Member Info for Oiliest

HullFC4ever... I've listened to that podcast twice. He says "Q1 next year" not January. Doesn't mean that it won't be launched in Jan though. If anyone can direct me to the exact timecode of that interview when January is mentioned, that would be grand... until then it's Q1.

GLA

I think that he means search for #ALGW and sort by latest. Check up on that fairly often because there can be things happening.

Clearly found support, it's fairly buoyant. Could well see 180 ask briefly again, but not for long IMO. Give it a year and don't fret about 10% here and there.

Yeah those are my purchases. I'm not that smart though, I was invested in Yu Group until yesterday (facepalm).

£11k spent. Sorry to have missed out on sub 2p. Possibly will wish I had waited for it to come again. Still, 2.17p average price paid. 500k+ shares owned. Not going to be a fool on this one and try to trade with it. Am going to wait and wait and wait, then before April 2020 will take out £20k to top up my ISA.

I've taken too many risks on AIM and been punished for it. Those risky behaviours are over now. GLA and try and have a happy Xmas, no matter how much you may have lost this year.

I'm waiting for a sub 1.50 bid to buy. Should see plenty of malaise between now and mid Jan, unfortunately.

I was wrong. Just a mug punter. I'm out. FML

"There aren’t any substantial buyers right now until this mess is clarified"

You can be sure there are a lot of eager investors holding back until then. People know about YU. It may be dormant now but it's not unknown. They are waiting in the wings. That's why you're on this board... eager to get a piece. Look at ITX and it's rerate from 1.50 to 7.70... this is the kind of volume and buying pressure we might experience here. Tiny free-float.

Yes it is a mess but if you're looking for a good entry point, this is it. Not half-way up a re-rate, buying into euphoria. Buy, hold, RNS, bags.

"The fundamentals of YU. Is what’s causing the sp to fall day after day."

No, it's the wait. People are unsure what the fundamentals are at this time. RNS will be an announcement "we have established new accounting practices" The market has already priced in some kind of disaster. They announced £10MM off forecasts already, the damage is done....

...and now they are taking on new staff. They are creating new revenue streams. They are debt-free and cashed-up. The IIs are holding. Majority of stock is in sticky hands. Announcing new contracts regularly.

When this RNS drops they'll have adjusted their figures from 2018 and their forecasts for 2019. Much more investable and the LTHs may well be rewarded with a gap up.

Of course there are no guarantees in AIM and the SP could go the other way, but the potential upside is much larger than the downside. The key is to be patient and unphased by any upcoming turmoil.

Great entry point right now... Wouldn't risk waiting for 90p. Probably won't see sub £1 again. Technicals look promising. The patient will buy a lot now and sit tight. Probably the best bargain on AIM right now.

Next: "Infill drilling campaign to convert resources to the Indicated category, metallurgical and geotechnical test work and progression to a full feasibility study"

"The Company currently anticipates that the results from its first diamond drilling campaign will be available in mid-December 2018"

So steaming ahead then! Fantastic! Looking forward to more news this month!

"The reduction in the reported resource through the tenement shift in no way affects the Scoping Study and economic potential of the project. The portion of the deposit affected by the boundary issue, containing approximately 3 million tonnes of mineralisation, is in the north-western extension of the deposit, a very narrow area not currently considered to be of interest in terms of future mining"

Still 93% as much Ag and 89% as much Zn and Pb as estimated on 20th Dec. Mcap is still ridiculously low considering the resource here :)

Are we waiting for news in the middle of the day. or should we expect it at 7am?

Anyone who has been here a long time can remember?

Are we waiting for news in the middle of the day. or should we expect it at 7am?

Anyone who has been here a long time can remember?

Oh crikey not another one. Well I won't be mugged.

Small variation of SP is not of huge importance, fundamentals are of importance and THEY IMPROVED YESTERDAY!

You know that great deal we were all so excited about? It's still due any time in the next couple of weeks. ITX just gets more and more promising.

"Great top up opportunity" I think is what he's saying.

If you just want to put a few peanuts in, you'll only stand to get a few peanuts out. If you've got the sangfroid of our friend amaretto here, you might be in this for a whole lot more.

Don't forget:

19Mt @ 6.9% Zn Equivalent (including Pb credits) and 24g/t Ag, 720,000 tonnes of Zinc, 570,000 tonnes of Lead and 14 million ounces of Silver

SS coming this month! Wait and see.

There's no trading on Wall St today because of this.

Maybe HL did me a favour - I'm mostly in it for double figures, it's just that my holding is rather large. Would have been nice to skim some profit at 8:05am though, Looks like a good entry point on ALGW.

which trading platform you on? HL went to NT for me

HL had it all stitched up... Didn't raise the bid from 5p at all this morning. Tried to do some dummy trades and it was NT even down to £500?!?! After 15 minutes they offered just above 5p for £1000 of shares.

Meanwhile I look at the trades happening and people are topslicing?!?! Where's my opportunity to topslice? Why not raise the bid?

Anyone else experience this?

Just getting us ready for the main course in the next week or two.