Member Info for LWHL

Fair play to you coming on here and sharing your opinions (as well as defending your reputation).

I take a passing interest in the trades of a few investors/traders who share their stuff online. Especially where I find some commonality.

I have sometimes looked into a stock here or there, off the back of X person recommending or mentioning them.

But I never jump in myself unless I like the look of the outfit in question. Sometimes missing out, sometimes saving on what would have been a loss.

But the overwhelming majority of my p/f is made up of names that I have no idea whether x, y or z is in.

Although it is nice when you see a recognised person has bought into something that you already have yourself, or have been researching and thinking of buying :)

But we win or we lose our own money and by our own hands at the end of the day.

As long as someone does not deceitfully ramp or de-ramp a name, then I have no issue at all.

Even those posters who do resort to this type of behaviour...does not change the premise of my 'win or lose' sentence above. Individual choice and individual responsibility. Always.

Anyway, I hope you will continue to share your thoughts here (and any other stocks you hold for that matter) in future.

These chat boards are wonderful when you get a wide range of different people and different viewpoints. Bulls and bears. GLA.

I am surprised at the continued radio silence on touted funding. I would have expected this to have been addressed by now.

The one inside buy was good, but IMO did not give the market any confidence. Which I thought would be the case at the time.

IMO, had you seen multiple inside purchases, and of a more significant amount, then the result would likely have been different. Even factoring in that funding cloud topic.

Anyway, this is becoming increasingly interesting to me, but I am not good enough to be able to plot a potential technical trade price in the circumstances.

So I am going to continue to sit on my hands with this one for now, while keeping a watching brief.

On the plus side for current holders, if they can sort that issue on terms that are not too bad (either dilution levels or interest rate loan percentage) then you could see a big and rapid bounce. GLA.

I thought there was a possibility of a run to the early 370's (just above the 200 DMA) when the SP was forming a nice base around the high 340's/early 350's.

As I said back then, I did not trust my chart reading skills (and did not give numbers in that post).

That was the extent of it though, because that stuff goes out of the window with an update.

I know what you mean and I was scornful of posters who talked about all that TA stuff as well.

Then one poster kept on calling very accurate prices, up and down, over a decent period of time in one stock I held/hold. Eventually, I decided to give it some attention. Miles off being any good at this stuff, but I think improving with it.

And my financial performance has improved significantly since I started factoring TA into my overall research.

It is about probabilities though, no certainties (the formations do not always play out).

But we all just try and find methods that help us to win more than we lose, at the end of the day. GLA.

Excellent post, simon. You cover everything that I had been reflecting on, and a bit more too.

Annoyed at myself for not trusting my chart-reading skills here a few days ago, but so close to the update, I did not hold my nerve, lol.

Will be interesting to see how the next few weeks play out. Short action etc.

For the financial aspects/repayment terms etc in the update that simon and others have alluded to, this is still a risky investment proposition IMO, so not on my radar for that.

But as another trade, if I can find a potential range? Absolutely.

Anyway, while not out of the woods, it does offer hope IMO. GLA.

HZM is exactly the example that keeps me grounded regarding Songwe. And indeed the whole company for that matter, given the impact a serious wrong step could have for the entirety.

It is the primary reason why I would prefer we sell it to a major, or secure a free carry JV with a major, rather than try to secure funding and undertake the huge operation ourselves.

Because I do not think any national government is going to give us a grant, or a loan on friendly terms, that will remove the risk of such a scenario as above from potentially happening.

I think the BOD's here are much better than HZM's were, but that is by the by for now.

And I do not discount the threat of a rug pull either. The elites do not play nicely and will not pay more than absolutely necessary for anything that they want or need, some might believe.

Perhaps I am being too pessimistic, but as I said a few years ago on this exact thread (and when the SP was a good deal higher than today) this is not my first AIM rodeo, and certainly not my first tiddler pre-profit miner stock.

If anyone here thinks I am a de-ramper or have bad intentions, or looking to get in cheaper etc, etc, well, as a free speech absolutist, I support your right to feel that way.

Some serious insider money bets that your conclusion is wrong, Blueclyde.

But of course, time will tell. GLA.

Yeah, I had similar positive experiences with BB's in a few shares too. BATS and ITV since you asked. Probably a few others too, but those are off the top of my head.

But it seems to take a little while for the effect to kick in (IME anyway), so I think we might get the chance to accumulate in the 360's - 370's for a bit yet.

Which is fine, of course. Tempted to add more, but I have made a few (albeit small) impulsive buys recently in a few names, ahead of considered target prices...all of which appear to be floating to those patient target prices.

So, if I jump in for more before the 350's here, probably best to hold fire yourself :) Good evening all.

Sold one trading tranche around 130p, but kept the other one in play. Unless he forgot to update that initial one on his spreadsheet.

Anyway, my own plans here remain unchanged since the other day, but thought I would share this info, in case anyone was interested. GLA.

Well, he, and his fellow BOD's, can show their faith in the most reliable of actions as soon as the buying window opens.

Most of those ones SOH has are freebies, so IMO do not count.

It will matter far more to people if their own money is on the line. Even well remunerated ones, in my experience.

Especially if it is not some trifling proportion of their salary for example. It offers no certainty of course, but it is not guarantees that I seek.

I seek some evidence that I am not still funding (yet another) hopeless, lifestyle AIM outfit.

But these guys did not load the boat after the update when the SP was around the 5's, so I will be watching with interest to see if they are now going to prove that their words are not worth as much as a politicians.

A few of us voiced our concerns about spinning it off and putting it on that opaque exchange at the time.

Fair play from SOH at this point would be to see him put his hand in his pocket and buying a big chunk of OPTI stock.

Been a while since he bought any shares here, and while that would not remove the multiple question marks over his leadership and business acumen, it would at least show he thinks the price is cheap at this level. Based on his words in most updates, that is certainly the impression he tries to give, lol.

It would also show some alignment with us long-suffering fellow shareholders (all of us having bought all of our shares, no freebies etc).

I might buy a euromillions ticket for tomorrow. Probably about the same odds of winning that, as seeing said inside buy...

More sensible than I was, joseywales. But equally, I felt more underweight than I wanted to be after all those significant insider buys, hence my less disciplined buy the other day. Still underweight here, but going to be patient this time before further adding.

Some important data across the Pond on Friday, so not going to load the boat on any stock prior to then. GLA.

My apologies. An oversight on my part. GLA.

Well, and particularly apt for this type of company, you pays your money and spins the wheel.

The level of inside buys here merit attention, IMO.

And, as part of a sensible sized p/f allocation, for me, I am comfortable having some here to see if they can turn the ship around.

No asset class is safe with a quasi communist government, so in that sense it does not really matter. Should the time ever come where we get such a rabble in charge, of course. GLA.

On top of more warrants. Back to that 5p range again, perhaps?

While this is another sign of things operationally moving in the right direction of course, unless you are part of these private placements, what is the attraction for adding shares via the open market?

No way is the ordinary PI going to keep retaining the same level of ownership, and with the placements coming quite regularly now it seems, even harder to do so.

All that said, it might offer another little trading range once the dust settles.

Which is the only way to go with AIM, really. GLA.

I am not. Because it was always likely once I ignored (once again) my plan to wait for 60p to re-buy some :)

Luckily it was only a nibble today, but poor discipline on my part.

That said, I am not sure we will need to wait that long for some significant movement. This one has a life of its own, so best to sit back and relax, IMO.

While keeping plenty of ammo in reserve, all the same.

Nice UT. Fingers crossed we get back to the 380's tomorrow. GLA.

Too early to say, in my view. Short term, we need to get back to the 390's, and at least hold that level for a bit.

Ultimately, we want to get back above the 200 DMA (currently 452p ish).

Then we might be able to call the current level the bottom. Nice bit of fence-sitting commentary, eh? :)

Which does not seem to have moved the price. Perhaps offset by the GLG increase.

Buy backs imminent, which as I mentioned before, should help things along. GLA.

Lots of potential reasons for the relatively weak SP action of late, IMO.

I will take some more if we revisit 66p for the LTH basket.

Sitting on my hands in the current price range though. GLA.

Well, if we see 465p ish (not precise plotting), I will claim the H&S :)

Subject to the obvious caveats, I will likely take a few more at that point too.

But this one has a mind of its own, so who knows? GLA.