Member Info for orangecannon

Anyone know why the share price bounced this afternoon?

Bugger.
Everytime the SP slips I buy another £5k.
This is becoming a habit.
I have some cash waiting for some other shares to slip, but this one keeps tempting me everytime I remind myself of the fundamentals

I meant 2.5% of my portfolio, not 2.5% of the company!

18 more days of drilling, (done 60m in 2 days, target is 600m).
Its time to zip up the man suite.
Drilling results could be gold, (ok, NI, CU, PGM) or could crash the SP.
I'm in 2.5%, as I don't want to lose any more, bit I'm tempted with the falling SP on Friday to add more.

The company has a new product, it's in demand

We don't know production costs, sales, revenues.
It's very hard to value a share in this until we know more. This information will eventually come out, but if it's good news, (high, growing sales, low production costs) the share price will already have gone up on each future RNS before you can buy more.
If it's bad news, (loss on every unit sold) the share price will tank before you can sell.

We are in a holding pattern until we find out more.

Hopefully, sales/demand will be strong, allowing reduced costs on future manufacturing, and profits will grow. The SP will follow the success of the business. Simples....

Can someone with more knowledge than me tell me why it's important to be on the western side of a craton.
keithOz mentioned it above re Chalice, And I've read about Kav /ksz being in the same relative location as Norilisk.
Why is being on the west important?

I don't think COP26 will blow over.
Renewables will continue their expansion.
IEA report about cutting funding for future drilling will be acted upon....
western leaders are commiting themselves to a green future...
EVs will grow etc etc

But...

We run on oil and gas, and some countries still massively on coal.
It's gonna take a long long time to move off it.
nuclear is the only alternative.
oil supply is going to fall a lot faster than demand.
I think oil shares companies are going to make a lot of money over the next 10 years
Oil stocks will become a bit like tobacco stocks.

Have a read of http://info.gorozen.com/2021-q2-market-commentary-iea-ushers-in-coming-oil-crisis, or some other report / podcasts they have done.

I sold my oil shares back in 2020, but I'm back in now with a range of companies, DEC included

I started picking up xtract shares from Sept, (came in vie CB link from jlp).
However, I went (relatively) big following the share holder day. I did not go but saw the streamed coverage, (from telegram) and started adding a lot in the recent slide. Colin convinced me this will hit at least 20p so a 300-400% rise if / when we get a sale.
Even if the rocket is more of a gentle rise, I am happy as the fundamentals look good

Iceberg
Thanks for your work/ posts - all great stuff

News - I've never filtered anyone on an sle board, but I think I will now

KCB was how I found Kavango.
IC -> JLP -> Chris Bird -> XTR, Galileo, -> sandfire -> KAV and AFP
Still have shares in JLP, XTR, Sandfire, Kav, AFP, so I am long on Copper.
The kalahari copper belt looks interesting, but tbh most of my copper attention is with XTR in Oz and learning about porphyries.
Ive not spent nearly as much time looking at the KCB grades. Sandfire are already developing mines so it looks good.

without starting a new thread.....

It's really, really annoying.
(Or may be just me, but I doubt it)

I sold my BMN but still hold Invinity - use their batteries please :-)

If we are doing energy transition stuff.... Then these guys say there is no option but nuclear as the future, if we are going zero /low carbon. I've heard the argument before, but I like their data/justification.

https://www.youtube.com/watch?v=Jz75yScqPpQ

Slp down almost 4%,
Jlp up 1%
SP movements make little sense as per usual.

It looks like they have updated the website too
Not much more content but it looks very pretty

Keith Oz
You sound like you know what you are talking about..... any chance of starting a blog as per iceberg (https://icebergshares.blogspot.com/) over on xtr?
Informed viewpoints are always welcome.

I've got 2.5% of my investments here - enough for a speculative prospector. Your comments make me want to buy more, but I am resisting!

It's a shame I've no more money to buy anymore.
I assume the price falls to trigger someone to buy?
But why would I if was going to fall further on no volume.

I was just being a bit humourous....
I'm in reasonably deep, and in for the long term so SP fluctuations are to be expected - I just prefer them fluctuating up :-)

so do we need to ask CB to stop putting out RNS?

If the share price falls on good news, how low will it go when we get 2mt of copper?

Anyone know how wedded IES are to vanadium?

Just been reading about Honeywell flow batteries, and they sound like an alternate chemistry.
Hopefully IES dont care and could swap out if a 'better' electrolyte than vanadium appears.

https://www.energy-storage.news/category/features/