Member Info for JTS13

@Derby, we're in one of those unfortunate scenarios where we want inflation to pick up - so that gold picks up and miners SP increases.
Equally, at the same time, we really want to be proved wrong. Cause significant inflation would likely put the real value of our broader portfolio and actual buying power down... How do we win in such a situation?
What I would like however is for inflation figures to just remotely reflect real inflation! Petrol is up ~20% in the past 12 months. Stamps are up. Council tax is up. Real estate is up. Everything in the supermarket is up... yet the Government says we see deflation. It's crazy how out of touch the financial world is from reality

Interesting. Bounce directly off of ascending lows created from 24th March.
As mentioned the other day, had thought that there was chance of a bear trap ~16p.
Won't top up here because have my own rules about limiting holdings in a single stock to 5% of portfolio. Let's hope that there's a close over 18p and that we can start to see beginning of a new trend. If so, 24.7 comes back into view, followed by 29, 40 and 50... but only to those with that ounce of patience :P

PS: Yes, this can be an emotional board. e.g. I suggested a possible bear trap a few days back and received several comments about speaking the stock down. The irony! There are some great posters on here, but I find them unfortunately drowned out much of the time

Well, maybe it does still have ability to fly, benefit of MC still being small ;)

Think we need to get more clarity regarding the type of partnership. If there may be a direct linkage in COAL with GST (e.g. trading fee, partial ownership or something) then this could really multi-multi bag

PS: note it already has done well this pas couple of months. Just later in than others and possibly have different time horizon

I wonder, will these announcements be sufficient for GST?
Totally different biz model, but ARB hardly moved before Christmas, despite being key miner in the 'mighty' bitcoin. COAL is very early stage. Assuming it takes off, GST could replicate what ARB has this past month, but I struggle to see this happening in near term. Much more of a lock and hold for a couple of years.
Others thoughts and expectations?

https://www.proactiveinvestors.co.uk/companies/news/941577/inflation-back-on-the-agenda-but-more-like-1994-2007-than-the-1970s-reckons-berenberg-941577.html

I'm personally expecting 2022/23. But, if narrative picks up, we may see change of trend earlier than I'd hoped

Suggest researching share price correlation with mine life cycle. Basically, once funding confirmed and construction starts, SP tends to slide for a period as shareholders chase nearer term 'excitement'. Generally, this period also tends to be one where positive news would be to keep on schedule. More often than not though, delays or increased costs arise somewhere.
Bought this in my daughters account at 19p. Top sliced on way up at 32, 62 and 59p. Mostly because I always top slice on such percentages, but also partly because of reasons mentioned above.

I don't hold any in my own account. Will be watching this over coming weeks/months and may look to build a small position...

It's a great opportunity for sure, and in perfect era given wider green narrative. Just needs patience for a good return here

Unfortunately, expect gold to break the 1764 floor and head down to ~1700 (20 week MA support). Anticipating POLY to drop to ~1400.

Hopefully I'm wrong...

Have been adding progressively (across several gold and silver miners) despite this decline as expect it just a matter of time before inflation and other factors start to filter through. Personally, I don't think macro context will change during 2021. Likely 2022. Non-the-less, I'll be holding this however far down it goes, and then still holding when the sun shines on the other side... accrew when market is weak, sell when it's strong

All the best to LTHs

NEXS share price remains volatile due to broader housing market. However, the growth in eSmart Networks (why I'm here) is promising.

Just in case others haven't noticed, their Linkedin page has made a few interesting updates of late, e.g.
(a) New 300million fund for DNO network projects, with expectation that 500 projects will be approved in the short-term (application deadline is 18th March, so projects are likely set for this year... yes, don't expect all 500 for eSmarts)
(b) Post 6 days ago infers that eSmarts are also moving into battery storage... interesting right!?
(c) Perhaps rationale for yesterdays post is related to point B above, but eSmarts liked a post from their own MD about power outages in US due to the cold. I believe that this has also been case in Germany and other places due to the cold snap freezing output from some renewable energy... anyway, point is that demand for battery storage and charging stations are increasingly recognised, and it seems that eSmarts is big name in the space. ALSO, note that the MD is commenting about USA situation. That coincidence or a future direction?
(d) 2weeks ago MD stated that "Due to large contract wins and expansion we are very much in recruitment mode" before listing 6 roles. That's inferring a need to increase staffing by around 20%. Can only be positive

Might take a few more years, but am expectant that 'one day' NEXS will be recognised as a key player in the green infrastructure space

Hey Sling, not sure if you'll read this... Just intrigued as to how your trade played out in the end.

I'd mentioned ~220p as possibility in my initial reply on 19th Jan. Looks like you had that op. Did you close out your short, flip to long, other?

All the best either way

17.1p = 50% fib... personally, I don't think so yet

You'd want this to rise on the hourly and 4 hourly chart before viewing this as a change in trend. Likely a short bounce on the 5/15mins view

PS: understand that some people don't like references towards charts. But i struggle to understand how words like "trend" have any meaning without any context for what makes a trend... thats a general observation, not a reflection on you DiamondLover

Each to their own James

I buy based upon my own research and usually have sell orders at 50% and 100% increments. Helps to keep things more objective

Apologies if my view that the share price here is going to rise offends you. Guess some of us just have different objectives

Again... perhaps some people just need a little more patience

Just noticed that I got a message from HL on 8th Feb about the placing from October. The message contained an apology for delayed notice about my share purchase...

I read that, noticed the SP drop and then thought that others had been spooked.

Ha, then I see that there really was a placing here, but on 12th Feb. (You can tell I don't check in often)

Now. That begs the questions. Was that 10p sell off because of leak, or because people got spooked by the placing reminder (assuming others did too?)

I'm assuming leak. Shame. It's otherwise a nice reliable dividend share this

For me, BMN is mostly a share to sit on and check once every few weeks or so. Where we at in my view?

15.5p = fib retracement target
16p = 20 week MA resistance
15.3-18p = gap created in Mar 2020 and repeated on 22nd Dec 2020.

Are we in a downtrend, yes, obviously. Partly created by folks selling off when Eskom news didn't materialise immediately at beginning of the year. Partly resumed by other folks hopping on the bandwagon of poor ST technicals

However, I anticipate a further 10% drop, closing of the gap with a possible bear trap somewhere between 15-16p, followed by consolidation and resumption of the uptrend.

If can buy again sub-16p, I will for sure. Fundamentals here are positive, some folks just need more patience

Equally, should eskom news materialise, then scrap that and schedule an earlier rerate

Sometimes I wonder if the market forgets that increased profits are a good thing. Copper is at levels unseen since 2013 (and rising) but CAML share price would assume that the company is doing worse than last year

I'm already at my max threshold in what I like to hold in any individual share, otherwise would be adding more right now. Both the weekly and daily chart is turning positive again, such a great time to buy for those who weren't in already (my opinion).

Shame we need to wait until end of March for the end of year report

Absolutely LOVE what's happening with all this... Not part of it all myself, but have been burned far too many times by these major entities who are known crooks that am all for this 'weight in numbers' idea. It's about time they got an ounce of real competition
JPM & GS have never played by rules. They don't invest of fundamentals or charts. They gain controlling interest and march shares up and/or down per their whim. They've made an absolute killing out of Covid - whereas millions of ordinary hard working people have been losing their jobs - it's about time the playing field was levelled out a bit

Just imagine if gold and silver were able to reflect real prices. Wow!

Similar @zambianminer. Sold off all my gold and silver and put it into crypto instead. Have lost a 5 figure sum on gold in the last few months - even though prices went up $300 from where I entered! Found that doesn't matter where you put the stop-losses, they'll always get triggered. Several times had 5-10+% nano-second crashes, followed by almost instant recoveries. The manipulation is insane
The positive with crypto is that the hedge funds (JPM especially) haven't managed to accrue sufficient quantities to manipulate price yet, so it's a truer reflection of the real inflation narrative...
Although I'm more into ETH & ADA than Bitcoin myself

Hi Sotolo, RE: silver or gold, whilst there is a lot of discussion about traditional ratios between the two - typically indicating that silver is behind and needs to catch up. There's wider discussion about how silvers role in the green era has not been factored into its price - unlike copper and other such metals... Either way you look at it, I'd expect silver to break away and gain first / most.
Might also be more appealing to younger generation of investors who back sustainable type plays?

Agreed. Gold remains within downtrend from high of 2075 on week of 3rd Aug. There was a temporary breakout early Jan, but then the decline was resumed. A close above 1878 is needed to indicate a potential change in direction. Today is of course positive, but not sufficient in and of itself.
Personally, I want to see: (a) Gold weekend close above 1878 and (b) MACD turn positive on the weekly chart. Point 'b' is very important. Silver is ahead of gold and is doing that just now, result has been a huge swing of almost 15%. Looks to me that gold could still remain in the broad trend for another couple of weeks, and then it's decision up... It either breaks up and resumes uptrend, or it dives and sinks again.
I've been building my stakes this past month in several gold & silver miners in anticipation of a pending upwards momentum... Naturally, am hoping that I'm correct

All the best

Poly needs to do better emphasising it's silver production. Yes, top 10 gold miners, but in top 5 silver! And it is silver that is most likely to explode in this bull market (assuming we are beginning a new one)

A google search will show that the paragraph was written back in June 2020 - but on ************* overview on BMN.

Whilst encouraging, I'm not sure if the reference towards RKPI and VRB Energy are sufficient to say that "the OEM" will be them. It is arguably normal for a business to be aware of other major projects in its own industry... of course, it would be very nice (and not entirely surprising) if BMN was engaged with them to some degree.