Member Info for LWHL

I thought there were not going to be anymore contract announcements until May/June? I assume the poster who said that is as delighted as the rest of us that this has been debunked :) Ultimately it is the share price that I am interested in, but to date, I have been impressed with this CEO. Keep up the good work, sir!

Agree. It was a good interview. Iain clearly relishes this challenge. Thus far, I have been impressed with his corporate decision-making. If anyone can pull this off, I think it could be this man. Good luck Iain and good luck to us all.

I will probably buy a few more if it revisits 10p. Sub 10p and that would mean something has gone wrong IMO. But AIM is a law until itself, so I make no predictions in either direction!

Thanks mate. Fingers crossed! Had a couple of dreadful updates from two of my other AIM holdings recently, so it would be nice to get one right again :)

I have been watching this one for some time, but never pulled the trigger. As a result, I missed a couple of good trades. While I can appreciate many were unhappy with the recent raise (at least at the price in question), I like the inside buying that took place outside of the placing. I also like the risk/reward as things stand too. It might be the kiss of death now I have finally taken the plunge, so be warned :)

Well, right now I would bite your hand off for 30p! You can keep the additional penny :) Joking aside, I do not think 31p is the base case here - we all know what that is - but equally IF they can pull off at least one deal, then a figure above 31p is not an unreasonable assumption, IMO. GLA while we wait for more noteworthy news.

In fairness, I did not try to compare the respective estimated capex's of JAY's Dundas and UFO's assets. I have no knowledge of the latter for a start! Anyway, genuinely, I hope you all do very well here.

OK, since you asked, I will break that promise :) The specifics (now entirely redundant of course) were documented in more than one research note, which would have naturally been signed off before release. I remember Rod himself mentioned the ease of access and low cost of Dundas in at least one interview he conducted. I think it was with Vox Markets, but that I cannot remember. It was not recent. I assume you can still find all his audio and TV interviews in the public domain along with formal notifications of course...but given it is now a moot point (and for me somewhat of a sore point!) I do not want to trawl through the internet to try and find the links. I defended RM at the time when a few people cast doubt on his honesty and integrity. As time went on and timelines slipped, I continued to give him the benefit of the doubt for quite a while. Look, I accept that timelines can and do change all the time, especially in mining. Covid delays were a legitimate excuse to a point as well. Then I reasoned that the assets offset what I perceived as a less than stellar BOD. Even if you totally ignore the above examples, the most recent RNS was quite an eye-opener and confirmed what many of us had, with some reluctance, come to accept. But, as I said in my first post here, if you are so inclined, do a deep dive on all the material available in the public domain, from interviews to RNS's, and come to your own conclusions. FWIW, I am going to give the new guy there a chance. Time will tell if that is another mistake, but I have learnt that it is unwise to stick with an investment if you lose faith in a BOD. If I lose faith in him too, I will take the hit and sell up. But equally, if you are going to invest in a company, you need to give the BOD a chance to deliver as well. AIMO and each to their own decisions. GLA.

Last post from me here, I promise, but for the sake of accuracy, I need to point out that Dundas was apparently off the shelf ready to go too, low capex, government also hold shares in JAY (check their major shareholder register), and while Australia is indeed more mining-friendly than perhaps most other locations, Greenland is not unfriendly to mining (except for uranium). In fact, it probably needs that industry more than Australia does - and their politicians know this. As does the US, for example. Including the current bunch. This is not an attempt to ramp them, or to discredit UFO, but I read Allwinnerspaid 7.02am post and remember pretty much the exact same selling points being highlighted for JAY several years ago. In that sense, the theoretical differences between the two outfits really are not as significant as seem to have been suggested in that post.

Update was adequate. This is a falling knife now though, so not adding for now. Cannot see much support on the charts for a while, although am no chartist. Anyone who is, I welcome your thoughts. Wondering if 14.40p does not hold, we might be heading to high 12's. Might nibble a few more then, subject to the usual caveats.

Most kind, MrWolf. While everyone has to try and find a strategy that works best for them, personally, I always seem to lose money when I buy and hold something. This was my original strategy until only the past couple of years or so. This is why, for most of my holdings, I tend to ladder in and (all being well), top slice some profits along the way. Those I am most bullish on, with a long term horizon in mind, I usually retain a core holding in - but it does not always work of course and in one or two cases I am still very overweight and need to re-balance, sooner or later.
Anyway, I hope to have the chance to rejoin you BARC holders soon. Probably going to wait a few days for the dust to settle, or if there is a retest of the 200 sooner. Given the buy backs, maybe that will not happen though. GLA.

Totally agree, JayK. These chat boards are for sharing opinions and ideas, hopefully some fun and laughs along the way too. Can be very informative too, as there are a wide range of smart people who comment here. I personally have learnt so much to date from these boards. While I do not base my investment decisions on them, it often helps to add more pieces to the jigsaw puzzle...things I had not considered or was completely unaware of. Bull and bear stuff. RNS's only provide so much information, of course. I also usually post an approximation of my buys and sells too, because there are some who post claims that seem to suggest a 100% success rate on buying the bottom and selling at the top. After the event, naturally. I have had plenty of dreadful losses. Some on paper, some locked in. No doubt, plenty more to come too. So to the poster who seemed irked about other posters voicing their opinions, try not to dwell on it. It really does not matter, especially in the wider scheme of things.

It bounced off the 50 DMA. Want to see if it has another go at breaking this point of support. Back more firmly on my watch list now. I am slightly mindful of the potential level of fines for this latest indiscretion, but IMO they are not going to go so hard it breaks the bank. I got out a little bit early, but the 5% or so profits that I missed out on (assuming I had sold at the top, which I no doubt would not have!) feels like the correct call now. If I was still holding, I would probably wait to see if we hit 165p then would probably add more then. That is probably the price - if it happens - where I will retake a small initial position. Depending on how the US opens and how the next few weeks play out, IMO it may even retest the 200 DMA. I think I would find it fairly irresistible at that price - but subject to the obvious caveats, including any background noise on 'banking behaviour' in the media and political theatre etc.

No idea, in answer to your question, but IMO 15p is fairly cheap at the time of print. I retain full confidence in this BOD and if the SP drops further, I will likely take a few more.

Well, this one is still a spin of the roulette wheel, but I would be delighted if they get to exercise their 31p options :) IMO, it also suggests that they have some genuine confidence in this business still. GLA.

To those of you suggesting the current boss of Bluejay took a cheap shot at RM...I would suggest you have a look over some of the historic RNS's and perhaps equally importantly, some of the Dundas-focused media interviews that Rod conducted too. Then draw your own conclusions. I am one of the (unfortunate) LTH's there. I wish you all well and have nothing bad to say about your company.

Very annoyed at myself for not waiting for a retest of the 200 DMA as I originally planned to. Must say I did not expect quite this collapse in the SP, even allowing for the sell on news cohort. Oh well, another AIM investment I guess! GLA.

Yes, I expect so. Hopefully the good relationship that we (should) have with the SA government will make this a transitory headwind; we are certainly a valuable asset to that nation with the employment, education and training we provide to the locals. But TIA, so hope is the word! GLA.

Knew I should have waited for 15's! Looks oversold to me, but who knows? Tempted to take a few more at these prices, but will sit on my hands for now. GLA.

So why did he bother with that opaque exchange listing in the first place? Total waste of time and money at best.
I can afford to write my entire OPTI holding off and only be mildly inconvenienced, but that is not the principle. I am still holding but I would be truly delighted if this company was bought out. If the results show that the company has finally started to deliver on all the promises over the past few years, then I will gladly reconsider. As I have said in a previous post, I take no pleasure in knocking one of my holdings, but I think my frustrations to date have been entirely justified.