Member Info for Grimweasel

As postulated last year, Lithium is a dead end. Pivoting to this by SAV board was a strategic mistake. https://www.express.co.uk/life-style/cars/1109301/Electric-car-battery-breakthrough-621-miles-range-charge-new

https://seekingalpha.com/article/4247139-lithium-demand-growing-steadily

Oops

6% is a great result. Confirms this as a strategically important European jurisdiction asset. Buy.

Maybe it’s nothing to do with BCN per se and more evidence of institutional de-risking now that both inflation and growth globally are slowing. Expect further equity market falls into 2019. High beta and momentum shares will get crushed. Hide in US Trys and Min Vol/Value factor Equities. I don’t see AIM returns getting better in 2019. Dyor

Positive RNS albeit I can’t see it driving prices higher in a wider tired market. Good to see Portugal moving forward towards being a world class Li resource within Euro borders.

Cluster of Dermark Sequential counts across daily and weekly chart point to higher prices. This looks like a great level to buy in. Daily has Demark 9 Buy set-up active along with 13 combo print. Weekly is on 8 of 9, so we are very near the next leg up. Take a look at the charts!

https://www.brighttalk.com/webcast/15565/339095?utm_source=Eloqua&utm_medium=Email&utm_campaign=Battery-Tech
Could be interesting to attend given our major resource in Portugal!

09/10 would have been yes. The dash to trash. I recall that APH was the biggest riser up over 900% I seem to recall. Small caps and EM usually get hammered as the market cracks so 2007/8.

Any empirical data to back up this observation? Mine all shows quite the opposite. But always good to have a debate on the subject!

Long term holder but we need to be aware of slowing inflation and global growth, both of which elements drive stock returns. Q418 will not be a robust environment for stocks, esp cyclicals like mining. Expect Utilities, Con Staples and other defensives to hold prices and cyclicals to tank. We should see bond yields sink (and a further bond bull resumption). There will be some relief today (poss a dead cat bounce) but with the US corporates blackout window negating share buybacks for another two weeks, then this wider market correction may not yet be over....

👍true yes I’d forgotten about that. Maybe now with this out of the way we will see a rise back to NPV levels of predicted future cash flows. £1 by the end of 2019 all being well.

Quick scan of the RNS this morning might explain the drop from 17p high back to 6p. Leaky sieve AIM obvs knew of the further 20m share dilution coming down the pipe. I guess the positive is that the ‘partner’ is now directly incentiveised with 45m shares.

Best not say that ‘told you so’ last week. There is zero institutional interest here imho. DYOR. Aim26 is your friend.

Great news. Sustainable path to compounded revenue growth into the future IMHO. In the words of Jazz -"The only way is up, baby!, for you and me now!"

Actually I was looking at this for potential investment given positive news flow but found that article ref Bumi and Rothschilds etc and decided to pass. Leopard spots and all that. Just a personal choice. I prefer a BoD with a positive news flow from previous firms and a track record of success. Good luck to holders here. But for me, a few too many red flags on the usual AIM casino ! DYOR.

It’s called due dil. Checked AIM rule 26 too. Zero institutional holdings only the usual nominee accounts of retail punters. Free float is huge too. Very few shares and total cap held by directors. Little skin in the game. Repeat Yours!

https://www.fca.org.uk/publication/final-notices/asia-resource-minerals.pdf Was the current ARCM chairman (the CEO of ARM) at the helm during the ARM disaster?? Yours!!

You could open a JISA. They do not get control until 18. For this, you may be able to do an in-specie transfer ISA to JISA so that you are not out of the market. These take time. There are also annual JISA limits (c.£4k). Another option would be a Junior SIPP. There are again contribution limits of £3600 (gross, so £2880 net) pa for each child. The benefit is that they would be unable to access these funds until 55 years old.

You could just keep them in your SIPP? If you die prior to 75 the funds can be bequeathed free of tax. Over 75 death then bequeathed at beneficiaries marginal rate of income tax. Pension sits outside of your estate for IHT. ;-)

The key support zone has always been 7.5p for me as I opined some months back. This is the level of support and the breakout level from consolidation. The big-boys want into this share IMHO and have engineered this fall to their 'best value' entry price. We should see some 'chop' around this level, but keep an eye on the volumes - we want to see building volumes and increasing at these levels for signs of accumulation by pro money. Look at the price history on a weekly chart and you still see higher highs and higher lows. The news flow and management are all sound. Don't forget that the 'tide sinks all boats' and the wider commodity market is under pressure thanks to falling inflation.

We are entering 'QUAD4' in Q42018 where we will see falling GDP and inflation expectations, none of which are supportive for commodity producer prices. Unless we have some solid RNS related to farm-in or Oman news, then this could trade all the way back down to 2-4p as the wider market gets hit.