Member Info for LunaNera

But if retreats to 100 that is a 9% return over the year and if below, time to top up so every cloud as they say.
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Guess why I am not happy for this one to trade higher?

My focus is on their progress with their exploration projects. In a year's time we should know whether they want to dig themselves or a partnership/license of sorts.

There has to be another driver than Rh price to make it a sound investment.

My position is that electric cars actually make the problem worse.

They have a substantial carbon footprint (lithium and cobalt mining) and they only make sense when the electricity they use is made from renewables (which in most cases, it isn't).

Unless we are (hopefully) progressing with nuclear fusion becoming a reality, the best--and feasible--avenue is to increase the load on catalytic converters and industry filters.

There is no chance that we have a feasible infrastructure and and economy adapted to the new paradigm by the target date.

People are already less interested in EVs. Even for fuel-cell cars, it is important that the energy used for those is made from renewables as well (which nowadays it isn't).

So, will everyone stop driving trucks, trains, airplanes by 2030? No. But the taxation will increase, rest assured.

Just like THG is (and won't) be another AMZN, I don't think KOD will turn out be another SLP.

I am wary of companies trading this long and sporting a lousy balance sheet.

Looks like a money-burner to me

For completeness-sake. Here is the recording

https://www.investormeetcompany.com/investor/meeting/investor-presentation-235

Hi fft100

Markets are not always efficent (surprise, surprise....). If someone needs money, holds a reasonable large chunk in SLP and dumps it all on the market in a single tranche (a few days ago someone sold a 150k tranche), then the price drops.

Supply and demand.

You can watch the recording later on...

It pays to be kind to people when on the way up, because one might be meeting them again on the way down.

You guessed it: I grew up in the mountains ;)

I am happy for ppl selling their stake to us when below intrinsic value.

I actually wish more would do so.

There's always hope.

3p special divi in April? (amongst other good news)

Yes please!

And so the legit money-printing operation continues.

So a 10% fall over 5 days causes some holders to post that they’ve panic-sold.
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And that's why the "tree is shaken" periodically. ;). It works.

Why one would sell a stake in a legit money-printing operation is beyond me. And it's not that there aren't reasonable prospects of expansion either.

I applaud the board for not following a (dangerous) growth at all costs strategy and conduct their venture into new exploration projects with the necessary caution and preparation. It's a substantial comittment.

Hi Velo

I don't see his input as bearis pe se.

I do appreciate critical thinking, it's essential!

Some system only allow these links when referred from the main page. One can navigate manually though.

Presentations / 2023 / 121 Investor Conference Presentation

Why was summer 21 a fiasco? I was rubbing my hands once the price droped below 90p.

This is still and intact business with some interesting growth potential. According to Jacco an open cast mining project would double the output (see last eaenings call). He gave a 3-5 year time horizon, although that's not an assurance in itself.

I would not rub my hands when I would think that their business is broken. Only then would I sell.

"Luddite app"
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Hahahaha, nice one :) Love it.

Cheers

I am cheap and with iWeb. The interface is horrendous though (I don't mind). On the upside, it was never 'improved' in decades xD

And why are you hoping for a push upwards on price? So that you can find a bigger fool to take the shares off you than the price you paid for?

I am looking for returns and it takes me years to build a position. Ideally, I'd like to bag the returns at the lowest possible cost. A Jump in prices is highly undesirable from my point of view.

So I'm routing for prices to dive. "It's a terrible stock. The divi is only 8p a share and the CAGR is only in double digit range. SELL SELL SELL. Buy Bitcoin and Tesla instead."

Ask not about the share-price. Ask about future returns instead.

I have always invested heavily in situations where the returns grow in hansome double-digit figures and the price lagging significantly behid.

Eventually it will snap to where it should be. In the meantime one can take advantage of the low prices.

I hope not. I hope it remains undervalued for as long as I am on the buy side.

Oh, i certainly took it in September and will certainly take it again in December (if this presents itself again) since I have a new, sizeable tranche, allocated to invest.

Who doesn't like a bargain?

Dear share price. Pls pls pls drop after the divi payout.

Yours truly,

Luna

*Yawn*