Member Info for TrekMadone

To answer- no.

But their new mo excludes these metals.

So do they want an exit?

If so sell the stock to another big player - most likely imo

Or drip the stock into the market and self destruct as they sell…mmm. Unlikely!

I think we will either see a sale to another big player…. Happy days!

Or

RIO making an exception for a tier 1 resource in a mining friendly juro with a world bank guarantor…. Happy days!

So whatever the sp now… happy days ahead!

It just doesn’t fell like that for now though.

But if it helps I have been here before and am nibbling below 40p… but then realistically you should just feed what I say into your mixer!

GL

Usual caveats

Trek

Well my post 16th Jan here may just be about right…

“ I rate this a buy now. Holding 50p close imo when it happens will confirm that “

I am blue here at last - been hard work trading down grabbing nibbles here and there. I have, however, in tandem also doubled my position. Thankfully near the basement!

I can now exit at pf equal weight and in profit if I wish but I see this recovery albeit sluggish continuing.

I may sell my trading cover here but I really like the yield! Will see how it goes thankfully this is now covered by trades elsewhere - so why turn down +16% yield! That would be a good annual return!

And if things do change and the divi is cut then the nav gap will likely close so imo it was a no brainer investment below 50p!

I am not ramping the stock - it’s been a basket case! It’s just that I saw an opportunity and likewise do so from here.

Usual caveats

Trek

Just to share - on a falling sp many times now I have either sold a % and bought cheaper. Then sold again on a bounce and recycled. And/or added new money at a lower level and again taken it out on any bounce.

It does over time enable you to bank cash and/or collect more shares.

An example is on DEC I had 50000 shares. Sold them all and bought back 20% cheaper. I had the same number of shares and cash!

Obviously you run the risk of missing the bounce and that was an extreme and fortuitous example. Hence I only do it with a % now as opposed to 100%.

It’s especially useful on Investment Trust / aim where there is no tax to pay and if you have a cheap trading account.

I managed to exit here with £77 loss but bagged both dividends.

you can see your trades in you trade history and set prices

And I only do it with a stock I don’t mind holding like income stocks. - so if you get caught you still have a cushion of income.

So you could sell those few shares you bought when in profit and then put it back in if the sp drops or just before when you think it’s going to rise.

Rinse and repeat. See how you get on!

Usual caveats

Trek

Follow POG down quickly but not as much on the way up!

That’s just a result of where we are on the curve.

For now buy 3’s and sell 4’s has yet again proven to be a winner. But I didn’t think it would do it again!

It’ll change soon!

Usual caveats

Trek

I have had crap service from ii over many examples from discontinuation of trading in several stocks I already hold to them messing up the trading on the CSN rights issue. The also never announced cut off dates on COIN placing meaning I missed a chance by 5 mins even though I had the funds cleared over two hours before. It was their self imposed deadline which was unpublished!

Their written replies have mostly been poor and incomplete meaning one has to ask the same questions again.

Their contract basically says they can do as they like!

I asked them about ARV and after a period of time the reply was - see the announced corporate action which would answer the questions. As usual it didn’t!

I wanted to know if the stock could be held 1 for 1 in my ISA or did it have to be sold (worried about spread) and rebought in another account etc.

They have indeed now replied saying that they can be held in the ISA on a 1 for 1 basis. But the trading fees are higher and sent a link. This could have been done before!

It’s also only just recently that you can reply on the same query thread. Beforehand you had to do a new one for every interaction.

This time with ARV ii have at least done better than many other platforms, beforehand they have fallen well short.

If you want to hold basic blue chips, trusts etc it’s fine but if you wish for more than that like trading more US shares or other markets, taking part in placings etc IG are better. Ii only list a few common US shares and their customer service isn’t all it’s cracked up to be when you step outside of ‘mainstream’.

Usual caveats

Trek

Hi MTS,

If you have a hot line - add on about the significant absence of TR1’s - a regulatory disclosure meant for transparency to help investors!

Cheers

Trek

Not sure if this has been -Ostend or indeed if it’s BS!

https://trinidadexpress.com/business/local/touchstone-ceo-sees-opportunity-in-venezuela/article_4b4f2e99-59f9-4360-b17c-fb97a21a70c6.html

President and the chief executive officer of Canada-based oil and gas company Touchstone Exploration Paul Baay says despite geopolitical tensions involving Venezuela, there remains significant opportunities there.

Trek

Not sure if this will come off but - I sold a majority with a view to rebuying at a great discount in the retail offer.

If it’s scalled back I will wait again and add more on any market weakness.

GL

Trek

Saw it here

https://www.gov.uk/government/consultations/renewables-obligation-ro-scheme-indexation-changes/outcome/renewables-obligation-ro-scheme-indexation-changes-government-response-html#next-steps%23

Now blue here and at UKW. Just a fraction under at TRIG.

Expect more volume once more RNS’s follow

Trek

I bought NESF, TRIG & UKW just as saw announcement… RNS’s will follow and it may not even go through in April. But market yet to catch up.

All trades in profit!

Trek

Govt going to purse option 1….

“ To conclude, the UK government and devolved governments intends to pursue Option 1, which it considers a necessary and proportionate change. The UK government and devolved governments acknowledge that Option 1 – switching to CPI indexation – carries some risk to investor confidence, particularly where financing models and contractual obligations are linked to the RPI. While we note that revenues for some generators may reduce in the near term, change is expected to be modest relative to the wider benefits.”

Fill ya boots with high yield renewables!

I am!

Trek

Does anyone know if the piston coring will give visual indications of hydrocarbons. Like mining may reveal visible gold, but it’s not tested and indeed could be fools gold!

An indication of HC’s may not be published to the market as would need the geochemical analysis but it could manifest in a sp reaction?

TIA

Trek

It’s a poor price. Pretty weak imo. The BoD should have pushed for a much higher share price.

Trek

All the best (future Well funding along the same terms.........? :)

Absolutely let’s hope so. The market likes it when minnows share/JV because it seriously mitigates financial risk, operational risk (although we are operator) and dilution risk.

It’s viewed as walking before we run!

Once we have got a few under our belt then is the time to add more wells and perhaps give away less.

Usual caveats

Trek

Just watched the vid and it does explain the finance split clearly - the RNS is worded very poorly.

I note at 10mins in Nick indicates that they brought forward the funding rather than waiting for the AIM listing…. ‘To make a splash’

Does that now mean the listing won’t be accompanied by funding.

We know for sure though if there is some funding it will be 825k less which is considerable!

Really good time to be in now with Feb approaching and another well being drilled!

Usual caveats

Trek

They may be being transferred but there is no lock in terms. So why wouldn’t they sell at least a percent to mitigate their pf risk.

The hope is because of better things to come. That’s what attracts high risk investors to PXC.

Then the bod go and put their foot in another pile of sht!

You really couldn’t make it up!

The life of a PXC PI 🙀🫣

Usual caveats

Trek

Thanks Bod and RKB,

Common sense said my interpretation was incorrect albeit it reads that way. Just wish they would set these important statements out clearer.

A simple table with the breakdown totalling 100% at the bottom is all it needs.

Clarity is paramount with microcaps, especially finance wise to entice new investors!

Trek

Well done with no warrants and a 3p placing which is only a small discount, 11.1%, especially compared to the horrendous 40% that we can see for microcaps!

And this is for a production well - which makes it cheap and quickly accretive!

But what I don’t understand is this…

“ in return for which M3 Helium will earn a processing fee equal to 20% of gross production from the Twin Well.”

So the majority of the placing 700k is for the well and the investors put in 125k and we only get 20% of production?

Surely that’s an incorrect interpretation on my part?

Usual caveats

Trek

So perhaps this is why they couldn’t fill out a TR1 when 10% of the company changed hands.

They weren’t sure of the number….!!

“ The Company is now in discussions with Riverfort to determine whether there is a further financial obligation for the Company, pursuant to the terms of the Facility.…”

Um Riverfort do we owe you anymore money! Yep oh… more CLN’s!… unbelievable!

Trek

Just to say Nat Gas prices up 28% today!

Now that should remind the govt of the stability of renewables!

Trek