Member Info for Legalwolf

Looks like a very big buy to me - if you look at the trades for the last 5 days, I can't see how anyone could have got a big sell away for that price. For example, there was a sell for £43k at 11.48, so can't see how anyone managed to sell twice that amount for a higher price.

By the way, lots of other big buys last week as well in the 12s for large amounts. Some large buys again today, which shows that big money is acccumulating stock.

Maybe the two trollies are busy averaging down (again)?

Placing overhang - once cleared, this should make another multibagging move back up. Shouldn't be too much difficulty clearing it as placing was 4x oversubscribed and so there should be strong demand for shares at these levels.

I'm building a position ready for the reversal back up.

Hopefully we will have some contributors on here attending, and who might be good enough to post a summary of the meeting. In any case, it's normal to get a RNS by the following day to confirm Resolutions have been passed.

Other candidates might be GIM, GEIC, Olmec?

I think reference to "unique" product probably rules out it being a car manufacturer though?

Re GIM:

"In December 2024, during a visit to the Middle East, the prime minister Sir Keir Starmer announced that GIM had agreed to construct a factory in Saudi Arabia. This would be used to manufacture graphene for use in the country’s ambitious Neom giga-project, which plans to build futuristic eco-cities in the desert. He also heralded the investment of around £250m in building a research and innovation hub in Greater Manchester that will create 1,000 jobs as part of the deal. That is good news for Manchester, but it could have been so much better. Koncherry had wanted to build a factory in Manchester but couldn’t attract the funding."

Thanks KR - funnily enough, HEX is the share I was thinking of. I've taken some profits on it already.

I'm thinking Rolls Royce then?

Lithboy - this is what MR had to say about this mystery company "they are quite a unique company in their own right and they have quite a unique product offering of their own. More than anybody else, they have been quite particular in terms of testing and more testing and more testing..." he then went on to refer to them as "ONE of our blue ribbon offtakers we'll be able to bring into play...." and that if would then open up UK Govt funding.

So a "unique" company with a "unique" product offering?

Thanks PP - badly worded example from me. Wasn't intending to suggest all of the pf was in one stock, but more raising the issue of what to do if your fully invested across a number of stocks, and then a new one comes onto your radar. Do you exit out of one of your slower movers but which still has legs, to position into the new stock.

Not sure the market trusts him. CMET are once again well behind the timetable he set out at the start of the year.

Will have to listen again but I recall MR describing them as a “unique” company, hence why I don’t think it’s JLR.

Just wondering how you guys approach this issue. For example, you have Stock A which has risen already and is now consolidating. You expect it to go up further by X amount, leaving you with a very nice profit at the end. In the meantime, Stock B comes onto your radar, but you can't take it because your cash is tied up in Stock A.

Would you guys prematurely exit Stock A in order to position into Stock B? What if you thought there was more potential upside in Stock B than is potentially remaining for you in Stock A?

Listen to the interview where MR gives a brief description of this UK company. Did not leave me thinking it was JLR.

They have already commenced a 4 month drilling programme at PEPAS. Results should land thick and fast.

I don’t think it will be JLR and we should not set that expectation.

PP - it really helps to have a deposit which virtually guarantees world class results, the kind the market/herd loves and can really create a mania. That's what GGP had with Havieron. In PEPAS, OMI have such a deposit. The results are outstanding each time, and each time they get better. PEP45 (the title of this thread) was described as "a globally significant intercept". Each set of results has the potential to initiate the next leg up. Turn around for assays is 3/4 days! OMI are drilling PEPAS until November, leading to a MRE in December. So plenty of time to put fuel in the trend! Then you have not one, but three 'brucie bonuses':

1) As you will know, Nov to Jan is seasonally the strongest period of the year in the markets.

2) Gold just attempted a breakout - turned out to be false, but these tend to lead to actual breakouts on the next attempt. $3700 - 4000 incoming?

3) OMI will start drilling in Argentina in October - they are in what looks like elephant country once more.

If all goes well, I wouldn't rule out a CNR type run either - we have seen some incredible runs this year on AIM. But at the very least, you would think that OMI will make a run for its 2020 high of 45p at least.

Also wondering whether the fact that we are dual listed makes it easier or harder for MM (or anyone else) to manipulate/treeshake the share? No idea myself, but curious to know.

Check the trades for the last few days - there have been lots of £10k buys at these levels. Therefore, hard to see any drop or treeshake when demand is so strong at these prices. More likely we get a bit of consolidation before the next move up.

Some naysayer even tried the classic "this will only move on news". Made me smile given that we're in a period of regular newsflow/results😂

Did anyone manage to buy this pm? I couldn't get a quote all pm, which was very frustrating.

Today turned out to be the highest volume ever in COIN, with Tuesday's volume also not being too far behind. Together with the placing, this week ought to put some kind of floor in the stock. Once that floor is in and it starts to rise, there are some real gains to be had here.

Easy multibagger from here, with the only question being how many bags it will return from this level. Can easily see it getting back into the 20s at least, and rather quickly, once this floor is in it gets going again.