Member Info for RG27

Of course the State pension is a benefit.

It's paid out of taxed income, which is why politicians adhere to the old saw that it's unfair on the young who will be paying taxes to feather the nests of the old, no longer working, never had it so good generation.

And like virtually all benefits is can be reduced or taken away.

Cybertron "Anyone think 4p finish by end of week? Looks good for it,"

Does it matter?

LTH's are likely to wait for a little while longer for the shares to reach an 8p/10p valuation, then possibly sell a percentage of their average to get back their initial investment and have a free ride should the company do better

" how menthol cigarettes actually established themselves so firmly in this demographic sector."

Could it be a left over from how Menthol cigarettes were originally marketed as having health benefits?

Good morning Doc.

Just a small point of pedantry Lockie said " Would love to see 8-10p by year end." he didn't say it would be.

I and most other SH's would love to see 8-10p, I'd love to see £8.00 - £10.00, just don't think that's going to happen unfortunately

Excellent so far this morning, it's nice to watch my current losses reducing minute by minute from over £22,000 to only £17,000

Just need to get to 4p to be back in profit, congratulations to all LTH's in a similar position, fingers crossed when the oil starts pumping

"Down 10%. I’m starting to wish I’d sold"

Sold at an average of 471p, retained a small holding position of 656 shares. But my average buy was at 238p so still well in profit on my remainder and with a very nice profit on the sale, which I then invested elsewhere into a share that has just lost me 22%, should have stayed in RR :(

"Just a dirt track"

Thanks, that makes sense.

Which doesn't cross the Heron Field.

Just wondering if it is part of the Tavan Tolgoi to Zunbayan (Russia to China line)

https://www.railway.supply/en/construction-of-the-tavan-tolgoi-zuunbayan-railway-line-continues-in-mongolia/

https://www.railwayhero.com/wp-content/uploads/2020/08/mongolia-rail-map-1280x744.jpg

" aren't contour lines"

Crap grammar .... should be "isn't a contour line"

It looks man made

It will be contour lines on the smaller image (the one with the line labelled 700), but the line I am referring to in the close up photograph aren't contour lines

Master.

"Closer image of heron 2 prepared area on 18/07/24"

Do you know what the diagonal line is running from top right to halfway down the left hand side that looks like a railway track.

"If so, please you and others indicate it and note also that such a lawsuit can be done by ourself, that is, without involving expensive lawyers and spending huge amounts of money."

I'm sure that any of us who invested in Hurricane Energy will recall the £18,000,000 that the BoD wasted in trying to defend themselves when they tried to steal the company for 5% of its value. And the rather large cost of the lawyers that were fielded by Crystal Amber to ensure they didn't steal the company.

Any talk of taking MB to court is only likely to be just talk.

Hardly bitter, I and a number of LTH's invested for the long term and I am still happy with the company and I firmly believe that I will walk away for almost £100,000 profit.

I haven't sold and have no intention of doing so.

And now I can get a dummy quote for 300,000 at 3.11

I still believe that there are substantially more sells than buys at the moment.

Understandable as there are a lot of buyers at the 2.20 - 2.60 range that are happy with a short term profit.

"Now forming a based. All sells are 90% buys. They are going to let it go very slowly."

I'd love to believe that but frankly I don't think so.

There are too many at the 3.15 / 3.16 range, there are bound to be some of the 3.16 plus that show as sales when they are buys but not not all of them

Doc..

"MMs doing a good job of luring in the day traders and FOMO merchants!"

Interestingly whilst checking actual sell prices with some dummy sales on HL I couldn't get a quote for any more than 50,000 @ 3.151

and have just tried again and can only get an offer for 40,000 at 3.151

Which doesn't seem to indicate that MM's are desperate to accumulate

And even stronger sales ....

Vol. Sold 9,412,587

Sold Value £296.46k

Vol. Bought 5,926,525

Bought Value £186.48k

Roxy..

"Look on the positive side RG. "

Not at all I have ever written the company off, my only previous concern was based on the fact that Mongolia was classed as the 113 most corrupt country in the world (though admittedly they are over the last year or so they have started to do something about this) and that MB was not able to progress at a sensible pace due to the constant delays put in his way.

The wastage of the countries resources had left Mongolia in desperate need of new sources of income and the proven oil finds under PM's licence are of absolute necessity to the country, this was further reinforced by the Indian Governments agreement to build the refinery.

No question in my mind that the company would come good, indeed very good.

My somewhat jaundiced view of the current price is based on MB's assertion that the company was fully funded only a few weeks previous to his decision to drop the 40% bombshell on the share price with what I believe was a substantially over reaction to his stated need for further funds.

I and a fair number of LTH's who have over the years supported the company were badly served by not being able to purchase a more generous amount on the same terms and even allowing for the somewhat meagre scraps allowed to LTH's many of us have invested substantial amounts in the company and are still well below water.

I have no doubt that I will make a pleasant profit in due course, but it is a little galling that LTH's will probably be in a less than successful situation than all new investors who have not supported the company for more than a month or so.

And Roxy, your guess of 8 - 9p was mine as well so I was expecting and am still expecting a 100% profit on my total investment, so if it does then a profit of around £100,000 won't be to dismal :)

Roxy2020.

"Those who have been locked in this ride for a long term will be breathing a sigh of relief that this is now looking at last to be on the up. "

Good news indeed, like many LTH's just need another 40% to break even.