Member Info for Newboy58

Agree, better working with the Chinese V Americans at the moment and that’s saying something...

I’m with Stokey, not too fussed about PR, I hope they are focusing on cash flow. Took you point about a bit of trading though, bought a few more today on a short term basis.

Let’s face it if they are expecting planning approval at the end of the year it will be mid Q1 2020 at the earliest - the SP is too low to fundraise... I’m worried I must admit.. Spent more here than anywhere else on aim as I believed in the DMG, I still do I just hope shareholders don’t get wiped out on the journey...

I don’t think that’s correct, with the 29.99% they are just shareholders and not responsible for funding. Sonora they will be responsible for up to 50% of the funding if they go up to 50-% ownership. So BCN will have literally sold half of Sonora for about $19 mil....At least that’s how I see it.

I’ll be tempted at 25p..

I’d be happy if it could stay above .5p for five minutes...

This is only just beginning I’m peed off but I’ll get over it.. looks like BCN will half of Sonora for $21 million but I guess that’s half the financing obligation gone too. Ganfeng got an amazing deal that’s for sure...

I’m sure it’s just coincidence that one Chinese company totally destroys the share price with a borderline criminal move and a second one gets the deal of the fkn century just before the Lithium price recovers...

BBC news Rare earth threat sell-off effect won't last According to Yogi Dewan, chief executive and founder or Hassium Asset Management, the sell-off of stocks on the back of China's new threat to use rare earth as a bargaining chip in the US China trade dispute is likely to be short-lived. "We see this as short term and unlikely to have a meaningful impact on sentiment or financial markets," he said. Rare earth threat sell-off effect won't last "This could be viewed as a retaliation for the Huawei blacklist. We see this news as ongoing noise around the US China trade disputes. Rare earths really are not that rare, but rather just current deposits being mined which happen to be in China. "Should the trade war persist it is highly likely that these materials could be sourced elsewhere."

Rare earth threat sell-off effect won't last According to Yogi Dewan, chief executive and founder or Hassium Asset Management, the sell-off of stocks on the back of China's new threat to use rare earth as a bargaining chip in the US China trade dispute is likely to be short-lived. "We see this as short term and unlikely to have a meaningful impact on sentiment or financial markets," he said. Rare earth threat sell-off effect won't last "This could be viewed as a retaliation for the Huawei blacklist. We see this news as ongoing noise around the US China trade disputes. Rare earths really are not that rare, but rather just current deposits being mined which happen to be in China. "Should the trade war persist it is highly likely that these materials could be sourced elsewhere."

https://www.ttgmedia.com/news/news/cuba-specialist-operator-the-holiday-place-ceases-trading-18168

Just be patient? If one had been too patient the the dip would have been missed... Stick to your own trading rules but don’t be greedy? But what if your trading rules are to be greedy, what then? I think you’re making this up as you go along..

3 late reported trades adding up to over 2 million shares at 15.75p - bodes well... wonder whose they are?!

PS I recently bought in and think they will turn round, Just making a point that Brexit is really, really bad for a Tour Operator.. gla

Ps - you think they have the cash on hand to hedge fuel and currency??

You obviously speak as someone who doesn’t sell in gbp and buy in other currencies

As I mentioned a couple of hours ago: “Let’s look at the economics for the simpletons, TCG in the U.K. sell their holidays in GBP but they buy the Hotels in Mainly EUR and USD, and the fuel in USD. So a weak pound makes everyone’s holidays more expensive so people who have lost their jobs in manufacturing due to Brexit can’t afford holidays anymore.. and the people’s who's shopping trips have become on average 15% more expensive since the vote cut back and don’t spend on their 2 weeks in Benidorm”

With all due respect If you don’t think the two are linked you are a fool. Brexit is very bad for TCG

More people voted hard Remain than hard Brexit. Simple math.

That’s a good point Addicknt, the Chinese are a nightmare to deal with, they don’t think twice about screwing you over, Americans as well tbh, I think that’s why those two are struggling so much to do a trade deal at the minute..