Member Info for JohnLewis79

Rea 86 (59)
Cpo $618 ($1121)
Cif(R) $1155e

Oil $29
Gold $1528

Ftse 5295
All 2894
DJ 21,237
SP 2529
NS 7335

$1•206
€1•109
IDR 15,170

Anglo 380
Dkl 1•80
Mpe 464

Dead cat bounces on the ftse, Dow, Tokyo and HK after yesterday's 13% slump on the Dow. There was worse to come......pubs were going to close!

DJ -128 (32,826)
SP -6 (3963)
NS + 70 (13,152)
R2 -23 (1199)
WTI $ 64•72
10ytb 1•617%

Nos:- Oil $68•42. Vix 19•79.
Gold $1735. Copper $4•073.
Palm $1123. Silver $25•970.
$1•389. €1•167. IDR 14,453.
MSCI(W) 2822. FF -8. DF -18.
Morning all.

Covid-19
05:00

UK 4,268,821 (125,690)*
Indonesia 1,430,458 (38,753)•

* 5294 cases
* 110 deaths
• 5414 cases
• 180 deaths

Never wrong to draw stumps or cut losses painful as that might be, holding on for the stock to recover and seeing it drip down every day is not for the faint hearted.

By then your caught in the 'if I sell' it will rocket-up-mode, been there, done it.... hopium over realism. I considered India to be an outside bet, having had previous experience in battling State Govts and the Court system in in the US on a long drawn out Patent infringement case. Buying into PAT on India hopes would be plain crazy, very much a side show. Dana Petroleum was a red flag but as I said buying in here was on W.Africa prospects only.

Bolton talks the walk it remains to be seen if the walk will walk. Until then its a watch and wait. I think RNS news should be scaled back until progress on drilling is underway. Tbh I don't understand half of what the Prof talks about, all I want to know is, are there Gold nuggets down there!

To date the sp is reacting to India and nothing else, the slide from 30+ confirmed that and looks well overdone but I've thought that before and come a cropper! Here on in its a 50:50 call for me. I have ammo for one last raise (the 3rd) and will bite the bullet sub 10. At least I won't bankrupt myself if it goes tits up.
Morning all.

Buys outpacing sells 1•3:1 shares off 17% the normal for an Aim share. Should go someway to convince disbelievers that more buys than sells is good for the sp.

I've seen it in loads of shares so file under 'mates rates' 'manipulation' etc...., tomorrow will be more of the same but likely lower. I have some ammo ready just in case.

Had a pick up but ridiculous 14% spread pre costs.

Yea buys and sells if you believe lse figs which are notorious for being wide of the mark and anyways I'm not a believer that more buys means a better share price are pretty even steven so far this morning.
So in effect 14,000 sells being the diff tanks the sp 12%. That makes no sense but very little does on share valuations, not just here but in many other stocks.
You may just as well go up Crockfords and toss £1000 on red or black, you'll have more fun....

Bigest trade to date c.43,000 at 14. Hardly panic stations....

Add Kurdistan to that list! Was in Genel a few years back which didn't get paid for oil sales for something like 3 effin years, imagine what that did the sp! They are still behind in back payments 5 years later! Had my fill of the rampant Govt corruption, sold out a big loss. India will be no different imo.

W.Africa has to remain our main priority, the Indian shenanigans will get sorted one way or another but don't expect an early resolution given the Appeals System and red tape of Indian bureaucracy. Missed a pick up at 17, grrrrr!

I get the compensation bit, but getting the compensation, now that's a whole new world of pain!

Don't sound too good. Rules being changed to suit?.....

Quite right valuefinder. I tend to jump the gun!

Don't know if any of you follow B/Bulls trading recommendations but the latest on PAT is "Stay in Cash" for what its worth.
I speak to people who say they are a bunch of chancers....er ain't that what trading is all about?

At this stage of PATs growth its akin to buying a racehorse... they eat money! How far the current raise will go towards getting the Gold out of the ground i don't know as little is made of the costs, worker nos, wages, equipment needed etc...but surely a ton of more money.
I'm not au fait with Mining costs but Palms are a huge near 75% of of every $ spent being very Labour intensive. Can't see it being anywhere near that high here but does anybody know?

Last I looked costs (per ounce) varied hugely from $650 to $1500 and gross margins from 50% downwards. The all in median cost seems to be c.$970 which gives a wide margin of safety once production is under way.

Rea 96 (58)
Cpo $600 ($1142)
Cif(R) $1185e

Oil $30
Gold $1488

Ftse 5151 (-215)
All 2849 (-146)
DJ 20,189 (-2997)
SP 2386 (-325)
NS 6905 (-970)
R2 1037 (-173)

$1•222
€1•095
IDR 14,925

Anglo 336
Dkl 2•15
Mpe 540

Huge one day drops on global markets the Dow slumped 13% the ftse 4%. The 2020 mrkt lows were still to come and the fear index (Vix) hit 80 just short of its all time high of 85 as talk of another 1930s depression headlined news broadcasts.

Covid-19
05:00

UK 4,263,527 (125,580)*
Indonesia 1,425,044 (38,573)•

* 5089 cases
* 64 deaths
• 5589 cases
• 147 deaths

DJ +174 (32,953) R
SP +26 (3969) R
NS +145 (13,083)
R2 -1 (1397)
WTI $64•92
10ytb 1•596%

Nos:- Oil $68•36. Vix 20.
Gold $ 1733. Copper $4•133.
Palm $1142. Silver $22•295.
$1•387. €1•162. IDR $14,405.
MSCI(W) 2822. FF+35. DF -25.
Morning all.

Nos:- Oil $69•74. Vix 21.
Gold $1723. Copper $4•137.
Palm $1134. Silver $26•045.
$1•393. €1•165. IDR 14,413.
MSCI(W) 2807. FF+35. DF+45.
Morning all.

At JST 2:00pm.
TK +60
HK +167
SH -21
SHZ -38
SK -3
TAIX -4
KL +5
STI +10
JSX -28
ASX +3

Covid-19
04:00

UK 4,258,438 (125,516)*
Indonesia 1,419,455 (38,426)•

* 4618 cases
* 52 deaths
• 4714 cases
• 97 deaths

A 3rd outbreak of the virus has hit parts of Italy and is spreading in Europe. This could delay our April/May reopening and holiday plans for Italy look scuppered...again!