Member Info for Tornadotony

Added to my previous CEY long at 98.18 in the trading account.

Looks like ThePublican777 lost a 100k on Rambler. I just pray he never buys anything I own as it is usually the kiss of death.

The much higher gold price will mean the loss on profit is around $1.5M on 100,000 ounces. So Q1 results could knock as little as 2p. The real issue is Q2 results if gold prices retreat as then the pull back could be over 7p if 1800 gold does not hold. The opposite applies in H2.

As expected. Fair value price last year was 94p. At this moment in time, until we get Q1 results fair value is around the 101-105p mark. The key figure to work out is that $171M profit = 94p area. So it all depends on Capex, gold price sold, AISC in the projected range and production volume to get a range on where it may fall.

My initial calculations had value between 101 and 105p. A lot of patience now required to see what happens to gold price.

Triple witching on Friday. We could see a number of odd UT trades this week across a lot of stocks.

I want this to go down so that I can back up the truck and buy loads of HZM. The average for me in the ISA is 115p.

LOAM may have extracted the principle investment out from April 2017 or the best part of it. What they have in is all their profits and the average entry on those is probably around the 24p mark. It makes no sense to add in just under that mark if the intention is to pull out.

The history of LOAM trading reveals they were caught out June 2019 like most holders at that time. They went up to 27% ownership on an average down. They have a high success rate on trading Nanoco, but are not precise on tops or bottoms or they can not be evaluated on TR1's. If we get another decent buy of say 13.1% to 14.6% holding for an example, then a significant move higher in stock price could be less than 2 to 4 months away. If they go back to 20% its an odds on favourite we have a big development in play with a 100% SP move from a low in the SP. Of course this is backward looking, but it may rhyme with the future.

Its a nightmare trading day where crazy moves can happen. Best not to trade at all.

Second time caught out and missing a better rise. Did not see that one coming.

Head and shoulders pattern in play. Neckline is at 24.7p.

Bagged profits at average 26.19.

Silver in retreat and some bank stock recovering. Looks like the fire is out on what gave the metals a good rally unless we get a rekindling somewhere else to set it off again.

Silver has just hit resistance since the close. If we get heavy buying of silver overnight then its a case of the FED getting a call like in Apollo 13, Houston we have a problem. Otherwise this metals rally can peter out on falling momentum. At some point the real rally will happen and what we have here is the aperitif. It is when they can no longer play around with manipulated job numbers in USA things heat up. Real job losses usually lead to lower USD and higher metal prices. They can not hide it, as the jobless in some States start living under bridges in large numbers. It gets very visible.

Only running with the 97p long entry position. Rest took off on profits from higher entries. High volume moves of yesterday not following through today. The key to watch is USD which has sat on support most of the day.

I wonder of LOAM know of entities looking for an acquisition.
Check list
1. No debts.
2. Cash in bank.
3. Cash flow balance sheet heading positive.
4. Future capacity to generate income.
5. Ability to pay future dividend in future years of some kind.
6. Purchaser can add value making the proposition attractive (By delivering consistency as Nanoco may provide what they need to either other investments or to a subsidiary or company elsewhere they own).

Shanta is doing just fine. 3 month graph correlates well with AAZ that has a two new mines coming in for autumn 2023 and another in 2024. The annual graph and year to date on Shanta compared to Centamin and AAZ is an out performer and it has certainly outperformed a number of other juniors. Things have not been as dynamic for the miners as in the previous rally to January. perhaps it is an equities in general pattern. The last time BoA was hammered down like it was in share price gold hit a peak in 2020.

The Minister has said all projects to be approved during Q2. It does mean HOC can reassure staff and continue as normal. The problem is no advanced drilling for the mine plan in H2. So the reliability of forecasting for the year has guesswork error in it. I would encourage the company to publish a ranged target and the market gives them credit for doing it.

Thanks for posting Dark Knight.

SP

I totally agree. So come on George lets have that job done or at least the paperwork has gone in. I know the NdPr price has dropped a lot in Shanghai and RBW follows the price as a takeover valuation metric Hopefully it all picks up soon. Tony

Peter Pham has 250,000 shares and I hope is keeping RBW in the picture with folk at the Whitehouse.

Very important to get permits approved.
Averaged down 0.6p today so the original entry looks more intelligent. Wish this could hold low teens.