Member Info for Roharps

This is super frustrating. I have bought into loads of miners rather than silver and gold directly in the last week including 5% Fres via an ETF and I have actually seen a slight paper loss despite silver and gold going up by quite a bit. It is almost like investors are not believing its real and that the higher cashflow wont last. My own thinking is that a combination of Q3 earnings reporting from US and Canada and prices holding up in October ... say by start of November could vindicate the rise in miners and add another massive value at that point? In the mean time I just wonder if silver its self will outperform miners. Timing at the moment and figuring out how best to gain exposure to rising metal is very tricky. So many super bullish videos on You Tube and across social media. GLA

Weird how it was worth so much more just matter of days ago. What is the reason for this I wonder? Just poor liquidity, lack of updates for a while? Can anyone shed any light on this? I can't see a reason.

Ha ha for me too. Hopefully it will get there one day in any case - for real. I hope.

Being super specialised in Vanadium flow batteries - a technology for long duration energy storage, positions the company favourable in the growing clear energy sector.

The fund raise of £56 million capital this year with £25 million of that coming from the UK infrastructure bank, should help scale up production and operations over time and it is notable that Canaccord Genuity have a 40p target price per share. The potential here is very significant and I hope they reiterate their statce further to Trump getting into office.

This company has been selected for U.S department of energy funded projects, totalling 84 MWh across six sites. This should hopefully demonstrate the benefits of long duration energy storage. The US is big deal for IES.

So as we know in 2023 the company did report a loss of £22.8 million and this was up 20% from the year previous, As far as I can see the drop was just investors not being very confident that the new cash would not just be burnt away. What I am hoping though is that the most recent capital raise will help reduce cash burn with its investment and turn the company into a profit-making it a greater force for the good of the planet. After all this is a huge sum of money and one would have thought with many years now in the business, the business will have learned a thing or two. And the massive amount of investment will start to take effect.

I understand the risks and there is risks, but there is a certain satisfaction owning companies that I trying to do good, even if I do end up losing in the end.

As for Trump, him being in power is not good for the climate, he is climate change denier, so this doesn’t help spread the urgency of saving the climate. However, whilst he would like to be an authoritarian, thankfully the government is more than just one person and there is a gigantic private sector which works in large part independent of government. Nothing Trump can do will change the simple fact that renewable energy is getting cheaper and more reliable than oil gas and coal as money pours into it. The world is slowly moving on from his black gold or whatever he terms it.

Did you know there is 10 million US jobs in green economy vs just a few hundred thousand in the US fossil industry, so perhaps he is barking up the wrong tree. Anyway...

The simple fact is that the government will be aware of this and surely won’t let Trump tear up the industry. Worry not.

Remember, the US has never really been a full supporter of the Conference if the Parties no matter who has been in office, but the green sector is growing much of it independent of government. My opinion is that he might place a dent in clean energy, but it is just a dent.

As always … DYOR... and man I hope this all works out in the end.

Indeed, many of us still holding at a substantial loss, but it is very nice to see at least a bit of recovery. I am feeling positive with the company cash position and its plans going forward.

Wow this whole MCAP is below the amount raised in the summer. Is the ability to turn a profit post 2026 looking unlikely. It looks like it has alot of cash still and is investing. I will definately do some research on this as I do want to invest in companies doing positive things in the world. Can anyone comment on why they think the sp is so low? Gamesa is a big player in renewable energy and it's seems like a good thing they are not in on this alone. I'm gonna look into it all as multiple sources say VFBs could play a major role with increased demand for longer duration batteries.

Its also US inflation coming down. If you strip oit shelter inflations its close to zero !!!

Wow... almost at an all time low and I did not expect this. All started with the NED dude who sold a chunk. I have bought a couple of hundred. There is some positivity in the press and from ASOS and that dude sells every year anyway. So will hope for the best.

Will check this out at xmas.GLA

A non-executive directive typically does not have access to inside information when dealing with shares. Non-executive directors are responsible for providing an independent perspective on matters such as strategy, governance, and risk management. They are not involved in the day-to-day operations or decision-making processes that might give them access to confidential or insider information.

They may have a good understanding of the business but we won't know why the sell happened. Sometimes its sjust to raise money for a personal venture.... to derisk.... could be myriad of reasons. I wont read too much into personally.

Very pleasing to see more positive sentiment here. :-).

Alot thinking about realising losses to end the pain of the last few months i am sure. I was one of the ones buying in up at 17 and feeling alot of regret. Big hit to my pension and i just cant see this ever getting back 17. Wish their RNS at the time would have used more cautious wording around the quartz system giving best and worse case scenario.

Little did i know market had already priced in a big gold discovery in probability and that a huge fall was enevitable if they had not. The buzz from the chap on twitter who said its next big one. Etc etc... im a sucker.

I want to sell but cannot bring myself to in hope something may happen which will recover a few.pence in the share price. Lost so much that losing the rest hardly matters.

Lesson learned. Stay away from exploration.

However positives I can see though is that gold does exist and maybe on another part of their patch it will be viable given time. There is some of the geology there and right next to Newcrest haveron.

I hold and giving hope for all of us.

Hey exactly my situation. I bought at 17 and sold some of my holdings in the 7s because of the squeeze on my finances. Big ouch. Hoping that the rest of my holding recovers its losses on assay results.

Gla

Just unlucky. Hopefully this

Watcher that is a nice cautious approach to wait for assay results, but if they show gold in vast quantities you will have well and truelly missed the boat and you run the risk of getting in too high of the market over inflates SP.

Its Ok to take a gamble on this if you can afford to.lose alot. I am not ramping but the pictures and talk about mineralisation would suggest to me that odds are not terrible of this all working out positively.

Just takes quite a bit of waiting about. Im hoping for the best and not checking these shares too often given that I am at a rather large paper loss.

Thanks to Wishbone for putting up that picture up on Twitter. I am happy to hold now and find out if there is a commercial gold discovery. That gold colour in the core looks quite promising.

I understand that nothing can be said until assay results and Wishbone doing the right thing by not speculating on what has been discovered.

I accept the risk and will hold Gla. Ill check back on this in a month.

I invested at 17p and very ****ed off. They told us the cores were promising and have just not said anything further after the raise.

It lools like they were maniputaing the SP to do the raise.even if that is not the case, it looks like that and that erodes trust.

Im hoping the silence is just because they are still waiting for assay results and litterally have no news to report.

I topped up again to reduce average and reduce paper loss per share. Feels slightly better. Will hope the results are decent and will hold. Nothing else to invest into now anyway whilst markets are like they are. So may has well keep it here.

I really dont know what is happening either. Well underwater with these shares. Maybe its eurozone inflation data. Donno

I agree with this. Bad results are expected from ASOS at lower end. So cant see how this can fall on results unless they are worse than lower end as this is priced in at the SP.

What we have seen probably on Boohoo is some of the shorters waiting for results and the closing up. This could happen with ASOS too and may end up up. Lets hope so!

I bought in at 17p :-/. Only put a grand in but I cant believe this has halved in value. Feels like they pushed this up in price to fulfill a placing and then let in sink.

That cant be it. Do you still think they have a massive gold discovery in play or is it all hot air?

Looks like market want to value at net asset value at half year. If you are a shorter congratulations, but do spare a thought for us shareholders struggling to contend with the very large paper losses that pretty much all of us see on our screens. Over 70% just since start of year.

I hope there is no takeover as I would much rather hold long term to a recovery. Net debt is only 10m ish and plenty of liquidity at this point to ride out for quite some time yet. Obviously Boohoo could not survive if this bad macro environment continues years on end. In reality though I think the probabilty of that is low over the a number of years. The 1980s inflation was driven quite alot by the oil shocks which we are not seeing today.

Having a look at commodity prices, its not as bad as media portrays it. Crude oil is only up 4% year to date, natural gas is up only 23% and down 27% in a month! Guess what if gas prices are high poeple use a bit less which takes edge off the rise. Two weeks ago the ONS said that unemployment was at its lowest since 1974. That is actually one of the drivers of inflation but also shows that the economy is not as bad as everyone bangs on about. Household savings are quite high and its actually consumer confidence which I think is the main issue here. We forget that generally wages will rise to an extent when there high unemployment which helps offset some of the real loss in earnings.

I hate the fact that the government coming out of the 2008/9 period put up taxes and cut public services at a time they should have been doing the opposite and now they lower taxes when they should be keeping it higher to take a bit of money out of the system and just helping the poor but its all politically motivated to counter the negative press narrative which has actually back fired somewhat. Lols.

The doom and gloom by the media is causing so much of this poor consumer confidence. Why don't they comment on some of the good points as I have just done. Its the same at every down point of the economic cycle.

Why do they see interest rates rising as a bad thing! in short term yes. But its only about the short term. For most of the last 50 years the aiR has been above 5%... that is and should be normal. Having interest rates too low just stores up debt and having interest rates higher means that BOE can respond to high unemploment in the furture and governments wont feel so compelled to mess with tax.

For me boohoo are doing the right thing. its about maintaining sales and customer base to provide that recovery platform in the hope it happens when confidence returns.

Just a bit positivity from me in this doom and gloom pit of dispair.