Member Info for mrcautious

Sounds almost too good to be true - I agree but sceptical it will become a reality as I have never seen anything come out of the city trading community that was honorable/ethical !

I thought I would turn into mrcautious after buying REM/KDNC on the hype some years ago now !

Oh and I forgot to say that it is impressive such a small share has such a solid II base, some of my other AIM junior miner shares are not touched with a bargepole by II's..

I take this as a positive provided PI's hold onto their shares in the face of extreme tree shakes and forced down prices which we have had. If an ii owns 10 million shares then they want to see some serious profit and have nothing to gain from a low share price than the ability to buy more. This is the case with another share I own ie BCN which too has very little free-float.
It has encouraged me to sit tight. I also hope it makes the share un-palateable to the 10% ers.

Conclusion : they dont really know but the world is poised to use a lot more Lithium...

Just popped in to see what rubbish is being spouted about this marvelous company and yep same old evangelist nonsense.
54000 barrels is a grease spot in oil industry terms it may keep the lights on. I sold at a loss and glad I did the more I see..

CTW - I would go further and say that on most nano cap share boards there is usually so evidence of professional traders using the board for their own ends. So poster on some of the boards I read are more than just innocent PI's it obvious.

This isnt great news for us in the short term - just watched this...

The placing was small and 6 weeks ago do you really think there is still an overhang ?

The swing troll traders are the smart ones I could see this was the only solution for this share which is why I sold out...More tankers to fund more drilling and then more dillution and then not much or any commercial production...

EMH will get a deal but I wouldnt hold you breath that it will be better than BCN's -- anyone likely to finance this will play very hard ball and anyway in the case of BCN its not that bad a deal as there is plenty of skin in the game for everyone..But it is clear that we will have to grease someones palm in the Babis administration or 'accomodate' Babis as someone else has said. If financing new mining projects was easy everyone would be doing it ! None of the Banks want to know it seems as after 2008 they only do stuff with 80% profit immediately !

Exactly my view also perry.
I also hold slightly less EMH than BCN but EMH is sadly mired in the politics of the corrupt leader of a former communist state. EMH could suddenly get the green light, but BCN is so much further down the road and also has the Zinwald factor which I had almost forgotten about.
To make an analogy, EMH is still taking driving lessons but BCN has passed its test and has funds to buy its first car !

Funky its hasnt been a great day ! Up only 10% on a super depressed share price on superb RNS -- so not a great day in my book.

Why arent the company themselves concerned about this ?

We did indeed have the pump -- now the dump back to 7 or 8p this is outrageous how can a market be manipulated in this way ?

My ave still has a very long way to go but suppose today is a start..

SOTRR - Think of an analogy, on my land in the winter we often get 20+ Pheasants mooching around on the grass less than 40M from the house because we are surrounded by organised shoots and pheasant breeders, I cant really bring myself to shoot them as they are sitting pheasants. However most PI's are just the same to pro-traders and MMs and they don't mind using any measures legal or otherwise to fleece them. AIM has had its day its just too corrupt with its so called "light touch regulation".

I have seen AIM shares where people (present company excluded) thought they had done so much research and knew so much and they still sent bang.. I think CASP will grind to a decent conclusion as will BCN but I have a couple of others that it is so hard to see ever getting back to greatness and one I sold the other day just to buy a few more of this share which was ridiculous frankly -- Clue---- a very very high profile UK junior oiler...

I agree it is all legal just done in a very calculated media savvy wideboy way. I think Lenigas has shot his bolt with UK investers really but I am sure he will find a new set of mugs elsewhere in the world, for schemes like gold mining in Milton Keynes or diamonds under west London where I'm sure he will be very convincing with some great buzz phrases.

Tanks SOTRR -- I guess there is Vanadium flow battery technology which is touted for static grid storage solutions though no-good for mobile applications. However, I am closing down my AIM investments once what I have has played to conclusion so no more NANO cap shares for me I'm afraid..