Member Info for 15LIVES

Oh today just gets better and better. Just got home and Ernie has given me a little extra too. Not loads but a nice cherry on the top of today's increase. Quick bite to eat and then out again to quote for a job in a cellar. Sorry folks.

Everytime I work in an attic - last week and today - the share comes up with me, like a weird mirroring of my physical state. The higher I go the further the share price rises too. Don't think Kondratieff, Elliot or JMK factored such happenings into their economic and market predictions but it seems to work in mine. Here's to next week as I'll be standing on a chimney pot pulling a flue liner through. Good luck to all. Now we're gaining traction.

Chesh Nice to see a good cross section of folks invested here. Up the tradesmen! Don't know how you do electrics. Too damn fidly for me. Takes me as long to wire up a plug as to put a boiler in.

If only Superleggera lol. I wouldn't be in this bloody attic if I had that many I can tell you.

Oh my word! Do my eyes deceive me! Just thought I'd have a sneaky peak at our share price whilst waiting for a central heating cylinder to drain down whilst working in a customer's attic and I nearly fell out of the loft hatch seeing us seemingly moving above 35p with a push that could hold weight. Long time coming but one us LTH knew would happen. Onwards and upwards now hopefully to new ground.

Kspine You say 'knowing the positive news flow to come'. That's just the thing though: you don't know. None of us do for certain. And it's that lack of confirmation which still makes us a speculative punt at the moment.

Superleggera I understand what you are saying regarding dividend payment before 20mtpa costs are finalised, but the point I was trying to make (badly), wasn't what LITC thought any dividend payment would be in actual pennies but rather roughly what percentage of final profits could be given over to dividends. You can value a company as much as you like in terms of shares in circulation, turnover and profits per share but if and when any dividend is paid, and more crucially how much of the profits are given back to shareholders, is as much a contributing factor as all the other crucial yardsticks upon which we're extrapolating a future share price at a given time. As an example, if CF was to announce today that there shall be no dividend until 2027 regardless of profits the share price shall surely react differently than if he was to instead announce 80% of profits after costs shall be made immediately. The point is the mine shall still be built, we shall still produce and sell the same regardless and we shall still make the same profit in each scenario. The only difference shall surely be the share price. A share price some are trying to pin down when none of us know all of the factors that shall determine it.

Thanks for that LITC. As a state of the art mine and a 100% product sale for every ton mined I'm of the opinion on going maintenance costs shall be at a minimum and as such, once debts are repaid, a decent percentage of profits can if wished be given over to dividends. This in itself could drive share price.

LITC Well thought out and extrapolated post. Certainly something to ruminate upon. Is your 8-12 EBITDA multiple based on market / sector prices? Also, your 40% valuation post stage 2: is that just your gut feeling or is it reflective of other start up projects similar to ours? Interested to know what your thoughts are regarding dividend payment based on those cogent figures you've worked through. This is surely a major contributing factor too: percentage of final profits given over to any future dividends and from that yield share price as a multiple. Regards.

Hi NoEasy The trouble with charts and graphs is that a lot of the time (not always ) you have to look at them retrospectively to either confirm or deny whether you were at the point you thought you were at a time now passed. I agree with your observation regarding share price since DFS and comment that on a long term basis once the slight peaks and troughs of our current trading range are smoothed out with the passing of time it could be viewed that we are now already on the upward leg of the J-Curve. However, to me, at this stage, I don't feel it, even going back further than the DFS to my buying in at 2p. One fly in the ointment when observing the share price from the time of the DFS (and before) is the little matter of dilution. Whilst it can be argued the share price is the share price is the share price, when taken into consideration are we really up, down or flat lining.

Duracell I agree with your jigsaw analogy. However, for me the final piece is when our first shipment leaves port. Like a few others I'm a little surprised that we aren't higher at this stage, even with stage2 not yet confirmed. It sometimes feels as if a law has been passed making it illegal to trade above 35p. With each piece of good news and no major increase in share price I just see the spring tightening ever tighter so that when stage2 is confirmed, hopefully with no dilution, the share shall make up lost ground and that long awaited J-curve shall hit us. Hopefully all goes smoothly from now on. No more construction mishaps please contractors. I was upset to learn of accident this week. Not from my financial perspective but the personal upset for worker involved and their family. I've worked in industry all my life and have had traumatic accident myself some years ago so know all too well the impact it can have. Best wishes and a speedy recovery to worker involved. Long ago I thought I'd filled my boots with Sirius, but at this price and with things looking as good as they are I'm asking myself whether one more top up is in order.

Superleggera Ah the North Dakota years. I remember it well. Have to concur that my initial interest here was also a naïve foray. Tipped by the Penny Share Guide at 2p with a target price of 5p I thought I'll have some of that. Without any further research on my part I banged some money in hoping for a quick double (yes that was my lazy, fingers crossed approach to trading then). Over the following several months the tipster guide repeatedly recommended them. You can imagine all the caveats to which they warned back then and which we have mostly overcome since. When they were 2.5p they started talking of them potentially going up to £2. I nearly choked on my corn flakes that morning. With my interest now well and truly prodded I bought more. £2! I'll bloody have some of that ( oh what an ignorant and greedy investment approach that was). And then in the one issue, when they were about 4p the tipster guide spoke of potentially £5 per share if all went to plan. Yes you read that correctly: five pounds! Every spare bit of my cash went into them at that time. I knew the risk was extremely high but it suited my style of investing. I adore high risk / high reward shares and heightening that risk by piling in a good chunk of investable income. Not long after the editor of the tipster magazine left and the new editor took a totally different approach to Sirius. He warned of not getting planning permission and a Russian cartel which would stymie anything Sirius was able to put to market. So I cancelled my subscription and bought more from 4p to 13p. I felt I was alone with them all the way up to planning permission but then, in an attempt to find out how the vote went that fateful day, I stumbled upon this bulletin board. The level and depth of knowledge shown and shared by posters on this forum is phenomenal and only served to shore up my continued belief in our project here. I'm blown away sometimes by certain posters' knowledge regarding everything from the intricacies of planning applications to the nuances of the project build. My honest belief is that without the input of certain posters over the past few years I would have cut and run around stage one funding. Thanks and good fortune to all.

Fred I have this problem too with my mobile access. It happened last night. Posts appear then disappear only to return later. It must be something about being on holiday. I'm up in the peak district and last time it happened i was on holiday in the Lakes. Many thanks to all the posters confirming and clarifying the intricacies of the planning approvals and the happenings on the ground regarding construction progress.

And now it's back! Thanks.

Well i put a reasonably lengthy post on here about 9.30. It stayed on for approx five to ten minutes and now it's gone. Jeez this site is crap recently as this has happened before. Get your act togethet whoever is responsible and please get it sorted!

I'm just watching a documentary on the design of the Boeing 747 jumbo jet which is 50 years old. It's telling of the driven and visionary PanAm boss who went to Boeing with his remit for an airliner that would be disruptive to the airline industry. Many thought his belief was misplaced and an ambition too far for a market not warranted. Boeing had to clear a huge forest area to build the factory devoted to the 747. The challenges were huge and the hurdles daunting merely to build the factory. It tells of the legal contracts drawn up and scrutinised with a fine toothed comb along with the expert team Boeing put in place to oversee each differing aspect of the build. Obstacles were tweaked and altered to keep the designated launch date on track and within budget. The 747's launch was breathtaking, quietening the naysayers with a product that transformed the market within which it operated, permeating into every part of the globe, modified and improved over the years to still dominate today. All because of one lone visionary. Thank heavens such people exist to pull us all forward.

Paradrummer You're a youngster compared to Warren Buffett (87) and he's still investing long term. No reason why you can't see us at 20mtpa. Best wishes.

Superleggera I've said on here before and thought all along that CF shall pay dividends as soon as we are up and running at 10mtpa. Even if the first few dividends are token payments I'm sure our man shall want to reward us shareholders within the first year of us turning a profit. How he shall do this I'm uncertain. In all honesty he probably doesn't know himself at this stage. I've been of this opinion because of how I see him as an individual. He takes no ****e from anyone who crosses him or let's him down but at the same time takes great pleasure in rewarding those who are loyal and stand by him, whether individuals or community. Besides those who shall lend money for stage 2 funding there are those of us who have been here years before those now about to step up to also be counted. We've invested and helped stage 1 funding with no conditions. Some of us fought for planning consent too. We've ploughed our belief and hard earned in long before those now on the sidelines. We may be small fry financially compared to the II and banks but we private investors are the giants upon whose shoulders those about to follow shall stand. Because of this I feel CF's integrity shall fight to reward us as soon as possible. It would be a big ask to say to investors who had got you up and running and been loyal for perhaps a decade you shall have to wait several more years whilst we make money before you get any of it back. I just can't see it. How, I don't now, but I believe CF shall fight to reward us in 2023 should we by then be at 10mtpa.

My 8.18 post has disappeared. What's going on with this bloody site past few days! Come on LSE and get it sorted.

Forget that mention. They've gone onto something more important: a potential shortage of beer due to Co2 shortage. Oh well.