Member Info for Jhaylock

I hoped we were through the worst, but with Portugal going from green to amber, how can run an airline company with all the logistics involve when you don't know the situation from one week to the next. Jet2 will be a good long term investment when the government get it's thinking strait, but in the meantime I will be putting my money elsewhere.

jhaylock

At the market price instead of issue fee shares to themselves.
Very interesting share with a good record, the assets are Bilboes gold that they are in the process of selling for four time the purchase price (£20 Million), Polar Advisory hold 2 percent silver royalty interest in a Poly metal silver mine first production 2024, Tungsten West old Wolf mining assets, spent 200 million before going bankrupt, feasibility study done on reopening the mine looking for backing to the tune of 30 to 40 million (Worth reading the Baker steel study on this mine), Cemos a cement company Morocco in production but doubling next year before BSRT will then look to sell.
If you are interested do your own research, the above is from memory and might not be 100 percent accurate, but it gives you some idea in the type of management you are buying into.

jhaylock

I have sold my holdings, not that I think there is any danger to Ferrexpo, but it will dent sentiment for a few weeks and I have sat on my hands and watch my capital being eroded in the past .
I will be buying back in because the company is well run with top fundamentals and there is no better long-term investment.

jhaylock

Sorry should have been on the Scania thread

Jhaylock

Westport Fuel Systems WPRT recently announced that it will commence a research project with Scania to apply its high-pressure direct injection (HPDI) 2.0 fuel system using hydrogen to the latter’s latest internal combustion engine (ICE). Preliminary test results will likely be out in the second half of 2021.

It was only a buying opportunity if you could trade, tried to buy for 10 minutes at opening, keep reducing investment amount no takers.

jhaylock

I have only been in the stock 2 weeks, I have been interested in hydrogen stock but it always seemed a long way off delivering, but plug power have a viable business model in replacing fork lift batteries with hydrogen fuel cell. The existing fork lift fleet about 6 million world wide plus 1.5 new fork lifts a year gives a big room for expansion. The battery forklift days are number, to run a three shift system you need three battery packs, at the end of each shift you have to change the batteries, using a over head crane, the battery tray is very heavy, remove the battery and put it on charge and replace it with a charged battery for the next shift takes about 30 minutes, during the day the forklift runs slower has it discharges. The hydrogen fuel sell takes two minutes and lasts the whole shift on full power the hydrogen fuel cell lasts about 6 years the battery packs 3 years. The battery fork lift are ok if used lightly, but Amazon, Walmart, Home Depot are already using hydrogen fuel sells and Asda, M and S are trialing in UK. The fork lift is bringing in revenue now but is only the start, heavy Lorries, Local delivery vans are being targeted with hydrogen refueling right a crossed the USA. There was a comment about there not being much interest on LSE boards that is because it is a US stock, if you look on Yahoo Finance there is more than 500 posts a day, and zero on Greatland Gold. I am 55% up in a week and I would expect a dip in the share price but with new announcements promised in the next few week I will hold.

jhaylock

I have been investing in AIM O & G and mining stocks for the last six years, lost a lot at first but pulled a lot back but it has been a very bumpy ride. I have been in and out of ARCM for the last 2 years mostly because of Nick von Schirnding. I had shares in company called Asia Resource Minerals, Nat Rothschild had invested £650m of shareholders money and basically got mug out it, Nick was bought in to retrieve some of the money . I was very impressed the way he conducted himself under extreme pressure he stuck by his principles, in the end he resigned because he would not compromise those principles.
I have no doubt the interest of the small investors is in save hands and we will end up with the best deal possible.

jhaylock

themuir01:
I sold a long time ago, and won't be buying back.
Just because the share price tanks does not mean its a good buying opportunity, just the opposite, look elsewhere to recover your losses.

jhaylock

themuir01:
I sold a long time ago, and won't be buying back.
Just because the share price tanks does not mean its a good buying opportunity, just the opposite, look elsewhere to recover your losses.

jhaylock

Kept in the dark and fed ballsh@t
I know a lot of long term holders are angry, I was up £30k but put it back in and lost it, RT and the board knew this was a dead duck, and held back information from the PI’s while leaking the information to the shorters, the SP movement does not make sense if this is not true. The share price went up by 6 percent and an RNS was rushed out to say the board did not know any reason for the rise, there was plenty of reasons for the fall, but the information was not released until recently.

jhaylock

Pure Gold
Very High grades
Big backers : Eric Sprott
pouring first gold 2020.
SP on the rise.

Been tracking ARCM for two years, been in and out quite a few times, bought back in after the RNS stating the deal with AA and topped up this morning on hope of good news this week.
Shortly after my top up, I saw there was a 14 day subscription for Investopedia, I signed up, and to try out the APP I entered ARCM , the rating they gave was 2 out of 100 and declared it has a sucker stock. Hope Anglo American do not use the APP, it shows there is no short cut to finding good investments, a CEO you can trust, assets that are at premium, and hopefully a bit of luck.
I got a feeling we will not have to wait too long for our reward.
jhaylock

The share on H-L as been impossible to buy, I either fail to get a quote or a price is given I except the deal and a message comes up the order cannot proceed. Why don’t they put the price up so buy and sell balance? I think we all know the answer to that the MM are collecting shares to fill a big order from a “valued client”.
jhaylock

Dr Trice from his time working for Enterprise oil came up with the theory for developing fracture basement, and for 5 years I invested in Hurricane.
Dr Trice has plenty of theological knowledge but realized to prove his theories was going to be expensive, not for him but the investors who backed him.
A lot of oil companies have look at the Hurricane data and have not been that impressed, except for Spirit Energy and I cannot see anyone following their lead any time soon.
I do not believe Dr Trice left because he achieved his goal, I believe his model was being questioned and he is not the type of man you debate with without him getting upset.
Dr Trice has never seen a through a large fractured basement play to full field development, and the geology of the Rona Ridge has beaten him, I believe the nonporous matrix and the lack of a uniform fracturing has meant a FFD to be high risk.
I am not invested now, and I will not be buying back in until the situation becomes clearer.

jhaylock

Bad decision making?
Halifax : Mud weight too high, Why no addition news?
Warwick : Two un-commercial Lateral, Why not a vertical first to decide on the optimal lateral position?
Lincoln: Found Commercial oil, Why no “Tie Back” licence in place before drilling?
Lancaster: The ESP was for the two goals, The first was for the project to pay for its self and create revenue to pay future exploration, the second was to collect data, the data collection carries no risk because it cannot be measured.
The creation of revenue shows more the performance of the decision making, the well initially produced above expectation but the pump should have been in place in case needed, they are still not working a year later.
The wells were drilled so close together that are acting has one this has cut the production rate and data connectivity between two well must be dubious.
Most junior oil companies have got some form of hedging I am surprised Hurricane has not.
I know it easy to be to be wise after the event, but Hurricane board are payed to be wise before the events, the trouble with junior oil companies are they have not got the luxury of making mistakes, soon find them-self between a rock and a hard place.
I am not in Hurricane now and not looking for a lower entry price, if I buy back it will be at a higher price but less risk. GLA

jhaylock

I am out of Hurricane after 6 years, I have been up £30k twice only to lose it again, to me Dr Trice is just another AIM CEO selling a story to feather his own nest.
He expects investors to back his theories, when he does not put is hand in his own pocket, he has made plenty of money from a cushy job while losing money for investors.
The share price movement has shown signs of information leaking, for the last 6 months this board has been commenting on unwarranted drop in the share price, know we know why.
I have not lost too much because I have made some good trading decisions, I hope no one has lost a large amount and those that have get it back, God knows you deserve it.
jhaylock

Wilhelmshaven refinery Higher Price than Rotterdam?
The Petroalantic is only partially laden according to marine traffic app, you must pay 99p for the information.
BP might send small parcels to Wilhelmshaven because it is only partially in operation.
HES reopened the German oil refinery mothballed since 2011, ahead of IMO 2020 shipping rules.
HES needs low sulfur oil for the refinery to meet the 0.5 percent sulfur content, and probably pay a premium above Brent.
That is probably why BP is alternating oil refineries.

jhaylock

My gut feeling is that the share price is being manipulated down to make a low offer more palatable from a low base.
The same happened when the 32 pence placing was made, they walked the share price down then announced the placing a few percent below the share price.
If it was a hostile shorting of the shares the board of hurricane would have done more to protect the share price, they have done the opposite. Without an RNS to the contrary the EPS is going to plan, so why not announce that in a footnote on the last RNS? Why did they issue an RNS title “In response to speculation” at 10: 51 am because the share price was rising, but nothing for the months of adverse speculations to stop the share price dropping?

jhaylock

HES to resurrect German oil refinery ahead of IMO 2020 shipping rules.

HES International to partially restart a German oil refinery mothballed since 2011 in response to new restrictions on marine fuels, a new cap set by the International Maritime Organization (IMO) that will cut the sulfur content in shipping fuel to 0.5 percent from 3.5 percent from next year is set to be one of the biggest fundamental events to hit oil markets in years. HES said it had “reached a tolling agreement with a customer,” but declined to comment on the parties involved.
The new IMO rules dictate a massive shift in oil product slates from higher to low sulfur, the economics are shifting and oil companies and traders are resorting to creative ideas to meet the new demand.

Hurricane Premium Oil , Premium Price.

jhaylock