Member Info for strudel

Afternoon, I skimmed through the RNS from this morning and thought that CV19 is coming home to roost in Soho - it was somewhat inevitable there would be a negative impact on SHB. However, London will always be London - if some folks leave the next lot move in to make their way in life, and Soho will always be "the party place".

Always nice to read we have a pot of funds to invest as other sellers become distressed..... I also noted a switch to monthly rent payments in advance. Will be more palatable to the tenants of the future rather than quarterly.

Gambling shares - one of my long term holdings from the turn of the century was GVC about two names changes ago - the dividend used to be a date where you knew you could sell, and buy the underlying holding back at half the price within a week. I chucked in a lump of endowment mortgage compensation into it and sat back and relaxed. It used to be consistently my biggest or second top holding until my first and very possibly last gold investment became a darling of AIM. It remains in the top 3 and becomes a possible candidate for any future investments now we appear to have given up trying to go below a fiver.

I used to work a day or two in London every week, it was a long time ago, BC now that I think of it. ("Before Covid").

If I can wangle a business trip to coincide with a night in the Stag on the 22nd July I shall. It may involve having to tunnel out of Scotland under cover of darkness though..... Pencil me in as a "Maybe" for now.

Dozen?
Sorry I meant n+1 where n equals eleven

Zig zag
That's how i imagine the decline would work..... More compact too just in case you happen to have gold bearing ore all over the place that you need to block cave under.
Otherwise you'd get dizzy in the spiral looping down, down, down.....

And besides the zig zag approach breaks all that maths into smaller bite sized pieces that you can just apply a dozen times....

CB, are the two pads you are seeing north of the main horseshoe beyond the first dune line? Trying to work out if your 800m-1km measure is from the middle or edge of the horseshoe. And all I'm seeing is dots and lots of mottled patches of colour. (I did wonder if the desert would flower after the rain....it may just have gone all sludgie).

Two holes to the south across the dune bridge look miles away from everything else. Be interested to see if they pepper that area with more holes. That activity also shoots down my "nocturnal image - no lights / no activity" theory beautifully as complete and utter tosh.

I always fancied the decline to be on the south of HAV so that it could double up and serve the deeper end of Scallywag..... Presuming Scallywag ain't just a lump of granite.

There is of course another explanation for the first dot north of the mysterious black square.

They have dotted the "i" cos they are spelling out "Hi Paddy" in letters visible for the satellite.

The northern black square is odd, best theory I've heard is a bunded parking spot for for machinery - if anything leaks it will be easy to clean up. It should also be far enough away from the main ore body to be close to the start of any decline - if that makes sense.

The black dot to the north is very odd - seems too far out to be related to the ore body. Would they be drilling a hole for water to support future mining operations? Or does that sort of thing require permission?

Also odd are the two holes beyond the dune bridge - only because there is no sign of activity on the night image - which after AM90 educated me are nothing to do with lights so you can see what you are doing, but everything to do with radar. It'll have to be a very wet weekend before I sit down and read all about SAR and how satellites use it.

I bought a private reg based on my (disastrous) UKOG holdings as an ironic joke. I laugh every time I walk to my car.....

I feel guilty at the state of my own record keeping reading that post Scottie.
Although when an elderly aunt passed away suddenly many years ago, the grim house clearing task was sweetened by the early discovery of an envelope of cash in a jacket pocket in her wardrobe. Suddenly every stitch of clothing became interesting. When the same cash stuffed envelopes started falling out of books and found stuck to the back of pictures it became a treasure hunt. The few days of work clearing the house was made more palatable knowing that lunch and dinner would involve researching the wide range of very nice restaurants in the district.

Thank you value seeker, your time and effort to do those overlays is appreciated.

It does show you how they do appear to jump around a fair amount across the site in terms of where they are drilling..... Although if you look at the scale it is usually only a move of a few hundred metres.

There's also been nothing beyond the dune bridge in the south west for a long time - I'm convincing myself here that a bunch of new holes after the rain was just puddles as they have now vanished and there was never nocturnal activity despite day & night images only being a day or two apart.

Thanks AM90 for adding to my education. I'd presumed SAR was the filter being applied to the data rather than referring to the acquisition technique.

This is however potentially great news. The green "lights" are much brighter than the blue, therefore I could start the semi-scientific rumour that they are created by the vast piles of shiny cores all glittering gold that are producing a very strong radar echo?

And the blue colours are less reflective dud piles of cover material?

MfU,
I wouldn't worry about the activity levels. If they are infilling they will be drillling in multiple directions from the same pad.

I think they are getting into a sequence of alternate daylight images showing no new holes / lots of new holes turn about. I guess drilling to 1500m and beyond takes more than five days hence this pattern.

I've been trying to work out for a while why lights are different colours and wondered if little fluffy clouds could create the effect. I had to trash my own theory pretty quickly cos the blues and greens were sometimes so close together.

I also doubt it could be moisture / humidity differences. There won't be much moisture variation across a few metres of outback. And the colour variation happened when it was hot as hell over the summer when there was no rain.

The only thing I noticed when looking through the sequence of nocturnal images was that where there were blue lights often a green would arrive later. Hence my theory about drilling through cover and chucking the material away compared to core drilling and having a well lit area to unload the cores into their trays in sequence.

The image from the night of the 6th:

https://apps.sentinel-hub.com/eo-browser/?zoom=15&lat=-21.72053&lng=122.65324&themeId=DEFAULT-THEME&datasetId=S1_AWS_IW_VVVH&fromTime=2020-06-06T00:00:00.000Z&toTime=2020-06-06T23:59:59.999Z&layerId=7_SAR-URBAN&visualizationUrl=https%3A%2F%2Fservices.sentinel-hub.com%2Fogc%2Fwms%2Ff2068f4f-3c75-42cf-84a1-42948340a846

Very few drills active unless my theory (which may be wrong) about blue lights being RC drilling to get through 400m of cover, before well lit (green light) diamond core drilling, is true - cos there is a cluster of blue lights near the centre of the site.

No activity beyond the dune bridge in the south west so perhaps we can safely say what looked like a bunch of new drill pads was actually puddles in the rain - that have now all dried out.

No activity in the odd new black square in the NW.

Will try and zoom out wider to spot other activity, but this gets tricky on a screen the size of a smartphone.

@YORKIE
EUA - it would be embarrassing if they can't find a Nomad. Why would a Nomad not want to be associated with them? I guess you have to answer that question yourself and then decide if you want to remain a shareholder.

GRL - admin error leading to being unregistered in Jersey. If their routine paperwork is that bad in an office environnent how inept are their field operations?

Sadly with suspensions, whilst you are musing on the possible answers to these questions, the world moves on and you are left with an untradable share holding not listed on any stock market.

So folks, imagine no access to any of your own share holdings or cash for nearly 12 months. No access to dividend income, no top-slicing, no juggling for capital gains, that ten bagger is going to come and go (yes, that happened to me but to be fair I would've probably sold at the three-bagger stage - and no I'm talking about another share not GGP), no withdrawals for funding that "nice thing" whether it is a car, holiday, paying off the credit card or sticking a wodge into your pension.

You periodically read on BBs about people who are seemingly investing / gambling for a short term buck with their house deposit or wedding money - things you really can't afford to lose.

Imagine being unable to do any of that for the best part of 12 months. That's why I say spread the risk. Use accounts with different brokers. This is not just advice for those who may be in danger of hitting the £85,000 compensation limit, this is something everyone should at least consider.

PS. The vast majority of SVS customers shares and money was found all present and correct in accounts separated from SVS' business assets. The cost of checking this for the circa 13,000 individuals who used SVS was I think £12,000 each. That is paid for directly by the FSCS so a fairly painless process there.

If you had any kind of account with SVS you are impacted. If you were execution only it was up to you what to buy. Some may well have bought SVE or anything else for that matter - on another BB, just for the broker getting closed, someone had four of their holdings go bust during the lockout..... unable to trade.

Luckily, having seen (but not being impacted by) the Beaufort debacle (another bust broker), I decided to split my ISAs. trading account and SIPP between multiple different brokers - about half a dozen in total. So SVS being closed meant I couldn't trade with a chunk of my portfolio - rather than being locked out of all of it.

Eggs and baskets folks.... think carefully. Spread the risk or deal with the consequences.

And yes, trying to remember all those logins is a nightmare.... but probably good for the little grey cells.

You'll be needing some Scottish subtitles....

"Fankle" = mess / muddle

SVS - broker - had an advisory and execution only part - the advisory bit were chancers, so the FCA shut them down - by shutting the entire company.

Anyone trading via SVS have therefore been locked out of trading (and accessing any cash they held) since mid 2019. We should be getting transferred to a new broker and able to trade again by mid-July, once all the holdings and cash has been accounted for and agreed with each investor.

Mush, does The Stag have a basement?
You might be more comfortable down there in the dark?
I'll be getting acquainted with the pork scratchings by the bar..., Unless they have a full desert menu I could get to know?

Nocturnal picture is being gathered as I type.... Likely to be uploaded by very late tonight or tomorrow. I never worked out the time delay on how long it takes them to update the Sentinel Hub website.