So, just paid the recent high at 2.80 for another top up. Gets me to 1m shares, which was my goal from the start a few months back. i feel like I am not alone in buying more. It seems not only the right sector to be investing in , but the right company...So many cant see it yet mainly due to the past history of the company, but i sincerely hope that they will give it support.
Glad to hear this news, as it keeps them focused on the job at hand, which will reap rewards in time... if there is a knee jerk reaction downward... I dont know the history of what the anticipations were, I think I will add a few more for the big play
Good morning all. About a month ago i had a dream about SOU and it prompted me to have a look and see what was going on. I was one of the many who lost a fortune on this stock years ago, sold out most to lock in an £80k or so loss, and kept 100,000 shares for the memory... After some thought, and seeing what is going on in the world in regards to energy needs , it stuck me that our old friend SOU might have a second life and perhaps my dream was to be prophetic. I wrote to GL and have received 2 replies that don't say anything which isn't already in the public domain, but which gave me some confidence to invest more. He has said they are making tangible progress but still have issues to resolve. but his wording was confident and assured. I have bought another 300,000 shares over the last few weeks, and today decided to have a look at the LSE site to see if anyone was of the same option.
Reading back a few hundred posts it was a bit like the scene at the railway station after the great escape where fellow escapees gave each other a nod of respect for surviving... Its great to see so many old names still here. Good luck to us all.
Was quite surprised to read about GH leaving, but not really. He has never been really that focused on taking us into mining and so this is the next logical step . SD has the pedigree and experience to take us to the next level, and what an exciting ride it will be. I would like to thank GH for 4 wonderful years. he has many people, including himself, and me, a lot of money. Now he passes the reigns to someone far more suitable for the next steps. The man is a genius. Thank you.
Thank you RH. All very helpful. As a rule , i avoid companies with dodgy histories regardless of the opportunities some of them provide. This comes from years of being burnt by greedy CEOs. This then is the reason for avoiding Nikola though, want they are trying to achieve is exactly the sort of tech I want to invest in. Hence the quandary. I found out about NEL on another board by pure chance , and my research leads me to want to invest, but only worried about the hole in the financials due to their dealings with Nikola. i will get involved this week , as I like what I see, apart from that, and see how things progress. Thanks for your time. A few years back I was all about Lithium investing as the future was EV. More recently I am of the opinion that fuel cells are much more likely to be the Betamaxx/VHS winner in this race to succeed despite Tesla et al.
RH. I am new to this board as NEL has popped up as a name in my search for Hydrogen plays. I currently hold Hazer and am looking for more. Ive read a fair amount of what you have posted, and congratulations and kudos to you for your one man band efforts. It would appear that the biggest impairment to the Co to date is not Covid but its exposure to Nikola and appears to hold a sizeable position in them. I am not invested in Nikola but have wanted to do so on many occasions but with the fraud and then the decent competition in EV's from China, I have held fire. I am sure i can find the answers if I keep on looking but I wonder if I could trouble you for your assessment on Nikola and the NEL's holding of their shares. Is it going to continue to drag down the fortunes of this company ?
https://www.londonstockexchange.com/news-article/FAR/production-and-progress-update/14711560
Good to see some buyers appear on the opening.. Its been a while since that occurred.
paid 5.72 with no difficulty at all
A couple of nice technical chart point make this a buy . Firstly, the sell off held the 23.6% fib at 200, and secondly , todays gap up opening creates an island reversal... Usually a pretty powerful buy signal. 222, the 38.2 % fib the next hurdle, and a close above it signals 256.