The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Quady - if you really don’t mind I’ll choose to agree with whom ever I decide to…..really no need for the condescending ‘good grief’
I read your posts and from time to time you make valid points and I can clearly see your position - sometimes I agree and sometimes I disagree.
Without doubt you only form your opinions on precise actual wording of what is said or not said - (your prerogative) many times in the past I’ve read through reams and reams of your debates over the most minuscule of ‘actual wording’
However as an investor myself I like to also consider what’s not been said or what can not be said and from all angles - this provides me with my own vision and my own opinion which I’m comfortable with as I believe it gives me the most rounded of views
If I may kindly and politely state a condescending tone and repetitive drumming of the same message rarely influences or changes my opinion - probably the same for most I’d imagine
All the best
Your right though - all the main stuff about Solg was tweeted from his 6669 Acct - which no longer exists - but the tweets are there. I know the Tweet regarding the PFS not being needed very well indeed as it was myself who asked him about my thinking being it would be wise for BHP to wait for a PFS to appease their own shareholders ! ;-) ….he also said this “ They are the biggest mining company in the world. They don't have to explain a piddly acquisition in Ecuador to their shareholders” ….
Anyway I guess it’s by the by ….he’d be a tough cookie to reign in if he didn’t want to be …..unless of course it was in his interest ;-)
I can still see the tweets about BHP not caring about PFS, Tweets about BHP clearly playing games - which shows they must be interested etc etc ……could well be from others who have responded though ie - maybe chains of tweets are hard to remove …really not sure. They are deffo from him though - not a fake Acct.
Anyway parking the Irwin Acct mystery …just wanted to say I enjoy your posts TheSlug and a good few other posters here who still offer great observation and thought process ….such a shame it gets bogged down sometimes in some underhand tactics from a few …still it provides a laugh every now and then for some LTH’s looking in from afar
I can’t see a 6669 Acct - but can still see his tweet from 6days back on the 6666 Acct where he says ‘he will let the market speak when Solg sold to a major
I can still see the 6666 Acct The Slug, he tweeted a response to another tweet ‘Awesome’ to somebody 2 days ago - non Solg related. Granted I don’t know how to see if an Acct has been deleted ….anyway I’ve tweeted him to ask if he’s still about
DBW - I’m not sure that’s right mate - I can still see Warrens Twitter Acct so don’t think it’s been deleted. I’ve actually chatted to him on a number of occasions (granted a couple of weeks back since my last interaction). I actually find him very down to earth, grounded, articulate and talks a lot of sense. Certainly knows more than most of us…..I recall a post he made where he said this would all be wrapped up in seven mths or so - think it was a little tongue in cheek …..but along the way he’s been right more times than wrong
Hi Sean, all well my side and yep it has been a while. I decamped to Twitter with a small interest in Telegram …LSE can be a little hostile for me ! Lol
Plenty and I mean plenty of long term holders still with Solg (rightly or wrongly)
Think the price was around 19p last time we spoke ….I’m certainly one of those who buys when I get overly excited about any rise (the golden buy out carrot looms large in my greedy eyes !) - then I spend time fretting about what I have done on the regular retracement …..however all that said it’s still my belief that this gets sold for big bucks ….I won’t throw out my own personal target but I’m positive we eventually come out smiling
Your right of course about the extra 1.2b in circulation now …..with hindsight was probably always gonna be the way …..arguments for and against if NM should have sold us years ago (if the offer was there) ….would have saved us from this journey…..!
Anyway I’ve got 100’s of thousands of these little buggers now and like us all I want paying out on them :-) …….like everything time will tell
Anyway glad your good and make sure your in when someone rings the final bell
ATB
I’m hopeful that the BOD are confident to come through at the up and coming AGM - no begging letters this year. However I’ll give them my vote as if there is any chance whatsoever of giving BHP an upper hand in any way, even if that chance is remote then I’ll be voting against that ! Not overly impressed with the progress this year - but it’s better the devil you know for me
Glad to see Sean Hunter still posting always makes me laugh as more often than not he calls it correctly in his own Glaswegian style :-)
Anyway all the best everyone ….2022 the year of Rio
Hi Sean,
Hope your well mate....long long time no speak. I rarely post on LSE anymore after shifting onto Twitter and more recently Telegram groups. Made this a special visit to say hi to you though.
I do still read the messages on LSE but have stepped back from the day to day chats / battles / sniping etc etc
I'm still fully invested in Solg......still believe that just maybe one day they will pull something out of the bag which brings about an exit point but I'm certainly not as vocally supportive of the company as I once was.
Your points are entirely valid and the dilution has over the years caused limited return to investors - certainly over the last 5 yrs.......and before anyone shoots me down I'm fully aware of the rise from 1p-2p-3p-4p up to the 46p highs and what a journey that was for those lucky to be in early doors.......for those in since late 2016 however and for those who have chosen not to trade the share the journey has been pretty fruitless.
Without a doubt in my own mind holding a core and trading around that core would have been the way to play this with the hindsight we have now over the previous 5 yrs........will that be the paly for the next few years who knows !
I do know that we move at a snails pace, I do know that for all of NM's bluster and Hyperbole we haven't really gone anywhere, I do know we might have two Tier 1's .....maybe 3 !, I do know the elections went our way........I do know we are now all friends with CGP.........I do know copper is now in the $4lb range (we used to fret over it being in the 2's with an MRE set at the $3.3lb range ! Many things have gone our way and a good few against us as well.......but through it all a buy and hold strategy would have yielded a very low % annual return for time invested and risk taken.
I hold a good chunk of Solg but find myself questioning more and more about if I have really made the right choice over all of these years......might still get the big pay day.......but I'll hold my hand up and state Im one of those fatigued investors and certainly would have played it differently If I had my journey and time with Solg over again.
Anyway - just wanted to say hi - and to also add to any reading this that Sean does not have multiple aliases - he is not a basher - de-ramper or any of those things.......he does have his own style and is very much entitled to his own opinion and the board is better for his like (although id like him to lay off BnC a bit whom I also have a lot of respect for) - buy hey our differences are what makes a market and what makes the world go round
Hope all the LTH's make money with this stock..........in whatever way you chose to play it
DG
Behind you 100% Lotto on this. TB has brought this upon himself along with his sidekick JR. Hopefully this will in some way show that Directors in AIM companies are there to act on behalf of their shareholders.
My form will be returned to the email address provided immediately - I’m also assured privately that many other long suffering shareholders will be doing the same.
Thank you for doing this and standing up for the rights of the many
Fantastic Lotto - Right behind you with this - with my full holding of shares. Long overdue and appreciate its taken a great deal of background work.
They both need removing and the sooner the better in my book - too long have they fed and enriched themselves whilst adding zero individual value .
I look forward to understanding what you need and how we act and cast our weight behind this move
Thanks Wasa - your quite right about the Peel Hunt 'risked' valuation and I've very much based my next thoughts on near term targets with that report in mind , with a small dose of looking at some of the charts thrown up by those who can chart (my thanks to these guys and girls).
In addition £200m has a nice round ring to it. I do think this will be in part driven by investors not wishing to miss out on the next leg of the journey and looking to enter prior to finance news (however appreciate that some will only pull the trigger after finance is in the bag)
Like you my only slight concern on further delays could be Covid related - but I'd like to think that this stage can very much be done 'online' with zoom meetings and alike forms of communications. I'm not sure how much more 'boots on the ground' are needed for the finance piece - I'm also thinking a lot of that type of due diligence may already have been completed during the Lull in Covid towards the end of last year etc
If my first stage target is hit this Qtr then great and if not it'll be achieved a little further out - no great shakes - the most important thing is that finance is completed and well received by all so that the next phase of our journey can start in ernest.
DG1
Really enjoy reading all the posts on this board - such a pleasure not to have to search through a lot of the dross posted on other boards of companies I'm invested in.
I've been a long(ish) holder here of a couple of years or so now. HZM well positioned for short term, mid term and longer is my opinion. I'm lucky enough to have a low average of 2.7p and its my intention to take my original invested capital out at a slightly higher point - (currently thinking 13-14p). Then the rest can ride long and strong.
I know that finance (potentially announced in one big mega RNS) is muted for H1 of this year - obviously I'd love it to come in sooner rather than later but do we think that's possible or should I really be setting my timeline for that occurrence a little further out ?
Good Luck to all the investors here - and to those with huge holdings I'm convinced this will be a life changer for you
Cheers 1509 - I’m aware of potentially another 17-20m on top of mine who have not posted on LSE but I’m quite sure will vote behind Gareth - I’ll check with holders later today to ensure their votes are submitted
I’ve submitted my support 5.6m shares
I see my good friend Lottohopes has been posting on here recently with his excellent opinions and insights. If ever there was a gentleman to listen to its him, DYOR as he rightly says is of paramount importance. Its a throw away statement so often used on LSE boards by many of us, however its importance shouldnt be underestimated. Once you have truly done your own research these boards become interesting reading, they should never become your source of information. Unfortunately their are so many people out there who will want a shareprice lower for all manner of reasons, these people can often easily be spotted as they are almost 'clown' like in their approach, however their are far more sinister ones who are well researched and will come across as very believable. There are traders, shorters, those working for Directors who may want a price supressed or even decreasing in the short term (sound familiar), there are those working for competitive companies....believe me it all goes on out there. Only your own research will shield you from the nonsense - read up about Volz, read up about the new P2F Director, look them up on linked-in, look up sales figures, read up about their history etc etc. I know its time consuming and for some maybe even a little alien (I too have often been lazy, stick some money in stock 'X' and then hope and pray I called it right - on the basis of 'X' posters hunch/direction - sometimes I got lucky and often I didn't)......but with research you can have the conviction to hold.
I for one thank Lotto immensely for coming onto LSE and posting and sharing his research, he used to be a regular poster on LSE but like myself grew tired of the nonsense, but he is sharing his research and time with you guys and girls now and I'd like to hazard a guess as to why.....because he is honest, genuine and caring, unselfish and a man who will stand up to what he thinks is right and proper.
I am a long term holder of RMS stock - I absolutely despise what I think a number of the RMS board have done here with this share - but its done now and nothing too much we can do about it. Gareth and P2F will prevail, the masks are fantastic as are other things contained within the P2F stable.
News flow will start again soon, this is a painful period for those caught out in the recent past, but the future is incredibly bright here, so buy, sell, hold do as you all choose but above all else...........do some research and ne led by your own research and findings.......in time I hope you share back on this board what you have learnt for others to benefit from
ATB to all genuine investors
My votes have been cast and I back the BOD and all resolutions.
Ant that haven't voted Id urge you to think carefully and support by way of contacting your broker (My experience with Best Invest was a simple phone call and took no more than a couple of minutes)
I don't want anyone getting their hands on our assets for anything less than maximum value - I believe my interests are aligned with NM and as such my vote is cast.
I've never experienced a company reaching out to its shareholders by way of letters/calls etc, so I guess its going to be a close run thing - certainly don't want CGP acting with any other third party to get their own way - so votes certainly count.
Have a good weekend all,
DG
I don't know Paul Ryan personally but he has been supportive of RMS for a number of years - dipping into his own pocket for various raises along the way (of course at a discount so I'm not saying he's any angel) - all of this was pre P2F days, way back before P2F acquisition was even on the table. So anyway on the 10th the directors PR and TB awarded themselves circa 38m shares each on the drop at 1.4p - the drop caused by Pfizer ....a gift to them from the vaccine gods ! Those options were free to exercise/trade immediately so it was somewhat inevitable that they would be sold in a short timeframe (or they would have self imposed date restrictions added). So PR has had a couple of million out, maybe repaying some of the money he stumped up to keep the lights on at RMS over the years - with a chunk on top of course as his bonus to himself. This is all in my humble opinion by the way. Anyway my point is none of this really detracts from the story unfolding in front of our very eyes here, company is solid, Gareth Cave is solid and hasnt sold any of his circa 20% (to my knowledge), the only other sales have been cashed warrants (remember those cashed warrants are likely paying for new machine(s) ), and of course TB's sales through BRH to fund their ongoing activities. Whos to say that PR hasnt bought himself a little bit of trading cash now and quite possibly is buying a few back. Anyway lets hope the decks are cleared now for positive news / meat on the contracts and a very real upward re-rate towards a value that is correlated to 'worldwide' licensing deals. Just my opinion on all of this and I continue to hold my pot which is in the millions of shares.
Yes Liquid1 - it’s officially from Trevor Brown. I’m part of a group of investors within a private Twitter RMS group which has Trevor Brown as a member.
I’ve been invested in RMS for a couple of yrs now check back on my posting history for clarification
DG1