What’s your big gamble? (Volume 4)

[anonymous-user]

GPH said:

I get your point but I don't understand why you think there is an option to "wait" and this will get more money?
Wait for what to happen that will increase the price? They have waited as long as they could.
The option they are going with now is clearly the best of the bunch they received as they stated in the last RNS.

Edited by GPH on Friday 25th June 15:27

EUA

By selling assets you may get 10% of the in ground value now. If they chose to mine them themselves they may get 50% of the value over next 20years.

As I’m old I want the quick money now. If I was young I’d take the 50% later.

There are so many permutations with what EUA could do. My take is they’ll sell stuff now then rinse/repeat as they prove up more licensed areas over time.

[JustinF]

keo said:

g4ry13 said:

SPCE looking good pre-market. I just saw that they got FAA approval to begin space travel.

I was quite a bit down on SPCE was tempted Chuck some more in when it dropped to $16/17 but I held off just incase it got cancelled again. I’m still 75% up but can’t help thinking what could of been! Haha

I think it will keep going up but I struggle to see the value init. But suppose space travel is supposed to be the future?

There's also a lot of shorts against it that will be now bricking it, it could move into a squeeze

[cheeky_chops]

saw this and registered with freetrade - if you deposit a £1 before 30th you can get upto £200 in free shares so thought id give it a go/gamble!

I also bought a few more EUA!

https://magic.freetrade.io/join/paul/db5655f0 (referral so i get one too)

[g4ry13]

Smith & Wesson still seems to be performing rather nicely.

I got my BP dividend through so just threw the money at buying some more BP shares. Money makes money, right?.....

My short/meme stock profile isn't doing well. One which popped up on my radar was Arcimoto (33% short interest). I quite like the chart now but it's another EV producer and the product looks like a turd. It's been doing well though and i'll mull over chucking a little bit at it.

My Nasdaq / FTSE trading has been non-existent over last few weeks due to moving and not having internet which is a bit gutting as the indices have been on a tear lately. Hopefully they drop a few hundred points so I can get back to buying.

[GPH]

MikeStroud said:

GPH said:

I get your point but I don't understand why you think there is an option to "wait" and this will get more money?
Wait for what to happen that will increase the price? They have waited as long as they could.
The option they are going with now is clearly the best of the bunch they received as they stated in the last RNS.

Edited by GPH on Friday 25th June 15:27

EUA

By selling assets you may get 10% of the in ground value now. If they chose to mine them themselves they may get 50% of the value over next 20years.

As I’m old I want the quick money now. If I was young I’d take the 50% later.

There are so many permutations with what EUA could do. My take is they’ll sell stuff now then rinse/repeat as they prove up more licensed areas over time.

sure of course, but we weren't discussing the option of keeping them for 20 years and mining it themselves as a "wait" option just what they can get now.

I'm delighted with the latest plan not to sell the whole company but to sell off everything except the Rosgeo JV project as we get the asset sale money now and still keep our shares.

As they have now set up the next mine as its own individual company it looks like they will do that with all 8 of the joint venture mines and can then easily sell them off one at a time - so as you say rinse and repeat for years which will be amazing if we get 8 special dividends over the next 10 or 15 years.

[EarlOfHazard]

g4ry13 said:

Smith & Wesson still seems to be performing rather nicely.

I got my BP dividend through so just threw the money at buying some more BP shares. Money makes money, right?.....

My short/meme stock profile isn't doing well. One which popped up on my radar was Arcimoto (33% short interest). I quite like the chart now but it's another EV producer and the product looks like a turd. It's been doing well though and i'll mull over chucking a little bit at it.

My Nasdaq / FTSE trading has been non-existent over last few weeks due to moving and not having internet which is a bit gutting as the indices have been on a tear lately. Hopefully they drop a few hundred points so I can get back to buying.

Bought more RDSB with my RDSB and BP divs earlier...

[Aiminghigh123]

Not a bad week here. Small rise on most shares with a couple of gambles that popped up.

Shell/BP divi reinvested so a year since I got them the divi has paid me 5% average. Not gamble thread I know but steady gains I hope for next 30 years.

[anonymous-user]

GPH said:

MikeStroud said:

GPH said:

I get your point but I don't understand why you think there is an option to "wait" and this will get more money?
Wait for what to happen that will increase the price? They have waited as long as they could.
The option they are going with now is clearly the best of the bunch they received as they stated in the last RNS.

Edited by GPH on Friday 25th June 15:27

EUA

By selling assets you may get 10% of the in ground value now. If they chose to mine them themselves they may get 50% of the value over next 20years.

As I’m old I want the quick money now. If I was young I’d take the 50% later.

There are so many permutations with what EUA could do. My take is they’ll sell stuff now then rinse/repeat as they prove up more licensed areas over time.

sure of course, but we weren't discussing the option of keeping them for 20 years and mining it themselves as a "wait" option just what they can get now.

I'm delighted with the latest plan not to sell the whole company but to sell off everything except the Rosgeo JV project as we get the asset sale money now and still keep our shares.

As they have now set up the next mine as its own individual company it looks like they will do that with all 8 of the joint venture mines and can then easily sell them off one at a time - so as you say rinse and repeat for years which will be amazing if we get 8 special dividends over the next 10 or 15 years.

I’m completely happy with that plan. But prefer it 10-15 months not years as I don’t want to be looking at Aston Martins in my 60s I want one now !!

[abucd4]

Decent day today with getting into HE1 before today’s rise and EUA showing a bit of a rise too.

Long may it continue.

[Adam.]

GPH said:

I get your point but I don't understand why you think there is an option to "wait" and this will get more money?
Wait for what to happen that will increase the price? They have waited as long as they could.
The option they are going with now is clearly the best of the bunch they received as they stated in the last RNS.

Wait = progress on their own with more sample evidence to enhance price, say “we received a number of bids but none met our valuation, we will reconvene the sales process once we have proven our assets” (and commodities prices higher.

I suspect the current offer may be the only acceptable or progressable one

What is your dividend estimate ?

[Aiminghigh123]

Who’s been holding HE1 since they listed. Mega FOMO here. FFS

[GPH]

Adam. said:

Wait = progress on their own with more sample evidence to enhance price, say “we received a number of bids but none met our valuation, we will reconvene the sales process once we have proven our assets” (and commodities prices higher.

I suspect the current offer may be the only acceptable or progressable one

What is your dividend estimate ?

yes indeed.
one thing in the annual report that calmed my nerves was thinking they have had the current offer since the Rosgeo JV deal was announced in March (as they said this offer only came in after the joint venture was announced) and therefore it's been 3 months now but skimming the report said that the current offer arrived in May so it's only been 6 weeks or so which is a bit better!

Dividend estimate? Back in February when we were guessing on here I said £1.60 for the whole company.
since then the ACF research report was revised in May with more up to date metals prices and they stated that they used Very conservative price calculations, did not include Rosgeo and still came up with a valuation of 71p so i really don't think that expecting to get £1 is unreasonable and I would be delighted with that now we keep our shares too.

https://acfequityresearch.com/eurasia-mining/

Maybe the new suiter, who came along only after the Rosgeo deal, said they would beat the other offers if they get first dibs on all the future mines? there are just so many permutations of what could happen.

The most anyone has paid is 45p a share so 90p would be a ... substantial ... 100% profit for all and as most people are averaging no more than the low 30s then £1 would be 200% profit for most so I think anything over £1 would be a big bonus.
Fingers and toes crossed here

Edited by GPH on Friday 25th June 18:09

[ALawson]

Aiminghigh123 said:

Who’s been holding HE1 since they listed. Mega FOMO here. FFS

Only got £1k at 19p. If it gets to 40p I will take my initial stake out.

Good to see EUA and SNG having a reasonable week.

RMS needs to have about 15 similar days

[vulture1]

Sometimes it is hard to tell if all my yank stocks are up or just the £ fell a bit in value

[Adam.]

GPH said:

Maybe the new suiter, who came along only after the Rosgeo deal, said they would beat the other offers if they get first dibs on all the future mines? there are just so many permutations of what could happen.

The most anyone has paid is 45p a share so 90p would be a ... substantial ... 100% profit for all and as most people are averaging no more than the low 30s then £1 would be 200% profit for most so I think anything over £1 would be a big bonus.
Fingers and toes crossed here

Thanks, god I hope you’re right

[Mr Overheads]

Spectacular day with 30 mins left to go. Mostly due to my biggest holding SPCE gaining 40%

EUA and HE1 also having good days.

[TCX]

Decent day 12%up,eua,Znwd,emh,GGP all up
Topped up another 50k shares eua,final time,regarding the current possibility dividend,all good imho,but full scale mining I'd rather leave to the big boys,get money now/ near future,continue to develop remaining resource/s,proof of concept small scale operation,sell on.
Similar situation GGP,only reason they've been worth anything is the NCM connection

[I Love Cake]

Finally a decent week for me, up 100pc on KOD, so took my stake out. Today up 116pc on SPCE, so took half out. Wish I'd been wise enough to do that a year ago!

Hoping todays rise from EUA is a break from the slide and news is due.

Have a good weekend chaps.

[anonymous-user]

I Love Cake said:

Finally a decent week for me, up 100pc on KOD, so took my stake out. Today up 116pc on SPCE, so took half out. Wish I'd been wise enough to do that a year ago!

Hoping todays rise from EUA is a break from the slide and news is due.

Have a good weekend chaps.

Good plan imo by taking your stake out for a free ride on KOD and SPCE. Well done. Last time I heard from you I thought you'd given up on this and were going to focus on the day job! Hope that worked out well after covid. Looks like the shares doing you well too.

[Super Sonic]

02 accord type R as a daily driver.