Member Info for JustForFun

... anyone else having any trouble today?

Agree... managed to buy £2k at 10.4... helped me average down a little.

Yep...back then I (REM) had 3 million shares (equiv) worth about £45k from memory... I was green and excited so I held and it all went t#ts up from there. But 2025 was always the exit window... if you think about all of the targets/regulations that are geared to 2030 (& if Trump stays out of the WH) we are on the path to a global low carbon economy with battery storage (lithium) being integral to making that happen. KDNC, BCN, EMH will all play their part. Why am I confident?

As an 18 year old in 1990 I was inspired by the Rio conference (yeah I know)
1994 graduated with a degree in environmental policy & sustainability
1997/8 worked on uk quango and Gvmnt programmes to promote EV and renewables (too soon)
1999 to 2007 acted as an environmental communications consultant for business and charities
2006 - still had not made any proper money. Owned a house with small mortgage.
2007 - sold everything as I had a hunch about sub prime (travelled Europe for 2 years in a caravan)
2010 - came back to the uk ( sold high, bought back in low) - got a job in the wine trade
2011/12 - invested in REM (Kdnc), EMH, CAP-X, AGM and VAST - avoided the brands (E.g. Tesla & Apple) but focused on the materials the brands would depend upon for long term success.

It’s not worked yet. All long holds...today I’m £5k under...but things are starting to move.

Apologies if I’m over sharing but I read this board daily (Torchy attracted me here (REM) way back for Greenland) and, while we all have different motives for investing & posting, I hope that we all make a sh*t load of money in the not too distant future.

Good luck all.

I came here (REM) for Greenland, stayed for Sonora, stayed longer for EMH (I also have a modest investment in EMH & that’s all seems to be coming together) and now I’m waiting for Amapa - 2025 exit.

Hoping for £1.50 (I know it’s not a plan) by April... but this is a long hold for me.

My thoughts exactly Mr.James. Bought into REM way back for Greenland. Staying in for BCN & EMH potential in 2022-25. It’s a punt.

Agree: REM / KDNC has always been a long term punt. Could have walked away with a tidy profit a few years back but opted to top slice & wait for the BIG payday. My average is £0.005 - can’t do nothing but sit & wait for the love to come back. Maybe we’ll all be smiling in 2022?

... this over the next 3-5 years. I promise you I’m not Li-on. ‘Taxi’

I worry about my maths or Hannam's:

.87p would be a 335% increase from our current position of .2p would it not?

Short article...

Falling Chinese electric car production wrenches lithium price

''Ex-works prices in China for battery-grade lithium carbonate are down more than 26% since the start of the year to $18,250 a tonne (mid-price) in June.

In contrast FOB export prices from lithium brine operations in Chile and Argentina have been steadily rising since 2016 when prices were stuck below $5,000 a tonne and now trade near par to technical-grade material in China at just below $16,000.

“Such a sustained rise, especially for a specialty commodity, is rare... cannot have all this activity without a supply response.”

“The world’s automakers no longer worry about lithium. Supply is secure out to the mid-2020s,”

Solid state batteries – still five to seven years away from commercial deployment...safer, 70% more energy dense than lithium-ion and can be shaped. Solid state batteries require around 20% more lithium... there will be no price crash."

http://www.mining.com/falling-chinese-electric-car-production-wrenches-lithium-price/

01 AUG 2018

...is trying to secure a 10-year supply of cobalt and lithium for EV batteries ''The aim is to secure the supply all the way down to the level of the mine, for 10 years. The contracts are ready to be signed'' Markus Duesmann, BMW's head of supply chain https://electrek.co/2018/02/12/bmw-battery-electric-car-supply-cobalt-lithium/