Member Info for contrarian123

If I was a big player with lots of pull and good at underhand tactics, I would go to a key Brazilian official and explain.

Hey chap we will take care of you and anyone you think deserves it. Just don't let the licenses expire and any other admin tosh. I don't care how you do it but when the time comes we will call upon you. We will take this baby to admin in the meantime go and have some fun enjoy it and remember we know of your other dirty deeds.

Company goes to admin then someone picks it up for nothing.

Few months later a story appears in the press that jobs need to be saved. Mine is back on track.

I should be in the mafia movies

Simon Retter by the way is a non exec director for Elixirr. ELIX on the LSE board.

Rewarding failure

Found him lol

70p I hear from deluded people here? there's at least one person here that has averaged down to 22.5 they'll be out at 20.

Many more are on the same boat. They will all be rushing for the exit at the slightest hint of a bounce

Jeremy Martin Cleverthoughts works as a non exec Chairman, alongside another couple of well known failures on the BoD for Zinnwald Lithium. They are listed, have a twitter account and an LSE board. Feel free to engage

Still struggling with how you get 70% throigh a mine build with $400m spent and $200m remaining to be spent, then realise you need $600m more. Even allowing for shutdown and restart costs that's an epic miscalculation. Maybe they just hadn't tackled the hard 30% yet or something.

I can tell you how - It's called G R E E D. It trumps all the usual amateur investor logic and calculation about fundamentals. Fundamentals and logic apply better to companies that are within a more "strict" regulatory framework. You think Jeremy Martin would be free to waltz in another cushy job if he was CEO of a FTSE250 or 100 company? No. AIM is 99% filled with cowboys. You all chose to put faith in it.

Oh and 750K afford to lose? Hate to say it but anyone on these forums that says they have 750K they can afford to lose is lying. Especially after the previous years of incessant ramping

My only regret is not investing in Glencore when it was at 380p and Anglo American when it was around 1700p, I do have exposure though my BRWM fund but I am looking at those 2 as the ones that win out of the miners malaise

Meanwhile Jeremy Martin has got a cushy job at ZinnWald lithium another AIM listed trash and he partners with at least another couple of failures on the board. Go that board and warn others about the con here.

My money is where the big money is. Glen take it out of the hands of everyone. PIs get nothing or a very temporary reprieve

Posters waking up to the fact that the deal is more than likely to be struck over the long bank holiday weekend. Said it here first.

A few are asking what caused the expense overrun. No one knows and you will never find out. Because if you they do tell you then the questions will start come flooding in and they may open themselves up to litigation....

How could Glencore not foreseen this?

You assume that their staff are all some mythical brainiacs with vast experience. What differentiates Glen from other smaller outfits is leverage (money), they have lots of it so can demand things. Their staff are no more clever or wise than say HZM's. In fact I would argue the opposite. Think of analyst / broker recommendations which are typically useless. They are only worth the day they are issued as they create volatility.

ZNWD is the ticker for LSE - You know what not to buy now

One of the people laughing most likely is Jeremy Martin who got out relatively unscathed.

Head over to the https://zinnwaldlithium.com/about/people/ page to see his face laughing at you. Then you can always go the Zinnwald lithium board on LSE here and express your opinion. I just did.

See what I said about JM has already happened. He works for what seems a German mining co listed in LSE. The cheek of the man

I see you have JM as a chairman. Please go over to the board of Horizonte Minerals and read through about HZM's failure.

JM (CEO) up until August or thereabouts was reporting all well and approx. 65% mine completion. Fast forward a few months and a from a price of 160p HZM is now 2p and below and about 600M USD shortfall. I leave it to you to decide whether it was serious mismanagement or complete and utter incompetency. You have unfortunately gained a dud at best... Be careful

But believe me it will not be for your benefit. It will be for theirs. As I have always maintained there are no good souls looking after your interests in AIM.

BoD's and big investors are governed by greed as you would be if you were in their shoes.

So many here kept saying oh he's got a good track record this oh he's got a team with lots of experience. All absolute garbage. Think of AIM governance as your governments. Corrupt and ready to sacrifice the little guy for their benefit.

Sone here I see kept averaging down. Treat this as you education. Despite what I and Publican have been saying a lot have chosen to ignore thinking they know better.

Well let's see if you can keep buying to average down to 1p-2p. You could but honestly how many grey hairs have you got in the process?

And also think about - Is it worth ploughing my money in a company where the directors never bought in any serious manner? If you are going to take a lesson take that at least. My number one saying for years here. Why are the directors not buying. Because chaps, they knew. They knew they would stay and cream this for as long as they could and then retire. In a few months you may see them as consultants in some 3rd world country mining operation. They are thick skinned conmen that will do whatever it takes.

Final say on the matter. There may be a deal over the weekend. My gut says they will all be locked in a room and whoever blinks first looses. What happens to your holding may be of little consequence. Price may rise for a little while.

What do you think all these people that have been averaging down will be doing. Trying to find a price to exit.

Study hard the volume profile over the last few weeks. See if you can spot logical price points to exit as I suspect most of you will want that. Not what price you break even but what price you think is most likely to be resistance.

If you are looking to buy oh well you are beyond any help...

I once asked a friend of mine to teach me poker. He said you have to pay. I said you are my friend. He said no you got me wrong. You play you loose you learn.

Your education...

Chumba

I wouldn't take anything that they say at face value. There is a very remote possibility that they are trying to scare everyone off and hover up shares on the cheap. Very unlikely scenario but these people are conmen mostly despite people here singing their praises prior.

Or they could be very honest and say that yes we think we are heading into admin. If at some point I am offered 1 penny I will chuck a hundred quid in just for a laugh.

This now for me is nothing more than an ALT coin

The future is here. Laurence of Hazardous investments

Little Billy how is the Jenga tower game going on with clutching at Strows

Fingal are you Matthew on the other board or have just copied what he said?

Winstanley honestly man tell me something good the lame dame has done. Since 2018. ITV needs a breath of fresh air.

Imagine if a buyback will do this to the SP what a change in leadership will do

On the Man U coverage - It was great to see my team win a big game for once.

First time I saw players being hungry for a win.

Long it may continue but I fear most of them need constant injections of motivation. Long way to go yet

I worked out the other day that at the rate they are doing buybacks it would take them over 100 trading days to complete. Of course if the price falls they may increase the pace but I suspect they have to adhere to certain percentages of volume traded during the day so as not to distort market pricing.

In any case the buybacks are supportive and they provide the necessary euphoria here.

I am pleasantly surprised by them but still think the lame dame was backed into a corner by City instis who told her in no uncertain terms that they need something to support the price else they will head for the exit, with the disastrous consequences this would have.

I still think she has to go as Tom says, I know he is marmite to many of you but on the lame dame he makes sense - She is as useless as a bunch of left handed glass hammers

Yes exactly as Rover said below - But dont let that get in the way of a desperate interpretation lol

Priopnace - check my history of posts prior to HZM's price being 130p go back months. You will struggle to find a single positive post. I have analysed many times why I thought there was going to be a failure. I also had more "scientific" for lack of a better word from a guy called master investor (he has a public blog). Jealousy will not get you far...

People lose their shirt because of many reasons one of which at least I listed here whenever wasa was claiming to have put his house money on this.

I kept saying never put all your eggs in one basket. It is not something I invented it is a rule of investing the most basic one. You have to spread your risk.

The correlation you mention about being a shorter a vulture as you say, and an empty house is baffling. I have a full house.

Final reminder a market is made by sellers and buyers. You have the mentality of a retail mug I am afraid which is why you will stay in mediocrity