Member Info for NettlesTheCat

Sorry, not annuity tax free… simply 25% tax free 👍👍

1m is a good figure, it allows annuity (if that’s your bag) or even better in my opinion, it allows annuity £250k tax free and then a conservative 20% increase on £750k per annum so you drawn down what you need whenever you need it. 👍

(All based on SIPP by the way - maximising ISA should be paramount so drawn down on SIPP can be less and attract less tax 👍)

"Aye, the SMR books’ll look uglier than a drunken bosun in October "

That's sorted my day - nice one Svend! 😂 As mentioned AUKUS will be/is a core product of RR PLC so balance sheet will show gains as soon as off-take permits.

Profits from RR SMR Ltd will be similar to that retro snake game that grows and grows before reaching the true destination.

£12 come Dec, back to pre £10 after Feb 2026.

But mining is looking awesome by the way!

And to be honest Svend, that's why you'll be a true asset to the blog - different opinions often collate to share a true fact in life. Let's see how that runs for us Captain

...I am repeating myself somewhat so I apologise in advance.

"AUKUS is the precedent."

Yes, but that's direct payment to RR PLC. We're talking about RR SMR Ltd, which you correctly suggest are heavily owned by RR PLC, but not completely.

I'm not going to be libellous here, but the partners RR SMR Ltd have will certainly screw the hell out of profits (via unwarranted R&D and progressive wage increases).

Many will benefit from the SMRs but RR PLC shareholders will have to wait a very long time to see the admission to the balance sheet to then substantiate the £12 SP we will see in December.

Feb results will show this.

RR SMR ltd will publish end year accounts in October (they will be dire), even more dire than 2023.

Interesting points that I carry on banging home, which is very boring to most, is the R&D allowance RR SMR Ltd are putting forward.

2023 R&D was 115m. That's tax efficient of course, but when you look at total losses being £78m (£60m in 2022), that tells me (and it should do to others) that the myriad of partners in the RR SMR ltd business will gain all they can before becoming "profitable".

I've mentioned this many times before so I won't bore you all again, but the bottom line is simple:

RR SMR will corrupt the fact of being profitable to enable all partners to gain as much as they can way before actual profits are transposed to RR PLC.

Actual transposition of profits for RR PLC will be 2030 in my humble opinion. Far to late to effect the balance sheet of RR PLC that will show exactly this in their Feb accounts - hence the downturn.

"Maybe, but knowing Turbo Tufan and Helen in A/C's, I would not be surprised to see large down payments made ahead of any SMR deliveries."

Down payments finding there way to RR PLC Svend? Or payments to RR SMR Ltd?

I'm no expert and all buy-outs are governed by future progress but with my limited experience, 25% above current Mcap has been a base line that shareholders reject and it get's to around the 30% above MCap figure.

Awesome for RR SMR Ltd. RR PLC? We'll be waiting some time for money to cross over.

"Shareflyer, Five-figure 52p shares in yer back pocket, eh?"

5 figures is very commendable. Well done SF.

Let's kill this guy with kindness so he stops being such a prat.

Be part of the team SF - we know you love us all anyway, hence you posting so often. Remember the boys pulling the pig tails of the girls the fancied in playground as they didn't known how to express affection? That's Shareflyer in a nutshell.

I have no more cash otherwise I'd top on Tuesday. Happy with a 0.41p average so I shouldn't complain.

Lovely to see a growth stock at this early stage though. I thought all opportunities had passed us by post covid recovery stocks.

How wrong I was.

Best of luck to all of you - this will be life changing.

No need to justify but just for those who seek clarification of the numptys libellous accusations:

1) NTC background is as an artist I believe, so never worked in engineering, aerospace or RR… so can only add limited value to any real discussion about the sector.

True. I'm an artist, not an engineer. I've never seen a rule where you have to invest only in shares you are qualified to work in? Someone should tell Warren Buffett. With the idea that you can only invest in companies you are trained to work in, can I ask about GST, RKH and CPAI Shareflyer? Unless you are a bitcoin-mining-AI-engineer? 😂

2) He’s here to promote his blog

Untrue. I gain no monetary value from my blog (it actually costs me money to run) - it's a bit of fun to show what I am doing with my investment money, and also for myself to keep a track on things. Just showing a little gumption rather than sitting on the sidelines throwing abuse at people.

3) I believe he sold RR in the mid to high £7… unless bought back in?

Untrue. Never sold out at £7. I had a goal of £7 from October 2020 but as it sped past that in February, I decided to keep my holding(s).

4) Hence why he gets so aggressive if you question him.

Untrue. Never aggressive. I'm a calm and collected cat.

5)P.S. I’ve been here for longer and have posted more… does that make me better? 😂😂😂

I've been here since October 2020 - albeit I was JTT then before I left due to some unwarranted attacks from a certain individual (life's too short to get abuse on a faceless forum). I've grown up a bit since then and playground bullies, such as Shareflyer, don't bother me anymore... if anything, I feel sorry for them.

6) Good day ladies and gentlemen! I will be back to stir the pot later! 😂😂😂

And a very good day to you sir. Enjoy your bank holiday.

Nettles out.

"Guys 'n' Gals , you needs to be seeing a lot more inclusions in the core samples"

Totally agree.

"Most of them have drawn a blank "

Assay not due yet.

"Take a close look at this example from Havieron"

Havieron getting GGP out of AIM to a 3bln PLC you mean?

"..this is what you need to be seeing in the majority of the core samples"

One pipe that has lead to the excitement, on the first hole? Second hole being at the dome very close to the Havieron/GGP discovery that lead to the increase there?

Are these people paid to deramp the stock(s)?

Simply nonsense.

"How insightful, and for a minute I thought I was on the RR chat page - how cats stray 🤔"

Any news you wish to share on RR today kymsoftbtopenwo? I've been here five years and when we hit a slump, I share other stock news with my fellow RR holders. I guess you can call it a bit of a communal chat.

Hey Tim,

I saw you being berated on WSBN (I'm sure that's what you meant), and you were correct in your thoughts of a downturn from the highs today.

The reason they berated you is they thought you gave opinion without acknowledging what was going on... (massive acknowledgement of pre assay pipes that showed what GGP did before their MCap went to 2bln overnight from exactly what WSBN is now - a minor AIM stock). GGP had/has the mining 1.5km away from Wishbone, so that's why the SP has jumped from my 0.41p average to 1.45 today and more to come.

I've actually spent all my money now so no more shares for me in the near term - including ORCP which does look promising in my humble opinion.

I had emails in regard to WSBN to ask if it was to late to get in at 0.80, and of course I can offer no advice, but we can see where it is today, only a few days later... WSBN is a very interesting stock in my humble opinion, so if you look at what GGP did (now an Australian stock so don't google GGP London) and you consider all options, you may feel Australian mining is the way forward.... or you may not. Again, no advice from me 😉

"It really is a rare event but here we are, seeing a company flip from one state to another"

I totally agree, and not just here. I was late on the mining idea (Jan 2025) but post covid, I can't see any other entity being so well placed as AIM mining stocks.

I'm saying 5 years before cash out, and I hope the multitude of mining stocks I now have with will leave me with a dilemma of how to be tax efficient come draw down (I'm 50 so will need to wait to 57 to get that golden 25% of SIPP).

Got in with KOD at 0.09 way back but now have around 7m shares (I know, still not huge compared to you guys), but being part of a decent mining pawtfolio (I'm a cat, I can pawtfolio!) for the next 5 years, I personally feel it will allow me to retire early.

"Jon, I've given you the tip of the 21st Century, but, I don't blog🤣🤣"

I get confused on LSE names and email names - if you're talking EEE, I'm still not involved brother. If you emailed me by another name, then I apologise in advance.

That said, you are of course welcome to join the blog - the more the merrier! (Apologies for not suggesting you in the first place).

... I know Casper has been amazing in his analysis of this, but I'm just double checking incase I have that wrong 👍

" personally feel for the 2nd hole to be drilled at dome suggests a likelihood that we'll be close, if not exact, to what GGP did."

Quoting myself here! What a narcissist! But lets think that the 2nd drill is GGP standard, that takes a current SP being 1.45 (Mcap 37m) to SP 40p (MCap 1 Billion) to be conservative or SP being 80p (MCap being 2 billion equivalent to the start of GGP uptake).

Correct me if my maths are out on that one?

OK, send me an email so I know it's you and I can then send you the blog prior to publication.