Member Info for LWHL

I agree. I think a lot of those spike-buyers in early September may have taken the chance to get out around even this morning.

If we can return to that 440p level and hold it for the next few days, then I think that might represent the start of a new trading range. It must hold for more than a day or two though.

But, this one is a wild cat, so as I have said before, technicals can pretty much be discarded here.

It will be very interesting to see what the declared short positions are next week. A few further reductions are likely IMO, but I wonder if we will see any who have increased as well?

Maybe that bid that poster shared with us in confidence last week has leaked? Lol :)

Must be shorts closing. A lovely sight to see of a morning :)

Agree. It is what it is, for now. If the dividend comes under threat down the line though, she will be sent packing IMO, because I cannot see the big holders tolerating that, on top of the mediocre performance and largesse. Hey ho.

80p is my target price. I am in the camp of dissatisfied holders with the CEO, whose remuneration should be more aligned with the SP performance since she joined IMO (so, around minimum wage seems fair!)

But, it seems the BOD are teflon-coated here, so if I get that price, I will take profits and move on.

Satisfied to collect the dividends in the meantime.

Subject to the obvious caveats, I agree, Mary.

Given gold and silver did not rally yesterday, the SP action early doors does look like it was a raid.

Not the first time and will not be the last. Although who knows what direction it will go today?

I have a few too many of these to buy the dip right now (although would/will add at those lower levels, if they come to pass). GLA.

Me too, around 415p.

The chart still looks great though IMO, so hopefully an attack on the 200 DMA fairly soon.

If results are good, in this environment, then all bets are off.

I do not think they will be good, but for reasons I mentioned previously, if this is the case, then it may also not be something to greatly worry those with a longer term horizon.

Spot on. The only thing worse than taking profits and watching a stock sail away, is to watch (significant) paper profits evaporate. And continue to hold into a loss. Been there. More than once.

Still make plenty of mistakes, and still have lots to learn, but the maxim that nobody went hungry taking a profit is a lesson that is the most useful of them all.

IMO, it is usually difficult to hit the sell button and retain that discipline, no matter how long you have done this stuff.

But a lack of discipline will see you blow up your account, sooner or later. GLA.

I was about to type exactly the same thing.

Cannot understand those posters who use such emotive (rude) language at PI's.

Usually the same types that disappear from view once a share they have been ramping goes down.

Anyway, I am happy to see my core holding back in profit now. And I have no regrets about taking those profits from other tranches. They were (almost) all the correct technical decisions at the time.

I hope we are going to enter a new, higher trading range. Then I will happily buy another side pot for another trade.

As long as you are making a profit, that is the name of the game. GLA.

I can see it going lower than that. Will add more around the 5 quid level, personally.

Would not rule out a new year low either, though, so be careful I would say to anyone who is not willing to potentially hold for more than a few days :)

Free float makes this perhaps the most volatile non-AIM share that I am aware of.

Been here for a while, so water off a duck's back. GLA.

Actually the time to sell this one, is when I have added :)

Easily my most frustrating PM stock. A cruel mistress. Hey ho.

Yeah, the spread would not tempt me. It will narrow as the day progresses though, almost certainly.

The chart still looks good though, although I am not taking a fresh position in this range, personally.

Not too much to ask at all, Ashton. Not too much to expect, or indeed demand, of a company whose salaries are basically being funded by you and your fellow shareholders.

Glad to see you are not just retaining a blind optimism here.

Whether your faith turns out to be justified, or this proves to still be 'old JAY', I am glad you are keeping an open mind and a critical eye on proceedings and BOD promises etc.

GLA and have a good Christmas. Hope you get the news you want here soon.

IMO, national debt can have macro ramifications, especially when looking at debt to GDP ratios. Most nations have far too high a ratio today. We will just have to see how that feature plays out.

As to all your other examples - that supports the pending recession thesis, especially the shipping costs one IMO.

But where we agree is we are both long this name right now. Albeit I am, in spite of what I see as these various threats in 2024, for the company-specific reasons I mentioned in the past (especially the MA/Frasers factor).

You, I assume are long, because you agree with the soft landing narrative and are more optimistic about the economic conditions for 2024.

But, as I said earlier, my preference would be for your thesis to play out, not mine. Let's revisit down the line :)

Inflation is not down much, and that is without even getting into the credibility of the CPI criteria in the first place.

Very recent hints of rate cuts (a U-turn on previous central bank commentary, to my mind) - when we are not even at 2% now - let alone average 2%, which do not forget is the fairly long established central bank mandate, gives me the impression that they know something that we do not (yet) know. Liquidity issues perhaps? I do not know specifically of course, but IMO something is 'off'.

Commodity prices are not on the floor, although I can see oil having a small bounce before having a natural retrace (in line with typical recessions) below the current price. Even allowing for OPEC decisions and the fact the US needs to refill their reserves at some point. I am medium term bullish oil and other commodities FWIW, and still hold a few CVX (will load the boat if that sees high 90's next year, although naturally not investment advice etc). Natural gas looks overdue a bounce IMO, although not currently in that space.

Then you have national debt and private debt levels. And a bunch of other indicators that look far from rosy.

For this company, right now, it is not so much the oil prices (lower the better of course), but the purchasing power of the consumer (which IMO is only going to get worse in 2024) that I think will validate my opinion, rather than yours.

Always fun to speculate and debate though. Will make more profits if your thesis is the correct one and mine is too bearish...so I am rooting for you, jamesss :)

Disagree with you about the macro backdrop.

Agree with you about wanting to see some hefty inside buying.

I would say when the next update comes out, good or bad, if we do not see some big purchases, it will be time to have a clear out. IMO the CEO probably does not have a lot more time to play with if any further disappointments follow, but not too long to wait to find out either way. GLA.

Hey, I am a free speech absolutist, nothing will offend me. Say what you want, as far as I am concerned.

I agree some tend to get too excited or too down on these chat boards. Not sure how anyone can still be excited about the MDA right now; all the missed deadlines remind me of various other junior miners, but hopefully their excitement will be justified soon. Would be amazed though if we heard anything now before 2024. Hey ho.

And unlike those other junior jam tomorrow miners, at least the CEO here bought a decent chunk a while ago. It was actually that act which led to my jumping on board myself.

You can be long without abandoning a cautious, even cynical mindset. Be demanding of the BOD, whose salaries are essentially coming out of your pocket. That is not disloyal or in any way unreasonable.

On AIM, I would say any other mentality will take you to the poor house, sooner or later.

Anyway, still holding a few, but in the trading pot. This does not feel like one for investing in just yet. Could change of course. Certainly hope so. Lots to like, but also a few question marks too, at the time of print, IMO.

Happy Christmas all. Will only post here again if we get an MDA update, but naturally you have the filter button regardless. GLA.

Flundra: I am not sure either. This is also not the first time that we have seen a rehash of material regarding the MDA and the talks/process, if memory serves me correct. I pay no heed to any of that stuff now. Only interested in an RNS on the subject in question.

Lewis: You are entitled to your opinions, same as everyone else, but to describe some as 'bipolar posters' is distasteful.

It most certainly is not for faint hearts. Even more difficult these days, with some of the western legislative restrictions that other parts of the world do not follow.

This one is actually going to be an interesting test case (to my mind) to see whether or not 'we' are able to get the win here, based on these certain....binds.

As I said before, my interest is only that general shareholders do not get stiffed with whatever deal is presented, should one come.

While I appreciate that some posters are trying to be helpful sharing various comments and quotes from various politicians....talk is cheap. I am at the stage with Songwe where I will believe it when I see it, not before.

As I said previously, I would have dumped my remaining position and moved on by now, were it not for the magnet stuff.

Yeah...I was hoping for the usual sell off to 380's before the rapid return to 4 quid, after another quick buy and sell :)

But IMO the chart is looking quite good right now. See what next week brings. Good weekend all.

Oh, come on crumbs! The people posting here with 'negative' comments on the MDA are not doing so to try and buy in cheaper. The best workable agreements need to benefit current shareholders, not a deal at any cost.

The pressure should be on Malawi, as they ultimately stand to gain the most. But I only care about me, when it comes to my holding here, and not being stiffed, to be blunt.