We would love to hear your thoughts about our site and services, please take our survey here.
The constant negativity and whining on here from some investors, as my learned friend Gooner mentioned, usually comes with an agenda. If it wasn't for the green box function on here I would never read this BB.
Thank God :)
Topped-up almost 100k shares at an average of 5.4p this month to slowly bring down my average. IMO, we will get an influx of news this autumn - all positive.
Happy to accumulate when I can and hold. Plus, switch off and get on with life - which is a lot of LTH's are doing at the moment while things are quiet.
Speaking of quiet - this is an interesting article I saw yesterday and goes some way to explaining why the BOD are 'keeping a low profile' in addition to the NDA's in force.
https://www.campaignasia.com/article/silence-is-the-comms-strategy-for-most-international-firms-in-russia/481091
A good day to all genuine investors, as always!
Good post as usual, LB.
Regards the Nyud licence, I believe it is close to being concluded or has been but the interested party has requested this be held back from the public domain possibly due to the geopolitical timing or the fact that they want radio silence until the deal is signed and sealed.
Thoughts?
SPIEF Update:
Vladimir Putin says Russia will develop as an open economy, and will never step along a path to isolation, despite the unprecedented sanctions imposed by the West following Moscow's invasion of Ukraine.
Putin says Russia will keep dealing with Western companies and that he hopes gas flows will increase via new routes.
He adds that Russia will continue to expand economic cooperation "with those who want it".
The tragic war will end.
Regardless, it will not stop business continuing - especially in Russia with BRICS countries (a point made by the BOD in a recent RNS.
End of this year at the very latest, for me. I feel the hold up is to do with EUA2 (Hydrogen) while Kola Nickel and Kola Mining subsidiary sales are close to completion. They must all be linked to each other in a way otherwise I feel the BOD would announce the sale of these two but that is just my opinion.
Due diligence was successfully completed late last year and nothing has changed - the BOD would have RNS'ed otherwise as they have a legal obligation to do so.
Again, it boils down to whether one trusts the BOD to deliver (they are the biggest shareholder group) and re-evaluate one's own timescale expectations.
On an emotional level, I find the wait frustrating but on an investment level nothing has changed with the strategy, fundamentals, demand for what we have nor advisors.
SOB - Could you tell us why your prediction of timescales have changed from 'months towards the end of the year' that you posted only a month ago to two years from now?
Nothing has changed in that time. The fundamentals remain the same. AM has been brought on board (in an official capacity) to 'speed up the Russian assets sale process'.
IMO, I feel it will be a couple of months at most - certainly not 2024.
A nice evening to all genuine shipmates'.
I still see the HCW target of 70p-odd the bare minimum for MT. Extra value can be added with the Rosgeo JV (Nyud, etc) and WK/Hydrogen (EUA2).
If we have to wait longer, so be it. Investing is usually like that - forget your own timelines and hold for the end-game like you did in the first place.
Bashers know YOU CAN'T VERIFY THEIR STATEMENTS. That's why they make the vague statements they do. They rely on you being to lazy to research their droppings other than to scan the board for others opinions. This is particularly dangerous when you consider that Bashers work in packs and often validate and back up each others nonsense with what appears to be "innocuous and unsolicited" verification by comrade Bashers. Let's face it, we are all conditioned to "believe" everything we see in writing. If others by virtue of their "posts" also confirm this belief, then we are subconsciously doomed to swallow the hook, line and sinker... Basher - 1 Honest Investor - 0
The Bashers PLAY ON YOUR LACK OF KNOWLEDGE. They can lie about information and you won't know the difference (unless you have done your own DD on the company and know the truth and facts).
Bashers play on your lack of patience. You have held a stock for a while. You knew it will be a big stock someday, but the BASHER CAN GET TO YOU BECAUSE YOU ARE TIRED OF WAITING FOR YOUR GAIN. That's when the Basher is best. You are tired. You have forgotten the goal for the stock was to hold it for one year. The Basher is bothersome, so you dump it on a bad day. Some others also dump. Then you get mad for your loss and return to let everyone know how mad you are. Then you turn into a semi-Basher as well. THE BASHER HAS WON, AND GAINED A NEW ALLY - YOU! BRING THE PRICE DOWN. That is the Basher's job. The truth is not important. Lies are the norm. Post continuously on the board every day. They are trying to scare the newbies that are just investigating a stock. They are trying to wear down the faithful longs on the board and gain free reign and control.
Well aid, Mont. I am the same and have absolute faith in the BOD, the fundamentals and the green energy revolution.
Copied and pasted from elsewhere - an oldie but a goldie - something that runs true on this BB:
Remember, BASHERS NEVER Bash A BAD STOCK. Check the boards for stocks with no potential. They never have any Bashers. Bashers only go after stocks that are moving up or have excellent potential to do so. Bashers work to bring the price down to either increase their position at the expense of others or help a Short make their bones.
BASHERS ALWAYS BRING UP OLD NEWS THAT YOU HAVE HEARD MANY TIMES. New startup companies always have a few bits of bad news. The Basher will post this over and over again. Unsophisticated Bashers will try to freshen up old news with a new date or by-line in an attempt to fool you.
BASHERS POST MANY TIMES A DAY. They try to wear you out. They comment on everything, every other post, and can answer every question. THEY KNOW IT ALL! There is no positive comment they won't Bash. They try to control the board. True longs may have to confront the Bashers or they will appear to the newbies as being the people with all the information. This is best accomplished by posting positive, well researched data on the company, repetitively, while trying hard not to engage the Bashers in direct repartee. REMEMBER - LONGS... RESIST USING THE BASHERS ALIAS!
BASHERS WILL LIE TO YOUR FACE. Never trust a Basher. The truth on startup companies is that they make mistakes. What new company hasn't? The Basher will compare your issue to a another companies, financials - deals - management, etc., trying to lure you into making an Apples to Oranges comparison. Remember each company is unique and while it is prudent to seek out established indicators, do so with care and don't take someone else's word for it. Strive to come up with at least a "six- pack" of indicators so your vision of the state of a company is not tied to a single barometer. Not doing so is tantamount to going to a Race Track and betting on the "Pretty Brown Horsey". BASHERS WANT TO WHISPER IN YOUR EAR - PLANT A SEED OF DOUBT, AND HOPE THAT YOU ARE NOT SAVVY ENOUGH TO RESEARCH THE TRUTH ON YOUR OWN. This is how they achieve their greatest success.
DOUBT + FEAR + LAZINESS = BAIL OUT!
This is your investment... work for it, protect it and don't panic on the words of very shadowy figure that "has your best interest in their heart". Consider that one factor: Someone you have never met, is not a member of your family, is now, out of the
goodness of their hearts - GIVING YOU FREE ADVICE (that you didn't ask for). It's a no brainer. They have motives $$$$$$$$$$$$.
Cont/.
With permission, Captain, may I present one of Kipling's finest:
"If you can keep your head when all about you
Are losing theirs and blaming it on you,
If you can trust yourself when all men doubt you,
But make allowance for their doubting too;
If you can wait and not be tired by waiting,
Or being lied about, don't deal in lies,
Or being hated, don't give way to hating,
And yet don't look too good, nor talk too wise:
If you can dream - and not make dreams your master;
If you can think - and not make thoughts your aim;
If you can meet with Triumph and Disaster
And treat those two impostors just the same;
If you can bear to hear the truth you've spoken
Twisted by knaves to make a trap for fools,
Or watch the things you gave your life to broken,
And stoop and build 'em up with wornout tools:
If you can make one heap of all your winnings
And risk it on one turn of pitch-and-toss,
And lose, and start again at your beginnings
And never breathe a word about your loss;
If you can force your heart and nerve and sinew
To serve your turn long after they are gone,
And so hold on when there is nothing in you
Except the Will which says to them: 'Hold on!'
If you can talk with crowds and keep your virtue,
Or walk with kings - nor lose the common touch,
If neither foes nor loving friends can hurt you,
If all men count with you, but none too much;
If you can fill the unforgiving minute
With sixty seconds' worth of distance run -
Yours is the Earth and everything that's in it,
And - which is more - you'll be a Man my son!"
A tad over 1.5m. Added half that since the 'special military operation' began. In for the end-game as I always have been.
Wars end. Strategy unchanged and neither have fundamentals. My faith in the company and BOD remains unchanged too.
Ignore the noise and switch off. Don't come on here as often as I used to due to the sea of green but appreciate the few who post sense.