Member Info for swest42

Seems to be the place to be atm.
Example PAT (I'm not in it) spiked large this week on the back of progress in West Africa. Many positive current indicators. Feels positive. GL

Chad is vast. Trouble is vast = expensive. My view is we unwrap Chad when we have 15m plus in the coffers not the current 5. Just my current view and I don't entrench, as the landscape and news evolves nothing is off the table. GL

FWIW I've changed my mind on MAB. I think the bad news is priced in. They're still operating in Hampshire where I live, I believe they have the firepower to survive, which means when the virus eases it will rise. So it's a Buy and hold. Caveat no good if you need access to your funds short term. GLA

Seconded

Excuse my ignorance, I am interested in any possible reasons for the inexplicable malaise in our SP, what is C/R and T/H

Exactly, say it load. Either Li rises dramatically, or EVs don't get built. The automotives are commiting to wild production levels and they have simply not nailed the supply chains down. Some entity in some form, be it Musk or another will want to nail down any available secure supply. Ghana is 100% a known target. When not if.

I similarly follow that Li feedstock situation.
I just cant see what's holding us back whilst many others are now on their way as commods backdrop is looking good. I can only only conclude sit tight, its inconceivable imo that we dont rise. Gold and Li are hot and rising respectively. I think getting that 14.5M Li Jorc increased might help. I'm afraid IRR is the laggard in my ISA while others like HZM are stars. But I still believe it will come soon here, I believe in the assets.

Nice to see the stablemate on the move again. Some reflected glory does us no harm in terms of raising our profile imo. That solg board too brutal for sw, but do enjoy seeing you slogging it out on there earthling! GLA

Been in and out over the years. Sorry to say, and I am sorry, it's going down imo.
Will look at getting back in around 75p. Significant risks to factor in now. Can't see how it's at 140 still tbh. I think the govt may step back in, but its a sticking plaster.

Not for the first time how does one explain a 6% drop on virtually no significant trades

Kind of irrelevant to the big picture which is the continued Zaranou drilling. GL

Decided to take maiden few tomorrow, maiden buy placed. As is my way, I will look to build a position on the dips and by regularly reviewing where we're at with news, lets see where it goes. Commodity macros favourable ATM, it's a wider factor in my thinking. Feels bullish out there imo, anyway time will tell bring it on. GL

With the current gold backdrop widely in evidence, Bloomberg comments being one of very very many with similar view, we wont get a better chance imo.
The time is now, and our accelerated drilling to me says the BOD know it.

Haha tell me about it, I think my current account pays about 0.01%, laughable. I only use it for day to day stuff and keep the balance low, daylight robbery yet those bank ads 'we're here for you'. Total BS

Quick 2 penneth.
I'm sitting a touch over 100% up here. Sliced a small few at 8.5
Point of my post, I'm exceptionally content here, wouldn't dream of exiting, often at this stage I'd be off with a 1 bag. Those wider Ni macros, they're great, no need or desire to ramp, research the outlook / fundamentals for yourselves. GL

PS that's in relation to ur comments on privilege luck and position couple of posts back

Wb
Your comments spoken like a person who knows. I'm a long time in the industry now, matters not who with but big names, I've reached the same conclusion.

Banks aren't playing ball atm and I think that's one of the root problems. When, not if, that changes,normal service will resume.
Been in and out over the years and TW been good to me, about to reenter here and target out at 150 with patience. GLA

I recommended this post because I believe it to be true.
I would just add a footnote. The macros are good at present, but ARS has been kicking this around a long time. Something meaningful needs to happen this time. If it doesn't, in the current positive Cu macroenvirnment (China demand), I think there is some doubt it will happen. We have deal and macros in the crosshares, need to take the shot and make it count, these opps can be fleeting. Just opinion.

Exceedingly bullish on copper. Not sure what's going on in China but speculative upside for those with leverage I.e large asset. They're taking everything. Confess I'm quizzical because of virus. But it's very bullish. GL

Also enjoyed the post. Would just add that people must keep researching the macros, keep abreast of world demand, inventory levels, pipeline of quality mines. Then take an informed view with some conviction, less nerves than just reading a few deramps on here and panic selling. Outlook is good here, albeit I do toplice regularly, put another way I 'smell the Rose's along the way'. It is AIM never forget. ATB