Such pullbacks aren't unusual with small stocks? It has had a good run up from low levels so at some point there was going to be some consolidation.
Checking the 2 websites I look at - Marketscreener and Barchart the charts are still bullish:
https://www.barchart.com/stocks/quotes/STCM.LN/overview
Agree it is a quality business. It is is classed as a superstock by Stockopedia and Investors Chronicle recently did a feature on the "dream company" setting out a number of screening tests that needed to be passed from 9 such as high operating margin, high return on equity, positive free cash flow etc. A few companies passed all 9, STCM came in the top 10 at a price of 53 of all the small company stocks on LSE.
Forecast p/e is around 3 though so fundamentals are strong regardless of Jamaica coming through or not and this is the message from BL and his team that there is so much more to come from the Egyptian assets.
Batch27
I come on the board to get views and insights - whether they are differing or not doesn't matter. I don't expect one individual to turn the board into his personal Twitter account or to dictate the discussion for his/her own purposes on the same issue every day. What's the point of the board if that's all it is used for?
It's only a minor issue though and directors are always selling to reduce their stake and here the small sell was to increase their stake and to keep banging on about it every day that is deliberate deramping or at least attempting to do so and it is disruptive of the board and against LSE rules for posting.
Not directing that to you Ghrtrader.
It's getting tedious reading the same drivel everyday from certain posters and one in particular who is on the 2 BB and Twitter.
Some desperate derampers on this and the other BB and even resorting to Twitter and then claiming to be shareholders. Do you not have a real job to go to? I'm sure people can tell who the real shareholders are and the pretend ones with multiple id's. You're fooling no one.
Hi
I'm looking into this share. Are there any profit forecasts for this year?
https://www.ft.com/content/929828cd-51d2-4ae0-b838-47647736c13c
Crypto money may move into gold?
There was an article about a week ago that suggested crypto losses were leading to falls on stockmarkets. However, it has been suggested there should be no link between crypto and stockmarkets.
Just found this from another posting and it shows that their salaries are in line with Aim averages:
https://www.bdo.co.uk/en-gb/insights/industries/aim/aim-directors-remuneration-report
All a bit overdramatic from some posters here imv. Fundamentals haven't changed and it is something all other directors do - warrants and options.
Check Diamondhands history - he is not new.
Are we not waiting for full year results any day now before dividend is announced?
Sorry didn't realise already posted.
Another JW update
https://youtu.be/9sWJKwMHTkI
It's already being talked about:
https://www.google.com/amp/s/www.energyvoice.com/renewables-energy-transition/320536/iea-says-governments-should-consider-stockpiling-battery-metals/amp/
Hi Hunsen
The passage you have highlighted mentions getting the $2.5m on notification that Orphan Drug Status has been granted by FDA so it won't be on first sales unless ODS has been granted as well.
The last earnings call from Eton mentioned they are selling.
Thanks ihowells. I don't post as often now so hence the delay in responding. With SAV it is focusing on Spodumene rather than lithium carbonate. Spodumene prices are low less than $1000 at the moment but picking up whereas LC is near $10000 per tonne.
I'm after a LC type company.
BCN looks good but some way away to first production. Suppose I'm quite fussy! There is also some disquiet about the pollution in mining hard rock lithium and going forward more greener alternatives may be favoured except those existing projects so BCN should be ok. Thanks for the ideas.
Bojo is right there are new minerals and chemicals being mentioned all the time as future alternatives for EVs but those may be a few years away from development of they pass the testing and trials.
https://www.londonstockexchange.com/news-article/market-news/directors-dealings/14941865