Member Info for PortfolioPower

P.s

I shared some info with you previously a couple of months back which may or may not prove to be relevant regarding the balance sheet strength of their neighbours who are well backed by sprott.

You can retrieve the financial accounts of Royal Road Minerals from Sedar. They have a healthy cash balance.

As I'm sure you are well aware, RRM own the adjoining land to ANZA and have hit some decent grades over the past couple of years.

It's firmly believed that the main ore body sits within OMI's land package and its the extensions of this that extend and spill over into RMM Licence area.

Can't believe that the bods of both parties haven't already discussed some kind of mutually beneficial JV.

RRM's cash, plus the Financial backing of sprott, added to OMI with their highly gold land package plus an imminent maiden reserve estimate with over $30million of drill data to model in would be a compelling prospect indeed.

@LW

I'm still holding long and strong. Other than a quick post this morning, I've only just had chance to catch up on the other posts.

Well done for not getting dragged into all the nonsense.

I'm still thinking they could/ should do a move like ORR did last November if it plays out with good results that can be modelled into a MRE.

Ive just been way to busy to post today and sometimes that works out better as I may have traded a few out on that mid session dip but as I was too busy at the time & the price strengthened back into close im happy.

Plus.... its so bloody difficult loading up in size once it gets on a roll I'd already decided to just sit on hands and let it play out for now..

Looks like everyone starting to rebuild back positions from available stock on offer.

Nice to see.

GLA

I wasn't asking a question.

However I will ask a question... but first a reminder of the recent changes.......

>National Insurance: The rate that employers pay in contributions will rise from 13.8% to 15% on a worker's earnings above £175 from April. The threshold at which employers start paying the tax on each employee’s salary will be reduced from £9,100 per year to £5,000. However, the chancellor said she would extend the Employers Allowance - the amount employers can claim back from their National Insurance bill - from £5,000 to £10,500.

Minimum wage: The minimum wage for over 21s, known officially as the National Living Wage, will rise from £11.44 to £12.21 from April 2025. For 18 to 20-year-olds, the minimum wage will rise from £8.60 to £10. Apprentices will see pay jump from £6.40 to £7.55 an hour

-

I have seen a number of retailers estimating that the changes will increase the costs per employee by between £300 to £600

I would imagine given the make up of staff CARD would be toward fhe lower end of that guodence

CARD has 10,000 staff so you will need to add a further c.£3m onto their cost of sales.

So..

The question therefore is this:

Does an additional c.£3m in costs warrant a circa 50% fall in Share price??

Or,.has this drop been way overdone as it was taken down ahead over any clarifications over the impact of the changed and prior to anyone conducting any proper analysis?

As posted by 'bbsosall'

" I have said before. Moonpig EPS is 9.6p and share price is £2.50

If CARD EPS FALLS from 14p to 10p why is its share price only 85p?

Go figure. The truth is CARD is grossly undervalued even more now"

If it only makes 8p earnings per share and is paying 5% dividend the share price should still be over £1.50"

Have also been watching that micro (He) play Trek.

In fact I'm sure lots are quietly watching it.

Top man Tro

Almost as if the market was waiting for you to call that bottom... lol.

Another bottom put in over at Card earlier.

Plenty of blue about!!

@accipter

Just keep an eye on the updates made to the tracker over the coming sessions which should confirm for you.

https://shorttracker.co.uk/company/GB00BLY2F708/

Usually updates after 6.30pm the following trading day.

I remember when GDXJ took their first big chunk back in 2020.

Some strange movements in fhe SP around that time and the the SP catapulted higher.

"We may be at a market bottom or at the start of a reaction rally. The bulls have strong evidence on their side and this evidence prompts us to make a bullish bet. "

"Today’s candlestick has a white body and its close is above the confirmation level. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. It is probably the right time to be part of this boost and bullish market sentiment. The market is telling you about a possible new profit. Do not miss this chance.:"

> Can see this doing the kind of gains recently seen by MTRO which saw a 100%+ recovery in price over a matter of weeks

Good to be in around the floor in price.

Chart set up indication of a powerful mean reversal to the upside.

GLA

173p is the present average SP target from the analysts

https://www.tipranks.com/stocks/gb:card/forecast

This represents an attractive entry on offer at present imv with multiple SP catalysts on the horizon over the coming weeks and months ahead.

Good to see tr1 holders recently increasing their position size.

Won't be surprised if their are many others under the declaration threshold in accumulation mode.

GLA

Look at the move Dogecoin has made since trump's win

Dogecoin is a memecoin often associated with Elon musk.

Its up 172%+

All those billionaires who backed Trump appear to be reaping the rewards now.

Yes it volatile with nothing really to support the price other than chart patterns based on historic movements during BTC bullrun periods.

Goes up fast..... also falls back fast!!!

Dai,

HL offer them both

I've been running with the crowd to some extent and holding some BTC related plays recently

You really won't find too many traders with a foot in both camps as most I know are extremely tribal when it comes to physical or digital gold debates.

I fall more into the the hard asset camp personally be it precious metals, land, property etc for longer term wealth creation & preservation.

However, I'm also happy to throw some speculation cash about in the digital space with a very short term view of fully closing out ahead of the next inevitable crypto winter and piling any gains made back into longer term hard assets.

COIN

Another good day. ..

Had a decent run..

Could do with a NAV update

It's gone from trading at a 50% discount to NAV to trading at a 100% premium within a matter of weeks.

Gut instinct would normally say start taking profits

Chart still strong.... and it's a bonkers sector.

BTC not far off $100k now.

If BTC breaks through $100k , won't be surprised to see it in the mainstream news.

That's usually the time to start offloading when your barbar starts talking to you about loading up :-)))

However..... Chart still looking strong so plenty of time for the hairdressers to pile in over Xmas imv.

Edging closer for a mandatory offer to be made.

Then I think we still a big gap up in fhe SP.

GLA

@LWHL

As suggested over the road, it bounced from that $40 range again

Hell of a pullback over there, but buyers stepped up again at that $40 level...

@LWHL

As discussed on the other bb

It bounced off that $40

If you like a bit of blue.......

This one from Lee Mack sent John Cleese

over the edge

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

Titled...

"Lee Mack's joke leaves John Cleese in near tears"

Dai,

Not much more I can add to the speculation that's flying around.

We will find out soon enough!!