The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
If it gets to 0.087 then I will be in profit.
Just checking in and what a rise. If I get to 0.086 I get back to even! This is making a massive difference to my portfolio
For once my pf is turning around and my dogs that were massive losers are turning around. A few weeks ago I was 88% down on EUZ. It’s gone up nearly 400% now and I am now only 45% down! Is it’s my biggest investment in my pf it’s having a big effect. One of my other dogs was HZM but that is now putting in a recovery. I didn’t add anymore at the really points and if I had I would now be in profit. So I intended to take advantage of the really low PRD price next week.
Me too. When I first bought in at 0.14p it was under valued then! Averaged down 3 or 4 times. To get to 0.08 ish.
Another nice rise. Need to get to about 0.087 to get back even! Still a long way to go but looking more likely than a few weeks ago!
Their is an option to buy the field, but is that actually in his near term plans? I get the impression that once Trinidad is productive cerp will let them use the same tech on other wells in the field, without buying the field. That would then provide more cash for more wells in Morocco. Can you imagine hitting gas Morocco and selling a percentage of the project more tens of millions and a big divi for us share holders.
I feel your pain. A few of my shares have started recovering this last few weeks. Could not have got much lower. My big winner thought has taken a big hit so my pf is looking awful disputed a bit of a recovery for others.
I should have derisked looking back. But who would have expected what has happened to happen. Also glad I didn’t buy more on the way up, if I had I would not still be in profit. If it drops below my average I will buy more. But I don’t think it will go that low!
Their was an interview last week and LR said he was flying out this week. So my guess target depth is close and he wants to see for himself the progress.
About a 4 week drill so probably hitting target depth this week. Which my be why LR was flying out this week to see the sample for himself