Member Info for beardozer

"If the prices of metals keep going up they may not even need finance as the project takes off anyway." Let's hope so!
Self-financing miners are a wonderful thing and I want to invest in one!

Bring it on! Surprised Mr Market seems oblivious but I'm very confident .

PXEN has become a joke but there are reasons to invest:
1. There is a huge discount to NAV
2. Future income dwarfs current Mkt. Cap.
3. A Director actually invested in his own company!
4. I think PXEN is undervalued apart from the above but I'm not quite sure why.
Something to do with Hydrogen being derived from Natural Gas? Sadly, I've not done the sums but I'm absolutely certain EV's are not the future and will soon be in a museum.

It's never wrong to question assumptions and punters are making far too many here!
I'm invested in RMM and I understand what a share consolidation means unlike some who probably ordered a Ferrari the day RMM rocketed 9,900%. Unfortunately, more often than not a share consolidation is followed by the issue of more shares which will dilute all shareholders. If it keeps happening we get even more diluted but before then I'll be an ex-shareholder.
Considering the price of Copper and its upward trajectory there is no need to issue more shares.
If RMM needs more finance then other avenues should be explored.

I sold half my remaining holding @ 0.59p which was a very good call. Always felt RMM was a very skilful pump'n'dump yet the fundamentals couldn't be ignored. It appears the sky is the limit for the price of Copper yet the SP is where it is. Post-consolidation I'm expecting a sharp rise due to the very low number of shares available. Of course, that could also be an invitation to issue far more shares. If RMM take that course of action it's all over.

It's a nice read as far as it's possible to read!
Sad to hear another LTH has "given up" on ZIOC and is awaiting an SP in double figures to exit.
But wouldn't an SP in double figures indicate something might be happening at last?
For my part, selling 10% of my holding in ZIOC in order to buy more KP2 wasn't my best call but, after KP2's stupid plunge, I've increased my holding by another 63%.
I realise I'm in danger of getting "emotionally attached" to my holdings but I think selling some ZIOC proves I'm not.
Rightly or wrongly, I'm far more optimistic about a multi-bagger with KP2 than I am with ZIOC.
Admittedly, it might only be a 10-bagger as opposed to a 30-bagger but a bird in the hand etc.
Lately I've mostly been concentrating on the forthcoming Oxford Nanopore IPO "in the second half of 2021".
25% of SUPP is invested in Oxford Nanopore so DYOR!

Sold my holding in IPO to buy SUPP on the grounds it has a bigger steak in Oxford Nanopore : 21% as opposed to 15% and it's 25% of the PF. I have no idea what % of IPO's PF it is due to a user-unfriendly website. Onwards and upwards! Should Oxford Nanopore go bananas and be worth £7bn the SUPP SP will follow suit.

What I wasn't seeing is that IPO owns 15% of Oxford Nanopore but SUPP owns 21% and it's 25% of their PF so I've switched and banked a 2.2% loss for my lack of sufficient DYOR. Not that it's easy to weigh up different funds with investments in nebulous companies.

Quite. Nothing has changed: KP2 remains a high risk binary bet.

Have to agree with "potentially massive"! Bonkers SP at the moment which must rocket 100% after a decent RNS. My only worry is their technology suddenly appearing all over the world and they can't afford to fight.

Not necessarily... I'm sick of defending PXEN but I will hold on to my 250,000 shares @ 1.8p in the hope of banking a profit before I die. If that isn't a ramp what is? Ha! Ha! Ha!

Surprised to see you here but WTFDIK? I've almost given up - if ZIOC doesn't provide the jackpot I badly need it's all over!
Using Capital every month to pay bills your income can't cover is soul-destroying. A problem millions of others will face post-retirement.

You make some very good points. Which leaves ZIOC, as always, a binary bet: 50/50. Place your bets and expect the worst!
If this goes down the pan, and it easily could, I'm down £23k! Upside is £540k assuming £2 per share. One or the other but please don't let it drag on for another 10 years. The opportunity cost of holding shares in ZIOC is considerable. But I can't see a better jackpot provider to invest in - the waiting's the killer!

What are punters frightened of? This week I read a book about Neil Woodford and all his troubles...
Which would've been largely avoided if he'd structured his funds as Investment Trusts instead of open-ended Unit Trusts.
Except he wouldn't've attracted so much money but it would certainly have been better long-term for everyone.
Woodford was an early investor in Oxford Nanopore which was a good call! What am I not seeing?

There aren't enough rare earths to manufacture enough electric vehicles. Enough problems with semi-conductors! The future is Hydrogen Filling Stations !

i agree a 1000% increase is not out of the question so why the lack of interest here compared with Australian investors? I'm so certain the future is bright I've increased my holding by 192%. So KP2 is now 4% instead of 2% of my PF!

Good luck with your 650,000 shares!

Sold 10% of my holding earlier this week in order to increase my holding in KP2 by 192%. It seemed to make sense at the time!
Admittedly, both companies are Carrying On Up The Congo but I was keen to diversify very slightly. The good news is that most shares I sell rapidly rise! Unlike the shares I buy... Joking aside, let's hope Ivan's exit leads to a Zanaga Jackpot! It's a shame paint dries quicker...

Expecting plenty of sells!

The RNS clearly states the Placing Price is 5p. Meanwhile, over-optimistic punters paid 8p first thing and the "drop" is their loss. # 1 Top Faller can be very misleading! I'm expecting 3p by next Friday!