Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Good exposure and more on the way. I have over 300k shares in this, mostly in SIPP and have done for sometime. Right commodities, right people, right backers and right time. I'm patient (you have to be if you have conviction) and won't consider selling until at least £1 but expect it to go higher than that in time when everyone catches on. Not intended to be a ramp (DYOR), just what I am looking for based on accessible information.
29.70 on Google is the price of the last trade (a buy), it is not the bid/offer spread as shown here, although you can also see the last trade price here under 'IRR Share Trades' above.
I like to invest in themes and IRR is a lazy man's share in some ways because it covers 2 themes, gold and lithium (with some other resources as well). I strongly believe in an upcoming gold bull market (exact timing uncertain but it's coming) and the need for lithium going forward is very obvious and the scrambling for a finite resource has only just begun. IRR are diversified and well positioned for both of these themes and so I don't need to go looking for other, one hole in the ground stocks. I'm not sure specific news is needed to get it moving, just belief and word of mouth can set things off but breakthrough news will obviously help too and it's coming on many fronts.
I have been in this stock now since Jan 2017. I got in just at the right time at 15p (that was fortunate timing) and watched as it rocketed to 45p+. I am no share trader but my instinct told me it has risen too high and various indicators said the same. I sold some, not all at that point. The interesting thing here is not that it has fallen from the parabolic rise but how it has fallen in a very slow, protracted and controlled way. Contrast this with other AIM stocks which rise then crash and burn. This tells me that there is a low float and only some short term holders are selling, probably out of boredom. The main holders, ASSORE et al are holding firm and so too are a lot of LTHs who post on this and other forums (Toro, Farquar, Fox etc). The knowledgeable future looking backers, some with options at 60p cannot be wrong in my opinion. I have been buying on the way back down and must admit I was surprised it is now below 30p however it has continued it's slow, steady fall ready for the next upward phase, which I believe will be to at least 60p. I'm sure in time though that it will move way above 60p because there will be no point in the option holders selling their stake until they show a decent profit. Patience is the key and the type of business IRR is in requires time to make the right moves, recruit the best staff, prove the resources and meet the right people (which they have been doing, see the IRR Twitter feed). This is unlike anything else on AIM and I can see a move to a stronger and better regulated exchange in good time. This will also bring on board more LTHs who will wish they got in earlier. Just IMHO, DYOR etc :-)
Fair play, I should not have used 'FFS', but let's put this spreadex to bed. Nominees do have large shareholders, they also bulk or amalgamate orders based on various customer or market liquidity related circumstances. You can't know who is buying or selling without official notification unless you are an insider. Best to let the price be your guide and not individual trades.
FFS David, there are other shareholders with that amount to sell. Barclays and Hargreaves etc. Major Shareholders (recent data). Name Amount Holding % Barclayshare Nominees Ltd - 192,547,754 7.62 Spreadex Limited - 143,055,561 5.66 Hargreaves Lansdown Nominees Ltd - 136,587,284 5.40 JIM Nominees Ltd - 84,784,306 3.35 Spreadex were selling when the share was falling and they may have done so because of experience of their own customers shorting or selling, they are a spreadbetting company after all. Now with the BP news it's a different ball game. As Wassatt says stop the pointless speculation (it is offputting for people thinking of investing), DYOR and stick to facts.
Where's the evidence that Spreadex are selling? Why would they now that a tie up with a major has been announced? Are their customers short after that announcement? Until a TR-1 is issued this is just pure speculation. Can't understand why people here seem convinced by someone's opinion (that's all it is).
How are you shorting AIM shares? Interested to know as I want to be able to swing both ways (markets only). Not necessarily on this share but in AIM shares generally.
http://www.standard.co.uk/business/geldof-and-mackenzie-s-tv-firms-zinc-media-and-brave-bison-eye-merger-a3542226.html Both sides seem to welcome it so far based on the share prices rising.
Or a very tastefully coloured bathroom suite.
Picking up today. News getting closer.
Woodford and Invesco hold almost 40% between them.
Slow motion **** drop, double bottom :-)
Something is brewing.
The global security and surveillance markets are huge and DGB are starting to win multi-million dollar contracts in this area already. Institutional investors are invested here for the long term as they are forward thinking. DGB also has a diverse product range and so does not rely on just one income source. Liam you have done some wonderful research here which many people can't be bothered with. It is always the research which wins out. Does anyone think that Schroders, Newton, Invesco or Soros have put millions in without research? Research is not ramping, it is intellligent investing. DGB are very active on Twitter, follow them and they post regular updates and press clips about their products and progress.
Persimmon, just looked through your previous posts. Fair play you called it right. Market manipulation by the looks of it at the expense of the PI no doubt. They will probably try a few more shake outs as well so I will be watchful. May buy into this one tomorrow if it doesn't race away too quickly first thing. All the best.
Hi - I'm interested in this stock following some research. My only question though is why has it fallen so much before the recent rise? Especially considering the recent wins, the massive potential and all the institutional investors.
2 recovery plays for the price of one. Gold miners and Russia. 2 to 3 years is a sensible timeframe. I have these in my SIPP and looking to hold for the recovery.
I forgot to mention HGM is also held by RSXJ which is for Russian juniors. Van Eck do a lot of research before adding to these etfs and rebalance quarterly. This is what has attracted me to HGM. They continue to accumulate HGM and CEY. I note they are reducing their stake in Patagonia recently so it may get moved out soon. I am looking to purchase HGM soon but believe it needs to pull back slightly after a good run ip. GDXJ is the indicator here.
This is one of only 3 LSE juniors in this NYSE based ETF. The bigger one is Centamin. Both look really good and are being purchased by this ETF. http://www.vaneck.com/market-vectors/equity-etfs/gdxj/holdings/