Member Info for mrcautious

Has anyone else seen this
https://www.lsclithium.com/investor-centre/presentations-and-events/default.aspx
Brilliant new lithium play in Argentina - or so they tell us lots of the usual blurb about the upside which we have all heard 100 times before !

Dropped in to see the new crop of excuses as to why this is not doing well and every day is the same it seems - shorting, MM manipulation SS knows what he is doing etc etc but still in the toilet.
I would be happy with my money back and then to gradually exit from all of my AIM stocks forever !

I'm sure everyone will tell me if this is nonsense, but BCN and EMH are both looking to make and sell Litgium Carbonate or Lithium Hydroxide but it is very clear that the huge Chinese market likes/prefers direct ship ore. Could this be the reason that these shares and other Li producers are so sluggish to evolve ?

3.5p for me but I have to say that I think AIM shares are an almost hopeless proposition unless you want to trade day in day out. I have a basket of AIM shares dating back to 2013 and I have hardly made a bean out of any of them. This share seems to be in the cross hairs of some professional manipulators (BTW I dont think it is being shorted as is such a popular theory on this board). Like many of the other AIM shares I have held, they are pumped milked and cast aside till next time. This is not a good environment for any company to move forward.
I think AIM is a victim of its own light regulation success !

You dont need shorting on this share its naturally rubbish !!

I have to say it doesnt look great as it is clear that no-one in any way connected with this can be trusted a 1mm, there is a slim chance if the liquidators are only 75% corrupt that we may get something yet..

I never believed in the Lithium play at all this was just a vehicle to sex people up. But the Tantalum play should finally do the job for this share value wise.

So it seems GC is a poundland David Lenigas or vice versa !

Simple answer, if BCN gets fully funded it will soar taking all of the other preparation work into consideration, but its all based on if. I think BCN can easily get to £2 if funded in the next 6 months...
But I do emphasize the IF...

I agree, but as they were the only major shareholder they can do what they like on an otherwise PI held share unless by some miracle all of us PI's chose to do a class action which they know is impractical and almost impossible. So in summary you can do something illegal in plain sight and no-one will come after you.

I would very much like to see a successful legal challenge to a Chinese company operating in Africa - pigs and aviation ?!

Very true, and when Hudson get control of the mining licence from BZM we will see just how corrupt the Guinean government are.
I was in Afren some years ago and it went POP as most people know blatantly due to board corruption and incompetence, but as far as I'm aware no-one has ever been held to book on this. This is the reality in investing in African things and I will not knowingly do it again.

The reality is why would anyone you dont know offer you sound investment advice (why would they) without a vested interest in getting other people involved with an investment they want pumped up. The will never be a 'kindness of their heart' twitter poster that will make anyone any money, and if they do it will just be luck !
Investment decisions can only come from your own head or a family member who is in the know..

I would almost say I would welcome this, the only thing is where would KDNC get the funds ?

No CEO vested interest is usually a Red flag on AIM...

It will be interesting to see how Hudson or their parent get their hands on the resource, this sure looks like a sidestep move aided by the 'loosness' of the Guinean government..I will bet money that in 12 months time or less the Chinese will have their hands on this resource, this is how they do business, there is no such thing as help me and i will see you okay in the Chinese business manual !

Fingers crossed for any news like this here.

It was Blackrock who sold...

Okay Blackrock have played it safe and sold down a chunk of their holding.
But looking at the company in general and the AGM RNS statement, this should be very attractive to those who missed out on the Chilean investments.
In fact the only possible negative I can see is that there is not going to be a shortage of Lithium, which I doubt but have no way of proving.

Why is webcast still under review ??? This is a bit insidious, to be honest I did not have chance to see it as I had other things to attend to, but I would like to see it as a shareholder but it seems to have been marked classified {like in those cold war days) -- they are obviously smarting I would guess..