RE: RNS14 Dec 2018 10:52
Hi Subito - for me, and I'm sure this is representative of many other investors in the market, the only thing that would get this moving is if any of the investee companies actually sells some stuff that they have dug out of the ground. Maybe I'm old fashioned but I have grown increasingly weary of these piddly little mining companies saying how fantastic their resource is..there's the never-ending rounds of feasibility studies and NPVs and 'world class asset' declarations and to be honest, it's just meaningless. Thankfully I have never owned shares in PREM, but I feel sorry for the poor saps that are - that is clearly never going to produce anything and will just keep swallowing investors money. This is why I said I would sell my shares here if KDNC were selling their stake in BCN. This is really the only company out of the lot that has a realistic near-term chance of actually selling some lithium. Even if KDNC get diluted to 2 or 3%, it will still be a stake in a mining company that actually mines something. Anyway, just my (mildly hungover) Friday morning opinion..