Member Info for nomlungu

As we should know, this is a company that needs feeding with more cash at some time in the next 2 years. I expect that the consolidation is preparatory task enabling a further round of financing. If this keeps dropping after the consolidation I am going to consider buying more.

I have just spent 1/2 an hour reading the RNS and am none the wiser other than the economics of the mine have improved. Searching the document for the phrase 'high-grade' helped me understand the improved economics - but it is only an novice's reading and just my opinion.

is there something wrong with lse?

finally, an expert replies to this thread

An interesting article on Motherboard: https://motherboard.vice.com/en_us/article/9kng57/dogecoin-my-joke-cryptocurrency-hit-2-billion-jackson-palmer-opinion

and no shares traded hands today!

Yup - A hundred grand at offer in 2 minutes is worthy of noting.

The trade was for �1197 - but still good to see the sp creeping back up.

Have they invented the magic money tree?

Interesting pdf: https://www.resource-capital.ch/fileadmin/reports/2017/final_Lithium.2_en_.pdf BCN not mentioned but pages 10 to 20 are worth reading.

You got your wish but the RNS is not the one hoped for - of course; having a notifiable shareholder add more is still welcome.

I was expecting the price to slowly rise; not that I am complaining

The RNS dated 2/11/17 noted that the re-assay of the drill core from LS-MS-02 showed high levels of Indium had been found and included this statement about Indium in both the LS-1 hole and the Central Sector hole: 'Highest measurable observations exceeded 250 g/t in both the LS-1 hole and the Central Sector hole. The assay methodology will only read to a maximum of 250/t without having to re-do the assay a third time.' The potential of using Indium in extending the life of, and increasing the the energy density of of Lithium based batteries is interesting - this could result in a significant new market for Indium. Supply is limited... Other posters on this board have said that they think that the Indium here may be the 'icing on the cake' - if Indium ends up being used in renewable batteries it might end up being the cake. Of course, this is all in my opinion. http://trendintech.com/2017/09/28/is-indium-the-way-to-go-for-the-next-wave-of-efficient-battery-storage/

An interesting article about the Long Island Iced Tea Corp - it changed its name to Long Blockchain Corp and the share price spiked by nearly 300% on that news alone: https://www.bloomberg.com/news/articles/2017-12-21/crypto-craze-sees-long-island-iced-tea-rename-as-long-blockchain

I have emailed Alastair in the past about errors on MAFL's website and they were corrected promptly - I wish him well in the future. MAFL's website has been updated with a new statement 'Investing in the natural resources sector' http://www.mineralandfinancial.com/ I do not think that there was a twitter link before either but am not a twitter user - @MinFinInvest I signed up for their newsletter months ago but have not received one yet. 2018 may well bring returns for the patient.

V2020, I am curious - what interested you? I see TRX's d'Cell process to remove DNA whilst building regenerative parts for humans fascinating, even though some of the cell lines are porcine derived. I have still not got my head around the relationship with RNA and the 'un-folding' of proteins though. My personal ramp - quantum computers and AI will solve this - D-Wave now have a working 2000 qubit computer. https://www.tissueregenix.com/products/orthopaedics/overview https://cm.jefferson.edu/learn/dna-and-rna/ https://www.dwavesys.com/d-wave-two-system My 2 pennies worth...

Fallingknife1, There is a great pipeline of products which I expect to generate significant sales in the next few years; however, they are [imo] going to have to raise more funds soon - hopefully it will not be a too high a discount on the prevailing share price at the time. at least the institutional investors here have very deep pockets. The last major placing was £40m at 10p which funded the acquisition of CellRight - I feel that this has 'brexit-proofed' the company and reduced the risks associated with potentially losing EMA accreditation. Only time will tell.

The Investment Update RNS [27th of November] stated 'Resource Update on LS-1 expected to be completed before year-end.' Patience seems to be required - it would not surprise me if the SP drops early in the new year if no news is announced.

My 'average down' is now at a 45% profit; which I am most grateful for. I note that the website has been updated again - 2018 is going to be interesting.

Apologies - I use a number of browser extensions to remove all advertising and tracking software so whilst I did not see any advertising I saw 'SPONSORED' at the top and bottom of the article which is why I thought it was a sponsored article. Equally, I do not see any advertising on this site.