George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
God I hope so. Starting 2020 with a new strategy. I have held onto to many stocks over the past year hoping to get back to profit, averaging down along the way... but still losing more. During that time I have seen opportunities come and go. I have now painfully sold a dog as I see Wres as a much better chance of getting my lost ukog funds and some than leaving it where it was. Good luck all
Sold my ukog just now at a 50% loss and moved that over here. My Wres average is now 0.35p hopefully a steady rise over coming months.
So on Thursday I am selling what is left of my ukog, 50% down there and moving it into Wres to average down. Got more chance getting my cash back and some over here. Wres is so undervalued. We have moved to 24 hour production and I would expect a production update or something in January. Dyor
I have held ukog for 18 months now and averaged down so many times and am still 50% down. I don’t like selling at a loss but its time for me to change tactics here. I think my time has come to move my ukog money elsewhere for a while but I will return when the time is right. Maybe trade it rather than hold it.
I guess they will come when they are ready. But they have up until the end of March to publish. Yes they could come soon, but they may not. Dyor
Year before that was end of January.
What makes you think that. Isn’t FY end at the end of September. Don’t they then have 6 months to publish results? So year results due by end of March?
That’s a serious holding you have their! I don’t think I could sleep at night. But one day I may be in your league
Very true. I bought £800 worth of Wres about a year ago at 0.54 ish. So about 40% down also. Been stuck in ukog for 18 months and averaged down their twice. Wres is on the crusp of profitability and is so undervalued. They have raised another £5mil through black rock.... I see it much easier to sell up in ukog and much better chance of getting my losses back and some here. Got too many dogs in my pf and seen too many missed opportunities. Need to sort it out.
I am 50% down in ukog. Considering selling up and moving it into WRes to average down? Thoughts? I think I will get my ukog losses back here in 2020 for sure
You still hold any bids mate?
I must say I had a feeling the sp was not going to take off with the mets. Don’t know why. I am 75% down here on £3,500 invested. My mistake was not loading up when this was less than £1m mcap!
Crazy that some people are selling up, but I won’t. Too much of a paper loss. Problem for me is that I now have 3 stocks in my of that are 70% down. Lessons learned.
One thing for sure is that I hope to load up here big time once the sp settles to bring my average right down. Just need one of my dogs to come good soon.
Must be due some sort of trading update soon.