Member Info for SeagullsFan

Hi.

I’m looking at investing here and been looking at the recent SP history and it peaked at nearly 18 in Dec 20. I can see that there was an RNS raising £2.5m with new shares @9p.
Is that the only reason for the drop, as there is a lot of positivity on this board.
I know it’s DYOR, but sometimes first hand views are more beneficial.
Thanks in advance.

Thanks broad.

I’ve been reading (lurking) in the background for a while reading and decided to take the plunge today. Should have waited though as could have got in been lower haha.

Have more funds available by end of month, so (selfishly) I hope there’s no spike before then as I will be adding more.

@dbd

Good price IMO - below my average lol. I have nothing free right now to invest as I'm maxed out.

I'm wanting FAR to stay at these levels for another few weeks as I have some more funds becoming available by end of June and I'll probably take some of the (hopefully) gains from HE1 and buy some here.

Got some others I'm looking into too.
THR (THor Mining)
WSBN (Wishbone)
CHF (Chesterfield)
ECR (ECR Minerals)

Of course DYOR.

Apologies for the referring to other shares people, but DBD and I know each other from the HE1 board and I feel that's how we often find out about other companies.

@Durante.
BMN is still struggling to get out of the 15p range (even going below it).
FAR is back to where it has been, apart from the spikes up.
So, you've failed loser haha
Sad that you need to troll on another BB, and even sadder that you are crap at trolling.

ST.

Yes, but I can't remember who posted what and when. My timeline is based on what I've read here, but there is also the possibility that there is no show in he mud, but that is not a disaster, as it could mean that the trap/seal is working.

I guess this is where the experienced (or maybe I should say qualified) opinions are very insightful.

The good thing is, we'll know quite soon and then maybe finally break out of this narrow trading band.

@porvenireal

Hmm, I'll never be old enough for a little Engleburt. ;).

Looks like we're in another drift period for the SP. As we're not expecting much in the way of announcements (unless I'm missing something). could this drift below 30. If so, be a very good buying opportunity.

I'm expecting there to be an RNS by Mon next week in regards to HE show (based purely on time to drill). I think 7 days should be enough - but, of course, I could be just talking b o llocks.

Just bought in today - 2 lots of 500k @ 1.126.

Here's hoping my timing is good - just before SP pushes towards 1.4 (or higher). I can see me adding more when other funds become available, as this looks like a good growth story (IMO).

Ramping over the last few weeks I guess.
I was hoping for it to break out of the tight range it's been in though, and that doesn't appear to be happening.
Shi t happens eh!

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).

So, based on that we can expect (hope) for a show Monday next week then.

Be interesting to see if this expectation leads to a gradual tick-up in SP over the week.

@Tommyscope

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.

@PositiveVibes

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.

True ST.
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 ;).

@MonkeyTom

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.

Link to seisprocessor posts (as per deepbluedivers previous post).

https://www.lse.co.uk/profiles/seisprocessor/

@MonkeyTom

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.

@MonkeyTom

With BMN, they already have the mine etc., but it’s always ‘Jam Tomorrow’. Well, at some point, Fortune needs to deliver rather than just talk.
All just opinions of course.