Member Info for SeagullsFan

Nice one Trek.
All adds credence to the optimism building here.

Awesome dbd. Sounds like a great plan.

Now, is this really your very, very last buy? haha

@KevinRound

If we hit HE, this will go over £1, and various posters have targets like £3, £5 and £10. So, if you're in at 15p or 21p, who cares.

You are still in cheap as you're pre-drill. :-)

Thanks for that. There does appear to be a lot of vitriol towards FAR on the BMN board.

I get it that they think BMN is undervalued, but I don’t get the anger aimed by some at FAR. Just seems odd to me, but hey-ho. Takes all sorts.

Someone posted this :
“ It's a black shale ( stone coal ) resource, without a Western standard BFS.( there's no costing of other rare earth extraction's).
He can say what he wants, they're highly polluting and the smelter's in China don't get switched on until FeV hits $55 to $60 per kilo.”

They seem very anti FAR on there and think Sir. Mick is a busted flush (which I don’t agree with BTW). I’m in both BMN and FAR.

So, is there any rationale behind the comments about the quality of the deposits for FAR? My understanding is that they were higher quality as the extraction costs are much lower.
I realise that there is a lot of the potential resource still to be confirmed, but they seem very relaxed about that.

Thoughts?

@dbd

Couldn't resist eh! lol.

Islands look great - I can imagine that type of location being so relaxing after the years of stress/pressure.
I have plans for a place in Philippines - but will take my time.

Good luck wyn

Just checked Aruba on wiki. Looks a great climate being warm but not too hot.
Here's hoping HE1 helps that come true.

Sorry, meant that to be to dbd!

Which island wyn? Bemuda? haha

Thanks BigBench.

As they say "You've got to be in it, to win it". I'm doing my best here haha

@wyn

Looks that way. Overall, this has been a good board to date - lots of good discussions in regards the seismology, risks, and yes, charting too lol. There's been very little in the way of snide comments which seem to happen on some of the other boards.

Expect the vibe will change once the drilling starts and we get more interest and an influx of more investors (which we'll need to drive the price up anyway).

Been gradually adding (like @deepbluediver) over the last few weeks and made my last 2 purchases (2 * 75k shares). Sold some others to free the funds.

I've been torn between risking too much or kicking myself when (ok, I accept it's an "if" too) they get a positive RNS. This just has the feel of a share which is not "pump & dump" so I feel a bit more confident taking the slightly riskier position.

Just my opinion of course.

@iceman888

Haha, that's good then :). I'm in BMN too and I get annoyed by the constant digs about FAR on there.

I can see over 2-3 months some nice gains.

Well, I thought there may be a pull-back, but 36.8 already. Jeez.

If your reply is aimed at me iceman888, I suggest you wind you neck in and re-read my post.

I stated it was exciting times. My observation on Nick is that he doesn’t come across with enthusiasm.

Those 2 statements are not mutually exclusive.

@Legalwolf

If you can't beat them with logic, flattery is the next best option.

Exciting times ahead by the look of it.

However, he doesn't inspire does he. He's not exactly going to drive the share price higher with his sales pitch haha

ST
I know - also, as I'm waiting for other funds to become available, I'm OK with my holdings not increasing as I will look to add.

I guess it's a win/win (assuming that they do go up eventually after top-up).

I think we need some of dbd's luck. He seems to be the master of timing haha

@dbd
Sob - missed the opportunity this morning and they're now down 7%. Looks like I'll hold and see if they bounce a bit (and hope HE1 don't rocket before that) :-D

ST.
Yes, the team does look impressive and having one 'bad' venture does not invalidate the ability of someone. For those who think that everything someone touches will always be a success and that one failure means they're a busted flush is taking too simple a view. However, to counter that, just having a track record does not, of course, guarantee success here. It also needs to be the underlying attributes which look strong.
Yes, there is currently no mine, but this is not meant to be a short-term play. It will take time, but once/if the partnerships happen and the revised plans are sorted, this will move up. Again, just IMO.