Member Info for johnpwh

Truly excellent report, showing that revenue from the marble operations for the 6 months in question increased by 50%. I'm sure we are all pleased!
Shame it was only about the same (less actually) than someone just paid for John Lennons run down semi-detached home in a not very posh part of Liverpool.

Think that, even though the company is only traded on a market that is currently closed there would need to be an RNS of price sensitive information before being disclosed in a small meeting.

As someone who has always admitted that this is not my most researched holding (so don't shout!), my take is that vanadium prices are starting to show stabilisation and maybe beginning a sustainable rise, there are headwinds here and there but also significant strengthening in production imminent, and no immediate requirement for significant fundraise in difficult (or should that be very difficult) markets. It is the latter problem that is decimating the SPs of many small companies facing cash raises by equity and debt, and for some reason BMN seems to have been filed in the same risk category to the detriment of the SP
I will not be selling and, if what I see as positive news particularly with VFBs continue, will be adding.

tick!
And the one after that will be ....... gawd knows

I was checking that earlier and could find no reference. The event itself is marked 'sold out'. Would be interested if anyone has better knowledge

ps
I agree re Secker. He came to ZNWD when the size of the BCN holding that was so large it, understandably, required BoD membership. But post the BCN takeover I expected him to resign, as far as I am aware he is not a Ganfeng employee, who are still significant shareholders? All we can do, I assume, is try to vote him off at the next re-election if he stands.

Thanks mick
I hope no one thinks I doubt the resource, because I am prepared to accept that Lithium exists and is there in abundance. My problem is that it is in the ground, has been there over 4 billion years and without huge financial input isn't about to leap out of there all by itself. It is potentially a valuable commodity, increasingly in huge demand. ZNWD needs a partner with a big bank balance or access to funds, neither of which ZNWD has a hope of by itself. Or the EU of course ...... ?

calamari
You are just really tedious and very boring so happy to filter. Change the ****ing record

A headcount of shareholdings of active posters on this board isn't going to tell you which way they will vote in the event of a takeover approach. It all depends on their shareholdings, age, responsibilities, acquisition costs, aims, ambitions etc. A more meaningful question might be how many shares would you pledge if a bid were to be made at (say) 25p

Bit behind the curve here on this thread to say the least, but I have voted yes to Resolutions 1 & 2 and no to the rest. That is not to say that I necessarily disagree with 3-5 but I think the BoD should be aware that PIs are not just going to simply tick every box sent them and will apply thought, especially where the purposes of resolutions are not transparent. In truth no matter how many of us vote against anything here the resolutions are as good as carried, and frankly I am glad the General Meeting is being held asap to prevent the overhang of possible defeat of the financing package weighing too heavy on the shares. With this obstacle out of the way and a clear way forward obvious I would hope the market in GGP shares will improve. As SD said, his aim was to remove all the question marks (I paraphrase) and in fairness to the bloke that is what he has done in double quick time. What we need to hear now is continued good progress on the decline, drilling to remain encouraging and PoG to increase as is usual in an inflationary environment (because it hasn't yet)

No, another 15% down now!

Given the 75% drop in SP since the start of the year shouldn't the shareholders expect some sort of statement by the BoD. I am still of the opinion that the IPO happened when it did as they realised that the company was overvalued, facing a difficult future and it was a chance for them to cash in their chips

Has anyone considered putting the mine on care and maintenance until the expected increase in copper price? You cant keep producing when costs are above the commodity price which has plunged again

Plus market conditions. Small companies are not doing well in general, people turning to cash. No news, there is no reason to buy more than anything.
I am pleased that the epidemic prompted them to branch out to on line events, they may not have done that otherwise.
I am under water here a bit, but happy to hold

bankboy
Much as I didn't buy in with that in mind I would take 17.5 - 22.5 in a flash. No one would have ever seen me move so fact in recent years! -As I have said before, my first holding came gratis as a sweetener in the Ganfeng deal for BCN, and I added a few (then a few more, then a few more) to make it a reasonable holding. I was guilty of not researching enough on this occasion, I think my logic was exposure to Lithium at all costs and since I had a few of these why not.... Now I know more I admit I acted, shall we say, rashly.
As you so correctly say where is 350m coming from, especially in current markets? And even if it were possible at what interest in a world where interest rates can only increase, especially to a minnow trying to raise a multiple of its Market Cap? Answer 350m cannot be found alone, the only ways forward are a continued strengthening of Lithium price, proving of the assets, then either becoming the very junior partner in a JV or a takeover. I would prefer being part of a JV with a well funded and dynamic partner personally.

IMF, maybe Foz! We are well on the way to being a third world country.
We have 2 years of this. Why would the Tories call a GE at the moment, they have a big working majority and know that at best many Tory MPs will lose their seats?
I am hoping for Truss to be subject of a rapid vote of no confidence by her own MPs is short order. I am 65, and I cannot remember any PM in my days of my political awareness (Wison and Heath being the first) who I thought was so utterly out of their depth - and by a large margin. I am genuinely worried here.

Don't hold your breath me old mate

Only just read this. Coincidentally I also ate porridge this morning, with blueberries and a banana sliced in. Glad I didn't read it then or I would have pebbledashed the wall when I laughed manically.
This is the biggest load of incompetence and nonsense I have read from Mr. C Gibert, who as most of us realise is the uncrowned King of incompetence and nonsense.
At the suspension price this farce of a company is worth 5m. Any placing won't be at 1.085p, far from it, and since the placing will raise 10m in hugely difficult markets you can expect absolutely massive dilution. Add in the issue of shares to raise 30m, as agreed with the glorified garden shed manufacturer, at probably the same price as the placing and what will the total dilution be? Do your own guessing but I would say number of shares in issue will go up 25 fold or more. In other words my thankfully small share in this company will be a twenty fifth of what it was.
I searched the RNS for, and failed to find, any reassurance that the 'new' shares would be a different class to those in issue already. They will therefore carry the same rights. If that is the case then how are any (unlikely though it is imo) litigation proceeds going to be ring fenced for the benefit of only the current shareholders? Simple answer, it won't be. So any litigation proceeds we were expecting is also reduced to a twenty fifth (or whatever the figure proves to be).
If anyone here expects to come out of this with anything more than the enough cash to buy an out of date packet if salt and vinegar crisps from their local Coop then they are likely to be sorely disappointed. These shares are as worthless in the same wat as SXX, Carillion, POG, Patisserie Valerie, probably Cineworld etc

Foz
China threatening Taiwan, Russia stealing and forcing votes on sovereign territories, further right govt in Sweden now joined by Italy (Mussolini ex party)….
Thank goodness we have a pair of sensible caring. financially educated and astute new PM and chancellor here in the UK!!

Dj
Think you meant a 0.75% increase and not 75% too!