The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
I have full confidence in the BoD to do the right thing. Given that the SP is essentially decided on by MM's it seems futile for them to waste time trying to fight it, or even comment on it. The best way to improve sentiment is for them to concentrate on the business and let the results speak for themselves. The SP will eventually follow. A move off AIM would be good.
Others will explain the chemistry far better than me but Lithium doesn't like the cold or the hot. Ever been skiing and got your phone or gopro out at the top of the run and that fully charged battery has mysteriously gone flat?
It's also worth bearing in mind that when we emerge into a post CV-19 world there will be a bloodbath in sectors like aviation, leisure, retail, you name it. Where would you want to be invested? However bad things get when the music stops, BMN investors have the comfort that they are invested in a massive mineral asset which is not going to disappear.
There seem to be dark forces at work determined to keep the SP down. Is it feasible that someone might be planning a takeover bid? i.e. sacrifice some shares to keep the SP suppressed in the expectation that PI's will bite their hand off at an offer of 50p?
@faramog you are of course correct, I suppose the point that I am trying to illustrate is that it demonstrates the complete dysfunction of AIM that such a low value is put on the company . I remember as a student being told that stock markets are perfect markets that knew everything and priced everything in. It is evidently far from the case.