Member Info for Sageman

Gary, if you had live feeds you would have seen profit taking every day on an intra day basis plus massive volume. The pull backs in the sp intra- day have often 10-15% . It follows that people have been taking profits and the 10% brigade have been regularly satiated. The thing is that it was tied in people’s minds to UKOG . Closer examination shows gold in Wales and substantial assets in Greenland. A re- rate is taking place as people reassess.

Grover and Cof e no worries. As you can see when you ask for info you get it in spades - mainly. UT and paste. Then you get the spin. “Oil , gold and graphite all set to rise significantly in 2021.” “ screaming buy”. The cut and paste you could have read yourself . The rest just opinion . Some say that both oil and gold have peaked ! Personally I disagree but that is opinion. Good luck and thank you for being so courteous in your replies.

No wish to offend. I guess I have been around the block a bit. The most classic derampers start with “ hi I am a newbie please could someone explain”. The reality is everything is in the RNS’s, company website and press with the rest speculation. So read for an hour or so and you will know the facts. I was actually being kind because people get manipulated by others. If you do your own research and actually know the facts you are better prepared for the bear pit called Aim. GLA . Always DYOR

C. with all due respect you are lazy. With the money to be made here you can afford to do the research yourself! That way you know it is honest and reliable.

I had live share price feeds all day yesterday. Yes the sp rose over 50% on massive volume but that is not the whole story. Throughout the day there were dips as the 10% day traders took profits but it still finished pretty much at a high. The sp will be volatile going forwards but this is a genuine re-rate and the uptrend has legs. It is the fact that the profit taking was clear and visible that makes me feel comfortable that Monday should be good , much depends on the weekend press and news flow.

I see this more simply. We were seen as a play on Horsehill and tarred with the failures of Sanderson at UKOG. Further to recent RNS’s we have been reconsidered as a diversified miner with interesting assets in Greenland and Wales. The gold gets the headlines but the Greenland assets help de- risk us. Our mcap is too low for the potential. Traders will make this a volatile play but there remains much upside especially if the news flow is positive. I am not going to try to guess a future SP but am very hopeful of decent upside.

So glad I dumped the bulk of my UKOG holdings for this. At circa 0.7p I will break even if it hits 1p it will wipe out all my dog losses (who mentioned SXX!!). I Have a B/E of 0.15p and am happy to let this ride. There will continue to be inevitable profit taking but the MCAP is still tiny in relation to the potential. The gold is there and the workers will be telling their mates. Fingers crossed for my 1st 10 bagger. Good luck all

Skwizz, I wouldn't be surprised and I still have some shares. But no action here until October/November planning. We know it will go up in the week or so prior to but so does Billy no shares . Can he wait that long for more cash? Will he do a placing on any spike.? Lower risk to take cash make more money elsewhere and (depending on news and sp) invest here again a week or so prior to planning. Tymers will ramp it like mad but sell the day before the decision!

Shares I exchanged here for 0.20 on a straight swap for Alba now up nearly 50%. Another of my shares Thor has done a placing this morning and the shares are up nearly 10%. The directors have put their own money in! In contrast we have Billy no shares the great diluter and destroyer of wealth in charge here...choo , choo.!! The man make me sick. He is the worst CEO on Aim. He sees share holders as a cash machine to finance his hubris. His job is to build shareholder value but all he does is destroy it...If this comes good it will be in spite of Billy not because of him.

I think that people often forget the principles regarding diversification in terms of a portfolio apply irrespective of the size of the portfolio. I never put more than 2% in an Aim stock, 1% initially and the balance depending.. 1% of a 10k portfolio is not a lot of shares but what if David Beckham was investing? 1% of 100m buys circa 10% of this company! When building a portfolio it is always based on percentages.

Results pretty well as expected. Ultimately this is a geared play on oil and on that subject the experts are of no use . When oil was over $65 per barrel no one predicted that in April it would be sub $20. Put simply at $20 this goes bust, $50 SP is ok $60-$70 company makes good profits. So the real question is do you think oil will rise? If the answer is yes then buy/hold. If no then sell. In the meantime we have a volatile SP but the company is in no immediate risk of collapse.

Ocelot, that is a good reminder and part of the reason why I have topped up today using proceeds from UKOG. In contrast Billy no shares Sanderson aka the great diluter and destroyer of wealth does not own a bean of UKOG shares and just loves death spiral finance. I was able to swap one set of shares for the other at a similar price, it was a no brainer given potential news flow and prospects here.

Adam my B/e here is 22p. I was hoping for 50p taking a 2 - 3 year view so our thoughts are similar. Am happy to trade but feel comfortable that I have bought here. Fundamentally the company is sound and the fundamentals will improve with oil and vaccines.

Great post Tymers...no luck required as you will ramp to 1.5p and personally sell 0.4 -0.5p for yet more personal profit built on the gullibility of others. So predictable!

Sometimes you need to stand back and think in terms of fundamentals. Do you think post vaccine oil will rise especially with winter in Northern hemisphere approaching? Why do companies go bust? Answer because they run out of sources of funding. Then check RBL, cost cutting. Then look at hedging 60% of production at $57 in 2020. We actually have a cash generative business that will not go bust that is slimming down in line with lower oil prices. Taking a 2 year view Tullow will not go bust and will weather the storm. At the end we will have far lower debt and a much higher sp. just my view.

The property market has come to life following the removal of stamp duty for the 1st £500,000. The market has been slow to catch on that builders will be major beneficiaries and have yet to upgrade the sector. I rate this a strong buy at these levels.

People are spending more money on their homes and less on travel. Working from home has refocused consumer expenditure on their properties. I bought in here about a month ago and see it heading back to its year high like Kingfisher. Should be some news in September that will hopefully be positive. Good to see that the brokers have turned positive too.

GGP has a market cap one hundred times larger than ALBA reflecting that they are very different. However, it does not mean that from an investment perspective that GGP offers better potential in terms of multi bagging. A 5 fold increase for Alba is arguably easier than for GGP.

Tymers has no confidence he just wants to con people. He will ramp , as the price rises he will sell whilst telling you to buy. Afterwards he will gloat about his free shares whilst you nurse your losses. As MR investor says this should rise up to the hearing mid September. The intelligent will sell just prior to the Hearing , the risk is that Billy no shares Sanderson uses the spike to do a placing. Billy no shares has diluted this so much that the £1 party is more likely to be a 2p party. Luckily at 2p most here can escape unscathed so all to play for.

Butd, tomorrow morning we will see if Angus let a Riverfort convert or , per the last 3 conversion dates, they pay them off. If they pay them off then please stfu and apologise!