Member Info for oldabutnowisa

...in Rajasthan may not bring us immediate ingots but it could cause the new guys to do a deal with PAT rather than carry on fighting a hopeless court case. That would overnight turn this into a big-bagger, but right now the SP gives this hardly any hope value.

should read 'TOP-UP'

This silly di8p will be your last chance to fill boots (if you are quick) at this knock-down price. 4-bagger coming SOON.

.... seems to have dried here. I think that has affected the upward move of SP.

Just read your latest post, brynjon and you seem to have done same as me - I call it my 'Flutter fund'. You sound as though you have spread the cash into more stocks than me and have less in each. You are also doing a bit better.
I know you may have worked this out already but I thought I would tell you because I only recently discovered it: the dramatic effect a sale of part of a holding for 100% profit can have on the average cost of the remainder. I was lucky enough to have one stock (HMI) on which I did this. It really reduces your average on the remainder dramatically. It then fell back 50% so I naturally topped up! Good luck. On BPC we are certainly going to need it. I bought most of mine here on the spike and need over 5p just to cut even!

Lovely one way traffic. Not enough stock. Expect 400p shortly.

Only doing their job and our answer is fine but may not be liked by the market!

but it seems this is invariably greeted with a markdown in SP!!
My feeling is that commencement of mining is around a year away, because they will want to go through this exercise with Zone 2 also before they commit, but I could be pessimistic. Still looks exciting and a fairly low cost play.

... as I predicted. And this is only on teensy-weensy purchases.

Loads! I have 5000 recently bought for more. Good luck BB

CBB - I don't know your involvement with LGEN or your buy-in price, but with the prospect for interest rates in UK so uncertain, the divis here are worth having. I was lucky enough to get a few at rock bottom 150p so will probably hold until death do us part, but if you have loads, consider a part-sale if you must, so long as the reinvestment won't cause you sleepless nights. Best wishes, Olda

Kitron! Is it a coincidence that KIT should have a significant interest in an unquoted bit of foreign excitement named KITron?

I own another McMaster counter much further down the line and he is a smart operator. This looks good but from experience I am careful about the tendency of the mob to jump on and then off for a quick profit at expense of LTHs. Will watch for now. Good luck to those already in here.

We might all be wrong but we all believe this is the build up to the mega-RNS which will send the SP upward, quite possibly into the 20s. RFP result must come soon. Odds heavily favour award to this company. That's what this build up is primarily about.

.... better than the supposed 'alternatives' like RICA and HAST both of which I bought too! They will be ditched when volatility goes but these will not - in fact may reinvest some here.

Losing about 9%. Sould have kept nearer even in a poor market like this, but will only sell when relatively sure weakness and volatility in UK has passed. Better the devil you know!

Noting SP again. Cannot complain. Does what it says on the label. But will be necessary to decide when bull is back and go elsewhere. Always difficult - but not yet.

while enjoying the glorious sunshine on the prom:
What would I do if I owned a controlling interest in WEB (and vast wealth as well like Mr JM here)?
1) I would not have to do anything. But it is under-capitalised though asset-rich and since I am the majority shareholder, unless I reduce my majority position somewhat , raising fresh capital may not be desirable. Besides, you have to say why you need extra capital,
2) Look to sell WEB and distribute proceeds. There would undoubtedly be buyers and this could be not a bad time to sell. Talk is of a change of heart about online gambling in US and challenges to such legislation could take time, and not be successful, devaluing my assets.
3) As 2. above but keep some of cash proceeds in the shell which I will continue to majority own. This sounds even better. I will have a nice slug of cash for my other interests, minority holders should be pleased. Most will be either in profit or nearly so and a cash rich shell is perfect for a billionaire with a lot of other interests and chums into cutting- edge tech looking for investors (see FFWD.

So, if I am right, which I doubt, the next few weeks/months could be interesting for those of us who don't necessarily take the fast buck and sell!

...for the mind of Mr J Mellon. Apply here. Reward substantial depending on shareholding in WEB! Like a few here I am totting up average cost I have paid so that I know at what SP I can pull some out. Will need to go it some to double my average! Wildly optimistic but a sensible precaution, particularly if this spikes again, rather than the real deal.

All the talk now is of cooling of desire by Fed to increase rates further.Tthis may well translate well to £ (depending, of course, on Brexit). If rates here stay low and predictable, will be a favourable climate for equity release IMO. Dividend restoration now almost a certainty and likely to rise in future years. I bought a few at 76p as too cheap - never make me rich - now they may become a long term hold. If I am right, there will be demand from UTs and ITs too as well as possible takeover interest.