T O P
Mysterious_Value_764

Play the percentages simply means lower your risks, check out mining country classification and tiers. Exit prices or points I judge on the market and commodity price. An easy example is PLS currently. They have a high exposure to lithium through BMX auctions and offtake contracts, they should see continued growth as long as commodity prices grow or hold. I also spreadsheet operating costs per ton for every company I hold. As long as the commodity prices are well above the production costs per ton, their making money. PLS has a low production cost per ton so Lithium prices could basically half and they'd still make money. Forecast prices are sketchy so I try and follow a Fastmarkets or Benchmark, also most bigger companies give guidance on pricing. Throw in PLS downstream ambitions for conversion and it all looks positive. Knowing if markets are in undersupply or oversupply is a huge help too. Not recommending PLS or Lithium in general, just using as example cause their probably easiest for me. Also I listen to every podcast I can on lithium prices/supply from Simon Moores or Rodney Hooper. There's a ton of information out there Reddit, Hot Crapper, Podcasts, Twitter. 🙏


Conscious_Giraffe_14

So basically look for Rocket 🚀 emojis before you buy? Got it.


Affectionate-Gap-166

wow. wtf happened today it's green?


Jason_Tail

Made back yesterday's losses and then a little more. Thanks ☢️☢️☢️


Butter-Brain

Nice to see GTR above 2c again, bags to come ☢️ brothers and sisters.


LycheeLeading

Luggage checking in!


Niemz

Yessir, nice to see a fellow GTR holder


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ChZakalwe

Don't we have that now?


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ChZakalwe

Well, when are they gonna give up options pricing discounts? Cause fuck that $35 per trade shit. Makes selling for premium really fucking unprofitable.


mcfucking

What are you selling 👀


sneakycutler

About +$10k today. Ate into the $17k loss yesterday. 😵‍💫


Markma1989

18 months term deposits in commbank is 3% pa return. Maybe just put money in bank then.


Nevelo

Who wouldn't, at a -5% real yield?


sneakycutler

You are Eeyore personified https://nerdist.com/wp-content/uploads/2018/08/Eeyore\_3-615x461.jpg


raindog_

It's probably better than fucking VDHG right now, which is -1% for me for the last 2 years with top ups along the way.


Patrick_McGroin

How? It's about the same price now as it was 2 years ago, and that doesn't include the dividends paid out in that time.


raindog_

almost as though i topped up a number of times between now and 2 years ago and DRP'd.. and ended up at -1%? That's Unpossible!!!!!


Dude_Chucks

Classic EXR with the dick punch falling from 10% to 3% green at close 🙄


hgttg

Ruined my day...


Jakeyboy29

This may be too much serious talk but the ASX just plods along while it seems the world economies are getting worse and worse. Is this green bubble going to pop?


Zaccyjaccy

Feels like today was an excited buy-in for a lot of people and we won't really get a good picture of what to expect until we've seen more days. Suspect more pain to come this week.


anomaly256

>won't really get a good picture of what to expect until we've seen more days This is true, the future is much easier to predict when it becomes the past


raindog_

The reality is that the issues impacting us are not the quite same as the US. ... but we are heavily impacted by any China slow down (real estate coming back down, GDP slowing etc). So we have to watch those China negatives - some are cyclical, some are bad luck. Our 10 year bonds remain high. AUD is falling a bit against USD though. We're not raising rates like the US Fed is. Bonds remain high yield because we might have a soft landing.... MIGHT.


Jakeyboy29

Thanks for the insight. I’m originally from the UK so read a lot about Europe which seems a mess, especially the UK. And obviously the US has its own issues. Aus just keeps going well in comparison and i just feel it can’t last forever


Simonpink

VML back to dog status.


kangaroute

yeah shall we call it "back in its kennell"


Calm_Lengths

Still grey for the week, so at least we have that going for us


Mutated_Cunt

BCB very dank finish


Mr_X2017

So hot right now.


Webpage9

Red day for daily thread comment count🤰🏾


sneakycutler

red day?


raindog_

Freakin MLX having a day... on what - no news? Ahh. options expiring...


shutterbug87

Options expired without converting.. Are you saying people were holding out to see if they were converted and then dumped on the market… I am not sure if that explains it….


InterestingShow1112

Must be a leaky ship…. Oh wait it’s just ZIP doing fuck knows what. Did help push to a +1.9% though.


litres-of-cum

So piggy backing off my last comment. Whats everyone’s market cap? i.e how much money do you have? And don’t get all fucking weird on me like my co-workers did. Edit: Meaning cash in the bank/invested and home equity


nawot

buck fiddy


wallyone123

~$150k


Sharp_Pride7092

50k...but these shares I hold....


OldMateHarry

50k in stonks and 10k in cash. Considering I had approx 0 to my name less than 3 years ago I've come quite far (also young so no house yet).


FrankGrimesss

About 200k


Markma1989

How old are you?


FrankGrimesss

27


Markma1989

I’m a 33 old fk


tsaund1974

$20 million ….give or take $19.2 million… actually just take…


Markma1989

Still a lot


tsaund1974

If 1989 is your birthday I have 15 years earning on you.


Markma1989

My goal is a mortgage free house, 2 million dollars in vas and just go FIRE.


tsaund1974

👍


Webpage9

Outrageous.This akin to asking a middle-aged woman her age. 🤰🏾


Ozemuss

When are you due?


Webpage9

Outrageous.This akin to asking a middle-aged woman her age. 🤰🏾


Mitchuation

Define [have](https://giphy.com/gifs/election2016-dnc-election-2016-democratic-national-convention-l0HlADMS95lBYXUl2)


sneakycutler

You can start it off:


litres-of-cum

20 bucks


sneakycutler

*And don’t get all fucking weird on me like my co-workers did.* Irony.


litres-of-cum

Didn’t think the /s was necessary


yothuyindi

lmao @ the intra-day swing on CTT, that's some crypto-like shit what a 🐕


WowVeryJosh

All you cunts trying to setup lifestyle companies better back off. u/Kervio and I have that corner pegged down, boots ready to go with choccy milk in hand


Sufficient_Guess2732

I already got 2 shed sides on gumtree one more and I'm listing


kervio

We need a killer name... is "Dare Metals" taking the piss too much?


MooCowLevel

SEX: Subterfuge Exploration. I’d pay for it.


Calm_Lengths

Why not Double Dare Metals (aka DD metals)


Mitchuation

Make it a Super Dry and I’ll give you my $3.50


Church_of_FootStool

Anyone holding AHI is bound to be in a good mood today


Lyingliarnotlying

AHI gang checking in.,average buy price 0.29


Church_of_FootStool

How's your mood? Don't make a liar out of me now


InterestingShow1112

Only if you bought recently ……. Still hoping that it isn’t a scam and worth more than my $1.30 average


KoalaValley

condolences to my *VZ brothers and sisters in AVZ and IVZ. Our waka waka parties have ended in voluntary suspension. Big sad.


Mr_X2017

The ADN scam dream ride has nearly reached its destination. Last one out please turn the lights off.


EMHURLEY

Nope still 5.4 cents to go (down).


TypeJack

Man, tempted by the cheap RBL CCX and VTG. Probably only CCX is only viable one out of the three


paulm1927

Not happy. I apparently have to pay tax on trading profits. Those ausfinance guys and their “buy VDHG”.


sneakycutler

Whens RNU obtaining its PEPR? 😴


cohex

Going from HC screenshots, been submitted and expected to hear the outcome in 2-3 months.


sneakycutler

I added to RNU position last week on the assumption theyd get approved this week or the coming weeks 😅


cohex

I added at the PP price on the way down months ago thinking it was a good time to average up 😅


sneakycutler

🥹 added @ what price? And what is your “average price” now? Edit: My ave price is 0.26 so im about 25% down atm. I would’ve continued to average down but my cost basis is now $73,000 which is about the max im comfortable spending on RNU


cohex

Added more at 0.28. My average is now 0.159. haha your RNU holding is almost twice my entire portfolio! My cost basis is about $3200. Must be fun watching the portfolio bounce around!


sneakycutler

As a holder or NMT and RNU, i've become pretty indifferent or numb to +5% jumps... for eg 2 days ago NMT fell 13% today it rose by 7.6% lol. I only pay careful attention when I want to average down or sell nowadays.


cohex

Sounds like a good way to sit back and let it do its thing.


Triog0n

HC have been saying PEPR is going to drop anytime for nearly a year


check_meat

Any minute in Feb '22


tsaund1974

At least it’s not….(nervous eye twitch)… mid April…


sneakycutler

Wouldn’t be surprised 😅 ​ Edit: I read that as Feb 23' derp.


SpaceYowie

I dont check much anymore because there isnt an historic investment mania on anymore but DW8 bro...life is long bro. I know I probably seemed like an ahole when I said it was probably, like many many stonks, going back to its 2019 value. Anyway...powell pivot...not going to pivot until everyone is rekt. Be back then.


TypeJack

The hotcopper comments on dw8. Ooft


DrizzyDradle

It's pretty insane. It's gone lower than it's 2019 SP. Though now with shit loads more shares on issue so market cap is higher I guess


wallyone123

18 green. 6 grey. Let’s wrap it up. Edit. Up 3.4%. Honourable mentions to DYL PEN AVL AGE BMN. VML fuck you.


TheRubyKnife

Damn, I had to re-count mine several times just to be sure, but exactly the same 18/6 split.


litres-of-cum

What’s the goal here? Are we just trying to make enough dough to live off divvies?


Particular_Love_8811

More steak and cheese.


anomaly256

enough money to make more money that makes more money


rsoule878

Bets in one questions mate. Yep thats the main game and then some for the toys in life.


sneakycutler

Yeh a medium-term goal of 40,000 units of BHP would make me fairly happy and comfortable. Edit: this years dividends = $4.55 (not including the free Woodside shares they gave you) Around the current prices BHP floats around, you'd need about $1.5-$1.6m for 40,000 units. 40,000 units at this years dividends return = $182,000. 🥵


yothuyindi

beat VDHG to have permanent smug power over Ausfinance in any argument


ChZakalwe

Enough money to buy enough blue chips that I can make at least 6 figures a year just from selling covered calls.


HMS--Beagle

Own a lifestyle company


Calm_Lengths

are you setting up the company with u/kervio and u/wowveryjosh? If memory serves me right, they've already sorted out who's boots will be utilised , identified locations where the dirt looks best, and most importantly they have the perfect announcement that includes "please to announce"! I think the one thing they haven't figured out yet is who to pump the announcements to the masses to make it the ideal lifestyle company


tsaund1974

So is u/wowveryjosh …. (Gasp)…Ian Lancaster?


Meaty0gre

I’ll do it. I blag my way through life pretty successfully as it is so I recon I could bamboozle a heap of boomers on HotCopper no worries.


HMS--Beagle

I’d like to apply u/kervio u/wowveryjosh


kervio

Do you know how to drink a dare in the outback?


HMS--Beagle

Of course


litres-of-cum

Srriously fuck you dude. You sit on here buying speccys with us like you’re just another degenerate trying to make it. You already have what we seek! From the interactions i’ve had with you i gather you have like $6m+, literally just fucking buy FMG. Assuming a 14% dividend yield that will be like $100m in 20 years. Asshole.


Mayijoinyou

this came from the heart - beautiful and poetic.


HMS--Beagle

Hmmm maybe you’re right? o_O


Meaty0gre

If I where you I would buy the entirety of SIS. 5.5 million market cap. Literally couldn’t go wrong


sneakycutler

but if you control 100% of the control ... youd actually have to work lol


Meaty0gre

Yeah and “work” on the ASX means every 6-8 weeks write a page of some absolute bullshit about how you’re company is gonna be the next google or BHP


sneakycutler

We are pleased to provide this update ….


Meaty0gre

We have entered into an agreement with a global firm that cannot be named and no revenue yet. But trust us this is big. *insert photo of CEO with a large companies logo in backround*


Blisser_the_Sniff

For her to say, wow he’s not an idiot


A_Anderson151

Wife: "You made all that money on what? A speccy O&G explorer in Zimbabwe? You're a very lucky idiot


Blisser_the_Sniff

that you luv?


A_Anderson151

Yes. Why are there so many images of a man named Scott on the desktop and why are they all topless?


hgttg

My ultimate dream is to one day break even


Meaty0gre

I’m aiming for just 5 figure loses for now, baby steps


tremendous-titties

I just want a hot meal


wallyone123

I just want my kids back.


imapassenger1

2% up thanks to U. Will be 4% down tomorrow. Thanks to U.


BeardFactory

On these red days I always consider selling a chunk of my biotechs to try and buy back in lower but I don’t think it has ever worked in my favour so I’ll just wait for the next positive announcement 👍


Meaty0gre

Please tell me you are not in DXB and/or ADO


BeardFactory

AGN babyyyyy


CardiologistWorth124

Ado is doggin me hard. Don't have the guts to sell... I'll see it die. Isn't worth the fees to sell anyway hahaha


Meaty0gre

I held it for around 10 years hahaha. Was a wild ride. Rich or broke to rich to breakeven 😂🥹


CardiologistWorth124

I def am not breaking even hahahaha


desperaste

Another day, another 10%+ growth in CAU. It’s official - weed is back on the menu.


tomtomallg

Tell that to zld 🫠


willrjhan

When will IR1 stop ffs


EMHURLEY

Wow never heard of it but it’s been a ripper!


willrjhan

Listed as a gold explorer last year, 6 month trading halt this year and now they're a lithium explorer with 42,000 acres in the US 🤷‍♂️


Party_Theory_572

Is there more value in the gtr options then the actual shares? Off the back of the changing of sentiment about nuclear power I see uranium stocks running from here and would like to know.


Temporary-Kick-8197

What do we reckon, will the nuclear stocks go up again tomorrow? like 92E, LOT and BMN and PEN.


Temporary-Kick-8197

Praying 🙏🏼🙏🏼


kangaroute

hell yeah. hell no. heads or tails


Temporary-Kick-8197

With 92E having an almost 10:1 buyer to seller ratio is future does look promising


Razorzej

(Shakes magic 8-ball)


Sharp_Pride7092

Snorts 8 ball.


Zaccyjaccy

Got a bad feeling this is a meaty little bounce from the dead cat, anyone else as hopeless as me or am I worrying for nothing?


Mayijoinyou

let's just enjoy for now please man , kinda need it


Meaty0gre

Meatyogre bounce IMO


GeoSciFi

Hmmm, should we be excited or concerned, u/destined2bepoor?


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GeoSciFi

Genuinely conflicted as to where I sell half now, $4 or try be greedy and hold out for more, which has burnt me many times in the past. Anyhow, happy with doubling down at avg $2.4 over the last few months, and will let that ride 12 months, wish it was $2 avg but can’t win everytime.


afeng32

Where my PLS peeps at


Asxpuntingmuppet

👀


InterestingShow1112

Hope you didn’t sell your AXE yesterday or this morning 🚀


LazerNips89

I sprayed myself with it this morning, does that count?


throw23w55443h

PDN sliding a lot over the day compared to other uranium stocks, guess a bunch of people wanted out after the last weeks pump and dump.


yothuyindi

any of the $BECKY crew here ever looked into BST? (if it even counts, lol... maybe it's a $KAREN stock instead) old-ass clothing company been around forever but only listed on the ASX last year, heading into higher interest rate environment so people possibly spend more of their $ on ghetto clothes, coming off a year with thousands of days lost to Covid closures and still very profitable... 🤔


Nevelo

It would be Best if it were for Less.


yothuyindi

currently trading on \~8 x earnings as of this current market update, that's cheaper than most of its other peers


Nevelo

Yeah. Latest divy puts them at 8.5% yield. Being a recent IPO hard to get a bearing on consistency though. I notice their FY19 results in the prospectus was only $14m NPAT and in FY21 they had a $9m jobkeeper boost. Might be one to watch. They went as low as $1.90 in June this year. Macro for discretionary is tough.


MonKeyBonezz114

Ughhhh IHFuckingL


Luxim_

IHL was once my pride and joy.... now it is my red headed step child.


Neither_Pea_5305

Nearly two weeks since it last had a green day.


Mayijoinyou

Hey it went green a bit today ... it will come back


skullofregret

Short interest quintupled between 16 and 23 August


coastie_trader

Sitting on then sidelines watching ASN triple bag has me wondering when the fuck VML will make it’s move. RIP me.


Calm_Lengths

If i dumped the $20k i threw in on VML (recently), onto ASN or even LNR, i'd be up a few bags too... But I trust that VML will have its day in the sun too, can't be long now given the impending news flow


coastie_trader

Wish theyd fuckin hurry up


Ruskiwasthebest1975

Its testing the patience. That i dont have. 😂


Calm_Lengths

Kipwa DD is meant to be coming out soon (end of September) - lets see if we actually acquire it Or as others have pointed out - a binding offtake with UCore (instead just a non-binding offtake)


coastie_trader

To avg down now or not. Fuck!


Calm_Lengths

This is the eternal question, my 4c order is not likely to be filled (expires tomorrow i think), but then again my 4.1c share order filled recently along with an older 4.3c order. I think I'm a tad too balls deep on VML but I'm glad to be averaging a nice 4.8c now


coastie_trader

Hmm. I will be about 5.3 if i do it now


Calm_Lengths

If you average down at 4.1c, you might only drop another 0.1/0.2c so I guess its worth asking yourself is it worth sweating those pips (especially if you are aiming to get out with a profit or break even)


coastie_trader

I know. No big diff really


Sufficient_Guess2732

Wait a second! while everyone is drilling for resources who is selling the drills?


rsoule878

1300 smiles. Great drills and do dentistry as a sideline.


nohorncap

I think the ticker = MAD which is not so much drills, but maintenance. Previous DD: https://reddit.com/r/ASX_Bets/comments/k5mkbs/mad_mader_group/ Big cheese = CAT 🐈‍⬛ on us markets :)


Sufficient_Guess2732

👍


GeoSciFi

BLY are one of the big global drill services and tools suppliers.


InterestingShow1112

AQN


Luxim_

Haha I can actually answer this! I was an accountant for one of these firms that made a killing. They would import the drill rigs from Italy, and then import them to Melbourne and then freight them to Western Australia. The company was privately owned unfortunately.


Sufficient_Guess2732

Well it sounds like they made money so didn't need to do capital raises


kervio

ASX:DDH


Crumpy88

Ozito


coastie_trader

Barry


tsaund1974

His drill is a bit fleshy for hard rock…er according to a friend….


maxfaulkner

Just one green stock in my portfolio would be nice.. all red on a green day… wake me up when September ends


GeoSciFi

no lithium?


maxfaulkner

A lot in my watch lists but none invested in. I’ll probably buy at the top of a boom


shitredditsays01

Just when I think I'm down and out uranium pulls off a miracle BMN you son of a b...i love you!


Hagrids_beard_

Give it a couple of days


Mayijoinyou

boooo , gtfo with your common sense


Gombawomba

Back after a year or so of not really paying attention to my holdings, doing quite week which is nice. Is anyone able to give me a quick rundown on what is happening with VML atm?


Mobile-Rice-8889

They released a bunch of solid announcements and everything is on schedule. But the share price ain't doing fuck all until they provide transparency around the profit sharing arrangement with reetec or produce some other unexpected good news.


Mysterious_Value_764

It's a strong grey


whenwilligetrich

Grr its so painful