Member Info for LoggyLogbot

Sometimes you start out holding a low percentage, but then the share does so well you end up top-heavy in it - it happened to me with GGP. Whilst being incredibly welcome to have a share in your portfolio that does remarkably well, it does create an interesting dilemma for those who don't like to hold more than a certain percentge in any one stock. At one point I was over 80% GGP but I only started out about 10-15%. For the record I'm about 3.5% here, but wish I'd bought more when I first invested at 7.38

Non Minery? Sorry that's rubbish.

10-Jun-21 Berenberg Bank Buy - 26.00 Reiteration
09-Jun-21 Canaccord Genuity Speculative Buy 25.00 25.00 Reiteration
29-Apr-21 Berenberg Bank Buy - 26.00 Reiteration
09-Mar-21 Berenberg Bank Hold - 33.00 Reiteration

GGP have had a bad month re: share price but it really isn't GGP alone.
Most miners I look at is between 5-10% down this month. Newcrest have had a bad month (SP wise).
In fact my whole portfolio is about 5/6% down this month, and I've got a wide range of stuff in there.

I've just topped up very slightly.
Markets are a bit strange this week ( or is it just my portfolio?! ) -
I like the regular news flow on HE1 - hoping we'll have an eye catching 'reveal' in the very near future. There has been so much positivity over the last few months in the build up, but some are getting apprehensive as we're getting closer and closer to results. I'm bullish on this.

Agree, great post Mush!
I am in a similar bracket to you (i.e. bought in most @ approx 2p ).
Investing in stocks and shares is one of those things where you can never quite be happy with your own decisions. Why didn't I buy more when it was in that low price range? Why didn't I sell some when it was in the 30s? Why did I do this and not that? At the end of the day ( I feel ) we made the right decision. The hard bit is as good as done ( finding gold but THEN getting to mine it - I can't remember the chance of going from striking gold to mining it, but it was pretty small). Despite the subdued price, just like we got the initial MRE there is a finite amount of time before get the PFS and in the whole scheme of things it's not really that far away. I still firmly believe that we are due an upward correction on HAV alone, and we've always got the outside, outside chance of another hit.

At the Northern Breccia results from an additional three growth holes identified mineralisation outside of the Inferred Mineral Resource footprint. These results support extensions to breccia mineralisation in the north west of the system and further highlights the potential for resource extensions outside of the South East Crescent zone.

Is anyone here?

It looks fantastic Tom - due to having quite a few kids I'm now stuck with a very large VW that Jeremy Clarkson described as 'looking like the box that a wardrobe came in'...
Maybe if things keep progressing for GGP I can get a bit closer to having a 'spare' car!

Then we'll be Violently Happy

TmT, please PLEASE say that the 'train is leaving the station' and add some train noises. That would really make my day!

:-)

Now I've gone and done an emoji and I never do those

I concur with both those figures -
Regardless of the 21.4 & 20.00, I usually get:
Bid=0.210300 GBP Offer=0.212900GBP

I've a good feeling about the interims on Wed/Thu.

How's that for an incisive comment?!

We've been subdued for so long I'm now turning away from research, data and knowledge and turning towards gut feelings.

Hi all, good luck with MSMN - I exited my last chunk this morning, so you can expect a flurry of activity and positive RNSs now ( they usually arrive very shortly after I've closed my positions! )

Picked up on this company rather late, just added a small amount to test the water.
Like the fact that they are already producing, and have little debt, and look like great grades in Kenya - and even started a small dividend payment.
I need to do much more research - putting some cash incentivises me to put more effort in!
I'm in at 16.74.

Agree that is a good find.
Over the last month I've reduced my position by 2/3 in MSMN - I am slightly lucky in the sense that I've taken a slight profit on these as I got in first in July 2020 at .001074 - however I was hoping after the promising updates at the back end of last year that we'd be making big strides this year. I've still got that glimmer of hope that Mosman may pull something out of the bag which is why I'm keeping a little in. Last year, when their backs were to the wall due to Covid, they reacted well to basically keep the lights on. However it now just feels like the momentum has disappeared. I can see the Australian potential but there was ( and still is ) such an opportunity in the US just to build the firm foundation of a profit making company. So that is where I am - I must admit liking the look of a dabble with Georgina ( so to speak ) when the IPO happens.

I don't know much about WSBN. However I took a risk with GGP early on which has more than paid off. The thing is, as all the longer term share holders now understand that this has been substantially derisked, and we patiently await resource upgrade(s) to Haveiron. I'm in the fortunate position of being able to take my 'risk' of metal exploration through GGPs newer projects, whilst having Havieron in the bag. Not only that, the areas around Haveiron are getting interesting too. I personally do not feel I need to move my money.

Hi LTI, I've seen you post often on LLOY and you tend to be the voice of reason on there...apologies in advance for the long post. It's also a very dull post...however, I agree with the potential for more IMB progress, and thus I'm sharing my (current) strategy!
I was a bit top-heavy in LLOY, getting in with a substantial amount mainly at around .34 for a covid recovery play which as you'll be very aware has gone particularly well! However, this investment is really supposed to be part of my long term dividend play, and I had to take into account that despite dividends resuming, they will still take a little more time to return to pre-covid payout levels. This is where IMB came in!
I decided to base all my calculations on the 'fact' that LLOY are paying around 0.0326 as a divi, even though realistically this isn't happening. When I bought into LLOY my 'effective' divi was approx 10%. So the only way I was willing to reduce my weight on LLOY was to purchase another high yield company that would give me more of a dividend yield than my (imaginary but likely to return) Lloyds one. With LLoyds climbing to .45 I sold off 20% (it's effective yield now being 7.2%) and put into IMB at £15.15 which would return me more cash per annum. I plan to do exactly the same at .50 or over but next time I'm looking a little bit at DLG. Anyway, going back to IMB I think that the SP is still cheap and I believe that it can return to above £20.00 levels. It's unfavourable but surely the yield can't be ignored.

Callum has made it easy this time - If you look in the foreground he's holding an award that's for "Excellence in Global Mineral Exploration at the Havieron gold-copper project" - that'll do me for clues, ha!

Last football season ( 2019-2020 ), Nottingham Forest missed out on the Championship play-offs by one goal.
During the season, Swansea, who finished a goal ahead, lost 5-1 to West Brom.
Had they lost 7-1 to West Brom that day, Nottingham Forest would have taken their place in the play-offs. So in hindsight it was a good result. ....