Member Info for MisterPositive

US crude now over $53

Brent crude even higher.

Perfect storm building here. Sentiment turning here and momentum should only increase from here onwards going into Feb drill.

1p target in coming weeks.

https://www.share-talk.com/share-talk-bulletin-board-heroes-monday-11th-january-2021/#gs.qebx1m

Added more myself today....

this is cheap given the 'Scale' of this deposit from assays so far. Lot more to come.

I see this heading towards 10p plus in coming weeks.

SOLG hit around £800m MCAP at one stage.

Castello is going to follow same direction unless bought out sooner by BHP or RIO...

BIG ONE.....very apt name

Little pull back that's all.

Assays have come in good already and it is already declared as Major discovery.

Further assays in a week or so should be to confirm just how 'Huge' is the "BIG ONE" copper deposit is.

Again just over 0.09 after yesterday top up at 0.10

Vela is not just about Bitcoin only.

Its lot more diverse than that.

1p is just first price target.

With good drill results this would get back to +4p and above just like back in 2015-16.

De ja vu.......you bet ya.

Agree. After today's excellent RNS and with upcoming Drill, we should see 1p early.

Closing at the high always bodes very well for next day open.

Mcap will tick higher from here onwards.

10p min

This should open higher tomorrow as news spreads across.

Aussies should take it from here.

written all over it imo. Just a matter of time.

Either coming in as JV or scooping it all up.

These mining giants hunt for these kind of high grades.

For the stunning high grades today and with more to be reported, current MCAP is tiny.

This should tick lot higher.

With these kind of 'High grades'....RIO and BHP would be all over it.

Could see this run up towards 8-10p range real quick.

here is just a matter of time.

Bought some more today.

Today's news is excellent.

I see placings all across AIM.

Here we sitting on pile of cash about to be deployed on a Substantial Value enhancing deal.

This price is a steal. Mcap should jump to multiples once the New Asset is disclosed.

I think current price is a steal.

Upside from multiple investments.

Higher highs....higher lows.

Trend is up.

We only in Jan.

Exploitation Licence should be done soon. Just a mere formality. Heron is all ready to go. Does not take long to turn it on and start producing oil and start earning cash.

They can truck the oil easily just like Petrochina been doing for years.

You don't have to wait till June.

Bought more today at 0.10

This is only headed higher.

VELA has diverse investment Portfolio.

ARCADIA looking good and will be huge.

As per company updates funded till end of Q2.

By that time if not before, they should already be pumping and trucking Oil to China.

At an average 800 bopd @ $25 per barrel profit. That is annual margin of approx $7m (conservative est).

Won't need any funding in future. As Production from Heron more than Doubles, once more wells drilled and connected to the reservoir, annual profit margin per barrel doubles also.

Within 12-18 months company should be on track to earning $20m to $25m annual profit margin.