Member Info for Couerdelion

Leon was being prudent. New power agreement now approved and Roan restarted yesterday.

A time to be bullish

A very helpful note PP. I'm guessing you think there is a fair bit more upside here than the 100% suggested by the broker price targets.

Are you reasonably comfortable with the company claims that the cash position is sound? Presumably the risk of a cash raise is the main weight holding down the SP.

If jds and Fender are one and the same person, I'd recommend them both for psychiatric help for schizophrenia. This will be my only comment on the subject and I hope everyone appreciates my attempt at levity.

Back to the topic in hand, I'm not getting the downbeat mood here. If the price impact of tax rises is 70p per share then why has that not already been reflected in the drop from 400p to 330p and where is the upside from recent positive company updates. It seems to me that the impending tax increases has been a constant stick used to beat down retail stocks ever since the Autumn Statement but surely this is old news.

My own view is that the business will reflect a large part of the increased costs through a combination of price increases and cost efficiencies. Furthermore, the current depressed price looks as much about sentiment as commercial reality.

I'll leave the reading of charts to those more skilled in the art, though the Relative Strength Index appears to suggest MKS is oversold.

We know that the process still works at these levels because they've already produced battery-grade LiCO. I guess it might factor into the water supply equations or sustainability measures but these are parts of the work which we will see in the coming months.

Buyback program is now over 90% complete.

Do we know how much Liontrust own?

It already looks to me that this is already in bargain basement territory with the only fly in the ointment being a persistent seller - and that will pass in time. Despite sitting on a loss, I see this more of a potential opportunity but will wait first to see if it holds to the 1300 level

Thanks, Cpt. As a "buyer of dividends" the irony here is that I can't really celebrate the relative highs of share prices here because it simply inflates the price of the dividends I am looking to buy. Of course I can be happy for the rest, even those who don't appreciate it or choose to view the world through distorted optics, knowing that there is every chance that there will be other opportunities to buy the rest of what I need at sub-225 prices.

As cheery as everyone is one this Board, I don't want to dampen then mood by pointing out that the share price is higher now than it was in July.

I said the same when it last broke 250p. Fingers cross that it makes it this time.

I changed my mind. Decided we'd probably reached the limit on the latest surge so ended up selling 80% of the stock that I bought in October. Can be reasonably happy as the remaining 20% effectively cost me 107p per share.

Doesn't the Relative Strength Index suggest that GAMA may be oversold?

Is there something brewing here?

What is there in the chart that does look good?

The chemistry side of things they have fully under control which is what you want from a mining company, and they have a strong grasp of many aspects of business but the one I feel they are still to demonstrate is the corporate finance aspect. This "gap" may just be in the presentation rather than the underlying reality, but it counts when it comes to persuading the markets to invest.

The unanswered questions - for which they gave perfectly understandable explanations - were the latest cash position of the company and the latest valuation reports. Both of these, as is the position of the CEO, are contingent on the ASX listing which now looks to be late January due to summer holidays in Australia - how this wasn't apparent late last year is a question I will just leave there.

But we can expect a slew of disclosures in the coming weeks, the most notable of which will be the PFS by end January (to include the latest resource update on Laguna Verde). This is key to unlocking more serious engagement with strategic investors which will evolve over the course of the CEOL evaluation (present->Q3 25).

Thanks. Always a little bit strange when we go into the "chemistry lesson" parts of these presentations. Nice to know that they understand the operational side but it's not really feeding investors what they want to know - my chemistry training finished 40 years ago.

Where's Tony? I'm a bit surprised he's not involved in this investor meet.

Carter, that's a fair enough question and one that everyone here should be asking themselves every so often. I can't tell you how much potential demand there is for their current product range but sales since Sept 2024 demonstrates there is a niche here that can make a profitable business and the projected 10-fold increase in the AI analytics market by 2032 suggests the potential for growth. Bear in mind also that they have yet to kick off their wider promotional activities - much of the business to date has been through existing contacts and/or word of mouth.

First things first they need to get to profitability. After that they might start looking into widening their market and product range.

That's rather cynical. Sure the numbers get updated but they are at least the best we have.

But you've answered my question with the other post about the market reaction. Inflation lower, Interest rates lower -> increased expectations of rate cuts.

Pokerchips, do you know what was expected?

It feels longer but only 3 months since the price drop. It's still nice to see the continuing momentum on yesterday's update and broker upgrades pushing up the price but I'll need a little more before I rebalance back down to normal weightings.