Member Info for Sotolo

Thanks Bushy, I think I remember you from the school playground. “ Only 4,000 individuals (less than 1% of the population of day traders) were able to consistently profit, net of fees.”. Most short term traders also lose. As a holder overall I have gained, Cey well back in the black and Hoc up over 50%. So please be tolerant of those with different outlook than yours. Luckily most of the world is not a school playground even….
And it remains true that a good permit result will be great for the shares, a bad one awful but what is likely is a compromise who knows? Anyway respect to you and your trading success just not everyone can easily double their money trading Hoc as evinced by most of those here. Love and kisses

Well the market was annoyed around 6% first thing now a bit less annoyed,

Thanks, so pgm ounces mined down 20% quarter on quarter, due to adverse weather, and total forward guidance down 10%, wonder how much the market will mind

So you think Owl is a complete imbecile and anyone who is not a complete imbecile can easily double their money. Well in that case most investors are complete imbeciles

Bushy you say IF someone sells 5 times for 20% profit they double. their money. A big and relatively unlikely IF! Owls explains like many he has sold 5 times and lost money

Paul one of the wonders of Centamin is a large proportion of profit has been paid out in the dividend rather than being invested in more holes, however the management have said that the dividend will now become a reduced amount of profit and I imagine continue to fall until profits are substantially higher

Gosh Owl if your purchases are such a good leading indicator, does this purchsase presage another fall, maybe on the results which will be poor or maybe on the permit which might be dire? Ever heard of the expression five times bitten, sixth shy, or not for you?

What Brazilian asset, we floated the rare earth and retain a small stake but it is stalled environmental permissions having been removed and. Or Volcan they have been trying to sell and is a speculation on the future

Yes Prof basket down below $1800 and Karo $1550 with hefty borrowings to pay back. You could say the metal prices are catching up with the share price that looked so very very cheap but was anticipating this. You could take solace that the share price stopped falling a while ago anticipating that the basket would flatten out or not fall much further. However as I see it Rhodium two year into a bear market so Ibhave no idea where it will end. I am just hoping that PGM’s break even, that Chromium remains very profitable and that Rh turns in a year or two to save Karo that could be wishful depending on how the electric revolution goes and if third world ice demand increase outstrips China Europe and U fall

Prof why should it be temporary? The saying is the trend is your friend and this has been going on two years so not sue where the temporary is. Pretty worrying for Karo which must be entering loss territory. Another near 10% tumble today

Bushy I am not bitter, quite happy but just yelling it as it is and reporting what the company has been saying for a while, the company is not bitter either tho could communicate more. I remain ever hopeful, just today not a bit of a surprise xx

Shame we have become a gold miner with some silver (as long as allowed to mine) as our majority silver mines like Arcata and Pallancata just too expensive to keep going

Mary. They have been telling us this for many many months, so nothing new to affect the share price. If or when they don’t get the permit they will lose most of their profits so the share price will plunge conversely. If they do get permitted it could soar, depending on the detail of what the permit it says. They have been suggesting for a long time, that it may be some kind of compromise. But it doesn’t look great with the negotiations, taking so very very long.

Well there we go the usual 31st of the quarter with a bit more detail than last time saying they are hopeful but our main mine (giving us almost all the profits) may be closed this quarter, scary news

Rh continuing the 2 year trend and soon down 4 fold from the top as already hit 8000. Lucky we have chromium tho Keyes hope PGM recover before Karo goes into production so isn’t a white elephant and a drag rather than enhancement on profit. With chromium off the top the share price that looks forward is doing surprisingly well. Just wonder when the 2 year bear will turn. Presumably when we start reading how dreadful rh price is as too was marked by lots of news on it

With All that has been going on, this year’s results have been postponed, I wonder if we’ll get the customary end of quarter rns saying still no Inmacculada news, as promised this quarter, hopefully there will be some permit news that is good before the postponed result

Saab, if the permit is fully given then then the price will shoot up, however chances are that it won’t and there will be some compromise, and the price will depend on how good or bad that is, II wonder if there will be an rns tomorrow saying why it hasn’t come again this quarter?

r1234 absolutely. We need to tolerate and respect each others’ views; in the grate scheme of things in 500 years it will be meaningless history, even in 100, and we shall be dead. So dreadful how people fight so about it. I am writing this in a sweet seafood restaurant in Bari, Italy, talking to the waiter about how left and right in Italy are so intolerant and won’t listen to the other point of view same everywhere, we seem to become so polarised and not just have decent debate.

For each extra $100 on gold prive per oz and on 460k oz as Prof says then that is extra $46m of which I believe we get approx $22m (less 52.5%) so in answer to you question the difference for us between 1950 and 2100 is an extra approx £26m so broadly as Prof says

I look for the licence rns every morning despite expectation saying that we will get another end of quarter rns next Friday saying actually the elusive permit has still not arrived as promised the previous quarter but will be arriving in the next quarter….and so on