Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
This was on the fallers board this morning, now the risers. The SP changed but not the bid or ask. This has happened a few times in the last couple of weeks. I saw this pattern in NSF and took a chance spending £1000 at 2.95p a share. It paid off. I don't currently hold BZT any more - but that is going to change in the next 5 mins. I promise I'm no paid ramper, I doubt BZT will issue an RNS on 1 post from me. I will most probably be wrong and look a complete p1illock - but I hope not. GLA
I've just tried a dummy sell of 500k and they were offering 1.77 for them. I think the churn must be nearly done. I couldn't get a quote on that number yesterday :-)
Thanks for putting the numbers together Traders. I thought 5m was ambitious. As I also thought when they said they were going to get all accreditations, set up a factory, buy a new machine, recruit/train new staff all in a couple of months. Having set up a factory in something much less complex, I was always prepared for missed deadlines. GC is a scientist/academic so I'm sure he will have trusted that it would all come together. I never bought in high but i'm still £3k down today. I do think it will be ok but I believe mid to late March is more realistic. Pretty much the same time the other company will go into production. Until then, I'll hold what I have and ride the wave with the traders in the meantime. Good luck all
In response to 10BT from yesterday. I've been lurking around for 3 years this Summer. And oh yes I've witnessed the bloodbaths. (I recently compared a bad day on this board to elephant seals in mating season. Watch the clip - you'll get what I mean ;0) I think it's why I stayed quiet for so long :-). In fact i can't remember what sparked me off to do my first posting now. It must have felt important to me to "brave" it here. Thanks again for your detailed reply Shed, I do actually take all this in. Clearly I don't understand it to your level but it's always good to have this information in the back of your mind. So many of you come up with very constructive, valuable and interesting points. It's such a shame when it all gets heated. And all your shared knowledge doesn't only help me with investing, it's all there to get used to make me look interesting at dinner parties!
Please don't get upset if the price dips a bit, I'm ready to stick a bit more cash into investments and I do love a bargain.
I would like to know that mcadder is correct and that is why I questioned HL. So far they have not come back to me. My whole career has centred around processing peoples personal information and so I am acutely aware of the law and the seriousness of it. Under the old Data protection Law 1999 is was a fine of up to £5k for each offence. When the new GDPR law came it it can be jail time. HL know how much money I have in my account, they have my bank details, DOB etc etc. They are not allowed to pass on any information about me without my prior consent. There are ways and means these letters could have reached us without the law been breached and all I want to know is if one of these legal methods was used. I don't have an issue per se over GWMO knowing I hold their shares and I respect their pro activity. But, if they are finding out my personal financial information who else is? I have emailed GWMO and nicely asked them how they obtained my details. As yet I'm waiting for a reply from them too. If people (HL and GWMO) are going to be honest with me I will let it rest, but if I get ignored I will report it. I won't be wasting my time 6pots, if our data has been handed to someone without our knowledge it is extremely serious. Has anyone received a letter that isn't with HL but another trading platform
I received a letter too and I do have an issue with it. My shares are bought through HL so they are held in a nominee account. To that end GWMO have no "legal" knowledge that I indeed hold shares. So - how did they get my name and address to write to me???? I questioned HL last week, on the phone the guy said that they have not passed my details onto GWMO. I put this in writing and I am still waiting for a written response. I don't have a problem with GWMO trying to muster up votes, yes it shows they are organised, but under GDPR regulation they obtained my details illegally. I haven't yet reported this to the ICO and am hoping that I will get an answer back from someone soon. Has no one else questioned their broker?
It's the fact that yourself, and one or 2 others, deeply discussed the results, with a deep level of intellect, that first drew me to EUZ as an investment rather than a trade. Before anyone jumps on the "pumper" bandwagon, I think I'm smart enough to work out the qualified from the speculative. In most cases I rely on the words "pleased to announce.." from "although these results are disappointing.." I do go to the chat rooms to get their take on it, and there is genuinely no board as good as this one. The hard bit is sorting out the fighting between you lot when times aren't good :-), But that's where my knowledge on the trader side sees the frustrations, which, of course, has nothing to do with the assets here. I watched the LR link (thank you) and I still feel he's a genuine guy, in fact at one point I saw he put his own job on the line there. I saw BPC collapse today on bad news, and it made me think could EUZ suffer similar. I went back over it all and am still happy to stay here. Watching this tonight and thinking about my very fruitful trades with Colin Birds companies, makes me think about why their "relationship" didn't work. CB is all about "flirting with the market" and LR just seems so happy with what's "in the ground" (I suspect this could be in the mountains rather than the floor!). I'm enjoying the learning (I must confess though when I wikipedia'd Cadmium in my head I compared it to nitrates used in bacon, which lead me onto why some hit the toxic list but others don't :-). All posters put aside, I feel that LR is excited about what is there at Toral, not about how much money he can make, and much as I appreciate all the posts here, it's LR's dull interviews that makes me think it's a viable project. Thank you for sharing your knowledge, everyone, it's very much appreciated. There are people that view these chat rooms but never say anything. Take good care and thank you.
Thanks both. :-)
MFM, I really appreciate you taking the time to write this, and I'm going to read it slowly and count the candles. I'm quite pleased with myself on my trading results so far but I have this "need to know" thing about me. I'm not sure if it's fear of dementia or boredom because I can't party like I used to. Thanks for the reading tips too. I will be buying them. I doubt very much I'd ever go in for the HFT stuff, if indeed it became affordable/available to PI's. Of course I'm in it for the money, but it runs deeper than that. Every trade, every stock intrigues me. There is barely a day goes by where I don't learn something that fascinates me. Rights and wrongs of the system (more wrongs than rights) but I also like to see both sides of the debate and understand how, why. I do love the challenge of stock picking, yet I've always been vehemently against gambling (bad childhood there, the sound of amusement arcades makes my stomach churn). I'm too old to need to make millions. I'd only die and my son would probably kill himself in his new Ferrari. Happy with comfortable, challenged and excited. I hate Friday nights now, love Monday mornings :-)
Bobby, your 3 types of investor did make me laugh. How true it is. I must admit I first bought into EUZ on a spike (an August spike I believe, 2 or 3 years back now). I've since smartened up, bought on the lows, averaged down, then topped sliced on one spike. Now I'm something like a whopping 0.3% in the blue (last time I looked). I was not money savvy when I was younger and scrapped my pension contributions in favour of a 12 year mortgage instead of a 25 year one. It was 1999 and pension with Equitable Life who were in the news headlines for all the wrong reasons. I decided to transfer all my little pensions into a SIPP and make a go for it myself. I limit my trading funds, so when I have been smart enough to earn (not win) a certain amount, that gets put into my investment pot. I like EUZ and PEN because they are really low maintenance. They don't go up much, but they don't go down much either. It feels "safe" to me and allows me to get on with the exciting trading stuff. BUR on the other hand (I bought that one after the Muddy Waters strike), can still be quite volatile and I'm starting to think I need to let go. Yet I'm waiting for RR. to get to 80p and I'll jump in there!!! I think I'm starting to confuse my investing and trading and need to revise on self discipline.
It's silly really but it's only now, when you say a gradual slow rise am I seeing what everyone's frustrations are all about. I've just "parked up" my investments with a thought they'll look after my money, and been happy with the trading bit to make my money. Today has actually been a wake up call to me!!!!
Thanks both
Morning all. Insomnia strikes again :-(. Interesting reading this mfm about the charts. This is the one bit I can't completely get my head around. I can clearly see the support and resistance levels, and that knowledge has served me well over the months. But all these patterns (tea cup and handle, the flag etc) escape me. This week I stumbled upon HFT (no it's not a condition that inflicts itself on women of a certain age), and I absolutely get that too, in fact it makes a lot of sense. It's these charts that evade me for some irritating reason.
Bobby, I know what you mean there. Running a business for many years P&L make up company value, hence share price value. This is why trading, and particularly AIM, is so fascinating now. PLC and LTD are worlds apart. A long hard and very exhausting life in LTD makes PLC a breath of fresh air to me now. The US shenanigans were pretty mesmerising and I get their anger and frustration, but from my point of view, after a lifetime of abiding (and indeed instigating it at points) by compliance and regulation, I now am, for some surreal reason, happy to surf the waves of trading. Oh I can see how my "former self" would be all over the injustice of some of the practices in this industry. For some reason I've become more laid back and detached than I used to be :-). I see it's now a combination of company performance and financiers taking opportunity at the time. Take ICON last week. On Thursday or Friday SP went from 0.003 to 0.008 in a couple of hours. No directors, no clients, huge debt but more than doubled in "value" in the day. When EUZ day comes the spike will be much more than the true value, if only briefly. Lifes a game. Play to win. Take care all
Hi Benh. I don't post very much but noticed this on a dark cold February morning. I voted through HL (I think they had to be in by Friday) about 460k shares give or take a few, I've been accumulating for a while. I'm on the Telegram Group. Well done and thanks for keeping tabs on the counts. It looks like we'll get through. I hope so. TB is rich enough, time for him to draw his pension. He's smart at finding excellent stocks to invest in, then he milks them/shareholders. He's an absolute predator and Dr Cave such a genuine guy. Thanks for the update on the numbers .
Yep 2.45 to buy 100k HL
Sorry gentlemen I'm going to butt in here. I personally have found many of the regular posters on here so helpful. I don't understand grades or results so I go to chat boards to gauge the sentiment. It is here that, years ago, I read intellectual conversations from, clearly experienced people in the know, discussing the RNS issued. Yes, that's what made me buy in initially. It was serious debate about the RNS that I trusted. Such as just now Chri5p has said more sense about XTR than anyone on the XTR board I have read (must admit i haven't caught all the chat, there's too much). I already had mixed feelings about that one. Thanks CHRI5P I'm now thinking more my gut was telling me right again :-). As an outsider, I pay attention to the intelligent analysis and not the opinions or feelings, or "I emailed them and they came back with this.." I want facts and I need to trust. Without a doubt this forum is the most informative one I have ever read. I just have to cut through the the fighting (and dare I say *****ing!!!). I trade volatile stocks, I invest in those with long term potential, slow and steady. I trade the volatile. I am still learning, but I make a conscience decision to trade or invest a stock.
I invest in few, I trade probably 10 a week (now I do this full time). I have never doubted (been here more than 2 years now) my decision to invest here and I am grateful to posters here who have shared their expert knowledge. I think I'm smart enough to sort the wheat from the chaff, and anyone who gets "sucked into" these boards and looses money, really should be giving their money to a registered financial advisor to handle.
Maybe LR isn't the best PR guy in the world, but if that's what's important to us there's plenty of ad agency's on the stock market. It will all come good in the end.