"No time for them at ALL"....the article is not by a Telegraph staffer, but by Julian Treger, chief executive of London-listed Anglo Pacific. Serious investors have no time for ad hominem, specious arguments.
Had a strange brief dream this morning featuring the advfn monitor board.....VAST was lit up at +46%. You heard it hear first.
(The consequence of having a heavy dinner of kifta and rice, falling asleep on the couch from 8.30-12.30 then taking a sleeping tablet to go to bed at 2.30.)
8.8% drop on one sell of £2288??
17 million traded at 14.13 for £17.5k...
Someone's pretty confident.
Wolfiewolf
28% on top of 385 quid is nothing.....just want to be rid of the Lenigas-recommended Zulu lithium 'bonanza' tripe.
On the other hand, a 12.5% rise on a few paltry trades does show the scope for upside when (if?) the quantum leap happens.
Many shares are tightly held and relatively small free float, so the modest rise this morning could also be seen as an encouraging potential harbinger.
FWIW, the measly trade of 911 shares at 10.31 for 40.15 was mine and it was a buy, not a sell as listed.
Just clearing out the dregs of my investment in PREM.
Sickening is the right word.
Invested directly into EMH and BCN and these have tanked - but better holding them directly rather than via KDNC.
I have 5 lithium-related shares. These 3 plus PREM, TSI, plus VAST (minerals/diamonds).
TSI, a rank outlier with lithium interests in Mali) have transmogrified (positively) into Weshop,
PREM seems to be on its death bed. (Lenigas had some involvement with PREM with regard to Zulu lithium).
KDNC (as REM) was very beneficial in the heyday of 2013 and I'm interested in their Aurora holdings ---if they keep these as a bedrock and don't divest like they did with Bacanora.
I was out for some time until I got in again at 0.0016 (decimal place prob. in the wrong place).
£3.2k underwater, but I suspect that is small beer compared with some holders here.
Newboy58
We don't need to drag this board into a semi-slanging match on Brexit and the phrase "stupid Brexiteers" is the kind of broad brush destructive argument (aka lashing out) more suited to the ADVFN discussion boards, rather than here.
Brexit is peripheral - at best - to Bacanora's situation and much else besides.
Of the three approvals needed, (2) was the crucial one, followed by (1). (3) Would seem to be a bureaucratic technicality in terms of processing/transferring funds.
1) the National Development and Reform Commission (NDRC)
2) the Ministry of Commerce (MOFCOM)
3) the State Administration of Foreign Exchange (SAFE)
Says something....that I feel a little more 'relaxed' that the dip has been reversed to 6.9%.
My overview has been 3-5 years since investing directly here last year (after coming to the conclusion that investing via KDNC made little sense - especially since they've been divesting).
Following daily fluctuations and esp. intrs-day fluctuations is a mug's game and bad for the blood pressure.
The fundamentals for this lithium company are sound....to say the least.
I also didn't realize there were three stages. Might provoke an uptick today / this week, but anything more substantial and consistent may need to wait a week or two.
A few chunky buys percolating through.... £10.5, £9.9 et al.
After a couple of torrid years with BCN, EMH, TSI & VAST, the first three have come alive. Hope TSTR adds to the momentum of good news.
Over yesterday and today, has Mr. 5 million transmogrified into Mr. 2.5m?
Having decided to invest directly in both EMH and BCN, rather than hold them indirectly via KDNC (formerly REM), I'm obviously pleased that road blocks have been removed from EMH's progress. Evidently, BCN is much further down the road - off-take agreements, a pilot plant up and running for 2 years etc. and now Ganfeng boosting the whole project. Hopefully, though, with CEZ involvement, bureaucratic hurdles will be overcome.
Soz for being a little off-topic (out-of-hours) in what follows....but several of us have a spectrum of lithium holdings.
Commiserations to other lithium fans who held PREM - seems to have given up the ghost.
Fellow TSI holders - the Mali lithium seems to have been eclipsed by the Weshop venture. Unexpected, but not unwelcome. Thought TSI would also go the way of PREM.
Two large 'sells' of £46k seemingly effortlessly absorbed....
Whatever the explanation of this conundrum, the overall inching up is reassuring.
I have a hunch we're going to see a few more of these chunky buys in the coming days and weeks which should lead to
a relatively steady rise, barring a few sporadic mini-drops.
Have transferred the remainder of my EMH in here for the 6-month or so ride...
Juicy late trades reported. This rise still has legs.
Even though 105m out of 3 billion shares is still relatively small, the timing and size of the trades are noteworthy.