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Claire are you stalking my trades ? Kodal too ?? well I sold much sooner than you - as soon as it popped 0.3, and I think before the coup ... but it was also a no brainer and no longer on my watch list, same for PREM which I also sold too early and dropped, as I did with the Vanadium reflux - cannot even remember their ticker now (BVM ?) - research takes time, and we have to sell and take profits when they come round .. if even just to pay for the total failures, still its a "Merry go round" most of the time, ride the spikes and spread the profits - working on trading algorithms to remove human stupidity ...
so my misariffmetick says 732K/15 makes an average of under £50K each which is certainly not bad as a £10/Hr Cleaner costs actually around £35K to employ, and doesn't need to have a desk or place of their own to work in ..
Golfer your 10M is plenty here, should earn you enough for a new car in time ;) I also had 10M, but sold most and a, now collecting again at these lows.
Probate rules would normally require the trading account to be closed and the shares sold, it may have been in more than one account, look back at the trade history and you can probably spot the sales ..
Good Luck with your portfolio, hope you make some good gains here.
as the SP is rapidly falling to my "BUY" mark ...
DYOR - AIM is Gambling, keep your shirt, high risk can mean high rewards but it also means a high risk of losing your entire stake.
I like this at 0.1p please ..
managed to grab a few more at the low price before spread opened again, waiting to sell at 2.1p again ;)
-> my chart says maybe October .... watch the spread ...
just bought a few more, hope it can stay low for a few more days now ..
now you can join the "SmellSnake" club and troll the board with your negative rantings having sold at the lowest price for 2 years .. you just robbed yourself and I am laughing all the way at you ...
Its a covid lockdown trading year, so what else would be expected ?
I need the spread to close so I can buy some more now ..
Yes Claire, me too ;)
Low price + low spread = bargain buys !
5% spread, and good drop after tiny placing ...
when I get back from the morning jobs - will top up some more.
Good Luck Everyone ;)
SR Mining is a wholly owned subsidiary, and owner of the mining permit.
I suspect as PC has stated JV and not outright sale, as its already in the right legal form for both, and JV will simply mean the customer comes and digs it out and pays for what they take.
another small topup today ;) seems so very cheap now and spread to 9% ..
another 35% drop and I will open my wallet, as at under £5 Mil its at risk from a takeover.
and the way the business is working.
-> Capital to revenue : Projects are "Discovered and evaluated" which become the firms assets (Capital) which are then sold with "Royalty" payments agreed, and 5% sales "Royalty" is a hefty chunk of the operating profits considering that many major corporates make very little "Net Profit" as a percentage of turnover with 5% being a comfortable margin.
-> Seperate risk from assets : SRES as a holding company with no staff (Risk) with all the "office work" done by TYM, a few directors, and contractors. Assets are held in subsidiaries which can also be sold off later..
Will wait for the spread to close again now ..
spread down to 9.09% - lowest buy price I have seen in years, time for a topup maybe .. (before the placing ..)
The Rothesay dock in Clydebank (near Glasgow) is a perfect site, both from a retail and industrial perspective, with the capability to import and export by ship, and an existing pump station to supply retail and industrial gasses. The infrastructure needs to all happen at the same time to hasten the switch to cleaner energy, including use of gas for utility vehicles.
Have we hit the bottom yet ?
yes ? No ? or is it a "Dead Cat Bounce" maybe ?