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I don’t really get that statement “mediocre” rns why?
It’s approvals that have been granted, what did you want them to say? You can’t always be looking for some gold plated rns every update, this is all it is, a small positive update nothing more to add.
It’s one of many many steps to the future and it’s never going to say more than that.
It’s keeping us updated on an permit, im grateful they are seemingly pretty good at keeping market updated. This remains one of the best lithium plays that we have access to from U.K. markets and not having to deal with currency plays etc.

When you buy a stock like this you have to be prepared to see it out if believe in it because liquidity will over amplify moves down and up. Just amazing people dumped their holdings on something they really liked when really nothing has changed!

Hi ontarget I think it’s a factor of all those things atm, short term and hold warrants is one main factor which makes sense but also Aim is littered with short term investors that “claim” long term.
If the market was rallying they would hold but moment you have stagnant price action for period of time they drop out and find some over exaggeration on a negative then keep banging the same comment to satisfy their new rhetoric.
I’m in tm1 and seen the same, apparent “long term holder” where was their biggest position cut it because of some delays (expected and prob positive given energy prices!!), and change in finance director after month (assumed negative that they left rather than company being at odds with new cfo).
I’m hugely confident in bhl but I’m prepared to sit for years and ignore short terms price action but I think steady stream of news is important atm.

One of the things that I do believe has set bhl ahead of some other miners recently has been news flow.
I honestly think more updates is important here as it’s clear investors are getting uneasy within overall markets and jumping ship.
I believe that’s what’s happening at znwd for eg. A constant drip downwards and absolutely no updates or forward talk, it just makes a stock become hugely stagnant in volatile market.

Really hope bhl keep the news flow coming.

Think this is the lows, cleared out stock from weaker holders and it’s got gobbled up. Won’t take much from here to be back to 3-4p

Well it’s not total garbage if you look at many of the major printing companies in Europe they hugely benefited from cheaper debt and many did survive due to qe which also in turn helped prevent them getting junked in the debt markets.
Which part of margins are too thin that you cant account for energy costs makes it a viable business?
If they could they would pass on costs but it can’t so you can’t solely blame energy costs for a business going bust.
Tm1 is very different, it can benefit from much higher margins and eventually pass on those costs as the demand for recycled batteries increases. It’s not at the whim of energy costs which you stated for printing firms and I made the statement that margins are too rubbish to survive or pass on which is factual

Energy bills have not put print out of business! It’s the margin squeeze because of digital era and fact demand for print isn’t there especially in new esg era! Bigger companies have survived by cheaper debt financed effectively by the ecb.
Last few weeks not been great but whole market being dragged down, sure cfo leaving doesn’t look good but not the first nor last time and there’s movement atm with lots going on and changes. As qe unwinds that’ll happen.
The ipo market has been weak this year and demand not been great, so if you like the company and can ride out a market weakness which will improve in h2 then delays from the likes of Environmental agencies or changes in cfo won’t matter. Govt production is a disaster at the moment, they all claim “working from home” they work so much harder - clearly that’s not the case as time delays in services and responses are higher than ever bar covid peak points. They have become massively inefficient

There’s positives and negatives, positives are we keep seeing same rhetoric here without anything happening “German mine, autos looking etc”. I mean it’s been at least a year since the vw article cfo spoke about needing whole supply chain. Patience is required but also znwd mgt group also need to buck their ideas up and get some conversations going… a solid timeline will be needed soon, it’s nearly May and they’ve had v little to say except a cap raise!

This share needs some news, falling by waste-side at the moment

Border bob - lol im just responding to your 'buy on rumour sell on fact' comment. Don't get me wrong iv used it many times in my life, but in a QE cycle it's not actually been the case. I can go through a 100 different funds from active to bench and HFs to illustrate the point but have better things to do!
I mean Bradda is +80% YTD....im pretty happy with my performance on that!!

For me it's more just don't get your angle. Don't get me wrong I can't stand mindless ramping, but you seem to want to have a negative rhetoric on everything. Which to be clear is absolutely fine but iv made my investment case here and willing to hold it for a number of years so why would I sell?

lol did Warren Buffet buy preferred bank stock in 2008 and sell the day QE was announced? Nope...
It's a lovely age old statement but in reality it might work day 1 doesn't mean it works day 30 or 100 and im not a day trader.

From what I can read is it wasn't on Bradda side and was 3rd party ie Arizona state - The permits are still being transitioned over but its good to be working with the govt....Reads much worse than it is ?

Nice post major oak, and I think you can expand much more on 3. Shell committed spending to renewable energy and immediately cut that during covid…that’s over and with all the issues on Russia they need an esg uptick. Exxon is already under pressure from the new eco friendly board members and it’s clear all these companies are changing esg.

What’s so so key at Cornish lithium is the talk of net negative or even at worst carbon neutral. If they are negative it’s massive but neutral will suffice.

All the major U.K. investments firms have committed at top level to carbon neutral by 2050. They NEED these assets as do the corps you mention.

Add onto that the green framework from boe end of last year, the ecb focus on renewables…got massive investment and changes coming.

I think CL will be like gold dust and trade technically way through its npv.

Isn’t that the point though bob, when you’ve got proven resources nearby it’s a positive for further development? At least that’s how markets should read it….

look on Twitter under von der leyen comments, @EU_commission
Today - will table proposals on how to quickly get rid of our dependency on Russian fossil

Obviously will be most beneficial for the likes of orsted and vestas but depending what they do/say should benefit whole renewables market including lithium prices.

In beta adjusted terms this has massively outperformed the market, been pretty impressive to be so resilient.
The flood of renewables commitments only just starting, von der leyen at ecb stated need for “massive investment” in renewables.
Last time she wanted the recovered fund for corps funded by kfw in 2020, she got 750bn and took 9 weeks. It’ll be a lot quicker this time around so whole supply and recycling chain will benefit.
As others have said ride out the dark days, one to stick with.

Agree Leas, think there's only so many times you can buy the dip......Although I still think stocks bottomed on 'day of invasion' as they have done in previous crisis.....Like you said much bigger issues out there but world has to function as normal as it can for their benefit also.
We need a solution to dependence on Russia oil....Von der Leyen calling for a 'massive investment in renewables' - Get on with it then!

Borderbob, those over the pond do struggle with sarcasm don't they?! Im not expecting a fleet of v tanks!
What is good to see though these Russian oil companies speaking out and stopping production.
Bad weather over here is a little bit of wind and flooding, we don't see what you do iv not had my electricity knocked out for 20 years!!

Wasn't trying to convince you just trying to give you a diff perspective, as assets go I dont believe Cornish Lithium is near the same as others out there BUT itll be the one I believe Ill make a lot more from other factors than just LI.

@ Borderbob, I totally get the idea behind tunnel vision however its justified and to me there is a seismic shift going on.
Like everything there's risk whether it be new technology or less dependency on batteries in lithium etc.

But there is also HUGE demand that hasn't even scratched the surface yet, and the need for reserves has dramatically changed in last 2-3 weeks alone. France had already approved an accord prior for lithium reserves, trust me the USA hasn't even started nor has the UK on that front.

Weve not even seen the impact on vehicles yet and for the uK for eg that will be materially different in 2030.
I am buying a EQ simply for fact I can't be bothered to deal with another Petrol crisis like Summer last year not ever growing costs at the pump. So the demand factor IS changing significantly due to War. China also came out with their green scoring for electric cars, it's clear they are going to push a billion people to owning EV only and that suits them with the amount they own in lithium. Ford is splitting its business out, it's clear what they are backing.

And you say defense ....what's to stop lithium being used in tanks? Or lightweight inventory vehicles? I mean the Russian convey is out of fuel!!!! So....there's a much higher chance its used in defense also!

Germany can invest in alternative energy, sure so can anyone BUT they aren't and wont when Lithium is proven and being used.

Also you get way too caught up in sizes, reserves etc - If you follow Cornish lithium theyve signed 2 new partnerships - 1 with New tech that could be a major breakthrough and the 2nd importantly with IGas,
If they can produce LI carbonate and carbon negative & gas that can then be reused for industrial end users the demand for this company goes through the roof.
Be huge on ESG scoring, every single fund manager in UK will need or want to own it.

If you look at Exxon the irony is their largest rally came from divesting in 'dirty' assets NOT from oil prices!
ESG is a major factor.
The technical for Cornish lithium will be bigger than anything else imo so its irrelevant that its a fraction of the size of LAC
for eg, you will make a lot more from that project than LAC being at production.....

I totally get what you are saying and about falling in love with Stocks and wild valuations, but im not talking 1y im talking years and technical's thrown in.

Also everything you have mentioned below, none of them are on AIM and I honestly cannot be bothered running the Xcy risk at the moment with $. So for us the best exposure we can get is Bradda to the US LI market.

Iv had a few run ins with border bob and can say he actually does know his stuff even if sometimes I think he likes to purposely create friction!

He’s local enough to have a sense across projects something Iv valued with posters on Cornish.

Border bob what I would say is the whole argument around lithium, domestic reserves etc just changed dramatically since Russia invaded Ukraine.

Therefore financing is significantly easier, large companies interest will be higher much higher especially domestic esg changing names. (Exxon for eg). Not saying happens overnight but that’s the trend.

Ultimately a junior miner is about finding and then proving reserves and then funding economically to produce.
Imo that’s materially changed for the better, funding will be significantly easier, demand significantly higher and focus from govt just an added cherry on top.

Lac has done 10/15x so let’s not under estimate here, I think this can do 10x in the next 2-3 years but lot of my holding 7-8 so that’s only 5x from here for similar lac path.

What was clear that mms have been scrambling to get stock in over the last few weeks, they tried having a go lower on day of invasion where historically stocks bottom…I lifted more then and wasn't easy.

Tesla share px implies there’s not enough lithium in the world for cars they would sell on that valuation alone…doesn’t mean the share price is right or wrong for whatever technical or fundamental reason want to use!
And yes I get it’s more a tech company.