Member Info for Paul2566

It is a very junior explorer at an early stage, so it isn't going to do much to the SP in the short term, its going to take a good few years to make any real gains I suspect.

Having said that I was expecting it to stay above 10p, maybe even touch 15p. Fortunately I only hold a very small number of these, which is just as well as I'm about 88% down.

I don't expect the drop in the price of lithium has exactly helped the SP.

It is however in a good location politically and geographically if it ever gets to the production stage.

BA is 51 years old.

IP3LY

I think you are referring to my post, it was indeed a typo £317, I wish. I thought it was £3.174, but only a quick scan on closing SP, I didn't spot the £3.247.

Pleasant surprise today with the rise.

Bertram

Going back over 10 years I believe the highest this has been is about £317, in the current climate I think it is doing reasonably well.

I've held this for quite a few years and have had to average up more often than not when adding to my holding.

It's a great income stock and I cannot see my portfolio being without it unless something drastic happens.

I've got 17428 of these and if it wasn't for MNG which I also like, I would have double my current holding in LGEN.

If I could only buy 3 stocks over the next 12 months, LGEN would certainly be one of them.

100

They would have to be reasonably small value shorts held by PIs as they are not listed anywhere.

I personally do not believe there are any shorts of sufficient value to impact the SP.

If you research the rules around shorting stocks I suspect you will come to the same conclusion.

lots of PIs post about shorted stock, but mostly its not very compelling.

I don't short but if I were to consider it I would have to be looking at a trade in the £50k range to make it even remotely worthwhile, considering the huge downside risk of shorting.

By all means point me at the evidence of KOD being shorted and I'll eat my head. Ok not my head but maybe a lemon.

It might indeed be noteworty, but not noteworthy, which is what I meant.

Well I just added another 100979 shares, not a noteworty buy I admit but it brings my total holding to 13,260,204 shares now.

I cannot say that I'm not bothered if it falls further, but it is not a primary concern for me what the share price is over the next few weeks/months. I believe rightly or wrongly that this project will reach production, and I am more interested in what the SP will be in the weeks/months following that milestone.

Rob

A decent sized by from a PI, which is good to see.👍

Laverda

I'm not sure that George was saying that Bernards valuation is incorrect, although that is of course an assumption on my part, its part of how he values the company for his investing decisions. I would certainly come up with a different valuation, and I have my own ideas of what I hope the value to be over the next 12 months.

If I had the spare money, and I had to, I would certainly be willing to pay a good % more than the current SP to add to my holding.

I didn't see the post as particularly negative, just a different approach.

Bdf

Not really odd, that small a number wouldn't even register. I'm holding just over 13m shares in this, and I'm a very very small fish indeed. If I sold the lot it wouldn't do anything to the SP.

I may be wrong but I think Georges is trying to value the company as it stands now, with no value allowed for potential, future assets, etc.

I can't comment on its accuracy, but I think I understand what he is getting at, and in essence imho the theory is not incorrect.

The market tends to price stocks with a view to the future, that does not always equate to a stocks value. Sometimes buyers have to pay a premium, sometimes there is a discount. Very rarely (if ever) does a buyer get a stock at its true value.

The old addage 'price is what you pay, value is what you get' still holds true.

That would be nice although I'm here for the dividend.

I have held this for a while and while my average on 17428 shares is £2.3625 (with fees/tax), means on paper I'm £1,176.72 down, the dividends over the years mean I'm pretty happy.

This has been a really dependable stock over the years and I still add to my holding if it dips below my average and I have spare cash.

I like it so much its my 3rd largest holding by value, and if I had the cash I would happily make it my largest.

I still believe that lithium is a good play long term, just not as comfortable as I was that BHL will see the finish line. That said if the figures are correct, and I believe they are, at some point I think the resource could be aquired by another company. The fact remains it is in a good location geographically and politically. Unfortunately I have just lost faith in the development team, and once that happens I know I tend to look for reasons to leave rather than stay.

Among other staocks I hold a decent amount of RIO, which is a lithium lite play as most of their revenue comes from other metals. Thankfully I have held them for a good few years, so have them at a reasonable price. As with all miners that I am aware of they are cyclical stocks.

I do hold two other lithium heavy stocks, but thankfully both are on track to produce next year, although I'm currently still down on one of them with a £11.1k stake and about even with the other with a £92.5k stake. I doubt either will be life changing but I am optimistic that both should provide a decent return.

Jockrock, I'm sorry you are down, it may well surprise us both and move up, or become part of some jv with hopefully a little more drive.

The trouble is that Lithium isn't particularly scarce in the ground, its getting it out at a profit thats trickey.

I became a little concerned when Charles FitzRoy left the team in August, only shortly before that he had been saying how great a resource BHL had, if it was all looking so good why did he move on.

Jockrock

I must agree, thankfully I only have £1.7k tied to this, my intention was to open this small position, monitor the stock and increase my holding substantially when I could see a clear path to production. Unless something changes I will probably exit next year.

While I hope you are correct, I cannot see any huge upside in the short to medium term.

Lots of jam in the cupboard for tomorrow.

Again I raise the question, how big a resource do BHL require before moving at pace towards construction?

Currently I'm just looking at a stock that not long ago was 13p+, and is now around 2p. Thats 85% and change down, and in that time at least one key figure in the has moved on to fresh fields for no really tangible reason.

The spread would indicate it may not be true.

Fpvone

First, how do you know how many shares the makers have, and where do you think they came from?