Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Some people are just happy with a £50 profit. Good for them, but they’ll miss the opp making some real money.
Thus a lot of room for improvement. ??
And why not? Warrants have been converted. The world is opening up. We were doing great before the pandemic. It’s a much needed product very easy scalable. And I think we’re number one (if not the only one :) ).
Onwards and upwards!
an update. How are we doing?
Only thinking? I’m sure they’re being flipped. These guys aren’t interested long term. They derisk and move on. That’s there game.
Nice buys though. :)
On the one hand I hate the stupidity, on the other hand I've made a lot of money just because they've got no brains.
Hahaha! Don't you know by now that the warrantholders can't wait to sell their 0.1p shares?
I'm very long LSAI but I'm not going to help those cheap SOB's out.
Sometimes I do believe being stupid is a requirement for being a professional investor.
Don't these guys know that if they would losen up a little, give the share price some room to breath they'd be better of than putting a share price under continuous pressure?
Guess they don't...
I can smell the coffee...
Too bad the guys that got the discounted shares and the warrants with the 0.1p exercise price are killing the share price.
Maybe for future financing they'd better turn to real investors.
@aerial We'll do just fine. Like I've stated before I will add to my position but am patiently waiting for any sign that selling pressure is a thing of the past. Not yet. Maybe july when all 0.1p warrants should be exercised.
Ken- that mobile devices have been in close contact to each other is insufficient to fight the Coronapandemic. Contact between mobiles of app users could have taken place in Thailand, somewhere on the North Pole, in Russia, you name it. If you know people have contacted but you don't know where, what good would that do trying to contain the virus?
The app provides insufficient information, it's almost worthless. The better app would be the one with location verification and then we're talking Location Sciences.
Hi Dimi, appreciate your response, thank you!
You’re right of course, CCJ buying YCA shares would not give them direct access to physical uranium. But it would make “sure” they would be indirectly buying uranium at a discount.
I’m pretty sure if CCJ was to make an offer for YCA the discount would be vanished immediately.
I really hope those rumors about CCJ being able to lend uranium from YCA are incorrect.
It’s common knowledge that CCJ has to buy at spot to fulfill their obligations to energy companies.
This should drive uranium prices up (strongly).
If they could just simply lend their shortage from YCA and would be given the opportunity to deliver it back when their mines are up and running then I don’t know what the purpose of this uranium investment fund is.
If they don’t know what’s playing in the market and making it easy for CCJ to fulfill their obligations then we might as well be run by a 5 year old.
Thank you for all your valuable postings. Added today because of the huge disconnect between NAV and the share price, like some of you calculated. Thank you for that!
What I don’t get is that the uranium is stored at Cameco. This year Cameco must buy at the spot market. Why does Cameco not buy YCA shares to make sure they’re buying with a $10 discount to spot price?
Or energy companies why don’t they buy YCA as a hedge to increasing prices. Why aren’t they interested in the current discount?
Are inventory levels higher than WE know? Or is this just a market inefficiency?
I think the latter, it’s just that uranium shares have had a couple of false starts in the last 4 years or so that even the largest bulls have started to doubt.
GL.
Covid-19 caused a temporary set back. The importance of location data will only increase. The current sp is a steal.
Well, that’s a shame really as they sounded very positive about the importance of verified location data to business that has become more local and raised awareness of that by (large) brands. Yes, location based marketing took a nasty hit, no point denying that, but the future looks bright.
I’m definitely going to add to my position but only if LSAI’s share price will be lower or higher if I think that will be the start of a new uptrend.
Made me feel very positive about LSAI’s future. Will add if any weakness.
Not making full ask. Meaning? MM's have got plenty of shares? Or?
Starting to look better. That’s good.
LSAI is very much alive (no sarcasm, no alcohol).
I'm thinking about adding 500,000 shares to my position, but want to be pretty sure the share price has consolidated and has started it's upward movement (to 2p).