Thanks heaps for your reply and your thoughts about these 3...

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bigbigman100

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21/10/21

00:51

Post #: 56953358
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Originally posted by Mozza01: ↑

Hey bigbigman100,
I've built a portfolio of 16 or so stocks with 5 Lithium plays, 9 Uranium plays, one Gold and one Halloysite-Kaolin. IMO, Uranium has already started to move in the last year or so but there is still a long way to go. The game has only just begun there and it is not at all too late to enter the fray. A word of warning though.....this sector is not for the faint hearted and is quite volatile. We've just been through a 40% correction in the last month but have already bounced back to regain much of the dip in the last week or two. It's that kind of sector!
I initially established my Uranium holdings thinking that it would be the "next wave" for my portfolio after Lithium - but Lithium certainly isn't done yet and Uranium has really started to accelerate a little earlier than I anticipated - a new Investment Vehicle buying lbs off the Spot Market (SPUT) and the energy crisis across Europe and Asia has brought things forward. I expect the good times in Lithium and Uranium will overlap and it makes for a great portfolio to watch thus far!
Another area I started to research was Hydrogen. I think this will grow massively and, if you read some of what Twiggy Forrest has had to say recently, Australia could well become a big player in that market with FMG playing a big part - quite possibly with a few key acquisitions that they can put their cash behind to really move things along. I think this sector has a fair way to go just yet and there are a few things that need to be ironed out with the storage and transportation aspect of Hydrogen, but I'm looking at Hydrogen as a "third wave" investment to keep the compounding in my portfolio rolling on......if the timing correlates with rolling out some of my Lithium or Uranium stocks.
The compounding aspect of the way I go about things plays a very big part of the success I've had to date. You can't be afraid of rolling your money out of a stock that hasn't appreciated like you've hoped or has gone in the other direction. Decisive action is sometimes required and you don't always get it right either.

The secret sauce is in picking the right Companies within the desired sector. Research, research and more research improves your chances of getting it right considerably! DYOR.

I've gone on a bit longer than I intended. Good luck with your portfolio.

None of this is to be considered financial advice. All just in my opinion and just my musings.

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Thanks heaps for your reply and your thoughts about these 3 industries! I absolutely agree with you on hydrogen, I have good faith in that industry too and have invested in PRL and QEM. I'm thinking putting some into FMG considering twiggy have heaps of cash and can easily dominate hydrogen in australia in the future with that sort of capital and power. But I'm always on the hunt for penny stock those that haven't had their engine ignited yet, those are where the juices are in! I haven't made big in this game yet, had bought vulcan previously but sold when it was a dollar. I'm into LKE average at 0.60 hope it will continue run up to few dollars by next year.

LKE Price at posting: 76.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 4.0¢		Change 0.001(2.56%)		Mkt cap ! $66.74M

Open	High	Low	Value	Volume
4.0¢	4.3¢	4.0¢	$430.7K	10.53M

Buyers (Bids)

No.	Vol.	Price($)
11	1033639	4.0¢

Sellers (Offers)

Price($)	Vol.	No.
4.1¢	60654	3

View Market Depth

No.	Vol.	Price($)
9	813876	0.040
10	1031637	0.039
12	2570663	0.038
16	1946457	0.037
15	1257657	0.036

Price($)	Vol.	No.
0.042	1364178	6
0.043	230000	3
0.044	549155	3
0.045	346214	6
0.046	886266	7

Last trade - 16.10pm 27/09/2024 (20 minute delay)

LKE (ASX) Chart

Thanks heaps for your reply and your thoughts about these 3...

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Thanks heaps for your reply and your thoughts about these 3...

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