Member Info for PortfolioPower

ID78

I'm still holding and as long as nothing changes will also hold past the commandment of drilling and see how if all unfolds.

I've got a both a core holding and a trading pot.

I did sell a tranche of my trading pot which I have ringfenced to re-invest if they raise some more cash.

The best case scenario is that it plays out like EEE.

Incidentally, worth taking a look at the drill contractors that they have appointed.

It's the exact same company that have been working with EEE on their pitfield licence and since they started drilling over there the company has done more than 10 bags.

Horult

On a simillar sector theme.

I bought some tranches in SUPR when it was at 65p and put my posts over there at that time.

I am still holding as alongside the growth it's a healthy Dvi stock so might be of interest.

I mentioned it a few times over on Tecan as Trek is also a holder

He took the share price of Pizza Express from 40p to over 900p+ before selling the business.

If the new SPEC factory enables the same kind of business and share price expansion here everyone will be very happy.

That one is on my watch list Dai.

Historically spiky chart that has seen the price double on good news events

Likely Private Equity target imo.

One of those where an RNS lands with a recommended offer of 155p+ and the SP gaps up on open to around the offer price.

Or simply see this re-rating back north of there as the SP recovery plays out.

GLA

There are various videos of the Bre-X scandall on YouTube.

This one is a nice short summary of how it all played out with some technical details thrown in and how the scandell led to the creation of the qualified person rules & the NI 43-101 code

https://youtu.be/F2lFq1SS0mA?feature=shared

Decided to search up on Ebay and yes, you can actually purchase some what looks to be reproduction Bre-X share certificates and even a copy of the Busing project technical report!

Dai

Yes I was very happy to shout MNG when it was down at 170

It was a no brainer really.

Been a nice steady riser in the 'don't need to monitor daily' box.

Or 'boring safe returns' section

These boring stocks throw off healthy dividends that can then be spent on the more 'racy' small caps.

Some of which need minute by minute monitoring:-))

A peak rate of 2,848 barrels of oil equivalent per day ("boepd") (11.9 million standard cubic feet per day ("mmscf/d") and 856 barrels of oil per day ("bopd")) on a 18/64-inch choke setting, which was achieved with no material drop in bottom hole pressure.

· During a separate, planned 48-hour period of stable flow, the well delivered steady production rates averaging 3-4 mmscf/d and 200-400 bopd (700-1,066 boepd total), at a choke setting of 8/64-inch, with no material drop in bottom hole pressure.

Another tick up

Been NT to buy for some for all of the first 30mins of trading

Always worth checking the lastest TVR RNS

Which on 24/3/25 confirms 1,248,740,307 shares in issue.

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'Hot Rocks' hold positions in lots of small caps.

The Company holds equity and/or loan and/or warrant positions in the following entities and maintains a healthy cash balance for future opportunities:

D3 Energy

Elephant Oil Corp

Endor plc

Mafula Energy Limited

Minergy Limited

Mosi Copper Limited

New Horizon Oil & Gas Limited

Orcadian Energy Plc

Oscillate plc

Phoenix Digital Assets plc

Pilar Gold Inc

Rift Resources Limited

Royal Road Minerals Limited

Supernova Digital Assets plc

Trigon Metals Inc

Tucano Gold Inc

Unicorn Mineral Resources plc

Wishbone Gold

Abit of a proxy for the junior market they spiked up to 0.9 in 2021 fell back to 0.1 last year and as the juniors are showing signs of recovery have bounced up a little to 0.22.

I suspect they will be hoping to see a sizable liquidity event from at least 3 or 4 from the above over the next 12 months.

Interesting that over half their present market cap appears to be held in cash.

So, if they want to keep stake building here in the open market, they have the ammo to do so.

GLA

Funny reading the cross ramps for other comps on here.

Shows all eyes on WSBN atm

Floor well and truly in on the SP now.

A well executed placing can masssively boost market confidence.

As long as they start to raise at incrementally higher levels than they last placing then the market will see this as a big positive.

I wouldn't have a wobble if they did another raise ahead of drilling.

If anything I'd probably massively increase my position size.

The last time this went on a big run up, they managed to raise several times into an increasing SP and even raised at a premium..

Both OMI and GSCU have skillfully navigated raising money at higher prices over the past year and in doing so have seen the market react positively

Another recently well executed placing was by PAT who decided to raise enough to cover multi year costs rather than the usual 6 months.

That was an excellent raise as anyone wanting in now knows they have to buy in the market.

So far WSBN has delivered a decent return for the most recent placement holders.... so there should be plenty appetite out there now to raise a decent amount next time around to cover costs into 2026 .

If they get the next placing away at a decent level and for a sufficient amount I'd expect a very positive market reaction.

GLA

Bid

$3,400.50

Ask

$3,402.50

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(+2.21%)

Gold continues to roof it

$ 3,386.40

(+1.79%)

That chart really is something

I remember discussing the potential scenarios in which gold would make this mind of move over 2 years ago and whilst I'm a massive gold bug and therefore benefitting from this move playing out, It was generally felt that the circumstances in which this kind of move would happen is likely to mean that sadly things really are going to get much more volatile elsewhere in the near term.

Gold continues to roof it

$ 3,386.40

(+1.79%)

Amazing strength

This video on ADV is always worth a revist, especially when the markets are closed for a few days over a bank holiday as a reminder of what lessons can be learned from and drawn upon in future

https://youtu.be/oycoxfiPKgI?feature=shared

Tro,

I also remember when Thr held pilot mountain.

I think at that time the market was only attributing circa £1m value to its licence

It's now £50m in GMET

Reminds me a little of those helium licences that were once held in that other aim comp valued at a mere £500k that were then transferred into He1 and a year later were trading a Circa £200m+ pre 1st drill results.. :-)

Pretty much all pre revenue AIM comps are basically 'story' stocks with the game being to keep raising sufficient funds to keep the story going until they either reach positive cash generation, totally fluke a discovery, or collapse leaving a trail of bagholders.

Whenever a new comp springs up, it's always worth checking out who held the licences previously and what happened.

There are so many projects out there that have done the rounds and get flipped from AIM over to ASX and then TSX or back again and end up looking like a pin cushion until they get flipped into another new comp who will 're process' old data and suddenly claim the previous owners foolishly missed a billion barrels of oil (insert flavour of the month commodity) usually these licences are in far flung remote destinations where the chances of an investor actually turning up to see the (lack of) work being done is practically zero.

All of that said.

I'll still trade them, especially when im purposely seeking out volatility and high Beta exposure to a particular sector or commodity.

@deep100

Good to see you are already up on that trade.

Agreed LW.

P.s.

Good post over on OMI