Member Info for Nonegspleeze

Down 15% in the last few weeks and our market cap now below that of SLP. Never thought I'd see the day! I hold both but every time the share prices have been close to each other I've sold SLP to buy more THS in the certain belief that THS offers better value.. I now hold 3 x as many THS as SLP. Error, at least in the short term. Does make you wonder though how markets arrive at such conclusions, I guess it's our seller depressing the price for so long & ST of IC giving SLP a regular 3 monthly ramp.
The daft thing is I don't think SLP is in the least bit overvalued. Many respected posters here have mentioned a target price of 200p for THS this year, if not in the next couple of months, feels a long way off atm but just need a little momentum. Hang in there, the value here is nuts.

Hi all, having followed POW for a while I finally bought in this morning.
I like the business model and the thinking behind it and clearly Paul Johnson is not going to leave anyone guessing on where he thinks the company is headed. I also like that the board's salaries are sensible and that their rewards will come from SP growth, it means we're all singing from the same song sheet.
I've spent too long in companies that have great resource but can't finance production, BMV & Kefi the most recent and memorable. So whilst POW's approach has a scattergun aspect to it, I love the fact that the whole show is not gonna grind to a halt for months/years on end on one single problem. IPO, JV or come back to it later & move on. All 5 potential IPO's slated for this year are viable, what's not to like? I'm not expecting divi's in the near future, but income from JV's in the longer term is an attractive possibility. I am however expecting continued capital growth. ABlair, what's your point? The SP has trebled in 12 months, it just hasn't moved in the last three. Any investor would be happy with that. But your not an investor. Searching for a lower entry point because you missed the boat or just one of those sad freaks that loves being miserable/angry? So, just saying Hi & hoping great things to come. Nonegs

I'm out. Been here a year, average 1.45p. Too many missed deadlines, too many red flags, obvious keeo the lights on and continue to pay the board's salary fund raise coming before TK funding and now Adams & Leach looking for enormous bonuses just for doing the job they should have done ages ago. Greed doesn't touch the sides of it. Will have another look if and when you get rid of Adams. Good luck to all lth you deserve it.

Her77 steady on Bud. Let's not run before we can walk. We still haven't financed Saltend or Longonjo yet, we're light years away from buying out the competition. The longer we go without news on any progress from Angola, the more the SP is going to be under pressure. Started the week with a 200,000 sell, someone else getting nervous and the SP will continue to slide. Come on PA, we need an update on our mine, what's happening?

SLP, recommended by ST, Fool, TW, in fact every man and his dog, gets closer to parity, with nowhere near the upside.
Do we still have a seller? Or have we simply run out of buyers? Confused.

After hours price monitoring extension RNS (steady trading all day) and SP drop 6p, again after hours. Reported buys had outnumbered sells 3-1 all day, no visible variance after hours.

Hi All, I have it in my head that I remember reading that there are more warrants becoming exercisable during May. I've read pages of RNS's looking for that info but can't find anything. Did I imagine this (maybe another share?) or are more warrants due? Any info gratefully received.

ST
I agree, although any information/update from Bod/George would be hugely appreciated. Investors are otherwise going to assume the worst and the SP is going to continue to drift. Like many here my average is low and I am well in profit, continued drift/silence however will make me, and others, want to protect at least some of that profit. Come on George, what's going on?

Prenut & TT, fair shouts. Camperdown, get your point, my frustration is that this has become a trader's share, there's no reason(s) for the regular large SP movements. My average here is 34p and I have no intention of trading gaps/dips/toppiness or anything else. I'll re-assess when we're £5+ so it doesn't really matter to me I just think the share price volatility is unnecessary in a quality, main listed share. Not a drama, just don't see any reason for the price to drop today.

I can see absolutely no reason for the SP to have been dropped 10%+ today given the content of the RNS. Seems to me MM's are kicking the SP about just to generate fear and greed giving themselves additional business with a generous spread. Not for the first time either. Call me an old cynic if you want but can anyone with more knowledge than myself explain where the bad news is here? I'm not buying the "sell on the news" story either, up until the last half hour reported buys continued to outweigh sells.

Littlesthobo
Invested or otherwise, welcome to RBW.
The only way to learn is to read and ask questions, we all have to start somewhere and you should not be targeted for wanting to learn. No idea why other posters on here forgot their manners last night.

Jeff Christian adamant that Iridium and Ruthenium, as well as Rhodium, will continue to be in deficit "for years to come"
https://www.youtube.com/watch?v=mwUSdQ1xLCo

Tornado Tony, Welcome across. Have noted quite a few dual RBW/PRE holders. Very different companies sharing a very bright future. Good luck. Nonegs.

Gotreal,
Doesn't change the fact that Colin Bird calls the shots at JLP, who in my experience will do whatever he feels like, irrelevant to whether it's in shareholders best interests, to get to where he wants. Once burnt, I would NEVER invest in a Colin Bird company again. Apart from that, it's a great opportunity. ;)

Tornadotony
Welcome back
Was thinking of you yesterday when the SP fell through 140p wondering if that signified all gaps filled & subsequently a buying opportunity.
Ended up sitting on my hands as I'm so overweight here anyway. Onwards & upwards & nice to see a bit of blue this morning.

Nicode and Phantom
Thank you for the links, both very informative. Extremely pleased with Meyer's comments, rare to see him so enthusiastic.
Miners overall had a shocking couple of weeks. However, noting that buys outweighed sells X 2 here today and hoping for a nice reversal over the next week or so.

Velocity
Your thoughts on this do bare weight. From an investment point of view I own 9 stocks, all 9 are down today of which 7 have reported buys significantly ahead of sales.
Heyho.
As a publican of 30 years standing I can also tell you that equinox's, alongside full moons, bring out the worst in people's behaviour for no obvious reason. Police and A & E staff will tell you the same.

This board has gone to rat pooh the last couple of weeks & Captain Badger you've just won, hands down, by a distance, the most ridiculous first post award.
We started last week at £1.40, 26p above where we stand as I write, which in my book, is not a bad rise in less than a fortnight.
There are many, myself included, who believe that the upcoming BFS needs clarity on the Saltend planning application before release because it would not be possible to give any accurate guidance regarding timescales without it.
The problem here is that the meteororic rise from 140p to 205p has attracted all kinds of "get in the hole" "going to the moon" traders and dreamers and that the share price is retracing as they realise their error and bail out. A previous, very knowledgeable poster on here would tell you that all gaps have to be filled and that we could well see 140 again before the next leg up.
That however, clearly won't suit the get rich yesterday goldfish brigade. Although nobody likes to see their investments lose value, it helps if you have faith and understanding in your chosen investments' fundamentals, makes you grin really.

Bizarre reaction to a really good RNS today with sells outweighing buys 3 to 1 and not for the first time, either.
Funny old world sometimes.

Hi All,
another great day for holders here today, however, I'm developing a problem.
I hold all of my shares in a SIPP and hope to retire in a few years time.
Historically, and in an ideal world, i like to keep shares in 10 different companies at a very rough ratio of 10% of my total portfolio per share. Obviously rises and falls of my investments make this an impossible ask to keep precisely, but by top slicing winners and cutting losers I normally stay within a few percentage points.
In addition I do not allow myself anymore than 2 companies from a particular sector or any more than 2 companies from a particularly geographic.
Some investors may feel that 10 companies is not enough to mitigate risk and others might feel that 10 is too many to keep an eye on, however, I have found that up to 10 suits me and has served me well.
I first found Pensana last year, liked the story, and invested roughly 10% of my pot in the company. Pensana duly trebled in just a few months and I halved my holding, investing my profits in Rainbow Rare Earths. After a later retrace here, I couldn't resist buying back my "sold" shares at a much lower price, my average cost now in the low 30p's.
Rare Earths are absolutely crucial in so many areas moving forward, well documented by knowledgeable posters here and elsewhere.
So now my dilemma is as follows.
Following significant rises here and over at RBW, rare earths now make up nearly 50% of my portfolio PRE 32%, RBW 16%. On any metric this clearly way too high but....what to do.
Common sense tells me that I MUST top slice both and reinvest elsewhere (or keep the cash for a while) . My heart and my head tell me though that the story for Pensana in particular and rare earths in general has only just started, the long awaited BFS is imminent and £5, even £10 a share is a real possibility within the next two years. If I didn't top slice and £10 came to pass, my quality of life through my retired years would be significantly enhanced.
Suggestions?
Any and all thoughts gratefully received.