Member Info for Paul2566

From what I have read there seems to be some concensus that the surplus in lithium supply may soften towards the end of 2025 into 2026 with amodest increase in the price of lithium.

I would expect a small rise in the KOD SP when the export licence is confirmed.

When we see income, again I think further slight increases in the SP is not unrealistic.

If lithium prices do increase modestly I can still see KOD reaching 1p sometime in 2026.

There are quite a few ifs, buts and maybes in there but I'm still hopeful that KOD will show me a modest profit.

I think I have been predicting 1p in the next 12 months for what seems like forever, perhaps this time I will be correct.

Based on what source information?

A rise in the SP with no buying pressure makes absolutly no sense.

Dead in the water I'm afraid, to all intents and purposes no one is buying this, and I can't blame them.

Fortunately I've only lost £1600 and it could have been a lot worse if I had becone caught up in all the hype, which I very nearly was.

Eventually I suspect it will just turn the lights off. Not sure how much cash they have left, all the data I can find is pretty much out of date, I think somewhere South of $4m, but I just don't know for sure. Thats not a lot of wiggle room if I am anywhere near close.

What I find really odd is why people just don't filter trolls instead of conversing with them.

If they get no response they just dry up and blow away.

GeoChem

I hold UKW and have held FSFL since June 2022.

UKW is currently trading about 30% below NAV although I haven't checked that for awhile, and I think will adjust much closer to the NAV over the next couple of years, unless interest rates rise.

FSFL I believe are currently paying 11% dividends, but the SP like many stocks has been in decline over the past few years, and is also at a discount to NAV, about 30% I think but don't quote me on that.

Currently discounting dividends and the very occasional trade moving stock from my trade account into my ISA, I'm about 22% down on both at the moment.

Including some lucky trades and dividends overall I'm up 11.54% on UKW and down about 7.96% on FSL. Although I have held UKW longer since December 2020.

This might sway my thinking but I will have funds freeing up from AV.B in the next few days and will most likely put that £10k into UKW, despite being very tempted by the FSFL dividend, I just think the UKW dividend is a safer bet, and I like the ideathat UKW is still buying its own shares at the current discount.

I don't think at current prices you will go far wrong with either stock. I also hold TRIG and GSF in the same general space, and think there are just too many renewable stocks around at the moment trading at a discount to NAV, so I don't discount there may be some M&A's at some point on the near term.

Today is the potential settlement date, or at least the earliest settlement date I have seen.

Sorry to see the end of these.

I may invest the proceeds into Aviva ordinary shares which I also own in a small quantity at an average of £4.0447 although they are quite a bit more expensive now. About 6.3% dividend.

Nevermind, I just realised what you are referring to.

What special dividend?

If passed, the settlement date is predicted to be 22nd May. (From the Investors Page on the Aviva website)

It looks like tomorrow is the date we will know the outcome of the confirmation hearing.

https://otp.tools.investis.com/generic/regulatory-story.aspx?newsid=1927510&cid=759

ATB

Red I feel your pain.

I bought into ALL in early 22, things looked very different then in the Lithium space, it felt like a (white) goldrush. I was very optimistic and not a little naive with little experience with mine explorers/developers. £11184 later I'm paying my fees for the tutorial and down £9,445.35 or a little over 84%. Lesson learned, now I'll just hold and see how it plays out. I'm not moaning or blaming anyone. It seems every 5 to 10 years I forget my aim of investing, which usually works out fairly well, and try a gamble, which usually dosen't.

ATB

Craig

Thanks for posting.

ATB

I couldn't find any reference to the 8 3/8% preference shares, so you may be right about April 30th, however I found reference to a General Meeting relating to preference shares listed for April 15th. It appears the vote was passed in relation to the preference shares I mentioned, so I think it's not unreasonable to think the 8 3/8% preference share vote will follow suit.

ATB

Its on the Aviva investor page

https://www.aviva.com/investors/

Hope that helsp

ATB

I try not to filter as it's wise to get every point of view, but SFC adds little of any worth, appears to be FoS, and is ill informed or has an agenda. BBFN SFC.

My comments above apply to the 8.875% and 7.875% preference shares, but will I believe suggest its likely the 8 3/8% preference shares will face the same outecome.

After a bit more searching it looks like the cancellation has passed and will proceed.

I thought there was a General Meeting today at 12:00, and, if thought fit, pass the Capital Reduction Resolutions (if the Advisory Vote Resolution is passed at the Advisory Vote Meeting) and the Tender Offer Resolution.

I had thought there would be an announcement today concerning whether the Advisory Vote Resolution was passed at the Advisory Vote Meeting and whether the Capital Reduction Resolutions and the Tender Offer Resolution were passed at the General Meeting. Whether the Cancellation will be implemented, and (if so) a confirmation of the Cancellation Date and the Cancellation Settlement Date.

I've seen nothing so far.

And a lot has changed over that time with lithium prices not what they were, little has changed at BHL though.