Member Info for Nigelbonger

Just for clarity my pension is spread across a bunch of gold miners, this was specifically 6 months of contributions entirely used to top up my THX present holdings. Even though this has so much going for it, i wouldnt be brave enough for my entire pension in it.

Finally got the transfer from my work pension. just put the whole amount in this, this morning. I transfer my work pension contributions out every 6 months. luckily got to chomp on a dip.

I would note my previous comments about this user. He always appears out of nowhere talking down a share, like THX and when it does well dishonestly vanishes after trying for months to get people to sell. I not again below and ask why he has the behaviour, to me it appears atleast counterproductive at worst in bad faith and dishonest. I also note the critiques aren't very interllectually thought out, if you knew the share properly you could potentially discuss risks on licensing etc. its just generic waffle about production misssed on a company that has maintained and also reiterated prod guidance. almost as if this person is just planting generic seeds of doubt into shares without ever researching them. Probably because its not the only share they do this to, so do not have the time to actually research below face value into it. The behaviour is very telling.

Why do you only turn up on bad news and down days? when shares take off you disappear?

As a fellow SHG holder i feel your pain, my ears always prick up when i hear takeover talk of juniors from SHG leaving such a bad taste in my mouth. its why i dont like Mike Hodgson always talking about being open for a takeover and pretty much no talk of defensively positioning the company to be harder to buyout. something Shell did very well back in the covid oil shock time, vocalisied this to shareholders too.

Potentially a takeover form the largest shareholder? Never see these as a good thing though so hoping its not this, usually take a company for peanuts compared to the EV to existing shareholders. what could be a quick 20% offer from here given gold is hovering around $3450 an oz this would be an awful deal compared to future FCF. lets see.

Personally the last catalyst must be the mine life extension. Which without a doubt looks like its coming, after which future cashflow expectations would be inclusive of not just tailings processing but production at the extended mine. Seeing extended strike drilling and satellite deposits i wouldn't be surprised if they can rise annual production consistently past 100koz even. could be a much bigger producing mine if they have the reserves.

Classic deramping. Hope you bought some when you were giving wholesome advice at 79p a share. missed out on doubling your money. Have a good easter, I will.

If only i had spare cash to deploy! everyday for the past 6 months i have been frustratingly working out how to deploy ever more cash into gold miners like this. There are many like this, that are so undervalued. Markets still have not woken up to gold miners current earnings they are yet to announce, they will soon though.

The entire sector is undervalued and i just wish i was flush with cash to keep buying, i have said it before, I have never seen a market opportunity like this.

Ah the share messiah is back. So everyone is aware M1Rob deramped THX loads in December and January, when it was trading in the 15 - 17p range advising everyone to steer clear and it will plunge soon. today it is 34p a share and offering a 9% divi... at the prices he told people to sell at youd be getting c.20% divi now.

I wouldn't get your advice from this guy, weird how he disappears into the mist of mystery like jack the ripper when his nonsense has been disproven. But i do like to chuckle at the bad advice nonetheless. DYOR, notice its never sound facts and numbers with these people too. Just widely known generic risks and three word drizzle.

FYI i only owned this in my SIPP, until today where i have jugged shares around to take advantage of the 14% dip. I now own a small holding in my main trading ISA too. Thanks to panic sellers, much love

Wow, what a silly market. the news is also 2 days old. Great 48 hour reaction window to this, im shocked this ahs caused that swing right now, currently theres alot of dim and sheep like behaviour going on in the wider market. Nothing burger

Thank god that THX has temporarily paused its rerate. I have transferred a large part of my work pension 13 days ago into a my SIPP so i can invest more into this. Unfortunately they have taken longer than the 7 days specified and i have been seeing this leap up. Hopefully they pull their fingers out so i can snap up another chunk before the impending news flows. crazy golds rising again massively today. almost $100 on yesterday yet THX is down 1%.

Once PTAL returns to my entry price*

Currently in PTAL for the divi and offsetting risk if oil had a shock. Currently assessing that oil hasnt got much upward risk now and THX offers the same divi. So will be waiting to reposition even more cash into this. Starting to become so overweight in this share, but just cant ignore how undervalued it is, seriously cant think of any share that comes close in the short and long term

Just an FYI. my range aligns with your X link although maybe i was undercooking the average abit. Didnt realise the higher end had risen so much though. Damn Trump is really trying to kill off US oil production. Thank you for the links.

Onshore US shale extracts at a cost between $40-$65, so if it reaches the lower end of this you will start to see significant Rig reductions as seen in the Covid oil shock where over a couple of month US rigs dropped 60%. OPEC lead by Saudi look to be punishing some OPEC cheaters so lets see how long that lasts but this definitely isnt a trade for the faint of heart. persistent low end oil prices and OPEC redeploying cuts seem to be the things to stabilise and fix this. its risky.

Worth also noting that the high levels of EBITDA and Revenues ratios they can borrow on very favourable debt covenants, should mean anything they need to borrow is alot cheaper than its historically been for them. A healthy amount of debt in a company isn't bad when well covered by cash flows.

Worth also noting that the high levels of EBITDA and Revenues ratios they can borrow on very favourable debt covenants, should mean anything they need to borrow is alot cheaper than its historically been for them. A healthy amount of debt in a company isn't bad when well covered by cash flows.

3k at 25p. Sold entire MTL now. I can't ignore 11% divi in a company that should be trading 4 times it's current sp. Even if it doesn't rerate there's little opportunity cost to holding this share now