Member Info for Matthew125

@johnpwh side question, how is your knowledge on withholding tax! I also hold FXPO and I can't even open the stupid tax forms from the Swiss tax authorities! They have withholding of 35% on dividends (still been getting 8.3%, what a stock!) but there should be a way to claim 7/11-ths back? Filling in 3 form (which I can't open) sending to 3 different places., etc...!? Any advice on where to get help on this? I've not had much luck on the several searches over the last few month that I have attemped on this subject! Held since Oct 2019 so tax has build up to a reasonable amount on this one, I suppose I will need to find a FA or accountant with the right tax knowledge to help.

Interesting tax debate, fortunately all my current BCN holdings are in my ISA wrapper, so capital gains or the income tax on dividends shouldn't be an issue! I remember a certain financial advisor telling me that I shouldn't have XYZ stock within an ISA. At the time it seemed that they thought that only dividend paying bluechips should be within it to make best use of the tax-free wrapper. I don't know how true that is now, I haven't spoken to a FA since then!

@r7632 I'm only jesting. I really have no idea if/when they might start playing out a diviend. But if this turns out to the cash cow it seems to be (obviously also largely dependent on lithium prices), a cash pile could start building up pretty quick.

@mr.james I'm in the same situation. Toyed with the idea of top slicing but think this is the safest AIM share currently out there and should get to production! I already am considering how much the first diviend might be come 2025! ;)

@Diversified. I believe the 51/49 split in LAC is in Ganfeng's favour.

In my eyes, this is actually the biggest risk to limiting future returns. Athough it is not impossible I think it remains unlikely. Ganfeng generally like to have a controlling position but leave the administration to someone else when investing in oversea territories. See their 51% stake in LAC.

Sentiment certainly seems to changing on this. I was expect another year of sub £1 but the way the price has moved in the pasted couple of months suggests that we may see +£1 once the funding and construction timetable is finallised. I've been in BCN since 2015 but invested very heavy in late 2018/early 2019 when we were hitting that 11.5p low! 180% up at the moment and the shares are fast appoarching 50% of my portfolio! I don' really want to sell any but I may need to rebalance my portfolio before to long!

https://www.youtube.com/watch?v=uPd7T5nN0I8 - 6.5p target here.

Hi Hypermarlin, I don't think you have missed the boat. Price rise was still on no real news and with the price now backing off it could prove to be a good time to start adding. My view is this is an easy 1 or 2 bagger and probably at least a 5 bagger for the more patient LTHs from this level!

Shouldn't that question be in KDNC chat? I am only invested in BCN, as I believe it is the best resourse. Understand that KDNC is still invested here too but I wanted a direct interest in the miner.

It went up on no news, I wouldn't worry to much about it going down on none! ;)

Stage 2 plan was for 35000tpa. Although, I believe that there could be scope to raise it, something that Ganfeng did with LAC's project.

Trading more of a range at the moment. For that statement to be correct, I would have see a break below current levels to see that downtread setup. Admit the price action looking pretty poor. Isn't Dec the month ODX are suppose to be fully ramped up and pumping out test kits for the world?

Next stop 320p!

https://www.youtube.com/watch?v=NlKJ5vgqZXs

60-62p is around the bottom of a channel the price fell out of. There is also a resistance area around 65-66p. If ODX has any legs we should be hoping for a weekly close above these levels!

....and watch this news bearly move the price! We need CK to come out with some hard numbers on what we are making from this. Seems that everyone is making test kits and none of the money is flowing to us.

Still, some trouble getting filled but managed to pick up 150k for 1.39. Happy to average down here if we get the chance.

I'm getting NT all the way down to 1200 shares! Trading costs add 25% :P Makes the spread look tiny! ;D

Only finished my reaseach on this company last night and was hoping to pick some up today. Looks like I will have to take a past on this one. Shame, 4p looks like an easy target price.

@silles I agree the fundamentals are still strong, I didn't buy ODX as a one trick COVID pony! Actually, this stock hasn't officially made anything from COVID yet and its largest revenue stream from food allergy tests was hit by this whole lockdown/pandemic thing! Would be nice if an RNS about a big order for test kits was announced though!

Probably not... https://www.youtube.com/watch?v=Zj8pZneRjXM