Member Info for bigbadbob79

Added some more today. It didn't hang about below 4p yesterday, and the volume is very low today. 4 hour chart suggests about to head back up.

Yep plus "Dukemount believe that..." provides a lot of latitude to write any old rubbish to pull in gullible punters.

I set a limit order at 36p yesterday which executed this morning. Thanks for the cheap top-up sellers!
Another limit order set for low 30's if it gets there.
Medium term this is only going to go one way. Such an easy buy at these levels.

Yes it's all good. As luck would have it I took some profit earlier in the week. I was intending to reinvest today as I expected the recent pullback to reverse at support. The placing announcement made it all clear, but I got a better price for my buy back. So I'm holding 15% more shares here than I was on Monday morning. Effectively reduced my average.
Like the way the company is cracking on with actual seismic and drilling work and communicating effectively, rather than the usual silence, "delays", "preparatory work" that we are so used to on AIM.
If that drill pierces a nice big trapped helium deposit....

NT to sell at the moment. Quoted 34.1p to buy.

Someone is dumping. I did sell half my holding a week or so before the peak price, so will hold for the time being, but doesn't look good. 1,000,000 shares sold in the last 30 minutes or so.
Question is whether it's bad news leaked out, a big holder got bored or something else.

SP won't drop on 22nd. If the placees are flipping they will have forward sold already.
I did sell half of mine on Monday, I was going to buy back this morning as I anticipated a bounce off the 9MA, but I'm going to see where it settles today. I suspect we will have another visit to the 10p area, but if we don't happy to pay a little more for the long term prospect.

Phebus. PE is around 14 at current SP IF ARB maintain March production, IF BTC prices stays around $60k.
I think 5 to 10 is more appropriate for a company that operates in the very volatile crypto space, with a business that is dependant upon huge investment in a continual arms race with other miners for ever diminishing returns. Probably less with the financing costs of a $100m loan.

Peter Wall obviously thought the price was too high when he flipped 1.5m 7p warrants at around 260p. Otherwise he'd have held onto his shares.
If the CEO believes they are overpriced, an it be a surprise if the market agrees with him?

My chart doesn't show oversold.
In any case I'm not terrifically concerned by todays action - comparatively low volumes so I expect it will recover on some decent volume before too long.

Maybe profitable at $8k BTC, but even at $55k BTC the profit doesn't support a £1bn valuation, IMV.
Company giving away equity for the Texas deal, more equity given away in other recent events too. Something doesn't add up does it?
Take the Texas land deal. If you are bullish on BTC (as the board are), and part of the company strategy is to hoard BTC, giving away equity for the land deal is stupid - because you're giving away multiples of that value if BTC continues to rise in price. It would make more sense to get debt finance.
The increase in capacity will only be a temporary filip - everyone else is doing the same, so guess what? Difficulty increases so your mining is les efficient. It's a stupid, unwinnable arms race.
Daft deals like this that make no logical sense, an inflated PE multiple on a very volatile asset, your own mining efficiency impacted by other players expanding (so uncertain return on investment), has 25-bagged or more in a few months and directors selling shares. Not difficult to see why the sentiment has gone!
There's no mystery - it's overvalued and there are significant risks. Comparing with US-listed counterparts just illustrates they are even more ridiculously overvalued.

Yep it's cheap. Well run, good rent collections from a diversified portfolio through the pandemic, disposal all achieving a profit, useful dividend income. I'm a happy holder and will continue to hold and maybe add, I expect price to rise as the economy normalises.
Recent price rises probably due to press articles about eg Goldman Sachs planning for full return to office life.

For me this is a safe bet to tuck away profit from riskier plays for an income long into the future with some capital appreciation too.

Interesting price action this morning.
I think someone is accumulating.

Long term this could be a decent play. The devil is going to be in the detail though. KP2 retaining 90% of the project equity is good, but the big question mark for me is how big the royalty payments will be...

Do we know what the revenue generation is likely to be? Margins?

Bishop, indeed this feels like one of those points where you either believe and jump in, or stay on the sidelines being cautious of the risks. I'm probably in the latter camp, and that's partly because I (try to) invest for the long term and regardless of what revenue MHC garners from this and other deals, it is (IMV) going to be relatively short term. And then what?
It's a bit like BRH and their investee Paraytec. By the time they've commercialised it the need will be gone (IMV), but still plenty of hype around that one. at least MHC is actually at the point of commercialisation.

Maybe.
I'm not sure what the market size for this test is actually going to be though. It's still 50:50 whether people will even be able to go on foreign holidays this summer. Anybody who wants a test for any other reason can have one for free on the NHS (even if you strictly shouldn't, it's so easy to game the system and say you have symptoms).
I know the government is obsessed with testing at the moment, but there's a growing backlash about strategy as their plans for this summer become clearer. And I think there's a risk for investors here that that backlash, and the excellent vaccine efficacy data that is now becoming clear will see the current enthusiasm for testing dissipate very quickly. This isn't a government known for holding a steady course, after all.
Either way, the numbers spoken about in the RNS are very modest.

iWeb is just Halifax with a different logo on the website.

Of course, you got the Echo call right. Like I said, maybe worth a punt of a few quid in the pot here.

I'm thinking about it. On the face of it, it's a bargain. But this apparent fraud clearly flags risks - it might be more than £80k that's gone walkabout.
The recent fatality at the mine is also a factor in my thoughts.
On the face of it, these two issues flag a business that is not being particularly well run or well managed., so there may well be other risks and nasties yet to be uncovered.
The price action even before today was not encouraging.
Goes onto my watchlist for a possible entry, but I'm certainly not jumping in today.

Yep good investor communications from this company. I emailed them about funding and they came back to me after about a week, apologising for the delay but explaining they wanted to runt he response past the board first.
I'm sure I saw somewhere that the sand dredged from the port would be put through the separation process and the remaining sand used as fill for the mine.
Thinking about adding to my pot here. KP2 RNS this morning shows that there are some potentially attractive financing options available (and that's a much higher CapEx than here).