Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I just hope Steve is on top of all this, and takes over the CEO role. Who was dealing with the Govt? A Spanish speaker I presume. My shares go back in the drawer for a year or two.... I have been here before with other AIM shares. . It gets uglier..... and uglier....
donuts... I sympathise....
EVs ?
The thing that concerns me is that there is no real shortage of Lithium in the world. So, why should the price necessarily go back up?
As for EVs I'm not convinced they are the answer. I have just got back from the USA ,and there, EVs are posy, 'I'm planet concerned' cars, like the Prius was. Generally, he Americans hate them - because of the lack charging facilities and low mileage. They drive hundreds of miles without a thought. I don't even know anybody who really likes them here. A 2nd car for 'emissionst concerned' wifey perhaps...
Do you have one ? Have you tried to sell it ? People don't like the idea of 2nd hand old batteries. The car industry is in a quandary, because they have built cars too reliably well, and the public are holding on to them . Especially the Asian built (every extra included) ones.
Mr. Rose Tinted glasses. The most vocal person on this open forum. Empty vessels etc. etc. ... ``You keep up the ramping, 'copying and pasting', ......one day you come up with a thought of your own.
Just can't stand a differing option, can you? FFS ...
You get real. Take a good long hard look at Chile's copper......as a commodities broker in Plantation House, with Merrill Lynch (then MLPFS), I was trading Copper on the LME in the '70's....
You please explain why there appears to be no retail or institutional interest.? Also, why the SP has fallen to a penny share status.? Get real indeed !
I listened to the webinar. Enough, enough. Apart from Steve's droning monotone, it seems to me nothing has really happened. The Govt is getting its 'commissions'(call it what you like) in place, and the wildcat miners will have to fall in line. Also, if all was hugely successful, I wouldn't be surprised if those in power want the whole cake and will nationalise in some form. Greed is a huge factor in S. America, and Chile is no different. I don't know what CTL is doing on AIM either. That's a bent wild west in itself !
Hope this cheers you all up !
Rampers, and excitable optimists abound in AIM 'Oil, Gas, and Mining' shares....
Some brown envelopes will have to pass under the table to those with the power before CEOL s are granted. This is South America and the third world , after all.....Cualquiera que piense lo contrario es ingenuo......
INVWELL.....In Chile, the State has absolute, exclusive, inalienable and imprescriptible dominion over all mines located within the national territory.
The Ministry of Mining is responsible for issuing these “Contratos Especiales de Operación de Litio (CEOL)” based on a presidential decree.
Hope this helps... ..
Ayecuramba - Yes. I just kick myself for my bad timing getting in at 60p. However, CTL is now the smallest holding in my portfolio, so no real harm done. I'm happy to leave them in the bottom drawer. Nasdaq's Nvidia is my winner this year. Sold half when it doubled, so am sitting on 'free' shares...unimaginable upside.... CTL are in as good a position as any in the Lithium Casino.
There is always the Taiwan scenario....which will happen... partly because The Nationalists took China's finest art in 1949 and China wants it back. All about face, to the PRC...
What’s it to you? . You were knowing all as the SP dropped all the way from 60+ to 15……so, to me, you don’t really inspire confidence. Very few read this chat stuff. It matters not. And, you should take what I say with a pinch if salt, as I do your flannel. Or, perhaps you are a little over exposed? I am enjoying a months golf here in Spain and don’t really care if this share goes bust or not. Mere bagatelle….
YAWN….Reads to me like nothing is going to happen for yet another year. I don’t expect the SP to move from these doldrums…..meanwhile they’ll be asking for yet more money ! Also, they are not yet certain of control of the basin…
Not the most cheerful of reports. AMHO…..
Denby. Good call there. Hope you didn’t dump too much. AIM stocks are the bane of my life. Or is it just that I am a bad gambler ? FOMO ..!
The world is changing at an ever increasing rate, and not necessarily for the better... Thank God I’m 80……