Member Info for Balanced66

Looming recession and lithium market forecast to be in surplus for several years probably not helping sentiment here.

Yeah agreed SuperRoty. This investment has been a disaster for all those invested. Some here have attempted to hush dissenting voices that didn't agree with their mistaken positive views.

Turns out the so called "derampers" called it right. The rampers still post here they seem to have no shame having been thoroughly wrong with their imaginary predictions. This is a company that has a debt mountain and it will be lucky to survive.

HUM was a pump and dump largely being pumped by BT from the what I could see. Share price back at 7p speaks volumes. Yes and lets not forget the debt in this market any slips up and debt ridden companies are being taken to the cleaners.

I don't have a view on this and I'm not a holder. It's the wrong time to be requiring more money when borrowing is tight. A share placement could take place at a premium to the current price as happens on some shares.

Unfortunately there are a lot of companies that have gone bust or the share price has been decimated when investors thought they were unlikely to. A few that I can think of are Salt Lake Potash where there were similar funding issues if I recall correctly, Bushveld Minerals, Rambler etc. There have also been share placings at massively discounted prices in some stocks recently.

On a new mine costs are rarely within budget.

The mine just gets taken over by new owners in any liquidation.

Not suggesting that's going to happen here but that's the reality.

Re the video which I have not watched in its entirety, perhaps they meant that they couldn't divulge much more financial and other info of a general nature etc as that is formally released in an RNS at year end and not just divulged to a select few attending the meeting? Doesn't necessarily mean they were hiding anything at that stage. But since then there has been a PR campaign and a fund raise and so when they became aware of the issues is a relevant question.

Buys/Sells may just be traders trying to get their 10-20%. These trades don't normally tell you what's going to happen beyond the next day or day in a distressed company situation like this. It's just a gamble really. There were a lot of buys on RMM from 11p ish as I recall and that one got suspended and likely going bust.

I have seen someone on these LSE boards, not in this stock, when faced with the constant posting by a bitter poster, he would do the same on that poster's stock boards! It seemed to work for him. This poster is particularly fond of HUM and very defensive of any negative posts there lol! Yet he is the resident troll on this board.

The pump and dump crew are back.

I have the enterprise value at around £110.32M and it seems the company will be using more of the debt facilities available as well. It is also forecast to be loss making for the short term (next 2 years forecasts that I have seen maybe longer?).

It doesn't seem so cheap then as some are making out.

The low market

Helpful press correction supporting the OBD study results.

https://fullfact.org/health/prostate-cancer-testing/

Always the same with traders looking for their 10% trade and talking down a share. Why spend all day posting on a share if they have no faith in it. So obvious what their game is.

All companies involved in mining operations/processing undergo problems. At least we can have more faith in JLP to solve these issues than some other companies in the resources space and from the RNS it was clear that many of the issues have been addressed with improvements made to allow future operations to expand which is a positive from these issues they have experienced.

It's also about what the company might look like in 2-5 years time and these prices are unlikely to be available in future.

Have you lowered your expectations now?

In your 28 December 2022 post you were busy ramping this one to the hilt and not holding back. A £1 billion valuation by the end of 2023 which would be around a 1300 % increase from today's price. Perhaps you should look up the definition of an idiot, a term you like to freely throw at others.

Wish genuine lth all the best.

Shpunken

Posted in: POLX

Posts: 3,792

Price: 61.50

No Opinion

Amazing SP28 Dec 2022 11:14
Perfect for ppl to jump in at these lvls, placing won’t take place below this sp.. happy with the progress so far, hopefully from here on we will see us moving forward quicker.. orders rns will blow the roof off.. potential is crazy at this point and won’t surprise me to see an mc of £1b by the end of 2023

Also this one today.

https://pulsiv.co.uk/news/pulsivs-distribution-network-expands-in-to-south-korea/

Agree with most of what have said PYUECK.

Although there is a lot of promise, sales are not proven yet and similar companies have struggled to make any real breakthrough despite very promising, groundbreaking or innovative and novel technology.

Lots of examples recently including AGL, BELL, STX, DNL etc.

It's not to say that a particular company will not succeed. It may well do but it is not the quick process that most investors expect; it's a hard slog and there are no guarantees. More finance will often be needed by these types of very early stage companies.

Difficult to know which companies will be successful and which will fail. Takeovers are uncertain and with depressed share prices not as high as investors once expected.

Thanks for the link Safaniy.

Great to see the tin production costs come down so much. I think these costs compare very favourably or are similar to Alphamin's costs.

Shaping up to become a great mining company with enough mining of resources left to carry on beyond most of our lifetimes!

Nice to see you here Rivaldo and I can see from the stocks you invest in that you only select the best high quality companies out there so good to see you here also.

https://pulsiv.co.uk/news/pulsiv-wins-2022-power-conversion-regulation-award/

Good to see Exscientia having a good recovery on Nasdaq.

https://www.mining.com/web/are-metals-headed-for-a-golden-age/

https://www.bbc.com/news/uk-scotland-scotland-business-64304254

Yes moniman it does sound like he bears a grudge.