Member Info for sasa43

Agreed, Tamovv - they even forgot to convert from US$ to Sterling - 'on the way home' stuff - sasa.

And the greatest returns are almost invariably made by those spotting mis-priced asset situations going cheap with good management, like this one.

It might take a while for the Instos to move away from their present 'risk off' mindset but when that gets underway, the mkt will re-rate the likes of HBR very quickly. Patient investors, rather than the 'in and out' brigade, make the real gravy in this game, rather than the traders in my experience...

I knew many who did so when I was in the city but can't recall any traders who made it big back then and although much has changed operationally since then, the fundamentals remain the same.

Concentrate on management quality / potential and assets - these are the crucial things to look for, imv, and forget about sp manipulation, if it exists at all - just be patient (generally so lacking these days) and you should do well over time - sasa.

Quite so, TT - sasa

Iran doesn't need its Navy to block that choke point, grantleadbeater - last time they used a couple of sunken ships to do it, if memory serves - sasa.

And if Iran strives to block the Gulf of Hormuz like they did before, a significant spike in the oil price will afford Serica, HBR etc., to judiciously 'hedge' further to boost their revenues - producing oilies look likely to be the best short term bets for now.

'it's an ill wind' and all that! - sasa

As lamentable as the latest strife in the Middle East is, Iran is likely to block the Gulf of Hormuz as a retaliatory move as they did before, obviously prompting a hike in the oil price.

Ergo, the likes of HBR and other producing oilies are best placed in these anxious conditions, surely? - sasa.

Hi TD2 - indeed - he would be a major positive for the sp, that's for sure! - sasa.

Am rather surprised this has backed off a bit since the NY listing quest was announced - it's clearly a positive, given the more exalted ratings of fintechs over there, as you rightly say, 404x - sasa.

Thanks for the update re: holdings now, TD2 - pity the Directors and employees have dumped just over 4m shs, I notice... sasa.

hi gwm - we haven't chatted for quite a while and hope you're well...

re: polymetal, i think the co. was sold to a russian oligarch in 2022, if memory serves, 'cos of the sanctions against anything russian led to them being delisted from the lse and they're now registered in kazakstan, i think...

uk shareholders were offered a 1x1 ************** in the new operating co there, requiring acceptance of this nominal offer which ultimately involved the issue of share certificates to those who did so. fortunately, i see from my records that i sold around £10 ps just before their de-listing.

you've obviously seen my positive comments on silver, currently, fwiw... atb - sasa.

Agreed - these results are very encouraging and the move to NY for a primary listing should see further sp appreciation from here.

They might contemplate announcing an inaugural Divd to placate the UK shareholder base, too - although US holders aren't so much interested in income on such 'go go' stocks over there, it's a further inducement for all holders, nevertheless, if they do and they can well afford it.

I'd expect the forthcoming research notes on Wise which can only be positive to add further impetus, as well - sasa.

With a mkt cap now down to a paltry £43m odd, Andrada must be on other miner's radars, surely?

SQM must be in 'pole' position here for obvious reasons - if AV received an approach, ideally a 'hostile' one going public this time following any private rejection by him, would galvanise the sp, even if it was a relatively 'low ball', initially.

He needs to be shaken out of his lethargy to the advantage of all the shareholders for a change! - sasa.

Whilst I'm no chartist, the 1 year chart looks quite encouraging to me, which might presage something positive like Triton's back up and running again being announced shortly, apart from some 'cum' Divd buying which might partially explain it?

Either way, it's nice to see for a change - sasa.

Echo that view of Jimmy's contribution to all on here, Klein - his knowledge about the technicals stems from his considerable experience in the industry which I've found very useful, too, over time on this board.

The Anchois drilling outcome was clearly a disappointment for all of us but no one's clairvoyant! - sasa.

Echo that, TD2 - we'd all welcome some upside action here after all this time, that's for sure! - sasa.

A useful vid. on this, Rogue_rader, - thanks. It's also been 'written up' in MoneyWeek mag currently, too...

Most 'go - go' stocks like this one almost invariably look expensive, of course but if they 'do the business' / continue to flourish etc, they soon attract further demand and become 'good value' all of a sudden! - sasa.

Agreed, DTP, especially with your last hope re: Triton - sasa.

Thanks, surprised, for your synopsis here but not before time this anticipated move off AIM - they've been indicating this for a long time.

Better late than never, though, which is something, I suppose - sasa.

Hi NewK - that made me laugh about Serica getting involved in Morocco until your swift correction!

I'm stuck in Chariot, too but while there's life... sasa.

Hi NewK - I'd be very surprised if Serica changed its very conservative 'not overpaying' for acquisitions policy, especially for a corporate in deep trouble like Wood Group - 'a wild thought', indeed, I'd say - sasa.