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lgrif
Posted on: Feb 24 2020, 04:59 PM


Group: Member
Posts: 524

IF Ozzie Company HB11 can successfully develop it's Boron-hydrogen fusion project Bill Gates nuclear energy plant ( & most others) will be obsolete.
Currently that's still a big "if".
I missed Scomo's Friday speech, did he specify Gov grants to this project ?
  Forum: Off Topic Chat

lgrif
Posted on: Feb 17 2020, 01:49 PM


Group: Member
Posts: 524

Hi. That's weird. Did the US bank exchange an asset, say cash, for an asset "Gold" ? ie did it in fact buy gold?
I'd never realised that when the UK central bank buys and sells gold overseas it is in effect importing or exporting.
  Forum: Macro Factors

lgrif
Posted on: Feb 4 2020, 05:58 PM


Group: Member
Posts: 524

Thanks Nipper. I knew ASX code for Titomic was TTT & didn't realise on Sharecafe a different company was allocated the same code.
Titomic finished up some 19% today, but still hasn't broken chart downtrend.
  Forum: By Share Code

lgrif
Posted on: Feb 4 2020, 01:07 PM


Group: Member
Posts: 524

Sorry, wrong company. I'm referring to Titomic of course.
  Forum: By Share Code

lgrif
Posted on: Feb 4 2020, 12:56 PM


Group: Member
Posts: 524

TTT was up 32.5% today; now up ~ 22.5% it seems. WTF ,no announcement today & yesterdays quarterly cash flow report was inconsequential.
Either an announcement re a sizeable sales contract coming or a speeding ticket, ( or both).
  Forum: By Share Code

lgrif
Posted on: Feb 4 2020, 12:56 PM


Group: Member
Posts: 524

TTT was up 32.5% today; now up ~ 22.5% it seems. WTF ,no announcement today & yesterdays quarterly cash flow report was inconsequential.
Either an announcement re a sizeable sales contract coming or a speeding ticket, ( or both).
  Forum: By Share Code

lgrif
Posted on: Jan 31 2020, 07:37 PM


Group: Member
Posts: 524

Yeh Mick. It's a slow grind. Iv'e not seen anything about trials/sales etc inCalifornia, have you ?
Also, in view of the cash burn, I wonder if they should currently be trying to obtain sales in other countries at this stage,
I don't hold (yet), but would not like to see a US company take them over cheaply in a forced sale,
  Forum: By Share Code

lgrif
Posted on: Jan 24 2020, 05:22 PM


Group: Member
Posts: 524

Hi Mick. My thoughts are cal year 2021 will be the "make or break" year, with year 2020 showing increased sales, but below break even point. Therefore, I'm thinking there will be at least another capital raising within 12 months.
That new loan at 12% , although for only a small raising, indicates either the funds were needed quickly or lenders were thin on the ground, or both.
For ~ 2 years I've been promoting their product to an Aussie civil engineering friend. His views are once this product has stood the test of time as to safety, wear & tear etc, I'll consider using it. Till then his neck's on the line & the personal risks in his view outweigh the probable benefits. Test results to date cover ~ 3 years ? & he wants to see much longer tests results.
At least Eden has a 3-4 year jump start on competition & results to date seem excellent, but patience ( & more fund raising) may be needed.
  Forum: By Share Code

lgrif
Posted on: Jul 15 2019, 12:40 PM


Group: Member
Posts: 524

Several months ago I tried to calc Ede's break-even sales figure & phoned the firm asking for their gross margin to sales, only to be told "they don't publish that". With a lot of guesswork, I think cash flow break even might require sales of ~ A$ 10million p.a. But dyor.
  Forum: By Share Code

lgrif
Posted on: Jul 9 2019, 12:41 PM


Group: Member
Posts: 524

Thanks for the article. The market has shown a little bit of interest in Clq over the last ~ 4-6 weeks, after a long period of going lower.
On memory the predicted IRR wasn't magnificent. Whilst it's a long life project, at $1.5 billion the projected cost is massive, esp as lots of infrastructure is readable available.
  Forum: By Share Code

lgrif
Posted on: Jun 7 2019, 04:51 PM


Group: Member
Posts: 524

How well will "all those tech & it jobs" pay. Carpenters on the" Queens Wharf" project will earn ~ $280000 pa & Sweepers ~ $160000 to $180000 pa. & on agreements due for renewal, apparently the CFMMEU want Queens Wharf conditions to be the standard.
  Forum: Off Topic Chat

lgrif
Posted on: May 22 2019, 05:49 PM


Group: Member
Posts: 524

As a SMSF member, the Minimum pension withdrawal you mention doesn't worry me, but I do worry that one day the powers-to-be will legislate a "maximum" withdrawal limit, thereby turning super into an expensive to maintain annuity. This will greatly reduce members powers of withdrawal for both necessary expenditure & for the purpose of achieving part Gov pension etc. Just a matter of time before they do I believe. Although, as do most people, funds are held outside super my concern is the "maximum" limit will apply as from date of announcement & my future financial choices are massively reduced.
  Forum: Investment Discussion

lgrif
Posted on: May 17 2019, 12:52 PM


Group: Member
Posts: 524

I'd forgotten, but way, way back super funds had to comply with a 30% -20% bond holding ratio; ie if I remember correctly, 20% or better of the funds assets had to be in Fed Gov bonds & 10% or better had to be in State Gov bonds.
Reintroduction would sit well with any Gov plan to increase the employer compulsory super contrib rate.
I hope the rumour is unfounded.
  Forum: Investment Discussion

lgrif
Posted on: Mar 11 2019, 07:47 PM


Group: Member
Posts: 524

He was pushed.
  Forum: By Share Code

lgrif
Posted on: Feb 25 2019, 03:09 PM


Group: Member
Posts: 524

Thanks again blacksheep. Appreciate your coverage, but one question. How day find the time to come up with all the info you post.
p.s. don't stop.
  Forum: NZX

lgrif
Posted on: Sep 6 2018, 04:27 PM


Group: Member
Posts: 524

Spot on.
  Forum: Investment Discussion

lgrif
Posted on: Aug 17 2018, 12:07 PM


Group: Member
Posts: 524

Article in today's Aust saying the Malaysian P.M. Mahathir Mohamad is visiting China to push for a renegotiation of billions of dollars worth of Chinese investment projects...will be discussing what he sees as "unfair" deals...
Where does one look to see the( auditor approved) Chinese Gov. provision for bad & doubtful debts ?
  Forum: Investment Discussion

lgrif
Posted on: Aug 7 2018, 05:54 PM


Group: Member
Posts: 524

I have similar thoughts Triage. ASIC embedded staff will be ostracised. Would be a sh..t of a job. Looks OK on paper but impracticable.
  Forum: Investment Discussion

lgrif
Posted on: Jun 21 2018, 05:48 PM


Group: Member
Posts: 524

2 - 3 months time lag, for RBA to act & some say A$ will go as low as US 69c. But my thoughts are similar to yours & I suspect that around 71-72c the RBA will try to talk the A$ up for a month or two..
Problem is my currency predictions history (esp. the timing) are average at best.
Wrong chat site, but gold down way below support. Have read it could now go down to the low US$1000 +; US$ currently a safe haven, but not gold . Anyone got an opinion on what could trigger gold coming into favour (wars excepted). In particular, inflation a + for gold price, but inflation generally increases interest rates, which is a negative
  Forum: Macro Factors

lgrif
Posted on: Jun 14 2018, 12:12 PM


Group: Member
Posts: 524

Yeh, I'm going in Sept & thought $A would weaken against the Euro, so put a bit on travel card ~ 6 weeks ago. Not a smart move; $A moved up a bit. As a currency player I suck.
Think I'll sit back till near leaving time to buy more Euro.
  Forum: Macro Factors

lgrif
Posted on: Jun 1 2018, 04:39 PM


Group: Member
Posts: 524

Yeh. thank's for mailing what many overlooked, or didn't want to consider.
  Forum: Off Topic Chat

lgrif
Posted on: May 29 2018, 05:16 PM


Group: Member
Posts: 524

Hi EB. Yeh something doesn't stack up. Personally I've been expecting the A$ to go lower against the US$ for some months , but it doesn't.
Apparently the market is expecting the Fed to raise int rates at the June meeting, but probably with a "we'll go slow hereafter" announcement.
I'll stick with the view that eventually the A$ will go down, with (after a shortish time lapse) Aussie inflation increasing, whereupon the RBA will try to talk up the A$ for 2-3 months, and then raise rates a bit.
Can't put a handle on whether China will slow down or not atm.
  Forum: Investment Discussion

lgrif
Posted on: May 28 2018, 12:33 PM


Group: Member
Posts: 524

Thanks Mick. As you say, the Super fund payments are "Fees" not Donations, which makes the news article untrue. As to whether the size of the fees is reasonable, we must rely on the funds auditor's judgement.
To channel the directors fees back to the union, (which is not a "deductible gift recipient" per the tax act it seems), the director/union rep could forgo similar size union employer wages.
A nice little aside which I'm sure Sally McNamus is seeking to have closed, is that being a tax exempt body, the union can pay up to $17000 p.a. per employee in tax free & FBT free benefits.as do not- for- profit hospitals & other tax exempt bodies. Multiplied by the number of applicable employees in Aust., your starting to talk money.
  Forum: Investment Discussion

lgrif
Posted on: May 27 2018, 11:17 AM


Group: Member
Posts: 524

In todays Sunday Mail. Miranda Devine has an article" ....Super Shifty..." which mentions in detail various Industry default super funds which she and Andrew Bragg say DONATE members S/funds to unions ie CBUS ,Host Plus, TWU etc. Thinking that this breaches the "Sole Purpose" test required of all complying S/funds, I looked up Cbus/'s 2017 Financial Accounts & found no mention of any "donations". Whilst "Investment Expenses" & "Administration expenses" were large, in view of the funds size. I can't tell if there unreasonable, or include donations.
I doubt that the union & business Administrators would be dumb enough to permit donations, though it's another matter if their charges are reasonable, or if they outsource a lot due to lack of financial skills.
I haven't inspected the other mentioned funds Financials & doubt that the word "Donations" would appear in them either.
I realise that much of the funds unions receive hereby go back to the Labour Party, but my concern is if Super funds donate, how do they not breach the sole purpose test, and alternatively, if the "donations" are actually Admin expenses, then the newspaper article is "false News" .
Can anyone advise further?
  Forum: Investment Discussion

lgrif
Posted on: May 21 2018, 12:01 PM


Group: Member
Posts: 524

Some say their both going to get hurt in the coming dog fight.
I think it's better to stand aside atm.
  Forum: By Share Code

lgrif
Posted on: May 18 2018, 06:07 PM


Group: Member
Posts: 524

I'm swayed towards the bears view.
  Forum: By Share Code

lgrif
Posted on: May 1 2018, 12:09 PM


Group: Member
Posts: 524

Hi EB. I also think Res Bank will lift before 2020 & for similar reasons except I pick Aud below 72c as action time.
  Forum: Macro Factors

lgrif
Posted on: Apr 17 2018, 04:49 PM


Group: Member
Posts: 524

Thanks for the quick info B/sheep. I would have expected CTP to get a nudge up also, even though much of it's NT fields are conventional. Mayby the news hasn't circulated yet ?
  Forum: Off Topic Chat

lgrif
Posted on: Mar 14 2018, 11:46 AM


Group: Member
Posts: 524

Thanks Nipper, but firstly I think that property values are heading down & A-REIT's values will follow. Secondly,, on looking at current yields, I expected better, as many other stocks pre-fr/credit yields exceed A-REIT's yields, ( which surprised me).
I'm probably playing with fire, but considering some ASX listed companies largely doing business in USA.
I'v'e said this before, but with the size of funds in Aussie Superannuation, both major Aust. political parties are doing a "Willie Sutton".
  Forum: Investment Discussion

lgrif
Posted on: Mar 13 2018, 03:22 PM


Group: Member
Posts: 524

Thanks MS.It is useful. A few I'm interested in didn't make the list, but now my individual company searches are much reduced. Time saved, so again thanks.
  Forum: Investment Discussion

lgrif
Posted on: Mar 13 2018, 11:18 AM


Group: Member
Posts: 524

Mr. Shorten has me hunting for a list of ASX listed Co's that pay largely unfranked dividends & the recent unfranked %, but I can't locate find one. Can anyone advise where I can find same?
  Forum: Investment Discussion

lgrif
Posted on: Mar 7 2018, 11:40 AM


Group: Member
Posts: 524

Thanks for the article EB. I have a feeling your right about the next "zig Zag" & sold a bit today. Have a naging feeling I should have sold more.
  Forum: Macro Factors

lgrif
Posted on: Mar 7 2018, 11:34 AM


Group: Member
Posts: 524

After 3+ years of going down, HZN sp improving. Debt reduction probably one reason, but perhaps it's PNG gas project is looking more realistic. 20c minor resistance, and 30c a possibility (I hope) dyor.
  Forum: By Share Code

lgrif
Posted on: Feb 6 2018, 04:13 PM


Group: Member
Posts: 524

Congrats E.B. How big is that new yacht going to be ?
  Forum: Investment Discussion

lgrif
Posted on: Dec 18 2017, 06:37 PM


Group: Member
Posts: 524

Put a smile on my face.
  Forum: Off Topic Chat

lgrif
Posted on: Nov 16 2017, 05:18 PM


Group: Member
Posts: 524

Thanks Nipper. They (purposely ?) didn't mention what the materials are that they need ready supply of. Would be nice to know.
With all the "almost ready" battery breakthroughs being announced, I wonder if Tesla's & others billions invested in battery factories are obsolete as soon as commissioned & has cobalt priced itself out of the race ?
  Forum: By Share Code

lgrif
Posted on: Oct 19 2017, 01:16 PM


Group: Member
Posts: 524

No mention of improved charging times, so it seems there is none.
Hopefully TLG can get some on the billions the EU announced would be spent on catching up in battery technology.
  Forum: By Share Code

lgrif
Posted on: Oct 2 2017, 04:50 PM


Group: Member
Posts: 524

Volume low, but 25% spike is "a bit" ?
  Forum: Macro Factors

lgrif
Posted on: Sep 13 2017, 05:00 PM


Group: Member
Posts: 524

Hope your wrong with the 50 - 60c revisit Nipper. One share I'd like to revisit it's recent low, is GXY. I stuffed around thinking "It'll go a bit lower; ..go a bit lower..." & was nervous about the amount of shorting of it. Now it turned up so quickly I hesitate to buy at current price.
  Forum: By Share Code

lgrif
Posted on: Sep 13 2017, 11:49 AM


Group: Member
Posts: 524

Anyone besides me interested in CLQ ?
Harry Hindsite now telling me I should have invested more, but I was underwater for a time.
Mr Greedy tells me there's another 10%-12% in it yet.
  Forum: By Share Code

lgrif
Posted on: Sep 11 2017, 04:14 PM


Group: Member
Posts: 524

I once asked the an ex-director of an asx listed company if i should sell my holding in it or by more. his answer was "yes".
  Forum: By Share Code

lgrif
Posted on: Aug 29 2017, 05:08 PM


Group: Member
Posts: 524

Thanks Blacksheep. I think the point your trying to make is though TLG has been trying to commercialise graphene for some years, only now are some of the advisors & media becoming aware of TLG , or if previously aware considered it to risky to discuss or recommend. Now some advisors seem to be "jumping on the bandwagon".
Seeing a s I hold, that's ok by me, however, the cobalt, gold, copper leases & reports are so far low grade & don't excite me none. I hope they they can flick them for cash to others & concentrate on the graphite/graphene stuff.
  Forum: By Share Code

lgrif
Posted on: Aug 3 2017, 04:29 PM


Group: Member
Posts: 524

Happy retirement nipper. Always appreciated your input & due to size of same figured you were retired.
If you disappear into the wide blue yonder you will be sorely missed.
When possible, keep those posts coming.
  Forum: Off Topic Chat

lgrif
Posted on: Jun 1 2017, 11:39 AM


Group: Member
Posts: 524

Thanks Nipper. TLG is/was involved with a paint maker JV, but no word for yonks now, so apparently not this one. No news re Tata JV for yonks either. Seems pilot stage 2 finished; with all the new graphene uses being announced ( condoms you say ?) I wonder why it can't sell more product & strictly limit free samples.
Be nice if the "..funding initiative.." was from a potential customer wanting to ensure future supply. Tell me I'm dreaming.
  Forum: By Share Code

lgrif
Posted on: May 31 2017, 04:08 PM


Group: Member
Posts: 524

"Exceptional grades..." & s.p. went down. My reaction to the announcement was - How long is it going to take to 1. drill/calculate a resource. 2. Get permits 3. Do a FID. I suspect others felt the same.
TLG is still some 2 years minimum from full scale graphene/graphite production it seems, despite having many product advantages; they are going to increase cash burn rate investigating a potential cobalt/copper mine. I see diluting capital raisings around the corner, unless some big graphite/graphene contracts come soon.
  Forum: By Share Code

lgrif
Posted on: May 31 2017, 11:11 AM


Group: Member
Posts: 524

Hi Nipper. To roughly quote an announcement on 18/5/17, "..Rice University scientists have created a rechargeable lithium METAL battery with 3 times the capacity of commercial lithium_ION batteries...." lithium metal coats the hybrid GRAPHENE & carbon nanotube anode". Apparently this overcomes the problem of Dendrites forming & stuffing up the battery.
The good news for TLG etc is it's yet another use for graphene. But as I posted, I can't find out this type of battery requires less cobalt the li-ion.
  Forum: By Share Code

lgrif
Posted on: May 30 2017, 05:58 PM


Group: Member
Posts: 524

Nipper, Can you help me. I can find the % of cobalt to materials in a lithium -ion battery, but have been unable to find same for lithium-metal batteries. Recent announcements of advances in li-met batteries & suggestions li-ion performance is at it's peak are why I'm searching, i.e. IF li-met is the future & uses far less cobalt, we've got ~ 2 years to get out of a possible cobalt bubble.
If anyone can answer, thanks in advance.
  Forum: By Share Code

lgrif
Posted on: May 1 2017, 12:53 PM


Group: Member
Posts: 524

I've been thinking about buying some FGR, but so far haven't had the internal fortitude.
With the usually slow June-Sept months near, think I'll stay out of a while.
  Forum: By Share Code

lgrif
Posted on: Apr 29 2017, 01:28 PM


Group: Member
Posts: 524

Very good point re future customer "loyalty"; as usual product price & availability & surety of supply will prevail. I'm believing usage will greatly increase.
On the optimism side, I re-read TLG's oldish "feasibility Study for Vittangi using graphene yields of 10%, & a grapheme price assumption of US$55000t, whereas they apparently now are getting ~ 76% conversion rates.
IF they can achieve full production aim of mining 250000 tpa in say 4 years time & prices have held up & grapnel usage is as large as I expect, then the future profit potential seems amazing.
Dunno if I will hold for 4 more years though.
  Forum: By Share Code

lgrif
Posted on: Apr 27 2017, 04:52 PM


Group: Member
Posts: 524

From todays presentation it seems phase3 is expected to start 2H 2017 & will be a 5X scale up of phase2 , i.e. ~ 150 tonne (max) ore treatment capacity. So until in commercial production, Graphene & graphite sales won't be much & the coatings JV is in a 2 year development phase. assuming say 33% of product is used for R & D, & samples, & graphene averages MLG standard,(a bold assumption I know) I'll be surprised if sales exceed US$2m pa for the next 2 years. But I'd be pleased to be proven wrong.

  Forum: By Share Code

lgrif
Posted on: Apr 27 2017, 11:57 AM


Group: Member
Posts: 524

I don't know Arty. I'm not a H.C. member. A friend who is & also holds TLG shares told me, but didn't name the blogger.
When next speaking, I'll ask for the blogger's name.
Todays announcement re reserves upgrade met with some market disappointment. Hopefully that's not the only reason behind the s.p. run up.
  Forum: By Share Code

lgrif
Posted on: Apr 26 2017, 04:51 PM


Group: Member
Posts: 524

for what it's worth, someone on H.C. thinks .95 is next resistance.
I'm surprised there's been no speeding ticket; That last announcement didn't seem worth the size of this s.p. run up.
Nipper, Yeh I'm enjoying the ride, haven't sold any yet. I keep thinking sure as I lighten off, a great announcement will happen.
Good luck all holders.
  Forum: By Share Code

lgrif
Posted on: Apr 26 2017, 12:00 PM


Group: Member
Posts: 524

Currently .87. WTF ?
  Forum: By Share Code

lgrif
Posted on: Apr 18 2017, 12:51 PM


Group: Member
Posts: 524

Sure is Nipper. Wish volume was bigger though.
There tends to be a bit of leakage before announcements here, so hopefully there's soon to be another good announcement .
  Forum: By Share Code

lgrif
Posted on: Mar 29 2017, 03:35 PM


Group: Member
Posts: 524

Yeh bg99. I'm looking forward to the next resource update, it's got to be a significant increase. From that & past info from FAR, we should be able to approximately value FAR. I'm guessing it's npv is at least 20c p.s. but thats only my opinion, as always DYOR.
  Forum: By Share Code

lgrif
Posted on: Mar 28 2017, 05:27 PM


Group: Member
Posts: 524

Hi bg99. A friend just phoned me, quoting one of ~ 400 (he says) H.C. posts re FAR. It went something like this "...It;s 2019 and FAR has just reported that it's 20th well was unsuccessful.
They finally went up in price.
  Forum: By Share Code

lgrif
Posted on: Mar 28 2017, 04:42 PM


Group: Member
Posts: 524

TLG has several "Joint Development Agreements" BUT this is the first whereby they actually sell their grapheme.
  Forum: By Share Code

lgrif
Posted on: Mar 28 2017, 03:08 PM


Group: Member
Posts: 524

I wonder why Woodside doesn't make a takeover offer to FAR to both get a 50% virtual control & to get pesky FAR out of it's hair.
  Forum: By Share Code

lgrif
Posted on: Mar 28 2017, 03:04 PM


Group: Member
Posts: 524

Nipper, TLG has a SALES AGREEMENT; goddam.
  Forum: By Share Code

lgrif
Posted on: Mar 22 2017, 12:12 PM


Group: Member
Posts: 524

Hear hear Nipper.
  Forum: By Share Code

lgrif
Posted on: Mar 21 2017, 04:07 PM


Group: Member
Posts: 524

Thanks for that Nipper, I've printed a copy.
P.S. Who orders graphene by the ton ? > . On 2nd thoughts, who supplies it by the ton ?
  Forum: By Share Code

lgrif
Posted on: Mar 21 2017, 01:54 PM


Group: Member
Posts: 524

Yeh, & Gerry's got the sh.ts with both Amazon & short sellers.
  Forum: By Share Code

lgrif
Posted on: Mar 21 2017, 01:51 PM


Group: Member
Posts: 524

TLG's presentation near the start says ".....world's leading low-cost supplier..". Now that's an understatement, to date it gives the stuff away for free.
Liked the bit "...graphene ..shown to suit current AND emerging battery technologies.."
re graphene coating performance, "...customer trials in progress". An article last week in The Aust., was about a Danish (?) ferry with sort of metal rotary sail; near the end of the article it mentioned the firm was trialing a new performance enhancing hull coating; hopefully TLG's, but it didn't specify.
Seems still scaling up pilot 2, with pilot 3 yet to come. PICK UP THE PACE please Tlg.



  Forum: By Share Code

lgrif
Posted on: Mar 20 2017, 02:13 PM


Group: Member
Posts: 524

At $3 a gig., there was a lot of stranded gas in Aust. After the pipeline owners charges remote gas supplies were never to be profitable.
A current example would be Central Petroleums gas deposits in central Aust. There is currently a $800m pipeline being built from the Darwin line to Mt Isa, which will then connect to the east coast via ~ 20 year old pipelines. Npw this is backhaul on fully amortised pipelines, yet I have read the pipeline operators want full transport prices.
I currently don't hold Central P. shares, & on a rough calculation, estimate that Co would need ~ $8 or more a gig for a marginal profit supplying to the east coast, unless pipeline transport prices can be reduced.
I think it's next month a committee is looking into the pipeline industries charges.
Dow Chemicals has for years whined about Aust gas prices. I'ts got big pockets, so why didn't it take over a couple of the cheaper gas producers & produce it's own gas.
With now high prices, If Vic, NSW & NT remove their gas restrictions supply must improve & prices reduce; the time-lag is Gov induced.
On memory, WA has for some years required 30% of all new gas production be reserved for the State. Even so gas prices are $8+ a gig there & have been for years.
  Forum: By Share Code

lgrif
Posted on: Mar 14 2017, 05:02 PM


Group: Member
Posts: 524

I've been thinking Nipper, that if say Vic, NSW, &/or NT gov's ease up on there moratoriums some of the small operators could have a small run. However, it seems atm even the small Qld producers or possible producers s.p's whilst firm, are not moving up.
  Forum: By Share Code

lgrif
Posted on: Mar 9 2017, 12:33 PM


Group: Member
Posts: 524

Excellent announcement yesterday. As usual, s.p. went down on the day.
  Forum: By Share Code

lgrif
Posted on: Feb 10 2017, 04:28 PM


Group: Member
Posts: 524

Been no interest in AJQ for a long time until now. Seems to have broken downtrend however; resistance appears to be ~ 9.5-10c; 12c; 16c; 18c.
Just my thoughts, DYOR.
  Forum: Off Topic Chat

lgrif
Posted on: Feb 1 2017, 12:27 PM


Group: Member
Posts: 524

SHORT SCOTTISH JOKE

A bloke walks into a Glasgow library & says to the prim librarian,
"Excuse me miss, dey ye hae ony books on suicide ?"

To which she stops doing her tasks, looks at him over the top of her glasses & says,
"Bugger off, ye'll no bring it back "

  Forum: Off Topic Chat

lgrif
Posted on: Jan 24 2017, 12:16 PM


Group: Member
Posts: 524

My 13/1/17 post re TLG sp not breaking 40c without good news as to sales now proven WRONG I'm happy to say. Turnover so far today not bad either.
The recent announcement re grades in the last 2 drill holes doesn't to me seem sufficient to explain the recent s.p. increases. Does the market know there is good news to shortly be announced ?
  Forum: By Share Code

lgrif
Posted on: Jan 19 2017, 04:36 PM


Group: Member
Posts: 524

Mr. Wilson may not be schooled in....diplomacy, but past performance shows he is one smart dude.
  Forum: By Share Code

lgrif
Posted on: Jan 15 2017, 02:14 PM


Group: Member
Posts: 524

Hi Nipper. Have you got a take on metallurgical coal prices rom here ?
  Forum: Macro Factors

lgrif
Posted on: Jan 13 2017, 03:40 PM


Group: Member
Posts: 524

I think we need to see the words "MOU" or "sales" or "off take agreement" to push TLG beyond 40c .
  Forum: By Share Code

lgrif
Posted on: Jan 13 2017, 12:39 PM


Group: Member
Posts: 524

Ooops, here we go again.
  Forum: By Share Code

lgrif
Posted on: Jan 10 2017, 03:31 PM


Group: Member
Posts: 524

Yes; Good luck Nipper.
  Forum: Investment Discussion

lgrif
Posted on: Dec 23 2016, 11:09 AM


Group: Member
Posts: 524

Yeh Nipper. The purchase date & the sale date don't count.
  Forum: Off Topic Chat

lgrif
Posted on: Nov 18 2016, 12:29 PM


Group: Member
Posts: 524

At this price I'm getting very tempted to re-enter. However NXT is light years away from paying divs & I note your post by Ray Dalio (bond Bear) that "...non-div paying posts will suffer..".
I also note that some advisors are predicting that non- growth div payers will also suffer in a higher int rate environment & are suggesting go for growth stocks.
Mrs Y on tv last night virtually said the Fed WILL put up int rates in Dec.
  Forum: By Share Code

lgrif
Posted on: Oct 10 2016, 04:51 PM


Group: Member
Posts: 524

Been doing similar Mick, but haven't exited my bank hybrids yet.
Perhaps I'm exiting a bit early, but currently i've joined the bears & better to early than to late & it passes the "sleep test".
  Forum: Investment Discussion

lgrif
Posted on: Sep 27 2016, 12:30 PM


Group: Member
Posts: 524

I suggest nobody else has thought about that Nipper.
If this one passes muster it may pave the way for SMSF's to push the envelope, until the ATO issues a ruling.
  Forum: Off Topic Chat

lgrif
Posted on: Sep 13 2016, 05:35 PM


Group: Member
Posts: 524

Shearer says ..." hot commodity..."
That was last week.
  Forum: By Share Code

lgrif
Posted on: Sep 6 2016, 05:30 PM


Group: Member
Posts: 524

Hi Nipper, I sold out ~ 2 months ago. Perhaps a big mistake, but I came out well ahead & right or wrong consider the market is in for a correction.
Have liquidated largely into cash temporarily. meanwhile the market remains stubbornly higher than I anticipated but for the next 1-2 months I'm on the sidelines.
  Forum: By Share Code

lgrif
Posted on: Aug 16 2016, 08:13 PM


Group: Member
Posts: 524

You nailed it Nipper. Sales Zip; blue sky massive but unknown; an off take agreement or 2 or 3 would be great but is always over the horizon;
Correct me if I'm wrong, but what's this hint in a recent announcement that there may be a 3rd stage pilot plant. Previously there was to be 2 & then charge on to full commercial production.
Also, the recent expansion is, if on target now finished, but someone please tell me what the grapnene ,graphite production rates currently are; They haven't announced this. Why ?
Next, TLG have recently employed 2 senior personnel, indicating the pace is picking up . But are off take agreements impossible because TLG can't guarantee supply ? or is demand for graphene still somewhere in the future?
I hold, so the above are not negative comments, but concern me.






  Forum: By Share Code

lgrif
Posted on: Jun 9 2016, 04:48 PM


Group: Member
Posts: 524

Nice rise today; Closed at 31c, right on what I think is the next resistance .
I see HZR also had a good jump today. Either graphite/graphene is back in favour, or perhaps progress of stage 2 (TLG) is going well ?
Stage 2 supposed to be commissioned in this quarter; if going to plan, perhaps a favourable announcement soon.
  Forum: By Share Code

lgrif
Posted on: Jun 7 2016, 01:14 PM


Group: Member
Posts: 524

India won't have enough spare elect capacity to charge 'em & the average citizen can't afford 'em. Someone's dreaming.
  Forum: By Share Code

lgrif
Posted on: May 27 2016, 12:32 PM


Group: Member
Posts: 524

For Dama, Visit Aldi (Australia) when a ski gear sale is on.
  Forum: Off Topic Chat

lgrif
Posted on: May 19 2016, 05:28 PM


Group: Member
Posts: 524

S.P. price closed down today, so before looking at the announcement I knew the latest well was a "success".
I was sort of hoping it would be a duster resulting in the sp going up ???
  Forum: By Share Code

lgrif
Posted on: Apr 13 2016, 11:57 AM


Group: Member
Posts: 524

Something happening here. Raised cash months ago to build B2 & M2, then silence re such expansion . Meanwhile the SP creeps up & up.
My personal TP is now $3.10, but I'm blowed if I know why it's going up
  Forum: By Share Code

lgrif
Posted on: Mar 31 2016, 02:55 PM


Group: Member
Posts: 524

Whilst up nicely on todays announcement, I was hoping for more.
I'd gotten out of it @ 37c a while ago, then back in couple of days ago at 31.5c - 32c, & hope to get `~ 40c (or a bit more). If it struggles I'll rethink.
MME are you still holding ?
  Forum: By Share Code

lgrif
Posted on: Mar 10 2016, 10:49 AM


Group: Member
Posts: 524

Phew !!!
  Forum: By Share Code

lgrif
Posted on: Feb 20 2016, 12:20 PM


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Posts: 524

Yair, new competition is a worry & Sri Lanka for one seems to have some excellent deposits. Guess I'm hoping TLG's "patent pending" process is superior; maybe other similar deposits (assuming they exist) would pay a royalty to use this process.
TLG's announcements aren't exactly coming thick & fast, yet they seem on track with their previously announced plans & no set-backs announced so far. With the latest announcement, their "edge" has broadened from graphene to battery grade graphite, yet still the market ignores.
Investors just don't have the required patience for this 'un it seems.
  Forum: By Share Code

lgrif
Posted on: Feb 17 2016, 04:49 PM


Group: Member
Posts: 524

Assuming the customer samples meet standards, there can only be one thing holding back off take agreements- concerns re supply volumes & pilot plant stage 2 may not allay same.
In which case we may have to wait until the full size plant is up & running ( though I hope not).
TLG may have the capacity to distrupt the battery industry by cost reduction in which case tardy customers take a hiding.
  Forum: By Share Code

lgrif
Posted on: Feb 8 2016, 11:36 AM


Group: Member
Posts: 524

Thanks for bringing this 'un to my attention on 23/12/ Arty.
I then looked at it, liked & bought at 30c.
PS, on placing my bid, my broker said "..I've never heard of it.."
  Forum: By Share Code

lgrif
Posted on: Dec 18 2015, 06:05 PM


Group: Member
Posts: 524

Thanks Arty. I hesitated & missed .095; I know canacord have a tp of .16, but my below par charting skills has .13 as next resistance,
I would appreciate your thoughts on this point.
Thanks in advance.
  Forum: By Share Code

lgrif
Posted on: Oct 28 2015, 03:44 PM


Group: Member
Posts: 524

unfortunately with a zillion issued shares, 50c+ a share may be a tad high.
35c+ would make me avery happy.
  Forum: By Share Code

lgrif
Posted on: Oct 26 2015, 11:42 AM


Group: Member
Posts: 524

Mt Cattlin partner GMM in T/halt also.
  Forum: By Share Code

lgrif
Posted on: Oct 23 2015, 04:47 PM


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Posts: 524

Uniden, Your message that CTP have no gas to sell MUST NOT HAVE GOT OUT. Closed today at .235
  Forum: By Share Code

lgrif
Posted on: Oct 15 2015, 01:28 PM


Group: Member
Posts: 524

This is currently running strongly, yet no speeding ticket.
Is it belated action relating to the 8/10/ report, or is Mr. Market saying (as I surmise) that the NEGI southerly route will be the winner ?
Apparently not much interest for CTP on this forum.
  Forum: By Share Code

lgrif
Posted on: Oct 11 2015, 01:32 PM


Group: Member
Posts: 524

CEO Cottee says (8/10/15) that "N.T. Gov due to announce the successful tenderer this month". By announcing increased reserves certification Richard is somewhat de-risking the southern route for NEGI. & undoubtedly hoping to sway both the NT Fed Governments.
As i hold CTP, I'm hoping he's successful & am sweating out the announcement.
Good luck all holders






  Forum: By Share Code

lgrif
Posted on: Oct 11 2015, 01:22 PM


Group: Member
Posts: 524

Hi Nipper, I to have been waiting for "discovery time" & getting somewhat dispirited ( recent US presentation &n s.p. fell .005.)
2016 option strike price of 60c starting to look very good to me.
I'm concerned that if Talga's graphene is so good & so cheap, why arn't potential customers trying to get in first to ensure supplies.
Article in "The Aust" 10/10/15 re soon to list HAZIER GROUP who claim they can (presumably cheaply) make crystalline graphite out of gas, using iron ore as a catalyst.
Mayby I'm just getting nervous that recognition is taking so long, but would sure like to see some large potential off take agreements.
  Forum: By Share Code

lgrif
Posted on: Sep 15 2015, 11:46 AM


Group: Member
Posts: 524

Hi Barra, Morgans think another bid will be made whether by WPL or others. My concern is the bidder getting the PNG Gov on side.
  Forum: By Share Code

lgrif
Posted on: Aug 4 2015, 04:52 PM


Group: Member
Posts: 524

Thanks nipper; the article gives good even-handed advice. Especially the "saturation point" bit.
Despite some analysists suggesting it's still preferential to a by the bank shares rather than the hybrids, I've applied for some of the WBC hybrid 3. Not sure if it was wise, especially if later issues offer higher yields, however on the plus side with APRA etc making banks increase capital, I think the holding risk has decreased slightly.
I've read, even at current prices, the grossed up div yield on WBC shares is slightly ahead of that for the hybrids , so its comes down to one's views on will the s.p. increase or decrease in the short/medium term future; we all have our own opinion on that.
  Forum: By Share Code

lgrif
Posted on: Aug 4 2015, 12:27 PM


Group: Member
Posts: 524

Nipper please ignore my last post, it was rubbish. Obviously if company tax rates dropped, the div would/could be fully franked, but s/holders would get a smaller franking cr.
  Forum: By Share Code

lgrif
Posted on: Aug 4 2015, 12:16 PM


Group: Member
Posts: 524

I haven't read the prospectus for this one, but at least some of the past bank hybrids returns were on the basis of if the div wasn't fully franked, the return would be adjusted up accordingly (on memory)
  Forum: By Share Code

lgrif
Posted on: Jun 25 2015, 04:45 PM


Group: Member
Posts: 524

Loved it Arty; Your talking about some of my (younger) relatives.
  Forum: Investment Discussion

lgrif
Posted on: May 13 2015, 12:16 PM


Group: Member
Posts: 524

G'day H7, Would you by any chance have an idea what ADO plans with Anteo Energy, beyond their 21/4/ announcement?
The bit about batteries & nanomaterials interests me. Would they by any chance be tying to bond graphene , which int's pure form, I understand is almost impossible?
This plus other recently announced agreements, could perhaps mean ADO is finally moving ahead ?.
Still a risky specie at this stage imo.
  Forum: By Share Code

lgrif
Posted on: Apr 26 2015, 04:59 PM


Group: Member
Posts: 524

Mick, I thought & thought about this & came up with a headache.
  Forum: Macro Factors

lgrif
Posted on: Apr 22 2015, 12:39 PM


Group: Member
Posts: 524

If PVD can hold at it's current 46c price, I think it's broken upward; if breakout confirmed my target is ~ 55c.
This is just my own thoughts, I hold, DYOR.
Seems like no interest in PVD on SS anyhow.
  Forum: By Share Code

lgrif
Posted on: Feb 27 2015, 02:08 PM


Group: Member
Posts: 524

May mean little, but Morgans have a TP of $2.95 on NXT.
  Forum: By Share Code

lgrif
Posted on: Feb 26 2015, 12:19 PM


Group: Member
Posts: 524

Anyone watching NXT ? A good & better than expected report today.
I hold; DYOR
  Forum: By Share Code

lgrif
Posted on: Feb 23 2015, 05:40 PM


Group: Member
Posts: 524

Yeh. Getting near most recent high (touched 48c on 9/9/14).
I dunno how it can keep up this pace without further "good news" announcements. Either folk are only now starting to learn about the "graphine" stuff, of some know more than we do.
Run baby, run.

  Forum: By Share Code

lgrif
Posted on: Feb 23 2015, 05:18 PM


Group: Member
Posts: 524

Hi daggie. Morgans think it;s a hold at current price as it's had a good run up. They still like it, but suggest buying at a lower price if possible. They also see it as a growth stock & even at current price, the gross div yield ain't bad.
I've held them twice in the past & my only complaint is that when the markets depressed, they are, or used to be very illiquid.
I've got a "watch" on 'em & will try to buy at a lower price.


  Forum: By Share Code

lgrif
Posted on: Feb 23 2015, 11:31 AM


Group: Member
Posts: 524

Nipper, it seems to me that if TLG can stay above 42c for 2 days, the next (slight resistance) is 44c. Just my view but.
I still hold; fingers XX'ed. DYOR.
  Forum: By Share Code

lgrif
Posted on: Feb 15 2015, 05:28 PM


Group: Member
Posts: 524

If or when the next debt crisis hits, it seems most lenders & investors will have to take a haircut.
I guess under geared countries currencies & gold or gold producing companies may be a haven.
Assuming a future worldwide debut crisis happens, anyone one got other/better ideas as to how to protect their nest egg?
  Forum: Investment Discussion

lgrif
Posted on: Feb 10 2015, 02:55 PM


Group: Member
Posts: 524

Next resistance looks around 40c - 42c. I'm swayed to hold & hope the sp can go higher. DYOR.
  Forum: By Share Code

lgrif
Posted on: Feb 6 2015, 03:33 PM


Group: Member
Posts: 524

A little boy was sitting on the footpath with a bottle of turpentine. He was shaking it and watching the bubbles.
A passing Priest asked the little boy what he had.
Boy; A bottle of turpentine, it's the most powerful liquid in then world.
Priest; Your wrong son. The most powerful liquid in the world is Holy Water; If you rub it on a pregnant woman's tummy she'll pass a fine , healthy baby.
Boy; I rubbed turpentine on our cat's bum and he passed a Harley Davidson.
  Forum: Off Topic Chat

lgrif
Posted on: Feb 4 2015, 12:59 PM


Group: Member
Posts: 524

Nah. 14 other Central Banks forced RBA to cut.
  Forum: Macro Factors

lgrif
Posted on: Jan 30 2015, 07:25 PM


Group: Member
Posts: 524

You nailed it Mick.
Predict & accept whats likely to happen & try to make a buck out of what you arrive at. Thats why I look at this forum & other info.
Complaining about whats happening isn't going to make me any wealthier.
Wren, yeh K1 & others has predicted the fall of the USA for a long time; meanwhile its currently doings better than most; sure one day that will change, but someone tell me a country that CURRENTLY has better investment opportunities.
As for Australia relied to much on commodities , that's the cycle. Happened before & will happen again.
Note, I got caught out with the sudden , sharp drop in oil price, but thats my fault, not someone else's.
  Forum: Investment Discussion

lgrif
Posted on: Jan 12 2015, 10:25 AM


Group: Member
Posts: 524

Yeh Nipper, I put it down to cannacord also.
S.P. looks like it has or is just about to break downtrend. If it goes up say 5c more, I may sell some or all.
Alternatively, I'll reconsider at end of this Month.
fingers x'ed.
  Forum: By Share Code

lgrif
Posted on: Nov 10 2014, 12:20 PM


Group: Member
Posts: 524

I hope some of the top brass in Shell Oil are getting their bottoms kicked today for pulling plug years ago on a JV with FAR in Senegal. Shell has previous form in pulling out of African oil JV's which later prove commercial.
  Forum: By Share Code

lgrif
Posted on: Nov 10 2014, 11:57 AM


Group: Member
Posts: 524

Yeh Ha: Some on Hotcopper thought ~17 -18c on a SNE1 discovery & that in beginning of new year further increase IF commercial announcement of FAN then SNE1 plus shortly after a Kenya farm-in announcement.
As I'd sold down ~ 66% of my holdings (Harry Hindsight now says I should not have) & the balance owes me nothing, I'll hold till new year announcements.
Alkimos & others who like me have held for a long time, this should brighten up your Xmas. congrats.
  Forum: By Share Code

lgrif
Posted on: Oct 13 2014, 10:36 AM


Group: Member
Posts: 524

I don't often agree with you Wren, but this time you'r spot on imo.
The market is finally into a much predicted correction, & many are chanting "the sky is falling".
There was reasonable money to be made up to ~ 2 months ago & plenty of time to get out/cash up for the next run up.
As for the USA, yeh massive debt is a big problem, BUT somewhat surprisingly to me, it's labour costs & flexibility , productivity are far better than ours & many other western countries & it's got cheap oil & gas.
While the US $ will probably continue to strengthen, I see the currency wars heating up in 2015 & with US debt all denominated in US $, plus trade competition, Janet will not want a greatly strengthened US $. Therefore I believe she will be very moderate with interest increases. (Plus strong $ = low inflation).
As I anticipate the usual xmas rally, I intend to be back in the market in ~ 2-3 weeks.
THESE ARE JUST MY VIEWS, I'M NOT AN INVESTMENT ADVISOR. DYOR.
  Forum: Investment Discussion

lgrif
Posted on: Sep 12 2014, 06:28 PM


Group: Member
Posts: 524

Darn, I did it again. Come on NBN
  Forum: Macro Factors

lgrif
Posted on: Sep 12 2014, 06:25 PM


Group: Member
Posts: 524

Mookie, I'm giving this round to you.
  Forum: Macro Factors

lgrif
Posted on: Sep 12 2014, 06:25 PM


Group: Member
Posts: 524

Mookie, I'm giving this round to you.
  Forum: Macro Factors

lgrif
Posted on: Sep 12 2014, 06:25 PM


Group: Member
Posts: 524

Mookie, I'm giving this round to you.
  Forum: Macro Factors

lgrif
Posted on: Sep 9 2014, 12:00 PM


Group: Member
Posts: 524

Far s.p. up 14.55% to 6.3c.
~35.5m shares traded atm.
Do some people know stuff not released? If not, has a near neighbour had a good result, or has a JV been done with offshore Kenya?
Promised myself I'd lighten off @ 6c, now greed is taking hold, which at past times has cost me dearly.
  Forum: By Share Code

lgrif
Posted on: Sep 7 2014, 11:09 AM


Group: Member
Posts: 524

Yeh Nipper, I agree that it's highly likely only the 14% discount tenders will get up.
Also," Telstra has guaranteed those with 925 shares or fewer will not be scaled back if they successfully tender".
Therefore some successful s/holderes could be left with a rather small parcel.
For pension funds & non-taxpaying individuals it's a reasonable deal even at the 14% discount.
  Forum: By Share Code

lgrif
Posted on: Sep 1 2014, 08:27 PM


Group: Member
Posts: 524

Anyone still watching this. Clawed it's way back from 32c on ~ 27/5/ .
May be heading back to ~ 60c? (DYOR)
On memory not drilling till early new year.
Good luck all holders.
  Forum: By Share Code

lgrif
Posted on: Aug 22 2014, 03:53 PM


Group: Member
Posts: 524

Arty, I still hold & am still well underwater. Am hoping to get ~35 c some time this century, but a gold lotto win may happen before that.
  Forum: By Share Code

lgrif
Posted on: Aug 8 2014, 03:50 PM


Group: Member
Posts: 524

Yeh. Methinks it's started & could last some 7-10 weeks.
  Forum: Investment Discussion

lgrif
Posted on: Apr 23 2014, 04:54 PM


Group: Member
Posts: 524

Excuse repeats , took forever to submit, so I hit button again
  Forum: By Share Code

lgrif
Posted on: Apr 23 2014, 04:54 PM


Group: Member
Posts: 524

SP seems to have finally busted through the 34c resistance. Next resistance seems ~ 38c-39c.
In recent days SP may have been held back by a significant shareholder sell down; hopefully that's finished.
  Forum: By Share Code

lgrif
Posted on: Apr 23 2014, 04:54 PM


Group: Member
Posts: 524

SP seems to have finally busted through the 34c resistance. Next resistance seems ~ 38c-39c.
In recent days SP may have been held back by a significant shareholder sell down; hopefully that's finished.
  Forum: By Share Code

lgrif
Posted on: Feb 28 2014, 03:14 PM


Group: Member
Posts: 524

deleted; double tapped.
  Forum: Macro Factors

lgrif
Posted on: Feb 28 2014, 03:14 PM


Group: Member
Posts: 524

Mookie, for the reasons you stated, high cost producers are far risker investments & therefore require a far higher risk factor built into the sp.
betting which way pog goes is risky in itself, just look at the arguments in this forum alone re same.
Low cost/lower risk producers will also rise with pog rises (granted not as much) but if you get it wrong, you'll still live to tell the tale.
  Forum: Macro Factors

lgrif
Posted on: Feb 22 2014, 05:49 PM


Group: Member
Posts: 524

V1, I suspect Bentley thinks it can get sufficient votes to either wind up or do a large capital return.
My main concern in this regard is the overhanging Canadian legal claim which it seems won't be settled in court for up to 12 months? Does anyone know if this has been resolved?
If not settled how does Bentley think/know how much cash will be in the pot?
Ignoring court claim, & the Texas/Fiesta value, the cash backing per share seems ~ 25c, & while I dunno Fiesta's reserves, suggest its value may be around a further 2 - 3cps. Now if Bentley's paying ~ 20cps, it's got to want at least 20% - 25% return for its troubles, which indicates its ignoring the future courts case. What am I missing?


  Forum: By Share Code

lgrif
Posted on: Jan 28 2014, 11:41 AM


Group: Member
Posts: 524

Maok, I just found an old note I made re Dent warning "...nowhere to hide between mid to late 2009 & late 2010... be in cash or bonds only." This is what I was previously referring to.
  Forum: Investment Discussion

lgrif
Posted on: Jan 28 2014, 11:28 AM


Group: Member
Posts: 524

Yeh Mark. I remember Dent advising to be out of the market or be short between early 2012 & 2013. To this day I'm thankfull I didn't listen to him, although at the time I was somewht worried he might be correct.
He was so wrong I'll never take notice of him, although law-of-averages says he's got to get it right occasionally.
  Forum: Investment Discussion

lgrif
Posted on: Jan 24 2014, 10:03 AM


Group: Member
Posts: 524

If gold at a 9 week high overnight in US, shorters probably now closing or reducing their bets.
  Forum: By Share Code

lgrif
Posted on: Jan 22 2014, 12:27 PM


Group: Member
Posts: 524

mccart, your IO price chart seems to be in US$. What was the A$ price when AGO was trading in the 80c levels?.
I suspect the A verses US conversion rate has moved in AGO's favour since then.
  Forum: By Share Code

lgrif
Posted on: Jan 10 2014, 04:16 PM


Group: Member
Posts: 524

I'm guessing announcement re Stanley production licence very close.
If this mother can crack 34c it should run.
  Forum: By Share Code

lgrif
Posted on: Jan 10 2014, 04:10 PM


Group: Member
Posts: 524

Nice rise on a flat day; maybe the drop was overdone when sold down ~ a couple of months ago, due to director Bevan S.selling down.
Alternatively, maybe pending announcement of signing up a new large client or some institution staking an interest.
  Forum: By Share Code

lgrif
Posted on: Jan 10 2014, 04:04 PM


Group: Member
Posts: 524

Why the jump today, in a flat market & with shareholder application entitlements yet to close?
  Forum: By Share Code

lgrif
Posted on: Nov 23 2013, 05:59 PM


Group: Member
Posts: 524

Can anyone out there please explain the new PNG anti-takeover rules; in particular how do they pertain to co's withe resources in various parts of the world, including PNG?
  Forum: By Share Code

lgrif
Posted on: Nov 23 2013, 02:09 PM


Group: Member
Posts: 524

Two advisors have PT's of 45c & 47c. However I think it will take news of the Stanley production licence to get there. Hzn apparently believe this will happen before Xmas, but in PNG, who knows.
  Forum: By Share Code

lgrif
Posted on: Oct 28 2013, 03:07 PM


Group: Member
Posts: 524

RBS Morgans put out a buy today.
  Forum: By Share Code

lgrif
Posted on: Oct 28 2013, 12:38 PM


Group: Member
Posts: 524

Nice report today; s p up a bit, but not as much as I expected. Hopefully it will rise further.
  Forum: By Share Code

lgrif
Posted on: Sep 16 2013, 12:05 PM


Group: Member
Posts: 524

Thanks for the good news EB. Hopefully one more negative out of the way medium term, even if it means can kicked further down road.
  Forum: Macro Factors

lgrif
Posted on: Sep 16 2013, 11:59 AM


Group: Member
Posts: 524

Yeh, I see in todays Aust. that many senators prefer Janet Yellen & there's mounting opposition to Summers.
Yet Wall st thinks Summers will get the nod. The article also says "..White House unlikely to announce a choice this week"

"
  Forum: Macro Factors

lgrif
Posted on: Sep 15 2013, 12:10 PM


Group: Member
Posts: 524

If Nikkei report is correct, & Summers to be nominated, the Sept/Oct US (=World) correction is upon us. Get ready for bargain time over next ~ 4 weeks.
  Forum: Macro Factors

lgrif
Posted on: Aug 15 2013, 06:20 PM


Group: Member
Posts: 524

Mr Abbots proposal to reduce co tax rates by 1.5%, but put a 1.5% LEVY on ~ 80% of listed companies may be a tad sneaky.
I have this nasty feeling that the 1.5% levy will not be within the scope of the franking credits rules. Result being a lowering of f/credits attaching to future dividends.
I calculate a 2.1% reduction in the Gross dividend return resulting.
The effect is to a large degree self funded retirees & SMSF's will pay for his very very generous PPL scheme.
If I'm right, yield-driven investors will partially turn to RIT's & res. property.
Anyone out there who can assist in suggesting which RIT's may outperform?







  Forum: Investment Discussion

lgrif
Posted on: Aug 15 2013, 06:03 PM


Group: Member
Posts: 524

EB, Are you still of the the opinion that the chinese are NOT big gold buyers? Perhaps individually they arn't but it seems combined they are now no. 1 ?
  Forum: Macro Factors

lgrif
Posted on: Aug 15 2013, 06:03 PM


Group: Member
Posts: 524

EB, Are you still of the the opinion that the chinese are NOT big gold buyers? Perhaps individually they arn't but it seems combined they are now no. 1 ?
  Forum: Macro Factors

lgrif
Posted on: Aug 15 2013, 06:03 PM


Group: Member
Posts: 524

EB, Are you still of the the opinion that the chinese are NOT big gold buyers? Perhaps individually they arn't but it seems combined they are now no. 1 ?
  Forum: Macro Factors

lgrif
Posted on: Jul 19 2013, 08:47 PM


Group: Member
Posts: 524

frodo, look hard at the rough corner of the hole; that's me hiding from my wife,
SOLUTION. We call a shareholder exord meeting & resolve that all s/holders give 2 weeks free time to lay a railway line. As it's my idea I want to be a foreman.
  Forum: By Share Code

lgrif
Posted on: Jul 18 2013, 03:48 PM


Group: Member
Posts: 524

What puzzles me is I've read that after Permian deal settled AZZ would have net cash + other assets worth ~ 70cps, (after tax) so logically it seems a capital raising (if still needed) would be easier & at a higher sp after the Permian deal settled.
Next Azz's 2 past deals were based on exploring/proving up resources, then selling, whereas after Permian deal settled they would have had a sh#t load of money & unless talking big time, would not need to raise funds.
A small possibility is they've found a bargain & need to quickly secure it. I live in hope.
  Forum: By Share Code

lgrif
Posted on: Jul 18 2013, 12:57 PM


Group: Member
Posts: 524

Capital raising doesn't make sense, unless they think the Permian is likely to fall over.
bugger bugger bugger.
  Forum: By Share Code

lgrif
Posted on: Jun 3 2013, 11:42 AM


Group: Member
Posts: 524

I look forward to " a chart of Arty".
  Forum: Macro Factors

lgrif
Posted on: May 31 2013, 12:55 PM


Group: Member
Posts: 524

Hi Flower, I'll go with a combination of the two; unfortunately my TA skills are poor.
  Forum: By Share Code

lgrif
Posted on: May 31 2013, 12:52 PM


Group: Member
Posts: 524

No arguments with that Mookie; just like to say with A$ ~96c, The Aussie pog is ~ A$1450- $1460 & whilst the pro's change their minds weekly, they currently think the A$ will go lower giving a small buffer to further downside in pog.
  Forum: By Share Code

lgrif
Posted on: May 30 2013, 05:29 PM


Group: Member
Posts: 524

Arty, "..skill of management " (or for some lack thereof), "train wreck"; your talking GXY, not NST.
Also NST management seem confident they can hold the f/f div at last years level, giving ~ 5% at current sp.
Unfortunately gold appears risky atm, some betting up, some down & most fence sitting, thereby affecting all gold s/prices.
Right or wrong, I suspect the Fed will be slow to turn off the tap & inflation will rear it's head, pushing up pog.
Yeh, I know the s/price hasn't yet broken downtrend, but it seems very close.
  Forum: By Share Code

lgrif
Posted on: May 8 2013, 12:28 PM


Group: Member
Posts: 524

Thanks Wren. I'm interested but will will have to research first, as currently i don't understand it.
  Forum: Macro Factors

lgrif
Posted on: May 7 2013, 07:10 PM


Group: Member
Posts: 524

Gotta agree with you. the banks charges make currency spec. dangerous. need a big favourable move to beat 'em.
Gotta be safer ways to play an anticipated A$ drop.
  Forum: Macro Factors

lgrif
Posted on: May 7 2013, 12:58 PM


Group: Member
Posts: 524

Mookie, that post aint no "..contribution to the forum"
  Forum: Macro Factors

lgrif
Posted on: Apr 19 2013, 11:26 AM


Group: Member
Posts: 524

Hi MissA, Got to agree with you. Been there & done that over the last 3 years.
It's going to be hard for small explorers to raise funds for the next 12 months or more. Even for small producers, if there's a hint of a fundraising, down goes the sp.
Should give takeover opportunities for cashed-up Cos shortly.
Some gold stocks now looking cheap, but I'm taking Arty's advice that "...the trend is the trend till the bend at the end".
  Forum: Macro Factors

lgrif
Posted on: Apr 19 2013, 11:26 AM


Group: Member
Posts: 524

Hi MissA, Got to agree with you. Been there & done that over the last 3 years.
It's going to be hard for small explorers to raise funds for the next 12 months or more. Even for small producers, if there's a hint of a fundraising, down goes the sp.
Should give takeover opportunities for cashed-up Cos shortly.
Some gold stocks now looking cheap, but I'm taking Arty's advice that "...the trend is the trend till the bend at the end".
  Forum: Macro Factors

lgrif
Posted on: Apr 19 2013, 11:25 AM


Group: Member
Posts: 524

Hi MissA, Got to agree with you. Been there & done that over the last 3 years.
It's going to be hard for small explorers to raise funds for the next 12 months or more. Even for small producers, if there's a hint of a fundraising, down goes the sp.
Should give takeover opportunities for cashed-up Cos shortly.
Some gold stocks now looking cheap, but I'm taking Arty's advice that "...the trend is the trend till the bend at the end".
  Forum: Macro Factors

lgrif
Posted on: Apr 18 2013, 12:05 PM


Group: Member
Posts: 524

Thanks Surfer. Tears in my eye's from laughing
  Forum: Off Topic Chat

lgrif
Posted on: Apr 6 2013, 04:20 PM


Group: Member
Posts: 524

Whilst the latest proposed super changes probably ain't gonna happen due to election & new Gov't, as usual the announcement is short of details in which to find the devil, re the proposed over $100000 earnings , extra %15 tax; let's say in 1st year of change the members share of TAXABLE income, (not allocated income) was a loss of $80000, year 2 a gain of $40000 & year 3 a gain of %$150000, is the year 1 loss plus year 2 shortfall below $100000, carry forward & deduct from the year 3 gain?.
If not then then in year 3, $7500 tax is paid although the average gain for 3 years is $36667.
If the members share of losses is allowed to be carried forward (more admin work & costs), what happens if he/she rolls into another super fund; does the old fund notify the new fund of C/forward losses for that member?
What happens if, to avoid the tax, a member splits his/her accumulated funds between two, three or more funds resulting in earnings of less than $100000 pa in any one fund? As this is so obvious legislation would somehow avoid this by grouping the members earnings, but it could be up to 12 months after years end before the ATO had the info to group the income. Does the ATO then notify the 3 funds to deduct & remit X% tax from the members applicable years taxable income? Well before this the member may have died & the fund Trustee distributed the balance.
dear Mr. Swan, KEEP IT SIMPLE STUPID.
  Forum: Investment Discussion

lgrif
Posted on: Mar 28 2013, 01:08 PM


Group: Member
Posts: 524

Hi Mercury. The terms of the convert. note issue look good to me, ie convert at A$3.40 & a coupon rate of 7%.
I've noted some recent issue coupon rates of 10% for admittedly somewhat "shitty" co's.
My concerns with LNC have been its cash burn rates & P. Bond engaging in to many projects is the last 3-4 years, plus environmental concerns (right or wrong) with the UCG process.
I think Bond was told by the market about 12 months ago to stop buying into new projects & concentrate on getting positive results from the massive stuff already on LNC's plate.
sale of Teresa Coal project has been "pending" for ~ 3 years.
LNC has some great projects & future royalty (Carmichael) prospects, but income flows from many , are some 3 years or more in the future, save for the US Gulf Coast oil project, without which it would be in deep poo in my opinion.
  Forum: By Share Code

lgrif
Posted on: Mar 26 2013, 09:49 AM


Group: Member
Posts: 524

A positive article in todays "Aust" by Barry Fitzgerald for FAR. In particular "...chatter that Norman is not all that far off from securing a a Cairn-like deal for its 60% owned & operated block L6 permit ...of Kenya".
Pity it ran on a market down-day.
  Forum: By Share Code

lgrif
Posted on: Mar 20 2013, 10:42 AM


Group: Member
Posts: 524

Below is an extract from article in todays "Aust."

"..The west Africa agreement announced yesterday, comes as FAR progresses farm-in talks on the L6 & L9 blocks off the Kenyan coast in the heated East African gas space..."
  Forum: By Share Code

lgrif
Posted on: Mar 19 2013, 12:11 PM


Group: Member
Posts: 524

Seeing as FAR had to drill 1 well by Feb 2014, or loose the senegal leases, todays announcement excellent, yet sp only moved a little.

I'd expect as drilling time gets nearer, sp should increase.

As for Anadarko Kenya back to back wells, seems a mystery. Anyone know what's happening there?
  Forum: By Share Code

lgrif
Posted on: Mar 11 2013, 11:54 AM


Group: Member
Posts: 524

G'day Arty. i note from your 26/5/ message that "..hypothetical target of 48c.."

I'm a greed bugger & am hoping for ~ 59c- 60c.
Would appreciate your comments in this regard. Thanks in anticipation.
  Forum: By Share Code

lgrif
Posted on: Mar 10 2013, 10:19 AM


Group: Member
Posts: 524

Whilst the last 2 announcements were positive, there's no mention of how near design capacity jiangsu is running, nor when Mt cattlin is expecte to be re-opened.

Also ECE's withdrawl from investment announcement on 18/1/13 would have spooked investors.

I think/hope, further good news re one or more of the above would be positive for the s.p.

I hold & am under water on this one so have fingers crossed for more good news asap.
  Forum: By Share Code

lgrif
Posted on: Feb 28 2013, 10:56 AM


Group: Member
Posts: 524

"Increased Inventory" grades of 2.4gpt, seems low to me. Anyone know suggested development costs for Ashburton?
  Forum: By Share Code

lgrif
Posted on: Feb 20 2013, 05:11 PM


Group: Member
Posts: 524

G'day EB. ~Nov & dec 2012, heaps of advisors were chanting "buy the 4 banks & buy Telstra", so one up for them.
re Bank rip-off's , their mantra is - we need strong banks, not Euro type failures; so, if ya can't beat 'em, join 'em.

Wren, good point re non-offshore operating banks outperforming others, & if NAB succeeds in off-loading UK operations,I expect it's sp will spike.
  Forum: Macro Factors

lgrif
Posted on: Feb 13 2013, 12:06 PM


Group: Member
Posts: 524

Wren, when you posted on 11/2/ re Venezuelan Gov. currency devaluation that "..would think this would not be the greatest for the price of oil" , you were having a lend, right?
  Forum: By Share Code

lgrif
Posted on: Feb 11 2013, 11:20 AM


Group: Member
Posts: 524

Todays "The Aust" report "NST & TGZ are the only two Aussie goldminers finding favour with London brokers Whitman howard."
  Forum: By Share Code

lgrif
Posted on: Feb 4 2013, 12:15 PM


Group: Member
Posts: 524

If legislation were introduced to tax benefits where a members accum. benefits exceeded say $1m, it would surely have to be only on a % of benefits in proportion to the excess over the , say $1m & for simplicity/workability based on the value of benefits at beginning of financial year; ie if $1m was exemption & members benefits at beginning of fin. year were $1001000 only the excess proportion would be applied in taxing benefits paid.
If the tax rate was lower than the members individual tax rate, he/she might leave as is. However what if the members accum benefits consisted of both concessional & non-concessional benefits; It would seem reasonable the non-concessional benefits would be exempt, which under current rules would have many members converting as much as they could of accum benefits to non-concessional, which in turn would require a large draw down & re-contrib.
For this reason & because Governments dont want members drawing out, spending benefits & going on Gov pension, I think some form of cap on maximum benefit payments is coming.
For many the upshot of this will be eventually passing on large super benefits to their beneficiaries without the choice of spening it as esired. That scares me.
  Forum: Investment Discussion

lgrif
Posted on: Feb 2 2013, 05:06 PM


Group: Member
Posts: 524

Ah, Now I understand.
  Forum: Macro Factors

lgrif
Posted on: Feb 2 2013, 04:58 PM


Group: Member
Posts: 524

Hi Nipper & Flower,
Nipper I agree with your comment "we all end up paying...through increased compliance costs" & I imagine those gearing would have larger audit costs.
Flower, re "Super Class War Hits Investors", etc etc, I'm thinking it's time to now remove sufficient assets from my SMSF as, the return from which will keep my wife & I (based on old-farts tax-free threshold) under the tax free limit.
Obviously if/when one of us dies, the survivor will either pay tax, spend up,gift to kids, or look at alternatives then available.
Anyhow, due to the shear size of funds in super, what Government in the future will be able to keep their hands of it.
  Forum: Investment Discussion

lgrif
Posted on: Jan 11 2013, 10:10 AM


Group: Member
Posts: 524

On memory Anadarko was to spud 2 back-to-back wells ~mid Dec. can anyone tell me what stage there at?
  Forum: By Share Code

lgrif
Posted on: Jan 10 2013, 10:56 AM


Group: Member
Posts: 524

Once read an article by a retired investment advisor saying he used to spruke to clients "..its not timing the markets, it's time in the markets", but (having retired) he now says "that was bullshit"!

I wondered how his ex-clients felt on reading that.
  Forum: By Share Code

lgrif
Posted on: Jan 9 2013, 05:52 PM


Group: Member
Posts: 524

LNC sp still climbing sharply. Looks to me like its headed for ~$2.00.

This site very quiet. Is no one following it?

I'm told Stockanalysis has stopped canning it, & is now somewhat neutral about it.
  Forum: By Share Code

lgrif
Posted on: Dec 20 2012, 02:22 PM


Group: Member
Posts: 524

Behold, Wayne can see !!
  Forum: Macro Factors

lgrif
Posted on: Nov 16 2012, 01:50 PM


Group: Member
Posts: 524

Thanks for that Toby C. post denpal. It kinda supports my views. I plan to shortly buy a couple of oilers & miners but may stay out of gold stocks. The stocks I want keep hovering just above my planned entry price atm, having now read Toby c's thoughts, I'll give up to 2 weeks & then if necessary meet the market.
  Forum: Macro Factors

lgrif
Posted on: Nov 16 2012, 01:31 PM


Group: Member
Posts: 524

No need to say sorry EB, I was just being a smart-arse.

Ya know, when I read your "Index Trading SHORT TERM OUTLOOK" post, I seldom come away with a clear view, just a headache.

Means I've got to try harder.
  Forum: By Share Code

lgrif
Posted on: Nov 16 2012, 10:16 AM


Group: Member
Posts: 524

Some would say that a 40c rise is mush.
  Forum: By Share Code

lgrif
Posted on: Oct 25 2012, 05:41 PM


Group: Member
Posts: 524

Up sharply today. leaking leaking. Looks like E.F. sale firming up.
  Forum: By Share Code

lgrif
Posted on: Sep 29 2012, 03:15 PM


Group: Member
Posts: 524

Hi Alonso, I clicked on your site & read Companies reply, clicked again & read ASX's inquiry ; all to do with "Corporate Gov. Principles" "gender diversity" disclosure. What the? ; When employing, if the Gender Diversity is not 50/50, are the directors to overlook who is the most qualified to help the diversity?

How did the ASX Corp Governance Council (which I expect has the ideal gender diversity) come up with this sh-t & how does it assist with good company management?

Am emailing ASX in this regard & will also ask how their virtual monolopy assists with investors & listed companies diversity of choice.
  Forum: By Share Code

lgrif
Posted on: Sep 20 2012, 11:30 AM


Group: Member
Posts: 524

Good call on the BOJ EB. Unfortunately currency speculation to risky for me.
  Forum: Macro Factors

lgrif
Posted on: Aug 29 2012, 12:03 PM


Group: Member
Posts: 524

Some 1.5 B. shares on issue & Cottee is talking of "substantially exceeding our 500bop target in calander year 2013."
A piddleing 500bopd ? within some 16 months?
I suspect by 31/12/2012 they'll need to raise more cash.
  Forum: By Share Code

lgrif
Posted on: May 24 2012, 11:59 AM


Group: Member
Posts: 524

99.5% purity from first batch, without using the purification units seems an excellent result & in conflict with an earlier report suggesting it would take up to 12 months to achieve desired grades; todays report indicates ... take 12 months to ramp up to design capacity rather than purity grade. Phew!!
  Forum: By Share Code

lgrif
Posted on: Feb 16 2012, 12:37 PM


Group: Member
Posts: 524

Yeh, on memory Shell pulled out of one (at least) lease that subsequently came up trumps.
  Forum: By Share Code

lgrif
Posted on: Feb 15 2012, 04:44 PM


Group: Member
Posts: 524

Alkimos, I'm trying to share your enthusiasm re a JVP by end March, but after Shell & Ophir passing it's difficult.
Still as you pointed out Far has a couple of other irons-in-the-fire. If that 40c you mentioned is achievable, my wife might stop referring to me as "dxxxhead".
I hope Jv happens followed by a quick & successful well & someone in Shell gets the boot. Still a gold lotto win may be easier.
  Forum: By Share Code

lgrif
Posted on: Feb 14 2012, 03:00 PM


Group: Member
Posts: 524

can someone (EB you go first) please give me the definition of "Lipopygians"?
I think I'm going to be sorry I asked, but couldn't help myself.
  Forum: Investment Discussion

lgrif
Posted on: Feb 14 2012, 12:34 PM


Group: Member
Posts: 524

After a couple of years doing a good job, the RBA certainly blotted it's copy book this month.
The market is still predicting 75 points interest drop by Dec.12. here's hoping the RBA realise it's mistake by March.
  Forum: Investment Discussion

lgrif
Posted on: Feb 8 2012, 11:33 AM


Group: Member
Posts: 524

Todays update on Naga Ultara looks promising & with the 2012 exploration underway, with some succcess, 34c-35c share price may be achievable. Success with Woodside/Nth West Shelf should see that t/price easily surpasssed imo.
  Forum: By Share Code

lgrif
Posted on: Feb 2 2012, 11:00 AM


Group: Member
Posts: 524

After being unloved since listing, interest is now being shown in OTH.
Reports of expecting to hit prospectus target would seem to be the reason for sp increase.
  Forum: By Share Code

lgrif
Posted on: Jan 24 2012, 11:11 AM


Group: Member
Posts: 524

favourable report re Indo. acquisition in todays "The Australian"
  Forum: By Share Code

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