RE: Looking forward29 Oct 2020 12:39
ConMan 1 month ago at a price of 10.75p :-
"People have to take responsibility for their own investment decisions. Some of the comments on here for me show some serious flaws in peoples investment ability/strategy. I don't get why people would realise a loss right now, having gone through a very long period of sp decline, when now, after all that time the real excitement is emerging.
Furthermore, V Prices are higher than they have been when they were really low, and hopefully we will see a further increase in V price in the future when steel demand grows + VRFB take up. Nobody should be giving investment advice, but when I look at my paper loss and I consider selling, I have to think to myself about any further downside to the SP. How much further can this really go? We're currently c £125 MC. We have world class deposits, we're a producer and we're growing our production organically (as well as some capex spend to get the most out of the deposits).
My view is that realistically there is very little further the SP can decline. I believe that we're at the bottom (or close) caused by many different reasons which are often discussed. But my belief and research tells me that V prices should continue their upward trend from the lows, BE will start getting orders, production will go up, costs will go down and our investments, IES, Enerox, ATM and Lemur will finally input some value into the SP."