Member Info for Selpec

If they keep the same pace and oil stays over 90$/barrel, cash build should be 24+11+11 = $46M by Christmas.

Mr Abbott surprised. During two months of ME conflict, AXL accumulated 24M cash. It's 30% from capitalization. It looks like they work over weekends

Suspended. But not under administration. What can be expect next?

Bottom already. 62p will be hit if V-recovery happens, likely in May. Quite pessimistic target IMHO.

Light pullback should be over this week.

Tom, after my message the oil gained 12% while AXL still struggling to break through the same level - 23.0p. Out of steam. 18.5p is only -13% from current price. This level will not look doomed when oil moves down to 95s.

Not impressed with RNS. Net income 1.4M is a joke. Next oil movement will expose the true sentiment regarding AXL value.

Somehow tungsten is difficult mineral to recover. Hopefully TUN will achieve profitability level. Two years ago WRES went under administration as could not reach acceptable cost of the process.

Last production RNS was three weeks ago. Next is unlikely to be released before June. But it's not the point of distribution. As Tom noticed, lack of reaction on rising oil indicates weak hands. Shares need to change hands for the next push. Deep drop presumably in May should work well for. In my opinion, probability of 30% drop overwhelms a potential 10% rise within next few weeks. But to be on safe side, I will start accumulation with SP around 18.5

Tom, this security is in distribution stage. Who would buy AXL if it gained 100% since October. It's time to sell when price hit the highest high. With end of ME conflict, SP will return back to 12 - 17 range. Sold my shares last week although like AXL management. Business is business. So going to buy it at lowest low next month.

No logic, no news. Seems market manipulation. It should recover to 30s soon.

Why CAML is drifting down on rising copper?

Healthy pullback

It means distribution. As soon as Arrow street out, there will be pullback.

Just realized that my TUN share has been diluted in 10 times comparing with last year. With current price capitalization should be around 69M. I have not got how capitalization rose in 72 times - from 7 to 500M while SP only 8 times. Who got 440M? I feel robbed.

This stock became too risky. No institutional support. Sold today. Oil likely shows reversal soon, and this stock will drop back to 13 - 15 range. Todays' deep to 19s is a bad sign, presumably insiders are taking profit.

Seems institutional boys have no much interest in AXL. Too low capitalization / liquidity .

Institutional hands do hardly care about TUN today. They are busy with FTSE drop.

@JamesOxford, safe approach. But not for me. I like Mobico spirit and what they are doing for people. Investing to MCG is more than just money. Something meaningful.

Transport companies will uplift the prices soon. Authorities can hardly argue against oil soaring. The only point stands on MCG way is higher rate for the gearing. Not deadly. Mobico can be profitable even with endless Iranian conflict and oil 150-200$/barrel. Action required from management.

I believe the drop in shares caused by relocation of capital from transport to oil-affiliated companies. Still in the process. The choice is to buy oil at high or Mobico at low.