Member Info for SimonThePieman

Time to load up on this one. Will definitely be a volatile next 6 mths. GLA

it would be nice if they gave us an update as to what they are actually doing or planning to do with the licences. I don't think they are using them. The California Sports betting legislation is a ways off but there must be background stuff going on.

One poster said they got some. Then it was a nervy weekend. Then on monday it rebounded by 100% but much more from Friday's lows. Today + 60%. They have a Jorc of 8Moz. POG was 25p fair value before the war. And 40p in the past [when they had more gold] Who is to say this wont be 10p this week? Did the gold turn to dust?They can stock pile the gold and the workers are getiing paid in Roubles. Yes there is risk but from 25p to 5p? It's not a duster. Everyone wants to trade. Gold is good.

I think you are all escapees from a loony bin, The closing price was 4.9 - 5.0. This will close at 6.0 - 6.2 tomorrow.

Buys are flying in now.

Fair value is 20-30p so work it out.

Petro-pavlovsy called that when it sells gold and why is poly-metal called that when is sells oil? You would think it be the other way round

It's not being banned. What are you talking about?

I don't get it. There have been no sanctions imposed on this company. They make/mine a non perishable good - Gold! There has been no evidence of delisting. The government will not impose such a sanction since a significant portion of the company is owned by private UK investors. Talk of such stuff has been ridiculed everywhere. So why did a company trading at 15p+ devalue so dramatically? Because it's a Russian Company? There must have been an introduction of great risk! What is that risk?

Will be blue by the end of the day.

For new investors what's not to like? They look like they are going to JV. The future is bright. It'sw a more powerful entity than it was yesterday.

Yes, Ukraine has the worlds largest iron ore deposits. You would think this war will disrupt that supply so maybe attention will turn to Africa. This could be our time albeit in unfortunate circumstances.

https://www.espn.com/chalk/story/_/id/33254799/high-stake-battle-rages-california-sports-betting-push

Because there are logistical and political questions to be answered. But yes I can't believe it either. Fill your boots!

Interesting to notevthe volume this morning.

Breaking news: Webis International [WEB] gained a whopping 4 percent today on 'no news'. Speculation is running wild . Is one of the majors beginning to take a stake? Does somebody know something? With over 40 buys and no sells for two trading days things look like they are hotting up. The 500k seller has gone and those shares are getting gobbled up, by whom? Will California legalize sports betting online in 2022? Who will benefit? Watch this space/share!

If they relist what will they relist at compared to the price when they delisted. I have 2 million. I thought I lost them all.

It's a waiting game. Thereare two questions. Will California allow online gaming websites. If yes who get's the licences. At the moment you can bet on site at the racetrack but once you go online the market opens up dramatically. Webis is well placed to be one of the licence holder. I'm invested as I think this is inevitable. With recent high volume trading I think it will hot up. If it all goes our way this could be 100p+ .

I don't like it when a share tanks so much on no news. Does someone know something or is this just due to the delay. Howashare tanks like this for no reason is peculiar. I hope it picks back up but this level of volatility is no good for investors.

That's a profit throughout COVID! I was expecting a loss for that period. If they were profitable up to May 2021 what have they made since then. I think this is a good update. An uplift in profitability to 1.1 million and an MCAP of 17 million. This looks like a safe bet. There were no gremlins in the report!