Member Info for DGR1980

Chrisatbirdies - I got a good while to go until retirement and the majority of my holding is in my pension, which allows me to look over a greater timescale for my investments.

I am now at the point where i have plenty of UFO and am using my monthly pension contributions to increase some of my other holdings. An added bonus of doing that is that UFO naturally becomes a smaller percentage of my portfolio and i can hold longer without feeling like i'm overexposed in one place

Chrisatbirdies - I'm in the same boat as you. I have way more shares than i thought possible, and have already worked out where my slicing points are, based on when UFO represents certain percentages of my overall portfolio.

Good while off still, but its good to have a plan

I really really hate it when people use the phrase 'firm believers' about investing.

Makes it sound more about hope than anything else

Smiller - And therein lies the problem with trying to time the market.

I had a top up at 47.5 a few weeks back and was happy with the price then. A dip in the short term didnt worry me

Quick pause while the sell orders at 0.5p are cleared and then hopefully a few more ticks up this afternoon

You do know these are warrants from a previous raise? It's not something they've just decided to do now

but despite Stevomining popping up yet again when we have a big blue day to whine about his "red flags", I'm happy with where things are.

We've got a BOD who are now heavily invested, thanks to being able to buy from a distressed seller. The amount of money that various company employees now have invested thanks to Artemis selling out is enough that it can't just be inferred that its a BOD member trying to boost the price temporarily.

I see good things coming over the horizon, we've never been closer to a strong cash flow.

Accordingly i have a bigger holding here than i thought possible, and will be holding a large proportion of them for a long time

Seems to be considerably more negative posters today than usual.

Must be news on the way

BenRumpson - Good question. There is no initial RNS about this that i can see where that is specified. I just assumed based on the value that this would be the case (approx £1,028,000)

Given the vwap would have been considerably higher when they agreed the deal a year ago i imagine they're sitting on quite a loss for the amount of work done right now. Its a reasonably safe bet they'll be holding them

Ipad - Has SD not earned the benefit of the doubt yet? If he thinks they're worth keeping on, i'm ok with that.

Or are we really thinking we need to be micromanaging things for him? I'm not Elon Musk and I'm pretty sure you're not either

Ipad - Yes. They were brought in to manage the option, and kept us that additional 5% of Hav. I'd say that was worth it

They were probably also expecting a much higher WVAP for the payment too when it was first agreed, as we would have been high teens sp at that point

13 mil shares as a payment for services around the 5% being kept

Lets see someone try to spin this as a bad deal

Dip - Given the recent shareholders revolt about the pay, i think Newcrest will need to go above and beyond their criteria for any M&A acquisitions, especially given they turned down the 5% of Hav based on those same criteria.

Wonder what the threshold is to get that email? How much of your portfolio do you need to have in a single stock, or in AIM to get that

Jamrock - Thats fair enough, but if you're not invested you don't need to keep on posting your opinion on TW. All it does is look like you're trying to talk your book.

If i'm completely honest i was expecting you to be right about sub 100p for a few months yet, and think we probably will again before the next trading update. I don't think we'll go as low as you think but can see 80p again before things improve. Thats ok by me as i'm trying to buy as large a holding here as i can, A buy sub 100p gives a potential 10% annual yield based on the current divi values, and as a value intestor that appeals long term as i have way too many years left until i can access my pension

Jamrock - the high of £2.50 was pre covid, and its been down to £1 and back to £1.80 between then and now

They didn't say they were stopping in the trading update the other day

AllWinnersPaid - I'm not ****ting my pants. I'm trying to convince myself that i can justify increasing the proportion of my portfolio that is UFO