't of done it then people would be questioning what's going on. You just can't win with some people on here.

Due to the following in this mornings RNS:

Our technical team is commencing its review to identify areas where Ganfeng can add value to the project delivery. Ganfeng is committed to supporting Bacanora in its financing and commencing development of the Sonora Project in the coming months." It is proposed that Mr. Wang will join the Board of Bacanora as a Director upon the completion of the Ganfeng investment.

Can’t wait for the news to be confirmed that Amazon have bought circa 10% of Future Group as that will mean Amazon own 3% of Koovs. The SP will ROCKET!

Also Koovs shareholder information was updated today and NO big shareholders have sold a single share!

This morning. With Amazon and Future Group deal expected to be signed in around 10 days time, Amazon will indirectly own 3% of Koovs. Also envisage some of if not all of FLFL's 28p money to arrive within the next few weeks before Koovs AGM therefore for me this share has a potential 50% - 100% increase over the next few weeks.

The partnership is due to submit a planning application for the scheme in the coming weeks - good news!

All the best to everyone attending the AGM tomorrow.

I'm a long term holder here and anyone willing to share any information from the meeting then it would be very much appreciated.

Please note god2mind on Twitter is somebody who has lost their shirt in Koovs. They have admitted to investing their life savings and more into koovs at IPO £1.50p and believe they sold all their shares at 4p when only a couple of months later it bounced to 28p on the HT Media and FLFL deal news. They message day and night on ADVFN under many alias bashing Koovs 24/7 and use to be a user under the name of Pasha on LSE until they got banned as they were trying to spread false information. Unfortunately this person is very angry with Koovs as lost everything but you only invest what you can afford to lose so they only have one person to blame. I will be attending the AGM on 5th September and look forward to meeting other genuine shareholders there.

Yes I want to be greedy and get some more cheap(er) shares Bhargav.

Thank you for your write up as interesting read.

Uruaguay news is due “well into the second half of the calendar year” so if I had to guess then it could be September or very latest October but I’m going to go for sometime next month.

Either way I’m with you and holding my existing shares very tight.

Yes not far off on yesterdays SP movement. I'm long here so half of me wants it to drop down again so I can top up one last time before the Uruguay news arrives.

Bhargav, you say you're here for 2-3 years so will you ride it up to when Newmont hopefully take the next stage of their ownership in the company to 51% (off the top of my head)?

In my eyes if the Uruguay is sorted and they take OMI shares in lieu of payment then you would think that Newmont won't walk as surely they would know more than us?

Big last trade of the day. Shown as a sell but could well be a buy..............interesting. Biggest trade I’ve seen on here for quite sometime.

It was me who predicted a red day yesterday and in my opinion we will have a decent blue day tomorrow. I believe % it’s dropped today isn’t in line with the amount of stock that’s been sold and it’s very much been manipulated. I’m going for a 15% rise tomorrow. Either way I’m long here and if it does eventually find it’s way back to 3p I definitely will be topping up in preparation for Uruguay news as in my opinion if they’re willing to take OMI shares as the creditors compensation then very much doubt they would do it unless they thought there’s a big chance Newmont will increase their stake in OMI.

Was that you the £30.5K buy Chinner?

I wonder if the mm's dragged it down to fill that big trade?

I think we will see a red day tomorrow unfortunately (although I hope not). In my experience on AIM shares I've never seen big rises 3 days in a row as the 3rd day is usually a drop, which is probably due to traders taking their profits. Expect Thursday to be a blue day again though if the buying pressure is still with us. All in my opinion of course.

4.2 stars out 5, thank you great spot!

Level 2 looking good 3 v 1.

When is well into the second half of the financial year that meant to say.

Update on Uruguay Reorganization Process

As announced in December 2018, Loryser SA (�Loryser�), the Company�s primary Uruguayan subsidiary, reached an agreement to cease Loryser�s creditor protection process, with the majority of its creditors (�the Agreement�) with a final endorsement of approximately 72% of creditors by value.

Pursuant to the Uruguayan Reorganization Act, the Intervenor reviewed the legitimacy of the creditors� debt claims and prepared the final list of creditors. The Court and the Intervenor are in the last stages finalising the process and publishing the Agreement for ratification. Although the process has run its course without any significant incidents, it is progressing slower than expected due to the high number of national and international creditors involved; totalling approximately 200, of which some 30 filed a late claim. As a result of this and also the Uruguayan judiciary holidays in July, the Company now expects the ratification process to be extended well into the second half of calendar 2019. Once approved by the Court, the Agreement will be legally binding on all of Loryser�s creditors and Loryser�s creditor protection status will cease together with the Intervenor�s control over Loryser.

The big question to ask is when is the second half of calendar 2019????

Wow, looks like the buyer can't get enough of Koovs shares at the moment and has just purchased 500K worth of shares at a cost of £39.5K.