Member Info for CGH1984

This share usually lags Spirent a bit(not a rule, but generally). Spirent just released a trading update and seemed to be hitting their (albeit downgraded) predictions for the year. Their share price has recovered a bit and it could mean these companies have seen the bottom of the market and are starting to see green shoots as the recovery happens. That's my positive take on it anyway

Don't worry everyone - I really feel that Santa's on the way with this one. After the mining company being investigated for corruption, the biopharma company that went broke and the lithium miners who can't find lithium, this is the share that's going to turn the portfolio around. Keep believing

I'm confident... what's the feeling?

I feel a charge coming on. 5p by Christmas

Wait to see what the lines on lithium exploration are...

Sound advice. That's what I went with in the end. The thought of what another general election along with an anti-lithium manifesto pledge would do to the share price is bringing me out in hives...

I'm genuinely torn what to do. If an election is called, it is entirely possible an election plank would be the pausing of all lithium exploration until an inquiry is held. The possibility that, to appease public anger, a political pause would be put in place is very real. If this is the case, selling some or all of the stake may be sensible until the politics is ironed out.

Alternatively, it may be that the Savannah deal and approval is found to be taint free and allowed to proceed. This would be a scare, but no more than that, en route to the goal. If that's the case, a tight-fisted hold and trust in the process will see us through.

I'm not sure at all what my play will be. Very confusing times

I'd put money on there being some after hours trades added on Monday morning. Well, I would put money on it if I had any left after investing on aim in the last two years

This share does go up and down in large swings. Until their updated MRE is out, I think it's going to be subject to fluctuation. Looking forward to having the MREs out for the clay and rock so we know where we stand. The last results from the clay were extremely promising.

I think it's pretty astounding that the ecoactivists have not said a single word in favour of lithium mining in these planning and permission disputes. Or, depending on your opinion of their ethics and hypocrisy, perhaps not astounding at all.

Article from Reuters a few days ago showing demand rising for EVs even against a backdrop of a slowdown in car sales overall. https://www.reuters.com/world/uk/uks-july-new-car-sales-up-more-than-25-smmt-2023-08-04/

If they pull that off, hats off to them. There are a lot of moving parts in there. BUT heartening to see the major debt holder already on board to convert debt to equity.

Spirent have just posted an RNS with pretty positive noises about q2. Should bode well for Calnex too

I did wonder why they refused to show their faces

I've been consulting the tea leaves and I think they will raise investment needed, find a keen buyer for the odey holding and cruise through first patient treatment. Relist the shares and sell at 80p. Who am I to argue with the tea leaves?

Oooph

It's a great time to buy, so if you could just pop 10million in, we'd all appreciate it. Just let us know when you've done it

Yep, I'm definitely putting that post in my top three well-timed posts of my career as a moderately unsuccessful share speculator

It completed at a buy price. I don't think it's a swap- I think someone is hoovering up a position here. Could be why there's radio silence. I've topped up again- looking at the trades over the last week, I think something is in the offing.

I was interested to see the figures and language around future exploration targets. There is potential for resource increase of 11-19mt, which is a 30% increase(ish) at the lower end, and a 60%ish increase at the upper.

They said there were 6-8 high priority pegmatites yet to be drilled. I remember they were talking about doing further drilling H2 this year. Not sure if it's these that are being explored, or if they're firming up their inferred resources, but it sounds like this could grow over the next year or so towards a potential 50mt resource.