Member Info for OldTownHat

Cheers tony. Thought today would be the traditional RNS day reignited. Maybe intra day?

Shut up you rampant old poof

You'll have to ignore my ignorance of Hunger Games; I'm more of a 1984 type dystopian fiend. Reference to the elite being Wasa and DJ being O'Brien and us poor imps being the unsuspecting Winston. I'm joking of course; when I refer to elite I mean those that distribute knowledge and expectation in a normal environment in a linked chain of events. However, it's not working in practice (COVID and the COVID/AIM combo) and people have scaled back positions and are much less bullish than they were, and I'm just pointing that out. Cheers bwana

I happened to converse with Osaka a few months ago and he pointed to April being a key month then September. **** me if he’s right I owe him a massive bottle

Wasa. Nice to see you over here as well and that you’re risk spreading (lol). As you know people sell for many reasons - distressed, overweight, investment case, cash flow etc - but this one is an odd one considering it seems to have stopped, which points to me to it being overweight much as you were on HZM. Hence the de-risking. I don’t feel the EV market is quite the success story many of the boards I frequent make out. There’s the massive environmental costs both in production of the raw material then disposal of by product but also after they’ve been in the cars. Don’t think the industry has solved that conundrum yet. I’ve got much smaller positions than you in these but got another play (SAV) that should be at the forefront and am pinning any hopes I have on that one. All the best

Finally some realism settling in from the messageboard elite. I've been saying this intermittently for months now. I always go back to why Vale offloaded. Yes price of nickel but also capex was massive even before COVID! It's a huge ask to build a mine and at a whopping cosy of half a BILLION almost. Think people got overexcited and carried away with the ride up to 9p, nearly 10p. Don't get me wrong, I'm in at 3.8p average and haven't sold any in the run up but certainly 20p is a target that will be hit, but just not until that finance is concluded, irrespective of getting ahead of the capex. Fingers crossed

Could be some big PI disappearing after the summer from what I read tonight. Come a long way from the 20p, 30p and 50p predictions some were peddling before Christmas. Pure fantasy. Always was. Got to hold at least two more years to see that kind of dough

The thing is the news has been “close” since October hence the price drifting not just down to the big seller. The Chinese are beginning to sort the nickel market for themselves and you can bet your bottom dollar that they have got cobalt as well. I’m ambivalent as still average 3p ish but if it drops further in the next 3 months without news, I’m out

13 October 2020. Everything was imminent. Feel like we’ve been cuckolded by Prince Andrew. Shafted royally. Lol

I would love it Kevin keegan style if I was proved right. Imminent my Aris. Dan Betts Matt bull ****e queen Buckingham palace. All that. Project economics. Blah blah. High IRR. Low capex. Hope I’m wrong though lol

Is this the seller? Yes, yes it is. Only 4% more to go then lift off

I've just stuck another £500 worth in for a punt. I've given up hoping for life changing, so now I'm just expecting a whopping good meal out

Hi mate! here for the long haul especially after conversing with Osaka. Keep the faith

I like the statement “better balance between EU and external”. Means fcuk the Chinese and Aussies and Brazilians

You’re still around then InB! Fair play. Been a long time this one

Define “near future”. License > Funding > Build > Extract. A long way off. My near future is 3 months and we will only get the license then. Funding probably follow very soon after

But this doesn’t produce? So your investment strategy a bit flawed wouldn’t you say

There simply has to be a special dividend. S2 surplus is ridiculous and not an effective nor efficient use of capital. 20% to return. £2.6b anyone?

Despite and against better judgement I’ve topped up today as it fell below the 4p. Been a critic of Matt (even spelling his name Dan Betts) at one point as he’s just another spiv in a shiny suit. However that doesn’t stop the fundamentals on this. Bring on the “imminent” (now nearly 6 months) news LOL

Not negative just realistic. Just think any value created by NASDAQ will be offset by the increase in the number of shares less the cash they get for them obviously. And no, I’m in already and don’t want any more - I’m already at two bags