Member Info for Sageman

I have 3 stocks that could 10 bag in 2021. Amur, Alba & Thor. I have been in Amur for 3 years. I have equal weight in all 3 and expect one of them to soar. I wish I knew which one and which year? AMC so needs to be sold. SXX went alone and now Anglo American will reap the rewards. The mine has massive potential so my hope is that post TEO they either get fully funded by a massive partner or sell out at a decent price. Time will tell

Rosso , we all know the potential..it is why we invested! I have a b/e of circa 2p and believe it is doable. We just need some luck on a drill. Sadly to date DW has not produced anything commercial. The trend on the sp remains down and the pattern remains the same. Promises, spike, placement drill, failure, sp drops ...repeat. I keep my fingers crossed but this is a punt and in no way qualifies as an investment.

With shares like this I invest what I can afford to lose and no more. If I want to average down I sell into spikes and use the proceeds to buy. I only sold 30% at 0.47 because it could have gone higher. Looks like the 2m I sold will fund a 4m re- purchase! Lesson learned from bitter experience is always sell some into spikes. GLA

Donek, they were not clowns they thought the Ugandan gov wouldn’t pay up and didn’t anticipate vaccine news. They were wrong, not clowns. I am sooooo happy they were wrong , ??

Valhalla, thank you for sharing your chart. It is very much appreciated.

Torn with the greatest respect what a load of introspective claptrap! This share is moving with the sector re vaccine but also recent RNS. Reality is that stronger oil price plus 500m in bank ensures survival. Biden = less fracking. Winter = greater demand for oil in Northern hemisphere. Classic re- rate where chart has limited merit. Like many COVID blighted stocks in COVID blighted sectors there is substantial room for recovery. It will take time to vaccinate but the light at the end of the tunnel is now shining.

Hi MrP, I have been around the block a bit. I look at daily risers and don’t see many 180% daily rises....That said Thor has great potential.

Thor is one of my 3 for 2021 that I feel can 10 bag - Alba, Amur and Thor. I have equal weight in all 3 (just 1% of my portfolio for each share). I have been in all 3 for a considerable time. Things coming together with all 3 but all could fall back. Nothing guaranteed but all have excellent prospects. Time will tell. GLA DYOR

Hi Wizard, I have similarly read your posts. I have been here since 2017 and initially was taken in by SS. Like many here I gave him the benefit of the doubt. Then last February he went stir crazy raising money to buy land etc. I thought well maybe he knows something. Just maybe there is secret geological data that he has. Sadly he knew nothing and was just gambling . I still have some hope but a miracle is needed now.

Troll, investors do not just sit and wait. Investors constantly appraise their investment and act on facts. UDOG just goes down and down. I moved the bulk of my shares but still hold some. Dreadful decision since they are down 35% in 2 months. I should have sold the lot! Since Feb 19 down over 90%. SS still not buying. No evidence of any assets of “National significance “ and even deluded rampers like Tymers has given up. So Troll what is your excuse for ramping this dog?

When you speed up cash flow you increase NPV. Our 13.43% share has increased in value but our income remains the same since it is interest on the money ( the coupon).

Nom, are you thinking that UDOG will have a 5 p market cap by Xmas. Seems pessimistic but with SS at the wheel it might be an achievement that he is capable of! Who knows it could be a £1 party but market cap not share price, as many here once hoped for.

Sadly SS remains at the helm and has turned UKOG into uDOG. No shares, no intention of building shareholder value . Another low for uDOG today down a further 30% since I tipped a load into Alba . SS should be in jail assets of “ National Significance “ - yeah right!

I must be missing something. The sole reason for NRR is to generate cash flow for KM. That is happening. Why would you use the cash for NRR when/if you already have it earmarked for KM? If others paying more results in faster cash flow at zero cost surely it is a win win? If your objective was NRR then not so but it is KM. I wouldn’t have thrown more money into NRR either!

But it only impacts on AMC’s holding in NRR. It makes no difference to the holding in KM. additionally it should result in faster cash flow from NRR. The fact his Mrs sold 5k worth of shares is small beer. I actually don’t see a negative here. I see a positive despite the market reaction. It could be argued that he expected the sp to rise which is why he did the sale prior to the news.

I find some of the comments here laughable. His Mrs sold 5k worth of shares, big deal! Very happy to buy another £10k under 2 p. The prize is KM. The Teo is due before Xmas and the directors recently bought far more than 200,000 shares at well over 2p. Some people think it would be a stitch up unless we get £500m for Km and they may be right. But 100-200m would bag me a very healthy return.GLA DYOR

The purpose of NRR is to generate cash flow for the main mine development. It would be illogical to put more money in to NRR . My hope is that we get a faster flow of cash as a result of this RNS. My view of this is different to that of the market. It tells me that events are close to kicking off at the main mine. Time will tell..it’s been a long wait!

Rat, to answer your question. It tells me why the mcap is £5m. It does not tell me what the mcap will be tomorrow! It also does not tell me if the legacy assets will fail or whether Saltfleetby will be a success. Glass half full or glass half empty.? I see a potential £20m mcap and can afford to be patient and see how it plays out. GLA

Rat , so you are saying not to read rns’s which are supposed to be legally accurate. You clearly rely on a more accurate and reliable source, lol. In contrast to your scathing analysis I approach all Aim-stocks with my BS Meter on. I look more at the mcap than the sp. I read 3 years worth of RNS’s. Look at the charts. Then I start to build a holding. I tend to sell half on a double. I have already moved my Alba b/E to 0.13. The vast bulk of my assets are in retail funds - infrastructure, gold, healthcare. I recently sold Thor at 1.35 and re bought at 1.15. In contrast I screwed up on Tullow but not too bad as b/e is 22 p. A lot more to investing than this share. As I say it is a game. Win some lose some. But you need a strategy and it is pretty unhealthy how some sad acts behave on this board.

Rat, suggest you read a few RNS’s and change your glasses. You see half empty and falling, I see half full and give benefit of the doubt. The difference is that I started a business from scratch 25 years ago. You constantly need to refine your plans and bumps in the road are to be expected. You see those problems as catastrophic, I see resolvable hurdles.