Member Info for gmed

Come now L200, let's not assume the worst of old Masterman. Perhaps he announced the numbers because he's been reading this board and realises how shabbily he treats his shareholders. He is deeply ashamed of himself and has now resolved to mend his ways by being completely honest with us in frequent operational updates. Right?

Ask any smoker who has tried low-nicotine and they'll tell you the same thing - they all smoked more cigs.

Chriss - absolutely right! I speak from experience.

Don't forget that there is water available at the mine site. There were a couple of wells supplying water for the limited production (of absolutely super quality tantalum, I might add, for those who weren't around during the old Kennedy days), but LJ realised that they never could supply water in sufficient quantities to allow enough production to make the place commercial with the large workforce they had at the time. So there's no reason why limited production couldn't start up again whilst awaiting completion of the pipeline. This would get the machinery operating, a new workforce trained, etc., plus bring in a couple of bob at the same time.

This is one of those companies that had great potential 5 years ago, has great potential now, and will have great potential 5 years from now.

Good heavens, GIT, I believe you're right! My cup of PG Tips confirms it and PG Tips never lie. (You can't trust a cup of Earl Grey, though.)

GIT bite your tongue! Don't you know a good RNS always sends the SP down?

MM is now a gazillionaire!

Funky, it looks like it's finally all coming together. One day in the not too distant future, mrs gmed will be telling me that I'm a brilliant investor, but I should have bought more kazera.

Much worse than the expense that was put into Balcombe, was that, as I remember it, we were diluted by some huge percentage (25% was it?) to acquire the interest in it. That was the real hit we took. I hope I have a faulty memory, but I fear not.

I see the move as having a neutral to mildly positive effect on the sp. The higher sp will make the shares seem more "respectable" to potential investors and might just attract the odd one or two of them. The real benefit, though, is that we will now be able to do calculations involving the sp without needing more than 10 fingers.

I'm not too concerned about which index Morrisons is in, but I am very interested in the fact that Amazon has just opened its first UK "no checkout" physical grocery store. If they decide to go full scale with the concept, they're going to need retail locations all over the UK and just about all of the good ones for groceries and supermarkets are already taken by one of the chains. So it will probably be a takeover, joint venture, or some other arrangement with an existing chain. Amazon already has a good working relationship with Morrisons and Morrisons is the right size, so it would certainly be one of the main candidates. I wouldn't be surprised to see the takeover rumours start up again after laying dormant for the last year or two.

OMR, great idea, but I suspect you just want to share that Nobel with safety.

Safety, that's a brilliant idea to put tungsten into the vaccines. Then, if people put their finger into an electric socket, they'll light up and won't have to turn on the lamp. It will save a lot of electricty and will be a key part of the energy transition. Safety, this is Nobel Prize stuff!

Csdi - thanks for sharing your dividend ideas with us. My own approach is totally unscientific, mainly due to laziness. The rules are:
- only work with shares I wouldn't mind holding long term
- the dividend must be substantial
- quarterly dividends are preferable , but interims/finals are also good
- the share price cannot have risen very much in the week or two before ex date
- buy 2 days before ex date (consider buying more day before ex if price falls substantially that day)
- when share price recovers dividend and broker fees, sell and use cash for next opportunity
- if share price doesn't recover, hold for next dividend

No, it's not very sophisticated, but it has been nicely profitable for me over the years. The great disadvantage of this approach is that if the share price recovers quickly, it's often part of a bigger upward trend and I lose potential gains. If the price doesn't recover, it's sometimes part of a bigger trend downward and I'm left holding the shares at a high price with my capital tied up (although receiving regular dividends helps). So I only use a part of my capital for this approach. But it is fun.

Nah, we only have glod.

I don't even want to think how the sp would react to BAD news.

Forget the glod - right now, I'm just happy to see tungsten and tin coming out of the ground.

True, but not really relevant. The only production number that says anything meaningful is last month's.

Pipeline financing done?