Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I agree with shareinvestment, the mining side I’m less interested in it’s the circular economy and recycling that matters. Do remember lot of aim stock trading volumes are utterly woeful so the moves are exaggerated down because there’s no demand to pick up on offer. When buyers come in and market turns it’ll be same, very little sellers and little on offer. So it can move quickly.
I am sadly wishing this is a repeat of the 1970 where the S&P dropped in h1 21% and rallied 27% in h2.
Historically in mid term years h2 fares much better 98% of the time… sadly though stagflation, imminent recessions etc do not look good and I can’t see that happening although some analysts now calling for double digit return into year end (which I can).
Prob is with bhl meh news got punished badly even though it’s not bad it’s just average and good news gets ignored. We had both and it just shows how many are sitting there with itchy fingers to sell anything.
Majority of investors now PIs especially can only buy a rally so regardless good news that’s what we will need.
I Disagree deep blue, the market is rallying at the lowest cost of entry, highest liquidity and “safer” or safest assets ie ftse or s&p.
High dividend stocks defensive stocks are preferred or those doing buy backs.
You can see that clearest with mining companies, ftse was rallying lead by miners - lithium prices were up and have continued to increase during this period but explorers didn’t move/went down (even ones with good news like bhl).
In these markets you buy highest liquidity where can get in and out, these aim shares are not that.
The people that will do well here are those that believe this is a solid investment that will lead to earnings and can buy down at these levels and hold/ignore/lock away.
You’ve just made the comment the company has had great news and so mid developments from the mgt company.
This is a solid investment but if you want market
movement then mess around in the S&P or any other indices. Single stocks in aim will struggle to really rally and sustain that rally especially during qe unwind.
When we get to revenue production from here we will see the benefits. I expect you might look back in 3-5y time and go why did I not just lock those away and ignore price movement in this type market?
Totally agree Seagulls and I also kind of find this a defunct market where one of the biggest components of inflation is fuel and food…yet the companies creating a circular economy, recycling, batteries over engines etc are the answer to part of the inflation problem.
So whilst I understand the market sell off in general on rates, qe unwind and inflation, the irony is the govt should be investing in these sectors effectively giving a form of qe to these sectors.
For those invested in cusn and cornish lithium please make every effort to voice to CL IR that we don’t want some insti only raise and at a poor valuation.
IPO market has been weak and some firms are pulling back choosing to use using private funding to justify valuations. Pis already got overlooked here last raise and I don’t want the same to happen at CL.
Znwd -60% ytd isn’t just a “dip” !! But yes averaging in some from here seems a sensible trade but just reaks of being opened up to a low ball placing with a “strategic partner” which hammers us all and if we don’t keep buying in lower will takes us years to recover.
20202,
The money in the world is a factor of qe and stimulus, all that is trying to unwind. Look at borrowing it doenst paint a great picture that household debt is now higher than was pre covid when people are facing higher living costs and less stimulus.
Also I see Elon musk touted on pretty much every single lithium mine out there! The best solution for znwd was always an auto partner or some govt involvement given neighbours like France passed legislation as they need to buy it rather than capacity to resource it.
The price is too low and I am more tempted to add here than sell now, but I’m not particularly impressed with the running of the firm here.
I actually think the market will rally circa Sept and growth stocks starting to outperform in USA but it’s going to be a bumpy ride from here.
2020 was peak qe, we were at the highest stimulus we’ve ever seen so I don’t really think it’s comparable. Stocks are in a bad place right now, therefore I’m not banking on that sort of recovery even with brilliant news such as proven resources and mining.
Same as you John, so disappointed with progress here but even more so the updates. When your sp has been battered you need to make a much better effort. The ceo comments were weak and did absolutely nothing to give conviction to the market.
I won’t sell it as always prepared to wait long term as originally stated and Iv offset cap gains so can use this when need it next year. However I can’t blame this solely on the market, I actually have a serious issue with how this is being run.
I said from day 1 they needed to sort gf out, either sell the stake or force them into a capital raise. They did neither and just like the sp get absolutely battered.
This is the problem, znwd always touted as the “next Europeans answer to mining li” and a lot of investment here was driven by where this was based over being a stand out resource. That included potential agreements with likes of vw or other miners close by….
The fact they are talking about using old mining tunnels and getting the agreements in place…why hasn’t this been done?
Why are they not talking about ANY avenue of costs or possibilities of agreements with other miners close by just shows how woeful it’s been.
I agree with John they are sitting on their backsides paying themselves well. Iv not looked at the cash burn but £6m doesn’t feel great to what I remember (not looked up yet).
They are making out being slow so can get it right and proving resources but the market doesn’t care less. How they are going to fund this without a big partner of some Ilk? I can’t see this being funded by pis or even institutional unless they get a partner agreement with vw for eg onboard?
Forget the eu concern on being a hazard resource, everything is including oil so I don’t have concerns that’s the issue.
Even if was it’s being declared a national resource over the world and china don’t care less so the eu will end up losing more production of its cars to China if not careful.
It’s cheap but it’s going to remain cheap until the market turns which seems distant at the moment or some material change with politicians. 2035 is a joke should be 2025 with regards to cars, at least aim for 20% by 2025 and incentive to get there.
Hi Bonkers, honestly don’t blame you for clearing out anything to do with Secker! I refused to get involved in kdnc that everyone touted due to Mexico so similar vain.
I think the equity raise wouldn’t have been an issue had it not been very similar to bcn…DONE WHEN MARKET IS THERE FOR IT. Bcn did exactly this literally let the price drift down then cap raise too low. That last 45p raise was rank, it was clear that was dropped to get intuitional in on the cheap then sell to Gf.
Hi I don’t believe that’s the process here but either way they are running it equally as poorly.
I honestly don’t get some of those advising these companies or the cfos, why didn’t they cap raise back in Jan when bcn money was clearly looking for a home?
It was clear then that 22p was a strong valuation and good time to get capital in.
The prob is now This reminds me of bcn 25p days, is there a horrid capital raise coming at a rubbish valuation?
I’d have cap raised in Jan and forced gangfeng to be diluted or forced them to put cash in.
They really need to have some decent at the agm because as of right now it’s like znwd is gone in the wind, no one is interested in it. Doesn’t mean it won’t come good but it’s just a drag like bcn was.
It’s actually very poor they’ve done nothing to address the share price even if it’s to release an update. The last one we had was early March about provide viability and the fact they’ve had nothing to say since then is poor imo.
Sorry Gary I agree with expat here, I mean were you asked to send it? I would assume not.
Also have you taken the time to think about a company using this report and how they work?
You just said a “team of researchers” therefore in theory you are providing them critical or paid for service in this case research would could be seen as gift or solicitation.
I wonder how it would work for their compliance or tax implications.
If they ever used that research what’s to stop you asking for payment? Or one of your team moving and asking for same?
Did you specifically say “I gift you a report that we’ve done, we expect no recognition, payment or anything” etc.
To not invest/top Up because you didn’t get a “thank you” is a bit shortsighted.
I can tell you that every comment you made about it being mba, certified by your manager etc my company would not even consider accepting this from you and ignore the email, forward onto compliance.
I wonder if you have complete clearance from your own firm to have it given away for free? Did you have the right disclaimers on it?
Cashflow not disagreeing with you re markets and a lot are suffering…I just think that also means positive news has a much less profound impact in these markets and as John said protecting v bidders therefore gets harder.
Getting investment from investors is harder, huge drop in IPOs this year, lack of performance on those that have come and lack of t etc…money is v sticky atm and requires a decent amount more to be captured.
Run of the mill News doesn’t just fix the sp here really needs to be material.