Member Info for NicetoMichu

'just markets today' may well be true but did make me shudder... so continuing that logic: if for eg US markets were to go down say 20% in November - and while hopefully they don't, obviously... they easily could imho - this could easily head back towards 1p then, I guess?

(And NorthernMagic would certainly see that as another great buying/topping up opportunity then I'd expect ... The perhaps 100th ? such he's seen here in the last x years from plenty of 10's of pence on down.. to the extent of, sadly, making one hell of an attempt at disproving the theory that even a broken clock is right twice a day )

IF there is a major market sell off - US markets 20% off for eg - then anyone who has been through such before will remember that because of lack of liquidity all sorts of AIM shares can readily gap down significantly.. so this going down to the 6 p region for eg- in such a scenario - definitely cannot be ruled out imho.. hopefully that doesn't happen and it may well not, of course

I have very high hopes here. One of my favourite stocks in my Portfolio. Great potential for 150 p plus imho

Credit where it's due : very fair play to PPC.L on this drilling/workover campaign ! For the first time ever i'm proud to hold this share now. And I may need that pride to sustain me here, as we could easily be experiencing a fundamental problem of at least one - and easily perhaps two - meaningful sellers with plenty to still unload here and happy to just do that in line with a per cent of daily volume very broadly around the 1.5p range

I can hope for ongoing increased buying - into the good news - here in Nov and Dec towards mopping up the shares for sale more quickly.. but this could easily be a super tricky situation where potential buyers generally remain slow to buy as seller(s) is/are vey much about, even with much meaningfully good news around this time. So it may require II buyer(s) hoovering up blocks from II seller(s).. prices arranged in a neutralish off market fashion via brokers and reported through the market with no meaningfully good share price effect while overall overhang is cleared. Trafigura could - hopefully - do this or a n other II, existing or new.. but some such activity may need happen to avoid us wallowing - and wallowing - in a say very approx 1.3p to 1.7p range here.

thanks TrustLie ...impressive interview imho.. and re energised my belief here, and I somewhat needed that.

Your bet here is on the vision(s)/dreams of the one and only Mr Andrew Knott.. and my instinct remains the guy will deliver strongly.. but luck always plays its part too.

I have VERY high hopes for 2021 - golden scenario of increased production and better grades and a strong market price for ilmenite AND other titanium minerals too - here and have starting topping up for the first time in a long time.. would keep adding by increment up to 350p and could see 500p + here even 6 months from now..

decent interims in very difficult circumstances and this drilling/workover program is going well, maybe even very well. This re iterates to me that, at around 1.5p as i type, this s/p is currently a nonsense. (It should be well over 2p now....II seller(s) holding it back, alas.. but patience will be rewarded in the end I'm confident, and maybe even sooner rather than later, i'm more and more thinking)

The one and only brasso is back.. my favourite poster of all time here.. and saved my a bunch of money by my listening to him call it as it was for a long time here when there were many others here were talking delusional rubbish.. ( the same many of who are still here but have progressed to talking semi delusional rubbish only now, in fairness )

Something transformational needs happen here to change the tune. a big discovery.. a meaningful bounce in PoO+G ... something left field corporate that's accretive as opposed to the standard ppc corporate action that's wealth destructive

( the performance of this company has been abject for a long time, sadly.. but that could be, at last , in the process of changing around now.. hopefully.. but awful damage has been done and that takes time to reverse out of )

I meant to say thanks for your feedback earlier btw Dodgepot.

I guesstimate I have lost max 2 to 3k gbp in my total involvement here so far NS - I've had a fair few smallish range trading wins that have curbed losses generally - with I consider very fortunate given where I first got involved here and the utterly abject performance of this s/p to date.. I would guess you have lost a lot more.. a few 10's of thousands perhaps even would be my guess from following your journey previously? So I do somewhat understand why you are so concerned by flx goings on and the potential for buy and hold PI's to lose big here, far more than I am.. but again you don't know what the future holds and people place their bets as they see fit whatever.

The last time I quoted a target buy price was 5th Oct as best i can remember NS, and that was .75p .. so I am being braodly consistent.. I cut and paste that post here now:

''Not me today gov... but I did dump a third of my holding here on Friday, so do feel a little guilty of aiding and abetting.... it was only a grand odd so that should have been pretty incidental .. I genuinely hope for the long suffering this won't go further down from here.. (i'm unlikely to bet even semi seriously here around this time whatever, in truth ...but towards helping out a bit in any serious mess, .75p would see me to add some back and .65p a chunk more again.. etc.. )''

The not so good ship falanx has lifeboat capacity for its crew only, i'd offer .. passengers are sailing aboard her at their own very high risk, i'd offer :-)

You assume this is going under eventually NS.. it may.. or it may not .. and it may even thrive in the end. Nobody knows what the future holds for certain.

Buy low, sell higher

4 pounds plus coming here ?!
Egyptian Pounds ?
Which is approx 20p UK...
Doable at a stretch ? ...and then a decent retrace, perhaps ?

this is indeed starting to warm up nicely.. and good communication from the company so far too, which always helps..
breaking through 1p here is the first psychological milestone i'm looking for .. roll on that asap !

so you're seeing a good rally off the back of next weeks results dodgepot ? 1.5p perhaps?

FK1 might accept that there have been some rallies off the back of results here previously, short lived and big retraces subsequently granted .. but a range trade opportunity nonetheless

The s/p is not near enough to my target .75p - even at .80p -.85 p I'd add a bit - currently and so i'll likely not be adding back ahead of results this time.. so any playing I do is off the back of my current small remaining position here and or any further bet I'd make after reading that results RNS..

are you confident enough in that sentiment to add to your short sonofscb.. or are you considering closing it out and taking cover ?
There can often be an in anticipation rally as it comes closer to drilling.. and this exercise will happen relatively quickly..

thanks for posting that smacks.. and again shows me that this s/p remains awfully, awfully low versus the potential here.
I've said it before and i'll say it again: under 1p here is a nonsense imho

that new John Lewis ad - the joys possible when staying at home - is killing me..or should I say the theme tune is.. just when I was getting it out of my head and they start running that ad widely..

Fair play AParky. Great historical knowledge here and a smart guy too imho..

indeed.. nice bounce back in fairness .. and onwards and upwards past 30p hopefully.. but Mr Hudleston will be a key determiner of that, perhaps..

fall today.. but if it can consolidate around 24-25p then that's still fine by me .. the fall to under 20p was not a minor one.. so to break well out that spiral was helpful for morale..... well mine, anyway.. I'm staying long for the journey for a good portion of my bet here.. but always like to do a bit of range trading alongside too.. so have sold a bit north of 25p too towards again locking in another small profit.. etc.. but hopefully the main prize awaits the patient and makes my small profit taking look sad/wasteful

Good to hear from you here Snaffleman. Trafigura first liked it at 4p - from memory- and then added again at sub 2p .. so plenty of upside here before getting to their low - versus other II's and many Pi's too - average even.

I too am conscious of a market correction soon .. but who knows really.. and with the news that could come here even in thru the next 6 weeks I've stayed long and strong my full bet here, so far at least ( I've a low average here thankfully ..so even if this were to come off a chunk via a market sell off I wouldn't be too pained )