Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I have enjoyed this thread, it had been a welcome distraction.
Unfortunately I could not fulfil my ambition to join the Royal Marines due to a shoulder injury in my teens, the RAF regiment wouldn’t take me either. I still hold hope (even though I’m 30) that I may be able to join the Army to help with logistics as a TA but I am prepared for the eventuality of a negative response.
Gladly I now pursue a new dream of raising 3 children. Thank you to all that have served.
Kind regards,
Muel
MRRR it would appear you and I are in nearly the exact same position with our investments here. I feel confident in the information provided by the posters on this board and my fag packet maths.
I’d be delighted to reach the round pence in general on such a short timescale for myself. I would be tempted to pull my initial investment out at some point but I’d want a large holding to run for a few years and see where we go.
All the best,
Muel
Thanks Hawkes, yes I agree.
I think this is around 1/5 of my overall portfolio, GGP is more like 2/5 but a higher average. I have a couple of other strong investments but it is not my game to post everything everywhere like some =)
All the best,
Muel
I took the opportunity to cash out a couple of other shares today to put another £400 in here. Proud to say I am just short of 350k shares now, my largest ever holding in shares.
I’m looking forward to this one more so than GGP, only because my average is so low and believe the upside potential to be higher.
GLA
Muel
It’s been a long time since my uni days.
I’m listening..
We wouldn’t want to get in the way of you snaring Newbies for your quick 20-50% gain game MM. I’m sure the amount of influence you carry on these boards should reassure them.
Who was I to doubt you. When you dip out next week be sure to spam this board with where you go next so all of your follows can keep pushing your stocks up for you.
It’s nearly midday and I already feel like I need a beer with this kid. Hang in there LTH he will be gone soon.
Muel
Hold the phone. You mean to tell me that if I buy 30% of Hav off GGP, Newcrest will buy it off me for a pound or an additional pound?
Just trying to see if I can make a quick quid here =D
I’m not sure they realise you can just click on their names and see the rubbish they post across other boards. One of MMS selling points is spouting the stock he’s currently interested in over other penny stocks, like he’s got some sort of cult following.
Anyway that’s enough of that. Personally the price doesn’t unsettle me at all, happy for it to stay as is regardless of RNS or not. From a selfish prospective I’d almost like it to stay in this range until I get paid! Currently on 240k shares with ambition for more.
Regards
Muel
I wouldn’t get sucked into it MrNation. Strikes me more as a skittish early 20s who has just found some money to play with. If you see the way he skits across boards for 2/3 days pumping dribble you may see what I mean.
Offers no thesis to his guesstimates, purely goes off similar stocks in the market or the “feel” of the share. Then when someone posts something informational he’s all over them like a rash with his ramping none sense.
As soon as he’s made his 40% he’ll be off, I have no problem with you MM just keep the dribble to a minimum and stop trying to provoke respected board members. A lot here have put a lot more into this than you, if you are reaping the short term benefits you don’t have to rub everyone’s face in it. You could show some class maybe?
Regards,
Muel
MM I sold out of Rock today after a 40% rise yesterday and put it in here.
I’ll never sell GGP.
I know it’s not comparable but I topped up to 140k shares yesterday and I’ve topped up to 240k at 0.35p earlier. I feel very confident putting my money here, thanks all for the advise.
I just can’t seem to fathom the potential value, obviously the maths is subject to a lot of variables.
Yatch, CawCaw, Mr. P and any others thanks for your replies. My ideal out is obviously northward of 50p if we get there, I’m happy to sit on my hands a good few years so I’ll be around a while.
Regards,
Muel
So please correct me if I’m wrong on my fag packet maths.
Worse case if Essar are “clawing back” to 90% of the share of OPL and Shorecan only own 10% of which we have half; at 1.5bn barrels of oil say at $40 that would value us at 6.5p ish a share providing no additional costs etc.
I fully believe in this investment I’m just trying to gauge the prospect. My ambition is to own 1m shares if the boat doesn’t leave too soon. Thanks all for your input.
Muel
Would someone kindly explain the roles of Essar, Shorecan and COPL please, I have a vague understanding of it all but I probably should get more in depth seen as I’m now in 170k shares.
COPL the explorer?
Shorecan the foreign partner and Essar the financier / contractor?
Doesn’t have to be war and peace, thanks.
MUEL
MM, forgive me but some of your post history portrays You as a bit of a mad hatter but I value the honesty of your story.
Just put your money in here, chill out and grab a beer man. GGP is 50% of my portfolio (personal rules) but I trust it implicitly to deliver based on all of the great work I have seen in here since March.
Seriously though you are more than welcome here. I don’t foresee a retrace you’ve randomly predicted, and looking at your previous post on other BB data analyses isn’t your thing more “the flow of the SP”.
I’m not calling you out by any means, just be aware of what you have joined. It’s nice that you’ve gone to the effort to post “GGP” solely on other BBs but not necessary and I wouldn’t say it strengthens your case with the LTHs. Either way best of luck.
Muel
This may be irrelevant but I started an IG Invest account just to put a small holding on Antipa and Artemis. I’m not ramping one cent but I’m glad I saw the opportunity when I did, time will tell if it pays off.
On another note there seems to be a lot of energy in here this evening, have I missed something? I’ve been on parent duty the last 3 days.
Kind regards,
Muel
I can understand a lot of long term holders feeling slightly burned here but it all just seems standard practice to ensure company stability moving forward in my opinion.
Sure the SP may take a slight hit but I suspect it won’t be as bad as you imagine. Personally I was throwing another £250 on today, I was happy to go up to 0.4p and that still hasn’t changed.
Just look outside, the weather is glorious. I’m sure all will be fine by the end of the week.
Muel
Excellent time for a top up then.
Muel
And his father smelt of elderberries right?
Cumon seriously quit the diatribe. I have never seen so much bumf posted on a BB. I’m in at +3p, I’m not worried. What will be will be. If it goes to the 1p range I’ll top up, simples.
I don’t know what the aim is of all this back and fourth but it’s just an annoyance to be frank, I don’t think it has any impact on SP what so ever. So good luck with whatever it is whoever is trying to achieve.
Muel
This board is my new happy place!