Member Info for TopCatz

Seems to be respecting the end of close 9 MA (4.36) & close 9 EMA (4.33) - GKP use to respect the EMA 5 on weekly trading to when it was flying which we think this is gearing up to do. Looks good - A neutral or better than neutral RNS will help.

Thanks for taking the time to share Billyboy - Much appreciated

Thank you for posting the Shard note Positive. Clears up projected chrome revenue which makes the deal look good. Add to that any potential boost in chrome prices and the tit bit about extracting more platinum through stability (a bit technical for me but sounds nice :)) and the deal is good. They've confirmed 90 days to pay though (there was talk of longer), but all good if they can pay. The presentation will be interesting for sure

I would like to post when I sell but people get really upset when you do that - they accuse you of 'de-ramping' so I have stopped doing it but will post when I buy. No-one minds a ramper.
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Please do post both trades Kalan. Over the last couple of years I have never heard you ramp or de ramp with regard to the business and model. If posting technicals upset anyone then they probably need to have a think about why that might be ! - Keep it up

Each unto their own as they say Kaiser. There's a case for both ways if you have conviction in where the sp will end up and your time scales.

There is almost always a case for top slicing as Kalan and Total Trader have done but often better to leave the money on the sidelines (reason being and I know this from painful personal experience that you might get the exit right but if you make a pigs ear of a short term trade you ending up with less to re-enter anyway.

With spreads and charges you need to do it well and get right most of the time for it to pay off.

Personally I'm with you on this one. I'll trade other stuff all day long but I have (for me) a major holding here and unless something changes I'm happy to stay in here and wait for the 12-14p target I have in mind.

Whatever anyone does, good luck to you all. This is a civilised BB where generally all views are met with respect so a good place to exchange views and discuss both sides of the coin

Pull back to moving average 9 on the yearly @ 4.3 (moving average exponential @ 4.25) & RSI still toppy. SP unwinding as it should but I don't it will get much cheaper for would be buyers. It's likely to trade flat imo for the next few days. Maybe firm up for the weekend or kick off next week. Obviously specific and spectacular news can blow this up either way.

It goes with out saying that I could be woefully wrong :) Good day all

-leons got this
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Couldn't agree more Kalan. Stay put Leon because if you leave so will I !

it refers to project funding which would be the flexible loan put in place and will not be any part of a share issue. I think they look to be trying to fund all projects from cash or project funding.

Yes Hairy. What I think too. If they stick to that as a mantra from now on this could end up even better than many of us would have hoped for

Thanks Positive. Handy clarification on what I was talking about - Marvellous !

We are already recovering the chrome concentrate at Inyoni, which was previously returned to Hernic, and now will be sold to the market solely for Jubilee's benefit. This addition has the potential to add a further 8,000-to-10,000 tonnes per month of chrome concentrate to our existing chrome operations with no additional risk to Jubilee and the majority of operating costs already being absorbed by the PGM operation.”

I'm not 100% on this but remember the inference that the fixed costs should be much lower than the unit cost for platinum as it's processed in the ore anyway. VERY BIG POSITIVE if this is the case. They'll be creaming it in

There's a bit in there that suggests a little funding may be required - I think with the staggered payments they can probably cover it but have thrown in the word project funding just in case. Doesn't sound like it would be much if it does occur and the word project would hopefully bring the 50 million riverfort loan into play. Hopefully it won't even come to it.

Haven't put a foot wrong for a year so looking forward to the next news :)

Priced in to a degree but never the less fabulous news that will ensure the upward trajection the sp is on.

Don't be surprised sp doesn't rocket on this as we knew all about this plus the sp is a bit toppy. Won't take long for the assault on 5p and then the next leg imho. All going to plan as far as a double digit sp is concerned.

Regards to all

I assume AdjShares is being humorous - Elliot Wave theory Sumo :)

Yes - Chart looks perfect for a 12p-14p destination over the coming months. The surge in palladium and plat prices is really igniting this as a back drop to the great progess going on.

Good luck all. Going to be an interesting week with very high probability of news dropping :)

Main news that is definitely expected shortly is the audited annual accounts. Perhaps it’s the auditors ‘friends’ buying in?

That would be nice Moneyhawk - The one good thing about the expected news (results) is that there could be news on just about anything else as well so assuming they are as expected it should limit the sell on news brigade.

Around $950 - Won't do us any harm :)

Yes TT. We've been expecting all this for so long it's almost 'unexpected' !

Good chance we are going to see a large trade (buy although it won't necessarily show as such as it will be reported against a stronger closing price)

Good luck all.

Predictably firming up for the weekend. Marginal weakness this week allowing the moving average to catch up a little and the RSI to drop a little (good thing) - With so much news on the horizon it really is not worth being out - In fact if I allow myself a little ramp you really wouldn't want to be out of this over the weekend :) Haha How times are changing !

unless something major lands.
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Something major has been landing all year and far more to come