The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Play nicely!
i dont normally get too involved in the arguments between individual investors on here but MrC has been here for a very long time with a significant holding (wouldnt suprise me if he is one of the largest on this board). I dont know the guy from Adam but most of what he says on here does make sense so I do tend to trust his comments more then most on this site so if he wants to have a bit of a moan, I'd say he has paid enough money to warrant that at least.
Cant actually see what he has said wrong other then having a bit of a pop at Secker which he is entitled to do as a shareholder
Thank you mr james -- you are another guy who doesnt believe in democracy or negaany form of negativity on their investment, but I will remind you I am a fairly significant LTH here so I am entitled to my view also, so you can jog off !
speculating here, but could we see Biden giving some renewed tax relief to renewable companies and tax breaks on those shares? Feel like the whole sector is getting some Biden policy bounce soon. As said pure speculation but just feels like that's the path coming that will push more money into renewable sector.
You certainly are not constipated are you ? So much ****e comes out of you itās unreal.
Oh and I forgot and Secker may still be constipated which may be delaying any promotion of the project also !
I think the issue may not be with the government nationalising things, but instead the violent drug gangs nee armies making the country hard to control by the government. Thats the only conclusion I can come to looking at everything else concerning this share.
https://www.afr.com/companies/mining/lithium-boom-2-0-drives-4b-merger-supply-push-20210419-p57kh1
This was.published Oct 20#0 but a nice view.
https://www.bnamericas.com/en/features/mexicos-lithium-concessions-unaffected-by-nationalization-plans
'Just look at Politicians around the world - you have to wonder who in their right mind voted for them' - spot on r7, just look at the uk.
I think looking at Mexico nationalising Lithium does not make economic sense.
They are getting taxes and royalties from BCN when in production and its providing jobs and further interest in mining in Mexico.
Now if they Nationalise they need to pump in 450 Million for stage one and another 420 Million for stage two. Then they get 200 Million a year profit and another 200 from stage two And all the harm they will do to the Mining Industry in Mexico will far outweigh this modest gain. And if they Nationalised it who has the skills in Mexico to take this mine, or any other, into production. It's more non sensical Jeremy Corbyn , Nichola Sturgeon economics. It just doesn't add value. The gain for Mexico is not in the Billions like Oil. The quantities/volume is miniscule 17.5ktpa rising to 35ktpa or 50ktpa Versus Millions of Barrels of Oil per day.
Venezuela nationalised their Oil and everything else. Look where they are now. It doesn't work.
Anyway you look at this its an Idiotic idea by left wing idiots who think money grows on trees and promise utopia to the electorate. That's not to say they wont do it. Just look at Politicians around the world - you have to wonder who in their right mind voted for them.
Well balance post Fozdog
John, I have no issues with the worldwide class project this. But as others such asr c and nomad say we are underperforming and must be a reason why. You stated that āday moves donāt matterā and thatās precisely where utter rubbish from likes of Mullins repeatedly posts prices laid ā45p paidā then gets on their high horse of filtering someone and claims to be long term. Iv got no issues with positivity but moment a negative comment comes in itās pounced on as you have in the past also.
I remain of the view we are struggling with amlo and concerns around Mexico and remain so.
Regardless of the mining permits being unaffected we will still be subject to regulation, tax and anything else that he tries to bring in.
Does it mean Iām selling? No but thankfully I didnāt blindly buy all I could and used isa money elsewhere which Iām proven to be better off for doing so.
We are also with a Chinese company that with Huarong isnāt having the best time of it atm. It feels like China is putting a bit of monetary policy squeeze on and credit creation is down.
This is precisely why we need a listing in the likes of Nasdaq but maybe weāre not allowed it due to the depth of Chinese involvement? Not sure of the rules there.
Whatever the situation I still think Secker has performed poorly, both with timing and decision making throughout. Letās see what the next Rns brings and how he intends to steer the company to positivity for share holders.
when were we in the 60's ? ... end of January ? Thats 224Million shares at 60p = Ā£134M Mcap. We now have 331M shares, that same Mcap would give a price 40.6p . You could argue that the 60p was unrealistically low, I would tend to agree. I would also say that EMH, certainly at over Ā£1, was toppy. We are where we are, it was a massive raise and caught me out with the size of it and the price; i'll have to chalk that down to inexperience and try and learn from it. Don't forget we have another 53M shares to be admitted in, maybe, around 2 weeks.
I see this as slow, slow rise for next 2 years, by which time I predict Ā£1.50. Not a bad return if you have the time and patience.
Good luck all LTH's - this post does not constitute financial advice :)
BCN is still suffering from the REM and Lenigas agendas from seven years ago. I truly think this. So many PI's were burned when REM was pumped and dumped, then others during 2018 lost a lot. There's only so many private investors and once a company is tarred then that is it. Ultimately value will prevail and I'm happy to wait.
Lets not kid ourselves, on the face of it this is one of the highest quality and largest quality Li deposits on Earth, but what I cant understand why it seems to be disliked by the market and why it languishes around the 40's since the start of the year. Secker doesnt seem to care and I cant see why. EMH has done well for everyone on a less sturdy basis than this. I cant help thinking there is a maggot in the meat that we dont know about ?
'r', Mc C and Foz.
I'm more than happy each time I see any of you posting with your thoughts, I've filtered a fair few in my time but no one here. Lets not squabble, all thoughts help as far as I am concerned, this is a good board..
None of us are here for short term geewhiz gains that were so prevalent amongst several green leaning companies earlier in 2021.
It matters little what the daily movements are (though we will still look and get dismayed), the important thing is how successful this company is eventually likely to become. If you believe it will succeed then invest, but take a long term view, because someday the SP will have no option than to reflect it (assuming it does). Nothing is certain on life, I don't anyone should confuse this with a share for widows and orphans - though what is theses days?
Having bought on the way down from 68p my 30p average has become 40p, so just about above water at the mo. For me it is more about newsflow, something the sadly BCN is apparently poor at - they may not need to release RNS' every week but with the like of Twitter they can post pictures and non regulatory news regularly and cheaply, spreading the message. I think it is possible that there will be a kick up when Ganfengs increase in its shareholding to 28.8% is authorised. Not only will that provide a 'safety blanket' in the bank account against development costs but also will demonstrate confidence - the opposite being true if not authorised. If anything I am planning to buy on opportunity, having sold a few the other day and watched it retreat few pence.
āThis is something that foreign and national private investment can generate. In the end, all these companies pay royalties and taxes for the exploitation of this resource ā, he concludes.
https://www.explica.co/the-reason-for-the-heated-debate-on-lithium-in-mexico.html