Member Info for bonker99

Ya gorra lol

I've done exactly the same thing mate - just a slice here and there :)

Morning.

They parked Yanfolila early so no surprise but comforting to hear anyway - still half expecting a drop in the GP over the coming weeks/months ahead of Q3 though.

Chart looks potentially amazeballs with a 10.25p+ close today chaps and chapesses - no promises.

I think they're going to use the Yen to pump the Dollar one last time so perhaps a medium-term downswing en route for PMs but I still think they'll blow up by/in Q3.

Timely.

https://www.riotinto.com/en/news/releases/2023/rio-tinto-acquires-high-grade-scandium-project-in-australia

Me too - it's at 1/4 of what the Songwe project alone is worth and around the same 1/4 of the ATH so I guess the spivs know what they doing ...

Well again it comes down to temperament I guess - we're told the CEO has just thrown in £100k @ 12.85p but then we have an apparent delay on the MDA so the AIM spivs are inevitable going to try and shake as many out below the CEO's buy price - it is what it is.

One day perhaps, being able to buy a decent chunk with a 25% discount to what the CEO just paid for his will be seen as quite the opp ;)

It's not a natural decline of course so it'll inevitably boing higher than it first fell from as per.

9p looks fab to me - if seen.

@silvermaple - some of us have different temperaments :)

I'm not sure what you want the CEO to do - we're told he's just thrown in £100k of his own money at upper 12s recently but there's a delay, possibly only a very short one, so you can expect the AIM spivs to do the usual and start dumping the SP as best they can for the bigger buy-in at a lower price, c'est la AIM.

Fingers crossed we get a sniff of 9s.

All part of the game - everyone wants more/cheaper shares ;)

Re inflation - the point made is folly of course.

I made this point in HUM some time back:

If you have a goods cost base affected by global inflation then it's a reasonable assumption that the selling price of your goods will increase by the same percentage.

I.E. cost was $1,000, selling price was $1,500 - profit = $500

Add 20% inflation:

cost is now $1,200, selling price is now $1,800 - profit = $600

If you're in the commodities business, and we are, and you're also in an inflationary era then there's no better place to be because your profit actually increases - if it didn't then there wouldn't be any inflation, yes?

As with HUM, directors made some chunky low buys then a couple of months later it 2.5x bagged - I expect nothing less here from the CEOs recent 12.85p buys.

As the CEO dropped £100k on shares at 12.85p recently then you'd imagine he has a pretty good idea that there won't be another raise at a lower price.

That's a reasonable base case IMO.

Morning.

That's quite the jump again :)

Not sure she'll beat mid-teens in a straight line.

Sizeable trades ...

A lorra vol, sizeable years still - have a good one you'll.

Nice vol, chunky trades - another few P to go perhaps.

Morning all :)

Those numbers are about as believable as last year's numbers were but wotevs, this is how the AIM sausages are made and I'll take them :)

LOL

And/or selling options ...

I don't know but all mine taste like copper - that's ok isn't it? ;)