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I don’t think it is but Germany planning to introduce tax credits for solar wind and grid investments in response to us inflation reduction act.

Maybe finally looking at the need for home grown lithium? Biden act above subsidies the tax credits to tube $370bn for the production of electric vehicles?

Maybe that’s it. ..,

Maybe someone had a few drinks during yday us holiday and pressed wrong button?! If something does come out as it feels there is….I reckon will be writing “what took them so long and could/should have done that ages ago”

Ha John sadly made some major mistakes here, not least being involved anything that Secker’s hand been in but is what it is. Similar to you I’m starting to feel only way out is some over reliance on Eu or something like major oil company changing tact for eg. Bp recording double profits and what was impressive was their 6-8% return from renewables.
Right now I can see the market doing another 10% up in stocks then dropping off a cliff in h2, the bid/offer here is too painful to cut just locking it away and ignoring it.
Unfortunately due to the ineptness of the board taking time and not raising cash when it was there we could be a dominant company for a while. Let’s hope something changes!!

I agree Korriban the cash burn has actually been pretty well managed. Not sure we can constantly blame management for these delays on assays and have to be prepared to further delays.
Like all lithium companies, the successful ones have the strategic partnership, that’s what the majority lack.

Carbon footprint is an esg fad one that’s become so mainstream has to be totally abided by but as Bob said kind of clutching a bit there, can’t see it being the overriding decision unless it’s materially different to other sources.

Hi John I took the capital loss way too early here and moved it into my isa.
I’m struggling if I’m honest, I think the only people that will do well will be those buying at a heavy discount on cap raise which seems to keep getting worse and worse …then eventually get bought out on the cheap.
I mean nothing has been achieved here even back to the early days of d-li, then bcn etc.
I certainly won’t be adding anymore but toying with idea about just selling it and investing elsewhere. The headache alone that’s it’s feb and despite them decaying the sp back to pre covid levels in 3 years is just painful.
The fact it’s in my isa means I can ignore it and claim as long term but that’s also been an excuse and missed out so much elsewhere already.
Hindsight easy to say but clearing the headache at 9-10p was the trade. This now is just horrid.

Good to see a new broker when cash needs raising?!
Couldn’t care less about the reach on the broker, shouldn’t need a broker to be the one to tout this company!

I’m not concerned this is the classic mm in aim and handling a large seller. I mean all of this is at complete odds v Charles interview other week. If bad news came that interview becomes v misleading quickly.

Not really sure what’s change from bounce 12th dec to the drop back down today, I only thought was a cap raise at 25% discount ie like 6p but everytime we’ve had a drop like this have recovered within a month later. Has to be some news coming out

Another month gone, further decay in the sp and not a single part addressed from those running things. Quite amazing really

Think it’s a very solid interview, it’s a positive drilling result to add resources and clearly positive about what’s coming. The major issue is feels like a lot of exploration is falling on deaf ears at the moment. The depth of resources are huge at bhl but feels to me the miners that do well this year are those that can find some agreement or even investment or partnership with lager names or suppliers. We will need to fund, so need to be opportunistic on this front.

I still feel the mms are trying to squeeze sellers out. Either that or we get v good results with a cap raise coming?

I don’t think it’s a negative I just think mm know how to get weak holders to sell!!!

Tiresome these random drops on next to no flow as it suits the market makers rhetoric. Could really get on with some news flows this year

Agree, feels a commercial decision to me so clearly in essence of enhancing revenue. Onwards and upwards!

Yeah unless mistaken they are implying a px of 5.8p were sat at 4.6….26% differential is a lot and they’ve had buying at that 5.8p equivalent level

Cornish lithium already have the ability to generate power from their extraction processes and actually are aiming to be carbon negative not even neutral. Therefore princess is already in place there if can be proven then see if used with Cornish metals.

Ha tbh John it’s fallen so much it’s got to a level where it’s cheap. The issue is I just won’t add here now over likes of bhl which I still prefer, so just got to sit it out and hope we have an early enough rally in q1 that they can cap raise for the feasibility study at a “reasonable” level. I still think the board has been extremely poor and constantly blamed selling from bcn holders etc when actually they’ve not put us in a good position at all.
Still bullish this eventually comes good but just not prepared to commit more here.

Assuming mean 7%…seeing that with a lot of dual listings the us is 7-10% better than U.K.

Interesting volume day today, we are going to be larger than any day in Dec and if continue at current rate today could be larger than any day in Oct and nov also…
Some decent buys going on, do wonder if just got so cheap now that could have a decent bounce back above 8p pretty quickly.

Not too concerned on lithium weakening, it’s December contracts getting filled etc prob means holding off demand till better 23 picture.
Which is the more worry as a shoddy recessionary market which isn’t going to be great to raise cash in…which we need for feasibility study.
Just can’t sell now in it till the end but become too hard to average down in. Need a shift in sentiment, so whilst they might feel don’t benefit from an off take agreement I disagree that they will if it’s with German chems or auto company. Think Ceo is asleep at well with market sentiment.