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https://www.youtube.com/watch?v=Vw46k9c39m0
sulpher instead of nickle more efficient cheaper
and
new battery tech from toyoto using solid state.. its not clear if this still uses nickle
Roger, are you a Russian in disguise by any chance? If Sageman sells his shares for a measly 2.5p I bet I know who's buying them Rog! Building a position here by any chance Rog? One negative post after another, you are not having my shares mate!
Oh come on sageman, did you really believe there was a deal?? Never was and unlikely ever to be one with RY at the helm. If we can claw back to 2.5p then I’d say that’sa great exit point
I was looking at the sp recovery from its lows. We never discovered the potential buyer. I assumed they were Russian and would buy in roubles. The rouble tanked but has recovered strongly. If the deal is merely delayed as opposed to dead it helps to explain things.
I don’t think we can blame the BOD for Putin. We had a sale agreed at circa 7p. Wars don’t last forever and the mine remains a major strategic asset that will get built and used for EV’s. Frustrating to bottom drawer this but with patience I still expect to emerge with a profit but it could be a long wait. Glad it is just a small part of a diversified portfolio. GLA
Wait until the conflict is over, hopefully at point no sanctions preventing a sale, sell the lot to whoever, take the money and don't look back!
Re-invest that money in a good company, with assets, in a friendly country with a BOD who have skin in the game....else stick it in Footsie 100 company for dividends, added bonus we'll all get a good nights sleep!!!
ART
At the moment nobody is going to be selling anything in Russia. As for starting again with new management on a new project I very much doubt there’s the appetite for that amongst PIs. On top of that how easy do you think it would be finding a new project?
We need everything in the Ukraine to normalise and we have to hope that when it does nickel is still an EV battery critical metal.
TDT
Or perhaps wait ‘til it eventually sells and grab your money quick and try to forget the mistake we made
MD
Okay, then how about: sell asset in Russia, get new management, old management resign/retire, acquire new asset(s) in friendlier environment(s).
I wouldn't give this BOD a single penny of mine to manage...the most inept, useless, lazy good for nothing bunch!!
Peddled it last week. No logic to that suggestion whatsoever.
ART123..
In the words of the great John McEnroe,
"You Cannot Be Serious"
Just an idea.
Maybe this might be a good time for the management here to look to acquire a new asset anyway. If the sale was to go through AMC would become a cash shell and then they would have to get a new asset so why not do that first. They could acquire a prospect in a new and safer environment and then even if the sale doesn't go through there will still be some value here.
Acquiring an asset will also give the lazy management here something to do because they certainly haven't spent much time over the last few years on the current asset.
roger65....thank you so much for your valuable, informed input, what would we do without you?
Utter tool!!!
Kammy
Brilliant update from Todger. Really value his opinion
In your Dreams…As for TDT being ‘reputable’, now that’s the best laugh I’ve had all week!
There is no sale here and that whole farce of a recent RNS was in my view a total ruse.
So it is worth 7 pence a share? And the price is only 2 pence? Lots of upside.
Thanks TDT, its good to hear someone reputable saying there is a high possibility someone is accumulating, its keeps the life machine on!
Astar
If all nominee accounts are going down bar one then it implies that somebody or bodies within that nominee account is/are consistently buying. If you have some other explanation I'd be keen to hear it because I can't think of any other explanation.
Of course just because there isn't another obvious explanation doesn't mean to say I'm right. It could just as easily be that I'm not smart enough to figure out what it might be.
TDT
" There can only be one logical explanation for that" and whats the explanation TDT?
Stu_1978
I think the accumulation has been going on for several months. All the nominee accounts on your spread sheet, with the exception of Hargreaves Lansdowne, have dropped in percentage terms since the start of the year with only one increasing significantly and that's JIM Nominees. Go back 12 months and even Hargreaves Lansdowne hold less now than they did May 2021. There can only be one logical explanation for that. Unless anybody has another plausible explanation?
TDT
Well spotted TD2
Worth noting also they only made it in the list over the threshold last month too so have been accumulating for at least two months IMO
Excel sheet screenshot that I have been keeping:-
https://ibb.co/KLmBrc9
The only thing worthy of note this month is the new JIM Nominee account increasing by almost 6m shares. That's by far the biggest increase of all the nominee accounts both in terms of numbers of share and monthly percentage increase (close to a 10% increase on last months JIM Nominees total).
No other nominee account is showing anywhere near the same level of accumulation.
TDT
Good swap that !
+1,224 tonnes in. That's the largest daily increase for several months. The nickel price seems to be heading back down towards a more sensible and sustainable level as well. What we need to see more than anything else is an end to hostilities in Ukraine. We might have a long wait for that.
TDT