Member Info for Fozdog

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….

Never said I did. I’m assuming Goolang who posted in them spoke to someone at mining conference or
IR team? Who knows, doesn’t make any difference to sp or anything unless something happens so doesn’t bother me.

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!

Paul don’t think any of us doubt the potential, PEA assessment and they are one of the most advanced European li projects. However where and how does the funding come? You think pis get a look or just gets placed cheaper?
For me they messed up by not cap raising when we had bcn money forcing m&g hand and others at that point. Instead they've destroyed the sp and the next cap raise is going to be painful. Doesn’t mean it won’t re-rate higher when done but we could have been so much better off ahead of BFS where then got to get financing In for the mine. Next 2 years could be horrid for funding and I think they’ve not done a good enough job. We drastically need a eur chems, autos company support.l ahead of any material finding. If the mine is operational and producing by 26 need that in place to fund well.

With Labour leading polls and starmer saying would set up sov wealth fund…funny enough no1 on list has to be Cornish mining?

What’s the plan, hope they can get away with sneaking into dec and no update? The way they wrote the MOU agreement was like they had found a golden goose. In fact no follow up is just poor, it’s almost a month since that was signed get on with something tangible.

Actually really starting to lose patience here, doesn’t move literally stagnant. As much as being a long term holder and wanting to see this out, at what point is the cash burn and distinct lack of updates too painful? They commenced drilling 5th Sept and updates expected in “coming months” - they really need to get better with communicating.
I appreciate we have to wait for results before shared but surely there should be more going on here? I literally don’t see how they can encourage new money when they can’t even get the stock to move slightly up and sustain it?
It’s dreadful really.

Mr c I enjoyed ganfeng numbers…profit soared by 614%….not hard when buy assets at a fraction their value!

Spot on John, as you said it’s like a tender. I still feel it’s a step to making the company wholly sellable, the bod are just so poor in achieving anything of value.
Those posts last week on “something brewing” because we were up 4% were now below that level!!!

@ Marco sorry think you’ve misread what Iv said, I’m making the point discussions we’re ongoing way before todays announcement and the price as a result is poor. Fully aware this didn’t just happen today. The q is whether institutional involvement is of something deeper and whether you can read anything into the Much smaller but higher price for supplier.
Reality is we are locking this away for a bit but as per their comments, seem to be indicating revenue generation is around the corner. I would assume investor was only bought on with belief that environment agreements will be met…ie they are round corner also to line in with revenue.
At least that’s my interpretation!

This rns has nothing to do with previous delays so I really don’t get why that’s being bought up! It’s only seemingly a complaint now because the sp down. Personally I’m a bit more aggrieved on level, I feel like these discussions would have been going on waiting for recyclus to be announced, and therefore 1.25 discount v 1.5 could have been done 1.5 discount v 1.7.

Think they’ve given shares away too cheaply there that’s what I’m most annoyed on

Seagulls your bang on, the fear of cap raises on every single company on aim because of horrid prices is going to be painful. Really not sure that’s anything has changed to my investment thesis so will just add a little more.

Totally agree with your thesis John, I think this bod is just angling for time as always and doing it all at a snails pace. Which is fine if they think there’s a large recovery coming but the reality is they seem no closer to securing funds and developing.
Are they just putting pieces and agreements in place for someone larger to step in and take out? Seems to me for a while they’ve preferred that route…

Agree think a NA listing is really important here, so glad to see that especially as we didn’t see any benefit from weaker £. Also pleased to see legally trying to see if can recover the option cost, there’s a lot of positive here and it’s moving at a good speed.