Member Info for Paul2566

I should add that as a minimum on a stock similar to this as a minimum I am looking for a 10% year on year return.
I do not really expect ZNWD to be producing for 5 years, but with a clearer picture of funding and as it gets closer to production the SP is likely to rise. The average mine takes around 10 years from early exploration to production.
To meet my minimum requirement that mean in 5 years time my ZNWD stock needs to be valued at just shy of £6k, and at the moment I believe that is reachable. The greedy investor in me obviously hopes for a much larger return.
As soon as I see that clearer path I will be adding to my holding with more vigor.

johnpwh
I would of course like to see more progress and a clearer path to construction followed by production, with a more defined timeline.
At the moment I do not which is why I'm only holding 30000 shares.
What we are not aware of is what is happening behind closed doors, which was a similar case with one of the other stocks I held. In that case the BOD secured a deal that was very good and secured funding to production, in addition to funding for further exploration. This provided a clearer and more defined path to production. Leading up to this point there were months of vague suggestions that strategies were being explored, and investors were getting ever more frustrated with the lack of progress. It was very much a case of 'jam tomorrow' promises that litter poorly run companies.
I will continue to hold until I either decide this isn't going to amount to anything worthwhile, at which point I will sell at a loss and move on. Or I see light at the end of the tunnel at which point I will be paying a higher SP to increase my holding in ZNWD.
My opinion FWIW is that geographically the mineral resourse is simply too important to discard, and if ZNWD do not produce, someone will by it out and I may well see a small profit.
The question I ask myself is 'if I sell now, can I recoup my loss faster than waiting for ZNWD to rise from here to that same point, without just taking more risk elsewhere'. At the moment my answer is no.
If I were looking at ZNWD today I would be far more comfortable opening a small position with £3k, as the SP has been relatively stable in its current trading range. With hindsight my timing was off, and I was a little hasty taking a position, however hindsight isalways 20/20 vision, and I did the best with the information I had at the time.
Unfortunately AIM stock investors are disproportionately represented by investors who expect to get rich very quickly, seasoned investors rarely think like that. These boards are used by those investors, which is why I urge readers to make their own decisions without influence from posters like me. I do however like these boards to get other views that I may not have considered, prompting me to consider and research them.

Daz423
Thats a good point.
It can be seen in other areas that recycling has become much more efficient in the last 10 years, so there is no reason to believe this will not be the case with batteries. That will soften the demand on lithium production, however with some older EV's still on the road with 7 and 10 year old batteries, its going to be a decade or so before recycled lithium has any meaningful effect on demand. Its a rabbit hole when one starts to consider the bigger picture.

Daz423
The other take from the speaker, does pose a question yet to be answered.
When demand far exceeds supply, over a prolonged period, as I suspect is going to be the case, what happens next.
One view may be that the price of the raw material continues to rise, until a tipping point, where as a result of this inflation the end product ceases to be affordable. At this point demand slows and prices drop. It is a cycle that I can see as a viable possibility in the future.
The difference with the oil boom was it was a slower burn, and producers had a longer time frame to ramp up production. I think there is little doubt that there needs to be far greater investment in the sourcing and development of certain mineral mines.

????

I think its both an interesting view and most certainly relevant.
Mining is and has historically been a very cyclical market sector, I doubt there are many who are unaware of that fact. Its the very essence of market supply / demand.
What I find interesting is that the speaker is suggesting that this sector is in the ascent, and is likely to continue in this upward trend for decades to come.
It is a view I share, not just regarding lithium, but through all the mining industries. It is why I am investing not only in lithium explorers/miners, but also in copper, tin, oil, coal, etc.
I have read on forums where people suggest that any lithium mine not producing within the next 5 years will miss out on the huge profits to be made from elevated prices. This is IMHO unlikely to be the case. Lithium in my view is going to be similar to the oil industry of the early 1900's, but with a steeper demand curve.
Exciting times ahead.

GreenLantern1
I don't generally like to advise others as I am no professional, and certainly not a trader. I tend to buy to hold.
However as you ask my largest holding in lithium related stocks (excluding RIO) is KOD, followed by ALL. So you are partly correct.
I do like BHL for their geographical location and their BOD, but I am waiting for a clearer indication of where they are going.
I'm very keen on ZNWD for their location, but sitting on a 47% paper loss while waiting to see where they are going, but I think it's going to be a few years to reap any real reward, and I'm not willing to tie up funds which could perform better elsewhere while I wait. But things can change quickly.
Please I ask that no investment is based on my thoughts, mineral explorers and even junior miners are very unpredictable and very high risk, and I could be completly wrong. The failure rate in this sector is high, I don't recall the stats but from a dodgy memory I seem to recall its around 80%.
But best of luck with your research.

Little has changed here, I'm still holding (at cost) £3.7k in ZNWD.
I have increased my holding(at cost) from £10.9k to £11.18k in another of those stocks I listed, and increased my holiding in one of the others listed from £1034 to £27.6k (at cost).
As information changes I will continue to add where I perceive I may get the best reward.
I'm just waiting until I see reason to add to ZNWD, only time will tell.

I bought a while ago with an average (including taxes etc.) of £2.8940. I was buying stocks across a variety of sectors so unfortunately only bought 4629 of BP.
Including dividends since bought and the current paper profit, its showing a 104% gain. Personally I still see this as a long term hold although I probably will not buy more at current prices.
Eventually I hope to use the dividends to supplement my pension.
I believe that oil companies will remain relevant for at least the next decade and probably much longer.
BP. is well placed to transform to greener energy in that timeframe, so as I said for me its a hold with no current intention to sell. It does of course depend on what your goals are, and if I was 20 years younger I might be tempted to sell.

For the love of God
Please stop responding to nonsense with more nonsense. I have no issue with talking about other stocks that posters think are relevant, but this is not talking about anything, its just utter trash.
As far as I can tell some posters on here have a great deal of growing up to do.
Which is a shame as there are a few who offer interesting insights worth discussion.

Best to just filter and move on

clapa929
Maybe but I doubt it, on a cost basis KOD now represents 7.99% of my portfolio. I prefer around 5%, but I have been tempted by the potential reward, so have accepted the additional risk.

Took another 400014 shares at .3689p, hasn't changed my average, but now have 7201189 shares.
I think thats me done now, I believe this will do well in the next 18 months and beyond, but for me I've reached my risk vs reward.

'that' in second sentence should be 'unless'

I meant to include my current average price including taxes etc., is .384p.

Donny
In January 2022 I bought £181 worth of KOD stock. I very rarely open such a tiny position in a stock that I am both unsure of yet see some potential, and they are likely to be high risk stocks. It just lets me keep an eye on the stock without being invested to any degree.
Today my investment in KOD (not its current value) sits at £26148, I have bought (in order) at .33p, .25p, .25p, .26p, .33p, .39p, .37p and .43p.
As I viewed the company as a lower risk I was willing to pay a higher price. Now my last buy of 2643455 shares at .43p looks expensive at the moment, but I'm looking to what I think the stock will be worth, not its value today.
I'm not suggesting for one moment that I have made the correct decision, but that as I have formed my own personal view, I am willing to pay a premium in higher SP to what I view as a good investment.
What I can state as fact, is that my personal experience has taught me that waiting for a lower SP often never comes, and I'm terrible at finding the bottom.
I could be an absolute baffoon, or just making it up, my only advice would be ignore posts on bbs, and make your own decision with reference to your risk appetite, and absolutely do not invest everything in any one stock no matter how good it appears to be.
Best of luck

Thats a buy price.

As I type I can get .394p live.

I'm holding a bit over 6.8m shares in KOD, with I suspect a higher average cost than most of .38p. Not unexpected as while wathing I waited until the risk dropped a little to what for me was an acceptable level, and that always means a higher price.
I don't tend to trade, and for this stock I'm still looking to add, so personally if it goes lower (on no particular negative news) it suits me.
My personal expectation for this stock is that I will see a SP of 1p in the next 18 months, and I think I tend to be conservative. What I would really like to see is a decent dividend in 5 years time.
For those with the talent for trading this should provide some decent trades.
Personally I'm just seeing the ups and downs as white noise.

I think DLG BOD has certainly lost credibility, and demonstrated a lack of risk management/mitigation planning. I hold AV also which would appear at the moment to have demonstrated the polar opposite. I am undecided about the possible aquisition though, and as far as I can tell its just rumor.