focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
I could write a book about my experiences in AIN stock - most stock CEOs fail to realise the full potential in their start-ups. I invest in the fundamentals - though not always successfully - SXX for example (88E & REM are others !!) - fundamentals are still good but the at the last AGM the BoD seemed very tired even a bit lethargic - investors there put it down to the hard work they were putting in to get to significant milestone - turns out that they are likely to have known that an offer for takeover at ever lessening sp was to take place at the detriment of the retail shareholder. People are CEOs - egoists with an hidden agenda are the problem. We could have the same problem here - but - I don't think that however frustrating it is at this stage I can only rely on the fundamentals of the project. I am not interested in the CEO except concerning what he is obliged to do ref: Corporate Governance - if he fails that then we ensure that there is hugely important evidence to hold the BoD to account. Lon:AIM needs to be cleaned up because they cannot create for themselves a bad reputation amongst the retail investors - if they I shall make it public. That may happen here but hanging on to my shares is my decision - based on the fundamentals. Personally though - I have never liked to see KM remain as a board member - would feel easier if gone - don't think that MnMs/The City respect him that much - he has a long way to prove himself to be a decent/successful CEO.
Skelly: Doesn't your take on the CEO apply to all AIM CEO's ?!!.
Does for me - AIM and she nani gans go together for most of the time - trick is to do an awful lot of research before you commit to hard earned money and even then don't put all you eggs in one basket - certainly not in AIM stocks.
To all the infantile chatter in the last few days since my last post - FGS those concerned (you know who you are), GROW UP !! Life is hard enough without it !!
Skelly getting irrational - filtered.
Company (Geomet) expects to make further announcement before end of April detailing some of the more significant issues, then.
Hopefully - not to the detriment of us incredibly patient long-termers' !!
let's just see what the sp does tomorrow - top-up opportunity ?? If you believe that good news is to follow - [soon ?] !!
Don't fuel it Skelly - ignore it.
That goes for anyone wanting to create abusive / argumentative chat here cos morale is low enough about progress without having to endure this kind of tit-for-tat chat. This is a pivotal week and some are very anxious about lack of indicative comms from KC+.
Please consider that it's the last thing we want to see here - surely we this forum is not like all the others ??
In advance - thank you.
Can't establish whether its a buy or sell - suspect if sell then massive drop in sp but cannot identify when actioned - suspect if buy then someone taking a great risk / nod & wink / but not a Director purchase I suspect.
We all hope that it was a buy after a nod& a wink - our risk to interpret !!
The inaccurate use of words e.g. "soars" in the media is verging on criminal. SP has risen from a great fall e.g. "collapsed"
"The Company is in the process of finalising its DFS which anticipated to be completed in the near term,"
Generalisation - non-committal - so yes it may not be issued until sometime in H1.
I don't mind at all so long as the outcome is one where an sp =>the last high (so long ago !!). But will the retailer, who have got this project to where it is now, get shafted is my constant concern !!
Hearing of another Li battery fire.
New Li-ion battery technologies are being tested to resolve this occasional issue - one of which is :-
https://www.thegraphenecouncil.org/blogpost/1501180/498704/Why-these-transportation-fires-caused-by-lithium-batteries-could-soon-be-a-thing-of-the-past
$2100
Is happening
Please note that I could not verify when the article was published. Date was not found !! - so could be an earlier article - tbc.
Extract from link (https://zpravy.aktualne.cz/domaci/reportaz-lithium-cinovec-tezba/r~443d7084ca6011ee9d3d0cc47ab5f122/ some parts translated) - new name for the mica.
"This is what we're interested in, the shiny parts," the geologist points to a piece of cinvaldite, a mica with a high lithium content. It got its name from Cínovec, formerly called Cinvald. A gray stone with silver and bronze reflections does not sparkle as strongly as gold, nor does it need to be handled with gloves like radioactive uranium. Nevertheless, lithium should be a key element in the coming decades.
other notable comments made by CEZ:
Even Geomet doesn't have the answers yet. It is currently awaiting the results of a feasibility study, which should show whether it is even possible to start mining at Cínovec. At the end of last year, the initial version was ready, now its results are being specified in greater detail.
"Only then will an EIA study (environmental impact assessment - editor's note) take place, which will include all studies that will determine the measures that must be taken to have as little impact on the environment as possible," says ČEZ spokesperson Gazdík.
and lastly:
Further negotiations between the municipalities, the region and the miners are planned for the beginning of March.
Quote from their RNS today:
"This establishes the Project as the second largest hard rock lithium project by both resource size and contained lithium in the EU and clearly highlights its scale and strategic importance. "
We here know which is the LARGEST hard rock UNDERGROUND lithium mine in EU and its right next door. Maybe EU has been waiting for this to establish a strategy to include ZNWD as a whole 'strategic plan' for extraction.
Could the ZNWD news be a trigger for more news from EMH/CEZ (Geomat) or the EU - I wonder ??
I too want the news that we expect but this is mining and EU/AIM combined to frustrate us - good time to add imo.
Me too - so long as the retailers have not been ousted II's/MnMs before then !!
My 6200 was a buy for an in between sum at this level - hoping that will not get crewed by market shens.
GLA
Being recorded for later.
Doing his presentation with the Graphene Council on the subject of Polygrene - Graphene Enhanced Polymers. May get an idea of progress through this.
Yet another d****head spouting utter garbage and soiling this forum - filtered !!
But will it Blue ??
AIM days/years are numbered as retailers realise that the market works against them in the short-long term.
I for one will demote it as much as I can one day and that will be the start of it's demise - 'The City' will, eventually, fail.