Member Info for mushroomkid

The Sp could waver for a while until buyers can see the value of their investment. Obviously, anyone looking over the last three weeks could be thinking "why should I buy at 12.2 or 12.3 when day traders and MMs will knock it back every day to 12.0?"

There has to be some belief that the share is behaving 'normally' and let's face it, it hasn't for a while.

No no, I can tell you officially that it was a misprint. It was meant to read 'the change is up more than a tent pole'. As we all know, a tent pole is very long and 'open at height'.

18.3p or 20.1p, come on guys! Tut

Sorry Welsh Falcon, I didn't mean to skip past your input. I agree. The timescales will be shorter and the 'machinery' costs for Havieron will be lower. All bodes well!

That was the one MrE!

Hi DBH, It was a different presentation (on a video) but identical in detail. Now what we want is for Scally to layer across that, slightly further along the route, so the SP dip doesn't occur. Come on Gervais!

Thanks schlemiel! I try to filter down most things to bite-sized chunks in my head. I remember reading a handy book years ago about how to run a successful business. It quoted some chap who got his deliveries of raw material on a Monday, took made knives and forks with it on Tuesday and Wednesday, delivered them and took more orders on Thursday. Got paid on Friday and used the money, less his profit, to order more raw material for Monday.

Very simplistic of course but a good reminder about cash flow and not leaving excess material around or offering the headache of credit. In fact, the further the discussion moves away into the realms of warrants etc. the more I start to glaze over haha.

Someone put a link on here recently (or I may have done my own research! blimey) to an article advising how to invest in mining shares. From memory, there is a boom period leading up to the MRE/FS and then a decline period (in the SP) during the long 2/3 year timescale required to set up the mechanisms for the profit-making mine, at which point the SP starts to grow again.

It stands to reason, in my opinion and for the sake of a stable SP, that the exploratory drilling at Scally would be best timed to dovetail in with the mining journey beginning at Havieron (assuming satisfactory MRE and FS and that the company does not get bought out).

(On a tiny, tiny scale I used to pay attention to this a wholesaler to the gift industry. One or several products boom, your profits roll in, pay attention to the life cycle of these products and if any start to wane, bring in another to keep the turnover and client interest going.)

*(I wrote the above when really tired last night and cut it onto the clipboard. I think it makes sense!)

Guys, could we move away from the political soapbox please? The banter almost always leads to unpleasantness. Not only that but it's baiting for people like me who are bursting to say something but prefer to keep a lid on it for the sake of forum harmony.

Dio, I believe it was a share consolidation move for MTR (one share for ten). Hence what looked like a massive rise.

I hope so panama. It's a very strange state of affairs at the moment 'sp wise'.

Thwack! 12p haha. Unbelievable!

You mean other than the impact it has had already?

OfficerDribble...yep that's the one and if it is Welsh for 'We'vemadeloadsofmoneyonagreatinvestment', I'll use it!

In order to avoid any favouritism, the new palace name will reflect whatever is most pertinent at the time of purchase, in several months time

At the moment, 'Onepoundfiftypershareohmygawd! Ville' Seems most likely.

I am indeed reading all this. At this rate the house name is going to be longer than that Welsh town name!

The ballot for the new licence intrigues me though. Out of a hat? Closed application (a bit like buying a house in Scotland?) Blind luck?

A very nice bit of news. Yes well done Stuart for predicting it!

I wonder if the ballot win and the Scally drilling was the 'maybe more good news shortly' statement from GH in his last interview?

Well I'm booked in for the night with Lady Muck. We had the choice of the Stag at £250 a night or Barry's Lodge House at £65. Naturally I wanted the Stag....

However, since SHE can't get used to being rich beyond our wildest dreams by 22nd July and in view of the fact that we will probably be eating fish and chips in downtown Godalming by 10 pm, I lowered my exacting standards to accept the lower star rated accommodation.

So, the plan is, arrive early and take in the delights of Godalming. Go back to the room. Make ready with the pin-stripe suit, bowler hat and cane, await the stretched limo to pick me up and arrive at the Stag at the appointed hour . I'll be wearing white shoes and a Jack Nicholson grin.

See you there.

I'm glad it wasn't just me thinking it.

Indeed!

At least on my google price for the sp it did. The amount of times this share has started and finished on the same price is 'uncanny'.

I'm also still amazed at how many tiny trades go through during the day. If you look at the last bunch of shares listed here on the site, the vast majority, 95%+, are under three figures in value.

My reading of that is, like it or not, many people are investing insignificant amounts and I cannot believe that someone who has chucked £50 at it will have any patience or interest in the long term future of the business whatsoever. It will be a speculative punt similar to putting a few quid on a horse. However, these small amounts will still move the sp I guess.

Oh alright then. Since I'd hate to ruin the evening more than I would by attending. I shall go! *trumpet sound*