Member Info for reefles

Oh dear. I'm tempted to lie, given the context, and say I was DEFINITELY joking about Aura. I was not... sigh. Let's assume that I would have done proper research before actually investing (?!) but it did sound like they were on the brink of something quite exciting with vanadium RFBs... and I'd been too annoyed earlier today to do a post mortem. Embarrassing.

Not2sure. When I moved from Jersey to London, I interviewed with a few banks in the City, but didn't like the people... so started doing finance for the TV industry; then TV became too obsessed with social media and I switched to the charity sector. Once I felt I'd paid my dues (realised I was in my mid-30s and working at director level with NO savings) I moved to the energy sector as FD for another SME.

Ohh yes! I know I'm not meant to mention any dalliances here, but surely one of Ironridge or Eurasia will have some very exciting developments in the near future. Maybe even both. I'm getting almost as excited about vandium as lithium, with a handful of riskier new entrants and some more stable establishment co's. I was having another short scream this morning because I've been watching Aura Egy for all of a week. I almost took an immediate punt on them, and today they shot up by 1200%. The one that got away. I will not let myself feel the same forlorn way about lovely old Ironridge.

Ah wow! Thanks everyone. It's normally so quiet* on here that I thought I'd be screaming into the void.

No no, of course I didn't sell. (Thanks Wadnob / Oscar for the solidarity.) What was I doing? I'm not sure. I've got positions in about a dozen companies on the battery supply chain. IRR is my largest. Yesterday, everything in my portfolio was down -despite attempting to spread risk - for what felt like a few days in a row, and my entire watchlist was red. That's about three dozen companies. (@Not2sure, given that the 30+ companies I opted to watch were ALL down, maybe the stock market is NOT for me!!)

So, I think I'd regressed to a sort of teenage mood: "Oh fine! Everyone's just selling up as soon as the price wibbles a little bit, even though a lot of people are waiting to get paid this month / waiting for their ISA allowance to be reinstateed / throwing their money away on Deliveroo. FINE! Let's all do that, then. How about we all sell our shares if they aribtrarily drop below 20p for a few hours". (The point that you picked up on, Steve.)

So, not exactly sarcasm or satire, more just a moody grumble and gripe at the market. Swest - well observed - I have NOT been long on AIM, so I have not yet steeled myself fully to rough patches and recoveries. But don't worry, I did my accountancy training in Jersey auditing financial service co's, so I've read my John C Hull and have always liked studies of various market movements / gaps etc. It's no guarantee I won't do something stupid, but I'll only have myself to blame!

Thanks again. Nice to hear from you all.

*in an efficient way, of course; no waffle, all inisght.

Even though I know this is a long term investment with bags of potential, I will DEFINITELY panic sell if we drop lower than 20p

Tigra - I've been watching this one...

25-Mar-21 08:17:43 27.3500 109,726 Sell* 27.0 28 30.01k
25-Mar-21 08:40:35 27.4990 40,000 Sell* 27.0 28 11.00k
25-Mar-21 08:50:52 26.7777 132,000 Sell* 26.5 27.5 35.35k

Avg. sell price 27.10

25-Mar-21 09:13:05 26.778 69,217 Buy* 26 27.5 18.53k
25-Mar-21 09:12:37 26.888 69,530 Buy* 26 27.5 18.70k
25-Mar-21 09:12:20 26.888 69,412 Buy* 26 27.5 18.66k
25-Mar-21 09:11:53 26.9 69,530 Buy* 26 27.5 18.70k

Avg. buy price 26.86

D'you think...? I've no better way of tracing other people's deals.

If the deal was struck this morning, the RNS would be 3.20pm tomorrow wouldn't it?

Does anyone have vwap handy? Must be comfortably North of 30p...??

I find this very confusing. It's like someone on X Factor talking about how much they believe in themselves, or on Deal or No Deal saying that they have a feeling.... The reason this SHOULDN'T give life changing returns in a few years, is because you shouldn't invest an amount that would change your life, even if it goes up 10x

Water, water, everywhere,
And all the boards did shrink;
Water, water, everywhere,
Nor any drop to drink

All those big fishy purchases, and still the share price drops...

Vanadium batteries are flow batteries. There are other flow batteries such as zinc. These can be more efficient / rapid for fast charges, but are less robust than lithium for practicalities. They're starting to put flow batteries on buses, but it's unlikely they'll be used for cars. That said, Biden has recently announced that flow batteries will play a big role in US green movement. This was shortly before Sir Mick got into bed with FAR. More interestingly, a company in Vietnam has just started using vanadium to coat cathodes on lithium batteries, which makes them much more effective. But - FAR can produce vanadium from its resources at a fraction of the cost of the competition (it's not from a magnetite so doesn't need roasting) so FAR can still make a profit if NO batteries take off and it just sells to the steel industry. It's all good.

Halifax Ask is at 34.6...

I've already had a couple of rums, but from a skim of the BB it sounds as though:
- there is evidence of some leakage in the past
- a big order was put in at COP today at 28.8p (comfortably above Ask) though was not completed
It makes me think a sale will be announced on Monday, nobody is selling apart from a few stop losses that have helped partilly fill the big order, and things will rocket from Open on Monday.

But that's based on this board, not proper research. And I also read Al69's post which supersede's this. Tonight is not a night for speculation, it's for raising a rum to good old Gary Fitzgerald for all he's done for us.

Also had a little dabble with Kodal, but if you're really looking to increase your frustration levels then don't forget IronRidge!

Ahh - a donkey friend! I had a beach garden across the waters in Jersey for a few years...

Well that sounds more like it, as there are the other sites as well. So, would you reckon the company's at about £3bn (£1 / share) before any discounting for a quick sale? And before the future prices of metal are factored in?

Realsicilian: Doesn't this calculation only apply to WK, though...? On top of that, is it normal to discount by so much (80%) for extraction costs, given the ease of the mining? Without any discounting, WK would add 35p per share to the underlying value of the group, per your calcs. So... still undervalued by a fair way, right??

It's a long time since I've had my copy of John C Hull on the coffee table, but Newbie's question bugs me frequently as well. Is the answer to do with CfDs vs. traditional short trades, where shares are actually delivered to the counterparty for the latter...? So, if Trader X sets up a short deal with Trader Y as counterparty, which is NOT a CfD, doesn't X buy the set number of shares before a deadline, and deliver them to Y? If Y has already made a margin on the deal, aren't they quite likely to immediately sell the shares back to the market at spot - which then sets off a price plummet? I'm probably miles off!!

To be fair, even though this is a standard filing containing nothing unusual, it is a MONTH late with no apparent reason - which is either sloppy or a bit suspicious.

Belgium only looks bad if you take the list to be ordered, not alphabetical, or invert the scores to mean high = bad.

Ahh sod it. This doesn't feel logical, but seeing as we're past 29p, why not top up a final £1,500 at 30.2p from that pesky IRR holding...!

haha , don't forget IRR and MTL... one of them will be the next EUA