Unless you're looking to top-slice then the lack of movement now is not a big issue.
It comes down to discovery. If that happens, then the price will reflect it at that point.
Of course, if you want to top-slice then I can understand the frustration (I might consider that if the price spikes enough).
Same here - I’ll have multiple tabs open on investing.com too for the key shares I’m watching and, although the chart updates, the stock price doesn’t.
Also, the daily loss/gain on my portfolio isn’t always correct (the value is though). I’m not sure if some of the logic is based on last trade price and some on mid-price?
But, it’s free, so I can’t complain.
If anyone can recommend a good alternative which is not too expensive, please let me know.
Many thanks for the details/you tubs clips. I’m new to WSBN and looking to invest so having some material to go through over the weekend will help.
Sounds like a very exciting company with the potential to make huge returns for investors and, currently, a very small market cap. Also, looks to be a very good time to be buying in.
I guess the recent acquisition in Havieron will be a game changer and hopefully, bigger than that for GGP.
I get the impression (maybe that’s wrong though) that a lot of the investors on there are not diversified. Now, to me that’s a recipe for disaster as sentiment in the world can change or a new technology suddenly appear which decimates a market outlook. I’m not saying that’s the case here, but no one ever knows the future. If the V price does what we want, then holders in both will be happy :).
As an aside ST, I’m looking at Wishbone as another option to diversify into. Looks an exciting opportunity if you get some spare funds. I’m going to watch and see if there’s a slight pull-back from the current price.
The great thing about all this drive is that it will be in full-flow by the time the mines are commissioned and properly operational. High prices, low costs and huge resources. What’s not to like ;).
I agree that BMN is undervalued and I will keep my investment there (1m shares there and 600k shares here). I want both FAR & BMN to grow and I feel that the V demand going forward will be more than enough for both companies to grow. This doesn’t have to be a one or the other (and I think that is what annoyed me on the BMN group). It’s almost as if any acceptance that FAR have a good project is an insult to BMN - like really!!!
Also, diversification is sensible as you never know what can happen.
So, can I assume that you invested in HE1? If so, the general consensus is that spud (on the first hole) will be next week and then the next 3 months or so will be interesting/exciting.
I would say my thoughts on BMN are that, even with the v price increase and all of these positive things that are meant to be happening, the SP can't get any traction. I get that at times sentiment does not match the underlying company performance, but this is not a short-term issue (IMO) with BMN.
In regards to FAR, yes, they are further behind however the fundamentals are much more compelling for the long-term. Contrary to what some BMN followers think, the FAR resource is cheap to mine (possibly the cheapest in the world) and just one ore body will last 27 years (from memory). There are 5 ore bodies so it's huge.
The infrastructure is in place (power, roads, rail etc.) so no/minimal expense there.
On the VSA report it shows the expected processing costs and compared to others (inc BMN) and the overall costs were much lower.
What does this mean for short-term prices? - I honestly don't know (no-one does or can tell us). However, the medium/long term outlook is much better for FAR (again IMO).
Also, look at the team in BMN and Vision Blue. Sir Mick - Ex Xstrata/BHP and his team or Fortune. Look at the contacts they will have and the credibility. (Ignore the crap about X2 Resources that was a vehicle to do acquisitions which didn't do any, you want to look at his record of running mining operations).
If you are looking for short-term opportunities, then I'm sure there will be other shares which will give you better short term gains. In the long-term FAR will grow and be huge and the SP will reflect that, as the drive for green and vanadium in steel will keep growing.
BTW, I wish BMN well, I just feel that at FAR is an investment I am more comfortable in. When their SP increases, I will be looking to sell most or all of my holdings.
As for Jam Tomorrow, with BMN it just feels as though tomorrow never comes. Not wanting a ****ging off session as we all view things differently.
We’re all at different stages of life. I think your plan on diversification is sensible. Not too wide as it gets diluted too much, but NEVER in one company. It just takes one unexpected result and you’re screwed.
Plan to compound your returns from your investments over the years and you will make serous money, but that takes discipline.
Do an experiment on a spreadsheet. That £10k as a starting investment and increase that by say 10/15/20% in a year. Then, take that new figure and increase by the same amount. Do that for say 10-20 years and the returns are staggering. However, you only get that be being willing to delay the ‘benefits’ from your investments. Short term ‘pain’ for long-term gain.
I have 600k shares so far and will be looking to increase that quote a bit by end of summer (just need HE1 to strike HE eh ST!). That’s not a ramp, but honestly, if you have spare funds and fancy a punt, if they strike HE this will multi-bag by end of summer.
The more I read/hear ability FAR, the more I realise that this is such a good investment. I was swayed on BN by the enthusiasm by the BB, but all I see there is a company with high processing costs needing to diversify. Far doesn’t need that - it will be in the lower end of the bottom quartile.
Plus, the resource (undeclared as drilled yet) is frigging huge.
So, any post processing costs are marginal when compared to the extraction costs.
Easy money here guys (IMO).
My expectation is next week (based on trying to dial-down my own expectations).
We know something is imminent, and I am not that concerned by an extra few days. However, if it happens this week, I won’t be complaining.
The important RNS will be discovery though (unless you’re looking to de-risk).
If you are going to reply to someone at least get the basic information correct in your reply.
I never mentioned anything about sandwiches - Mr ST did - doh!
However, I do feel it is time to ask you a very serious question.
Are you potty trained yet (as I must admit, based on your posting history on here, I have doubts)?