Member Info for bigsocietymyarse

A cure or a vaccine won’t cause a rebound in bank shares like it would for other sectors. This will keep falling in line with the risk of negative interest rates happening. I see Lloyd’s as a hedge against inflating our way out of debt.

Anyone else been here long enough to wonder how you went from having shares in a company that was going to be a mid-tier copper producer, to having shares in a company that actually reduced shareholder value through giving its copper mine away? With Li demand set to soar, will it cost us even more in shareholder value to give our Li asset away? I suspect we’ll end up selling the Li asset before production, one way or another, with little shareholders making Zilch while insti’s see a very quick, very big ROI. Any spike to more than 4.3p and I’m out, left to rue parking some cash here for 5 years and buggeri ng about trying to make something through trading when it went to 15p

CM, he just lifted 10% off us all, and you think he’d be surprised that we don’t think he’s done us a favour? Jeez, there’s a positive outlook on things and then there’s just plain delusional.

So even while DA was making that statement he was in the process of preparing to pick our pockets again. When material information needs communicating to shareholders it should be done through an RNS, not hidden in slippery language in a puff piece.

As I said a week ago, I’ll never believe another word that Archer says. No recognition of previous assurances, no apologies, no explanations, just “Give us your money.”

Why is no surprise that SAV puts out an RNS and you can’t even tell if they’re borrowing money or having money given to them...

After accepting a long time ago that Oman, with all it’s promises, had become worthless, today’s SP reaction tells us it was all worth less than nothing. I’ll never trust anything in Oman again, and I’ll never again believe anything DA says.

For the benefit of anyone who thinks that in house broker notes are objective & even handed analyses, and not just glorified puff pieces, I present to you the following passage;

“It is also located in a traditional
quarrying region, which should help the social and environmental permitting process”

If such a rose-tinted view of potential on that front can somehow be confected, where does that leave us with their 10p SP target?

10p a share forecast? Rejoice! I bought in to the Oman/Moz story when the in house broker forecasts were 20p +. After spooning Portuguese jam all over it we’re looking forward to 10p at some point in the next few years. Marvellous.

Oman was In the only show in town when many of us bought in. We should be pocketing dividends by now but now it’s just the elephant in the room. Whatever we manage to sell it for I think it should be paid out and let the Portugal jam tomorrow story sort itself out. I don’t want to hang around for another three years waiting to see how we’re also going to be relieved of our investment in Portugal.

Wondering how much longer we must wait for news from Moz and Oman. Shocking treatment of shareholders.

Gotta hand it to them - that’s pretty impressive.

Buying opportunity on its way. Where’s the next resistance level?

"One would have thought good customer experience was a normal thing for any company."

You’re not with Virgin media, then! :)

Will take off pretty quick when they can reopen. Not sure why pubs can reopen but bowling alleys can’t. Not long to wait I suspect. Really confident with my decision to transfer into this Co.

Will be happy enough here just to return to paying dividends tbh. Excellent long term opp for buyers at any level around this too.

Would start taking back to buying territory. Target price c1.3p?

Indeed. Something else they’ve been “making excellent progress towards” for an awfully long time. Sold half my holding over the last couple of week, confident that I can reduce my average (losses) and buy back in sometime over the next 12 months. A bit of trading in the last few months of movement has fortunately brought me close to the surface. Would be really interested to see an update from Iceberg - s/he had some great analysis. Are you still here, Iceberg...?

Have to say that today’s RNS is another example of SAV missing critical targets by a huge margin. The Portugal DFS was loudly trumpeted as recently as September 2019 as Being due for completion in H1 2020. It’s now been put back to H1 2021. This is a shocking miss and follows a pattern of badly missed deadlines, often by years. The main issue I have with this is that it requires investors to hunt through old updates looking for original targets if we want to keep abreast of progress. Instead of an RNS saying, for example, “Because of the extra work needed on the EIA, the target for completion of the DFS has moved from H1 2020 to H1 2021”, we just get an RNS breathlessly promising a DFS in H1 2021, creating the impression that everything is ticking along nicely. I find this slippery, especially as it also fails to state what implications this has for previous assertions that shareholders won’t be called on for more funding. An extra year of operations without a cash call?

And Oman? I know that investing requires patience, but, jeez, come off it!! How long is that review going to take?!

When the fool starts pumping it’s usually time to start dumping.