Member Info for mattlilly

I totally agree sunny...some posts verge on libel...

And thats another one...the suggestion that a CFO with a track record of utter integrity is a mole...

Frankly there are some utterly ridiculous posts on here from intelligent people who should know better...

Theory is worthless without facts to support it...

"The market for hydrogen fuel cell-based cars and trucks in the U.S., Europe and Asia is extremely nascent..."

https://finance.yahoo.com/news/10-best-hydrogen-fuel-cell-200100112.html

Meanwhile...

"Total worldwide reserves of platinum metals are estimated to be some 69,000 metric tons."

"The below-ground stock of gold reserves is currently estimated to be around 50,000 tonnes"

And

"Bosch's new hydrogen fuel cells use a drastically reduced amount of platinum, Reuters reported Sunday. The major auto supplier, which recently partnered with Sweden's Powercell, is working on a new fuel cell architecture that, according to Reuters' report, will "use only as much platinum as a diesel catalytic converter."

https://www.cnet.com/roadshow/news/bosch-ev-fuel-cells-less-platinum-report/

"Not so much from EV demand..." !!!!

"Conventional cars 18-49 lbs of copper
Hybrid electric vehicles (HEV) 85 lbs
Plug-in hybrid electric vehicles (PHEV) use 132 lbs
Battery electric vehicles (BEVs) contain 183 lbs
A hybrid electric bus contains 196 lbs Battery electric bus contains 814 lbs"

Platinum and palladium are not needed so much in EVs as in internal combustion engines...

https://moneyweek.com/517752/ready-to-motor-its-platinums-turn-to-shine

Fuel cells is where platinum will shine...Silver however...

https://www.metaltechnews.com/story/2020/01/15/tech-metals/illustrious-past-bright-future-for-silver/129.html

https://thewanderinginvestor.com/precious-metals/is-it-too-late-to-speculate-on-silver/

https://goldsilver.com/blog/top-10-reasons-to-buy-silver/

“Of all the elements, silver is the indispensable metal. It is the most electrically conductive, thermally conductive, and reflective. Modern life, as we know it, would not exist without silver.” Due to these rare characteristics, the number of industrial applications for silver has skyrocketed. In fact, industry now gobbles up more than half of all silver demand.

And then there is tin...used in every soldered joint electrical...electronic...

With EVs and solar panels, silver is the place to be...HOC, PAAS, plus GPM, EQX, WPM, CEY for gold (silver)...

And SOLG of course...copper AND silver...

Well above average volume but...directionless...not surprising...headless...

The BOD better get its finger out and start issuing RNSs or they begin to look...clueless...and rudderless...

Opened up at 0.62...that's 35.72p...interesting...

That made me chuckle...you're risk averse, but your holding in SOLG alone has fluctuated in a range of £404,400 to £420,000 just today...

Between Jan 1 and Jan 7 by a range of £70,000 and...

Between Jan 1 and Dec 31 2020 by a range of £400,000 ...

Pity you're not a trader...

You don't need dividends when you double your money twice, in an ISA...

You probably consider me overweight...SOLG is 30% of my portfolio...

No DBW its not...and you're not interesting...

Oh and the car was bought out of SOLG profits...92% of my share portfolio is in an ISA, as is my wife's which I also manage...she's up 100% since 1 Jan 2020 and also very happy...

I'm in much of that with you...

Yes I have a 'nice car' for which I paid 3 times what I had ever paid before as a 70th birthday present to myself, but I live in a terraced house, am happily married, play golf 3/4 times a week and would have gone holiday several times last year but COVID prevented...

I also have a recent 'health issue' which has put so much into perspective...I am happy, feel well and became a Grandpa for the first time on 16 November...so life is good...

ATB

But it would be £1.2 million at £1 a share and 'that's not life changing'...

"Don't worry about me Redknight, I am in Blue Chips"...INFA and FTO aren't blue chips...

'I never hold more than two speculative shares, and never more than 5% of my portfolio when I buy in, and all financed by dividends....'

Anyhow, so you bought your original holding 'out of dividends'...that's 1.8 million shares at 4.6p which is £82,800...

But it was less than 5% of your portfolio so lets say 5% which would mean your portfolio then was £1.65 million...

If you suffered a setback in capital terms last year ('Blue Chip' high yielding shares still haven't fully recovered), it is reasonable to assume you have a portfolio of £2/3 million by now...so no wonder it is not life changing...

Anyhow, I suspect you have an account 'on the other side' so feel free to private message me any time...you may be stubborn but you're an interesting guy...

Sorry £1.2 million...still...

You bought 1.8 million shares out of dividends...???!!!

And...

"I am not depending on Solgold to change my life." (18 Jan 16.28)

But you don't want to sell at a lowball price of £1...

So £1.8 million won't change your life...? Who are you...James Ratcliffe...?

Oyu Tolguei has been an unmitigated disaster...massive overspends...

Er...you actually said ylast week that you had apologised twice...in over 4,300 posts...and the last 670 on Solgold...