Member Info for TigerByTheTail

No, I just remember your idiotic ramping of EMH. You live in a world of almost pure fantasy.

Good grief - the comments on this board! You all know what you know about this company and its dreadful management, and yet you still manage to invent reasons to believe the future will somehow be different to the past. And insurmountable difficulties (e.g. water / lithium) are dismissed with an airy wave of the hand! Oh well, it's your money...

I missed that RNS in the Christmas rush. Yes, no better sign than a CEO putting his own money into a company like this.

Happy Christmas to all here, and many thanks for your posts throughout the year. And please remember "peace, love and understanding" may sound a bit naff, but it's a hell of a lot better than war, hate, and bigotry.

My hunch (only that) is that we are looking at our old friend "accounting irregularities" here.

Webmoor - essentially, I agree with you that RBW is a Strong Buy based on existing resources, with the exciting kicker of a possibly massive exploration upside. But only with the proviso that operations are in Burundi, which means RBW comes with substantial sovereign risk attached, so it's not for widows and orphans. IMO, RBW is the epitome of a high risk high return share.

Good grief, rh69 has found a way to ramp even this shambles! At best, today's RNSs indicate total management incompetence; at worst, well, it could be very bad...

You might want to move to Hummingbird right now - HUM have just announced first gold pour...

Just when you think Ariana can't get any worse, it does. It never fails. - To all invested here, may I recommend a variety of GOOD goodies? For instance: RRS, CEY, HUM, Endeavour, B2Gold, and so on. I hope this post doesn't offend, but AAU is the worst kind of AIM lifestyle company. It just destroys shareholder value whilst making its directors rich. (As always, this is my opinion, and please do your own research...)

It's on the website - I went to look! - Also, we must be due two RNSs fairly soon; one to confirm the issue of the new shares after the placing, the other to confirm that the plant has been fully commissioned. That said, the news I'm really waiting for is the start of drilling of the recently discovered "anomalies" - if they really are carbonatite pipes hosting rare earths then that could change everything...

RH69 - I'm very surprised that you're back with this share after your last dismal experience wth Giles Clarke. Surely, you must realise the lithium hype is total bullshit - no matter what spudomene or lepidolite resource KENV have, there is no water, power, or trained workforce for local processing, and transport costs for shipping the raw ore are prohibitive. - KENV might have a future as a tantalum producer, though I have more questions than answers about that. KENV as a lithium producer is a complete fantasy. - Anyway, ramp away to your heart's content!

I agree that it's alarming to invest in a miner when we don't have a JORC resource estimate or a feasibility study to give us some idea of likely AISC. But, that said, I can't imagine extraction costs are exactly high. What are we talking about here? A fair amount of low cost manual labour, a simple plant, and a couple of trucks to transport the product to Mombassa. It can't add up to very much.

I'm not so happy about this. We're losing a good long term investor (RCF) and gaining a dangerous ETF as a holder. Any sign of a downturn in the uranium market and Global X will be hit by withdrawals, and they'll dump BKY shares onto the market, almost regardless of what it does to the SP. Hopefully RCF are just top slicing, and not selling out completely!

Hi Cowichan! Predator or prey is indeed the question for Centamin, given today's RNS. Based on the current share price, I'm thinking prey. You might be right about Randgold being the predator, as well, though I can think of other acquisition hungry gold majors. Is this where Josef's share sales have led us to - being taken over? Hi Razor's Edge! Puzzled about your crack about Deutsche Bank. Any chance of an explanation for us thickos?

Well, that was quick! Here's Martin Eales: "Looking now to 2018, our focus will increasingly include the development of new areas of mineralisation, and the identification of future sources of ore to ensure we have a long-term, sustainable mine producing high grade concentrate from multiple open pit operations. We have already begun this process, reporting significant exploration upside at Gakara through a recently completed airborne magnetic survey, and utilising these new funds, we will be able to implement a drilling campaign on these exciting anomalies in addition to accelerating our productions plans." Very much looking forward to the results of the drilling campaign. If those anomalies are what I am hoping they are - igneous carbonatite pipes hosting rare earth mineralization - then the upside here could be huge.

Well, if you go by the apparent 70% discount rate, $12.16 / kg at 5000 tpa x 0.3 = $18.9m raw sales income. This is indeed a pretty hefty number for the company's current low mcap. No wonder placing the new shares is clearly not a problem! I am disappointed that, as usual, the SP fell before this news. Clearly, word had got out.

Closed placing for institutional investors only at no less than 14p per share, officially to speed up development of mine and to fund a drilling campaign. RBW obviously have very strong interest from institutions as the book will be closed tomorrow, and the shares will be issued in a week's time. Obviously the share price will drop now, but it's probably not a bad move in the medium / long run.

Good morning! Does anybody have any theories for the rapid SP increase starting late on Friday and continuing this morning? I mean, yes, I'm a holder of Centamin, and I think the stock is very undervalued (even now). But why this SP movement now? Especially considering this week may be a difficult one for gold prices (interest rate rises, "triple witching" etc.).

Other than a probable rise in the pound next week, we also have a very likely US interest rate increase to come and "triple witching" on the 14th (I think). For my money, about next Friday will be the time to buy. - That said, I can't say how glad I'd be to see the resources update before then, even if it doesn't end up saying very much new. Promising things and not delivering them erodes trust; especially when we've never had a proper explanation for Josef's share sales.

There is, of course, a positive "mainstream" way of looking at CEY right now. That is, currently, it is "on sale", mainly due to the now traditional year-end dip in the gold price. Annual results are due shortly, and they are expected to be good, whilst a decent dividend will be paid in February. In short, it's a stock with both growth and income appeal. Simples? BTW - where is Mr. Tibbles?