Member Info for Fukurokuju79

Trades and it drops so much.... cant wait for the good news when others become aware and want in...will be a great day or several

Agree. Float is tiny. Any demand and this thing would go nuts imo. Small buys /sells bring the price up and down on nothing really.

Yep but that's why its down here. For me its accumulation time but pretty much maxed out for now here so holding game after today. I am comfortable that whatever they are doing will be for the good and at these prices its well undervalued, even with the unknowns imo. Time will tell but I have my position now so will see I guess.

Well they in good sector and are working to turn around and valued less than cash so its defo an opportunity for investors here. Like ad4 and mno.

I think its because the price is so small here that the HL platform doesn't account for that decimalisation. So at times it doesn't fully reflect the actual value where stocks like gun are trading at these prices. As mentioned there is also a 15min delay but I interpreted what you said as HL does shows % increase bit with no change in value. Gl

Daiwish ...005%?

Yeah defo low float and PIs bring that figure in. I know u and one other have a decent position at least.

To be fair Addicknt was here earlier than most of us. Before I was and I have been invested for over a couple years myself. Not too many here from back then. We were here when it went to £1.57 a share lol and still held (lesson learnt about investing in hindsight). I don't know why people can't allow others to share views without commenting if it doesn't match their own. Live and let live. Be open minded and if you don't agree don't get so personal. If you want to challenge then debate it maturely. Anyway I did average down here and I defo believe in the project still, as does Addicknt(i believe), but it has been a frustrating journey. I can understand why some decided it felt too risky, or were too frustrated to average down etc.
'Should' see a higher price in coming month(s) though and its progressed a lot. Quite crazy price imo considering the de-risked position now compared to all those years/months ago. Market will hopefully correct soon to fair value.
Anyway, GL all.

The good thing atm about this short squeeze is its purely due to limited supply, as a result of the significant holders positions and relatively low total stock available to start. That alongside any change in demand (like now) means at these prices you will be buying a lot of stock for the money I.e. with a relatively modest amount of money you can buy a lot of stock. Perfect storm really. I started buying at 1.03p so is nice its now gaining traction and on.people's radars. Wanted to buy some in isa too but unfortunately timing with other positions didn't allow.

They will take up to 620,000 @1.845 to sell. Quite a chunk really!

Just under 28% not held by significant shareholders also....low free float providing they stay significant shareholders.

Everyone has arrived all of a sudden lol.
Don't get me wrong I don't mind haha.
Welcome.

Did yesterday. No reply yet

Lol, expensive games. Possibly didnt realise what got self into and saw the £500 loss and panic sold. Just got to wait it.out and ignore the balance although I been buying since about 1p (tiny fraction over) for first tranche.

As still low so far today between 6th to 13th when big drop the volume of trades were higher and imo it does seem to have settled down suggesting the seller us done (or possibly paused).
Value of trades today is also pocket money really.
Not a big fan the the cryptic brigade on here though who claim to have info not known to public. You may well be right, and you may have said info, but you'd be daft to be posting / suggesting it here as you are. For that reason I find it hard to believe but happy to see a 3 million deal rns etc
Gl all

Their initial share purchase was peanuts but their proportional contribution to the overall financing is much larger. That said, they signed the formal agreement and in my view have committed.
I suspect Peter S is having a chat with them about it though and lets hope he let the market know swiftly to avoid any further uncertainty.

I have read through the rns' on the Ganfeng partnership and I couldn't see mention that shareholder approval was required? Surely as they have signed the formal agreement and its going through chinese government approvals we are passed the problem outlined in the article below. Ganfeng have enough cash I assume...

When reading the last rns re reading the note from Ganfeng lifted my spirits again:
'Mr Wang Xiaoshen, the Deputy Chairman of GFL, commented: "In signing these agreements we are not just committing immediate financial and technical support to the Sonora Project, but also advancing Ganfeng's growth strategy to become the world's largest lithium producer. We are demonstrating our intention to be the cornerstone funding partner for Bacanora at a corporate and project level going forward. Over the rest of 2019, we will work closely with Bacanora's management team to optimise project capital costs and evaluate potential economies of scale in the Sonora Project."

Yep, its good one to be in I think. Almost all stock.held by significant shareholders. Any interest and will fly really.

Does look strong support today from early hopefully maintains over the session

Appreciated. Thanks for link.