Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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https://m.youtube.com/watch?v=f7MzFfuNOtY
Comparing electric v hydrogen batteries
Electric and lithium will be dominant for the next 20 years or so and then hydrogen power will be in the ascendance. Hydrogen is the most common element in the Universe and will never run out. Its production does not have the same environmental impact as the mining and transportation of lithium. There are various methods already being applied for its safe transportation, for instance as NH4. Hydrogen powered vehicles will be much lighter and not have the range limitations of lithium batteries.
That said I am heavily invested in BCN and wish the useless management would get their fingers out.
The future is electric and lithium...for a while anyway. Liquid Hydrogen is only relevant if you want to leave earth orbit in the current era.
I think KIA make a hydrogen version of their SUV which is nice albeit Tesla Model S pricing. My take is ok Hydrogen produces no pollutants and allows you good range with fast refills. However, Hydrogen takes power to produce in any sort of volume, its very very dangerous - makes petrol look inert in terms of explosivity. Virtually no distribution infrastructure yet. Fuel cells will likely always be very expensive to make to give decent capacity as they use Platinum and various other rare metals.
How long do they work for without replacement/specialist maintenance - (this could be leveled at batteries also though).
I just dont think they will ever be cost effective personally...
I suggest you google hydrogen fuel cell cars and see what you come up with. Already 3 hfc cars in production and nearly all manufacturers looking at it as an option so autocar say anyway. Was not saying it will be immediate but the time will come when the greenies will examine both options and plum for hydrogen cell as the more environmentally friendly according to the evidence I have read, maybe it’s all wrong and you are right but hey ho I will not be around to see it.
Of course not bannor. Just annoys me when people don’t have a clue about electric cars. Hydrogen lorries poss but cars in the main stream nah not a chance
I assume that comment was aimed elsewhere rather than moi Mr James LoL :-)
Additionally of course there's on going R&D that will further improve the current range & charging times .... some EV's are becoming very competitive now when you consider the day/day economies over driving ICE vehicles.
Hahaha jeez do some research before typing
Range :
https://www.carmagazine.co.uk/electric/longest-range-electric-cars-ev/
Charging:
https://pod-point.com/guides/driver/how-long-to-charge-an-electric-car
Taly maybe semantics but of course it is potentially worth more but is it as it stands actually worth more NO not until the financing of construction is sorted. If they do not hurry up lithium could be surpassed by hydrogen cells and their quicker re-fuel time. Otherwise journeys of over 200 miles say become nigh impossible with lithium cell technology as it stands maybe just about tolerable in small countries such as uk but out of the question in big countries without overnight stays.
To me it looks like the people who were expecting a quick 20% have sold out, the PS interview was not helpful, the MMs dropped the price and this understandably spooked a lot of people who hope for better returns elsewhere. Now waiting for the price to settle and am expecting a slow and steady price rise back to at least the forties as we near further news.
I understand the sentiment but at the end of the day you have to ask yourself if this business is potentially worth more than its current E/V of £44.9m.
Know what you mean about the risk profile with this one, but at the end of the day when we’re playing on the AIM it’s all about elevated risk levels for elevated opportunities.
The key is not to be too greedy. That’s the 64,000 dollar question though, just how long do you ride the wave before it starts to break.
I don’t plan to be in VAST for the long term, hopefully make some decent returns in the short term then exit and look for the next long term project. Might even end up back at BCN one day.
Anyhow, good luck to us all and hopefully the AIM gods will smile on us all this week.
Every investment I have ever done in an African company has gone badly for me...
Wouldn’t touch any Zimbabwe company, too dodgy, but good luck .
I have to say that despite starting the week with a very positive outlook and believing that things would come good I decided to get out yesterday afternoon.
I’m glad I did as it saved me dropping another 5% today.
I expected a much more positive result based on the imminent clarification on the gangfen deal.
It’s a shame as I’ve been in an out of BCN Several times over the last couple of years and I thought that this was the perfect storm to push the share price forward, seemingly not.
Good luck to everyone still in the game with these guys, for me it’s time to look at pastures new.
Thankfully my biggest holding is now in VAST which has more than made up for the disappointment and lack of performance in BCN.
Tomorrow could be a big for VAST with another RNS due this week, but where have we heard that before.
"pure fatigue with the share, it is very hard to generate new excitement" - I have been here probably as long as anyone and this has pushed me to the brink in the last couple of days. I have sold down some of my cheapest shares in disgust -- if the market can attribute a decent value to a share like this then any AIM investing has got to be 50% guesswork and 50% being connected to the manipulation gangs that prowl AIM.
Have to say I am majorly disappointed that we did not get an immediate boost when the Garfeng deal was finalised. It was all people had been talking about for weeks and when it happened there is no reaction. Immediately talk has moved back to the funding issues that had been the previous topic of concern. Expectations were high and there is now a lot of disappointment. In reality the Garfeng deal derisks BCN to a large extent and should underpin the SP. Even if we do not get an immediate boost there is now no logical reason for the SP to collapse since the Garfeng deal underpins BCN at least at this level. It is just disappointing to wait longer. Sometimes investing in AIM shares I almost expect to multibag on a share when deals are passed or issues resolved , but it does not always work that way. Sometimes shares take off for no apparent reason or on slightest rumour.
I think one of the problems with BCN is pure fatigue with the share, it is very hard to generate new excitement. I for one am quite heavily invested in BCN so will not be buying more shares what ever the news and this maybe true for a lot of BCN holders. So for the share price to go up we need to attract new holders, traders etc. Interestingly there has been no large scale selling, so it seems that our major investors are happy to hold.
What I find fascinating is that the share price averaged about 80p in the 3 year period 2015 to 2018 peaking at about £1.50 early 2018 and all this time the funding issues, partner issues and many other risks were present that have now been resolved, derisked or improved. So the SP should be at least at these levels. Why were people not fretting about funding in January 2018? It seems that most people only focus on one issue at a time.
It seems I am going to have to wait this one out till there is more clarity on the funding. This may not take as long as we think. Alternately I could sell out and try and catch a ride on some other hyped AIM share, to me this would seem quite risky strategy since I could easily loose money by making a bad choice. At least with BCN I now feel we are on some sort of pathway and have passed many major hurdles. I think for now I will stay put.
Mr C . I can understand your disappointment, I am OK with BCN but under the water with KDNC which was overhyped by DL. I have no problem with present BOD and I find Kiran replies to emails and telephone calls. You must know from my posts that I think BCN and KDNC are very undervalued. I do think there are too many negative posters who are undermining share price and as you are holding on be more positive.
degsie - I am starting to sell down some of my cheaper tranches of shares but I will take a view on whether to get out of the rest and take the loss.. What with KDNC and this I wish I had never heard of Lithium mining. These BB's are full of people who cant understand risk vs reward. If it takes 10 years to double your money why bother when there are so many other much safer investments which will do this easily in the timeframe. I accept that BCN may be at say 150p+ in 2022 but thats too longer wait from 2014 when I started buying...
Mr C . If I was as gloomy as you I'd move on .
Therefore I repeat what I said earlier -- was it worth the wait 7 years for a 3 bagger ?
I have to say I am gloomy because I am angry with this stock, if I had bounced in a couple of months ago I would have less of an excuse..
I think it was an option to buy the other 50% for USD30m
As I recall , we had a option to buy the other 50% from solar world for zinwald in August 2019 for £ ? Millions , unfortunately solar world went bankrupt & secker has agreed a 6 month extension with the administrators to February 2020 , think nothing will happen till then , till we own 100 % of zinwald, which we would hopefully get at a cheaper price from the administrators & put us in a better position to re list zinwald as a separate listing
Spot on re clarity because currently lack of is driving the market in BCN.
However mr c I disagree with us not benefitting we will benefit but it seems that the benefit is now 2 years down the line unless there is some shock Zinnwald development.