Member Info for HighlyGeared

Changedman. We've just discussed that question. Just look back over the recent threads.

Well, another little nibble for me this morning with the first trade of the day.

ShareInvestment. Thanks for the detailed reply. Holding 5m shares in JLP which has almost 10 bagged over the last year and a bit. Still holding there ,but looking for a new challenge and ADV seems to fit the bill. It's all about management, management experience and thirdly the asset, for me. Again ADV seems to fit the bill in all departments. I appreciate your thoughts on the potential deals calendar. I was concerned about how they proposed to finance two more substantial deals this year when potential cashflow doesn't kick in until 2023. So the potential for maybe two smaller non dilutive deals this year would make sense and make me more comfortable. I think I'll still check this question out with the management or brokers before committing further, but it all sounds very promising from very experienced operators. Thanks again for your view.

A newbie question I have posted on both bb's.

Bought my first tranche yesterday, as I really like their current project, but before committing further can any of the old hands here answer this question?

The board is in talks re other projects which it hopes to announce this year. Given that after the Buffalo financial commitment, ADV will have £5m in the bank, won't the commitments of further buy in opportunities by ADV, dilute existing shareholders to oblivion?

Having watched the Proactive interview, the CEO skillfully body swerved that question.

I would welcome any thoughts from the more longstanding/experienced ADV holders.

Samancor are now owned by a consortium including three multi billion dollar Chinese state backed companies including Sino Steel.

I also believe that the KItco pricing of rhodium is suspect. I use the BASF Engelhard Industrial Bullion (EIB) Price as a rhodium price guide. As a global chemical company they are way more in tune with the pricing. Currently showing a range of between $24500 - $25500. https://apps.catalysts.basf.com/apps/eibprices/mp/

Apparently it is not possible to print or discuss L2 data on this bb. However the mm's are just responding to supply, so there is rarely an mm conspiracy. Their positioning would seem to confirm they are responding to an overhang. Analysis is made very difficult here by the very small NMS, which means most larger trades have a delayed print. Such a small UT trade does not mean much. Its just an uncrossing trade at auction.

Looking forward to the results. The real current issue here appears to be liquidity, so its a very slow process for an II to exit. I didn't take liquidity into account with the timing of my buys. Hopefully they are nearly done.

The delayed 105k trade from 9am Friday was a guy from the other bb buying in. As the individual trade was over 20x the mm's normal market size, they have the right to delay the print.

Hey Echo.

Don't go. I'd happily walk the plank, however I have oilman filtered, so 'm sure we can all get along for mutual profit.

Regards

HG

Sorry Pecten, however I have no intention of putting anything of value on here ever again. After all I'm just some thick**** newbie who's trying to big himself up. lol. The pomposity of some of the old duffers on here defies belief. lol

By all means private message me.
Regards
HG

What a charming man JC is. So helpful.

oilmanmike. The one with the biggest mouth usually know the least. I'm interested in hearing from genuine investors, not a fanboy. If you want to know what a proper investment looks like watch JLP.

In the meantime I'll have a chat to JC who I'm sure will help.

oilmanmike.

Please don't be condescending. I'am a holder and have already checked out the other projects. Kintore's question is a genuine one. There is plenty of gossip about the right to a 72% holding, however can you provide the evidence. The relationship between BOD and Vutomi feels opaque which I would like to feel a little more comfortable with, before buying further.

Kintore.
Great question, which I have also been pondering over. I would also welcome hearing from any seasoned BOD veterans on that subject as imo it is not a clear as it could be. It's the one piece of info that I would like to be clear before making a decent commitment here.

Absolutely agree TBTT. It does however allow latecomers like me to load up with what looks to be a no brainer trade. Its amazing that people hold institutions in such high regard when they act in such a way, given that it happens so often.

L2 now 1 v 1

Been watching L2 and attempting to get a feel for the way mm's operate on THS. Every stock has a different pattern . I was particularly interested in who the lead mm is, and if they were handling the Fidelity sales. It's a bit more difficult here with the very low NMS and the very low volume, but thing look like they are beginning to stir. Currently L2 1 v 2.

It's been like watching paint dry here over the last week whilst loads of action from others in the sector. Hopefully THS will spark into life soon.

TBTT. I've been casting my eye over BOD. Not normally my scene, however it looks interesting following yesterdays news.

camdenlad.
I'm a happy lurker here, having bought in recently having watched them for years. My major concern was there Vulcan development which they appear to have sorted. THS are a really well run company and in the right place at the right time which bodes well for us all. I also like SLP.
However I also hold 5m share n JLP, and I know that TBTT is just talking his book. I have communicated with Colin Bird and Leon Coetzer many times over the years. Leon is the most capable CEO I have ever come across. Colin is coming to the end of his career. Far from hightened risk at JLP, their strategy of metal and jurisdiction diversification lessens risk. Further metal and jurisdiction diversification will follow, in the near future. Spectacular cash flow increases are showing through in all three companies which are all well under rated, however Jubilee's growth prospects are light years ahead of the other two. To cover all bases I plan to own all three, as they are all in the hottest sector around.
All the best.