Member Info for Bristolian

Thanks Shez86 I have noticed that some stocks don't show up on the LSE riser board or show their RNS when issued, which is frustrating but that's technology for you! ATB.

Apologies, meant to say below that my current share holding value is 20% of the cost price.

Good evening all. The other day I did a big review of average purchase prices against current share prices and out of all my holdings DEEP has been the worst performing. Average purchase price is about 20% of the current purchase price. Tom Winnifrith is also extremely scathing of GB and believes there will be a placing end this year due to cash burn. TBH Share value is not worths selling at the moment so I will keep hold of this and try and hope for a LT recovery. No doubt it will drop further in the short term. Sorry, not trying to be negative but I haven't got an awful lot of positively for DEEP at the moment. ATB.

For some reason todays RNS didn't show on LSE. Did anyone else have this problem? The results are pretty underwhelming but they represent slow and steady progress. This is a slow burn situation. Hold for the long term and take opportunities to modestly buy upon weakness and average down. I'm certainly not going anywhere. ATB.

In my experience most (though not all) awards or judgments are written in a way that make them practically impossible to appeal. That bodes well for us.

Apologies for typos but think you can see what I'm saying.

It's great that you're so candid. My current average is 121p per share. I believe in BOO long term and there will be dips in the short term. I'm not invested much atm only £4l but I agree what you say about no pony in selling if your purchased price average is a small fraction of the SP. There are a couple of shares with which I am in that position which I have placed in the SH*T bucket.

I'll continue to quietly and steadily accumulate over time. I'm certainly not going anywhere! ATB.

Having read through it seems a very comprehensive update including continuing to set up infrastructure for the future. The potential here is truly significant for LT holders.

I should have added that once the arbitration award is published I'll be going through it with a fine tooth comb and will share my thoughts with you. ATB. Bristolian.

Hi all. The typical route to appeal is via an error in law or procedural error by the arbitrator in reaching their judgment. An appeal cannot usually be made based on the facts incorporated within a decision. Therefore successful appeals are quite rare. However given the amount in dispute I would expect Italy to appeal anyway and throw everything at it . Just because Italy May appeal it doesn't mean that they have legitimate grounds. Realistically therefore this legal process has a while to go until the judicial process is finished. However it's looking very good for Rockhopper and it's piqued my interest - I am in!

MMs want your shares. It's another tactic of theirs. Keeping share prices in the doldrums for a long time then give holders a rise for them to sell through relief.

Yes I agree Golightly. If that is the case and Roast PR is next on the shopping list, who will be next on the list - Coco the share clown, Mickey Trader Mouse ? Tom Winnifrith is having a field day.

Yes agreed, what an absolute farce. Is this opportunity really the best out there, or a convenient plan to line one's own pockets at others expense? Also, where is the independent valuation?. The whole thing stinks in my view. From whichever viewpoint you take, this has got to be one of the grubbiest deals ever.

Most probably a similar issue to AO.I found the following online which seems a good description of the general issue affecting credit insurance A withdrawal of credit insurance can deal a big blow to a retailer. Suppliers use insurance to offset the risk that customers that buy on credit might collapse before paying for their orders. When credit insurance is cut, suppliers typically respond by asking customers to settle their bills upfront instead, which puts pressure on a retailers cash position.

Hi all, I have been alerted to this share and have spent today doing a lot of online research on it.

My conclusion? This is exactly the type of explorer that I Invest in -
* drill results so far very promising
* massive potential in largely unexplored Kazakhstan
* fully funded for continued drilling "well into 2023"
* are actively looking at other initiatives and have entered into a recent farm in for heavy rare earth opportunities
* very low mining costs
* share price currently below IPO value
The only negative side I can see is the civil unrest at the start of 2022 but that seems to have calmed now. CEO has his family in Kazakhstan and he considers it stable.
What not to like for a long term investment?
I'll be making an initial investment on Monday.
All the best,
Bristol

Todays Easter Monday Sunday Roast is a round table with Sovereign, Blencowe and Capital Metals focusing on rutile and graphite. Highly recommended listen to this group discussion which lasts about 45mins from which I have learnt a lot. I am invested in all three miners and will continue to add to my holdings particularly with SVML. Very exciting times!

A very exciting stock. I’ve listened to several recent podcasts on SVML but think this was the best. I’m in this for the long term and will add to my position as time goes on. Happy to lock this away in the bottom drawer for 2-3 years. I’ll be very surprised if this isn’t taken out by a major before then. All the best and happy Easter.

Cheers Noob67. We’re probably less than half a mile away from each other. Enjoy the sunshine!

The operating netback was $43.97/bbl.

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