Member Info for Matthew125

Pretty good timing there Strangerstill! I didn't sell any, even at $5 FXPO seems underpriced to me but I agree that this is going to be a good time to add or build a position. The weakness in iron ore prices won't last forever and FXPO is now a soild company.

Aura Energy concludes uranium offtake for Tiris >>Feb 2, 2019<<

Not sure on the relevence of this link, it is a bit old.

Just researching this company and wondered if anyone had any views on this?

@fre yeah, I was speaking to someone today who just hit breakeven today and was thinking of selling! I'm up 200-300% depending on the spread is tomorrow.

Thanks for the information. My first dividend was 2020, so how I understand it works, it would be best for me to put the forms in Jan 2022 and then claim for 2020 and 2021 together.

@Hunter
You say these forms look pretty self explanatory but there are 3 forms 86/86a/86b? (ok, form 86a looks like is it only for fund managers!) None of this is looking straight forward to me? 3 copies need to the send to the UK tax office then the claimant wlll subsequently send the first 2 copies to Berne! I'm lost at how this procedure is supposed to work?

Haha. Indeed. I am just interested if they are manufacturing anything at the moment! Lots of job adverts, very little on what these people are actually doing. I still think that this stock could go parabolic if some of the speculative numbers are comfirmed.

Every time it goes up a bit it get sold back down.

A 5-6p bid would suit me just fine now. Did an average down in the raise and now just hoping that the price doesn't fall too much below the 3p mark!

BCN is the only lithium share I own as I considered it the best desposit and the cheapest! Clearly I should have spread the risk with a couple of other companies in the PF, but when comparing the price offered here to the price action of other lit deposits it is shocking that the bid has even gotten this far. It is so undervalued. If Ganfeng get it for this they are getting it pennies on the pound. Very disappointing.

So, a place marker for my allocated shares has dropped into my account. I just need to decide whether I'm going to take them up on it or not!

What are everyones thoughts on taking up their allocations? Or, perhaps some are planning to buy more!

@ 4Corners - They would only offer 5p (maybe less) now!

@Bob You really know nothing about this asset.

@mrcautious I have similiar musing. Given the level and timing of the raise and the causes for Ganfeng to maintain their stake, it really does look suspicious. I don't know if any golden handshake rules have been broken here but the regulators should take a look at this deal.

Looking forward to reading the Telegraph tomorrow!

I agree. This share could range between 35 and 85p! and that is just it the next couple of month!

Longer term (i.e. 2-3 years) this company should savely hit 200p but I expect higher. So, take the offer and move on? Only if you know something which will give you a higher return and has lower risk! And if you do, please let me know! ;)

@Dave you know it doesn't work like that ;)

Just topped up..... actually I tripled my holdings.

@ PaulFG - Agree, been here since 4.5p but have been building my position since and have started scaling into CMET. Both good prospects.

@ Jimbob - Yes, I think it is something like 6 months.