Member Info for m_wall

This is an interesting share, but ones like this do seem to rise on anticipation, and then slump when reality dawns. A bit like Corbyn's Labour.

It is ironic that a lot of politicians, especially from the US, are involved in some dubious 'dealings' with non-western countries (using their progeny ). They seem to get away with it though.

Institutional investors account for 2/3rds of the market. Retail investors have to suck up big falls, but the hedge funds, pension funds, Mutuals, etc, get to 'sue' when events go against them. So much for 'the values of shares can go up as well as down.' A big problem these days is index funds -- they are distorting markets.

Lol, of course. When you're operating in all those countries, you do what you have to do. Human nature is what it is...unfortunately.

What price are you hoping to get back into it?

Maybe it will work in the UK's favour. At a quick glance, it should cushion the blow a bit when the next banking crunch comes and all those contagion effects occur...you know, 2009 and all that. However, looking at the staff numbers going to other countries, they are not that substantial. My main fear for the UK is the Eurobonds market, which London dominates and will mean significant fall-out once the EUs banking system and the Eurozone gets into trouble again during the next decade.

There's no doubt there is going to be massive creative destruction to the car industry in the coming decade, especially to the component suppliers. It explains the downturn in the business cycle, as the auto market is a big component of global trade. The future is definitely electric though -- for cars at least. It's just not show time yet. Hence these current SPs and the MMs having fun with them.

Asia will represent future growth in the years ahead, so today's news is in the interests of the company. I'm amazed they were thinking of selling out.

Sure, but you've also got to add into the mix that the US (and West) is making sure it has exclusive access to prime lithium resources, meaning Chile and Bolivia, and to a lesser extent Argentina and Mexico. And Mexico is in the USA's backyard...

The western 'grand chessboard' for resources, which I thought was on the wane, is also at play here.

It's the Labour Left's last hurrah. You don't expect sanity and acting rationally, do you? Even if people were daft enough to elect them, it would only be in a coalition government as they'd fall short of an absolute majority, and most of these pie-in-the-sky spending plans would probably end up in the cr@pper. Even if they did implement them and borrowed through their noses, the markets would act, bond yields would rise and you'd have another election pretty fast.

If Labour ever implemented their spending plans in a hypothetical Labour coalition government, then bond yields, and by extension, interest rates, would go off the scale, and the Labour coalition government would fall. That's why all this talk about investing gazillions in public spending from Labour in a load of hogwash, and the markets -- sort of -- know it.

Put your rational hats on. Ask yourselves: Can you afford to lose what you have got left? Also, look at the current state of the world economy, and the lack of liquidity and taking risks, which Fraser is touching on. Governments are essentially bankrupt if rates/bond yields rise. They have been kept on life support since the 2008/09 financial crisis. Our government ain't coming to the rescue. Look at the only pro: a big miner making a lowball offer.

The future is electric and lithium...for a while anyway. Liquid Hydrogen is only relevant if you want to leave earth orbit in the current era.

Possibly. In this coming era, tangible assets -- even if they're in the ground -- may trump currencies, hence why getting into hard assets makes sense in this era.

Makes no difference. The banking sector in the EU is littered with zombie companies with non- performing loans (loans go on the asset side of the balance sheet). When the crunch hits there, it will have possible contagion effects because the banking sector worldwide is so interconnected, but especially in the Eurozone. Brexit is the least of our worries. The banking system in the Eurozone should be the main concern.

I've been here since the 2.5p days, which is quite some time, and sold half of my holding before the court decision earlier this year. What we're seeing is country risk, and in this era, that applies to quite a few continents of the world. I really don't know what's going to happen next globally, but I should imagine the 2020s will be volatile and more upside-down.

Solg has got a great resource. Pity it wasn't in the northern hemisphere.

When you're trying to understand the country of China and the thought processes behind their actions, understand that the Communist Party is 'seen' as more important than family itself and they indoctrinate people to think that it's the Communist Party that give people/companies their 'riches.' It's a far cry from the way we think in the west. Sure, there are loads of Chinese who don't buy that message privately, but publicly, they have no choice.

My average is 0.45p. Bought half when they were under 0.2p many moons ago. Never dreamt the SP would be heading in that direction again. Pain in the proverbials. Sign of the times I guess. Let's hope 2020 sees a turnaround in the company's fortunes.

Heap leaching may appear a relatively simple technology, but it's a pretty sophisticated process according to the people I have spoken to. Hopefully the engineers and specialists will get better results in due course.

Unless there's news otherwise, it's just longs exiting with profits from the sub 20p days, due to the usual tumult of human emotions and uncertainty and some thinking they can get in cheaper. It's what happens in situations like this. Chinese companies and people have to get approval to move capital out of the country -- its why Bitcoin went to stratospheric highs, because most of that rise was Chinese people getting their money out of the Chinese system.