Member Info for BradSmith

Upped it to 6c and it went through.
I quite like IG but they never seem to get in below your limit price, unlike X-O who do more often than not.

Can't complain - their commission of 10AUD for ASX is only £5.18 but was £5.50 not long ago.

My post to BTS is so rubbish that is cut and pasted on ADVFN.
The latest missive abandons Sekaname and us and now supports Anglo. You know the one's with Sirius Minerals on their plates! Their fortunes must have swung 180 degrees since this link ....
https://www.mmegi.bw/index.php?aid=58130&dir=2016/february/26

Does make me smile! Hee haw!

Got a buy on ASX waiting to be filled @ 5.9c , above the 5.4c - 6c spread, 3.055p equivalent is ok by me.
5.4c is 2.98p how low does somebody think our pi's will sink? I reckon we'll look back at this period and kick ourselves for not buying more one day.

He may been badly advised Chesh!
Mystic Meg was not infallible.

I'll keep an eye on them Chris but it comes down to timing.
Without knowing much about ARS , the boss said copper prices were down so I expect that will take a while to change.
In the meantime TLOU will hopefully have achieved our anticipated gas flows after dewatering concludes.
Once TLOU has reached a new plateau , with luck , there will be time to get a few ARS in time for a new plateau there.
Mr Manini does impress me as much as Tony so it was an easy decision.

Bit the bullet, sold my grand in Asiamet (time to buy now chaps for sure) for £875.
Remember they cost me 21k Tlou shares (that grand).
My anticipated reinvestment over the weekend was 28k Tlou based on the grand , and falling prices look dreadful but it has come out of the wash ok.

20/01/2020 ARS.L ASIAMET RESOURCES LTD USD0.01 Bought 42,893 1,000.00
10/02/2020 ARS.L ASIAMET RESOURCES LTD USD0.01 Sold 42,893 875.50
10/02/2020 TLOU.L TLOU ENERGY LIMITED ORD NPV (DI) Bought 27,693 875.51

So sorry you feel so desperate BTS, but glad you continue to have your sails ready for the trade winds.

If I told you that last spring TLOU bought up a company which had ..
1. an electricity generator powering the CBM site with self produced gas from Selemo their test well.
2. embarked immediately at producing their first production well at Lesedi.
3. that Lesedi is flaring more gas than they get from Selemo even though dewatering is incomplete.
4. that Lesedi is very likely to increase production once dewatering is complete.
5. in the meantime, speaking with Botswana about repeating the Selemo experience at Lesedi , rather than waste gas , install a generator and transmission lines and agree a contract for them to buy the resulting electricity pre-empting the contract for a bigger supply once #3 and #4 are operational, plus further wells at Lesedi and or Mamba.
6. that the price of shares is 3p currently

wouldn't you jump at it?
What the previous company did , certified trillions of cu ft of gas present, got agreements for most of the transmission pylons/poles, got the necessary permissions to complete the power production up to 100Mw, would be a bonus and the time taken would be immaterial.

That time is what frightens most doubters .... does it matter?

Funnniest RNS ever taking one line from the Nov 26th out of context.

"The entire CoW has been under explored by the Company as focus has centred on delivery of the BKM Feasibility Study. "

I see only 10% of Indonesians speak English so it is not the language for conducting business.
I also imagine some poor devil interpretting that pocast. 17 minutes input, 40 seconds of output?
Those twelve steps , 6 feet high?, will clearly take some time to climb - but we are on the 11th step so good news there.
Well done Chris your clipped version was perfect , so why did I watch from the start?
I like Andrew Scott who may not have done very well on "just a minute" despite the hesitations and repetitions galore.
Harping on here, and exchange has opened behind my back , I'll leave you in peace, sorry.

Blimey Chris, you really are a patient man if you struggled through to the end.
I wonder how long his wedding video is?
"Do you take this woman to be your lawful wedded wife"
I could, I might and all the reasons will have taken 20 minutes to get to "I do". If he ever did :O)

I have dabbled here after the Police cuts because there is a chance of getting a copper or two from this company, and they are like gold dust if you need one in some places. Perhaps I'll read the RNS pages - they might be more concise??

Two trades, totalling a grand,consolidated that 6.1c from 6.8c.
Nnot a coincidence, 6.8 * 90% is what some brokers set the ceiling at for limit price.
So somebody offered the lowest price that they could put in easily (you can get around it with a bit of thought if you are in the Madding crowd and have wool on your back and a Donkey chasing you). I'm Far from it, btw.

6.1c is 3.159p equivalent if Gabriel Oak (the name of the Donkey) still has some sheep following him.
I'm looking to buy today so anything below 3.159p will save me waiting for ASX to open tonight, if the is a benevolent lemming out there willing to throw his potential gemstones over the cliff.

There is 14 minute podcast for Asiamet out - makes TG sound like Richard Burton in it's presentation.
Had to turn it off after 4 minutes of saying they had relocated from Melbourne to Jakarta (Sanscrit .. Jayakarta translates as 'victorious deed', 'complete act' or 'complete victory') because their latest hopes are in Indonesia. I'll give it another go now I am awake, only 10 minutes left to suffer. I fell asleep during UFC , BT repeat was all 3 hours , I went to sleep during the girls match and came too during the post fight interviews. Luckily it was not obvious who had won or when. So I rewound and watched it BEFORE looking at chatrooms in case somebody posted the result on here. Followed Chris's link and that finished me off :O)

So IG show sp @ 6.1c , theoretically costing me £3000 on my portfolio.
9999 and 1 so really one buy I guess ,but no sells.
I taped Jon Jones UFC v Dominic Reyos last night - 6 hours of the programme.
Got to 2.5 rounds of 5 and sodding recorder stopped recording!
Taping the replay and watching it as it records in case it happens again.
Women's final just starting - I saw that of course.
Men's final looked terrific - Jones looks like he has met a dangerous opponent at last.
Jones has been world champ for 7 years (from age 23) - neither fighter has ever been beaten.

BTS, I bought back all but 21k shares in TLO.
In between selling and re-buying I put a grand into Asianet , another rocky adventure.
Not done too bad on that excursion , the grand from 21k TLOU would buy 28k @3.5p now, and ARS has not lost too much, but inevitably it is down now.
I think I might sell as soon as ARS are over 2.15p and top up St. Anthony shares.

PH has gone from owning 32.16% of the stock to 24.35% so he has dumped 7.81% of it.
Nothing like 42% of his holding more like 25% of it (say 8/32 or precisely 25.117%) 120M shares (474bn/4) @ £18 would be or £216M leaving with 360M shares (75% =3 x 25%) to keep the mental arithmetic easy.

I guess it is encouraging the institutions have been willing to buy these quantities, as long as their initials are not NW, paid with an IOU.

Is there a share that isn't bombing, BTS?
But the alternatives ain't great. Cash ISA rates seem to be 1.41% max for 1 year unless you want to risk property type gambles.
Tax free interest? What a crock that is. ISA providers are milking the system imho.
I get more on my current account for a few more weeks!

Are we going to get an RNS telling us a major holder is offloading? Or are those 1M shares spread across many pi's?
That seems unlikely unless there is a Freemasons lodge on here sharing something we don't know.

Another week passes ....

Just seen the latest RNS Doug.
On 31st then RNS showed a threshold was crossed with 31.59% of 474,318,625 from
Position of previous notification was 32.16% giving my £50M approximately (price received not known).

Another RNS followed showing 0.57% was now 3% , and today it is down to 24.35% , quoting previous as 31.59% i.e. from the 31st! So 7.24% which looks like 2.43% (3-0.57)as announced plus a further 4.81% , as you say a site more than the further £450M expected. Smoke and mirrors at work methinks.

Years ago , 60 odd, the Daily Express financial pages had the headline "Zip goes a million".
Coincidence was huge - there was horse running that day with the same name, and it won at 66/1.
My father would bet on that short of thing but didn't, much to his chagrin.

That day has turned full circle, over a million shares sold today, much to my chagrin.

I think I know where they live, both of them might have decided to spread their wealth in a different way?

https://www.birminghammail.co.uk/news/uk-news/bizarre-mystery-2000-bundles-cash-17558564

2p , it looks like there are no more planned. He sold £50M and now another £500M .... which I thought was going to be over time.
I wonder what price he got? £50M over his budget, a pretty one methinks!

The RNS will presumably tell us.

Liberum were not in the know I hope - over £21 with a buy recommendation now looks idiotic.
I'll let my money run, I only want a return better than 1.41% on my ISA and this stock exceeds £20 regularly.
Personally, I don't see the Woodford clients shifting allegiance - I haven't changed brokers after losing a lot of money on my investments. Movements here are quite extreme so the current price looks quite beatable in a fairly short period.
Unless PH does the dirty again, as you say, in which case the price will "peter out".

My first reaction is that he isn't to be trusted.

I know there is an old adage buy on a falling market and sell on a rising market.
It is alse 100% true that a bear market always follow a bull market, and vice versa.

Before you sell again , whoever you are , consider that not only is ASX at a higher price than AIM but the £ to $ fx rate is sky high at 1.92 , making the difference in price even more significant. If there is a news leak it is likely to be in Brisbane rather than London. I cannot believe people are selling right now at 3.5p.

https://www.xe.com/currencycharts/?from=GBP&to=AUD&view=2Y

Yes, the spread on IG is 7c - 7.9c (3.65p - 4.11p) with the closing price at 7.4c or 3.85p . My losses have tumbled from £10k+ to £4k+ including Peter Hargreaves (the H of HL) selling £550M of his holding. Price tumbled as a result. It is not funny, on Jan 21st, I sold my whole SXX holding and used all but £1k to buy into HL on the FTSE to get away from new AIM stocks, receive dividends and secure my portfolio - and he does that to me.

People jest about my view of St. Anthony but I think many a true word is spoken in jest. I wish I had stuck all my Sirius scraps into his hands but that seemed too desperate. Is not all bad news at HL ,the share price may have dropped over £2 from the peak since the 21st, but I can rejoice in receiving a 11p dividend fairly soon. Whoop no1 , or is it no2? , whooppee!

I wonder how long this was planned.
Cannot believe £550M would be found in a day somehow.
Looks like a done deal announced after the all the work was done?

These directors screw me all the time - his timing is immaculate I entered this arena on Jan 21st - why didn't I take the fast return at around £18.70 instead of trusting fate? All my SXX scraps went in here to get away from AIM for more security!

Well, he has £450M to go if the RNS was his first sell.
It is a collosal amount, but $500M is only about 3% of his original holding - it is easy to see why he'd want to spread his risk for the sake of future generations of his family. I'm surprised he allowed himself to have so much money in one company tbh.

He could have saved Sirius minerals on his own and imho looked after even more generations because it's shelf life was expected to be over a hundred years. Great Expectations (13th novel) was replaced by Hard Times (10th novel) - A Dickens of a mess whatever the order.