Member Info for Gower

I think it will return to the rising trend. Just so irritating to lose money on this while unprofitable US tech companies are rising at silly P/Es. Sold half my PSN shares because of Labour, but wish I’d sold them all. The UK is not the best place to invest right now unfortunately. Holding.

Do you only have 30,000 shares?

It’s spelt Batiatus. He’s taken the name of a character from the TV series ‘Spartacus Blood and Sand’, who mismanaged his business and was slaughtered by his own gladiators. Says it all really.

Meanwhile, exciting times again for MATD.

It’s a fairly big positive. There is a real probability of oil from Heron this year thanks to a new agreement.

Professional I disagree nothing has been done. Having local permission in place that will allow oil this year is not nothing. Getting it signed and complete will be something more.

Me too. I think it will build to 10 and above quickly once operations are underway. I also think a placing will come around that stage, but that’s a later matter.

Professional you know very well that once signed this will be above 10. I’m glad they gave us this half way news though, it’s good to be informed.

Doc, the only thing that is stated as an obstacle to signing the local paperwork is the provincial government. But it appears to have a good chance of being signed, then all’s good to go. If it was already signed the SP would be up a lot more than 30%.

Buck can’t issue an RNS saying that Heron operations will definitely go ahead, because the provincial gov may block the local. That being said, this is good news because it gives a good chance of operations beginning in the next couple of months. Considering the SP while no permission was imminent, 4.5 - 5p would be fair here.

The price of miners depends on perception. Last BTC rise people thought miners would be hugely profitable. This time the halving is a fear factor.

The problem with this fund is it has too much that will be uneconomical after halving. Should have just bought Bitcoin or microstrategy. I speak for myself - I bought this to reduce risk but missed out.

I’m in Dagb too and it has been disappointingly slow. There’s no less risk in a fund because it slides with BTC. In fact it’s risen less than BTC and seems to be leveraged down! Should have bought Microstrategy.

I bought into this instead of ARB as it’s supposed to be less of a risk. ARB up 20% today. This should definitely be up because all miners are. Am £800 down instead. It also appears to have tracked the rise in miners previously… Has a miner gone bust or something? Holding, and hope it sorts itself out.

Say the land permit was granted in November, would winter prevent Heron operations? Would Heron have to wait for spring anyway?

It’s been a pleasure reading your honest views Ryan.

It’s sad that Rambler is where it is. So much potential in the copper grades. But the main problem is that profitability was always hit by the transport cost in millions, which fuel prices increased.

I didn’t have much left here because I thought another placing was a risk. Not sure what will happen now.

Will look at HZM!

Thanks

So… Spring 2023! Or maybe before.

Does this leave around £3m?

Bertram this is off topic, but more ordnance was dropped on Vietnam than Britain and Germany used in the whole of WW2. By saying how noble America is, you're not so different to a Russian who still believes Putin is just. All countries have their sins. In the 20th century, Britain has atoned for its past, while others have not.

If this gets to 20p, I'll get a Vantage.

Hertstrader74....... 7.45p
Bigbench............... 6.8p
Gower…………….12.6p