Member Info for TrekMadone

Grabbed 10k at 50.78p. The price on google was 52p at the time.

The low volumes is having a terrible impact on the SP or an opportunity depending where you are at.

I hold on to the statement that the mine is on track and funded.

Value should eventually out especially if this virus is ‘mild’!

Usual caveats

Trek

Well in these horrendous markets logic says that this has put a significant floor under TXP’s SP from which to build from.

With inflation and now rates on the rise the market is only pricing in defensive inflation beating safe juro income plays.

Had it not been for this news then sub 100p looked to be emerging. We now are able to monetise from the flow tests and have a significant productive asset with more upside to come and importantly NO need for further leverage!

Merry Christmas all and......phew!

Usual caveats

Trek

Not a cross ramp. I couldn’t care less but investors may wish to check out ONC’s RNS today. I mentioned before how ONC led me to HEMO by researching the ‘CART technologies’.

You may find their news today of interest.

Usual caveats

Trek

These are significant contracts not just in expansive revenue terms, more so that the ImmunoINSIGHTS platform continues to excel as the go to technology for identifying the most suitable ‘targets’ for therapeutics and clinical trials.

ONC are solidifying ARR’s (annual recurring revenues) and repeat customers from these contracts. We clearly have the science, accuracy and scalability to deliver this need more efficiently than big pharma.

Extending our tech into CAR-T and CAR-NK Cell Therapies with new collaborations is further recognition of ONC as a global leader in the field of autoimmune response diagnostics.

I note this very week HEMO also signed a contract with WuXI ATU in the very same field. They are developing MaBs to target AML cells. They are also using CART ** tech to develop broad spectrum antivirals.

I wouldn’t be surprised if the serotag/immunoINSIGHTS platforms feature in these developments. It is a huge growth area and pharma will pay top dollar for access to our databank as it can save a fortune on candidate matching and save time in clinical trials and therapeutic developments.

What an exciting investment!

Usual caveats

Trek

As intimated in my earlier post look at the insurers down today.

Meanwhile GLO closes above 190 thanks to another UT trade at close.

And we have a safer, higher divi than most plus it’s quarterly!

Usual caveats

Trek

“...we cant compete with the Chinese slave labour market and that's a fact unfortunately.

So even if the government did use us it would be as well as Chinese crap, ...”

Ya gotta start somewhere!

Trek

Again! or is it Bethell’s cronies! Lol!

Trek

I need to top up on my research hear as a previous holder. Important entry is below the 11p warrants.

Certainly putting IMM back on the watchlist for now.

Well done holders.

Trek

Yep that’s more like it!

It’s doesn't say, and these RNS’s often exclude the financial terms, but one is assuming that partnership means sharing of costs and sharing of rewards. If that is the case then it is ‘non dilutive’ in terms of capex if you get what I mean.

Usual caveats

Trek

“disputed invoices of USD $239,429.21 (GBP £0.18 million).”

Peanuts really.

Amuses me that you can get a seismic team to site, a rig from another country and geo’s but not an auditor! Lol!

Trek

£5

I’m on the same page as you LO!

Trek

“Rocket Launch at 7 a.m.?”

Other than for sentiment it’s irrelevant for my timeline. My investment here will not be defined by next week or the next RNS.

It’s an absolute joy to be part of this story. There will be ups and downs and trading opportunities and I do trade, a lot! But this is a rare hold and hug, the story is only just beginning!

It’s the only share in my pf that has just been buy and hold. Many have come and gone and been traded to death but TXP has been a shining light in the small cap world!

Oh, but of course I would take the rocket! Higher highs and all that!

Merry Christmas ‘Stoners!’

Trek

I can opine a narrative either way for bull or bear case for gold.

E.g. Take NSFR...

for some this will be unachievable, too expensive too much risk on the books due to lack of liquidity following the regulatory requirements for hedging. So why bother especially with impending Basel 4 stress tests now on the agenda. Many banks will step back and that means demand drops especially as US 10year treasuries rise and the arbitrage between interest rates and inflation reduces. I could go on but you get the point...

On the flip side there is the bull case. You need 80% physical backed assets for tier 1 securities. Gold among the basket of other physical assets meet that NSFR requirement. So ‘obviously’ the assumption is that physical metal nets out more valuable than pre Basel 3. The paper discount evaporates. You have to have asset backed options.

Here’s a thing not erstwhile discussed in the mainstream. The new QE ‘sugar daddy’ on the block is China! As the West pulls back on printing China who’s economy imo is a basket case will be replacing the US and some. So it’s as you were for gold. Gold is an international ‘currency’. It’s value ‘will’ likely increase significantly with Chinese stimulus.

Question what is the currency of China?

Answer. It’s the Renminbi...

Correct if it’s on ‘Who wants to be a millionaire’ but an economist would likely say they have two currencies. USD & Gold!

I mean what’s a flipping Renminbi! How many barrels of oil do you get? China is imo heading for a huge crash following at least 12 more real estate failures after Evergrande. Local govts have a trillion in equivalent USD debt contagion following defaults as debts even after fire selling assets.

Peeps may not realise, at least yet, but this sht is super important. It’s super important for gold. The crisis safe haven. That’s what after a lag feeds back to explorers. Demand not just price. Demand from China for gold to finance its impending 4 x the size of the last Lehman disaster is staring it in the face!

So here’s a little acid test. It’s not a plug, I do hold LND but it’s the only small cap goldie that I am aware of that has an imminent MRE and has openly said its for sale.

It will be a market litmus test IMO as the MRE will likely happen around 22Q1 and be attracting a sale for its Canada metals as soon as 22Q2. It’s not a plug to buy. Just watch for the appetite. If it’s 2m Oz’s what will be the market response.

That imo will be a collective view. More worthy than my diatribe!

Usual caveats

Trek

Hi O&W,

MNG made a H12021 after tax loss of £248m compared to a profit of £826m in H12020. Personally I think they will turn a corner now having stemmed client outflows. They are also on track with transformation and have some new eco funds that, as you know, are all the rave with retail atm.

However, my concern for all insurers and banks is exposure to China. The Chinese economy imo is sick. We just aren’t being told how sick. Following Evergrande’s failure to meet debt repayments and now 12 other property companies heading towards bankruptcy with state cover up we don’t know how sick the animal is.

Whilst insurers and banks have much better solvency 2 cover and have weathered stress tests that doesn’t mean they could sustain another shock that is like 4 x the size of Lehman...

That would soak up a lot of the buffers!

The thing is they just can’t stop themselves investing in junk if the returns look attractive. The bonuses and the income are just too tempting. Even without direct exposure the world is at risk from a Chinese recession. It’s all interconnected.

Give this a listen... it’s a recent vid which touches on the contagion risk. Real companies that have now defaulted can’t pay debts to local govts. They are fire selling assets to cover losses and make payments. The total debts outstanding are heading towards a trillion USD now!

China is embarking on a huge QE program to get money into the system it’s all very precarious.

https://youtu.be/ItN37fjVBjA

There are plenty of similar vids on YouTube.

Usual caveats

Trek

I always try to average in and average out of a position.

On the odd occasion I have gone all in or all out on reflection it’s been a panic trade on my part.

Usually something I should have anticipated!

Trek

Hi nextdeal,

Yes I have…

If you use the Google finance page you can build your own portfolio’s of shares to watch.

I have one for biotech’s, one for gold miners, one for O&G explorers, tech, utilities etc.

I mostly follow small caps. You can add in a couple bigger Companies like AZN, GSK etc.

You can then run comparative charts and you will see as has been said here before the fall is sector wide, well a market wide issue.

Pretty much anything outside the FTSE100 has not had a good year and anything sub £100m mcap has bar a couple of exceptions really struggled.

By having sector specific pf’s you can see surprisingly all red days, all blue days and better still those that are breaking the trends. I have 20-25 companies in each sector. The home facility enables you to view markets and highest movers in your overall of.

It’s really helpful intel and free!

Click on ‘follow’ and build your of from there…

https://www.google.com/finance/quote/ECR:LON?sa=X&ved=2ahUKEwj2qKu9nuv0AhWDZMAKHWmqBDkQ_AUoAXoECAEQAw

You may of course already use the facility but others may find it useful.

Usual caveats

Trek

Rooster,

If you use the Google finance page you can build your own portfolio’s of shares to watch.

I have one for biotech’s, one for gold miners, one for O&G explorers, tech, utilities etc.

I mostly follow small caps. You can add in a couple bigger Companies like AZN, GSK etc.

You can then run comparative charts and you will see as Gilers says it’s a sector wide, well market wide issue.

Pretty much anything outside the FTSE100 has not had a good year and anything sub £100m mcap has bar a couple of exceptions really struggled.

By having sector specific pf’s you can see surprisingly all red days, all blue days and better still those that are breaking the trends. I have 20-25 companies in each sector. The home facility enables you to view markets and highest movers in your overall of.

It’s really helpful intel and free!

Click on ‘follow’ and build your of from there…

https://www.google.com/finance/quote/ONC:LON?sa=X&ved=2ahUKEwjupIKonev0AhWLEMAKHXGuD7EQ_AUoAXoECAEQAw

Usual caveats

Trek

Hi O&W,

Thanks

Yes, I am on the same page as you. Made some money in high risk and will be cashing out as each stock reaches my target.

For yield a couple you may not have found. The likes of LGEN, AV etc are obvious but look at…

PAY, quarterly dividend with a good economic upside. Don’t buy yet. It will likely get knocked back if Omicron kicks off but it recovers quickly. It’s on my watchlist to buy sub 600. Then 580 and so on if it drops. It’s technology is coming on stream and management have guided results as on track recently. There was some regulatory issues but seems sorted now.

Also MNG silly yield 9.8%, and pe less than 5! Soo cheap. Mostly imo coz it’s still newly listed and there are lots of holdings RNS’s as insti’s find a balance. Look for sub 190 again..

Also on AIM if the market dips WINK (retail land renter)and PGH (corporate services, great CEO) both quarterly payers. look at Chart for PGH. See how it’s steadily recovered. Maybe another pull back soon if so they could be worth adding just a few.

However, all said. I seriously have researched most of the divi plays and there are none better than GLO atm.

It’s my only income stock for now as I sold the rest on the last peak to run a few higher risk plays a bit harder.

Good luck with your investments

Merry Christmas

Trek

Up 5.35p atm

Been lots of huge UT’s this week.

I just wonder if the market has sniffed out an inflation beating yield as it takes risk off highly leveraged, interest rate vulnerable tech?

Remember GLO’s divi goes up 10% yoy. It’s in its ‘constitution’! Lol!

Back to 200’s soon imo as it never broke through downside resistance at 180!

Usual caveats

Trek

Ps I can assure all that the first three trades today totalling 100k are all buys. I flipped some in here.

Trek