Member Info for Revelator

At 2.375. Nav, mostly cash, is around 2.6-2.8 plus a potential acquisition on the way and strong directors (the guys from Polo Res). Bit of a bargain IMO and dropped sharply before good news last time too.

Made 40% when this listed but lost about 8% this time. Have a target price to return at but unlikely to hold as much as I did before - my new rule is for a large holding the co must be either multi commodity or multi country. Too risky otherwise.

I sold the remainder today, with a heavy heart...I really thought results would be better and my sentiment probably got in the way of me doing what I should have done on Fri and sell all. It is early days, but for at least the next month it's hard not to see this falling - the problem is soil samples were so good, and they went absolutely all in with a really big drill campaign, so they should have done better. The thing that really got me on the weekend though was the bit of the RNS saying they were gonna consult a local geologist - I thought they'd have done that before drilling! And the bit where they said a masters student would write a thesis over the summer....waaa?! There's a long way to go here but because the start was so good I didn't expect such a poor set of result - and the wording should have been better.

Positive and well written RNS.

Results, sadly, but still lots of potential overall. I've downsized my holding at a small loss whilst te dust settles, but retained a standard size holding to take advantage of any unexpected upside. Intend to add again in a week or two.

475's point in terms of this as a long term investment is more that the price will most probably fall pretty soon, as always. I refer you to last year's Bristol Airport contract win. Of course it depends on revenue recognition policy but they still ended that interim period in sizeable loss despite the £380k win. Consistently they spend on cost of sales, admin and distribution £3 for every £1 they get in revenue. People should know I have no agenda here, as I only invest in exploration companies :)

Be right on the re rate though I wasn't overly taken with the results - if you compare to H1 it's that half that essentially saved TNZ from break even or less, along with the tax refund. Was also surprised not to see any mention of the Tsavortite phase 2. However cash flow was a +. Overall, pretty hard to call the direction. Bit of a truism, but it's probably worth what people are willing to pay - ie not clear that it's either hugely over or undervalued.. Now I've said that watch it go to 20p :@

Agreed, see my GDP post - not worried about a commods 'retrace'.

You're probably right. I just think it's the loss making side of the business that keeps it down. Compare it to what BEM did last year on £1m of placings, for instance.

This will have a good rise - but don't people think it would actually have a higher value if it was simply exploring for copper and U, rather than running what seems a perpetually loss-making business?

Whilst regretting buying last week, the fundamentals remain so I hold. Reminds me a bit of AME which dived to 9p and recovered in 2 days - although this is meant to be a short term investment whereas AME is long term. However I shan't sell below 30+ whatever the price.

I don't deny the potential for one second, but I'm a bit more comfortable in things like GDP, GRL, AME, NRRP. Basically as management has more of a track record, the assets vs the market cap are a bit stronger too. Whilst URA really could hit it big, the last results were really poor (esp as they were drilling Mtonya in 2008) and there's not much to justify the m/cap - ie almost the same as GRL which has 5 licenses in 3 countries and partnership from a mid-tier. Don't get me wrong, I'm sorry to sell, but I needed to take a bit of risk out of my p/f, and this is the one, along with SRES, I found it hardest to convince myself to keep. All the best though - I'll be pleased to see this do well - although obviously envious!

Still plenty of potential but in light of the commodities retrace I've been scaling back to core holdings. Made a very small (2%) profit.

But then again, I tried to catch a falling knife at 12.4, and look where it got me :p

How I wish I'd bought all at 9p rather than 12.4 but I honestly thought that was the bottom! However the first time I had these I bought at 10.8 and sold at 16.5 so I've been lucky before - can't have it go your way all the time. I still think this is one of the best bets for the year ahead, but know what you mean - I don't like buying shares if I miss the cheapest price. With drill results coming soon though I'm genuinely hopeful and that's why I've not been tempted to sell any in this slump (though if I knew at 12p it would have gone this low I would have done, of course!).

It's becoming a long term hold the more the price drops!

But with a $750m company invested at 30 and 35p, one has to keep some perspective I guess! This isn't a long term hold for me as I have enough of those, but I still think it should be in the mid-high 30s right now.

Well I'll follow your moves with interest as always. Hopefully both our market views will prove correct and profits will come - at the end of the day the FTSE needs to stop falling for that to be the case for either of us though, is the hard truth!

These guys have been playing it since it listed - they bought a load to push the price up to 20 then sold it down ever since. There's been no bad news here so I'm assuming it's all a play on the warrants...time may prove me wrong. Hope the drill results are out soon so there's some real news to digest..

More warrants sold, not many left! http://investegate.co.uk/Article.aspx?id=201105051531410412G I don't really get how this is affecting the price, the warrants are for exercise at 12.5p...