Member Info for ROCKETVI

Taken a position in this one as it appears to be vulnerable for a takeover given their tech in different power sectors. Can see a bit more downside given the trading update but what manufacturing Co dosn`t have the same issues ? Takeover offer next week would be nice..

Worth a punt as an hostile bidder may appear but doub`t it would be accepted for all of the groups assets given the Government involvement. Bit like BAE in same sector. Cost & supply are going to affect all manufacturing Companies earnings for this & next Year so can`t see this one going back up rapidly on earnings. See that Blackrock have slightly reduced so need to keep this in mind if they offload more and if sold shares have buyers waiting to get in cheaply. Quality Company so it`s a long term hold for me.

I believe that they are looking ahead and de-risking on the mine. Dosn`t look to be for the shareholders benefit TBH.

£7 this week at this rate. Feel there is better news on the horizon.

Unfortunately the positive is that they will have to raise more funds but at what price ? Glad i sold out a while ago and was looking for re-entry price but this can go even lower if a placing is required.

I also bought crypto and made a profit before cashing in. I missed the big latest rises but not holding a grudge against cryptos because of this. It is very clear in bitcoin that it is controlled by a few whales as you say, and they can collapse bitcoin overnight when they organise a sell off. This usually brings the full market down. Around 4 million bitcoins have been lost forever i have been informed, some by hacking and others losing wallets so i believe that cryptos are high risk now given the high prices. Reminds me of the tech bubble when companies were valued at stupid levels and that wiped a few out when it corrected.

Be even nicer if the news got it to £14 +. Still a great price to be buying long term holding as miners are out of flavour. See when crypto gets regulated that the reality that most cryptos are worthless, money comes back into physical gold. Why is a digital currency worth £50,000 each when there is no asset of anykind to back this up. Cant wait for the correction TBH and see what a scam cryptos really are.

Treasury bonds rising hence gold sell off and lower S.P. Gold S.P. will be back up as buyers stock up on physical. Good chance to get back in again although would like to see go below 16p. Wont happen Today but still a great price to stock up on.

This has been one of my better recovery stocks since earlier sell off. Slowly rising so am holding out for another great divi payment.

Cryptos do have a vey useful purpose regarding the blockchains but i would say over 95% of cryptos are just ponzi schemes. Bitcoin can never be considered as a reserve currency as 1: it is too volatile in price swings. 2: It is purely an electronic currency and open to hacking. 3: there are only 21m of them when all have been mined. This is the thinking that bitcoin can reach $1m each and a World reserve currency need quite a bit more than $21m . The only practical reserve is gold given that it is backed up physically. Fiat currency is only a promise to the bearer and cannot be guaranteed to be honored or it is devalued by printing more or inflation. Unfortunate that gold is manipulated at present by the FED/$ but i dont believe that this will be the case for much longer when the $ is seen to be not as strong as people imagine. Can see why people buy cryptos thinking that they are immune to all the market issues, but as i say, most cryptos are worthless. Stick to gold.

Can see you getting 20p very soon. I should have only sold half of holdings but got too excited taking a much needed profit after been down on most other shares for weeks now. Can see a pull back on the usual Friday profit taking but maybe not much given that physical gold is becoming in demand now people realise what s**t the Worlds economy is really in. Hope you get more than 20p very soon.

Previous member correctly forecast that this would spike and then quickly drop back. Glad i listened so can buy back in ready for next one. Thought it may hit 18p but obviously many taking profits. Still great goldie to be in...

Totally agree with statements in that no figures are given to justify a £12.00 fair value as seen with the current S.P. Fully loaded in at these bargain prices with gold ready to rise to new highs in 2022.

Or just a worthless empty shell ? No oysters on this one. It is a disgrace that no news has been releaesed by the Company regarding the progress of the FCA investigation. They obviously want to see what has realy happened as the F.C.A. allowed this Company to list in the first place.

Other holders are far more knowledgable than me on this Company, but this one is now my largest holding based on cash reserves, debt reduction, profits & dividend %. Cant see any other PM miners who can better this at the current S.P. Cant predict the future but it`s too cheap not to buy in the current climate. Hope you get most of your losses back on this one. See you back at 25p range.

Large buys noramally are at an higher price as you are buying against the free shares in issue and this can alter the S.P. if large enough. There is also a broker difference depending on which MM they use. You can always put an order in at the price you will accept. Suggest opening other account so you can get better live price. I had to do this when buying POLY as my usual broker set buy prices to high and some orders never went through as they batch orders. You have got in at a good price even if you paid a bit more than others so good luck & hold.

Now that this has been confirmed and that they didn`t have a choice, then gold price can finds its real value. Will still be o.k. if gold S.P. stays around this manipulated level for a while as good profits made but gold should be well in $2000 oz level. Compare gold to crypto prices is totally non-sense as most cryptos are worthless. Gold is the Worlds reseve currency given the false value of the dollar. Banks are buying physical off radar which tells me that they expect the dollar to be re-valued a lot lower than it should be. Read that there is a law that allows the FED to value gold worldwide to whatever value they want. Not sure about this but why should they be allowed to do this ?. Total control and the U.K. also has a say in this. Illuminatii.....

Rising materials cost and supply issues in the construction industry will impact future profits unless these cost can be passed on to buyers. Not sure how long these issues will go on for but it is bringing most markets down. Long term, a good share to hold. Dividend seems irrelevant for most companies at present as the S.P. has fallen way below the dividend payments.

Bonker99: China & Russia stocking up on physical gold & silver is a good sign. They are doing it as a reserve currency so as not to become enslaved into the $ as the other reserve currency. They can see that the $ will eventually have to be devalued so that the National debt can become payable. Raising interest rates will bankrupt most Countries including the U.K just to control inflation. The FED still has too much influence on world gold prices as do paper futures banks and large funds such as J.P. Morgan. Gold will have its day as it is proven over time that this is the real reserve currency of the World. Keep on buying at these levels and hold....Gold is Gods money.

Yes, and the Year low was very recent and bought more just above that level. Someone mentioned previously that this share bumbles alongs lows for long periods and then spikes for a short while before going back down. Cant confirm if this is the norm but will take any spike as a reason to sell some. Would be different if gold price gets into $2000 or production increases. Just need to hold out on this one as price movement is impossible to forecast.