Member Info for OilyChan

SP is still below 90 (it was higher than this in May after reaching around 140-150 recently.... given the funding news.. the market response is pretty disappointing. Assume this may be due to expected dilution go complete required funding... Fuku, Addy .. any expectations on the required amount outstanding for full funding?

Have to say my main concern currently is with new Mexican pres.. left wing.. has history of aggressive rhetoric re nationalisation re energy sector etc .. also wont take any **** from Trump so we could expect more tension over border/trade etc although given expected offtakers the US relations may not be big factor.

Bluegrass re zero coupon bond .. as far as I recall .. (going back a bit!) the nominal amount is the repayable amount on maturity i.e. 20 years. BCN will get the discounted amount when drawn.. ie. 12 mill and after 20 years they will have to repay the nominal amount of 56 million ... if im correct the yield to maturity applicable to this zero is 8 percent.

8 pct slightly higher than i was hoping i must admit.. however guess this may be due to recent election result and possible political concerns by the lenders.

Better news on the funding front.. hopefully we will get a clearer picture soon of entire funding enterprise.

It had crossed my mind that potential investors were waiting for result of the Mexican election .. especially if Andrés Manuel López Obrador were to win..

I am pretty much fully invested so have dropped my IC subscrip but ST tipped some great stocks over the last two years.. had a few that more than doubled Volvere and WJG spring to mind .. overall was happy with ST's picks.. the other pundits not so great.

Lithium demand from EV's now greater than Consumer Electronics..

Bacanora.. more time off than Rip Van Winkles bedside light.... but when it moves it moves.

Looks like price move over last week has priced some of this in but as we know market hates uncertainty so i would expect negative move first thing.. even if its just MM shaking the tree.

were my eyes deceiving me or did P.S. break into a smile at the end there.. thats a bullish signal if ever I saw one.

Expected Operating margins still look pretty cheap compared to other producers/junior mining companies.. to de risk share we obviously waiting on finance deal .. market doesnt like uncertainty or delays so recent sell off in my view just down to that.. when finance in place and given it is under good terms and plant build is not subject to any major delay then we should see more bullish sentiment in price.. Im with Fuku79 as far as im concerned fundamentals havent changed

Agreed Addy.. the D's have been picking up a bit of skin in the game recently... In the words of Cole Porter... "Begin the Beguine" This article is for information and discussion purposes only and does not form a recommendation to invest or otherwise. The value of an investment may fall. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser. But Buy it.

Sorry about the and so it begins comment.. it was a bit melodramatic i will admit.. but didnt think it would solicit such a comment.. as far as im concerned when you can read a full FS you get the big picture .. the possible pitfalls etc. which i believe i did allude to.,.. If any investor had not seen the FS previously then they would then have been informed .. if they had then they would have ignored it... its a bit patronizing to anyone looking to invest here that you would believe such comments would make them dive in without looking into company a little more than that....

mtahir1888 You cant discount any further retracement but if you are a long term holder then if you hold off there is the risk of financing announcement being made (pretty much final derisking). which could be due any time now .. that likely to precipitate strong upward move - the full FS outlines some potential risks such as possible NAFTA tear up which could increase some costs.. in the final scheme of things dont think 10 here or there will make much difference

Its the same but with another 250 pages or so to read through

probably

In the words of King Theoden "And so it begins"

Average annual earnings before EBITDA $229m - looks to be a few things to sort .. Kiln and water management etc.. gonna take a bit of reading this one

Cheers Barksy

Cant let you have all the fun Rivaldo!

No idea... filtered

It wouldnt have struck me as shorters although given the move from the end of Oct from the mid 80's to over 150 in early Jan a retracement was always on the cards.. with basic indicators such as RSI and MACD still looking slightly overbought you could still argue it might have more downside to come .. that a problem for the short termers though...