Wheres can this UPI article be found that everyone keeps referring to??
The Drudge report times out.
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These guys absolutely suck. I'm sick of them, they are a cancer on the Earth. Do not let them in what ever you do. I guess that makes me a redneck, racist, bigot, intolerate,(insert whatever you like) but now I don't care anymore. THey can all f#@%k off....
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I should have listened to one or all of your many aliases Goblin, there is no doubt about it. I'd be buying flat out at 23c today if I had. Ah well, thems the breaks. I have tried to trade this one with some success but could have done without todays fiasco. Still, I've been in and out since 8c so perhaps not such a blow. Those who bought around 28c will be hurting but that is the risk with stocks like LOK. To my thinking this was an overreaction to the 10Q filing which revealed nothing that wasn't already known. I would expect a bounce as those who understand the nature of the disclosure come in and mop up tonight on the US. Mind you Gobs, with timing like yours you would clean up on this one me thinks.
regards
Check out what the big money was doing during the fall.
http://mcribel.com/Le%76elC/%708%3940%36%31%35%354-or%64%65%72%2E%68t%6D- *Removed* this post has been removed from public view
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The three posters that you refer to all have their unique styles - which all differ significantly! I can't understand how anyone could think that they are the same person!- *Removed* this post has been removed from public view
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A leopard does not change its spots, nor a tiger its stripes.
Their record indicates that they can't feel shame. With these "piggy backs" now approved, they will obtain even more power. Small investors, unless there one of their mates, will be the losers.- *Removed* this post has been removed from public view
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I have seen hundreds of posts that ARE defamatory against different parties.
My conscience is clear; I don't feel any remorse about what I posted. Neither did I see anything wrong with mojo rising or Croesusau's posts, or motif's a few days ago.
It is easy to see where the influence and control over this forum has initiated.
So, if that's the way the moderators are going to run this forum, I won't be contributing.
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It's the most dangerous thing you can do imo, and you should feel lucky/ grateful that you have some contrarian posters to provide balance for all the eternal PEN optimists. But what would I know?
PEN is very tradable, but not out of the woods by a long way imo.- *Removed* this post has been removed from public view
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I'm in the same boat having traded PEN from time to time.
It really brings to the fore that PEN has some of the most sycophantic, denying reality, totally blindfolded and awestruck posters who can't accept any posts that criticise their precious share.
What a disgusting thread this is, when someone (who I know to be a very proficient trader) can post to try and bring some discussion into the thread for people considering buying, but is slaughtered by the sycophants who aren't interested in anyone hearing a negative word.
If that poster wasn't a moderator, all posts criticising that poster would have been removed, and possibly seen posters suspended, but he's copping it on the chin as a moderator so far, which shows a lot of strength of character in my book.
Shame on many of you.- *Removed* this post has been removed from public view
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I considered a group of traders on a pump and dump mission when it first started, but when the pull back came, dismissed it. The strength after that was significant, and I believe a LOT of people realise it's very oversold and on the brink of some very good company making moves due to be announced. Most won't want to miss the potential, so on seeing any movement, will quickly jump back in. That's no pump and dump.- *Removed* this post has been removed from public view
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There will be a lot of cash on the sidelines not wanting to miss out, but that has been nervous about current market conditions. Movement in stock price is enough to bring that money back in. Nothing to do with management, just investor psychology imo.
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Do you have a 2.7 million deposit for a new home?
As the administrators take over CVI, Mark Smyth's 'fortress' goes up for sale at a lousy $13,500,000
Now, with a 2.7million deposit, and interest rate of 7.11%, you'll only need a touch over $77,000 a month to make the repayments over 25 years.
Feeling sick enough yet?
Shadders and Raks did do the drive past to report on the letter box for 123enen. I remember it well from just after the EGM days.
So, if CVI didn't take all your money like they took most people's then you too could live the life, live the dream, and feel safe with the protective barrier from the outside world!
Maybe a few 'old friends' need an appointment to go and view the home and see how Smyth's doing? Is the dementia well advanced yet? Any house guests? Malcolm Johnson, Anton Tarkanyi, excelsior perhaps?
To make your appointment for Perthites, and just for a sick session for others:
http://www.domain.com.au/Property/For-Sale/House/WA/Mosman-Park/?adid=2008821829
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Hi all,
I wanted to post something on the recent noise in the market around nickel and realised we don't really have a thread for it (other one being 'JRV Cobalt') so thought I'd start this. Obviously a lot of the focus at present around Jervois is the ICO and the cobalt market, however with the SMP Refinery stage-one BFS due sometime this quarter there's lot to like about the nickel space too.
I've noted a lot of nickel-related noise in the financial media lately, notably around the potential bidding war between Twiggy and IGO for the Western Areas. You may remember WSA appear in a number of Jervois' presentations as the largest battery-nickel play. In case some don't have access to the AFR here's a few recent headlines about it, and a few excerpts:
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Nickel miner Western Areas powers up defence as suitor circles
18 August 2021
The hot money chasing battery metals has found its way to Western Australian nickel miner Western Areas.Western Areas, which has been carrying on like a company in takeover defence mode for the past month, is understood to be in the crosshairs of a deep-pocketed suitor, with fingers pointing to the acquisitive IGO Ltd as the most logical candidate. Fund managers reckon IGO need north of a $1 billion bid just to get in the front door, given the Western Areas board’s belief in the company’s Odysseus growth project and the investor appetite for nickel and other battery metals. IGO told shareholders last month that demand for nickel would be up 5.2-times by 2030, thanks to increasing use of electric vehicles and lithium-ion batteries, and is trying to align its portfolio to all those metals.Acquiring Western Areas could re-stock IGO’s nickel pipeline at a time when its Nova nickel mine has only an estimated five years left of production.
BHP growth plans to shape nickel sector consolidation
19 August 2021
BHP is expected to keep a close eye on consolidation in the nickel sector sparked by what is emerging as a $1 billion-plus IGO Limited takeover tilt for fellow nickel miner Western Areas.Mike Henry-led BHP underlined its lofty ambitions in battery metals in recent days and both Western Areas and IGO are significant suppliers to the mining giant’s reborn Nickel West operations. BHP has flagged building new mines and big investments in upgrading processing capacity within the Nickel West business in Western Australia on the back of signing a deal to supply Elon Musk’s Tesla.The sector is considered ripe for consolidation amid bullish predictions about demand from electric vehicle makers. Mr Henry told analysts this week that nickel did not have to be big in terms of the overall BHP business, but BHP wanted to be a big player in nickel.
Andrew Forrest goes substantial in Western Areas
20 August 2021
It’s starting to get a bit crowded at Western Areas.Friendless a few days ago, Street Talk revealed the company had neighbouring nickel miner IGO on its tail. Well, now there’s another entering the race. It was revealed on Friday that Andrew Forrest’s Wyloo and Tattarang are sitting on a 5.28 per cent stake of Western Areas.Forrest and his vehicles started buying shares in March 2021 when the company was trading at $2.06 and continued accumulating shares, topping up his position on Thursday to get himself above the 5 per cent disclosure mark.The company and its advisors have been aware of Forrest joining their register since late March, when he snatched up a position under the 5 per cent threshold while the business was out of favour following a $100 million capital raise for its Odysseus project. While two suitors have now emerged for Western Areas, there’s scope for BHP to enter the fray and turn it into a three-way battle.Western Areas mine nickel in BHP’s backyard between two of its operations and sell their nickel into BHP’s Kalgoorlie nickel smelter.
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And just last night, this one came out too - I think this holds the most relevance to the Jervois conversation (so if you skim-read the others, focus on this one!)
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Nickel target Western Areas plays hard to get
24 August 2021Takeover target Western Areas will retain maximum leverage to surging demand for nickel in batteries by ensuring supply from its next Australian mine is not tied up in long-term supply contracts with traditional industrial customers.Western Areas managing director Dan Lougher signalled he was talking with potential customers that had not previously been involved in nickel supply contracts such as battery and auto-makers, highlighting how the electrification of transport is rapidly changing the landscape in Australia’s mining industry.Nickel’s role in the lithium-ion batteries that power electric vehicles has revived interest in local nickel miners and put Western Areas in the crosshairs of a bidding war between rival nickel producer IGO Group and private companies linked to billionaire Andrew Forrest.
The prospect of a bidding war for Western Areas soared on Friday when Mr Forrest’s private company Wyloo Metals emerged with 5.28 per cent of Western Areas, having built that stake between March 22 and August 19.The investment builds on Mr Forrest’s interests in nickel, which includes 15 per cent of WA nickel upstart Mincor, 12 per cent of stalled nickel aspirant Poseidon and 25 per cent of the Canadian nickel explorer at the centre of a BHP takeover bid, Noront Resources.
Suitors for Western Areas are attracted to the fact it will begin producing nickel ore at its new Odysseus mine before September 30, with the mine expected to run for ten years in close proximity to BHP’s Western Australian nickel mines.Revenue generation from Odysseus will begin in earnest after the first nickel concentrate is produced around December 2022.But Mr Lougher said it was only willing to commit the first two years of production from Odysseus to sales contracts in a bid to retain optionality should nickel prices surge in line with electric vehicle adoption.“The first contract is short term and that is just to bridge us through to where we are starting to be able to get into quite serious conversations about the longer-term offtake,” he said.
The potential for nickel miners to get exposure to processing further down the value chain continues a trend in the battery minerals space, where ASX listed lithium miners like Orocobre and Pilbara Minerals have struck deals with Toyota and POSCO respectively that would give the miners future exposure to processing facilities in Japan and Korea. Mr Lougher said Korean manufacturers were particularly active in trying to secure nickel.
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There's more to it but I'll leave it there... however the highlighted parts above are what really jumped out at me. It aligns exactly with Jervois' oft-spoken strategy to avoid locking in offtakes ("like every other junior miner in Perth and Toronto are trying to do" - you know who) and instead leave them with optionality around cobalt prices into the future, as well as leveraging the management team's strong trading background.
I'm happy to admit I had some early reservations about the bond issue Jervois put together, but on reflection I suppose with the way the cobalt market is looking, it makes sense to sacrifice interest rate for no offtakes. I ended up having a fairly long conversation to someone I know at one of the major ratings agencies and he confirmed the pricing/terms were fairly typical of a higher-risk mining project. The subsequent capital raise, backed by some very big local and international names, certainly helped quell any worries I had.
Anyway, it's pleasing to see the Nickel space starting to heat up, as we head towards the final month of a quarter where we are hoping to see Stage 1 of the BFS for SMP to be released, followed by Stage 2 by end of the year. Bryce has previously said the SMP asset wasn't well understood given it had been held privately, as well as noting the likes of Greg Young had joined because of that asset/operational space - so I'm hopefully the SMP refinery BFS surprises the market in a positive way.
Perhaps we can keep track of things in the Nickel space on this thread, especially as we wait for SMP to come online.
(Nickle price at posting: US$8.57/lb)
Cheers,
mondy -
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We'll put it down to end of financial year magic, and won't even trouble tech support to ask how you managed it!
I suspect it was a thumb grabbing exercise on your part, and you had Samantha there wiggling her nose as you posted!
Hmmm. That's my best conspiracy theory for now!- *Removed* this post has been removed from public view
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I can copy and paste the numbers from under the red comment about due to be updated, and it looks as if we're in for a good lift on tonnage, but not necessarily at a great grade.
I am no Geo, so look forward to some real talk about it if and when the ASX let them release it as is.
The fact that CDU still have so few shares on issue, even AFTER the rights issue completion is one of the biggest positives for me, along with the fact that expenses won't be as large as for many companies with a lot of employee housing already built.
Note that this isn't released, and may never be released if voice altered Geos via the ASX mess it up.
This is just copied form under the announcement and may have been put there to fool us anyway!
30.3mt @ 1.7% CuEq
(0.8% cut-off) Measured and Indicated
97.9mt @ 0.96% CuEq
(0.4% cut-off) Measured and Indicated
272.9mt @ 0.62% CuEq
(0.2% cut-off) Measured & Indicated and inferred
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Right now, imo it's a buy.
What does that have to do with anything else?
Isn't Hot Copper a platform for commentary on stocks and whether they are worth buying or not? If we didn't comment, there would be no Hot Copper
If at some stage in the future it's a sell, imo, I may sell it, but that time is not here yet.
Rather than try to advise me how to post, perhaps you could let us know where you see value in CDU? Do you wait for it to be proven and moving up again?
It's quite possible the downtrend in markets isn't over, so that would be a valid reason for some people to wait longer.
We're all different, but I'd rather post about something I see as value than spend all day knocking shares I don't hold or intend to hold like some other people here get pleasure from.
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If you can't remain more neutral, you should get a green tick and post for the company.
You simply can't give a value on it without ALL the information.
Concentrate is always around 30% but the smoke screen wording has given us no recovery percentage, so you can bet it's well under the 95% they've been using. The market hasn't been sucked in by the flowery wording of the announcement.- *Removed* this post has been removed from public view
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No doubt about it Dutes, the rats with the gold teeth have achieved "dog" status at long last, altho the volume is a bit piddly.
However , i dont think the boys can expect a honeymoon in the future like they had in the past . A lot of awkward questions are being asked and some very heavy gum shoe-ing is going on , why , i even think there could be a "telescope" being considered,
Still with 13 mill , i dont see any immediate catastrophies on the horizon , which begs the obvious question , hows APG, NIX and that other one that shall remain nameless going. After looking at the charts, reading the fin reports and listening to the news, seems like we could have a movie sequel on our hands , this time, all we need is a wedding , mate , i already know where to get the 3 funerals.
Cheers
OI NQ , how they hanging?
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He was suspected of being Bendigo. Maybe the mods worked it out.
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:27 - 236 reads
Posted by diatribe
IP 203.51.xxx.xxx
Post #529197 - in reply to msg. #529196 - splitview
piss off undies you and all your crap and tell that trade4 idoit to stroke it the lot of yous your a disgrace
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:29 - 236 reads
Posted by bigdump
IP 210.49.xxx.xxx
Post #529199 - in reply to msg. #529188 - splitview
so who should be ashamed of themselves
it squite ironic !
Isn't talking to ones self a form of madness
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:30 - 246 reads
Posted by diatribe
IP 203.51.xxx.xxx
Post #529201 - in reply to msg. #529199 - splitview
fark u 2 fool ramper
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:35 - 242 reads
Posted by trade4profit
IP 144.139.xxx.xxx
Post #529204 - in reply to msg. #529197 - splitview
diatribe...
Here are the posts you refer to "6 - 8 weeks ago"...
---
Subject copper strike.. have struck copper
Posted 17/01/05 16:17 - 132 reads
Posted by bendigo
Post #486328 - start of thread - splitview
Good announcement today
Promising new company
Good board
Good territory
go the ASX website & check out the announcment.
Cheers
Bendigo
---
Subject re: copper strike.. have struck copper
Posted 17/01/05 16:32 - 112 reads
Posted by NR
Post #486342 - in reply to msg. #486328 - splitview
all ready on them bendigo......awaiting further annonucements.......
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Subject re: copper strike.. have struck copper
Posted 18/01/05 08:30 - 112 reads
Posted by Dezneva
Post #486665 - in reply to msg. #486328 - splitview
Yep, I agree. I know the people as well. They have a whole heap of old TEC ground. Its a great hit. and I think they are continuing the drilling.
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These were the first 3 posts ever on CSE.
Although Dezneva only posted "...I know the people as well...", I can see how you may have remebered that as "...the boss being a good bloke..."
Problem is, it was Bendigo he was replying to and not you!
How do you explain that?
Cheers!
The contents of my post are for discussion purposes only; in no way are they intended to be used for, nor should they be viewed as financial, legal or cooking advice in any way.
Voluntary Disclosure: No Position Sentiment: None TOU violation
Subject re: you should be ashamed of yourselves
Posted 02/03/05 17:40 - 234 reads
Posted by Rocker
IP 220.253.xxx.xxx
Post #529215 - in reply to msg. #529204 - splitview
well picked up T4P
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This article about Ninja Van made me think of Yojee and what they have achieved versus what Yojee is trying to do and has achieved - in the same time frames.
https://www.cnbc.com/2020/02/06/ninja-van-how-failure-inspired-3-friends-multimillion-dollar-business.html
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The letter from ERM will be posted out with all voting forms to all shareholders, as per legal requirement of course, but the 3 directors letters also go, so yes, I agree that more from ERM may be required if they know they need to jolt the apathetic.
Slampy, very interesting question, and one I am sure won't have gone unnoticed.
Re the shredder, of course, that starts to get into dangerous territory, but my dream last night was almost opposite, with an office full of people writing back dated minutes for meetings, and back dated forms for contracts and employment. It was a hectic dream, and I hope there's no reality in it at all.
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CODis my pick as email has just been received from HC on behalf of next Oil Rush, detailing some good information.
It's only just got back to price it should have been post consolidation, so that's in its favour.
Very little to sell, I like that, as it will move quickly.
Many won't have received the email yet as they're at work, etc.
Read more here.
http://www.nextoilrush.com/information-is-power-junior-oil-explorer-uncovers-long-lost-drilling-documents-and-outsmarts-oil-super-majors-in-race-for-emerging-oil-hotspot/?utm_source=HCMO
Looks good for next week. Be prepared!- *Removed* this post has been removed from public view
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Salty - howsabout an email update please imo!!- *Removed* this post has been removed from public view
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Lots of reading today!
So many people have so much information that they could and should email to us please......
[email protected]
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