Member Info for ringworm

Enjoy your retirement ;)

Sometimes people invest money which they actually "Need", and that poor price "Sell" illustrates just what can happen when you put critical funds into a low liquidity, high risk AIM stock.

I only have a few million here, and its not "Critical funds", and I am still in profit, and having filled my boots at 0.07p last year I can well afford to wait a little longer. It will come good for everyone eventually.

and so is the next winter ;)

but before that we have a summer of fun - and my holding will stay as it is .. you only have to pay CGT when you sell.

YA are very bad to deal with, they will be selling their converted shares now, but the sooner they are out the better.

Mali is a much better environment than Zimbabwe for foreign investment, sold PREM at first spike, this is much better ..

Its common practice here in the UK for planning for a significantly scaled down scenario is applied for first, then extensions are much easier to get due to precedence.
Classic examples are - radio masts - initially under 11m, (36feet), then extended. Landfill sites - initially "Inert building rubble" then extended to include domestic waste and hazardous chem.
So it would be as needed the extension to existing mine workings, with corresponding bond, and much easier to get than initial permit.
Certainly the demand will not go away, but the big companies need a standardised product to resell, so testing on further sites would be needed in the same way to confirm consistency.

There are active JV's on other projects,
Exploration continues, and proving up claims is ongoing.
The future of smaller players is fairly well assured, as larger corporates take too long to mobilise, and when someone independent sees the opportunity - post CV19, to produce varied grades of perlite such as is found in complex potting composts, cactus "soil" etc and distribute globally to independent retailers, then the first choice will be the smaller producers. The same goes for the pozz' as this is marketed in 20Kg bags for lime mortars at closer to $400/Ton.

Investment is not without risk, so if you cant keep your nerve when we sail close to the edge, just buy something safe like Tin which has a fairly stable price curve, and does not suffer from market mania.

at 0.2p I will buy more ..

best known for its "Genocide" Political instability, dictatorship, and taking all the land and assets of "White settlers".
and "History never repeats itself".
Take your profits and run, very fast.

There may be no truth in any rumour about China taking charge of East Africa Minerals, and Zimbabwe is notoriously hard to manage.

because its less than what I sold at the other week.

so as usual, it shows some buys as sells.

round and round we go again.
sometimes up and sometimes down
here we go now round and round ..

most of all - have fun here, after all its only money.

Just note that some believe that this is CBD, well its not.
Its phytocannabinoid derived pharma, with specific market areas, and a distribution agreement.
The products developed are very specialist, and have been licenced for clinical use.
The advantages in this sector are that significant testing has already been carried out on phytocannabinoids, and their chemistry allows for modern labs to manipulate the molecules readily, to make new new products which have relatively low production costs. It has of course been legal for quite some time in Queensland to cultivate high potency strains.

and the trader who picked up 5 Million shares for a basement price of 0.2 will be so pleased with themselves.

This is nowhere near the worst performance today of an AIM stock, I have many *much* worse, but the general indicator is that traders and investors need CASH this week, winter fuel bills are in, Business leases need to be paid, and the economy is in the beginnings of a "Train Crash".
Personally I think that Monday Morning is going to be a reversal of this today, its just a matter of time really.
I think the best option for progressing is to let the perlite people grind their own, as with the pozz. As we all emerge from global lockdowns it will then be more appropriate to hire a manager to make sure that everything goes to plan.
There is after all, some 18 Million Tons to dig and backfill, at about $100 a ton revenues.
I am sitting on my hands, and a cashpile from profit taking last week. This is still one of the cheapest assets on AIM considering its current position.

price volume change low high trades
0.215 14,415,702 -8.51% 0.215 0.235 17

I am inclined to agree, having bought back in a year ago, and sold at just below 7p.

I think we have next years price already, but that does not mean that its not a good investment considering that cash is vulnerable, and banks charge for keeping your cash. Gold is overbought, as are many other "Solid" investments.

But as it hits 7p again, its probably going to bounce back up to 8.5 in a week or two, I was waiting for 5p but I don't think it will happen. I think we will be blue again by close today. Cleared out a few yesterday, now sitting on cashpile with no-where else to go.

welcome to the madhouse, but sadly you cannot believe anything in that particular publication,

You could probably power a cruiseship from the plastic waste produced onboard which they traditionally tip overboard at night ...

possibly WSB; mobile apps etc with no transaction fees.

or maybe a bot

find it all on tw#tter

This is now two months since it was announced, which means that some 30 day samples should be ready to analyse, and hopefully turn this sleeping monster round.

Selling off some profits from EVE, may top up again here ...

we need more bashers to drive the price up, as rampers always fail ...

If it falls down to my average (0.15) I will just buy more ....
because the only thing better than a 3 bag is a 4+ bag
and I am already too close to my Cap Gains Tax threshold to sell (thanks to AYM, UFO, and TYM and a few others ..)

as my crypto is gaining 10% every day on average, I just cannot make myself move any more cash ...

looking at more silver, but the price is twice what it was ...