Member Info for sasa43

Hi Isphahan - good to hear from you and hope you're keeping well.

I haven't entirely given up on AMC but like you and most of the VLTHs on here, we're quite captive with the sp so much in the basement. Ergo, I've mentally 'written it off' until something happens to either galvanise the price or bring an end to this marathon, as being unproductive in the event.

Given the value of what Amur is sitting on / the increasing demand for such A1 battery material, with Cu being so sought after now, too and the other peripherals, I can't really believe that it'll remain undeveloped for much longer. The NPV calc I re - worked the other day remains very impressive, even though its relevance is rather eschewed by some.

I hope TB might yet have a 'cunning plan' to surprise us all or something else occurs to end the present 'stalemate' - we'd all welcome that, for sure! ATB - sasa.

Hi gwm - just seen your post re: AAU / FRES and POLY...

I came out of AAU some ten years ago now and am in no position to comment on it today, unfortunately. FRES I also ditched a couple of years back, as their prod. probs increased and reinvested in POLY which I still regard as the best 'goldie' given their much better achievements over time and reliable divd paying record which you're also interested in, seemingly. A 5.5% yield in these mkts today, is quite a 'rare bird' and If gold has another run, the Instos should rapidly return to this FTSE 100 constituent, I'd say...

I also like BRWM for stability / spread of pms and base metals / steady divds, too and PUR for anticipated excitement in the gold space as they get their production underway now. With a very low AISC of $787 per oz. currently, their op. margin is very impressive with 50k Au ozs being the initial annual target when fully up and running. A mining friendly jurisdiction also adds to the appeal...

As for AMC, this has been the most trying investment I've ever encountered and that's endorsed by all the VLTHs on here, I'm sure! Where we're at with this very valuable nickel sulphide discovery, I've no idea currently, tbh but its significance today has never been more desirable than it is now.

Just hope that, if the Ni price continues to trend towards $10 per lb (quite possible in view of the demands of the 'green revolution' in all its forms getting underway in earnest) with AMC having some 2m tons of Ni equiv. of the most desirable stuff must really be worth monetising at some point.

Whether that's via a JV or an approach for the entire from a major group like Norilsk (my best guess) if Amur can't manage to do it on its own, is moot but right now, 'hope springs...' is all that I can lamely say at this juncture, I'm afraid. ATB - sasa.

Hi Joe, thanks - hope you and yours are all well, too...

Yep, getting on a bit now but the best tonic for all of us, of course, would be for this long running saga to suddenly surprise and significantly so, on the upside as an unexpected finale - one can but dream / live in hopes, etc., - sasa.

Hi Bomber - happy to vouch for you, too, fwiw...

You have been fortunate to avoid the sp attrition here since you left - we're all pretty ragged / very frustrated these days with no news of a positive nature for so long but TDT has adequately summed up the situation today - sb a good punt now around todays desultory price level.

However, I've said that many times before myself and yet the waiting goes on and on; one day it might happen to release all the patient prisoners here. At least, you have that option available to you today whereas all us LTHs remain well underwater with it. ATB - sasa.

With Rhum3 now a validated contributor to upcoming production / Columbus next / 100% from BKR in six months time, the value here is materially enhanced to justify a well overdue re-rate to 175p odd ps, imv.

With gas prices where they are currently, any deal announcement by or for Serica should easily change that big figure to further advantage...

The shs go xd in a fortnight's time, btw - sasa.

Useful article, TDT, which I've been expecting to see. With PUR's gross margin of more than $1k per oz currently as they steadily ramp up production, the sp seems well positioned to stage an overdue recovery as Butcoin comes under pressure - the valuable tangible v the artificial intangible - had to happen at some point, imv - sasa.

Echo that riposte to legache, NewK - I see no point in commenting upon a stock I'm not involved with.
Yes, the sp performance here has been surprisingly dull & disappointing for quite a while, post BKR but the potential remains compelling looking ahead, given the 67% revenue boost from it next year
/ Rhum 3 and Columbus upcoming with gas especially strong of late, too - you either buy into that, or you don't... sasa.

Sorry, wrong stock! - sasa.

Give 'em a chance, MrOnions - they've only just started producing; more capex required before they're comfortably in that position - sasa.

Room for another divd hike, too, no doubt - sasa.

Agreed, squadraazzura - it's very unusual for a stock to rise straight through the XD adjustment, especially on a sizeable divd like this one and to push on a bit more, too. Indicative of positive sentiment building as gold strengthens - sasa.

This is either a crock of gold or the other stuff - hopefully, it'll prove to be the former.

We'll know which it is when the figs. are out and a reasonable value can be attributed to it on an earnings multiple / outlook etc., Meanwhile, just holding myself and hoping the sustained weakness isn't indicative of something really negative we don't know about yet, so until then, I'm just waitin' & hopin' ... sasa.

POLY goes XD on Thursday, gwm - not due to be paid until 28th May (just to clarify) - sasa.

Hi gwm - as before, I hold only POLY and BRWM for income amongst my 'goldies' but will have a look at Chesterfield Resources at your suggestion.

As for AMC, the silence here is 'deafening' as we all know; most of us are all 'well under water' here but, at least the Ni price is now around $8 per lb which is the only crumb of comfort for now - sasa.

Hi bitcoinb - some of my posts, perhaps deemed sensible by some, haven't always proved the most timely, unfortunately, especially on AIM where sentiment is the main driver, of course.

Being 'old school', though, I've learned to be patient in this game, unless the fundamentals / outlook radically changes for any one of them. Fwiw, I like HZM in the Nickel space to run alongside my major disappointment here so far (AMC) which might yet do something worthwhile, who knows?

Copper is becoming increasingly sought after now and ATYM is my selection here (in preference to 'fags' for location reasons) with POLY and PUR on value and potential grounds respectively for AU exposure. In bio pharmas, I like SNG and NCYT (covid therapeutics & PCR testing) and CHAR as a proverbial 'phoenix rising from the ashes', at last (I hope) along with Serica for value & stability in the energy sector... They just suit me right now but I'm no oracle in selections, so do DYOR which goes without saying!

BTW, do you dabble in Bitcoin out of interest, given your moniker? Just curious, that's all... ATB - sasa.

Hi bitcoinb - yep, that's me; been in Serica for yonks - sasa.

Okay, Mr DC - understood... sasa.

Thanks for that link, GettingBy - very useful to know - sasa.

Hi wasa - whilst I'm as positive as you / djr, etc., and others on here, I'd never countenance having 'all your eggs in one basket' or near to, no matter how attractive the situation is. If anything goes wrong ('black swans', etc.,) you've no means of avoiding a major disaster which could take yonks to recover from.

Ergo, Some prudent diversification, especially on AIM, is essential, imv - fwiw, I'm well overweight here myself at 22% of my stuff and I watch it like a hawk, accordingly. I do think this prospect is very appealing (hence putting a significant tranche in here more so than I normally would) but you've got to give yourself a fighting chance of 'getting out from under' if it all unexpectedly goes sour on you.

That's my take on that, anyway - wealth by stealth I try to abide by - maybe, it's an age thing? Dunno but I hope it all works out very successfully for all of us, of course - sasa.

Agreed, Mr DC but 'this is still just over 10p' you say - don't get that bit - a typo? - sasa.