Member Info for leas

Wow, just read some of the comments on this bb. I personally would give up all my shares if I knew it would keep an innocent person alive in the Ukrain.
Hope your profit offsets some of your energy costs.
This is nit a good day.

5h1t show in the markets today. Tin hat time in more ways than one.

Sotolo
I think the lack of diversity and rising costs is the main reason. Any progress in production and rising prices is overshadowed by politics.
One careless remark can significantly reduce the MC as we saw last year. I think that concern, certainly for me prevents any investment. The fundamentals are clearly being ignored.

Whatever the motive full ask now being paid.

What’s with all these small volume O trades. Clearly algorithms but not A executed. Buyer or seller?
Seems like someone has an agenda here. Nit unusual but in a company with such a low MC.

You never know there maybe some ‘paper news’ over the weekend which should give us a lift. There may also be more technical analysis of the drill results before releasing the RNS. Would explain any delay.

Thanks Gig
You would have thought that update deserved a RNS. Confirming battery grade lithium affects the company valuation of it’s assets.

At the full ask as well. Hopefully the pattern will continue for the rest of the day and we get to 17.

Lex
I think if we get another RNS reporting increased holdings then I can see a very different trading pattern to the one we have at the moment.

Interesting Google search. Wikipedia lists them as ‘Buyout specialist’ You never know. :)

Why no notification at 3%? Be interesting if they continued to add to their current holding. 1% increments are supposed to be published now the threshold has been crossed.

bnz
That is the key factor imo why Li companies are not valued higher. Take VW for example, they have said that supply for manufacture of their vehicles will be resourced responsibly. Having little or no impact on the environment. So they have signed a deal with a Chinese company to supply materials for their EV batteries.
I read recently that China have a policy of relaxing environmental restraints in their own country if a resource is of critical in the development of their industry. This again imo is why China is leading the way.

Apologies to other LSE members as I know links and research is boring but it does give an insight into why unlocking our asset is not as easy as some think and why miners in this sector are not at a value that reflects their potential.

https://www.volkswagenag.com/en/news/stories/2020/03/lithium-mining-what-you-should-know-about-the-contentious-issue.html#

bnz

Been following this story for a couple of months. I did read that the decision by the Serbian government will be reviewed after the election.
Any reluctance to produce only adds pressure on the supply/demand concerns.
One thing I’m sure of, Rio will still seek to be a top 10 producer.

EV Bull
Not quite true. Been following the story for quite a while. Rio have conceded defeat for now after environmentalists put the Serbian government under pressure. However, they are now saying that they will a further announcement after the elections later in the year.
There is similar problems in South America, the so called’golden triangle’. There are environmental concerns over water and the impact of commercial mining of Li.
All this is adding to the supply v demand concerns and driving the price of Li higher. In China, they have a different approach. They ignore any environmental concerns f the mineral s of critical importance to China’s development.
In Europe Vulcan and Nobain are looking at securing supply locally to enable EV battery manufacture.

Twohits
I think private investors are selling into the news. Seems like everyone finds it easy to invest with their money but don't want to invest their time. We have seen the back of our 10% er's so 22p resistance should be easier to take out this time.
Why any investor here or in EMH want to sell at this level is beyond me but everyone has their own strategy of making money and all have different personal circumstances.
I have been looking at the MoU between Vulcan and Nobian (Frankfurt based) and see any development there having an influence on our share price as they look at supply available to them locally.

Twohits

As we know, the market is very fickle. Information does take time to be absorbed though and analysts will probably comment several days later.

Reading that Allkem in Aus are predicting a price increase of 80% for Li Carbonate in the first 6mths of this year. $20,000 a tonne. Mind blowing if it does. US car manufacturers announcing their commitment to building EV's adding further supply concerns.
Also noticed that Serbia have rolled back a little from their concerns over mining of Li. Now saying that they will make a decision post election. At $20,000 a tonne it won't stay in the ground for long.
What a great opportunity for the pi's willing to sit back. This sector, ZNWD or otherwise will be potentially life changing for some.

https://lithium-news.com/2022/01/19/allkem-sees-china-driving-lithium-demand/

Poker
Likewise, very tempting as I think production will be better than expected. I very rarely trade shares but this is a very good opportunity for anyone wanting a quick return.

I assume M&G PLC are new significant shareholders. Not a previous holding shown on the RNS. Have they been accumulating since the placing. Will be interesting if they will continue. Not many more shares to take them above the 4% threshold.

Poker
Absolutely. I thought the government had already recognised that. Ridiculous price but I suspect like me for now, many investors are not risking their cash based on loose tongues.
Complete madness. The country and its currency needs foreign investment. Idi Amin made the same mistake many years ago.