Member Info for StrummerJones

Thanks Ramon.

Yeah, I suspected as much (regarding election favourites).

I hope your 50:50 pre that event is a fair punt. As at the moment with the election looming, and the sabre rattling and apathetic attendances. I can't help but feel that aside from those with a direct vested local interest, the others have bigger fish to fry....

Oh well. I guess if you believe there is hope here then the SP is another buying opportunity.

I did take a few more on Friday, though LSE packed up recording trades about 2.30 PM, and so they never showed it seemed.

Good luck to you Sir.

If the ratification is now, as seems likely, sadly not coming pre the December elections. Whom of the NPP or NDC is currently expected to win does anyone know?

Looking at the last results, clearly that was a very close run thing. But now is there a clear favourite?

Further then, is it too simplistic to say that an NPP government will more likely ratify post election. But an NDC one will "Put Ghana first".... Into which which I read, likely renegotiate for more from the deal, and so further delay things.

Even with the lethargy in parliament, strikes me that for sure the local potential mine MP will be looking to secure his re-election and save jobs etc (one would hope anyway), so should be onside with getting this done. But the rest will only use the issue as and when it suits them politically, getting credit one way or the other as they assess how it may affect heir own electoral profit... Many politicians the world over act in their interest not the ones they represent sadly, & as we all know.

I hope I am wrong. But seems like the ratification is at the mercy of self interest of a bunch of more or less part time legislators, but was just interested in any views on which way the election upcoming is thought to go.

Cheers.

One hopes that the frustrating ratification is soon done, hopefully in the recalled Sept sessions.

I would expect the board that has just voted this added remuneration to themselves would be working as hard as they can behind the scenes to gather their parliamentary support to get it done.

But (mostly!) tongue in cheek... Perhaps, (and given the reputation of the locale, and with some justification, the evidence to date).... Perhaps rather than further rewarding the existing company seniors via non published targets.... Maybe they should be allocating these options to the MP's whose votes they need, to get the lazy so and so's into work just occasionally!..

It's a thought...

;-)

Tbh. This share at the moment reminds me of the classic Gang Of Four song above....

The appropriate line being:

"Aim for Politicians Fair. Who'll treat your vote hope well... Last thing they'll ever do, Act in your interest!"...

This mess is a political football. The government unable (or unwilling) to Whip thier MPs to get into the parliament, to do what the people needs. The Opposition trying to make out the deal isn't good enough, simply for thier own political capital running up to an election...

All holders know it's a risky locale. But this present isn't about the infrastructure , and labour issues yet to come. That's still to come. This is just about a seemingly indifferent & self centred set of lazy political types who won't (as yet), work for the common people's good.

Nevermind the company or it's share holders like us.

Get it done. For thier own people's sake for crying out loud...

Sorry but it hacks me off, and yes the company CEO has been over optimistic, but it's not him not turning up to his day job like the empty legislative benches is it?

Sorry, been stung by a few companies with dodgy chairman recently, but this one is not getting a chance to screw things up presently....

Apologies for the slight rant. Will go back to sleep for a few months.

Cheers.

@cyf.

IMO, what may shift this is Offtake, and mostly Ratification of the deal from Parliament.

The latter is what everyone waits for particularly. Until that lands people can pump it as much as they like. But it won't move much.

Cheers.

Hi Wasa.

Still invested here for me sins...

The AIM market has been both good and very bad to me. You are quite right. GGP 1.6p to 38. RMM to nothing. HZM almost the same. But got out with something, but still big loss.

I read bbs less now tbh, as seems to attract more and more unsavoury types that like to poke and prod. Like our new friend today. The likes of Amtech I can just about see his traders frustration. He's a repetitive whinger yep. But I think harmlessish. But the other guy today. Much more nasty all round, and clearly got his agenda.

My honest view here. After about 3 years invested. I would like to have seen a bit of material progress on the reason I invested. The Graphite. Before looking elsewhere tbh. But understand that issues outside MB control have caused the snails place (both locale and now macro).

But then again he's been roundly criticised for "doing nothing", and now for doing "something". Can't win.

Let's see how it pans out. But no intention of giving Oxygen after this post touching base to the new "Terry Rolluplates", as I call them. So yeah Mr T. Roll.....a new moniker like that seems very appropriate from the history others relate.

They just love the attention, and my life's too short now to indulge their perverse pleasures frankly by engaging. If winding people up is how they get the kicks. They can talk to themselves, I ain't providing them Oxygen....

Regards.

Somebody/bodies firing off Sell clips of multiple thousand pounds today.

Accepting a price in the 18s, you have to wonder what they bought at. Or are they just bored, or a destressed seller in desperate need of funds...Or, is there some bad smell leaking that isn't yet apparent.

Personally therefore, and like many others. I want this Ratification and pronto.

I have averaged down along the way, but am personally now holding fire on more buying (despite the good case here), until that parliament puts pen to paper ...

Cheers.

Hi Mate.

There is no sentiment in the sector presently clearly. Like many I built a position here some time ago. But don't keep up as much now tbh, though am still

prepared to wait for that enthusiasm to return. Which, the macro notwithstanding it eventually will I am hopeful.

But tbh try not to fret on it day to day. As no point, and its not good for the health (or wealth!) presently. So catch up on the boards, but don't post much.

One lesson though to me, that the two you mentioned does IMHO give one focus.... Even if the resource looks strong, the messages from the board positive.... The published progress to plan going pretty well ....

The consequences of decent technical progress is always at dire risk if poor financial controls are in place ..... I know obvious, but needs re asserting. As both RMM and HZM (assuming no nefarious intent...) Horribly & recently both re- illustrated.

Bitter examples in both the two you mention. So if/when other projects take off, & in better times. That CFO area has to be filled with a top guy, or one brought in PDQ! That is an area to really look at strikes me. AIM stocks don't seem over endowed in that area do they. To put it mildly ...

Anyhow, till anything to discuss though. Back to a waiting game here though as you imply, and in the meantime leave the floor to the day traders, who will always be looking to talk it up / down as appropriate to Thier book to make a short term crust.

Cheers.

@swest.

As per the other day. Not sure I would call it manipulation. But it's quite feasible for a large "buyer" interested in increasing their position (!?). To approach MMs and say I am prepared to buy all I can get off you at X.

If the MMs try and pitch the Bid accordingly and can pick up sellers to fit ... Be it bored PIs or a. n. other large holder looking to exit at that minimum price ......

They everyone's happy.... Well those 3 parties are...

No one on this BB knows if that's what's happening. But as postulated the other day. There was regular selling of 8k plus share clips. Today slightly larger similarly, and again the price holds stable in the 20 range ....

I think that things will be a lot clearer as soon as the ratification gets done. That's what all investors here want to see sorted.

.... Still missing out here?

Someone very fond of dumping 8005 odd shares repetitively... Been going on all day.

Interestingly the price still holding steady despite this at 20... Not a conspiracy theorist. But seems almost being held at that point, for some reason or other.....

If talk of a 40p offer is anything like realistic. It surprises me a bit that there is no upward pressure (quite the reverse recently) with traders buying in at these lows, as per their usual FOMO on 100% uplift etc?

AIM is leaky, but no sign of traders taking the plunge as yet, so maybe it's still all about ratification then. Get that done would really help confidence IMO.

Just as a follow up to my post below, and as it may help others that have similarly suffered here in some small way ....

It's taken some months to come back. But the HMRC CGT duty have now agreed the concept outlined below.

E.G. that the RMM shares that I held in a share dealing account (NOT the ones from an ISA moved lately there by my broker). Are qualifying for negligible value due to the Rambler wind up and Canadian sell off (nil coming back basically). That further, the sum total of purchases made including any fees. Can then be claimed and offset (as a capital loss), against any future or current tax year capital gains.

Small beer agree. But with CGT limits being progressively cut. One may at least use the loss here to bolster gains elsewhere without being taxed. Assuming the general malaise that is AIM ever rights itself and we start making any monies.

HTH.

Plenty of stock available here after those in the know ditched plenty last few days.

MMs prepared to dish them out from about 23.3p

Mildly annoyed fo buying two trances in the 24/25s yesterday. But added more in these low 23s.

AIM is naughty for these leaks to some. But it's the wild west as we know ....

Hoping for progress up from this new base tbh. But that parliament sign off is key of course.

Explains the dumping last few days, including today.... £20k sell here £8k there etc.

AIM is like a sieve on this type of info.... As we know.

Nonetheless, a nice buying opp. I took another 50k today. Again. A gamble. But if that ratification gets done... Then a 28p odd AVG will likely work for me. So gradually adding.

Till then.... It will remain volatile of couse. But there has to be a good entry, or AVG down hereabouts.

Cheers.

I liked the resource, and especially the company energy. So bought a few of these as it dropped some months back. A little surprised that the positive news has it hamstrung in this range.

Though I assume the (still), deal parliament ratification outstanding, plus the recent internal disent by some internally to the agreement is holding sway. For now.

It's a risk still for sure. But at this price. Very tempted, & despite those dumping today. To add and average down a bit....

Cheers.

@funds.

Sadly, & as Defrost Kelley used to so memorably say....

"This man is dead Jim"....

As posted some months back. At least donuse the defunct shares in your SD accounts to claim:

A) the negligible value.

B) that this is a full capital loss, to then offset V any future gains.

Write to the HMRC CG discipline now to claim that. I have.

The only caveat is that you may find shares in your SD Acc, that originated bought in your ISA. Your broker moved them there when RMM delisted, as it's illegal to hold them there in that situation tba.

But as they were bought in the ISA wrapper. Nothing can be claimed on them by precedent sadly.

HTH.

@sas

Thank you Sir. Interesting options, will take a look.

As in my posts on here. Happy to buy back into this one if it retraces. But for now it seems on a nice run up. So will see how that pans out.

I have given up reading HZM BB for example. As since the revaluations and huge drop. It's now frequented by stark opportunists, floaters, or LTH in denial IMO.

So thought I would go back for now to looking at more solid, if less dynamic shares. Sounds like you had similar thoughts...

Regards.

Thank you to all who contributed on that thread.

I appreciate the diverse views. As some sensible commentator worked out. A 6% profit on a FTSE share in a couple of weeks isn't to be sniffed at indeed. But....

My thoughts are that this was oscillating during my observance, so worth the punt. It may, may have broken out now agree. So my original stake recovered, plus the £2.6k made. I may need to place elsewhere. Fully accepted. Though as nowt goes up in a straight line .....

Let's see. I will probably hold the funds (for now) for a few weeks in case of a retrace. As I do like this relatively safe port, in amongst my other far more 'hairy' AIM storms....

But in the mean time will research other decent divi shares in case the bull run of the last few days proves more than said up then down.

Good luck to those holding. I hope that it continues for you. Genuinely.

Cheers.

I have vaguely watched this share for many years, off and on. Noting the relative stability of the company, good divi payouts etc etc. it's been a boring, but steady paying one it seemed to me.

A few weeks ago, & seeing some low price weakness. I bought a small amount at an average of 2.207, & with them the divi potential of about £4k odd if it runs to 20p per share payout next year etc.

Then (not so unexpectedly, on the recent patterns). Saw it drop to 2.08. But as hoped then fairly quickly rebound to 2.30 odd.

At 2.336 I decided to test the pattern theory, and with £2.6k profit in the bag in a few weeks sold up. My plan was to await the usual pullback and then rebuy. Adding a few hundred more of these in the likely now late 2.20s - & as the divi is still many months away, so time to build more...

However, it's subbonly now up in the 2.36s, and for now going up not back down if anything....

So I seem to have misjudged it, for now at least..?

I am interested in the thoughts of those more versed in the detail of the way this usually works. Is the above strategy rubbish basically, and the dips back a false situation. Or is history likely to repeat again, and I will be able to buy back my initial load, and a few more as well via the banked profit, &: well before ex-divi time do you surmise?

Not much I can do now tbh. Either it pulls back and my strategy works. Or from here it runs on up, and I have to accept that, and look elsewhere.

But the old lags here will probably be able to sniff the wind, and let me know if my money will come back in here, or if I should now look to build elsewhere !?

Any educated thoughts gratefully accepted.

Cheers.

All LTH, and newer investors would appreciate progress. No argument. But beware those seeing the recent uplift and looking to talk down to trade.....

@Game" by his own words.... On A N. Other share, LSE comment on Oct 12.... Price then 61.6p.....

"I can see this recovering back to 75-80p in the next few days but then again it could drop further. I've brought another chunk today at 61p. If it drops more then I'll buy some more"

Only a day later.... SP at 63.3p...

"That chunk I brought yesterday was actually £10k worth and I've managed to make a few hundred on that. The plan was to day trade and not be greedy"....

Nothing wrong with day trading. But don't pretend it's anything else.... I think that shows the motives here tbf...