Member Info for Almostdone

A bit off Eqtec, but very interesting.
NEWSLETTER (£)The weird energy market means we’re paying ludicrous gas prices for cheap renewable electricity

Lithium has been moving up in price this week.

From about the 5 Aug. the share price has traded in the 44/46 range, the occasional spike to 49.
I can only assume for some reason that this is being managed.
Shares are changing ownership.
I would also assume at this price it’s not investors who have bought in the last year, except distressed sellers.
Any thoughts?

Just noticed that as well! Most are auto trades.

I can’t understand why a lot of investors have money in AIM companies if they are not willing to take the risks that come with their investments.

America votes to go green, this should increase the demand for copper and lithium.
Copper prices must surely rocket now.

I’ve not done any research on this but, as for a complete buyout by any major for solg. seems very unlikely. Just on my limited memory, I have read a few RNS’s in the past from some majors that have just a majority stake in some mines. Usually after a few years of j/v they then put in offers to buy out the remaining shares. This obviously reduces their capital investment at the initial stage until the mine is running, which if is as good as expected then their offer for the remaining shareholders is considerable.
If this is a possible scenario, who sells them the shares to achieve their minimum 51%?

RNS was posted at 7:47, I would have thought this should and could have been posted at 7:00. !

Red I assume you have sold out at a loss, as in a previous post you purchased at about 29p and the price has continued to fall from your purchase price.
Do you think there will be a further fall eminently?

In my opinion, hydrogen will be the future of fuel in the near to mid term. It will be down to how it must be produced. Green electricity, waste to electricity, syngas or any other form of power production that will be net zero carbon emissions.
The reduction of oil, coal etc. would be huge. Oil is still required for all applications in the construction of most items, but these should not enter the atmosphere at the end of their use.
Given the capital expenditure, most countries in the world could adopt a combination of hydrogen production plants and become virtually self sufficient in energy. Saving millions of their currencies on imports of oil.
The initial start up would be high but the kick back on employment etc over a short period of time would balance this cost.

Eqtec and other companies who can produce the means to make hydrogen are imo very much the future.

DP might be using the placing to get Amati to off load quicker as c909 suggested and also gives lth the chance to buy at a low price to average down.
Don’t forget, for every share sold there is a buyer.
Could be a buying opportunity.

Just added.

Hospitality associations are saying only 37% of pubs are returning a profit.
With spoons very low profit margins, spoons would need to be selling very high volumes of food and drink. Spoons are, I think treading a very fine line.

I think swazers and co are small time dealers,
they will always deramp and time their buying at the bottom. When the price goes up they are laughing at all the panic sellers who are now buying and they are selling into that rise.
Remember for all shares sold there are buyers.

The Board of Directors of SolGold (LSE & TSX: SOLG) will hold a General Meeting at the offices of HopgoodGanim, Level 8, Waterfront Place, 1 Eagle Street, Brisbane, Queensland 4000 Australia, on 30 June 2022 at 9:00 pm (Brisbane, Australia time), 12:00 pm (London time), 7:00 am (Toronto time).

Rio have made a partnership and $10m investment.
Not a large investment, but Rio seem to be moving more into battery metals.

Quady and rednight have agreed to buy out solg.
Quady goes to production with his share, red maintains the status quo with his and wheels and deals the share price.
Simples
As always DYOR

https://www.mining.com/web/commodities-in-perfect-storm-says-erg-as-crisis-starts-super-cycle/

Posted on the glencore bb

Black rock on shorttracker seems to have increased its % last week. But the sp is rising? Any thoughts on this?

Still going to need more copper, lithium for ev’s and battery storage for homes.