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20 minutes can sometimes feel like a long time on a early morning spike :-))

Joking aside..Everything has to be lined up to hold long and strong.

Think I mentioned that my longest recent hold was KOD that I held for about 3 years and finally sold at 0.80 having initially bought at 0.04 and once i was on a free ride just let it run and run.

It was a 20 x bagger, BUT in reality I had taken most off the table around 0.2 with a healthy profit which enabled me to just let the rest run without concern for weekly fluctuations.

The whole principle of 'running your winners' is so much easier to do in a bull market.

Bear market rallys tend to be much shorter lived affairs.

The whole rising tide lifts all ships definitely played out during 2020 & 2021.

It's much more of a selective stockpikers environment at present and the herd can be a powerful force in these times when folks tend to run with the safety of the crowd.

I actually think better investors are born and made in bear markets and if you can be successful in a more trying environment when the bull market environment returns you should outperform your peers who operate with a scattergun approach.

Manlord has been a longstanding servant over on EEE for sure and was still posting on the lows when it was really quiet and was even there back in the days of their Georgia assets.

Pilbara has been the 'hotest' exploration postcode for the past number of years and excitement can sometimes get ahead of commercial reality but if you win there, you tend to win big as its become a investment microclimate.

I really don't know what is going on with Twiggy's company fortescue who are 20 years in now in the pilbara, with the recent CFO walk out just days after the CEO. That's 11 executives now gone from

Fortescue Metals Group in the past few months.

Australia's richest man has done an amazing job promoting the region, but iron ore prices alhave taken a beating and China demand has fallen of a cliff. These things all move in cycles so could be some buying opportunities ahead.

If only we all bought heavily into Fortescue 20 years ago eh?

It's only up 198,600.00%+ :-))

CSH2

Yes... 44km underground tunnel.

Eye-watering coats.. Dai.

Hard to get your head around the ££££ cap ex costs for something like that.

Need to get my head around what is happening with Anglo American and UFO's DSO project.

Situation in China hasn't helped iron ore prices.

Speaking of AA.... (won't mention SXX) well actually I will..

Have you seen that YouTube video of their INFAMOUS woodsmith polyhalite mine?

YouTube channel called 'the impossible build' has a new video called " Britian is building a massive super mine that nobody has heard of"

I was amazed at the 44km underground tunnel containing a giant conveyor belt running all the way to the processing centre at Redcar.

The numbers involved for the construction are incredible.

We know the UK government didn't want to pick up the bill.

The Sirius Minerals story is a good case study for all new investors in the junior space.

It could be a little earliy, but for what I can gather they will be digging out the core samples from the old core sheds at munni munni and re-testing these for lithium.

Incidentally I suspect a whole host of junior exploration companies (not just the aussie ones) will be revisting their old core sheds, and at fairly low cost sending off the previously drilled core samples to the assay labs to test for lithium where previous assay works undertaken on these cores never bothered doing any lab tests for lithium.

Potential New lithium discoveries still seem to be really moving needle in the junior space.

After Lithium, oil is also looking fairly hot right now.

Coal and gas the poor relations.

Would love a new large scale Cu AU discovery to be made by an AIM tiddler and light up the London junior market.

Recent placing at 0.20p

Massive shareholder fall out given recent falling knife situation with forward selling ahead of placing and ensuing capitulation on the face of things.

SP trying to put a floor in around 0.16p?

Any of you guys tracking / monitoring this one?

Potentially a powerful mean reversion play once the tide turns.

It's one of those that if the SP runs up again overnight on the ASX then I'd expect the SP in London to follow suit again (and the reverse is true) so lots will be watching what the SP does in the overnight sessions imo.

If their 100% owned land has good lithium grades then yes, I would expect the SP to really rip as everyone down under is looking for the next 'Azure Minerals' opportunity.

Azure was a very similar market cap what to ARV is right now before going onto 20 x bag to AUS$1.2billion market cap

Once Azure produced commercial spodumene grades with multiple large intercepts between 50m-100m+ across their licence their SP went bonkers!!

ARV's land is right next to Azure.

Pushing on strongly again again as UK Market catching up / reacting to expected further positive updates from Australian lithium play.

The land holding is near to the Azure land package which as I've mentioned has been one of the best recent multibagger lithium plays on the ASX with firm takeover offers coming in.

BMN vs JAY

Bumped this thread from last week as looks like both are trying to put that floor in on the SP after a long downtrend.

Time for a reversal?

Up over 100%+ now since news on the lithium in Australia last month.

Another decent update last night.

This was getting bashed to bits on hotcopper earlier in the year and then they all pile back in :-)

I'm wondering if the Aussies will do the same with 88e once they have finished bashing it?

Mile Ashley keeps topping up on them BOO shares

Good to hear you're up and running again Dai.

PANR just happened to tick a lot of boxes and has seen that momentum follow through.

Those multi session rallies coming off a long down trend tend to catch the eye and when they are backed with news catalysts can often push on

What's your thoughts on the JSE news?

Do you think it can push straight through the 45p level?

Those extra 2 snippets of news alongside Montara were a nice bonus imo.

Agreed

BOO trying to put that double bottom in on the chart.

Retail not flavour of the month in any way, but suspect the likes of Ashley is thinking much longer term

Some sort of worked trade going on at JAY..?

Mike Ashley keeps loading up on them BOO shares.

That's a volume spike over at JAY

Mangrove short should have closed a few sessions ago on PANR > looking like a squeeze on today now. Lol.

Another momentum follow through

Trend is being the friend here.

Looking strong for a free run up over the coming weeks ahead.

Rigs on the move.

Big drill season ahead.

Early movers taking positions.

It's good news. Re Montara.

Also, two extra unexpected snippets in that RNS also that should give if another boost.

Dai - you can afford a new PC now.. lol

Not sure, thought I'd see him over on JSE.

Hopefully away on holiday this time of year and relaxing with JSE moving back up.