Member Info for Quiggers52

That`s right. Down about 16% since Jan. Not for the faint hearted. This is a buying opportunity for long term. As oil falls so this will AET. And then in a year or two or three there will be a reverse and payback will be swift.

I recall when price of oil went negative on futures contracts.

As always, there was a reversal. And there will be again too.

In the meantime, "accumulate, baby, accumulate"

I see RH up another 1% to make USD 5,000 a significant rise of late.

Opened a new position with a 6-month time horizon.

GLA

What correlation (in terms of reasoning) do you take from a ratio of Au to Pt?

Are you not just comparing apples with pears

Everybody knows that people buy gold as a hedge in a downturn and have done since God was a boy.

Whereas shifts in Pt do not make that much difference to the SLP basket price whereas shifts in Rh certainty do (at one stage it was 50% of the basket rev whilst being only 12% of the prill split)

Https://www.reuters.com/business/autos-transportation/struggling-e-truck-maker-nikola-files-chapter-11-bankruptcy-protection-2025-02-19/

Supports Jaco`s statements yesterday about EVs

Rh, for the first time in ages, moves North by 0.538%

I see there is some real gamblers out there in the SYME Constellation. One six-year-old just put his lollypop money on a SYME recovery plan in the amount of ...hold your breath... 15 big ones.

That`s not grand.

It`s not even pound sterling.

15 pence.

Bless him

U were warned

6 Sep 2020 Wednesday 02/09/20

me to apunter2 @ 01.03

" Not sure B77 fits as that scenario is akin to a car manufacturer/dealership relationship. Not my understanding of this model . Also with consignment, legal title does not pass until the dealer makes an onward sale. Here, legal title does pass under the originating contract and although I have not read a template agreement (I did ask IR)

[I WOULD IMAGINE THAT THE OWNER COMPANY SETS UP SOME FORM OF DISCRETIONARY TRUST ARRANGEMENT WITH SUPPLY ME AS BENEFICIAL OWNER THAT ALLOWS SUPPLY ME TO TAKE THE BENEFIT OF THE INVENTORY AS COLLATERAL/SECURITY FOR THE ISSUE OF THE BONDS.]

ST: Does the owner company set up some form of discretionary trust arrangement with Supply@ME as beneficial owner that allows Supply@ME to take the benefit of the inventory as collateral/security for the issue of the bonds?

AZ: Yes...

Think I will sue for plagiarism lol.

Still, glad to have been of some help to Share Talk :)

GLA

Also, I did not refer to para (A) in B66 as don`t think it fits as well as (B) does which appears more aligned... but even if you are right, the net result is the same, the lease is recognised on the balance sheet, it is not de-recognised from the balance sheet.

17 Sep 2020

GF

if..my fave poem. Also:

if "ifs and "ans" were pots and pans, there`d be no need for tinkers hands"

"I`ve topped up" - that means now...not back in the day, when this was at 0.0005. Now, ...means 0.5p.

It`s not difficult. I understand you want a wish to come true (and I sincerely hope it does for you). For all of you.

This is a "paid" BB. If you cannot see that, then I really, really, wish you luck.

The veneer will finally start to peel next January when the accounts are published and if the cash flow statement cannot hide the truth. I hope it is a good truth. I hope we see binding contracts instead of MOUs and " subject to contract" statements and all of the other talk. Talk, as we all know, is cheap. AZ has to deliver. I hope he does.

When I read idiotic postings like the OPs (and the fake accounts that support such nonsense) I know I have confirmation that I am in the wrong place (even for a momentum stock). Too many kids watching "The Wolf of Wall Street" lol

Hopefully, this gets back to 0.55p and then exit stage left (hopefully not pursued by a bear)

Good luck.

S

19 Jan 2021

Otherwise known as a Romalpa clause I think you are wasting your time frankly. I posted on this BB ages ago about a discretionary trust device. Some interviewer took my post verbatim and asked AZ and he said: "yeah... that's it" or words to that effect. AZ and interviewer won`t have the faintest idea what a discretionary trust actually is or how it works

I knew then all I needed to know. This is a gambler`s stock and good luck to all of the punters who make a bit.

But do not try to apply logic and reason. You will be wasting your time. People are on here and paid to ramp and ramp ... what a job

etc....

Chillax.

It`s just Goldman Sachs being Goldman Sachs.

Expect a pull back.

I've been here since 2021 seen it all before and no doubt will again.

If you are a LTH my suggestion is put this in the drawer, turn off your chart and go trade AET.

If you are a trader with a short time horizon then my guess is you have made a quick profit which is what trading is all about. You know the next bit...

Yes

And Stifel from hold to buy with TP of EUR 5

Easy (and safe) to be a broker when you follow the herd

" longer term this will recover to a £5 ish mark- I'm sure"

In that case, you look to have answered your own question.

(I hope that you are right.)

Of course, it could move the other way and then all your gains (and mine) are at risk of being lost.

So it is about conviction.

No loss of conviction, then it is a hold and sell when you reach your target price (TP).

A mistake IMHO that people make is once that is done and the TP met and the holding sold, then afterwards they look for confirmation to try to reassure themselves that they have made the right decision.

This serves no useful purpose whatsoever.

Tempting though it is, it is not professional to let discipline slip by engaging in such folly.

TP met? Job done, pat yourself on the back, enjoy your gains, and move on.

Don`t look back.

GL

Equates to c. 28% net profit in a fairly depressed PGM market on est. rev of $101m

Is there a FTSE 100 company that makes 28% net profit?!

Hold, but set a "stop loss" at say [20]%. That way, you do not risk losing the other 80% of your gains.

"At that point Sylvania should be generating $10-15 million net every quarter which should encourage buyer interest back"

I`d like to know where Trading View gets its estimates from - for 2025, £82m apparently!

(I take your point about capex being excluded.)

Thanks

In oz. and USD:

Basket price = 1,387

All-in Costs = 1,432

Hey presto, we have net profit at 6.3m even though costs outweigh revenue by $45 per oz.

Non-operating gains on interest on cash and other short-term investments maybe?

Total conviction.

(And why not.)

GLA

Whole sector is down; see Brent and BP (so nothing specific). Which is kind of good news I suppose.

Disappointing 10% slide over the past week. Losing momentum again. Patience Rodders...patience.

Reduces SO by another 3.2m @ $0.5

Token gesture but hey why not I`ll take it cada dia y dobles los Domingos

NCAVps of 32p values the business at £21m with £93m non-current assets sitting on the B/S.

Rh spot been stagnating around 4.5k not going anywhere but not falling either.

China in the doldrums. PGMs too. Dollar massive. All serious headwinds.

Cash pile decreasing. Dividends will dry up.

Just about breaking even with basket barely above all in cost

All in all not looking good

So costs need to decrease and the Rh spot needs to move North, with a shift. That needs a catalyst. But where it comes from God knows.

Holding and now accumulating for long term here.

But anything other than a 5 year + window and it is hard to argue investment case.

GLA long term holders