Member Info for EssexMatt

Nickel rose to the highest in more than a week after a court upheld a ban on exports of unprocessed ore from Indonesia, the world’s biggest producer of the mined metal. Indonesia’s Constitutional Court ruled that the policy implemented in January to boost domestic refining was acceptable to ensure supplies to the country’s smelters. Nickel has risen 19 percent this year, the most among six main metals traded on the London Metal Exchange and third-biggest gain in the Bloomberg Commodity Index of 22 raw materials. “The ore-export ban will remain in place, and it’s no longer a matter of legality,” Mike Dragosits, a senior commodity strategist at TD Securities in Toronto, said in a telephone interview. “This just continues starving the exports of nickel ore out of the country, and it’s probably helping give a little bit of lift to nickel.” Nickel for delivery in three months climbed 1.6 percent to settle at $16,595 a metric ton at 5:50 p.m. on the London Metal Exchange, after touching $16,698, the highest since Nov. 24. Citigroup Inc. last month forecast a global deficit of 62,400 tons in 2015, expanding to 103,600 tons in 2016.

I don't mind the odd backtest

Taking. Last time this rise to c4p it moved slowly over a period of weeks and profit was taken on the way up. Next year is the year to really show the market cap up

Lol

Sorry should read massive buy!!!

Silver is a massive but IMHO

Yeah, I've traded it and been adding to a core holding for a couple of years now as a long term play. Must say didn't see it falling this low but my average isn't bad and I still see huge upside. Thing is in the life of an explorer you will get these troughs but ophir have proven they can monitise assets by selling down acreage for large profits. It's the drillbit that's hurt them lately. Never bought any smdr stock although came close a while back. Truly think deal is in both camps best interests and hope to see some of you on the board over there soon. Gla

Think the market knew that already lol, your right on stronger dollar though I can't see it moving much higher. Interesting comments from Russia regarding build up of gold horde, stating dollar dominance

Proper falling knife ATM can't believe some of the valuations in the o and g sector. Madness cheap cheap cheap everywhere. Anyone with money they don't need for a while should be loading up on cash rich explorers, they have taken a hammering and oil price isn't even relevant yet. Global recovery (if it ever comes) will send oil soaring once more. Gla

All oil got killed last week, tullow got whacked hard too. Downward tread at ophir proving hard to break, need some strikes with the drillbit to confirm a reversal although 145/150p on the chart looks good for a bounce!!! Smdr need this deal all the more now oil is thinking about breaking down further. Oil looks oversold and it wouldn't take much to close gap between supply and demand

I decided to to take my holding up another 100 thou and missed out the day it jumped 30%. Still got a pretty big chunk regardless

You have trebled your target holding then Tracy??

After drop on news that bhp strike won't happen. Gold stubbornly remains above 1200 technicals also

And keeping the spread right

Traded already. Pretty much daily volumes for weeks

I think ophir need smdr almost as much as you need us, I'm a pretty big holder over there and I'm dismayed at what's gone on this year

Bit of forward momentum and the buyers with return. Nickel uptick again some strength returning now

Ii's control which way the vote will go. I think it's the best shot smdr holders have of getting their money back. Ophir has real potential from these levels. How much further can a co with bags of cash no debt and a nav of 2.40 go?? Throw in your assets and revenue steams into the mix and it looks even better

Some positive sentiment returned and a few new faces to welcome aboard. With regard to blackrock had dealings with that lot a few times and they aren't much different from other ii's, pretty much all crooks

Won't have anything to do with pi's institutions hold the sway as always