Member Info for neonred

Deep joy Totally agree with you. Perhaps some were expecting a profit from a mine that isn’t built. All on track. This is a major engineering and infrastructure project within reach of the financial centre of this country and not across the globe. Stg2 funding crucial for this year I don’t think we will be let down on that matter our CEO knows how crucial that is to us. GLA

Where do you think we will sink to , 25’s or under??

Yes, let’s hope it works out that way. I’ve seen so many companies change direction all of a sudden and down goes the SP wipeing Mlns off the M/cap A few bad losses can turn large investors nervous and all of a sudden there’s a run on the stock. Years before a recovery remembering this is AIM. Don’t want to see that happen here. GLA

We have seen the SP fall to levels pre first gold pour. Achieved 40p back down to 26 on Friday. We’ve seen a hint of upside but it remains to be seen what kind of volatility we should get use to here I don’t consider the last week of volatility to be the norm here. Uncertainty now will play a big part from where th SP goes from here. The new mining projects remain a question mark in the direction of where this ambitious minded company intends to go. Also brings us to wonder how much cash burn for these new opportunities to be developed. Mining is no cheap deal and generally a risky deal. So immediately attaching risk to our investment. We’ll see but personally i’m disappointed things were going great. I would have liked to see more progress to prove the extended mine life here before turning Yanfolila into a cash cow for other scattered risky projects as well as paying for itself profitable as it is. GLA

I completely agree with the last post all the accumulated value is poring away. The market didn't like this move and neither do shareholders. Take the loss and assure the market. When we were on course SP was undervalued now heavens knows where we wiil find stability and how much will be wiped away from M/Cap

Price slipping way too much, that's AIM for you.

Totally agree. Only upside here . We should easily be in the 20 's just on anticipation for news to come.

CPR to come then?? Should be a good result for us

Wasn't BCN our biggest asset??

So, folks looks like with hit the end of the road here?????

Very compelling argument from Kiran, however I would argue that we are 10 to 15yrs away from parity to combustion engines and the biggest question of all is why KDNC is discounted so heavily by the market? I bought in at just .47p at an already heavily discounted SP where we saw this tumble away.
Clearly the market does not see any risk coming away from KDNC any time soon and also how will we raise the cash burn necessary for future production of Lithium Carbon in Zimbabwe if we get that far. With all of the risk spread across different sites world wide and the major stake in Bacanora why is the SP so low. We need to see more revenue and less risk. Also I am keen to know what will be a means of fund raising going forward, will it be at the cost of existing shareholders or will it be debt? I m still in for now a compelling podcast but if there are plans to re-consolidate this stock for any cash raise that would be a disaster for shareholders.

GLA

Thanks, I wasn't sure how Oman had backed BKY. I've followed from a distance but that sounds realistic. GLA

Pretty significant fall in SP over the lad 7 days to be a storm in a t - cup when supposedly corner stone investors paid up 50p plus .... Quite surprised

This company looks like they are bleeding quite badly. Interested to know why exactly. I have no holdings here but always thought the price was a question mark.... GLA

Expect IUK to underwrite 2bn of capital raise within the next 3 months ?? I think it's 2bn and not the full 3 Might be sooner

Wrong board......referring to sxx

Expect IUK to underwrite 2bn of capital raise within the next 3 months ?? I think it's 2bn and not the full 3 Might be sooner

Thanks all, thought there was something I didn't know about for a minute there... GLA

What's going on with the sp??? Falling

The market has no faith in this company at all. What a waste