Member Info for StrummerJones

You know what Oil.

I rarely post on this BB now. Mainly as my investment timescale is into the end of 2022. So personally I am giving the share that time, and then will review the progress and to hold or sell etc.

Why?

Simply as I have built my position based on a belief that the underlying assets, and the technical advances planned should, hopefully, mid term create a company of far higher mcap than anything we see now. Simple as...

There are others here who post daily. But choose to change the emphasis as they see fit, & to best suit their situation, as we all know... & That's up to them...

But those in two minds simply need to CHECK THE POST HISTORY of such types... And just note the flip flop as their agenda changes.... It's pretty blatant frankly!

Anyhow, What's my personal view short term..... I think it's going to be volatile. This share is at best of times anyhow. But with the current covid situation, economy etc. It doesn't need pointing out it will be up and down. But investing is about more than reading the weather forecast by looking out of the window for Pete's sake !

Dear oh dear, really ...Some on here would have you believe only RMM and not the whole market fell on the medical news end of last week.... It's pretty desperate stuff from people who when long only a little while ago were talking it right up.... Just check their history if you are new.

BB posters like that rely on getting in the minds of weaker investors. People just need to be aware that they are NOT peddling a line one way or the other as a kindness. They want the price one way or the other to facilitate their re(entry), or re(exit). Again... Simple as...

Newbies beware...

Cheers.

I think that there are still at least 3 individuals who use this BB to promote which ever view suits their current situation. Short or Long.

They will obfuscate, alternating the narrative depending on which SP movement works best for them, rinse and repeat.

I would advise people to ignore their agenda driven BS from these types. Invest in the share, the resource and its mid to long term prospects. Come back end of Q3 next year and assess your investment.

That's what I will do. If you don't like the share now by all means sell up.

But don't do it based on some very shady characters who aim to make money via influencing others to their dubious agendas.

Cheers

Assume typo Wasa. Early 2023 for mining best case?

Cheers Wasa.

Will bear that in mind. At the moment here only testing the water in smallish amounts, but may add further so worth being aware of the liquidity issues. But it's good to know that this individual is also giving people a chance to get in. I invest as you know. So if he is gone by New Year, and the BOD here externalise some good news will likely set a review date for this time next year and see where we area?Hoping to see this pick up sure, but can wait. We all waited, and continue to on our Ni play.....

Cheers.

Cheers Bwana.

Like you I think. See HZM still as a hold and let's see. But for me the deal didn't rock my boat much. No real loyalty to LTHs. But it's all business and I added a little there on the pull back. But that's it with HZM. Bottom drawed now my 11 Mill and come back in a year or two and see if JM there can deliver a better mine setup than fin deal ...

Adding to a number of existing holdd. But just exploring a few new others, this is one.

Sounds like if the sellers nearly out then maybe anything under 5p may be a fair shout then?

Regards.

Hi.

I have been recently adding a few new positions to my PF with some newly arrived funds. I added 200k shares here a week or so back. Then another 650k last week also. I am only still gradually dipping toe in to a few areas. But having discussed this one with a few BB posters on another common share (HZM). Did a bit more reading round and see it as a decent potential investment for a few quid.

I have been accumulating under 5p against this persistent seller it seems. My question for longer term holders if I may:

Is there any gauge on how many this individual had, and therefore how many they have left to clear please?

Interestingly when I added further last week. I got tranches of 250k, then 150k, then 100k Ok. But the last 150k kept NTing. So despite the seller, liquidity on the bid, even at sub 5p wasn't great.... I guess maybe a few others have been eating them up perhaps. Though the SP is going down still a little suprisingly if that's true?

Anyhow. I may add further, so just wondered how long people perceived this sell off to be going on for, and thus the current window?

Cheers.

Nice post Picked as well....

I can't see whose stirring. As they are a fat Green Coffin to me. But can guess....

Fyi. 350k of the hovering up of shares around 6.82 p is me today....

As said, I have decent new funds, and as the price here is below the 7p company one thought I would just add a bit and round up my total hold to a square 11 Mill from previous 10.65.

I am in the camp that wasn't too chuffed with the deal as you know. But I am over it. It's been done, and I still regard the assets as worth a little trouble.

As said going to drop down any posting here. As looking at other options as well now. But still support the principle of the share, and probably unlike a few detractors happy to put my money..... and leave it ..... Where me gob is !!!

Cheers.

Emmm.

From the market reaction so far it's not just a few of us who are less than impressed. I know JM has to bend over for the institutions (and has). But that token 7p offer to PIs is in danger of being a bit of a joke. I haven't seen anything on him doing a town hall as yet (?). But knowing how well he projects it maybe needed and soon.

I have no doubt that later on down the line these assets will bring rewards. But for now it just looks like he's badly misjudged the market and its reaction.

Anyhow. As I think Wasa implied. Think it's time to park this. As going round and round on its not going to change anything.

I have a large holding here. Plus new funds. If it tumbles to low or under 6 then may add more on the long term potential. But for now moving on to look at other options.

Good luck and good bye for now.

Hey Lawrence

As we are all aware. There is a split on this BB of both LTH and newer investors. Some on the side that this deal gets it moving. Some on the side that it's not the greatest.

Nonetheless most all of those people, whichever current camp you are in can happily discuss the pros and cons reasonably. The truth is if one is currently happy, or less so. All shades still wants to see HZM progress and make us money.

Then, and like all shares on AIM that go through major news.... We have as predicted attracted those with no skin in the share who wanna tell us it's rubbish or it's great and we have misread it, just for some perverse "entertainment"..... Quite a few names I haven't seen before etc, but :

There are also I note a couple of repeating Green Coffins of mine. Mr S Tropez, and the guy hassling you also... The Contrarian bloke. I unmasked them temporarily to see who they were.

Both I had green boxed some time ago, & have just re Greened them again..

You and I have a slightly differing view on the deal it's clear. But unlike these characters both want to see it go forwards. These guys do not in any shape or form.

Can I suggest you do likewise and reduce them to talking to the green walls of their coffin.

Else they will wind you up all day my friend.

Cheers.

Sad Luke you felt the need to depart.

Good luck with your FTSE trading mate. Maybe a combo of that, and in a couple of years your missis remaining shares here will see you good. Here's hoping...

Cheers

Hi Rover.

This BB clearly split. But your right. We need to look forwards.

Only thing a few of us may say on the "what would you rather have" question you raised though. Is a quiet response of..."a better deal"!!

But anyhow as accepted earlier. We are where we are now.

On a purely practical level. I am not sure how much of the 7p shares us PIs will see anyhow.... Well short of buying them on the open market. Which looks quite doable with the current pull back to the placing number.

E.G. I just did some basic Cal's and it would only take 160 of me I believe. To apply for my full 1:20 entitlement to exhaust the paltry 6 million quid (or 8 million dollars) that this deal has left us to apply for. Now I know that it's possible I hold, for a PI, maybe a little above AVG total shares. But even so.... You get the point.

Doesn't seem that likely that we may even get the amount promised if we all apply, unless I messed up the maths... That's another slap in the face..

Oh we'll. I guess bottom draw it some more.... It's been in there quite a while for a lot of us anyhow .... And hope that the Ni price holds up and that frankly the BOD are better at the build phase than they have been on the finance dealing here.

It's just disappointing to be honest, when so many of us have supported this one through thick n thin. But say, that's life...

I hope Luke who put in so much early morning effort for years gear on interesting Ni stories is in the "I love the deal" camp. Who feel sad if he's on the other side like a bunch of us LTH today....

Cheers.

Agree Wasa.

But it is what it is now, so let's see how it pans out.

Market on AIM is predictable in reaction only in its unpredictability.... But yeah. Not to me ideal even after sleeping on it. But I am not selling regardless of price ossillations in coming days as I like the asset period.

From RNS looks like I may have option to add approx 532,000 shares at the offer price. So I guess a few may Scrabble in and support the price short term to have a similar option....

Gonna be an interesting few days

Cheers

Well the nice thing about this share and BB is that, while we all have various shades of view on the deal, the detail and where short, medium and longer term it leaves our collective investments..

You know what, neatly; we can discuss, moan, eulogise but still all rub along. That's very cool.

On a few of my other investments all F*ckin hell would be let loose by now between posters. Pro or Anti. Would be a blood bath !

Here it's still civil. Of course depending on the SP action tomorrow that may change as the rampers/derampers (delete according to circumstances) may move in....

But for now, and despite the large sums invested by a few of us here. We remain as we should ... Measured.

Good night n let's hope HZM prospers regardless of the differing opinions this evening.

Hi Wasa.

JM has some talking to do IMO.

Yes it's a v complex deal for a small company. But it's been ongoing for many many months. Recently against a real positive backdrop of a super strong Ni price. Proven tier 1 assets thereof.... Plus a strong and supportive PI base.... The likes of you! But dunno. This just reads like a let down to me.

I had a real good feeling after my pre agreed end of Sept review of my holding here. JM delivered big time then to assuage doubters fears.

But despite adding further at a little premium on the back of that recently.... This final trance just leaves me fairly cold.

Be interested how he explains it. JM is a great communicator and has I am 100% sure, & unlike most AIM execs tried his best. But 7.5p and some of the other details against the current backdrop ....

Seriously Wasa. Needs some justification.

Sorry mate, just call it as I see it. No double Ballentines for me later....

Underwhelmed....

This may still work out well mid term....

But tbh. I am less than impressed right now.

Looks like for now the PIs (as ever on AIM) carry the can. Big dilution, and price will drop most likely. Even before the usual traders get teeth in.

I will hold as still big tine believe in the assets, and with the likely SP action over the rest of week may have no choice.

But this wasn't the deal I hoped for....

Tomorrow is another day.....

But today is an anti climax frankly.

Think it's fair to say that everyone invested here. Be it long term or more recently is very keen to see the mix of the much awaited 3rd significant finance detail.

Not only to see how it anchors the SP for now, and the markets reaction to that But also just cos many of us have great curiosity in the mix and emphasise of the prospective partners. Techy firms, and/or Finance ones & in what combo... All keen to get a slice of these couple of large Ni assets over time we trust

I had assumed we would know by now. But not yet. However, seems highly unlikely to me that this will be announced going close into the Christmas period closedown's. So either it's coming in the very next couple of weeks. Or it's going to be delayed until January.

A good deal rather than a fast one. Always do agree. But as any Chess player knows...an end game has to be played eventually. It can't stay in the middle game for ever and ever!

So something interesting is going to give up it's secrets here soon one hopes...

Cheers.

Logged in to look at this BB this morning to see views on the placing, & the price that's fairly inevitably gravitated to it. But really to see if people had views on a timescale for any climbback etc.

Saw 54 odd posts after midnight and assumed some interesting news had landed? But reading through seemed to mainly be a right Barney between the ultra BB defenders and a couple of what looks like newish posters mainly talking it down for whatever reason?

Pretty unedifying amongst adults some of it has to be said, .... But main thing I think is that prospective new (and even existing) investors didn't get much from the to n frow for all that posting effort really. More likely to put people off tbh.

In stark contrast to the BB I first read here 2.5 years ago. When interesting info and considered and dare I saw consensual and reasonable opinions were the norm.

I think bottom line here is you either sense it's going somewhere from here, and that news that's coming will re rate it some time next year. In which case Hold or Buy in, especially if you are an investor as opposed to a trader type.

Or you think it's still over priced. In which case Sell and later re-enter at a better price even than now. Or simply sell some & move on to one of the many other tempting commodity share opportunities out there.

Those are the options personally I am thinking on anyhow. But all this argument stuff is painful to wade through & doesn't help with getting any clearer a picture.

Cheers.

Hi Clever.

If your happy to stomach some big swings on a mid term recovery play then RMM is one I have about a 5:2 stake in HZM to RMM money wise.

It's been a bombed out share. But got 2 strong Cu resources (2%+ Cu odd been recently reported on updates) One producing already. Being and needed industrialising, and hopefully by end of Q1 clearing an old hedge etc. Adding multiple new stopes now, and so on. It's price since
I have been there up n down between 18 and 60p to n frow ... Not for feint hearted. But it's just confirmed finance. Had an uplift to 45p again. But as ever on AIM now getting traded.

I have a review date to look at my 550,000 shares there again in Aug 2022.

By then I will have lost the lot... Or it will be well over a quid I expect ;-)

Oh and unlike a few African adventures that can be at the mercy of the local regimes. Based in Canada. So a decent jurisdiction.

Just one I am in. But as ever not advice or pumping it...need to do your own digging on where it's come from & may be going of course. N when you find out the latter.... Tell me!! :-s

Cheers

Cheers Bwana.

So by that reckoning for now maybe 60% odd still with the small investors. Interesting.

Personally I would vote against a take over round about here & assuming:

A) Finance will land.

B) The price offered is no great multiples of where we are now.

But as mentioned I generally think that most PI investors can be quickly seduced by the promise of a quick buck. Especially on the get rich quick mentality that it AIM...

I also think that there will be a big shift personally of ownership if the price spikes post final finance. Again this market is littered with sell on news types and I am sure the Instos will gobble them up when offered them.

Longer term; stability and good growth. But short term instability is what I expect SP wise. Even on good news.

As you say, sooner off AIM the better.

Regards.

I should know the answer to this. But I don't directly ?

Does anyone know out of the, say, 1700 Million current shares. What is the %age in PI hands compared to the institutions?

Just thinking on any TO, and if us great unwashed would get any say realistically or not. I rather assumed not given the names lined up on the share ownership already & notwithstanding those that will land with the further finance out standing done.

But just curious. For example GGP who I still hold a few in has a BB of LTH who to be fair between all do hold a decent amount of stock. They claim 75% plus in PI hands still, and so they have some real voting power. Am a bit sceptical of that. Given the SP boom and now crash. I suspect an offer there close to the highs of end of 2020 would get through.... But anyhow. Just passing the time waiting for Jezzer here wondering if an offer popped, could it be resisted with any useful help from Joe Public...

Cheers.