Member Info for geek233

Talking of "some", where has Penny disappeared to? Under a pseudonym no doubt... Seeing as Indonesia supply 20% of the world's Nickel, and the level of production will be reduced from around 41 million tonnes to just 9 million tonnes. A 78% decrease... The Nickel will have to be obtained elsewhere, but whether this will change the SP, who knows. Maybe by a small margin, from what I have read through. I guess we'll just have to see how management gets on, hopefully better than last year! We haven't heard anything from TALV as yet. Just waiting for an RNS, as many others are. When do they re-assess? 27th Feb?

Hey Corbs, do you think the Indonesian Nickel ban will have a positive impact here?

Here's another update. http://www.reuters.com/article/2014/01/07/indonesia-minerals-ibris-idUSL3N0KH1K020140107. Surely, the price of Nickel will rise if production is halted in Indonesia?

http://www.straitstimes.com/breaking-news/money/story/singapores-ibris-nickel-stops-indonesia-ore-mining-ahead-export-ban-201401 JAKARTA (Reuters) - Singapore's Ibris Nickel said on Tuesday it had temporarily stopped operations at its 2-million-tonne-per-year nickel mine in Indonesia, amid uncertainty surrounding a planned ban on unprocessed metal ore exports. It is the first company to announce it is putting operations on hold pending the ban. Almost all miners are taking a "wait-and-see" approach to the ore ban, Chief Operating Officer Agus Suhartono told Reuters, adding that the government had not provided any clarification of planned new processing requirements due to take effect on Sunday. "If we are in production but we don't know how this will pan out, we need to be very careful," Suhartono said. "It's a last-minute call."

In theory, this should boost the price of Nickel elsewhere... "Indonesia, the world's largest mined nickel producer, wants to ban exports of mineral ores by January 12 to push miners to do the lucrative work of refining within Indonesia instead." http://www.channelnewsasia.com/news/business/impasse-over-indonesia-s/932092.html and here: http://www.reuters.com/article/2013/12/27/indonesia-metals-idUSL3N0K61W920131227

Merry Christmas all! Let's hope for a prosperous 2014!

Hmmm, not sure. It's the same on iii.co.uk… Google and lse say around the 600p mark

I got in at 4.98 and it was fantastic to see TALV hit 10.30 yesterday. I didn't sell either, but no regrets. I have faith in TALV and things are looking up. The news of reorganisation going ahead is a huge relief! I thought we would hit 12-13p by the end of the week due to the massive surge of yesterday, but with shareholders skimming and day trading, we ended back where we were on Tuesday. In my opinion, I don't think there's reason to 'hit the eject button' as there hasn't been any bad news… We'll just have to wait and see what tomorrow brings. If things go smoothly, there's no reason why TALV couldn't hit 15p in the coming weeks. Look on the bright side - at this point, a lot of us are still up on our capital and hopefully more of us will be! GLA

I got a dummy quote at 6.54 just now for £10k

I love the optimism and who knows really? It's all just speculation, but we cross our fingers for more good news :)

The fault would be selling too early. 10p is just the start. I think we're lookingat 12-13p by week's end.

Penny, hush your tongue

I was in at 4.98p, so I'm very happy. It's has a lot more potential though. Not worth selling this side of Xmas...