Member Info for RichTheNewbie

Arguing with contrarian: https://www.all-about-psychology.com/images/our-experiments-taught-us-why-people-troll.jpg

I think whoever upvoted that needs their head examining!
I’d love to see you justify why you think it’s being shorted based on the trade feed today…as it should provide some comedy gold!
This actually held up pretty well considering the rest of the market today.

I think I preferred contrarians posts...

Pecten11 - it's because he's a troll and not a very smart one.

It’s only thing = it’s one thing
(Bloody phone auto-“correct”)

What’s also interesting is I’m not sure how much the nickel forecasts have taken into account the wave of major car manufacturers beginning to release their EVs. Take a look down this comprehensive list and pick out the big names and whether they’re starting to sell ev’s or about to: https://www.driving.co.uk/news/new-cars/current-upcoming-pure-electric-car-guide-updated/
It’s only thing having Tesla pumping to their looney fanboys it’s another having proper global players starting to promote proper ev’s. I suspect that the demand for nickel will accelerate more exponentially than linearly and supply will be outstripped faster than expected (and before that - nickel supplies be secured more aggressively - see Tesla recent deal with Vale - as manufacturers seek to lock in supply before this happens and causes shortages or cost inflation).

Surprisingly large amount of info on the market for those interested (have to click continue reading):
https://seekingalpha.com/article/4515747-nickel-miners-news-for-may-2022

contrarian - you're clearly very hard of thinking and therefore still haven't worked out that I haven't the slightest bit of interest in what you have to say. Though if I change my mind and decide I want to listen to the village idiot playing buzzword bingo with financial terms, mashing them nonsensically into a sentence, like an elephant with a typewriter, I'll give you a shout ;)

PS - I didn't suggest you were "a shorter", quite the opposite, I told someone that even if you were shorting, it would be for an irrelevant amount of money anyway, and not worth a moments thought. I've got no problem with shorting anyway, and you'd be risking much more than someone going long, by doing it on this, feel free ;)

Hope this helps clarify everything - so no need to reply to me further - if you do it'll just be obvious trolling to which I won't waste any more time on.

$14,000/t is the feasibility study base case number used Tony.
I wouldn’t waste your time worrying about contrarian…as he was recently telling us he couldn’t afford London prices for a house so I don’t think him shorting this for 20 quid is going to make much difference to the price of fish ;)

Urgh - don't know why it hid the second bullet on my screen after typing it, so I retyped it, and then it showed up when posting anyway! (So obviously the last two bullets are the same thing before someone says it!)

Whilst this has largely just been trending in line with the market (using Vale as a benchmark large Nickel producer - Vale the orange line): https://www.tradingview.com/x/wbazXRiP/ it's interesting to note a couple of things:
- Vale tends to front-run the price here
and
- Volume on the falls has been pretty puny
and
- The volume has generally been pretty small

May therefore been interesting to keep an eye on miners like Vale. Personally I think the commodities rout is wildly disproportionate the the real world potential fall off in demand. What's been priced on most commodities in is a big demand fall-off but there seems to be little sign of that actually becoming a reality yet. That being the case, pricing in a very negative case means there's a lot of scope for upside if it doesn't come to pass.

Taken a bit more here today as I scale in dribs and drabs. Not often I can say my buy was the lowest priced trade of the day ;)

Is this a bad time to point out that Piccadilly Gardens isn't in London.... ;)

"He's a" = "He's"

Just ignore him. He just trolls any board he posts on.
The clue is in the name "contrarian"....but he doesn't invest in a contrarian manner (in fact pretty much the exact opposite - if it's falling he doom-mongers - and if it's rising he doesn't). He's a contrary in the other sense of the word which, as the dictionary says, "A contrary person wants to disagree with and annoy other people". Spot on.

Based on my own experience, and that of countless people I’ve seen have problems with them over the years, all the main banks are pretty rubbish for share-dealing. I’d strongly suggest anyone who deals via their bank to give up on them and use someone who invests in their platform. Personally I’d recommend IG (altho annoyingly they don’t do bonds so had to use HL for that).

It does indeed....market having a meltdown and the price stays pretty steady here because someone is buying up every sell they can get before the market turns more positive...

er, hoovered.

Someone's still bidding for over 290,000 of shares on the auctions. This is being hoovering up heavily by someone sizeable.

There's a reason there's a term for the older consumer (the grey pound) as they're far better off than the youngsters these days. Of course both buy differing things, but they are certainly not to be overlooked, or derided as consumers not to market to! (if anything many marketeers would argue quite the opposite).

Anyway I'll leave you all to go back to posting the same usual tedious variations of moans 20 times for the rest of the day ;)

Robbing Peter to pay Paul it is then ;)
(Loan RNS)