Member Info for CGH1984

AGM doesn't usually move the dial. I suspect it'll follow the lithium price...

The share price is on its knees because of price of lithium right now. The whole sector is struggling. This is about the long term investment case. If you're looking to trade, it's volatile. If you're looking to invest, the key questions are:

1. Will lithium demand pick up and the price improve in the long run?

2. Is SAV going to be in production at a higher price point than today?

3. Will SAV make it to production?

If the answer is yes to the above, then we can look past the price fluctuations right now and invest for gains in the future. If you're not sure about the answers, then think twice about putting your money in. I have taken Buffet's advice on thinking long term, and doubling down when you think you've seen something the market has missed. I've just put more into my holding because I think in the next 5 years this will return more than any of my other investments.

Brilliant - huge buys going through, share price going down. We're in that phase again...

The wording from the presentation and the meeting has changed slightly from previous guidance. The 11-18mt upgrade they're aiming for is now being referred to as a 'conservative' estimate. This bodes well...

It was a very comprehensive presentation too - Proenca is an impressive CEO. He comes across very competent, personable and reasonable. I was very reassured by his attitude towards people still protesting the mine - he was not scathing of them, but understood their position and seems to prioritise personal contacts and relationships. He spoke about living in the area and making sure he was representing the mine in the community. All in all, a very reassuring presence at the top.

Big buys still going through, and reassuring to see that they're paying above the mid point now - as someone mentioned, it does seem the freely available stock is no longer there. I'm hopeful that this buying will prop this share up through this rather turbulent moment in stocks...

I don't think anyone knows for sure, but it is strange. I'm noticing that these big delayed trades are now much closer to buy price, whereas a few weeks ago they generally came in closer to the sell price. Whether this means they are coming to the end of the freely available shares, I don't know. Hopefully, the constant buying will at some point result in a price upswing, but at the moment it does seem odd

Well, that was underwhelming lol. No rockets yet, Osaka, but i still have the faith. First, although share price has stayed the same, market cap has risen steadily over the past 12-18 months. I'm not sure it's quite right to say that the market doesn't have any faith. Second, there are a couple of outstanding legal challenges that need final clearance. Third, the increase in resource would be welcome (from memory, they were looking at an increase of up to 40%, which would be around 40-50 Mt. Lastly, the DFS is probably the important final jigsaw piece to get buy in from institutions. EMH was a bit of a different beast - smaller cap to start, share price had been drifting etc. This still makes sense to me as a 3 year investment.

I've now more than doubled my position here - if it goes wrong, my wife is going to be furious. You better launch the rockets good and high

This will be discussed today: probably no announcements, but wouldn't it be nice if....

Panel Discussion: What’s next for Europe’s battery industry as it meets a mid-decade crossroads?

How does the CRMA address supply diversification? What is the state of play of the EU Strategic Projects?​

How does the CRM compare to other supply diversification policies

Found the bottom. Rocketing to 900. Or is that just wishful thinking? Happy friday

It does look like this is a widespread scheme at the heart of 79th Group. It does also seem like our new director has just been arrested for fraud. This doesn't look good, but I'm hoping that FCM will extricate themselves from this patiently but firmly. The shares are already issued and owned by 79th Group, and the money is banked it seems, so there are no immediate concerns about financing. They'll probably be sold off when the group is liquidated. But...by that time hopefully some more results from FCM will come in, development will be further along and the case for future investment can be made. This may take some time to right, and the price may fall, but I'm holding on. I've bailed out of too many good investments due to a panic.

I don't really mind them mixing Portuguese with English on their communications. One of the problems has been with local opposition to the mine, so if this helps with that, I'm okay with it

The LCE price is about $10,000 per tonne now, and the spodumene price around $800/tonne. So hopefully a doubling of both in the next year to 18 months

Should say that the spodumene price is a lot lower - currently just under $800/tonne

Should have said $20,000/tonne. Still off the $68,100 high water mark, but very comfortable...

Just going over the presentation in depth now - really standout figure. This mine would be profitable in even very challenging market conditions. And if the lithium price recovers to $10,000 per tonne as market predictors expect... happy days.

They weren't marked UT - I think they were buys - similar to the other buys we've seen over the last few months

Even with share dilution, with these targets, in that area, with funding assured, this seems like a good prospect. Very unlikely this company will only be worth 2-3m in 2 year's time. Unless they completely strike out on their claims, but it doesn't seem like that's going to happen.

That said, some initial drilling with juicy results would be just what the doctor ordered

With the way markets are right now, this seems like a good bet for a short term small gain. I've just put some supposedly 'safe' money from other underperforming stocks in here instead to see if i can generate some value in the next few months. All the guidance seems positive, and the takeover seems to be progressing...

I seem to recall there was an upper estimate of increasing the resource by 40% in this DFS drilling round. That would be a nice Easter present. A 40mt resource inside the EU would turn a few heads