Member Info for Coiloil

Jesus christ Ear, do you know what i value in life more than money. Being a decent human being.

It was an honest answer to an honest question. Sod these boards, my life is too short

RamonM. Take this with a pinch of salt, i am not the most knowledgeable investor and work off of gut feeling/macro outlook, and as much company fundamentals as i can decipher.

I have said previously i understand the gold and silver market more than i understand the lithium market. I sold my position on monday first thing and i have made back 9% (so far) of what i have lost here. By year end im very confident i will gain back what i have lost, my average here was just short of 22p.

According to what we know, both Elevra and Assore are out, it was Elevra being out that made my decision a certainty.

My position therefore was this, Europe is now a useless entity, so i rule out a European buyer. If any North American buyer was to bid, surely that was Elevra? So i now rule out North America. (Broad sweeps i know)

China has its foot in the door in Africa and clearly here. This brings me to this which i have heard a few times but i have no first hand knowledge of whether this is true or not, but it has always stuck in my head.

"The chinese are ruthless when it comes to business dealings, but are also incredibly helpfull, helping other companies out, sometimes even rival ones" is this true? I have no idea, but it has always stuck in my head.

If i take that comment as being true, why would another Chinese company outbid them, i all benifits the mother country in the end. I am of the assumption that a counter bid is very slim, but again, im guessing. I left this board but bobbed back in today for a nosey and saw your question. I've done now, it feels chuffing good to leave the bulls#!t behind.

All the best

No. 1 this share has done my nut in over the last few years.

No.2 the vast majority of my money has been made in the gold and silver market, and i strongly believe ill make a greater return than 17% by year end in the PM sector as i know that better than the lithium market.

Each to their own but im confident ill do better there than here.

I think im out of this on Monday( first stock i ever invested in 🤣), been too long and im glad the s#!t show is almost over. Whether or not ill make up for the loss elsewhere, who cares. Ive simply lost trust that this will play out for the best even though my gut feeling is a higher bid will come in

My simple take from this is we really are guessing what the outcomes of these pre-renenue mining companies are.

Just wanted to part with a best of luck to some longer term posters on here who i have been greatfull to hear their insights and research on this stock over the years. Teddy, Swest42, Ramon, Gaiaskidney and some more. Appreciate it 🫡

Good point regarding the logistics. Someone posted the beehive GPS coordinates the other day and my first thought was, how the chuff are they getting this stuff to Mombasa? If thats where its going?

The west coast of Africa seems more probable now due to the Hormuz issue. Thats personally what i would do if feasable.

I need to have a nosey at the railway footprint of Africa, ive never heard it mentioned in any of Mikes interviews before about the logistical requirement.

I honestly do think we are looking at this resourse from the wrong angle with respect to its desirability.

As much as the renewable energy side of this resourse is importatant, the reason ive stayed invested here for the last few years is due to the DFC interest.

The yanks dont want this to stuff into a milk float, they want it for war. Like it or not and i dont like it, i fear this spat with Iran is handbag stuff compared to what i fear is coming. I dont know whats coming, i just fear a larger conflict is on the horizon. Top teir graphite is needed for war tech. I would add space tech (NASA) is the next war frontier.

The yanks/DFC will gobble this up. All in good time folks, somethings brewing.