By - AutoModerator
Working a 9-5 really limits your ability to analyse the markets
Its called “the runs”…….nobody asks for proof you know……
Do it on the commute?
You're working too hard
What a day
A few days ago someone said AEE was looking good. So I bought some now it’s looking better. So to that person thank you. I don’t know who you are. But I hope I meet you on the moon.
Cheeky day trade on 4DS would've been fun. Up 4 pips today.
NYM up 56 percent on no news
Bought some PFT shares through the capital raising that came through today. Do I fix my average price to account for how much they costed, or do I keep the average price for those units at 0 and pretend I am in a profit of 40%?
LOV finished up 7.2% now up like 15% over the past 3 days. From a TA perspective this is asking for a dump as soon as the momentum runs out.
Well done ASX, was 100% sure it was going to be a bad day, happy to be wrong.
I was down all day and somehow finished green 🤷🏼♂️
I was also down all day, and somehow still finished down 🤷♂️
IHL Financial Statement dropped on us 5mins before close - hardly matters at this point though. Decent cash balance on hand.
Losses up 31% from $11,372,799 to $14,903,909
Assets up from $9,328,795 to $37,879,608
Liabilities up from $755,049 to $2,010,533
Net Equity up from $8,573,746 to $35,869,075
Why didn’t they do it tomorrow morning?
Legally has to be in by 730 tonight I think
Wonder if this contributed to the surge in CAU’s price at the death. Ditch IHL for CAU plz
IHL went from 0.230 to 0.235 on close, what are you talking about?
Please help me understand this.
Isn't this really, really bad? Isn't extra loss bad? Tell me I'm wrong and have no idea what I'm talking about.
Losses have increased but assets have increased by far more than that. They made a large acquisition recently, which costs money and means there are now more ongoing expenses because the company is larger and has more projects underway
Have a read of their recent investor presentation - in particular regarding their near-term revenue priorities, and aquisition of APIRX.
They are well-funded for the next 3 years of developments.
I have no idea what I'm talking about...assets up 400%...net equity up 400%...surely there is something UPbeat in those numbers. Dunno.
They raised money to spend on trials, they'll probably lose more money too. Not remotely unexpected that they will burn cash fast - depending how fast people expect may change the shareprice, but i doubt anyone is looking at these numbers in horror.
Day turned out ok in the end, +1.57%
Nice closing action on IMU, ZIP, HAS helped
Same, +1.29%, heavy lifting done by 1AE, 92E and BOE. Dragged down by IVZ and WDS but still a good day.
Bruh IMU late has pushed me to +5%. What a fkn day
Genuine question. Was ASN a surprise to most? I missed it. Felt like it only had a few mentions before going pop. Am I the only guy watching on the sidelines. Who was first to mention it prior to June ?
I got in about 18-20 months ago when someone here mentioned it. I think it might have been Stinky or Rsoules?
At 9bhags of profit, I wish I hah had the balls (and money) to buy more than the $2.3k worth I got, but $20k (paper) profits is awesome.
Got in mid last year at 9c thru to 9.6c. long wait and lot a shite thrown at it. Fell out of favour on Bets for a few reasons. Not a surprise just patience and will follow similar track to LKE. Still risk on DLE but lithium resource is solid for large scale extraction now. Bromide is a bonus with Tetra mou offtake??? Tba
There was a lot of buzz about it before and during the CR last year, but it went quiet because it's been a bit shit lately before this run.
A lot of asx bets people participated in the CR because there were a tonne of questions back then about how the options worked.
All right I dabbled in it because u/JSwyft might or might not have….
Haha then please credit u/Triog0n, as I only took a proper look at it due to our random discussion in October or something. ASN's promise was hidden under the PEA fiasco, so I'd dismissed it previously.
u/kervio may've been one of the originals...
Ok thanks u/TriogOn u/kervio… however, you were the one with the street cred though swyfty!
u/Jswyft I think u/itsdankreddit was the OG
I thought it only recently got the u/JSwyft tick of approval
I don’t even think it did then… like I said he may or may not have traded when it went below the last CR price… that nebulous statement was good enough for me! Shame I sold it when it last hit the 20 cent mark!
That's still got to be close to a bag!
Yes I believe that’s what triggered the sell as I had been burned badly not selling IOU PUR VUL PNI when I was a bag or two up… didn’t really learn though as let GRR ABB slide to much more mediocre gains before selling…
Gains are gains though! In 2022 plenty of people have gone backwards. Like my DSK holding 😑
Oh and DSK went up over 6% today so chin up! I havent been following, what sort of divvy are they going to pay?
I think about 10c for the half... the divvy is pretty good.
Yes when I was sitting on -35% earlier this year I wouldve killed for a few more stocks being up 20% or more... and thats after I sold all of my DSK ADH ING KGN and most of my AX1 in early Jan! Putting all that money into mainly lithium stocks was technically the right move but wasnt at the bottom apart from LTR and some smaller parcels of PLS CXO SYA!
Good play though! Out of becky and into lithium couldn't have gone much better!
It's been around for ages, most who hold probably were in last year around this time during its CR at 9.1c with bonus options (like LKE did on their 35c option CR with bonus options).
It's languished between 10-18c for ages but never really popped unlike its other lithium friends, so lots got impatient....
thanks ! I like to follow the smoothbrains that do the DD. Cheers
Another cheeky double digits day by CAU where my boys at u/alkaros and u/softservecone hope you’re rich gents
TENDIES ON THE DINNER MENU BOYS 🚀🚀😤
Nah more like it’s barely enough for lube for the reaming I’m getting from all in decision dumbfuck diamond hand dog IHL 😭😭😭
Another 10% tomorrow I reckon 🚀
Yeh look, perhaps. It’ll continue to grow until the div date then it’ll shed a bit. Had a price target of $1 by EOY but that was before the war in Europe and inflation pressure. So maybe closer to 80c now
AGE closing at a daily high is nice. Hope uranium has plenty more left in the tank.
Uranium bull run hasn’t even started imo.. wait until Europe goes into winter, re-feeding begins and sprott starts buying up anything left on the market 🤑
It’s becoming frequently mentioned on WSB which can only mean one thing
They venture onto the ASX?
VML finishing one pip down id call that a win after todays madness.
All these financial statements make me wish I knew how to read.
In the pre-CSPA period, NMT rose from +1.487% to +3.346%. Wild.
GoiNnnn fOooRR a JJJjooGg ASN
IHL literally dumping their report 3:55pm. Chad move tbh.
Perfect time to a brief pause of trading until the end of day
How is it? Can't read it at work 🥲
For IHL it barely matters imo
So, when is MAY going to declare that they're the new Saudi Arabia?
Oh you can be such a @#$_&-+ comrade. Eat your velvet cake and be a nice chublett.
You still holding ASN 3 plus bags now
Apologies 2 plus bags
Anyone else hinging their sanity and mental health on IHL's earnings report not being completely horrible?
Edit: it should be released sometime within the hour... Before COB
That's it LLL, you're getting there... on your way to 70 cents where I need you to be.
Steve and Geoff are probably going to start their own company, Vital Lake Resources.
so long as there's a shed with 4 walls, I'm all in.
Have you done your DCF lad?
Clearly not. 🤣
Good announcement for the GLN gang :)
u/GeoSciFi how big is your pool room gonna be when PLS gives you that mansion?
Will head down to Bunnings this afternoon to buy a new tap measure! ;)
How many PLS units does Geo have?
Not enough I'm sure
Was it SP performance? What was the exact criteria
If IVZ finishes on 27c I'm taking it as a win
Even if I'm still down $20k
ITS A WIN
I never could have imagined I'd be so happy to lose $80k in one day
Not a holder but i seriously thought it'd be closing at 20c today after that raise and no big news. Thought about getting in if it dipped that low. Shows how many holders and believers there are i guess.
Hope is a hell of a drug
Asn your a freak
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VML - - - - So I've been out all day unable to access my PC. Now I am able I am keen to know who has sold out of VML and who is going long. My 4c order got filled this AM which I would have cancelled had I been able to read this thread. So now VML is my biggest fucking holding of course. I'm keen to know everyone's plans from here if you don't mind sharing
Holding. They still got the shit in the ground that isnt chinese ground. Im hoping they hire some PR Superstar who can create some much needed pump cos im well tired of this slow dive when so many dogshit companies get get some huge nonsensical spikes. I want some of those 😂
Shit announcement, could have been worded so much better to calm holders.
Still holding 1.2m, first purchase almost 2 years ago. Maybe Geoff has served his purpose? They have the technical aspects going and are now a producer. Maybe this is the right move? Someone to get VML out in front of the small group of producers outside of china. The role becomes more strategic than technical, in my opinion.
I'm happy to hold on this one.
Thnx mate, almost seems as though doomie is the only seller
We all gotta decide our but and sell terms.
Doom is actually the biggest loss here for me! He has brought through so much research.
I think VML will be ok.
Bought more today. This is going to go next level now.
I watched Geoff recently presenting in Canada. He had the same thing to say as he did every other time. Ultra conservative and waiting for the West to create the the sovereign RE sector.
Fuck that. Just dig shit up and sell it.
VML makes up about 14% of my portfolios weight, and IXR an additional 19%.
While I only have a few hundred thousand shares acquired over the better part of two years - relative to my net worth it's quite a lot of money to me. I was a bit shaken when I read the news this morning, especially hearing of Doom leaving, as he is part of the reason I got into VML, but I also decided just to wait and see what actually changes with Geoff leaving and someone else stepping up.
As far as I'm concerned the news flow in the next two months is what I'm looking at, nothing has changed that drastically for me.
I'm going to top up once more if I can bring my average down (4.21c) but I don't know how much more risk I'd take on above that, given the uncertainty of the market has slightly risen.
Edit: I will add that I liked Geoff, and I believe Geoff was passionate about the projects, but there has been a lot of opportunity cost the past two years and I'm keen to see if we will finally see some tangible value added.
Thanks for sharing mate.
Lol sounds just like rehab
Haha look at this point if VML goes up or down by more than a pip I'm in shock, I've grown so accustomed to that homely grey.
2.5c IXR when?
Picked up 550k units of VML today at 4c
Average price of 4.6c with a total of 1,550,000 units now 🤑
It's also my biggest holding with no real exit plan.
As I mentioned earlier in the thread, I'm holding my \~1.45million odd shares (averaging 4.8c) as I still believe in the RE story of VML.
Geoff leaving definitely does change things for the strategic future of the company, so could impact the Kipwa acquisition, Tanzania's prospect and even stage 2 of Nechalacho mining/production. That said, there is already a pathway set in stone, REETec & UCore offtakes, SRC MoU and broader indigenous peoples & government support. More importantly, we have first product out in October which hasn't been delayed (as of yet) and if it meets REETec requirements/specifications, we could be off to the races!
However, if any of these more fundamental things change, then I will definitely reassess my holding position and whether or not, I join the list of people selling out. I'm giving Lionhead the benefit of the doubt here, especially as things start to get to the point end of the stick. October will essentially make/break VML
My largest holding.
And will keep holding until the moon.
Now I have had a few hours to think about the departure of Geoff.
There must be some valid reasons
Maybe he was driving the company as fast as it should be growing as he may be to driven on perfection, running too many tests.
I don’t know.
But what they have is still a good thing.
Their processing plant is nice and simple
There in production
There land holding is great.
Holding for the moon or until they either get brought out or drop to 0.01c
Some one here a while back shared a post
On an invested that read into a company at $1 a shared
It kept dropping
But the numbers were still good
They kept buying even tho they dropped to 10c
5 years later they were $5 a share.
Everything still there apart from the CEO.
thank knee. most seem to still want to hold
I have a tiny holding of VML but am exposed to RE through IXR and held VML previously last year. While it's a big shake-up, I'm keen to see what fresh leadership can achieve. Obviously, VML has languished for quite some time so hopefully Lionhead management can improve the SP. I'll be waiting at least until October to see what happens
seems most will be holding except for doomy
Not sure what will happen with Atkins' shares but I bought some more at 4c today. I don't think Lionhead is mucking around, happy to buy an extra little parcel at their buy in price.
Context- planned for a long hold since first buying in
Better a 0.04 than a 0.05 or 0.06 🤷♂️
You are also currently green as it stands at 0.041-0.042
no my avg is 052 i avgd down today
oh...... well better than it was......
Well I bought in today at 4c and I'm holding for at least a year - new holder who took his IVZ tendies and getting some RE exposure. Keen to hear what everyone else thinks as well and it's quite attractive at the current price
edit i mean 4c
think you mean 4c. yeh i avgd down to .052 today.
My plan is not to buy it
So what are you gonna shill instead? WOW? SES? BHP?
When have I ever shilled wow or bhp? 🤣
I'll admit I got SES completely wrong though, touche
But for now and the next year or 2 it's LOVisa, because just like Lovisa, I LOV your great red attitude
I don't know for a fact, I just know it's true.
You don't even know what flag to wave
I was just looking at my VML holding and wondering what to do with it. It’s not my biggest by any means, but it’s probably the one that’s been sitting in the red for longest with not many signs of improvement.
So I guess I’m still long but questioning the opportunity cost of that money which could be redeployed.
I had similar feelings about IVZ when it just did nothing for over a year, perhaps it's worth sticking it out for a bit longer for major catalysts and then selling?
there is news expected soon so maybe a few more months its worth holding....
ASN, you beautiful, beautiful thing.
ASN ESS doing well
Does anyone know whether CFDs are paid dividends?
yeah if you long shares cfd. No franking credits though
You could just google this and the top answer says it, the answer is even by asx themselves
u/username-taken82 I don’t understand options but I’m guessing this is a retarded question
Upvoting for accuracy
They aren't options, but otherwise you are correct. 😛
I always thought they were the same thing. Just read description the pretty much says the difference is CFDs you are obligated and options you are not?
For the standard CFDs that most people trade, it is much more like sport betting. No shares are actually traded, you are just making a punt about which direction the stock will go and if you are correct you will get paid out depending on the difference in price.
Options are basically someone selling the option to buy their stocks for a particular price in the future.
What’s up with BHP? smh
how do you assume or deduce im a boomer from that? 😂
mob back to earth.
His family have come home
And my wife’s boyfriend.
Deep Yellow (DYL). The gift that keeps on giving. Best ASX uranium play.
DYL has performed amazing compared to its peers this past week, solid company.
I think they are sniffing out another acquisition as we speak.
I’m only -13% now 🥇
Don't FOMO next time
I think bad timing more than FOMO. I bought into different U stocks at the same time. Some up some down.
What are your holdings currently?
ACB AGE BMN BOE DYL LOT PDN PEN15
About $16.5k shared.
Some nice picks in there!
The ones I don't own there are AGE and LOT, while both sold picks decided to get EL8 and SLX instead.
ACB is massively undervalued, and the ETF's will have to buy them again on the next rebalance.
I actually think it was, wish I had put more research into individual uranium stocks a few months ago to pick this up. I think the 65% increase in a week has me extremely cautious.
With Uranium I'm all in on DYL now after the Vimy merger. I think Borshoff (and his team) have the best chance of delivering
can they produce this cycle?
DYL won’t be producing before 2025/26
Are we there yet?https://youtu.be/xycnv87N_BU
Bit devo Geoff didn't even get a thanks. Wonder if we will see a dump from him, he had about $4m worth of shares
Doesn't make sense for lionhead to give em a fat stack of cash and then crash it. Probs wanted to speed things up with the expected hype of RE as Geoff was taking things slower (but safer)...
All the options and shares Geoff and his mates got were probably thanks enough.
Come on 4DX! Please make me slightly less poor. Hopefully this leads to actual revenue, not the joke revenue from imed.
Tso with a phat gold hit
IVZ and VML coming back. Both with pretty good support on the built
Shut the fuck up FFX, nobody cares any more
Haha, gold, so many announcements from that mob since I bought in last year. Every other day it seems there’s some sort of announcement. Need their own email folder.
Yes, waiting for the reviewed announcement...'oh, we meant 13.7%, not 137% increase"...or whatever it was...
We have so much gold we can't even afford to get it out of the ground!!!!!
"AH HA HA HA HA HA HA"
Some of us do care still, but like fuck they have enough credibility for me to believe them. Fuckers don’t even pay their bills.
Congrats /u/yothuyindi on your DRE punt, I was going to follow you but I was too scared. 👍🚀
heh thanks, I've actually been holding it since Oct 2020 and it did nothing for ages... just speaks to the value of patience + luck more than anything else really
I don't usually invest in speccies in general
I don't know, that sounds like a fucking lie to me.
Bretto, given that you're in AR1, that does not make sense. it's not too late...
holy shit. RIP Joe Rogan
We all went to Google.
Even i downvoted myself
I bought AM7 near market close yesterday. Witness me.
Damn bro you deserve those gains. Very ballsy move given the pullback on that chart
Can't believe NVX is still over 1bil MC. That cashburn in 1 year is eye watering and all for just the 10ktpa. Then its another two years and who knows how much money for 40ktpa and at that point they should make decent money.
yeah but something something Jeff Dahn
Ok PLS I’m happy for you to go to ATH today rather than the end of the week 👍
If PLS doesn't hit $4 by Xmas, I'll donate $100 to whatever Qlds koala charity is.
that sounds like a bet to me u/mcfucking
Ok I’ll do my first bet x2 on u/destined2bepoor s bet. u/mcfucking
Also to add complexity I’ll do the donation even if it does… not much of a bet really… 😉
🦄 Fair play to you. Will take a note of you amendment 👍
Yeh fair call.
VML grey day incoming?
Imagine that lol
Could have been worst haha
I'm happy with where it ended
Aug 10: buy [email protected]
Aug 31: sell [email protected]
result: +$413 (+20%)
its not much but its honest work