Member Info for sw10000

I'm also in there, think you are a bit optimistic with 60p, 25p will be good if it's all real. Done my research and the potential looks great.

Still hope you are right on both the 60p and Metro coming good at £10 ;o)

At this rate, I will be happy if we get back to £3.20 ;o)

That's my worry here, it could be due to a potential take over which we hope it is.

The alternative is even they think it's a steaming pile...

I don't want another SXX on my hands,

Wow, that's some serious investing.

Fair play to you that you can carry and keep heart with losses like that, good about on Aston. I always seem to get that one at the wrong time. Obviously the new SUV is helping.

Fingers crossed to a positive day with Metro for all onboard, also hope eua continues it march.

Likewise, I'm in both.

Metro is a tough slug, this looks to have promise but I'm also being cautious being burnt on Metro, I know they are different beast. Had a chance to get here at around 1.7p but I was having a wobble due to losses and held back. Got in at around 2.6p in the end a few days back

200,000.... Let me just pick my jaw back up, makes my losses seem trivial.

Fair play on you for carrying on

I'm fairly new to do but this share has made me realise that I have been lucky and got overconfident thus increasing my risk. Initially I was happy to take small gains and sell then I got greedy with the talk of multi baggers.

Still a humbling experience and may well come good for us yet.

Tonight I'm going to go back and redo my research again on this and take an informed decision on whether it is good or I'm convincing myself it is.

If nothing else , I've learnt a lot from owning this share about shorts, mm's etc and the different personas in play.

Same as, all my other shares have been coming good.

SAGA Has been a great investment as I got in at the 35p level and seems quite stable and slowly climbing, I'm tempted to lump some of my metro in there, also have some holdings in CYBG that appears to be recovering , EUA is also being good at the moment but debating if I stick with it or take the gains.

All the talk of buys coming etc, no director buys does that mean a deal coming or wishful thinking, still trying to determine myself.

Ultimately it comes down to FCA report and Q4 on this one I think with my limited knowledge.

Fingers crossed for a positive end to the day

You need to seek advice , I'm down but I accept I took the risk and it's clearly stated you may get less then you put in.

Metro is a prime example of such risk in my view, I still believe it will come good but have also accepted the money may be gone.

The question you need to ask yourself is are you willing to accept this may drop further? If not, you may have your answer. It may also come back in the next 12 months and reward you.

If all the legitimate PIs start to dry up as everyone gets wind of how this is being manipulated, then what?

Do they just keep having little battles amongst themselves with Algos?

The more I read about shorting, I'm not sure how this can be legal. The way I look at this is, a distressed company who's trying to get back on their feet getting manipulated by algos in the hope of further accelerating their woes in the hope of bankruptcy to make some profit.

How can this be good for the economy? P.s. appreciate this is legal so it is what it is, just struggling to see a legitimate reason for this to be legal. Maybe a conversation in itself and not one for this forum

I'm comfortable with it all at the moment, little frustrated but aren't we all?

Having seen this plummet to 156 and survived that I'm okay with this providing no more bad news release, take over was always a rumour .

Q3 results were decent , q4 will be the test

Apologies, mis-read your question. Think I saw something in the October update someone posted on here.

I believe they have submitted from something I read in one of the updates, not sure how long approval takes roughly.

The other important part is how long it takes from approval to be operational and mining.

Agreed, you also need agreement from customers that they want to be a reference, some organisations get very upset when you use our them on their website without permission, I've personally seen this on several occasions where IT companies have out customers in their website, quite stern legal letters follow. It may also be sensitive information in the market.

Thanks for confirmation on other people who have done DD. Having worked in the IT security space for vendors that have been acquired on more then equation, people don't waste their time unless there is an interest.

Hopefully, I can have the same luck here ;0)

I read in one of the reports about a South African platinum company that carried out due diligence, any chance they could be in the frame to buy?

Thanks,

Anyone know how far they are off on production of the 1.8moz?

Also, how long will it take to approve the flanks. From reading the annual statement it appears they are in a good place to have this approved.

How having read all the annual statements and updates, it does look very good hence I'm wondering if I've missed something?

Thanks for posting this, I found this really helpful and makes me further believe this is a good investment. Now up to 570k shares as of Friday.

Could someone help with the following from the annual statement and updates:?

When can we expect Monchetundra to be producing? I noted prep work was taking place.

How likely is it for the flanks to be approved and roughly how long given paperwork submission? I note that the operator of the existing license is given priority on their flanks.

They stated they are now operating the mines themselves so able to recognise 100% of revenues as opposed to 35% any challenges?

How accurate is surveying typically? They note 1.8 moz at Monchetundra? At today price of 1,536 for Pallidum that's close to $3 billion.

Am I missing anything here? This seems too good to be true?