Losses

 Not everything I buy has gone up...

BDC, SVY, ARX, GSS, DRO, MOB, PPS have all fallen in value.  However, most have good news to report so I topped up most of them!  Don't intend to buy more new equities or our portfolios will become crowded again!

Drone technology

 Today, I put my first investment into a drone stock.  Actually I put it into 3 stocks but only collected one parcel. It had a SPP recently at 70c...and I bought XTE at 69c so I am happy!

The other two stocks I missed even though I didn't put a ridiculously low price.

https://stockhead.com.au/stockhead-tv/stocktalk-drone-industry-is-flying-off-the-back-of-escalating-global-tensions/?utm_medium=email&utm_campaign=Stockhead%20Morning%20Newsletter%20Wednesday%20August%2026&utm_content=Stockhead%20Morning%20Newsletter%20Wednesday%20August%2026+CID_8992c10b64216972ed68f30321e0243d&utm_source=Campaign%20Monitor&utm_term=StockTalk%20Drone%20industry%20is%20flying%20off%20the%20back%20of%20escalating%20global%20tensions

Gold miners in Mali

 It is admirable, all those brave Australian gold explorers (and of other minerals too) in Africa, especially in the sub-Sahara.  I used to invest in them but sold out because while they were very good at finding the gold, it was very difficult to get them out of the ground.

Why?  Unstable, ineffectual and/or corrupt governments.  Couple that with Muslim fanatics/terrorists, you have a useless investment, no matter how much minerals or precious metals they found.

So with the recent military coup in Mali, the outcome for those miners is obvious.

OZL

 I did invest in this miner a long time ago but sold out many years ago.  Then I bought a small explorer, doing its best in Brazil and it got taken over by OZL with a great premium.

For a long time, I pondered about selling off OZL but its latest report suggests I should now accumulate!  It has bought a IOCG deposit in SA a few years ago and will be producing copper and gold soon after initial hiccups.  Unlike those deposits in South America (read BHP and RIO), South Australia has very few Covid 19 cases allowing its mine to develop as planned.

Gold is a secondary 'by-product' and the price has been most rewarding.

Its share price has jumped about 150% since the recent global low in March 2020.  That is not spectacular overall as some of my other stocks have leapt by more than 300% if I had dared to buy on 23/3/2020.

Its customers are diversified and China does not have much copper of its own.  With global supply falling by 4%, it is unlikely to slap a tariff on Australian copper; same with Australian iron ore!

Tech stocks...

 PPS is making inroad into big four banks' territory, selling fund management.  It is small compared to NWL.  But sometimes, it is better getting in when they are little.  Recent evidence of climbing value is heartening!

OCL is making its founder edging towards being a tech billionaire with its software.

Should I make a beachhead investment in them?  NWL is up over 100% (net) although it was a bit rocky for awhile.  It was frustrating at one stage when top-ups were disappointing!

SVY

 I overheard about this company during a Stockhead interview with Nigel Maund, a economic geologist.  And then when I look at the company presentation to raise money, the share price is around the SPP price 60c.

https://www.asx.com.au/asxpdf/20200721/pdf/44kq1yqw2jfnwn.pdf

I collected my beachhead investment at 59c last week.  When more money accumulates, I will be pumping more into it!  Its future looks rosy except that it is under the Victorian Covid 19 lockdown.