Member Info for westie50

Longterm i'm impressed with Jeremy too, but he needs to get things out on time. The market (and me) don't like delays

Taken a small position here today and will add as and when I can. Looks like a decent medium term investment.

OK thanks Tardis. I should have said i'm not a holder but looking to become one before long. I'd appreciate any comments.

Will the Indonesian 'export' situation hold us back? Anyone see this as a negative?

You’ve got me there Fulmar. Can’t think of anywhere

NG & Wasa - a lot of sensible posts. I think patience is a very fluid thing and can be months to some but years to others. I've only been here slightly less than a year, so still quite new, but on my other stock (ARCM) I have been there more years than i care to remember. I won't be selling there anytime soon as is the case here. I did say before though i'll give it 2020 here and then reassess. That doesn't mean i'll be selling come what may, but I think its sensible to keep a close track on things. I'm not getting any younger (fast approaching 60) so I take that into account as well in that I don't want the government to get my cash if i'm still here when I pop my clogs. So with the proverbial crystal ball, if I could see 30p plus in say 3 years time then i'll wait.

At risk of being too simplistic, if say in a couple of years, nickel is pushing 20k, the company are producing and the EV market has moved on a lot, then surely our investment here will be multiples of what it is today.

This is a really good BB with los of good comments. Long may it continue.

Graham old chap your prediction of 4p by close of business seems to have gone a bit astray - and i was relying on that!!

Please don't forecast a ten bagger by the end of next week then we all might stand a chance!!

Indeed Wasarunner - i'm not fussy which one bags first and yes that was my plan to switch more into the one which was lagging.

Nothing in EUA Wasarunner but like you a couple of small positions in other stocks (which I'd very much like to add to). My other large holding is ARCM and like you I had dreams that things would be timed nicely and i could take from one and add to the other, etc, etc. Life isn't as simple as that so for now just sitting and waiting. I'm not getting any younger though and if I see decent rise here in 2020 then i might well switch.

Yes agreed. I’m confident finance will be arranged and agree it really needs to be done by the end of the year if not a lot sooner. I’ve taken great heart in the Orion deal. Is it too simplistic to have the opinion that why would they have committed so much cash if they weren’t confident of a reward? Surely they’re not going to just throw that amount of cash down the drain?

It's always healthy to hear varied opinions and makes for decent reading. Probably like you, i'm always reassessing my investments. So while I have patience in abundance if I can see an investment with potential going the right way, by the same token I will get out if i see things stagnating. Im a long way from that here though and would hope to see us moved on by the end of the year.

Thanks wasarunner for your very balanced and knowledgable view of things

Evening Wolfie. Yes you're right re my other large holding. As I said there, I'm giving it 12 months by which time it'll hopefully reach double figures.

I tend not to be too exact with my sp comments as its easy to get carried away with predictions if you look at any stock through rose tinted spectacles. I do think the next drilling season will be pivotal for ARCM with hopefully an increased campaign, proving up some very decent assets. So i guess it's a case of when a major shows their hand here.

With that in mind, i'd like to see double figures at some stage during the drilling season but going any further than that would be pure speculation. If (as I hope) we can prove u a lot more of CE and make it very attractive to majors, then who know where the sp might end up.

Good luck.

I always find it fascinating peoples hopes/predictions for the sp. On other boards you get the numbskulls quoting the first figure that comes into their mind, however here I really feel this is a more educated board (on the whole!) and all predictions are valid. I feel the 10p-15p by the end of the year is more realistic short/medium term. Of course if we go into production at some stage (if we're not taken our before) then higher than that is a possibility. I've always said i'll give it a year (so up to the end of 2020) and then reassess. If we haven't moved on from this level by then, then i'd be very disappointed. If we're 10p+ by then end of the year then i'll probably stay longer.

Just my thoughts on sp.

There are many way to skin a cat re raising money other than the good old placing. My other large holding has just secured a convertible loan facility as an example. I'm sure those that matter are looking at all options.

So do i DJ however in the past the sp seems to be directly correlated to the Ni price, hence my comment.

I'm positive here about the future however I try to keep a level head on things and will post what some might conceive as being negative just to put a balanced view on things. No share is always totally positive.

nickel taking a real hammering. SP holding up quite well considering that i guess

Not taking a lot of volume to move us up today. Lovely!!

I see even though its a new year, something never changes in that we still have a significant seller.

Thanks for pointing that out ????