Member Info for LWHL

At this stage, only industry partners (and up front cash) will do. GLA.

Just for you, going forward, I will use that noun :)

OK fair enough, just thought it was easier to type what I did, rather than the full outline of the 'battery stuff' :)

It probably is not, Xenor! Not on AIM, anyway (and before we revisit that topic, no, we do not need to leave AIM for the main market yet).

IMO we will see some buying in the 11's that I mentioned last Friday I expected this week to bring.

Don't try to fight the tide. Just try to buy low and sell high :)

Simple lack of buying pressure, I guess.

Am surprised anyone is selling at this level, all things considered, as I would have thought those who wanted out would have done so by now.

But this one has a life of its own, so could easily finish around 400p today on nothing, as it could retreat back to the 370's on the same void :)

Initially I was only here for Songwe. Then my interest in the battery stuff somewhat changed my outlook, especially as the company IMO seems to be doing a good job of progressing that particular area of the business.

In fact, if it were not for the battery stuff, I would have taken the loss and moved on by now.

But getting Songwe over the line is still extremely important, for several reasons.

And IMO it will bring fresh investment if the deal is good, so that will, I think, reduce the likelihood of a short term spike on news, as selling traders will see their shares absorbed by those who will invest on clearly outlined news - but not before.

Unlike some of their spending, I think that particular investment will pay off.

A lot of people will tune in to see NF. Both those who love, and those who hate him.

We just have to hope he lasts a long time in the show to maximise the return on that cost.

Sure, from 8.25p. I am referring to a proper number. 16p for starters.

All well and good...but IMO the market will not re-rate us until the deal gets signed.

The trust, understandably, is not fully there yet. But as I said the other day, I do not see this going deep into December, maybe week two of December at the latest, so not long to wait.

And as long as it is a deal that is satisfactory to us, not just the Malawians, then hopefully, at long, long last, patience here will have proved justified. GLA.

I will believe it when I see it, in black and white, in an RNS.

Until then, my view of the local politicians and my degree of trust in them, remains unchanged.

Their populace has needed this badly for a long time now. Their economic situation is getting worse by the day. The geopolitical stakes also continue to rise.

But at least we will know within three or four weeks at most now IMO, one way or the other. GLA.

Asos is only a trade for me, so no rose-tinted glasses here, and I take your point about the level of shorts, too.

But the level of buying by the main holders here, even after the most recent update...while nothing is certain of course, makes this a very interesting play IMO.

As to those US names you mention, especially Nvidia, well, at some point fundamentals will start to apply to those outfits.

I agree they are unlikely to go bust anytime soon, but if you only just bought into those ones recently, rather than say 12 months ago or so, then IMO you might find that you would have been better to have waited a bit longer.

The ETF cash inflows that mostly go into the big names across the Pond, creating these huge distortions, sooner or later will reduce. And not necessarily that slowly or gradually either, when the worm turns, IMO.

But who knows? As the current valuations of those stocks prove, the markets can stay irrational far longer than most people can stay solvent.

But as you also say, we all need to do what makes us comfortable at the end of the day.

So you sound like you made the right decision for you, which is all that matters.

Good weekend all and let's see what next week brings...

I feel similarly, wyndrum. Said pretty much the same thing a few months back, if memory serves correct. Also in relation to IM, when some said it would lose the court ruling, pre-verdict.

Questions will of course remain until we have that clarity, but given the macro and geopolitical stuff...that is probably the main reason I remain long here. But time will tell etc. GLA.

Certainly not! As I commented on a different board the other day, laws already exist to deal with dodgy boiler room activities. Police them properly, which many feel is currently not happening.

The action of shorting in itself is not the problem. It serves many positive purposes, including generating revenue for the public purse, market liquidity, and shines a light sometimes on outfits that the mainstream have failed to spot issues with.

As I have also said many times, the solution to all problems is less government, not more!

13.02p is the current 50 DMA. It will be good if we can hold above that level.

If not, we could return to the high 11's next week. Maybe low 11's. Still very much range-bound IMO, nothing more sinister than that.

Of course, any new updates will render the technical stuff irrelevant.

And TA does not always play out anyway of course, otherwise everyone who trades on TA alone would win 100% of the time. Spoiler alert: they don't :)

Yes, I am getting tempted too. But 58p ish would probably be the price that would lead me to put my hand in the cookie jar. Which may not happen of course. GLA.

Yes, it is clearly a binary play.

And if a deal/deals are reached, then why the need for a raise?

We need to secure upfront and staged payments as part of any deal IMO, or it is going to be a hard sell to shareholders.

The part where Iain mentions the need for shareholder support is why the SP has not rocketed on the last update, which I agree is tentatively positive.

Happy to have expectations managed of course, but either we have something of commercial value or we do not.

And the time is fast approaching where we will know the answer to this question. GLA.

It is the previous BOD who must bare the most responsibility for providing such a dreadful result to shareholders.

All that said, I had hoped Iain would have secured at least one deal by now.

The time is now approaching where his own reputation and credibility is going to come under scrutiny I think.

He has been in post for long enough now to secure something that will encourage remaining shareholders to continue to support the operation IMO.

Such as a raise at a decent premium to the price today - with all BOD members participating heavily from their own pockets - or a sale, where we get something back, even if not made whole.

Which for any LTH's, will not be much comfort.

A bucket shop CLN deal for example, would simply tell me that this is probably just another AIM lifestyle outfit.

And I will then leave the stage for the pump and dump crews to then do what they do before the next raise - or suspension/lights out a few months, or however long, down the line from there.

But I have not given up on Iain yet, and I remain truly hopeful that he can pull a rabbit out of the hat. GLA.

I have taken a few more today. The shorts can buy this tranche back from me for around 4 quid :) GLA.

That actually sounds like quite an interesting concept, if we were to put ourselves in the position of the Treasury.

However, CFD's do not move a market like traditional buying and selling of shares can do, when done in sufficient volume, so gut feeling says this idea would not be a runner.

Interesting idea though, and I would be interested in the opinions of others.

Basically, yes. Let's hope Iain can win over some hearts and minds (and financial backing) at the presentation today.

Some more inside buying would be welcome too and IMO will increase the prospect of 'shareholder support' as alluded to in said RNS.

Still a death or glory prospect. I continue to hold at this point in time, but we all know the risks here. GLA.