Member Info for Legalwolf

HEX is now very much on the move up. They have de-risked with this well, and the results now suggest a potential 50% increase on yearly revenue per well, which the next well results should confirm. I can't see it falling back now, unless the next set of results are bad, but that seems unlikely.

It has also hit the 200MA today, which has been acting as resistance. If you are looking for an entry, maybe see if it reclaims the 200MA and if that then acts as support, you can buy that support maybe?

KR- yes, I bought back in heavily after the recent placing and have a sub 3p average. As you know, I like these post placing plays. The video has confirmed that Bres will now be fully funded for 2025, as the issue with DFC has been resolved, which will bring in an additional $1.5 million - imminently. Bres will have some share price moving newsflow coming up over the coming months, so I'm hoping it will continue to climb up from here.

Hi Rob - LSE has it as Vol Sold 868,820 against Vol Bought 576,931.

I've always found these unreliable anyway, as they are calculated from the advertised spread, which is rarely accurate. So sells end up as buys, and vice versa. But of course no doubt we will have had some large selling.

I guess poor ole Zaps was/is trying to be like Warren Buffet, with the LTH, but has sadly ended up as more like Warren Buffoon. We should go easy on him though, it can't be easy being that stupid, even though he does make it seem effortless at times.

I dare ask what the poor sod's exit strategy is? He probably can't think of one, which is why he's been motionless for 5 years.

If Mr Bean did investing, I guess it would be modelled on Zap's approach.

"Zaps been here for 5+ years... omg what a way to show how much of a loser you are. it's actually depressing to read that."

I know, I keep on thinking: is this guy for real? Not only is he mouthing off, but he's looking down on others whilst at the same time telling them that he has held Bres for 5 years without making a penny. That's just friggin insane. Then he adds that he "could have bought lower" but didn't 😕. Then he finishes it off with the classic: at least I'm honest😂

How much have I made at GSCU? I've made more over there in 5 weeks, than you have made here in 5 years. How's that our honest little dummy?

Closed right at the 200MA. Not surprised given the results we had today. If we get a Friday FOMO tomorrow, we should break through it, possibly from the opening bell. That will signal a change of trend, and we can then look to get into the 20s over the coming weeks. But let's see how it all pans out, as it's not really about tomorrow, or the next few weeks. Plenty of time for this to continue rising over the next few months and beyond. GLA

Thanks Isle - incidentally, is it normal to release them? Do they not just melt into the graphics and diagrams we see of the prospects and drill target areas? Excuse my ignorance.

That's an excellent buy, well done. Ask gone up already to 9.67p.

Break - the final aeromag results were expected to land at the start of this month. I would expect them to be included in the next RNS as part of a more comprehensive update, much like the last one.

Rumours also of JV talks, but no meat on the bones around that.

To add to this, both Gold and its ETFs are on the verge of breaking out from their own consolidations, and I've seen other gold stocks on my list go blue. So expecting this test of 9p here to resolve to the upside i.e. we will get the bullish reversal/wick that Break has mentioned. In fact it seems to be developing already with sub 10p shares being taken up by the (smart) players.

Agree with both Break and Karl in terms of the technical situation, but I believe the pattern remains firmly bullish and is performing to expectations, which is a retest of the low of the range and it should bounce from here (with or without a shakeout). Therefore, I see no reason, technical or fundamental, for the pattern to suddenly go bearish. Moreover, I am not sure that its a large seller exiting, but more like a large player (MM, fund, etc) "working this range", which I see as an accumlation range.

Karl makes a very good point and is absolutely right to mention the warrants. After a near 500% rise in the stock with lots of warrants in the money and being cashed, this large and long consolidation was perhaps always going to be needed before the stock could resume its uptrend. But I believe all the supply is being worked (i.e. absorbed) by the smart money.

And as the saying goes "the larger the base, the higher they race". So if or when we do breakout of this particular consolidation to the upside, technically it should lead to a pretty big move - yes Seingred, 20p plus!

I have limited funds available, but assuming a bullish reversal at these lows, these are the best prices that anyone will get here before the next RNS lands. So i'm very tempted to throw those limited funds into here over another share that I had them earmarked for. All imo and dyor

Thanks keyboard - I didn't realise my words had share price moving power. I should write more often in that case 😂

Anyway, like the previous poster has said, things are looking positive for Bres and we should focus on the positives (and not get personal or bitter). I said that funding was the critical barrier here to share price growth, and that barrier has seemingly now been removed by yesterday's interview. We have seen the immediate impact of this with buying volume returning. With a clear financial runway for 2025, the handbrake is off and the share price could/should now be ready to start that long awaited re-rate. Yes there will be other hurdles in the way in the longer term, but the immediate future here looks bright in that the immediate newsflow here should all be very positive (DFC payments landing, positive drilling results, JORC upgrade, offtake news, DFS, etc), and that should all be reflected in an uptrending share price.

(Disclaimer: this is merely my opinion and I have no special knowledge or powers. I often get things wrong and am learning all the time.)

Break - except that the low of the range is 9p, not 10p?

Forgive me Zaps, but you do come across as a bit thick at times - I mean, you've been here for 5 years, waiting like a lemming and not made any returns - wth does that? Then you have the audacity to question someone who has made a lot more money on Bres in that very same time than you have, and ended up with a much lower average than you have, whilst you have remained significantly underwater for much of the time that you have been invested here? World's gone mad!

So forgive me if I dismiss your own posts as less useful than a chocolate teapot, and you as a bit of a tinpot 'investor'. I have never claimed to know it all - that's just something you have thrown at me. I make as many mistakes as the next person. Make them all the time. Who doesn't?

As for Bres, I think the last of the 3.5p shares are currently being taken up, and this will head towards the 4s. Am I correct? Am I ramping? Am I knowledgeable? Does it actually effin matter? It's just a discussion bb, so stop getting so serious and personal. If you have true conviction in Bres, or any share, then what gets posted on a bb shouldn't generate such personal animus. It's not how cool heads and knowledgable folk operate!

Woah Metal - that's a bit dramatic. It's also inherently contradictory and implausible. If I think there is going to be a placing, I don't need to de-ramp. The share price is going to go down to the placing price anyway, whether I post 10 negative posts or 100. We all know that's how placings work. I made clear that I wanted to invest into Bres, but didn't see any point or upside in doing so until the finances were sorted out. It's a fact that the share price went down below 3p BEFORE the placing. I did NOT buy. I only bought AFTER the placing. So I posted what I thought, and acted in accordance with what I was posting. It's a discussion board after all, and if I have a negative view, then I am entited to post it as often as you are with your blind optimism.

You are also talking cobblers when you say everyone knew there was going to be a placing blah blah. The fact is, and this bb will testify, that there were countless exchanges where LTH were denying any placing was needed. So much bs from you about fully funded, "can't Legal read a AFR/Prospectus" etc etc.

So stop being so bitter and grow up. Most of you got it wrong. However, I made the right call for me - and no doubt there were others who did heed my warnings and might also have benefited. I know some of you will find that hard to stomach, but that really aint my problem, but yours! The fact is that I was RIGHT! You were WRONG! I also don't understand why echo chamberists like you don't just hit filter. That way you don't have to read any of my de-rampy posts!

So stop being so bitter and personal, and just hit filter!

Pressure is certainly building and it does look like we will break through it on this latest retest. The great thing about HEX is that even before the results in about 10 days time, we will doubtless get some bullish commentary via the tweet videos from Bo. That will keep the sense of expectation and buying sentiment strong into the results. IF the next set of results match today's, then that's virtually game, set and cash for HEX for the long term.

These next few hours could well be the last chance to get in below 17.5p! All imo and GLA

"My original average for Omi was 3.7 before trading. I continue to use that figure even though I have considerably more shares."

So what is your current actual average AFTER all the trading?

At around 17.5p!

Whilst no expert in either field, I always try to combine the fundamentals (what to buy) with the technicals (when to buy). BOTH are aligning here very well. Today's results are not only de-risking but also increasing the yearly revenue that is likely to be generated by HEX by a significant margin. That production revenue is only a few months away.

In terms of the chart, we are getting closer to the 200MA. If we close above it, which seems almost inevitable given that we are at the very start of the fundamental news story that has caused this rise in the share price in the first place (i.e. production), then we will be at the start of a new uptrend.

A revenue generating company in an uptrend will bring a lot of big money into the stock. Accordingly, I've also been adding as the company looks to be very much at an inflection point on both the fundamental level and the technical.

Not much time to get in below the 200MA now folks, which once cleared, will likely act as support on the next leg up. All imo and dyor

"Rob, my strategy is to increase my holding without increasing my average."

Seingred - how does this work? I've come across averaging down and averaging up, but if you're average is 3.6p, and you buy shares at any price higher than this, does it not raise your average? Or am I missing or misunderstanding the meaning here?