Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Pops. you are of course correct, real tangible news almost always, 99.9%, is what moves the price. However, I'm also a fan of buy the rumour sell the news and i'm sure we all see a lot of sp movement based on sentiment..
I'm curious, whilst i'm a fan of the JV approach, do you envisage Alien being bought out at any point? I was in Rockrose last year, thinking how rosy the fundamentals were, and sadly it was taken over at a only a 40% premium... So it was a win, but only a small one in comparison to what i was expecting.
It's an equity, it's good it gets traded. More trades would increase the sp.
Don't place too much emphasis on what is a buy or a sell, because no one who does this professionally looks at the tenth of a percent, which determines what side of the mid it is. The buy/sell flag is outdated and meaningless.
What i would say, is that I believe this equity is being held in a consolidation run, quite tightly and i've seen single £10k tickets bring it back into line, when placed at strategic points of the day. i.e. close of business being the most obvious.
To what end, no idea. I'm personally betting that it's a LTH, that the increased exposure we are getting that Max shares with us, is further evidence of the intentions of Bill and the Board to unlock value, as well as the day to day business on the ground.
The article above, is excellent and i'm sure we've all seen this happen before....
Feel free to play your own game, but for me, time in the market, rather than timing the market, is the basis of my success and ultimately with UFO and their project pipeline, i would envisage that within 12-24 months, today's investors will be sitting on tidy profits and wondering if/when an exit is appropriate. Plan that exit now, is the one bit of advice i would give, and stick to it, and walk away and come back and see where we are in 3, 6, 9 etc months.
It's tempting to check SP every few minutes, hours or days, especially if you have more than 3%-5% of your total funds invested here, but don't do it, it's only going to lead you to over trade, over think or lose out on exponential profits. Honestly, we are still in a bull market where profits are like shooting fish in a barrel and it's hard to lose money right now if you stick to the basics.
Enjoy UFO, these are the investments that are basis of long term wealth. I believe this will be my second last, long term investment i have made and will retire from the game. My attention now, is to identify that final long term LTH, not the individual SP movements of UFO.
Good luck everyone
Gotta be honest, not sure what i expected from this one, and i’ve been dissappointed ever since.
I bought £10k as part of the IPO and they’ve done nothing i can see.
Bishop Mandy, what will you be called in Amsterdam? Just to prevent any confusion. :)
5 million... :-(. No, im only at 4m... Feel left behind and useless....
Sorry, I was talking wider than AIM & UFO...
You are correct though - one does look for that 7am notification. :-)
Is it just me, or was today something unusual going on today in terms of sentiment. I don't want to be too specific on where/what or why, and tmrw well be a let down, but I feel it permeated all the way down to us here today and things moved up accordingly...
Probably wrong and hoping for the UFO liftoff, but just curious is it was just an odd feeling, or others felt it too.
Poli - I will still be going to Amsterdam in my 3 wheeler though
Yeah - been watching the price extension RNS's, which seem to trigger even more demand lol. 1.1p to 8p, 30th nov to 18th Jan... Niiiiice...
Our time will come, too many irons in the fire and Bill the Multi Tasker... Bodes very well for us.
But Kudos to those who were LTH in XTR... Someone said it earlier... Patience....
Barrett - some people try to time the market but I believe the research shows that time in the market is worth more. It what works for YOU that matter though - and ive found patience is usually a winner... Hard as though that it as time...
Slim - I feel your pain... I try and plan an exit before I enter... Struggled with UFO, because of greed lol.
944 - Yep.... Every share counts, especially on a parabolic.
Popping them in my Lucky drawer that held Tesla for most of last year. ;)
Just Added another 1m... Now i have 4m
Im liking the publicity we are getting lately on minor news, when the good stuff hits, ch ching.
Lots of things to be positive about, think we are going to have a fun 12-24 months.
Actually I was thinking of going from 3m to 4m tmrw.
China has been good to me, so i may take & spend some profits.
This share and this forum reminds me of those programmes on Dave, where they are dredging or excavating for Gold... There's always a miserable person or two who is creating drama and miserableness, trying to ruin the site for everyone for reasons only they understand.. In the program, 1 usually disappears, one wakes p and realises they have been a bit of a numpty.
Let remind ourself that if we are watching a programme, we have a new foreman, he is moving things forward, that we are only on episode one of season 2. I have every confidence that by the end of season 2, the miserable ones will still be moaning about something and those of us who ignore the naysayers, will be standing around with jars of previous metals.
:-)
The naysayers will still want to come to Amsterdam, and will probably be the last to buy a round and moaning that they've only made 750% since jan 2021.
Hi Wentsland... Fancy a sing song?
Cheers for that StarBright - wasn't aware...
DGR1980 - No excuses - I just dumped what I could into my SIPP - paid my bills - spent the rest. :-)
DGR1980 - Then you have a wiser head than moi. I didn't make use of my ISA Allowances until it was too late.. I knew the implications and the upside, but I always put it off until tmrw...
DGR1980 - Good shout - but watch out for the LA being at a smidgen over the £1m... potentially a 55% tax charge being levied unless you have a QROPS strategy to avoid it. Nice problem to have of course.