Member Info for beardozer

Several hefty buys yesterday and the SP appeared to fall 4.75% - very tempted to go all in here! I see 200% upside at least but WTFDIK?

The best performer in my PF and still cheap! And very few shares available. I think 5p is fair value but WTFDIK? 10p or 15p further down the line?

I would've thought binary bets like KP2 and ZIOC would be attracting "danger money" from any sensible investor.
Put 5% of your PF in both and hope for the best. Meanwhile 90% is invested in Funds invested in companies which will tread water for many years to come.

Welcome back after a long absence! I have nothing much more to say about ZIOC but I did investigate NCCL where you also comment. It looks interesting but it's coal-related! Admittedly with an interest in green energy but so what? Pleased to report PXEN was up 29% this week after I've been saying it's undervalued for a very long time. At least PXEN is more than a binary bet but there's nothing wrong with those - see KP2 which I'm also relying on for support in my old age. It's a shame my friends don't share my adventurousness - one is paying £800 per annum to her Financial Adviser. And my neighbour turned up on my doorstep this week to announce he'd just had a meeting with his new Financial Adviser after inheriting £hundreds of thousands. I asked "How much are they charging you?" He replied "I don't care!" I told him there's a very good book about Investment called Where Are The Customers' Yachts? but he wasn't interested. I told him his lack of interest could cost him £thousands but he just shrugged his shoulders. Loved the story I read recently about the poor sap who lost his £528k pension fund to a scammer. If that wasn't bad enough the Inland Revenue still demanded the £290k tax he would've paid and he paid it! So now he's £818k out of pocket. Which puts losing £23k on ZIOC into perspective. Nothing ventured etc. but capricious African governments remain the greatest threat which is why the SP is where it is.

First thing yesterday it was punters piling in because they thought the deal was worth investing in or maybe they thought others would think so? Next there were all the sellers who hadn't thought it through and we are where we are. Obviously, my 125p forecast was wide of the mark but if we add a month I think it's reasonable. And LBE looks cheaper than KIST but I 'm not complaining! There will still be very few shares available after the STH's have exited. Shame they didn't have more patience.

"ITM Motive expects to rapidly grow its network of refuelling stations in the UK " and as soon as there is one in every town we'll all be buying hydrogen cars or at least I will! But how long will that take? From 14 to 14,000? Maybe not that long.

Thanks for the explanation - why couldn't I see that? We can only assume that the deal that's been done is the best they could manage. The other way to look at it is: had they placed the same number of shares @ £1 they could've raised 33% more money! Whatever, LBE looks to be a decent LTH and this is just the start.

"By placing at 75-80p they aren’t limiting the downside that much but it limits the upside quite significantly." Kindly explain how the upside is limited by the price of the placing. I'm disappointed at the low placing price but there will still be very few shares in issue with a significant proportion held in sticky paws. I'm wondering what the Market reaction will be when the shares resume trading - I forecast 125p but WTFDIK?

Thanks for all the input! If only the rest of my investments shared your knowledge...
Unfortunately I'm on my own there in uncharted waters but I will remain confident until I spot the hole in the boat.
Good luck to everyone and I think LBE is an excellent long term holding based on the Management's previous record.
Particularly as I foresee an ever-rising Oil price due to no more exploration licences being issued.
Downside is millions of electric vehicles but I think there's huge opposition to them and petrol vehicles will be around for another 100 years.

50p by next Friday? I dunno! But investors are definitely searching for value and ZIOC is very valuable! It could be a long wait (or remarkably short) but £1 per share has to be the minimum long-suffering shareholders can expect. £2 would be twice as nice and £3 even better assuming the Russians enter the frame . And what about the Americans?

Obviously, long term it's a £billion company but meanwhile?
If the SP is less than 150p when it re-lists I'll be disappointed.
What I'm hoping is that they keep the number of shares in issue as low as possible and never dilute further.

"Seems to be stuck" is a good summary! I thought by now the SP would be past 8p and heading towards 10p but WTFDIK?
Rare earth shares are also having a hard time which makes me think Mr Market is expecting new technology and he's usually right.

That is a problem at the moment but circumstances could change. BRD has very few shares available and is very illiquid so it's not for day traders. On the other hand, should the Herd suddenly arrive the SP would rocket and provide a profitable exit but we could have a long wait. I'm invested because BRD looks very cheap to me and I wanted some exposure to diamonds but I'm starting to think I've backed the wrong horse! Bearing in mind impatience can be very expensive!

Not necessarily! RMM was overbought and now it's oversold. The fundamentals speak for themselves and I can't see the price of Copper crashing so place your bets!

David Beckham has invested in electric vehicles: https://www.theguardian.com/business/2021/jun/03/david-beckham-buys-stakes-in-vehicle-electrification-firm which only adds to the snowball. Is TWD supplying Lunaz which would be a tiny account at the moment but who knows?

Stale Woodford investors in need of cash? I see very little downside from here and a very healthy upside so I've increased my holding by 97%.

When there's a total lack of interest it's usually a good time to buy but don't quote me! I also came across this: "If truth be known, much of what's happening is people searching around for whatever is most likely to retain value when cash holdings are obliterated in the Great Reset. The point is that none of the traditional retainers of value can be guaranteed to perform as they have done in the past, and so everyone who relies on even fairly small amounts of wealth to provide their spending power is worried, to say the least, about the possibility that the Great Reset is going to leave them destitute."
I would've thought ZIOC would be worth investing 5% of anyone's PF. It's a shame anyone never listens!

Undervalued hidden gem etc. Very few shares available although only 17% are N.I.P.H. and the much-maligned Ed owns 2.5%.
Wouldn't it be ironic if PXEN turned out to be the top-performing share of 2021? I think fair value at the moment is at least 5p which leaves plenty of room for further advancement (other pipe dreams are available).

Has the tide finally turned?

Recent RNS stated that "increasing operations at the power plant to 100% capacity from the current 22% level could generate annual revenues of c. €4 million. Being operationally geared, a high proportion of these revenues will flow through to the bottom line. " Is a high proportion 75%? Assuming a euro is worth 86p that's £3.44m x 75% = £2.58m which dwarfs Mkt. Cap. and that's just one of PXEN's projects. It's a shame the BOD don't spell out exactly what the figures are as I'm sure the SP would react very positively.