Member Info for AIMtodeath

I think that Oman is a failure on behalf of the management in their decision to pursue, their lack of information regarding the resource since 2016 and failure to get it over the finishing line after the time and money spent on it and want pay and bonuses for abject failure ...I think they have done as good a job as possible exploring Portugal but their share price management is a fecking disaster, pack of clowns. They have delayed Moz again and again and yet they want pay and share bonuses on delayed delivery dates. Taking more options than they can afford and selling in the open market, highlighting there is no news as it's not closed period/price sensitive time.... Good projects, able management in certain areas, but smells of amatuer hour on some of the basics. I'm still holding like a lemon and still see value but they are a pack of tools sometimes.

Oops.... Bottom line HZM not raising funds until mine build, a lot to happen before then that will decide what is needed and when. Offtake/partners interest will put a value on the project.

People would be deluded if they think this company will not have to raise cash again.... It's not a negative point, it's a fact that to get past DFS, mine decision and Capex 'any' company will need more than the 8mill they have now. It's a question of when. I'd happily say they have enough to start a DFS. Offtake agreements and partner negotiations during DFS will have a price gain that they could raise into. Also if a fundraise is design to bring value by moving forward of the project, such that the project increases in value then it's positive reason to raise. It's past the point of raising funds to put blind holes in the ground that may or may not result in positive news/resource find.

4 x 100k sells......Just can't get traction.

It is not dropping like a stone.... China spot prices were significantly higher than rest of world pricing, which were the ones picked up. Rest of world has softened a bit. This was also post cheap tech grade surplus and a change in subsidises in China. Softening prices make cheaper batteries, cheaper batteries makes for more demand. Orobicre (whatever name) had rising selling price in Q2. 6% spodumene is still above $800, most hard rock suppliers have mine decisions based on much lower prices, SAV is $685 and that price is very profitable. GS, Lithium experts.....not. One of many voices with an 'opinion' And all this negativity you only discovered right after you invested in the Lithium space? Perhaps you didn't research enough before hand....

I'm sure RNS' have alluded to comparable projects. Also this is described as a Tier 1 asset. That is information enough to understand the quality of the project. Comparable project sold for $850M circ....

There is a seller..... Simples. Any rise or good buy volume is absorbed by the seller.

No one said it was a fund but if it's a fund....well they took £11M+ between them at 9p sooooo not sure why there are emotional out bursts about price movements.

No, just another person with money taking cheap shares from light fingered holders. There are a group of holders from 1 to 2p that have missed selling on the spike and can't be bothered maybe with another flat 6 months, EV space a little subdued (despite positive demand forecasts /sales figures saying otherwise) and deciding this is their end of journey. A new journey begins for someone else. Coughing up £42k is not done lightly, so new money still sees plenty of future. I see copper nibbling away daily, finished above 6000. Looks like mine strikes averted were already priced in as price only risen since first wage agreement. 3 averted now. Let long term demand now dictate price with falling grades, lower outputs etc. give upward pressure.

No improvement on the bid with that unfortunately....

They ripped put the bud on small volume then picked off the 3 big sells low ball.

It's tough going though the climb, plenty of downward pressure..... All the while inventories are falling lower and lower.

Don't forget a lot of current drills are actually infill drills, these are not designed to increase resource, though possible if they hit richer areas between previous holes, but are designed to convert indicated to measured, which is required for FS, lending and offtake agreements. You need the resource more assured. The arrival of the 3Rd rig will help in step out drilling alongside infill. I'm not expecting to increase significantly on first upgrade, I expect it to be more about measured. We have enough resource for a going concern, get it measured and then add volume. I'm sure they'd like to break the 20Mt however on any expansion.

Today's price means nothing, it's the price in 2019 and 2020 that matters to an investor.... Yes you may well get a lower entry price today than yesterday, but then again you could already have had 8p last week.

No one knows it.....

It has taken 20 years to get Li-ion to where it is today, how long to get any other tech to a commercial useable level.

Chemical manufactures are into 5 and 10 year contracts for lithium supply, VW has ordered $48b in batteries...... do they look like short term investments? VW and BMW are looking at next gen batteries as solid state Li.... from 5 years out. Surely they would know what tech is available and it looks like for now its some form of Li....

SAV is not a Li play only, its copper and HMS. Either of those other 2 would be capable of supporting the current price without Li. Do you not see the Portugal scoping study as viable? How does it compare with peers? Is the world not embracing electric vehicles? Governments are inforcing electric change, car companies are all commited to making electric only cars...... its Lithium based until its not and it will take some serious breakthrough on a commercial level to usurp lithium for now.

Rants about dilution are unfounded and lacking in balanced judgement of the price movement of this share over 3 years and the development of projects and the use of the money etc. When you invested you should have known how much money they had and when to expect fund raising for the project developments and the importance of the raising and the value it can create etc. Your mistaking this share and perhaps others for the likes of UKOG and the ever ending money pits required to achieve very little.

500k late buy at 3.7p look about right?

And after the onslaught it looks like a tick down post UT, so you will get even more shares tomorrow, cheaper than today.....

Big uncrossing trade too at end of day, someone in a hurry to leave.

This was hanging around 6p since before Portugal was even a thing..... It was 6p when they were drilling out Grandao with juicy intersects..... An above average industry peer group scoping study and it's sat under 9p! Your damn lucky if you can still buy shares! Don't forget it only went to 8p after the hopes of Oman licence given all no objections came in. So still under 9p after that scoping study! Wait until the figures come out for 20 or 25Mt!!! Note the price at market is ONLY $685/t for these awesome figures. Yet the market has been punishing softening lithium prices.....yet they would still need to drop ridiculous amounts before even hitting our still awesome income price (most AUS peers are also priced at mine decision based on prices much lower than today, yet still punished by market). Also in the first 4 years covering the possible 2020 over supply we actually only have C1 costs of $210 for fsake...... That is as low as even the best so we can operate easily down at $350/t and if market tight only the sweetest quality of spodumene will be taken up, oh we have perfect vanilla spodumene too.... If a group of wealthy probably mostly more savvy investors than you threw £12M at this company at 9p don't you think following the money at less than them is a good idea?!?! This is seriously derisked for Portugal now, it's a great project and financially lucrative right now.....wait until it's got 25Mt and more close to surface ore. 2 of the areas not drilled to the south have 10m+ 1.22% from surface on original ground testing....... We don't need Europe, even cost pricing is based on supplying China. More ore and longer life will help with contracts, so that's why we are drilling hard right now, get up volume and convert as much to measured, to show its not just good on paper it's definitely there.

Big chunky buyers bought out of it.... YOU gave them that opportunity, the MMs just helped you out of your shares.