Member Info for Pickuzawinnah

Help me out here. I've a portfolio across a few things including mining. Fair to say I'm not an expert in mining Helium.
There's talk the last couple of days of 20% chance. Of what ? Hitting anything ? Or the exploration/appraisal confirming the scale and quality ? It feels like the chat lately (caveat emptor) has been to put the brakes on to stop people from throwing their life savings into HE1. I am a big fan of the balanced view. But it's felt a little "binary". Like either this is going to go insane or you're throwing your money away.

Usually there's a middle ground. Isn't that the case here ? That if it's seeping from the ground then there's reasonable certainty that there's helium. But our friends at Mitchell Drilling will confirm if it's 13Bcf or just (say) 8Bcf, "Just" !

if someone can offer clarity here it would be appreciated.

I noticed Myles M on Twitter last night complaining about the volumes of red. And looks like same today. UFO not unusual. It just means more gain for new buyers when we go up to the analyst's minimum valuation and hopefully some way beyond.

@yayay - think of it like a booster shot of learning. if you only make one mistake every ten years then I'd love to chat with you over a pint sometime. Unless you only make one trade every ten years . . .

On my phone so cannot copy/paste link. Reuters article describes Andy Haldane's belief that the UK economy will bounce back quickly because people are desperate to get their normal lives back. Reuters GDPR prevents me from reading more, so just alerting the board here in case others can read it

I've two or three holdings like this. It's frustrating not to see them up where they belong. But at the same time it's a great opportunity to add-in before there's action. I just wish Eurasia would get the blimmin' deal done; it's tying up money I could be growing here for the next 18 months.

As I see a lot of red in my portfolio today, I may hire Gusto to be the cheerleader for the rest of my shares.

Certain we have support above 30p. Encouraging signs today. Plus Germany reversing its Easter lockdown decision. Ready for a steady rise now. Just wait until the news reports and vox-pop street interviews are broadcast in a couple of weeks with shoppers saying things like "it's just so lovely to get out and go to the shops". That's when the fear is dispelled.

Sorry - out of the loop all day.
Thanks for correcting me, Hollamatronic. I completely overlooked that. But then I view morning RNSs bleary eyed in bed as soon as I've woken up. Probably not the best practice. Anyway, thanks for correcting me.

Few initial thoughts.
The news appears to be of higher value to MetalNRG (stand-alone RNS) than to Eqtec (not even a mention on today's major update). And I'm glad DP waited until after MNRG did a placing before signing the deal. MetalNRG appear to do a placing every six months or so (three in the last 14 months).
The main focus appears to be creation of the SPV: MetalNRG Eco Ltd as a mechanism to propel MNRG into renewable energy. For me, the key line in their RNS is: "Over the next few months, we will advance a pipeline of viable projects that meet the Company's existing investment criteria, and we will progress a number of investments . . . . with specific focus on biomass projects and waste to energy projects in the UK and Europe". Sounds good to me !

I briefly bought into MNRG last year - but bailed when they announced they were not pursuing the acquisition of LVG (gold mine). It's an interesting company with good potential. I think its tie-in to Eqtec could suit both parties very well; MNRG bringing investment, connections, and possibly some synergy around its sites in Lincolnshire, EQT meeting their ambitions for natural resources/value growth.
I wonder if DP has entered this relationship recognising its value in addressing a couple of issues: 1/ sourcing funding for project initiations/site acquisitions, and 2/ adding to pipeline for 2022.

As always, welcome comments from people who know more than I do.

Yep. My take on it is:
We had the TP research/valuation effectively confirming that the SP should be 1.25p. Minimum. And that was prior to RNS on the Tailings.
1.25p is about exactly the same as a director purchase a month or two ago. Reassuring.
Today's RNS and presentation confirmed everything that we know. Further reassuring. It wasn't a shock (good or bad). It wasn't the development that many of us are waiting to hear. But it was a very public statement confirming all the activities taking place at EH, Hancook, Donavon, San Celso and Los Campos. And at several points makes clear everything is fully funded.

My take-away from the RNS is that everything we believe is happening has been confirmed as happening. Excellent. Thanks. Takes a lot of the doubt away. Kicks the can down the road a little, yes. But I can wait now feeling more confident that the can will be full of iron and silver and gold and copper.

As a sales specialist myself, there are three key elements to pipeline: overall size, quality in terms of stage in the process, and execution date. I am certainly no specialist in sales of sustainable waste-to-energy plants, but if they've 83 in the pipeline today, then probably 12-20 are reasonably well progressed and well qualified. Which presents a lovely dilemma - which to pursue and close first.
I'm very encouraged by today's RNS because it really looks like 2021 is going to be transformational an 2022 very rewarding.

Plus, you know, it's good for the environment innit !

Not teaching you to suck eggs, mind. But I know exactly how you feel. When the Pfizer vaccine was announced I lost about 50% on AVCT and 55% on ODX in an afternoon. Like an idiot I sold in a panic to minimise those losses. Now, three months later, and I would have been about 40% up on AVCT and back to parity on ODX (roughly speaking). You had a bad day. It'll get better.

Depends how long you're willing to wait. 1 year should equal very good returns. 2 years significantly more so. 1 month ? Well, that's tricky. All imo, of course.
No-one's going to tell you yes or no because all it takes is an unforeseen development and it leads to bad blood. You have to make your own mind up.

@Morgan - sorry, just to clarify, my "muppet" isn't meant to be abusive. More jovial. Like a workmate. Don't like aggression on the board.

@Morgan - if you can see this going to 30p then sell now, you muppet (and it's "should have", not "should of", btw) and buy in again later. If you really believe what you say.

I will readily admit I didn't believe we'd be seeing a sell of of these proportions today; I thought last week's retrace presumably based on revised targets by JP Morgan, was a bit misled and overdone. At approaching 30p it's way oversold imo. I know latpulldown has reminded us several times but: NAV of 82p. Shops reopening in a couple of weeks. A huge amount of unspent household money not going on holidays abroad. Pent up demand for socialising. All that means secured rentals.

I know I can be wrong, but this is looking oversold to me.

Like you, latpulldown, I had mine late last week. Tired all weekend but otherwise fine (in case any conspiracy anti-vaxxers were interested).
Politically you just know that Boris & Co want to get the shops and the economy on afterburners ASAP, if only to stick two fingers up at the EU who've played silly beggars with the vaccine. No doubts, we're going to see HMSO's SP bouncing back up, and soon.
Have a good week ahead folks.

Firstly - thanks aandi. You're really putting effort into keeping the board informed. Greatly appreciated.
Secondly - exciting times ! I was convinced the case would be given time in court, and very happy to be wrong. Certain DP would have put funds aside to cover legal costs, which can now be applied to sales and marketing or other critical operations, and further decrease the need for placings in 2021.
Thirdly - I'll see you all in the queue for EQT shares at 8:01 tomorrow morning !

Probably just jealous of Morgan Stanley's sweet manoeuvre.

I dislike the writer's style and I'm not deramping, but there are a couple of points in this article that are worth considering:

https://seekingalpha.com/article/4414808-shoe-drops-in-british-commercial-property

In case the link doesn't work, google: "seeking alpha other shoe"
In essence, the argument is that commercial property is almost exclusively in retail and office space (some warehousing).
Makes the case that working from home and the convenience of online is going to slowly kill retail. Hilariously, although the writer later acknowledges that return to normal life will adjust the figures, he offers evidence that "The pandemic has driven the online share of retail spend up to 50% for some periods". No shot, Sherlock !

However, there are a couple of compelling counters to their argument. As we've seen, HMSO is already converting empty Debenhams into housing. Not commercial property. Double win here: rent or asset sale (with leasehold revenue) for income. Plus makes the centre more appealing to retailers since customers permanently right on the doorstep.
And convenience of online is only half the picture. Experience is the other. I believe that increasingly retailers will use shop space to show their wares and offer enticements to increase loyalty, even if the actual transaction and fulfilment in many cases is done online. For example, a home electronics retailer can give customers hands-on exposure to the kit and offer a benefit for continuing that relationship when they buy online (loyalty cards would be an obvious and lazy example - I'm not here to spontaneously brainstorm the solution). Purchase of printer paper and video games - and other totally replicable commodities - can readily move online. But clothing, electronics, furniture, cosmetics, food; these are the kind of items people want to touch, and feel and smell (I was thinking of cosmetics, but if you're REALLY into electronics then maybe . . . ) before buying. I believe retailers can find the right mix and property owner/managers like Hammerson can adjust the balance accordingly.
Like I said here before - still a LOT of upside here. I think we're maybe halfway back for 2021 (my prediction is a 70-80 finish to the year), with further recovery in 2022.

Welcome others' views of course.

Excellent shandy - thank you.

I take an even less positive view than you, and it still looks great. Sales can take longer to start generating income - just in terms of getting a team onboard, connecting with prospective clients and building sufficient trust to start selling in volume. But, counter to that, I lean more positively after a couple of years (steeper line).
2018 = £12M
2019 = £1M
2020 = sorry - anyone know ?
2021 = £4M
2022 = £20M
2023 = £50M
2024 = £100M

Not saying you're wrong at all; we'll only know in hindsight, of course.
But just tempering my own anticipation with experience of setting up sales teams (admittedly not in pharma) for a slower start but then a steeper acceleration once early adoption is cracked.

GLA - Definitely holding for a while on this one.

Oh great. Not only are we continuing a thread that's spelled wrongly, but Chris2 has arrived. Yay.

Know exactly what you mean on that "please go up soon" and "wait, I want to buy more" dilemma.
And thanks to regvarny, aandi, and V111JAS for regularly sourcing good info.

I would expect the case to go ahead and have its day in court. But I would also expect DP and the team have put funds aside to cover legal fees, and EQT would appear to have a decent shot at winning, or there may be a more neutral settlement involving agreements not to trade in each others' territories.
Either way, unless I'm wrong and it's thrown out, I anticipate a wobble to the SP in a week's time, followed by a resurgence shortly after. Sorry I'm not in step with many others, and I am wrong enough times not to offer this opinion confidently. But just allowing that it may not all be positive in a week's time.

However, there is a lot of good news surrounding EQT including the Long-term incentive plan; don't underestimate what that can do to attract, retain, and motivate good people. I plan to hold/add through 2021 and 2022 because I genuinely think the next two years are going to be excellent here.