Member Info for Icarus69

I don’t see Mrs L buying £20k’s worth as being that much of a positive. My average here is 15p, can’t see this 10 bagging any time soon for me to break even. As far as the Lucans are concerned even if the share price recovers to 1.5p it better than interest in a savings account. If it drops, it can’t have much further to fall, and any loss could be put towards a capital gain elsewhere, so the risk is limited.

I’m kicking myself I wasn’t aware of the big drop until after the partial recovery. Should have set a low buy order. Still waiting on the sidelines following my sell from my dealing account and money transfer into my SIPP. Didn’t have massive amounts invested here (30,000 shares), but at current prices I’m looking at 42k. Massive buy to sell ratio yesterday, so hoping a few take profits today to get in a bit cheaper.

Take a look at any share price SY and it’s unlikely you find many that go up in a straight line. The au for you to think of this is your team is 1-0 down after 35 minutes but you know that in the remaining time they will get a number of gilt edged chances and half chances. Those chances are more potentially more than good enough to win the game if they are taken.

Impossible for anyone to answer that.

Agreed dh.

......a lot of newbies have been swept up by the euphoria of getting in on a share that’s been ramped to high heaven only to be left with a fraction of their investment once the share has been dumped. You need to do your own research, ignore people that post things like going up, about to break through, wouldn’t want to be out of this over the weekend, and also the derampers that constantly post negatives without info to back themselves up. If you’ve done your research and you know what the future prospects are for your investments you’ll be able to gauge better who’s information has value you can research for yourself, and who is trying to manipulate you to buy and sell for their own purposes.

Fresh Prince, You should look at Bushveld Minerals (BMN). Probably the most researched share on this site by a country mile. Let them know you are a newbie and they’ll repost research notes to get you started. Just be aware that they come down hard on people deramping the share, but you’ll be ok . I’m pointing you in this direction not as a recommendation to buy, but as an education into the kind of research levels some investors go through before parting with their hard earned money.

Not sure what’s so funny. Mcap currently just £2m, cash in bank, money coming in and stake in Stratex for sale exceeding mcap. 1p exceedingly achievable.

SYFreshprince, it’s natural to focus on short term price movements, but don’t worry about the daily ups and downs if you’re here for transformational news. Not many aim shares out there with such potential if you’re planning to hold. Rampers and derampers have an agenda to get in lower/ trade for a quick profit and get in lower etc etc. Personally, I’m looking for a lower entry point because I have faith there’ll be big news coming, but my funds won’t be available in a tax free account until probably tomorrow, but you won’t see me deramping. Focussing on the 15 minute ups and downs will send you made and push your stress levels through the roof, and you’ll have a tendency as a newbie to think other posters know a lot more about investing than you do (which the might), but they’ll only have MATD info available to them when you do, so take a lot of what you read with a pinch of salt.

No, not yet. Sold in my dealing account, then had to wait for funds to clear before transferring to my SIPP, then had to clear once in the SIPP. Hopefully available tomorrow or Thursday and sentiment still running negative so that I can get in as low as possible.

Sold all my MATD at 7.5p towards the end of last week from my dealing account in order to rebuy in my SIPP for tax free gains. Saw the price instantly rise to 9p? , discovered the funds not available to be transferred for 3 working days and then come Monday an RNS where we hit oil, yet I can still buy back at below my sell price. Go figure.

Just another 1491% and I break even, yay!

Good balanced reasoning Captain Stanley. Cause for optimism but not euphoria.... just yet. Ignore the rampers , ignore the derampers and look for the balanced views of which there are some. I’m sure holders are going to ride this out and those sitting on the sidelines can make a decision for themselves.

Looks more like a sell from a dealing account to an ISA or SIPP.

It wouldn’t be the first time Captain. Any rise in my dealing account would affect a capital loss I can put towards a capital gain on a property investment, so hopefully work out ok.

Sold yesterday in my dealing account so I could rebuy in my SIPP before any positive news. I’m keeping my fingers crossed for a couple of red days whilst I await the funds to be available.

I don’t know a great deal about Petrel, other than their link to CLON. Do they have potentially mouth watering assets that would entice billionaires to invest, or are they in it for Ghana ratification. If that was the case why not invest in Clon with double the potential exposure? Can see the synergies here and hoping the billionaires are mostly focussing on Ghana.

‘Expected by the end of August’.
I’m not going to get myself worked up on that date, and if it happens it’s a bonus.

In the 30p range. Apologies if already answered, got a few filtered ;-)

I’m also happy as a pig in muck at the minute with where BMN is heading and the share price. My average on 100000 BMN shares is 40p ranging from buys at 28-49 give or take a penny. With the possibility I will be able to port £11k into my SIPP before this takes off again, that’ll be @ 150000 for £51k dropping my average to 34p, and possibly have the funds from MATD to add to that in the near future as well to increase my holding and drop that average further still.