Member Info for Fozdog

Yep this was why i was posting IF they need to raise, do it when the market was buoyant. We wont get an RNS till 3rd March.

John I sort of feel it already has traction but not saying it doesnt continue bit more.... were close to month end weve had some utter shambolic moves like Gameshop. There will be some portfolio movement/rebalancing going on already, I think its a ride out storm for a week type now. Volumes broadly are lower and having larger impacts on moves which is what you expect in risk off.
However the fed is not pricking any bubbles, they are very much reiterating support is there as the Ecb is and think we recover yin a week.
Im just the idiot that said a 20% drop coming here, do I trade it for the downside / upside..anyway think ill by buying soon, tomorrow on month end even though today might be better print.

Did enjoy Grantham mr Bear comment:

"Shares that benefit from the greening of the economy will do much better than the rest. Anything to do with renewable energy, the electrification of the system, electric cars etc. These are all going to have top-line revenues that dwarf the declining growth rate of the rest of the global economy"

Then inflation argument is overdone, it can run hot for many a year before they are really concerned. Let’s also get to inflation as not seen any for 10 years!

Asset prices have been in a widely held bubble and it’s still inflating as it will continue to do so with qe.
The sheer amount of money and credit creation that exists will continue to support it for some time yet. Overriding view is that h2 will be a strong recovery as we pass through worst of covid, yes bumps on the way but consensus is jabs and mutations can and will be dealt with (along with something like regeneron antibody treatment)...
The one thing that is clear we remain in an arms race with Europe for renewables that isn’t going to slow and loads of job postings now looking for people in this area. The govt will pump and pump money into this, billions are a drop in the ocean.
Let the us get their cheques in and next bounce will come, but doesn’t mean we aren’t going to wobble around for a bit. I worry more about how money sits, the retail element can batter stock markets up and down something it hasn’t been able to do in a long time and it’s much more flakey than elsewhere.
We all know the story here but it’s come with pain, I had opportunity to buy lithium America’s at 2$ and instead added and stuck here stubbornly....

Think it will be, wonder if get one more wobble ahead of month end then revert back. Still feel like equities got another 2-3% down day to come but not sure BCN will be in that. Think anything 56-59 is good if we get there but as said not trading it around but will add in there.

John I considered it across whole portfolio, wanted to cut everything 30-50% but nope didn't. Just means need to wait on adding now. Wait till those cheque's come in to bank accounts in the US now.....Its felt like these down days been coming for weeks now. Another 5-10% broadly and think get a wave of buying.

Market just cant hold on to a sustained rally at the moment, nothing to do with the upside here just broader market feels touch vulnerable.

No maybe not, there are some good things on this board and others along with articles I miss as am focused elsewhere....So when you log in and see pages of drivel and bashing or more ramping or deramping rubbish (both ways) just ruins it.

Sirtugalot, ok let’s try address these
1 - a competitor isn’t just going to show up like that and it’ll require a lot of investment and time. Sure one of the big players could and at same time what’s to stope them coming in for velocys? Nice and cheap asset to buy if they got the funding
2 - Shell bail all the time and clearly have focus elsewhere, yes it was a negative but not a financial one as stated and we’ve dealt with it from an sp point of view.
3 - directors involvement sure concern but let’s see what take up options they have and do before worrying on that.
4 - uk govt has and can print billions for renewables they can fund as many projects as they like.
5 -hydrogen and electric...which one is it? Hydrogen still unstable and won’t go into air travel any time soon, electric still too big and heavy for air travel.
6 - air travel yes has suffered till it doesn’t...largest ever bookings this summer for over 55s, let’s be clear this feels like a Boris scare everyone then release much earlier and act like he’s a national hero
7 - bankrupt? Wake up German govt already bailed out Lufthansa, BA will have all the support it needs
8 - us govt in bed?! Really in Biden administration he’s got countless again like uk to invest in. Do you realise how many jobs need replacing post keystone and that’s one project?

Sure sp had a lot of euphoria, sure it can go down to 6. If does I’ll buy more, got plenty can afford for it to go to 0. My time horizon lot longer than your day to day so please now give it a rest.

Is this drivel really necessary? Have a view, up / down whatever but don’t waste space on here with petty vendettas.

Happyhunting - really good thread on BA, if you look at all the Cargo numbers for large scale operators their numbers for cargo have bounced back hard. Strong freight numbers into year end.

I do disagree when many posting RDSALN isn't a negative, it was but it's now more than priced in from what was arguable euphoria priced into the share anyway. Yes its a justifiable leave to focus on their own technology elsewhere but we still need to progress with or without them and having them just gave more 'security' than anything else. Getting back up to 9p seems right to me.

Totally agree this time John! Iv held off adding anywhere due to broader market.

Bluegrass I think you misinterpreted what I said. I never said I was going to trade this for a pull back, I said trying to trade it for 10-20% v my upside thoughts 50-70% ultimately isn’t worth it.
Do I still think the market pulls back? Yes I do, there are several reasons why. Technical reasons on current levels, covid concerns, relief package not getting through Congress as quick as wanted, inflated asset prices, fatigue in market v last year and December run, I can go on for a while. Boa and and Grantham both warning of a pull back in asset prices. Plenty others. I also highlighted that I think overall is short lived.
Don’t be so naive and isolated, if risk assets come off it’ll impact all shares including this one or did you miss March 2020?
I really never understand posters like you that try to discredit a poster making out it’s for personal gain.
I believe The market is going to have a little sell off, whether that is on covid and vaccine efficacy or just simply that prices need to come off to regain support is a view I have taken. One that is both sophisticated and I’m entitled to. Am I going to trade it no.
As I said in a previous post If there is a cap raise that I want to be part of it, I’d rather that was needed or happened post a solid update that pushed onto £1. Id prefer that to happen at a higher level.

It's the depressing side of knowing we are hitting a bit of a market sell off, not saying a sustained one but a little pull back coming and trying to trade this for 10-20% drop v what I think will be 50-70% rise if get the RNS of financing secured. Just depends how buoyant market is at that point, but right now covid news looks to weight on us a bit further for a few weeks longer yet.

“The govt will not back this project with other big players”....
I mean that’s just a statement plucked from thin air. Let’s be clear on the uk Govt actual role - it is going to have create jobs from nothing in the Millions by the end of this.
What pledges have they backed? Green, environmental, carbon neutral.
What are the competing v? Europe and their renewable energy sectors.
What sectors will they pump billions into? As above.
£50-100mn is a week wasted on high speed rail, don’t be naive that the uk govt can’t print a bucket load more money at 0% to fund many projects.
They’ve pumped grants for millions for Cornish lithium, who knows yet if it’s even viable to get out the ground but I guarantee the govt will pump more in if it is.

Sorry john i disagree on that - open to all at a 1/3rd of your holding will not cost more than going to larger shareholders who will demand at least a 20% discount. Previous raises sure, this amount here for market cap - disagree.
There are plenty that would take up more than an allotted 1/3 and those that didn't could go to larger shareholders.
I can see the logic but doesn't mean I agree it. The Sp will not react as others have until financing is completed, no endless bullish argument on Lithium or RV against other miners will change that.

Think would be amiss to not say considerably higher than here, the share has become quite solid even in risk off days.
Believe results 3rd March, the unresolved q is around financing which has to be completed by q1. Given can take up to 30 days to get a placement done and blackout couple weeks ahead, means either they pull trigger in next 2-3 weeks or post results to get in time for Q1.
Bullish thesis is $60mn is not needed and financed elsewhere which with the 'right' update in march pushes the £1 region. Or expecting a strong update that they can do a placement post year end update.
Lithium Americas pulled the trigger timing perfectly and is now trading above placement price.

My biggest gripe right here is not the prospect, the future, lithium demand and can post as many articles to bullish case there it's simply timing. I will be hugely annoyed if they do a placement to another investor when we would all take a 1 in 3 placement @ 20% discount to get to the $60mn needed. Or ill be hugely annoyed if they come back to market and for whatever reason we have a stock pull back 10% as some froth comes out the market and thus deeper discount/dilution.

I do find comments ridiculous 'its dropped a 1/3 in value so clearly' or its 'going to collapse'.... its AIM, its illiquid, this isn't a FTSE 100 company dropping a 1/3rd, risk adjusted would be 5-10% which is about right for the news.
The RNS was pretty clear - 'NO FINANCIAL impact' - Too many retail investors in too many stocks all wanting a get rich quick scheme. This is going to take years, not months to achieve goals.

Read the ft article last week, shell has a human rights case against them with may 16th think said outcome and also they have already cut spend from their green energy “30bn” they stated annually to “20bn” due to covid.