Member Info for Legowig

Thanks for posting, very good presentation. Should be an interesting couple of months.

Take profit, you can always buy back in when the market stabilises. You might miss a few pennies rise. It might save you some stress, a profit is a profit and this is a difficult market to make profit in. Bought in early 60's and sold late 60's on the last rise missed a further few pence rise, but expected it to retreat as had a good run from the 55p area.

Keeping any eye on it for now. Letting the dust settle with SVB fallout.

You and me both, puzzled with this one. I was at least expecting us to be mid 6's by now as we were in early December, in anticipation of the start up of mining activities. We are further along and further down, as you say people are awaiting confirmation as too many false dawns. Looking forward to confirmation of first shipments and receipt of monies. Just a little bit more to wait which is insignificant when you have been in for two years.

Rinse and repeat, 58p to 62p, let's hope the next one breaks the 62p range.

It's not a easy play if you are trading as this swings very quickly. I have bought 4 lots do far, will now not bother looking, as not good to constantly look for ones own sanity,
well not until late March. Hopefully, the seller will be out, finance sorted, trading update with future guidance.
Lth have bought for the reason of investment in the shipyards and future growth, value will prevail in the end.

See you all end of March

Well I've done my bit doubled up the amount of shares I have for the long term, now overweight in my portfolio, as I believe the value is now ridiculous, with the investment to be made. Hopefully a renaissance for ship building in the UK.

Well that excitement was short lived. At least we know it motors when released. Back to a waiting game. Trading update and finance next big news for end of March.

Would of been nice to have kept some of the gains today.

Please refer to the RNS dated 6th February 2023, this sets out their work schedule for the next few months.
The remaining drilling results are due by the end of March 2023, delays due to turnaround period at the lab, this is common.
If you cant view the RNS on LSE website, look at investegate and type in ticker/epic code BHL, this will bring up all the RNS's.

Its all coming together now, great to see after two years of waiting on my initial investment and plenty of top-ups. Tick tock.

Large buy just gone to through from earlier this morning at just over 5p

Oh wow, I wasn't expecting the sell off to this level. Roll on the conclusion of finance in place by end of March and hopefully some contract wins. Surely, got to be a big bounce.

Well its being consolidating enough, about time!

Refer to link in Raisingdonuts post, investors chronicle tip as they consider then undervalued compared to peers.

Might be short lived but that is some chunky buying for this share recently, news can't be far off now surely. Cmon let's have a photo of the wash plant.

Institutional sellers are in every company, it doesn't mean there is a hidden agenda. Experienced constant selling the last few months in SPEC and MTEC, which wasn't pleasant to experience, but SPEC has gone from a low of 38p' ish to just over a pound now and MTEC for 21p ish to 35p. The sellers may just be taking profit based on a short term view, or as the cliche goes forced sellers which will be bought up by investors taking a longer term view, short term pain for now, but will rise once the seller is finished. Will be glad to see the back of them. At some point it will turn.

In the near future, we will have details of the increased debt facility by the end of Q1 2023 and hopefully the announcement of further contracts. I have taking a long term view on this as its too stressful chasing penny variances in the share price, I am sure it will be multiplies of the current share price in years to come, with the transformation of the ship building yards and investment.

Definitely one to hold in the portfolio, a defence stock with a huge contract to see through the possible recession.

Always look to diverse your portfolio. Can't be much better out there than this at the moment.

Give it time, wait until it hits the main media news, churn today with further rise the next few days. Look how it reacted previously.

Well I missed the first rise, in not believing.

In regards to this there are some large buys that surely can't be punt money on gossip on bulletin boards.

Put in the bottom drawer, hope the rise continues, only another 80% to go to break even.

Yes would be nice to see regular updates even if it's like PREM on Twitter. At least then confidence might return when investors see progress being made. At the moment totally in the dark