Member Info for Bfdinvestor

He will try to turn anything into an argument.

Disruption is all he is here for

Timmy there is no point arguing with the idiot.

He is only seeking to disrupt and even when proven totally wrong has no shame.

The RNS, as posted, makes the pricing mechanism quite clear. It is based on China pricing

Firstly chef bloggs the link you posted referred to lithium not spod.

Secondly the RNS states that the price is based on cost and freight in China price, not African

Thirdly, you then tried to tell us that you adjusted the price based on an equation you don't know and a spod grade that you don't know.

Do you realise how dumb you are.

Just give it up

No you didn't, you used the wrong price, so please stop lying.

You don't know the agreed equation, so how can you adjust anything?

You really need to give it up, bin all three of your log ins and leave this board to people who want to have have an open and honest discussion

So, as a i said southcoast, debt has actually fallen considerably, which is the exact opposite of your implication.

Still no explanation of why you post only here and 100% negatively and no apology for deliberately misleading the board again last week by claiming that Kamani was taking a salary, despite it being pointed out to you that the accounts stated he wasn't.

You are totally shameless aren't you

Must be desperate for the CFD?

No it isn't your start price is more than 10% lowered than the SMM price.

Zero honesty to go with your zero shares

Why are you and your alter egos even here lol

Here is the relevant section from the RNS chef bloggs. Zero knowledge to go with your zero shares

· Spodumene concentrate price to be referenced to the Shanghai Metals Market ("SMM") published price for 6 per cent. spodumene concentrate, which is a cost, insurance and freight ("CIF")price for delivery in China.

· The final price received by LMLB takes into consideration price adjustments based on grade and quality of material delivered and a calculated conversion of the free-on-board ("FOB") price to CIF price at the loading port in West Africa. No discount is applied to the SMM published price for the calculation reflecting the arms' length negotiation of the parties in finalising the agreement

Chef Bloggs at some point you may realise that the agreed pricing mechanism is based of Shanghai price CIF in China. Not Africa.

It's hard to imagine how you can be so continually wrong accidentally

Only southcoast could state that a reduction in debt from £325m to £175m is actually an increase lol

Lav I believe the 65% has been superseded

Nobody asked for your input, tradey. Weekend-rage at someone else, thank you!

So you make yet another statement you can't justify and all you have to offer is your usual tradey fetish bon Scott

So sad

He conveniently forgets that lenders refused tp extend their repayment date leaving the company up ahlt creak....

Incorrect again southcoast. They had more than enough cash to pay back the Italian bank.

But you still never explain why you post on only this board about a company you believe is finished

Why waste so much time incorrectly proclaimimg doom

I have every suspicion - ahem - confidence - that the company will somehow succeed in achieving both

Come on bon Scott enlighten us l, just how would they do that

And if you think it is remotely possible, why would you continue to even maintain that you hold shares

You just can't help yourself can you southcoast

No properties have been sold at fire sale valuations.

No emergency placing has been carried out.

The RCF used to be £325m it's now £175m so how has debt increased.

The CFO didn't bail out he was replaced by the man the new CEO wanted. Because, whether you like it or not Finley is now in charge and your conspiracy BS is exactly that.

There are very few complaints about refunds now, nor was the supposed supplier issue ever validated. Given it originated in the Telegraph, it's probably about as true as most of the stuff you post.

I could go on but let's just remember that you are the poster who claimed suspension was nailed on in mid August, the company wouldn't make it to the AGM and most recently that Kamani had started taking a salary again when the accounts showed the exact opposite

So it's really not worth it southcoast, especially given that your agenda is totally clear, just posting on one board where you have no investment to try to spread worry

I'll be voting against resolution 5 regardless.

Wanting authority to dilute by a third is ridiculous, especially if they keep using CMC, and at a time when there should be no further need for big placings

Bfd, how do you know this shipment will give anything to kmuk? Only 65% of any LMLB profit goes to kmuk, is there any profit?

Incorrect chef bloggs. KMUK has loaned the money to build the mine to LMLB. The loan is repayable upon demand.

So if any money is required, which it won't be, it is recoverable

Who knows southcoast, perhaps you could work it out

Interestingly enough PLT has more insta followers than Asos

Like every other industry in the world there will be competing technologies

The good thing here is that the pie is continuing to grow

As for the view that people with significant control would not act against other company stakeholders I do not see this as realistic simply because a management buy-out at the bottom of the change curve stands to dig institutional level shareholders out of the hole that they are in.

How does this work when the lender has a first fixed charge over every asset of the business, which can be exercised if any element of management control changes

Go and read the charge document on companies house and then come back and try to have an educated debate

At the current rate boohoo will run out of money - that is far more accurate than to just say it won't fail.

What is your back up for this southcoast, or is it just more of the usual lying make believe

Still no apology for deliberately misleading the board last week I see

Amazed the mods haven't acted yet