Member Info for Silverfoil13

When RKH discovered oil in 2010 the price shot up 10 fold .. a good result at MOU5 could easily do same for PRD .. AV and Bold would be disappointed

If PRD over next 3 months does what RKH has done over last 3 months I’ll be a very happy man!

AV why are you bothered?!

Going out for the evening to watch Robbie Williams .. can’t wait to see the feedback on PRD and opening price tomorrow!

Interesting Spacehooper .. just looked at last 6 months and that is the trend.

Someone said earlier 10p today .. ah bless!!

I really hope SAR are not going to require extra funds anytime soon because I fear the appetite amongst small PIs on here will be much less enthusiastic than last time.

I’ll never understand markets. Sales outnumber buys by 4.5 to 2.5 but the price rises. Explain that!

40p was my year end prediction. Dammit .. missed it by 2 weeks!!

I remember SAR doing a raise at 10p which at the time was considered disastrous and I bought in to it 14p and sold a big chunk a few weeks later at 40p so it can easily happen!

When do the experts on here expect a return to 3.3p? Sure it won’t be long!

Great to hear from you Matt .. even a £1 from here would make me feel a bit better!!

Shareholder value is same as it was 5 years ago but products are much further down the line. Markets no longer make much sense.

I have been reviewing my history and objectives with SAR and trying to determine what result I ultimately hope for from SAR which means just 1801 and 1802 now realistically.

I originally invested in 2010. I was lucky to make a £30,000 profit when I sold a chunk at a profit in 2021. Then came the opportunity to buy in at 14p after the RF c**k up last year to help average down my remaining holding which is now 48,000 shares at an average cost of 46p so total cost £22,000 currently worth £10,500 so unrealised loss of £11,500 n my current holding.

I have always wanted to make a total profit of £200,000 from Sareum so need £170,000 profit from my remaining 48,000 shares that have an average cost of 27,360. So need sales proceeds of £197,369 to reach my profit target which means holding on till £4.11 a share. No idea if that is remotely possible now but given I will never be totally out of pocket with SAR because of previous sales I think I’ll see it through to the very sweet or bitter end! It’s gone up 20x before so not impossible!! Who knows!!

Anyone who thinks they can read or predict the market socially small caps are kidding themselves. All you can do is find good stories believe in them and hope they come good.

I’m not sure Friday was such a bad day. This will sink in over the weekend and I think it will fly on Monday day.

I paid £9,000 for my 5.5 million shares .. looks like there is a chance I might get my money back now!!

I have been in since 2009 via DES, FOGL, RKH and BOR. I invested because it was considered that this was the new North Sea! I have suffered a lot of mickey taking from friends in the oil industry about my investment so I am keen to see success here in terms of development of this massive find so I get the opportunity to “gloat through a room” of my old oil chums!!

My biggest investment mistake was selling Games Workshop too soon. I got in at £1.50 in 2000 because my sons loved War Gammer games and it looked like an exciting concept and sold out very happily in 2004 for £7.50. It’s now £132!! So I’ve learned that whilst slicing is always a good idea (and I’ll top slice at 4.5p here) retaining a chunk for the long term is a good plan too. So £1 would be my long term plan here.

Great turnaround over last few weeks; bought in originally at 1.5p so will top slice and sell 1/3 when it hits 4.5p then it will never owe my anything!