Member Info for Ballio

cheers Dave.

I have had a good look through the new monthly Seeking Alpha Nickel report, seems worth some value just as long as they continue with it as things change. The initial forward looking book was a good starter imo to the series.

But, what the report does suggest is that the overhang wont become a huge pressing issue till 2022... Sadly no mention of URU despite it being "an elephant". Maybe the author is not a friend of Zorbo's. I might contact him and suggest/prompt him with a few details of the project and see if he is willing to include in next report.

Then again, in order to avert this purchases of assets and mobilizing funds to get access to the assets will need to happen soon to hit those dates of 2022 and onwards.

So, from your review of price activity to stockpile. I'm seeing the lower price range as depressed but more volatile, but as you say the opportunity to be bias is instance and large.

I'm still here, still holing ~1m shares and as i have said over and over, if and when news flows that provides me with more confidence of progression, not just information then i will continue to buy.

ALB Ballio.

What level do we think will be required to prompt some real price action. There is a real steady decline in stock level but not much of a price reaction. I'm guessing anything near 100k and industries begin to sweat and look around for prospects.

Fill your boots and come back in 2020 to your trading account with a nice wodge sat in it.

Dont over complicate this long term cyclical commodity market.

well, if that's not a definite timescale for news i don't know what is.

Regardless of what other dribble he releases, if that topic does not unfold in a positive direction pretty sure this will be below 0.4 by Christmas.

BUT, should it unfold in the direction we all hope then it will more than likely be more than 0.4 by Christmas.

That is the basic function of my crystal ball.

Ballio

Trump - when he leaves office Gold will be free.

The US Stock market is so backed up with hot air right now it needs a big trump to come out.....

WHEN this happens surely the capitalists of the US will think, "well that was good whilst it lasted" and sell out in the face of an actual politician running the country and the stock market collapsing under another not so business focused candidate.

Gold will then be free to roar away, also leaving other currencies lagging even further behind golds current price due to recent currency de-valuations all over the world.

The next few years will be almost pantomime economics to watch.

done breaking up the silence with some tosh now, back to HUM

ATB Ballio

I have been pondering recently about my long term strategy for pension investment, not so much what i invest in but my vehicle.

I currently have a SIPP which i invest in monthly via PAYE and recieve tax benefit on, cheers for that HMRC.

BUT

I also have an ISA which i invest in monthly, and the more i consider the ever changing goal posts for SIPP's and the long term view i have to have regarding what the rules might be come 2042 when i can access my SIPP (current access age 55, who knows that this will be by the time im actually 55).

My view on this is becoming stronger, positively towards the use of an ISA for pension investments.
To give me:
access if and when an income from my ISA is sufficient to wind work down or stop if that day comes before 55..... got to think positively.
AND
I take the tax hit today and can then build my portfolio with a clear head knowing that what i see is all mine and will always be mine with no more tax due.

What are peoples thoughts. Im thinking that i park my SIPP with its current value and investments and leave that alone.

If people would prefer not to discuss off-topic discussions please say and i wont bring this up. I only bring us as there are a good bunch of open minded invididuals here that have great valid opinions that i value.

Im 31 currently which is also a big part of my reason for this step change in methodology.

ATB Ballio.

Still dropping, price looking like about ready for next leg up.

Commodities is a global trend game as we are being shown right now.

If this still takes another year for JZ to continue his very lean drip feed approach which he has been very open about that being his style then im happy to wait and watch the impending Nickel shortage unfold.

See you all here summer 2019 when the potential div on sale could be a great deal more then what it could be today. Seems worth the wait then.

Thanks all for your continued enthusiasm, time invested in research and attempted contact.

Just for info, my thoughts on previous RNS are positive, clearing decks, responding to requests, proof of continued efforts to utilise technology to add value without over spending.

Im not happy with JZ's comms but im happy with his operation as he has made it very clear "we are very strategic". TIght as a ducks ar$e when it comes to spending raised cash".

ATB Ballio

Pay dar for Russ or what.

News and some clarity. Also reality. We all know this is being proved up in a climate where asset values are increasing, if it's a year off then the price will be more than it would be even if the asset was measured today. But it's not so sit tight and hold on or sell up, and move on. Ballio

As dodgy and not proper as that would be for him to drop the price and buy in, i personally would still see that as confirmation.

And make a similar step myself.

We have and will all complain about his antics but if he did repeat those price manipulating actions to buy in low then it would be silly of us all not to take advantage of his skulduggery and say "cheers Z ill have some 0.4p pre divi top up please!

Forever optimistic

Ballio

I'm doing some initial research into ABM before any buys and want to know if anyone knows why there are so many shares in issue?

Ballio

Divest in 12 is also maybe his way of saying Zeb is sold in that time. Otherwise as we have already established he's shooting himself in the foot selling at these levels. Here till 2019/20 with the odd top up of the opportunity presents itself. Happy to double my holding if news and developments confirm my hopes.

Borderterrrier,

Id recommend diversifying a bit.

You have posted in HUM bb alone in the last month, maybe this has something to do with your attitude.

Try diluting your character onto other boards and your investments, it might help you and others..

- Can we expect to see Magnetite Leaching results any time? This has never materialized, and the subsequent reduction of capex cost clarified.

- Is URU working towards a developed and updated Economic Assessment that outlines a new NPV of Zeb taking into account all information acquired since original PEA?

Fantastic work Bennet, looks like Nomad is straight as they come and basically grabbed JZ's ear and said you have to honor this MATE!

Ballio

Bad times. Went tonight expecting the warmth and comfort of a happy seasons dinner. No. Closed for refurbishment till 6th July everyone! Just a warning to any hopeful visitors. Mei Dim was a good substitute this evening..

Cheers Bennett, you're a good guy/gal.

Further pressure being added to Nickel supply and demand in equal measures now and Morgan Stanley suggesting that trade wars are having negative impact on commodities but that Nickel is a safe place throughout due to the immeasurable impending supply boom on the horizon.

Like most have said, sit tight, hold on and wait for the sale. Its an ever increasingly attractive proposition as the days go by. GLA and keep up the great work.

mbennet, im in 901,104

£5m MKT CAP. Assets in the ground are worth far far more, even a poor takeover bid would be a reasonable payout.

im not overly fussed about the road, just the arrival. The assets speak for themselves, and when there's demand you don't need a genius to sell these assets. Good geology work which we have is all that is really needed. The rest is just fluff. a different company is a different asset, structure, management, finance, everything. Its not really easy to compare.

BUT Im hoping that when JZ eventually does sort us out that this divi will be the catalyst for a 10 year investment plan that will allow me to retire at 40. I have enough shares that i can invest in some key companies that will provide growth then dividends with reliability to the tune of a reasonable income in 10 years time "maybe less". Here is to being sensible, risky, optimistic, long and short to make it work. Good luck everyone over the coming weeks.