Member Info for Ohmni

Is it time for me to mention UFO again? Huzzar! You don't need there to be another EUA, you just need to get in at the right point and with the right amount of shares for your risk appetite and leverage ( not in terms of CFD margins but more, is 100k shares here better than 10k shares there) and with goals in mind. I got in here @0.982 with 140 quid so have 14254 shares whereas in UFO I have 252k shares @ 0.302 for £762 because UFO stayed at a level where I could build a more meaningful holding with what paltry sums I had to play with at the time (furlough pay sucked and I am looking at earning the same or less after recent pub restrictions, yayyy).

Now given the assets of UFO : DSO iron ore(pilpara region to boot),Mexican copper+gold (prospective mid cap miner JV DD due in a week or two),ozzie silver mine aquired (2000+g/t historic mined avg before closure due to depressed silver price at the time sound good to you...) and maybe even a million or 2 ounces of PGMs in a Munni Munni complex license; there is a clear disconnect between MCAP and assets even using a 3% NPV. So I believe there will be upward pressure on the SP and unlike EEE regarding MM, UFO has higher ownership in Munni Munni and no legal issues. Although to be fair to EEE it's not their legal issues, more their JV partners and I do wish I had got in there around the penny mark but it got away from me in terms of what UFO could bring me. Anyway.

My expectation here is £1.50 (upgraded from £1 thanks to Rowka but held below £1.75 conservatively by me for sake of sanity but my gaffer will owe me a tenner if it goes around that level) but if this goes for say 2 quid a share I will make circa 28K (not deducting taxes). Whereas in UFO if it hits 15 pence I will have beaten my profit in EUA which I am confident I will in terms of the lifecycle of a miner and where I got in. And this little ditty has made me wish I had put more into EUA when I could have but meh. That's the wrong way to look at it if you ask me.

So as bullish as I am on UFO in the short, mid and long term; it's EML (potential pot ash miner) for the long haul dividend play for me. Just to throw an industry low capex curveball out there ;) Now come on EUA, papa wants an ISA chock full of EML and UFO. I could sell some 600 hundred shares here to pay for another 200k tranche in a sub tenth of a penny stock (KOD or BOIL atm) or roughly another 19k shares in UFO but will I? Nope cos I know I would regret having sold anything here as that was never the plan. A small punt, held till the board told me to sell.

All the best everyone from a knackered and drunken pub worker that was surprisingly busy tonight but ultimately confused as to just what the SP closed at today. LSE says 12.5% up, Eurasia 9%, google 8.82%. Last I looked while at work before it got busy people were saying the gains dropped back as low as 4-5%. Some MM stuff going on in the background?But who cares, bring on Monday and another day closer to concluding

Start work in 40 minutes. Gonna be hard to put my phone down! Thanks for the analytics as ever Cap't Tilly and First Mate JT as for Lils nibbles, are we counting fleshy moles as well?

Funnily enough I do kinda have a dream of having a shop front with a license to serve (drunken but not phissed mi'lady) and sell over the counter to take home with a brewery outback and a distillery in the shed. Don't even care about being getting rich, just would be nice to escape the rat race and drink on the job tehe. Oh and winning some awards for some of my recipes, or at least the ones I bothered to write down lol, would be pretty sweet as well.
And a nice big garden I can turn into a fruit producing yard for that hand picked, locally grown Brucey bonus as a selling point. And the title of the shop would be something like good brew as my last name is Goodman. Ahhh to dream. Not that EUA will pay for any that, more pay for the foundation of a solid investing future with early retirement as the goal to build a p i ss heads paradise upon.

Williamsburg, nope. I mean my homebrew but you may like to hear I have a recipe for something I call Tilt. Because it kinda tasts like Lilt but if you drink enough it'll make you tilt. Lemon and lime marmalade mixed with puree'ed mango (the stuff you use in Indian dishes) and frozen pinneapple chunks. Add some turbo yeast+sugar+water and your off to the moon in but 3 weeks.

Is it just me or are we seeing more birds in the air lately?
;) Rums all round and a hearty huzzar for Cap't Tilly. You'll have to cheer loudly chaps as I think I hear JT servicing Lil's lobster pot below decks.

Looked at my actual Halifax account. 3488% up when I looked. And we're not even done yet, best £140 quid spent of my life. I used to spend that on takewaways in a month or two let alone a night out or 2. Buzzin and drinking some of me hooch. It's not even cleared properly yet but meh. Activated charcoal will help with the indigestion that a great big greasy parmo I may well get later will undoubtedly cause me. Defintely nothing to do with excessive alcohol. Nope, definitely not doc.

08-Oct-20 15:04:04 0.171 57,000,000 Buy* 0.16 0.17 97.47k
08-Oct-20 15:03:32 0.171 50,000,000 Buy* 0.16 0.17 85.50k
Bloomin eck!

UFO and EML. Maybe BMN and TRX. And all in an ISA.

Bit of a beast of a technical document for me but the title says it all.

https://www.valuewalk.com/wp-content/uploads/2015/06/Valuation_of_Metals_and_Mining_Companies.pdf

I do but in the kitchen as a microwave technician... I'm more of a chef in my own time lol. I also make homebrew in my spare time so will raise a glass around 9pm to all the good souls aboard HMS Eurasia.

I'm at work at the moment so raise a glass on my behalf cos I sure as heck did not expect to see a double digit rise when checking in just now:)

Well Sammm I do not want to sell before any sale concludes and indeed have not sold a bean since October 24th last year however I am expected to move out come the new year and my parents are confused by my laid back attitude towards a reduction in hours at work due to pub/household restrictions. Little do they know I am patiently sat on some 29 bags worth of EUA tickets :)
However if there was no sale come the new year I could well be forced to sell a % or completely. So basically people selling now will have their reasons. I personally just focus on my own objectives and leave others to theirs but that said. I would not want to be out of this when the RNS lands. Heck I could sell 500 shares now and get my initial investment back to derisk but I know I would kick myself for having sold even 500 lol.

Would it be unheard of for a company that was outbid to let the market know so as to try and force up the price a competitor of theirs would have to pay?

SXX was subject to a share holder vote so I guess it all depends on circumstances as they were a distressed seller, EUA is not. Regarding Greene King.
My manager had some of shares through a Greene King work scheme that he built up over about 6 years and he had to sell them and had to sell them at a lower price than he expected/wanted to. Sure it paid for a holiday or two for him but he was left disappointed. But yeah, given these Lockdown stricken times my pub has gone from taking a couple grand a day to under a grand a day. GM had to just strip 70 hours out of this weeks rota so RIP my earnings and RIP Greene Kings already beleaguered revenues as my pub is not even in the lowest performers for the area. Starting to hear unofficial internal talk of having to let people go. Woohoo for the wuflu...
Come onnnn EUA. Or should I say DLA and DS? Is and Ts being crossed and signed on the T&Cs perchance...
GLA and good health.

Seem him live 3 times. Creamfields, he accidentally hit mute during one of those times. A field of ten thousand stood confused amongst sudden silence as Tiesto just looked around before realising what he had done and took the mute off. Good times.
Now excuse me while I get some gl;owsticks out :D I jest but I am known for my freestyle rave.

If I was confident I was the last LTH to have not topped up I am now fairly certain that I am lol. I should have when we came out of suspension let alone pre and maybe even during the 17p doldrums but given I only have 1-300 quid each payday (zero hours and hours are being slashed recently) to play with it just seemed pointless to get at best 2000 odd shares here when I could get tens or hundreds of thousands elsewhere in places I am just as confident as EUA.

So I guess as ever it all depends on personal circumstances, objectives and timescales. Personally I am still quite happy with 14k shares even if I coul;d have hit 20k or better yet, sold my initial stake on each high and then bought back x number of pence lower and while my average would be higher I would have more shares now. Compound interest and all that jaz but that requires risk appetite and for as long as my capitol is constrained so is my risk appetite especially after some CFD trading...
I came so close to earning a years wages riding the Pd waves last November (one reason I am here) but then I Listened to my account manager and it blew up in my face thanks to an overly large and leaveraged position on gold going against me faster than I could respond or had the liquidity to deal with. Ouch.
Kinda my fault for not sticking to my small lot guns as well and my manager did help me turn 3k into 9k at one point (euros). The worst part is if not for funding that CFD account flush with some NASDAQ trading success I could have gotten 100k odd worth of EUA shares as opposed to 14254 I did at the time. Hoh well, live and learn.

So set your goals and stick to 'em people. Mine is stick with the BOD. If they say sell we sell if they say mine we mine. If they say partial sale and mahoosive JV we etc etc. Simples. Although I would prefer an injection of capitol sooner rather than later naturally. I personally would like a sale of Mt and retention of Wk that can supply the platinum to back Lybrion tokens. I see that as best possible scenario both short and long term.

I legit froze for a second before my brain said. Bet it's a bloody PME! And low and behold, I can breath...

Oh how I would like to top up but alas, powderless ie skint. Come onnnnn EUA, could easily be another 500k shares for me if that pays off in time. Heck if some of the projected sale prices materialse I could well aim for a million which is a far cy from this fool buying 5000 shares in SXX back in 2018.
But to be somewhat pertinent, I see silver is having a go at 24 USD/oz and from my amatuer TA it could easily be on it's way to 30-32 USD by X-mas and that is just looking at the current daily trendline so that does not take into account the predicted US stimulus package that will further undermine the strength of the dollar.
Looks like copper is consolidating after a pretty sustained rise with maybe a bit of BRN (Big Round Numbers) kicking in @ 3000 but most of coppers rise is due to Chinese demand. So what of supply and demand when the West starts it's own infrastructure programs to support the economy? And the ongoing rejection of fossil fuels in favour of electric power generation. So all good with copper imo.
Pretty much the same for iron ore so looking damn good for UFO in the longrun. Looking forward to reading the terms of the JV as well, that'll be new for me.

What I like about this rising is it removes any question of me topping up. Just sit back and wait for the BOD to put up the sold sign on the proverbial lawn.

Totally worth it :P And by god what an exciting couple of days.