Member Info for mrcautious

Yes-agree we need some insight as to WTF is going on....

Lithium is not too hot at the moment but the Tantalum is, I only ever thought this would be a Tantalum play...

Lets not forget EUA got to a low level and is dropping back after the spike of yesterday so I wouldnt lust over it myself, unless you want to go 100% day trader..

No wonder Trump wants to keep them at arms length ! They are at war with the west but not with bullets, bombs and missiles but with sheer financial manoeuvring.

I have to say I have first hand experience of how the Chinese do things coming from the telecoms hardware industry. They priced us out of the market causing 2 or 3 Major global vendors to more or less cease to exist.

Whats going on here ? We have gained more or less what we lost yesterday and some sizeable round-figures buy trades - more massaging of the share while news is awaited ??

There is also the election to consider - think what it would do to the NE if either party chose to make an offer to support SXX especially the tories who are more likely to win and have poorer support in this area.

Thats as may be but dont forget that 2 years ago the share price was more than 3 x what it is now ! The truth AIM doesnt want you to know !

Chameleon - Hold on a minute your theory doesnt hold water. If ganfeng buy more shares in the company they would have to pay a price relative to the main share price. Okay as uts going now might be a good time, but if they bid for the whole company this would force a shareholder vote surely ? Also I cant see how you automatically assume there will be dilution ?
Unless you are saying Ganfeng will take control and dilute to finish the funding ?
I bought 6600 yesterday and re-sold this morning at a slight loss because I am not confident in the share price building.
Ans as for people talking about it being a short term blip but those in it for the long term will be okay -- I have been here for over 5 years so how long term do they mean ? Or is it a case of "please dont get off the merrygoround"...

Good analogy CASP is very like Brexit -- wish I'd thought of this..

Possibly and no word from the management as to the share price slide ?

I'm in the same boat really EMH KDNC and here -- the words Saudi Arabia of Lithium still ringing in my ears ! None of these Lithium investments is working out even PREM (which I have never been in) is dropping right back from a recent spike and is at a very low level to where it was in 2017. There is a punter on KDNC that claims to have lost £370K and another at £150K --- AIM shares are a serious drain on PI's it seems and I have learnt to my cost the following :-
Dont buy and hold (like you would with a normal decent share)
Always take profits --- EMH has taught me this more than anything else..

Please explain the mechanics of this ? Have the chinese gathered enough shares to keep selling and forcing this down >

Thanks Roger couldn't have put it better..No end of day trades or end of day recovery WTF is going on here ?????????????

It would be more useful if you could find out by BCN is hitting the skids because no one else has got any theories..

If anyone has got L2 they may know ?

To be honest unless there is something else none of us know about they'd be stupid not to !

BCN has further strengthened the case for no more AIM investing -- so well done BCN board !!

I think this is about right, I cant see how they are going to get back to 'real' shareholder value without one of the following :-
1) Sellout (at a decentish price)
2) Another placing
3) Miracle financing from someone
4) JV with someone
5) Giles putting his own cash into the pipeline project

I think they have got the usual CASP bullshine problems which I won't list as everyone knows them so well..