Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Its got full steam ahead written all over it. Surely there are no banana skins from here...
I hope you are down what you can afford to lose PBS. Although £115K is still a lot. All the best with it, I hope everything comes good
I guess it depends on strategy. I have no desire or inclination to day trade or at least trade with a high frequency. So I have to look to achieve value over time. And that is where some of the management of AIM companies kill me: they rinse/repeat the same yarn over and over, allowing them to get paid and the regular punter to get poorer - just see my list of failures below for that!
Just have to keep holding-out for one or two stocks to hit the mother load. And AIM must at least be better than the lottery, although if you lose on the lottery the money probably goes to a good cause. With AIM it tends to just keep the pockets of the CEO nicely lined. It was probably ever thus though :/
I wish you hadn't mentioned that SeaHawk. Some total shockers I have had include ARG, DES, UEN, AMER & BPC/CEG. Total value destruction! Any gains made here won't make-up for that basket-case of horrors!!
Thanks Latics, I will take your advise. If I misunderstood Mogger's original intention then I can only apologise to him for that.
I do appreciate the time people put in to research. Stuff gets dug-up from all over, and its all of use.
Maybe I need to toughen up then. But regardless, thanks for being so thoroughly awful to a total stranger. I hope you feel better for shooting others down with your mean-spirited language.
Thanks GaiasK, perhaps you are correct.
I think it just shows how irrational the market can be. This stock should, perhaps, be trading higher. I appreciate there are still uncertainties here - getting the in-country fund investment and a mining license not being the least of them - but it is all so close. Yet the market is not overly keen at the moment.
But other stocks can fly seemingly from nowhere. Consider CTL over the last few days: nothing has changed apart from sentiment.
There just isn't a lot of volume being traded. I'm sure there would be if that investment is about to be confirmed?
I don't deserve to be on that list. I have never, ever, been "a very negative poster".
I have held shares in RKH since 2010, and want the company to succeed. I'm a bit fed-up of it all, I will admit. My investment has plummeted in value. Who here isn't fed-up, and how many LTH's haven't seen their investment drop? But I'm not a 'de-ramper' or anything like it. Frankly, I resent the suggestion.
Could people here show a little more compassion perhaps? I came here from iii and don't remember the same level of vitriol and name calling then. But perhaps my specs are rose-tinted.
That's all.
Potentially next month 9p could be a distant memory. I'm sure everyone here could drink to that. But based on past performance...
Why take them now though? We have until the end of the year after all. And the long term trend is unquestionably down for this stock, despite the fact some big positives are in-play.
By year end this could be down further from here. Or it could be quite a lot up. Keep the faith...
So GaiasKidney, it sounds we are 9 - 10 months away from news that will likely drive the price forwards (award of ML)?
Then a dip no doubt whilst resource numbers are confirmed, and feasibility and and FEED is done. Those will certainly de-risk the project (and hopefully push the price forwards a little too).
The big one must be FID then. I guess when that RNS drops 35p will look very cheap...
What do people see as the barriers to getting a mining license?
Clearly ALL were granted a prospecting license. Why grant that, if the government is not minded to allow production later on? Allowing production brings jobs, taxes (and probably the odd kickback too), in a country already used to mineral extraction and with the infrastructure to facilitate it. On paper, its a sure thing. In practice I know it doesn't always work that way - so what are the stumbling blocks ahead?
It's jam tomorrow - or 2026 in this case. With a few capital raises in between. Its inevitable the share price will drift until production is much closer at hand. Patience is a virtue!
Lithium use in batteries for small electronic devices may well continue, but it will no longer be used for vehicles. Instead, these will transition to solid state sodium-ion technology. Sodium is plentiful, and such batteries will not have the flammability issues of Li-ion. When will this be available? Maybe 5 years' time....
That said, certainly the UK electricity generation network doesn't have capacity to charge a massive fleet of electric vehicles anyway, and as people are now discovering the charging infrastructure is badly maintained, too few in number, and takes too long to deliver a large charge leading to long waiting times. We also now discover that such vehicles are too heavy for car parks - who knew?
In light of this, are battery vehicles of any type even a realistic future proposition?
Yes I'm sure you are correct on that Ovets. I wonder when it was first on anyone's radar that burning fossil fuels would be a bad idea in the long-term?
It's all academic now though, as we are already snookered. Getting people to turn all their lights and appliances off at home for an hour is just the beginning.
Totally legit question, and I certainly haven't got an answer to that. We don't even have enough electricity in the UK now, let alone if every house has an EV. Nonetheless, EVs continue to come, and are predicted to keep coming for some time yet.
The UK should have invested heavily in nuclear, but CND shut that one down. Now we are all bu@@ered.
I think the planet probably is screwed yes. However, electric vehicles could still be the way forward - the battery technology just needs to change. Whoever thought using the same battery composition as used for mobile phones and electronic cigarettes in cars wants their head examining:
Is there enough lithium to meet our demand? No
Are lithium batteries energy dense? No
Shall we use lithium batteries in our cars? Absolutely. Makes total sense.
Totally agree with you HappyDazes - I think this will drop again soon, sadly. Which doesn't matter to a a LTH of course...
Dunno, its a bit weird. They have even upgraded their resource numbers since it was trading at that level, but the market has still downgraded the stock. Feels like a real poke in the eye!