Member Info for Bluelight

At the end of the day if Sirius succeeds then we all succeed (with the exception of shorters who my heart will bleed for). From the shareholders, to the employees, to the local communities, the government, and customers. It's in all our interests to make this a success and enjoy the rewards that come with it.

My personal view of people going on strike for anything less than safety concerns, is by all means do it. In fact do it for the rest of your lives but you wont get paid. There's plenty of people who are unemployed who would love an opportunity to earn even half what most of those people earn.

I don't think any of us really care that much about a potential strike. If they do they do, business will carry on. Sooner trade unions get with modern times sooner we can all get on with life. Blah blah blah we want more, they are like a child with candies, no sympathy for them.

You should never pay any attention to broker recommendations. At best they are a guide, at worst they are pure guess work. I used to work as a commodity analyst, and I can tell you from experience they simply use the current price and if they think it will rise add 10-20% to the price, and vice versa if they think it will fall. Facts are then used to support that view, but more often than not the analysis is poor to non existent. Some analysts are good, but 99% of them are not worth paying attention to.

People shouldn't blame anyone for anything, we all make our own decisions in life. If we make profit do we assign that gain to other people, no of course not? So many people blaming others for being underwater. Just take it on the chin, hold it and close the computer for a few months. Come back when its recovered and then sit back and put your feet up.

I honestly don't think you can really put any kind of pattern on the trading. It's moves up and down with the drop of a hat. Who knows where it will close today, down where we are now, flat, up, anyone's guess. Purely speculation predicting any kind of price action.

7% is pretty much a bid offer spread half the time lately. Wake me when it gets to 5 or 2. Anything in between is noise.

Think most of us are pretty immune to random within day up and down moves. Bit dull until we get some info on financial developments. Then patience will pay off hopefully.

Not a bad start to the day. Lets see if we can break 5 today

Nice to see an uptrend forming now. I'm looking forward to seeing a sustained rally ahead of more details on the new plans. Close over 3.75 would be very good for a strong open tomorrow.

That would be an interesting development, using sales to fund its own development organically. That would certainly help things along.

NelsonSauvin, more accurate than god himself

Absolutely agree Tex, worst site out there. As soon as I see an article is in anyway related to motley I wont open it.

Depends. On one side more investors so shares would all things being equal be worth less. However on the flip side if the project then has certainty of production then that changes the valuation metric significantly. I'd expect it to go up significantly even with some form of investment in ownership. It's currently priced as though it wont go ahead, so if it does then it would get re-rated based on its actual assets and resource values.

Yes their voting rights have increased through bond and swap purchases. Looks like they converted their remaining direct share holding of 0.5% to bonds/swaps, and also added another 1% or so to their voting rights. My take is they are increasing their holding in the company through 2020-2022 call options or the like.

Best just to ignore any emotional posts one way or the other, and just take your own trading decisions based on the facts as you see them yourself. So much nonsense spouted on here from both sides of the table, the end is nigh, multi bagger blah blah.

You want o be a bit careful with getting excited. It's a 15% bid offer spread so any negativity and that gain becomes a loss. Let's see where it steadies out at

Even as a pure punt it's worth it at this price now. Risk rewards just so skewed now, max 100% loss against minimum 300% return on any recovery from 3p odd.

The flip side of that is if you wake up and there is no reason for it people will pile back in. Personally Im off the view it was a natural price move once 4p was broken, and would expect it to be back at 4p come end of play tomorrow.

Its a purely technical move. It broke the support at 4, so moved to the next support at 3.65, its already done this twice. if it trades to form it will move up to 4.5 before pulling back to 4 again. Same old same old