Member Info for JREWINGJNR

Good timing, in line with Zinnwalds operational milestones. Not exactly next to each other though, 650km as the crow flys.

The share price keeps drifting lower though. We need a constant stream of good news in 2024 or I fear for the SP. Shame, I think this is an exciting project with huge potential. Unfortunately not enough interest currently. I’d be interested to know what our institutional investors are thinking right now?

Exemplar Stakeholder management is a fundamental requirement to be able to successfully deliver a project of this magnitude. Delivering on key milestones is also a fundamental requirement for success. EMH has universally failed to achieve these requirements and the recent months/todays share price capitulation is a consequence of those failings. As RI we are toothless to mitigate these shortcomings other than to vote with our feet. GLA

The problem is that small retail investors are likely to keep liquidating for the next few months and this will drive the share price down further. Share prices can, and today is a good example, fall from their own weight. Maybe fill your boots in few more months......

Disappointing RNS this morning. I was hopeful that an updated MRE in Q4 would create some renewed interest in this project. There is a lot to be said about doing what you say you’re going to do. Let see how the market reacts but sadly this has been drifting down for some time now.

Kiss of death @johnpwh.

Thanks for your analysis and valuable input Leon66. You may very well be correct in your conclusions. Let’s be fair, this is a mining project in early development with a high risk profile and not for the faint hearted. After diligently forming your conclusions I’m guessing you can’t wait to move on to your next investment opportunity. Best of luck with your future endeavours.

99 pennies in the pound

Https://www.tamesispartners.com/research-portal?#/portal/tamesis-partners

Thamesis are predicting a substantial increase in resource from c40Mt to +200Mt.

This project has developed quite a bit since Erris Resources, Mike. Shares are readily tradable on the open market. I’m a big fan of German Lithium so I’ve got a few shares but last I heard both Tony Hedges and Ron Benson were substantial holders .

Some strange price action in the last 24 hours. I cannot buy any stock but, for the first time ever, I’ve been able to get an instant quote for my entire holding. Maybe it’s a glitch in the matrix……

Https://www.zinnwaldlithium.com/investors/

Nice to see some intriguing, detailed, informative insights on this post today. Loving the comedy overly positive opinions (Buy buy - scoop it up, A nice double your money option…Good upside from this level, This has to be a real bargain at this level.Great chance it could be bought out). Bizarre but entertaining.

However, what planet is bsg4 on?? ‘So decades away if ever’. If you truly believe this and are therefore not invested here, it’s probably not worth sharing your opinion. Surely your time would be better spent on analysing something you are invested in . AIMOHO obviously.

@johnpwh, why are you invested here? Do you like rollercoaster rides? Your analysis seems to suggest that this project is either not going to happen or any ROI is going to take an inordinate amount of time to realise.

Trelawny. I've got a conspiracy theorist answer to your small trade value query. Its not my theory but I've read that it is a method that market makers use to communicate to each other about the supply and demand levels for a stock. A code that once deciphered gives them information on volume and potential price action.

For example, 66 could represent that a large buyer is on the periphery about to buy a large quantity of stock and the market maker signalling will need some support from other market makers in order to make the trade. Alternatively, 66 could represent a large seller etc, etc, etc

At the start of 2022 the SP had already fallen into a SP14.93-SP20.15 range from its all time high of SP28.50 in Aug 2021. Following the Dec'21 SP15.5 Placing, the Bacanora Lithium share distribution and the reduction in holdings by institutional investors the SP dropped into a range of between SP6.55 and SP11.73 from May'22 until it broke out above its Weekly EMA200 and its Fib 23.6% Resistance Level of SP11.73 in Apr'23. From a TA perspective the right time to buy would have been at c.SP12 in Apr'23. I can't tell you when you will be back in profit but I can give you some price targets to look out for.

These are the Fib Retracement levels that form support/resistance for the SP:

SP6.55

SP11.73

SP14.95

SP17.52 (50%)

SP20.11 (61.8%)

SP23.32

SP28.50

SP34.47

SP42.06

The key area for the SP to break resistance is through the Fib 50% and 61.8% range and then we have a better chance of challenging the Aug'21 all time high of SP28.5. The when really does rely on the buying volume and since Feb'23 the volume (buying & selling) has been constantly above its 20 Week average. So look out for these price levels and keep an eye on the volumes.

This is just my TA but I'm actually invested here because I think Lithium in Germany in a decarbonising world is a great investment opportunity and Zinnwald is the company/project I've decided to back. The fact the TA is tentatively started to back this up is a bonus.

I gathered you were a TA sceptic but a very interesting and easy reading book that I would recommend on the subject is Stan Weinstein's Secrets for Profit in Bull and Bear Markets.

We had a 52 Week Low on 07/Feb/23 of SP6.55 and a 52 Week High of SP13.95 on 17/Apr/23. That's a 113% price increase. The Daily Chart Golden Cross (EMA50/EMA200) was SP10.22 on 27/Apr/23 and probably represents a lagging indicator of that price move. A 100% plus, price increase over a couple of months is obviously very bullish after a prolonged period of price deterioration. This overall price divergence from falling to rising has probably been driven by the change in fundamentals from old institutional investors selling to new institutional investors buying. So, its still developing sairfecht. Would you like me to look into my crystal ball and give you some future predictions?

Agreed D171, long term on fundamentals which is why I’m invested here but short term we could see a Golden Cross (Daily Chart) tomorrow, so the TA is starting to support the fundamentals. Let’s see how this develops…….

I think what you are saying Fozdog is that any European Lithium Project that gets of the ground and into production will end up being a 'gold mine'!

Good effort day trading on a 5-7% spread.

Why don’t you cash out at £7k and then buy back when the share price drops again?