Member Info for mrcautious

Whatever but the bid seems to have been bouncing around 22p give or take for ages like a rubber ball...

@Ibyb - " If they take this private they lose out just like the rest of us." ---- Not necessarily at all ! If they drive the price down to a very low level and take it private then, will this not mean they acquire a valuable company at a cheap price ?

Scott - my god you have a low boredom threshold and admit you have only been here for weeks, you need to be a bit less arrogant in understanding the frustration of people who have been here many years. I am glad this has turned the corner but am not interested in clever dick traders who have just bounced in !

Lookin that way, all the time HL were showing a Bid at 15 I could actually sell at over 16....

CBax - I am a VLTH in this and have been very upset in the past, but now I think any new entrant is going to do well....

In fact you could say the price is set in clay !
Its only the software on HL which seems to get confused on the moving spread that gives any illusion of movement....

69 - I think this post frames the situation very well.. Its always been tons of waffle to keep people on the hook and a constant litany of 'nearly there' excuses. I am not an oilfield expert, but my 90 year old mum could figure out it doesnt takes all these years to construct an oil well(s).
A lot of people thought they knew it all on this share but the fact is that the CEO of this has an agenda we cannot start to understand and he certainly doesnt lose sleep about why there is no shareholder value....

BIDS has already spiked ??

I think in the past Lithium Clay recovery has been slightly bad-mouthed in investor press for no good reason. This has now been proved wrong and they are moving on....

An exerpt from a seeking Alpha report :-
"Bacanora Lithium owns the Sonora Lithium clay project in Mexico. Sonora is regarded as one of the world’s larger known clay lithium deposits. The company has a 100% interest in the La Ventana concession and a 70% interest in Mexilit and Megalit."

uncleal - it seems you have a masters degree in 'The Bleedin Obvious' !!

But this is a Clay deposit ???

Good - the price has only just got back to my cheapest purchases of this share !

Nice and cheap ? Welsh development agency grants ? --- Anyway whats wrong with Wales ?

Teignmouth and Exemouth -- trouble is at Exemouth there are so many Mackerel it can be hard to get down to the Bass !

Same here..I am in some other AIM shares where I am a high price LTH so I sympathise as I am in the same boat on another share - ie 3x underwater.

Yeah I've been doing quite a bit of fishing myself lately - plenty of Bass around...

What you may be true when the share price was 170p+ but at current levels and with the current fundamentals it is a bargain buy...Okay I sympathise with LTH's who hold above £1 but this is the reality now for Capita, it wont stay around 30p for much longer once the II's get back from holidays...

I have 3 things to say about Capita today - Oversold, Oversold and Oversold !!

Finally the market has started to take this seriously.. In all the years I have been in this I have never seen it behave in such a stable manner before the last 3 or 4 trading days...