Member Info for westie50

Thanks Slubby. Something good to aim for.

Thanks for that D220. As a new holder I haven't even thought about an exit price yet but as i've just said, id like to see this go beyond the 4p mark. I'm excited by the Tier 1 assets and like the PR form the management. As ever the only possible concern is how a mine would be financed. Several options obviously, but actually as an easy way out a Buy Out would eb my preferred option. I'm are majors will have their eye on things here

Slubby - Could i ask what expectations you have sp wise? I can see going by past history that the 4p/5p level would hit resistance but anything above that level is in uncharted territory. Thanks

Is that what Nick told you TSP??????

There will always be sellers. Its a fact of life. As Slubby has said, some people will be in here for a trade and good luck to them.

Go no, be a devil. Just this once. No one's looking

The steady rise in Nickel can only be helping us here

Indeed. L2 looking strong.

sta60 and cattleman - i'll second your posts. Very similar history here

Oh i really wouldn't give out such news all in one go. Better to drip feed news like that.

I think i know who you mean - its already filtered (along with a few others) due to lack of brain cells

Thanks for your thoughts Redroy. Much appreciated

Evening Gents

Having been doing quite a bit of reading over the weekend (interspersed by the cricket!!) it seems in short this is a medium term play with the hope of a short term rerate this year, but primarily 18-24 months for the real value to be realised. I'm very happy to sit here and add as and when as i love the "Tier 1" comments. The assets appear to be ones to be envious of and this year should be interesting.

I see it's the intention to start production, probably next year, but i'm unsure of the end game. Do you guys think we'll eventually be bought out by a major? when the price is right? I'm not one who deals too much in share price predictions, but fro where we are now, i'd hope for many multiples of todays price.

Quite simple really. Get out while you can and before this stock is diluted to hell. This is only good for a short term trade and a risky one at that

Totally agree D220. I've experienced that over the years. I actually have no problem with decent reasoned discussion as long as it's backed up with facts. On occasions it's quite healthy to bring up what might be perceived as negatives, but to just make mindless spurts just shows the intelligence (or lack of it) with some posters.

Indeed Slubby. I wasn't involved in Quindell but remember the story. It's comforting to know you've looked in-depth into the backgrounds of the management.

I still come back to what i've said before in that in NvS we have a chap who i'm confident will get us top dollar when the time comes. His pedigree/background has surely confirmed that?

i think to be fair to both you guys, you are both correct in that 10% was mentioned (in a CC) re a JV, but also quoted as a figure for a BO. I don't have anything in my notes to substantiate this but just seem to remember it from various CC's.

I guess it's not important in the grand scheme of things as we know NvS will look after shareholders interests with any JV/BO.

Gents - I have to say this appears to be a very amenable board which is nice to see. It's good also to see some experienced holders here. Obviously i'm new here but believe me i've been in some stocks (ARCM) where you think you';re never going to be rewarded, but if you're patient and well researched, then the rewards should come.

I like the company website and especially like the references to Tier 1 on both plays. Tat alone should see us way above our current price.

When I invest, I normally look at the BOD's in great detail. I really haven't come across the guys in charge before however they read well and appear to have good pedigrees. I also think its a big plus if a company responds to email queries, so i'll wait and see form that point of view.

Finally I do trade stocks, but not this one (and not ARCM my major long term holding), so i'm here for as long a it takes and will keep adding.

Plenty more I could say but i won't take up anymore of your weekend. Cheers

Totally agree with Bloodshot’s post. Way too many if’s and but’s to come up with any meaningful figures.

Re paying 10% - it would still be a decent reward for us as an end game. Knowing also NvS drives a hard bargain, we’ll get the best deal we can

Thanks Slubby old chap. Hopefully not!!