Member Info for TrekMadone

Just to remind folk of my prediction. Once the changing of the guard is complete, which is now getting ever closer and the new overtakes the old we will see a 5p rise here in one day.

Why kick yourself later. Sometimes something can be good and true.

Trek

‘Is the new information that Q1 may be affected? Was that known before?’

Before it was a possibility now it’s confirmation.

As well as being bad press for NCYT this is also bad press for UK plc. Others will be spending a lot more time on DD. The DHSC have been shocking imo and it probably comes down to a couple of decision makers stuck in the mud and now digging a deep hole!

Trek

Hi Mantasz,

Genuinely good luck with MATD, I have sold with a nice profit there from a sub 2p average. It was only a very small punt though having reduced. ( you can go back through my posts to last year).

Anyways wrt WSBN... I don’t understand..

“ I can only assume some of the selling after the RNS release was from people having put up automated sells, as we're now anchored to the 14p premium placing level as the safety for an entry & great upside to look forward to from here.”

I had a look at the trades and no AT sells...

https://api.londonstockexchange.com/api/gw/lse/download/WSBN/trades

They are nearly all off-book, micCode AIMx, trade type, P which is exceptionally normal. No MM schemes posted as one would expect if seeing ALGO trades. So no evidence of AT sells in that sense. I guess you mean as a generalisation.

Regarding the ‘anchoring’ comment I can only assume that would have to be TA based.

I don’t subscribe to TA as the ‘be all’ but it is defo a factor in ones research and it’s true that the RSI (51.52) is indicating a significant leg up is due. Also if you subscribe to Elliott Wave theory that is also bullish and looks to be an emerging pattern. Or you could be (correctly) predicting an ascending channel.

So from a TA perspective at least short term it’s a very good hunch!

RSI

https://www.londonstockexchange.com/indices/ftse-aim-all-share

We are on the first major wave back up on the one year. If this plays out then it’s technically back to ATH’s! 4 more of these tips hey!

https://www.marketscreener.com/quote/stock/WISHBONE-GOLD-PLC-11050854/charts/

Usual caveats

Trek

‘A good time to buy more for those with funds available.’

Agree, I added a few at 212p. Imo this price is insane; well it’s probably more of a reflection of illiquidity. Some days or even times of day it’s down then after a week it rallies back up again!

ONC is a classic DYOR stock. Do your research, follow your conviction and invest/or not. The difficult bit once decided is actually picking, rather timing an entry price.

For newbies, the fundies here are sound, cash on books, revs up etc, so do the usual DD and by all means check mine and others posts here.

You will hopefully see the ONC potential and gauge that we are undervalued by pretty much any metric and take a punt. As for undervaluation, I understand that’s how it is but I also know value outs!

Place your bets! Lol!

Usual caveats

Trek

From GS today. Sorry I get it via email....

“Copper is the new oil

Move over, oil. Copper will soon be the most important commodity in the world, says Nicholas Snowdon, commodities strategist in Goldman Sachs Research. On an episode of the Exchanges at Goldman Sachs podcast, Snowdon argues that because it is “the most cost-effective conductive metal [for] capturing, storing [and] transporting electricity,” copper will be the key metal in the transition to a green economy. He also estimates its price will soar from about $10,000 a ton today to about $15,000 by 2024. Why? Because the copper industry isn’t ready for the coming spike in demand. “There’s no real investment in new mine projects and so, essentially, the copper market is sleepwalking into a really sizeable supply crunch akin to what we saw in the oil market back in the 2000s,” Snowdon says. Ultimately, it will take “incredibly high” copper prices to encourage new investments. “Until there’s a really sharp increase in mine investment and capex goes back to the levels that we saw in the late 2000s—and we’re only about half of that currently—I think we’re a long way from declaring ‘mission accomplished.’ And so, I think that’s really the key message: Year one of a multiyear bull market really lies ahead of us.”

Trek

“Do you know or aware if they are able to collect just as much of the “said” metals as they would in more traditional methods?”

It’s is at least comparable if not more productive because it recovers smaller particles. You just keep repeating the process until there are no more deposits. So we actually capture those small deposits what would be sought by tailings companies targeting old mine spoils with older extraction techniques.

And the modern leeching solution is from food grade material. You could drink it!

I really don’t think the penny has dropped with the potential here and Thr will be the first mover in Oz for copper/gold extraction using ISR with government backing.

This is really pioneering but with proven tech. Once in place we will be the go to miner for that experience.

Trek

Apart from a rather significant howler ‘£75m cash on the balance sheet’. Tsk! Tsk!

I’m bullish SNG but that is misleading!

Trek

Imo it’s not the end game here for THR in terms of grants/govt support.

The A$300k grant is a decent lump for one company. It works out to around 200k for each of the 22 companies but we got 50% more. Imo that is because the govt are keen to trial the new technology because it has higher recovery rates than traditional mining methods and a much lower environmental footprint. It also provides a faster route to market = faster tax revenues.

If Thor’s trial is successful it will become a paradigm for others.

If you haven’t familiarised yourself with ISR it’s worth going through this presentation. Note the chemicals are also FDA approved!

https://www.enviroleach.com/conventional

Trek

The narrative for POG is startling. We have rising inflation, termed as a ‘blip’ now being coined as ‘average inflation’. We have dovish central banks afraid to raise interest rates through fear of stymieing the recovery as played out by the underwhelming US jobs data. Likewise, tapering is a discussion rather than a reality and it’s playing out as a weaker USD!

Yet miners have been hit today because of inflationary fears and base metals continue to rise especially gold. You couldn’t make it up really!

Even on TA we are on a handle back up on both the 10year and 1 year chart!

Ignore the pundits, they don’t want us to work it out! Bunkum! Buy gold mining stocks and most are cheaper today that yesterday! Lol!

Trek

Well I’m kinda glad re the market. It’s enabled me to buy 3 lots here today. CHF were 19p not so long ago and now they will get cash from warrant conversions the next time it hits 20p. Buying now is a nice cushion for a growth tuck away with Cu in huge demand!

Trek

Qd2,
It’s like fracking so a chance of an earthquake, lol! But the risks are v low. No environmental scars. Fully ESG.

The chemicals used are natural and FDA compliant. Read the whole presentation. It’s very impressive and I think miss understood

Trek

DMG/Argo ESG steps ..... Elon ... too many tweets make a tw*t!

https://youtu.be/4idcFFOz2b4

Trek

£4

MHRA,

Dear wcotter,

What’s a RNS?

Thanks....

Just kidding fair play for trying.

Trek

And potentially round the clock cheap extraction!

Check this out. No reason why Bailieston and Creswick couldn’t adopt ISR techniques. That would mean a significant reduction in Capex...

This is being trialled by THR (where I have a small position). The process has been used since the 60’s but now it’s much more refined and THR have been given a grant by Oz government to trial it. I really think this could be a paradigm for ECR. No need to truck ore to Fosterville!

With a rising gold price, quicker time to market and hugely reduced AISC’s the ISR methodology could provide significant SP lifts for adopters of the technology!

https://www.enviroleach.com/conventional

Trek

Add to that the significantly reduced extraction costs which have also attracted a govt grant!

Well worth a read this on ISR for those that aren’t aware...

https://www.enviroleach.com/conventional

Trek

Still so many AT ALGO trades.

https://api.londonstockexchange.com/api/gw/lse/download/TTG/trades

Thought we’d have had some orders for Virolens by now given MHRA approval and Scotland approval news.

They have said most orders are likely to be international but no update yet from iAbra.

Meanwhile TTG is ticking up nicely of its own steam. We just need to hold above 250 resistance to extend that rising trend to ATH around 290.

The 50DMA is above the support, lower turquoise line.

All looks very bullish on its own. Bring on some news!

https://www.marketscreener.com/quote/stock/TT-ELECTRONICS-PLC-4002367/charts/

Trek

Hi Uh-oh,

Thanks for your reply and I agree with your synopsis. The only thing is I am fully invested again. PUR was so oversold so have been piling in there and HE1 for the drill. When I take a slice off PUR I will look back in.

As for ALU it’s ‘safe as houses’ will do very well but wont move as quickly as some of the others but then it’s also a much safer play.

Good luck with your investments

Trek

Peter,

I had a quick look over coffee. I would normal spend many hours researching and looking at peers as well.

The interims presentation is very comprehensive and covers most questions...

https://www.lcmfinance.com/shareholders/investor-presentations-results/

The securing of the $50m finance on what looks to be cost in terms, net of resolution expenses is favourable.

They do seem to have a good throughput of resolutions and an increase with 266 on the books.

What would help is some average dwell time measures so you have an idea of churn. They refer to natural smoothing as volumes increase but then you need to know about tails. Those slow cases that may be costing them. How many cases are in the tail?

This data may be available if one digs deeper.

Also with this growth what is the headcount like? Recruiting skilled professionals in this field is not easy. It’s difficult to see if they are in danger of growing to quickly. The current macro lends itself to this type of business. If interest rates creep up there could be even more work for them.

All said it looks like a steady investment albeit light on cash from what I can see. The RCF is fine if you know how regular the cash flow is. That is currently erratic. If rates do increase so will libor. So equity or a mix of equity and debt may be preferable.

They only have 116m shares and I am sure just £5m cash via an accelerated book build with a small discount would be very well supported and double their cash position. That would give them more breathing space for what is a busy schedule and pretty sure to recruit.

The chart on the 5 year shows a strong handle which is very bullish.

I would have a punt here but fully invested elsewhere.

Usual caveats

Trek

Gotcha! 10615 at the bell! Below TSX close. Now watch it drop!

Trek

Looking through their RNS’s what are SCIR going to do for news now. Nearly all their updates were about us. Just shows the difference management can make! Still at least they have a nice ROI.

7.45m sold since last update is actually not a lot. It’s been soaked up NP. We suspect the placees have also derisked, that’s another lump that’s gone through.

Looks like positions are being taken for the drill. Wouldn’t be surprised if it gets more difficult to buy very soon and IF after 7 days of drilling they report He, well can you imagine it!

Trek