Member Info for JohnLewis79

Morning star786, for sure more cash will be needed whether provided by a partner or us via placing/rights issue. That's not helping the sp. I have participated in 4 rights over the years of which 2 did not work out well for holders, one busted out and the other was a gainer. This makes a result in India ever more crucial.

I know MB says we should concentrate on WA but I'm not entirely sure the mrkt believes him. I think he deserves our support.

Just when you thought it was safe to go back into the water the stock slid sub 10 as sellers once again outpaced buyers by 8:1 yesterday.

Ytd PAT runs down c.25% while Gold is up c.8% so no correlation between the two. In fact I'd guesstimate Bhukia is responsible by c.7:1 for PAT hitting lower lows on a weekly basis.

Not good obviously but punters are chancing their arms selling out pre 28/3. Way too risky for me and I'm inclined to add to my last price of 10•4 having initially bght at (18) three hundred and sixty five days ago.

The stock I dumped to get in here is up (139%) while I'm showing a paper loss of c.25% here......that's a fair chunk of cash down the pan. PAT would need to almost double to get me back to break even. I believe it can.

DJ +654 (33,286)
SP +107 (4278)
NS +455 (13,742)
R2 + 27 (1301)
WTI $111
10ytb 1•944%

MSCI(W) +84 (2882)
Gold Bugs -5 (311)

Latest:- Oil $115. Vix 32.
Gold $1985. Copper $4•617.
Palm $2010. Silver $25•870
$1•317. €1•191. Yen 116•110
Yuan 6•320. FF +24. DF -86.
Morning all.

Latest:- Oil $130. Vix 35.
Gold $2064. Copper $4•711.
Palm $1825. Silver $27•210.
$1•311. €1•201. Yen 115•756.
Yuan 6•324. FF +70. DF +81.

Don't want to jump the gun but for the first time this year PAT buys outpace sells. Of course selling never stops but it could just be buyers will be getting the upper hand. If the jobbers have been taking on stock they should have a decent supply to satisfy demand if our PL is granted.

The oil sector has significantly underperformed oil futures & the S&P 500. Morgan Stanley analysts reckon if oil stays above $100 there is a potential 35% upside to companies ebita. There is a correlation between oil and gold in that as the OP increases this puts up transport costs etc.., which adds to inflationary pressures leading investors to buy safe haven assets like Gold.

Gold has lagged Crude & other pm prices and even the latest spike to $125, gold trades 12% up ytd. So one would think Gold has plenty of upside this year if oil continues to rally above $100. You don't want to be short oil, gold, silver and food (agriculture) etc...

DJ -184 (32,632)
SP -30 (4171)
NS -52 (13,268)
R2 +5 (1274)
WTI $125•73
10ytb 1•846%

MSC1(W) -22 (2798)
Gold Bugs +3 (315)
Morning all.

Top man Sporty66...I like a man who puts his money where his brain is....gluck!

Oil at c$125+ will impact cost of living and could push inflation to 11% if the war drags on into the summer.

Here we go again ftse called down 80+ and the Dow 300+ panning out to be one of the worst March performances ever, currently (-3%).

The worst was 2020 when the 500 fell (13%), the DJI (14%) & the ftse (14%) due to covid-19, seems like a lifetime ago....

Anyone know if we are/can hedge our gold at these prices? Guess it's a bit early for us but you never know.

DJ -797 (32,817)
SP -127 (4201)
NS -518 (13,319)
R2 -30 (1269)
WTI $120•41
10ytb 1•792%

MSCI(W) - 77 (2820)
Gold Bugs +8 (313)

The Dow is now in 'correction' territory and the Nsdq slid into bear mrkt mode (-20%) as investors quit risk assets. Talk of the Alliance adding a ban of Russian oil & gas to their list of financial penalties spooked the Street.

Latest:- Oil $126. Vix 36.
Gold $1995. Copper $4•816.
Palm $1905. Silver $25•715.
$1•312. €1•207. Yen 115•411.
Yuan 6•311. FF -50. DF -100.
Morning all.

Some big sells going through (530,000) in total before close.
I'd be guessing as to why, so I won't bother. It is what it is.

Around 600,000 total vol for a Monday is way above average in recent times no doubt influenced by Ukraine woes.

Hold your nerve, it's only a loss if you get shaken out!

No buyers about so sellers getting out at any price being offered....no surprise there. I'm staying put hoping
for the best. I cannot sell at these silly prices!

Shares in London and in NY are set for a volatile start today as the war in Ukraine shows little sign of slowing.
London is called c.180 lower as all mrkts across Asia are suffering. Tokyo is off 802, HK 746 & Shanghai 51. In Sydney resource stocks are limiting falls on the ASX which closed 86 down at 7204.

Higher fuel costs are devastating for Japan as they import most of their energy needs. Adding to the gloom 2 Lybian oil fields have been attacked by rebel groups for the loss of c.330,000 bopd. Oil hit a 13 year intraday high of $139 as Europe and America explore banning Crude from Russia.

Should that occur their will be a 5m barrel a day shortfall of the 97m global daily usage. April Gold futures are over $2000, Silver and Copper at ytd highs of $26 & $5 respectively.

Latest:- Oil $131. Vix 32.
Gold $1995. Copper $5•012.
Palm $1870. Silver $26•105.
$1•321. €1•215. Yen 114•863.
Yuan 6•322. FF -180. DF -315.
Morning all.

The tight supply of edible all mrkts is not being helped by the loss of c.46% of the global tonnage of sunflower oil produced in Ukraine. The country's 3 bigest export mrkts are Russia, China & Poland. The UK has minimal trade with Ukraine.

India who buy c.250,000 tonnes a month has had to switch to palm oil from Malaysia. The disruption is expected to last for at least 6-8 weeks. While the war rages the trade surplus of $14bn annually will be severely effected.

Morning bedhead I wondered about the 50k trade yesterday as whether to log it a buy or sell as it might have been either but decided a buy was more likely. Nice pick up! I added a few last wk on a rounding up exercise.
Whether you have caught the bottom I don't know but I sure wouldn't be a seller at these lows, not a cat in hells chance....

As has been the trend of late very few buyers about for PAT. Sellers for my 'tuppence' worth are stale bulls dispirited by India. Refusing our PL which we applied for soon after joining AIM in 2018 and has continually been thwarted by the Rajasthan Govt despite overtures for a sensible settlement by Panthera has been a drag on sentiment for far too long.

The mrkts view on WA goldies is a drawback and rightly so as none of the sp's of the (6) i follow are up this year. Excellent results and a rising gold price seem to have little bearing on share price performance.

If blood on the streets is a buy signal for some, now would be a good time to pick up depressed WA miners of which there are a few worth considering. I cont to hold PAT thinking wiser heads will reach a settlement that works for both parties, but it's a 50/50 call at best given the length of time we have spent in Court and were still log'jammed.

A point on the invasion, should it become a guerilla war of hit'n run street fighting, there's only one winner and it ain't pumpkinhead.

PAT
Wks (1-9)
-------
Sp -16%
Trades 207
T/vol 3•905m
Buys 1•041m
Sells 2•864m
Sells 73%
-------
Ytd
Gold +8%
Brent +51%
Cpr +10%
Silver +11%
Palm +48%

Ytd
Ftse -5%
All -8%
250 -17%
Aim -20%
-----
DJ -7%
SP -9%
NS -15%
R2 -7%
-----
TK -10%
HK -6%
SH -5%
SK -9%
TAIX -3%
-------
KL +2%
STI +3%
JSX +5%
ASX -4%
------
Morning all.

Bloody hell wer'e not going to suffer a spate of those are we?

Cheers Edhellas...all I would say is pick the bones out of that...

Anyone know when the cavalry are going to arrive?....sub 8? I've had a couple of top ups hoping I'm at the bottom...why the bod haven't bght a 1000 I've no idea....