The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Defo a positive RNS, it’s a very good Sales pitch for a potential outright buyer of ZNWD or potential fund raising of the +$300m required to get mining.
The notes about the potential to be low or zero waste project make it an interesting prospect with all the ESG in the market place.
Also thought the comment about jobs to the region and potential to generate c €2b in state & fed level taxes across the lifetime of project adds weight.
Yes, thats the big question, and we will never know.
May have sold 5.8m shares down to 2.99% or may have sold the complete holding of 4.7% 14.5m shares approx, anyway at least we know some of the reason for the slippage in price from 16 March till 6 June, hoping they may have sold the lot if it was a legacy holding, that way seller out the way.
Happy with a take over, at what price Is the big Q, at 10p = 30M, 20p = 60m, hopefully 75M at 25pence will be the number, only takes one bidder to get the game rolling, sure others interested in owning their own Lithium mine in the middle of Europe.
Patience is a virtue,.
Worth a read of the previous RNS’s that went out on 8 Oct 2020 & 22 June 2021, they were very positive, thinking the only factor that has changed is the increase in price and demand of Lithium, hoping for a fresh RNS perhaps in Q3 about progress being made.
Though, thinking price is being held down here for a reason and perhaps we will see it being taken out by a larger miner or perhaps a corporate company wanting exposure and maybe as an insurance against future price and demand of Lithium.
Just my thoughts. Patience is a virtue…
That’s sound Paul, I see it that way,.
I thought I spotted the 12.5p was a good entry level, so I went with that.
It’s that again now, interested more to hear your ideas how it picks up now, I like your sounds about when price takes into account about de - risking
I like them words, and see an upwards path ,
Interesting article out this morning, mentions a few German companies including BMW BASF, VW are establishing a passport for EV batteries to follow the carbon footprint of batteries within the EU, so highlights of what's coming next. Onward and Upwards for ZNWD and other EU Lithium mining operations.
Thanks 20202, I will let you know about 2 months up an running , it may have been 6 weeks,.
Interesting point you make about, who will drive it forward, Tesla or EU, just thinking outside the box, you mention market cap, Tesla are a 1 trillion company ,,, so potentially will take all