RE: UK Investor article moving the market?19 Sep 2023 09:58
Foz,
Must admit I'm out.
There seems to be a increasing question mark over pure EVs when compared to hydrogen fuel cells. Fuel cells will need battery packs but on a much smaller scale. There will a huge lithium demand in the short term of course, even though I expect EV mass introduction to be delayed worldwide due lack of infrastructure development. However I can't see Zinnwald benefitting from that short term demand as they are many years and multiple cash calls away from having a functioning mine. In the meantime the SP slumps, meaning more dilution with each placing being at a lower price than the last.
There is of course the possibility of takeover or EU mega cash which may well prove this to be a good investment, and making my exit a mistake. I genuinely wish believers here the very best and a profit. just no longer something I want involvement with.
I lost about 700 quid overall, not even the free BCN related shares meant a profit!