The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
WE all know that the 30th o f June is the last day they can announce there results . David Horgan has repeatedly stated that all is good and whilst there are plenty of doubters as to his ability none of them have run an AIM company . Personally I have no reason to doubt him He has gotten the Company into the right space at the right time and furthermore with excellent technology. Let the short sellers and traders sell It matters not Just hold your shares and wait The world needs Lithium, all of the competitor companies that are in the same space are seeking approval of their respective technologies but are not as advanced as they would have you believe .CTL have only produced 2 KG's from their in licenced tech and are valued at £45 million plus. Resins, power and water are the disadvantages of nearly all of the competitors Hold and wait this will come good!
If anyone has any doubt as to potential values have a look at CTL which has a MCAP of circa £49 million and at a similar stage looking to build Pilot Plants . When the Pilot Plant reports are to hand Shortly is suggested this could really fly! A good recovery day today and as expected has been upgraded to a BUY on BritishBulls.
I did think having repeatedly added up all these 10m and 5m trades that we had seen the last of these but it must now be getting extremely close. I still believe the selling emanates from the shares issued to CHEMX though I have been told why would they. Response why did they not take a lock in of all their shares Probably because they needed cash to advance the project alongside CLON's investment and it fell outside their projected trading cashflow. This is speculative but would also explain why no holdings announcements have been made . I am sure Clon must have factored this in or at least their Brokers will have. Whatever the outcome this will move up very quickly the moment the seller is cleared. If I am confused as to the seller I apologise but it would seem to be the only logical explanation to me.
Bline 59 I wont wish you good luck you dont need it ! Clon is in the right space at the right time If it were being introduced as a new entrant to AIM now it would have been oversubscribed on admission with a MACP of circa £50 million on enterprise value and opportunity alone . This opportunity is genuinely very good!
All you need now is a steady nerve. Do not get sucked in to selling your shares when news flow will undoubtedly lead you to regret it. This is AIM and there are a lot of agendas being played by traders which you and I are not a party too and never likely to be. The large seller is out Just watch for trades to move from sells to buys Pick up some more if you can because others most certainly will. We have all seen these patterns repeated on numerous stocks over the years. The science is good and delivers an environmentally friendly solution ,The management are confident ,The demand is clearly established and growing exponentially , The company is better positioned to deal with The Authorities in Bolivia after years of discussions, more so than any of their competitors. Others are seeking to contract with CHEMX as an additional reinforcement of the technology being applied giving clear signs that they too have faith in the process being applied. I hope in a very short while that you will all see the wisdom of this post We do not need luck here all the signs are extremely positive.
Posted previously 2 days ago Dave Horgan in response to an enquiry as to progress " All Good" was his response...few words but very meaningful! Seller now out IMHO but count the major sells for yourselves if you need to check. Have a good w/e all LTH's next week and certainly thereafter should be good for us all!!
LS88 How do you read this now? To my way of thinking we are just about at the bottom of the sell down might be 10 or 20 million to go depending on some low million trades that might have been traders. If I am right we should start to climb from here irrespective of news which will hasten the rise of course.