Member Info for sasa43

Quite, TDT - I took that as being a mere typo, too ! - sasa.

What is brewing, toptiger, is growing hopes of a positive statement(s) in this Q3 from AV post the innovative, non - dilutive (for now, anyway) £10m odd fund raise via unquoted bonds to existing major backers behind Andrada, putting the co in a much stronger position to get the best terms from the many 'interested parties' keen to get involved with us.

Moreover, the extra cash now speeds up their development requirements to get the lithium into production, asap and if AV delivers again shortly, as hoped, I can see the sp breaching its 'high' of 9.5p very quickly and then some, especially if the momentum traders get involved here, too.

Just my take, fwiw, short term - sasa.

Thanks for that, NewK - summarises my critique precisely! - sasa.

A good post, surprised but I think you're being too charitable about our politicians; I'd say that the lot we have nowadays are both incompetent and disingenuous. It seems to me that they're solely interested in 'sound bites' to further their careers; get noticed and you'll possibly gain ministerial office / hopefully stay in power or get into government to boost salaries.

Every five years or so, they have to 'hold their breath' and many would be unemployable, outside of favours, if they lose their seat, given the lack of experience of the real world outside - sasa.

Had a good chuckle over that one, Safaniya - sasa.

Roger that, nesty - I'd anticipate the 'real gravy' building up a bit further out than that, imv but who knows? You 'gotta be in it to win with it' if you're confident enough, that's the main thing. GLA - sasa.

Yep, fair comment on the 'second fiddle' aspect; probably so...

Your third para loosely chimed with mine there, too; why they don't just get on with reducing Serica's NS exposure, given the parlous political outlook which is beyond their control, defeats me.

Would they be so lucky in securing another BKR type deal? If only - sasa.

Oooh!.. You're so cynical, NewK... sasa.

Hi nesty - you weren't alone in doing that today; it's gotta be dirt cheap (no pun intended) around today's level, surely?

Whenever the first part of the ideal 'buy low / sell high' mantra presents itself, it's amazing how few investors exploit the opportunity, only to regret not doing so soon afterwards - 'C'est la vie', I suppose - sasa.

Hi NewK - Clearly, Serica's management shake up is underway and not before time, as the desultory sp performance this past year sadly illustrates, over and above the much weaker energy price trends since then.

Interesting that Mitch hesitated over immediately recalling Mecuria's present holding in Serica, thinking it was around 25% finally whereas we all know it's 28%, post the Tailwind acquisition + a further 3% in 'friendly hands'...

Wasn't overly impressed with Steve Edwards' contribution on their M/A outlook, tbh; perhaps his poor charisma let him down somewhat or was it just me? Anything to get the sp out of the basement, though - sasa.

Hi Shadowless - yep, I'm still chugging along, thanks and been in this one for a while... Now, I think we're on the cusp of really getting somewhere with all the prep work beginning to pay off.

Like you and many like minded peeps on here, I think we have a real winner in the making here, all being well, with an impressive CEO, in AV, being the first prerequisite for achieving that. GLA holders - sasa.

Echo that view on the timeliness of today's funding news, Shadowless - sasa.

That's about the size of it, WolfA - a modest, timely / well structured fund raise to get us quickly through the next milestones and also strengthens our negotiating position with these various 'interested parties'.

Much more to come from this proactively run miner; right time, right metals and now the sp's a right bargain, too! - sasa.

That seems the likely explanation to me, too, Gingertom - sasa.

Interesting question - I've been trying to work that out, too - sasa.

Hi Dennis - yes, of course - very understandable, bearing in mind the sp was more than twice this price a year ago...

Such negative sentiment (fear) is usually the stronger emotion than greed when the bear rules but these phases pass as we know; as long as it's only that with the strong fundamentals intact as we have here, it's just a matter of waiting for the next upswing. Stating the obvious, I know... sasa.

On an historic yield of 11% currently, together with a pros p/e of 2 - 2.5 x or so, such an opportunity is rare, indeed, imv...

Any casual observer would think this is a 'basket case' on the brink in stark contrast to the strong fundamentals supporting it - were it not for my being significantly overweight in it already, I would be buying the pants off it right now!

But then you can 'take a horse to water but'...

When the strong 'risk off' mode in the mkt finally gives way, the total return here will be considerable with many then looking back in anger, I dare say... sasa.

Could be either way that large trade, tbh - the fundamental chart takes its cue from the trade ident which is merely calculated from the relevance of the mid price ruling at the time the deal was struck but the closing U/T was moderately positive with no dramatic adjustment, if it was a sale...

Tomorrow's early price action might provide a clue? - sasa

Agreed, TDT - Andrada (ATM - formerly Afritin) is one I'm into, too and well worth a look on their website and recent vids. as to what they have planned, imv.

They've got a lot of lithium from waste lying all around from the old 'mothballed' Uis tin mine in Namibia they've acquired / re-opened; the increasing tin output is planned to fund the rapid development of their lithium production here and elsewhere on the four licensed areas held, with Spodumene hill and the Lithium ridge of particular interest; they have some Tantalum, as well...

Interestingly, they've hired Barclays to advise them on over a dozen enquiries from 'interested parties' keen to get involved here, apparently, according to the CEO, who'll update investors on this and also their expansion plans in the current Qtr.

Ergo, if it appeals, it might be timely to take an interest before the above info. is released, as it does look exceptionally cheap to me, too. I don't 'cross ramp', either but since you mentioned the lithium angle on here, would be interested in your take on it, along with other comments, while we wait for Horizonte to finally get going.

Dunno whether that helps at all - sasa.

Hi NewK - All I can say re: all this is - Good on yer, ACW but it's a bit late now to castigate the govt after you've left the Co - Serica could and should have been more vocal against all this pandering to the electorate at the expense of this crucial UK industry.

Harbour, Ithaca and some other bosses 'stepped up to the plate' while still in post to champion our domestic O&G production, their industry and '000s of workers' contributions to the UK economy. Why not Serica back then, too!

What these politicians don't seem to comprehend, or wilfully deny, is that industry to build out all the infrastructure required for the new 'green' transition is fossil fuel powered today and will remain so for a long while yet. Decimate the power source to do that prematurely and the 'new era' sought will remain a 'pipe dream'.

I can understand the socialists trotting out their ignorant mantra, being in opposition with nothing to do but the Tories have no backbone, no excuse, in my book - sasa.