Member Info for Horult

I learned some charting and months of 'practice' before trading real money- and then started, and had been pretty successful, at swing trading in 2019/2020. Then in 2021 decided to get a lot more involved in shares and put more money in. Instead of carrying on with what had been good for me....I changed tactics and 'invested' instead in a bunch of miners and green tech companies hoping to ride the growing green energy/EV trends. Made a big mistake there. Slowly recovering my way out of it, averaging down/selling in and out.

I would have been much, much better off if I had carried on with my swing trades. I am mostly doing just that now but still have too much money tied up in these dead dogs. Hopefully I'll have a good recovery this year though with some of the recent movers. 'Investments' are for FTSE companies only🤣

Yeah down as low a 0.3 another one which has been in my bottom drawer for a few years. So I do check in on it. I averaged down a couple of times but still need 2.4 to break even.

Fell foul of a few big fallers in my early buying days 2021. Learnt a lot since then. Nice to see some movement though with PREM, CORA, XTRA, VAST, MATD. Hopefully TM1 and PHE join the party this year too🤣

RNS at XTR some nice drill results there, decent copper grades and enough silver by-product to pay for it by itself.

very early drilling days mind, long way to go

Some nice drill results there

another dead dog finding a bit of life off very longtime low

Work tends to not get started till June, so time for a plan to get drawn up now that they know what funds are incoming from the sale. So it could drift a bit for a couple of weeks. Will they go slow and just use these funds for drilling - I doubt it. I imagine they will strike fast this year. Hopefully they get a JV partner with deep pockets rather than raise/dilution though. Hope to at least see sand screen on Heron 1, re-evaluate H2 and drill H3 & H4 this year. I don't think that is too much to ask for.

Nope didn't sell. Did not get quite to my break even. Though with sales money to come in May and surely a printed 'plan' for the year to come soon I am hoping it will steadily climb over the next few month.

How's that for a monster late printed trade, just came through today

25-Apr-25 16:37:11 0.5275 148,500,000 Unknown* 783.34k O

I was planning on MATD news dropping before ALL, so put in some average down funds - which will go straight across into ALL and hoping that plan works out.

My break even is at 2.41 so I wanted a big spike today. So close - I'll get some averaging down funds back!

More and more Titanium being found adding to the monster.

They have over 25,000 barrels in storage, so should get a nice chunk of dough when they sell it in May

Anticipated that Petro Matad receive $40 of net back on oil sold at $70 per barrel

Heron 1 is doing 200 barrels per day at the moment but they should be able to increase that. If they go higher they start getting sands in the mix, so they have choked it back for now until they get sand screens fitted.

Will be nice to see what the works/drilling plans are for this year.

Hopefully a nice big spike today!

They never got it to work correctly. That is the most recent changes required, putting in fabricated inserts as the low cost fix. Buying an additional float circuit as the expensive fix. That was what a raise was being done for to fund that and further test runs - but the raise failed.

This new raise on the back of glencore name drop is hopefully enough to get over this hurdle. But no mistake extra funding is required, they have bills to pay and not paid staff for months.

Best case scenario, fixes work, plant produces sc6 consistently, glencore are happy and buy in with much needed funds.... But if any of those go wrong...

If I was not in on a free ride I would not be buying in as an investment. But there could be some spiky trading opportunities.

Not ran since june

Plant has never produced sc6

Tests from the ore done in lab have allegedly made sc6

Still big risk there. If they can get the plant running and it's the required grade great. But either of those can be wrong and then glencoe will dissappear.

They've been trying to get operational for 2 years, I'm not holding my breath for it ;-)

No buying for me Dai I am locked in way up at 0.37

Its on a free ride though so just leaving it

The further implications following this - will Vast soon be able to start their diamond mining operation again now that the government may finally be back onboard......

Interesting to see where it ends up. Have had a number of updates to their projects seemingly being set up for a better future. The value of the diamonds was previously estimated to be around $18 mill if I remember correct and market cap right now is still only £11 mill so in theory still plenty of room to move upward.

DIAMONDS!!!

finally after years.

those recent buys look very suspicious now eh...