Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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?
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.
John agree with you, by a country mile worst performing stock I own. What’s even more concerning there doesn’t seem any desire to address the issues or the rot. Only have myself to blame…. Do not touch anything where Secker has had a hand In!!
Everyone made out Anton was some great ceo taking it slowly to make sure he got it “right”. Reality is he’s actually putting us close to exit! We can’t feasibly raise money at a £20 quid market cap. What a disaster.
I agree with you shareinvestment, this is a better deal for financing for us right here. The deal for tm1 is getting the revenues in, being priced on future and npv back and crossing the threshold for warrants to be triggered.
I’d much rather see us run up to 4-5p and warrants triggered than capital Raise below where a ton of warrants are issued.
This financing is sensible to me
Disagree, should have been at these levels irrespective of mail article. You are also assuming there’s going to be enough sellers to push it back down to 7p
Away from mms moving it around. The volumes from 9ish down to 7ish pre this are a fraction v the net buying that’s moved it up. It’ll be well supported lower absent any news and if the news expected comes then the mms trying to get some stock in lower, will have to move it higher.
I mean it’s the Same old rhetoric being touted isn’t it? Future lithium needs, PEA survey, fundamentals in the ground, it’s in Germany mining region….yet over the years it’s been owned including bcn / Deutsche lithium and solar world whatever it all was…progress is just dreadful.
Cornish lithium expects to be in production by 2026 and has the capacity to get there.
ZNWD you hear nothing with regards to govt, nothing with the autos like vw instead they are going to Canada….
The fundamentals here will only be worth something if they can get a buyout agreed or some off take and develop agreements with the German autos/govt.
This has to be a partnership agreement achieved otherwise we can whittle into the ground spending money without no one interested.
We absolutely need a partner, not a buyer a partner. In order to get that we need govt help or German autos help.
Be surprised todays move is on back of article, we’ve got news around the corner so I’d imagine it’s that?
Can’t imagine a small group pis buying a few shares pushing it up 20%. Hope there’s something more substantial coming….
Companies all the time post “we’ve signed nda’s with partners in the field” or alike. Doesn’t have to be something unknown. Contents absolutely are unknown but you sign nda”s even if Embarking on m&a for eg. If a company says “we’re selling a business it’ll go on to say we’ve signed nda”a with gs” for eg
You even have it in court “we have a signed nda” doesn’t mean your obligated to share the information.
Vw is booking eur 9bn profits generated from Porsche ipo in q4 - earmarked for “EV transition”
Seriously znwd achieve something it’s poor. A stake for vw with first rights on off take agreement is a drop
In the ocean. Think we should all email their IR on this.
Ha John feels like we were!
Paul prob is market and retail investors (myself included) bang on about demand in li, lack of supply, government needs etc. it’s same with U.K. Labour that’s ahead in the polls with Starmer calling for a “sov wealth fund”. Total agree he should but even with national security acts and resources how on Earth are we no closer to agreements?
However vw has done sort of deal a Canadian mining company and Canadian govt rather nothing back home?
It’s utterly pathetic we can’t get some sort of agreement with them especially the cash they’ve raised from Porsche ipo.
Don’t get me wrong even gang feng down 20% and revenues are through roof so it’s not like massively protected away from junior miners also!