Member Info for CarpeDiem1

Fine words in the RNS but scant information.

More detail needed.

Deferral of the DFS again, according to KC is positive.

Maybe Q4 2024 or 2025?

You wont get the shares, just the money, issued as a dividend.

Clig has been a rock solid dividend payer for me for over 10 years. Unfortunately capital decline has offset the dividends, so we wait for lower interest rates to boost high yielding shares.

As an asset manager, this is by no means the worst in my portfolio. All asset managers have taken fairly substantial hits over the last few years, as money left equities and moved into bonds and gilts. The hope of course is that trade might unwind somewhat as rates fall but that may be a fairly slow process. Still, the div is nice while we wait.

This board has degenerated into meaningless conflict between investors, traders or non-investors. The delays have been well known for many months. The share price will not do much until some positive/negative company news. I am therefore leaving you all to it. Back in 6 months to see what's happening. I am still invested here.

Share price slide continues despite £10m buyback announced.

Is this a good top up opportunity? There have been continual Director buys over the last three years which is positive, but is concern over impairments outweighing here?

Some details of the Capital return today via issuing of B shares.

Should have a clearer idea about the projected value at The general meeting in early april. I am looking for 80p to 85p.

Spring 2024 : 20th March to 20th June.

Timelines shifting again.

Long term should be around 100p. Interest rate cut when it comes will fuel the share price. Interest rates of 4% by 2026 gives me time to add here.

150p

Big write down of assets.

The company still has a high level of debt, which they are trying to address, but the dividend cut and interest rates 'higher for longer' means resi sp is under pressure despite rising rents.

This will turn around once they can pay off the floating rate debt and stabilise the dividend. Sub 50p is probably a good entry point and I will be reinvesting the dividend to average down.

KC has no control over the Lithium price. He has very little control over what the majority stakeholder CEZ wants to do. Unfortunately the DFS is at least a year too late and should have been out 12 months ago, along with a nice little offtake agreement with a large player. It didn't turn out that way of course. Lithium price has crashed 80% since end of 2022 and no prospect of recovery in the price is forecast this year in fact further decline is expected.

I have doubts as to the future profitability of the entire project. Cinovec may contain a valuable and important strategic resource but when the DFS does come out, it probably will not be the numbers people are hoping for and revisions will have to be made for ongoing declining lithium prices. Accordingly I have reduced my exposure and have a small stake here now.

With 9 trades today, things are really hotting up...

The whole DFS situation stinks. We, the shareholders, are being ill informed. Im not sure its worth running for the exits now, but can the current board turn this around. I have strong doubts. Most likely sold at a knockdown price. Ffookin AIM.

On a positive note it is only 10 days until Q1 24 haha

This is going to make future cash raise very difficult without heavy dilution. The EBRD are hardly jumping for joy having lost 50% capital on their investment in a few months.

Could someone report back from the AGM with their reading of the situation please?

A 20% drop in sp on AGM day is definitely not a good look. Just sell up to CEZ for a pound and get me outta here.

Congrats to those who sold and can get back in sub 20p in the next few weeks, a 10% fall on ASX indicates direction of travel for the share price.

Changing the subject slightly, is anyone here planning on attending the meeting and will you be able to ask some pertinant questions?