The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Pub all i'll say is that your posts werent taken seriously as they were not positioned in a way that seemed genuine and thoughtful, only spiteful, condescending and troll-like, which completely undermined your credibility. The same can be said for Contrarian's inputs.
If you truly are what you claim to be - a good Samaritan who genuinely wanted to help people see this stock as a poor investment, then the way you communicate with people here really needs work - otherwise there's really no point in you dedicating so much of your time towards trying to help others in this manner. If you continue with the same approach people simply wont engage in the message you're trying to share.
Yes, perhaps i too should've tried harder - to see through your tone, jibes and repetition. i'll reflect upon this. I hope that you reflect upon the point i made above.
Do we think they held off on securing finance as the hope/expectation was that the long-delayed and substantial tax rebate would have arrived far sooner - resulting in them having sufficient liquidity and no need for finance?
I'm inclined to think this - rather than anything premeditated to undermine share price...
Good to hear from you WASA.
I'm inclined to agree with much of what you've written and am holding, may even average down a bit further if more promising news comes through - albeit fully appreciate risk of wipe out / significant dilution. Will continue to monitor closely
Indeed, a very frustrating state of affairs. It seems our debtors have us over a barrel now and its very difficult to see a positive outcome now for LTHs.
there's always hope we'll end off better than where were are now though, so the question is whether to hold on and see, or cut the losses here... At the moment i'm inclined to hang on
Yep lots of work and negotiations to do and we're not privy to all the info nor will we ever be - cornerstone investors and lenders will have their red lines and there's likely various clauses covering access to existing funding to factor in.
Management will be all over this - strategising and negotiating will be going on in earnest - all is not lost and a deal will be done at the end of the day, unfortunately all shareholders will have to take a hit but thats the nature of business and investing! long-term theres value to be had, particularly at current prices, but at the end of the day someone has to stick their hand in their pocket and the hope is that there are folk out there with the appetite to do so without putting the company and us over a barrel. I havent given up hope, but only time will tell
Theorist I think your post took quite a dramatic turn there!
My understanding is they’ve not been able to provide perfect information on costs and timescales because they were required to update the market via RNS as soon as they’d established a material issue with the project.
Rough estimates of time and cost overrun were provided in this update, however they made it clear that there’s a need to figure out exactly what is required and what they need to achieve it - at which point they’ll then will figure out the precise financial and time costs.
The new operations manager will be leading on this and an independent report will also be provided to reassure investors and potential debtors.
The latest update with plenty of photos and explanatory notes demonstrates how far the project has moved on. Previous photos available were no where near as detailed as those, so if any mining expert can share their views on this report then they would be appreciated, but I don’t place much value on speculation placed based in those previous images.
Let’s not get paranoid here, give it a few weeks and the project report will be available and we can start to make progress on sourcing the finance required to finish the job.
Genghis, i have a lot of respect for you as the points that you make are quite reasonable, particularly when you summarise them in an objective manner as per your most recent post.
However, i think - as HarChris alludes to here - sometimes your comments can be a bit blunt and come across as being deliberately so, almost as if you're deliberately playing down any positive developments / being somewhat insincere just to get a reaction from other posters.
Perhaps with a slight adjustment in the manner in which these shorter posts are presented/tone it may make for a less combative discussion - unless you are trying to be antagonistic... :D
Publican.
Again, its not that i dont want to hear negative posts, i just dont want to hear you say the same negative post again and again and again etc. Particularly when its clear there are many holes in your hypothesis.
I am confident this view is shared by the vast majority of those using this board, so rather than us all filter out your posts i think it'd be best if you just filter yourself. That way this board can actually be used what its meant for - to share news and different ideas.
Please be assured, everyone investing in this stock (and those considering it) will understand that there are different outcomes that COULD play out with this stock, including the negative picture that you like to paint. They have now heard MANY TIMES what you think will happen... they do not need to hear it again.
For the avoidance of doubt, i can confirm you've definitely had your fair share of time in the limelight sharing your "expertise" - now allow the board to have easy access to other people's ideas without having to wade through your spam.
(P.S. You seem to enjoy using inflammatory language and pointing the finger calling people "gamblers". It has been eloquently explained to you previously that there is risk involved in any investment and yes that is similar to gambling. There is more risk associated with small caps and junior miners - particularly those which require additional finance - and therefore yes HZM is more of "a gamble" than investing in a diversified blue chip mining company that is cashflow positive - but there is more potential reward too. Again, i expect anyone who is investing in these kinds of stocks understands this - believe it or not they do not need you to hang around stating the obvious every other day.
You're not clever for calling people gamblers here, quite the opposite - you just lose any scrap of credibility you might have had.
Please now pipe down for a bit. Cheers.
Its not that i dont want you to post - i just dont appreciate repetitive posts which are akin to spam. As you're clearly unable to identify that your guilty of this, i think silence is the best policy for you!
I hate to pick sides but i feel like PP is making some valid points and pointing out (in a very kind and generous manner) where you're naivety is preventing you from make sound hypotheses
its quite painful and distracting seeing you flounder for so long, so i've been unable to remain quiet - please just quit with your rehashing of the same narrative for a bit and - like the rest of us - wait and see how this plays out over the next few weeks until there is something new to say.
Publican you're going on like a broken record.
i don't understand why over the last week you've spurted post upon post, ending with something along the lines of "anyway i've made my point clear (that i think small shareholders will be shafted by the big investors and be left with next to nothing). i will now leave this board and wish you all good luck" - only to come back later/the same day and repeat yourself!
you've been very ...generous with your opinions but its getting a bit old now, i'm exhausted watching this discussion go around in circles - i dont know how you've got the stamina for it! ...equally not quite sure how its benefiting you... as you're certainly not impressing me.
anyway, i think i speak for many on this board when i say... please can we have some peace from your repetitive posts? at least for a couple of weeks? please!!
Cashflow is also key to any share price bounce here. Hopefully we'll get that tax rebate soon, does anyone know when we should expect word on it?
When discussing figures it is also important to take into account TGR have promised discounted prices for advanced payment - which i imagine will materially impact on our average sale prices...
Again, my observation is that people have never taken you or your posts seriously because of the way you present yourself and your views. Maybe this is something you should reflect on.
Good luck in your future endeavours, i hope you carry them out with a refreshed approach and if not then far away from this board/others that I watch.
Just an observation @Contrarian123... The fact that you come on and choose to write a post entitled "I told you so" the morning of such news/market reaction which will be frustrating to so many investing here in good faith says all there is to say about your character.
It is no surprise that, as many suspected (yet you refused to comment on), you were shorting this stock the whole way through.
You are disingenuous, unpleasant and completely lacking in class.
If you have an opinion or insight to share then the manner in which you deliver it is vital if you want people to buy in. It feels as if the only reason you post on these boards is to stick the knife in with barbed comments, just to give yourself a sense of self-importance. I see no benefit to you in the manner & tone you embed in your comments otherwise.
I pity any former colleague of yours - who had to work with you "project managing them" - what a toxic environment you must have created.
Thanks Zan, sounds like a lot of work for no obvious or material benefit.
Ultimately, they decided to list only a few years back and I highly doubt they've suddenly found an alternative source of capital to make a buyout possible. After all, financing conditions have deteriorated significantly since they listed.
I very much doubt they're planning on selling any shares, so the lower share price is not really of any concern to them - other than they've probably got lots of jittery shareholders asking questions of them.
I'm focused on what happens over the next 12 months or so and ignoring the share price for now - other than to continue topping up when cash becomes available/if i fancy it. I'll be keeping a close eye on cashflow and profitability, and the decision on TSG, but what i've heard from them thus far on this doesnt cause me any alarm.
Obviously I'm impatient and want to see all the good news yesterday, like any investor, but deep down i know that there is logic underpinning why i've built a position in this stock and i just need to trust the process and be patient to see whether it all comes to fruition.
To provide balance... from what i understand there is no sign of Elon agreeing a deal with Tirupati any time soon.
However, as electric car production continues to increase to meet demand, and potential supply chain issues arise - e.g., who knows what a Trump presidency might do for China relations and their grip on graphite mining - i do fully expect to see more and more battery companies sniffing around our graphite.
People who run a business having significant “skin in the game” is often pointed to by many professional investors as a net positive to the investment case for a company. Our interests as sharesholders are aligned with theirs. I still believe that the poddars are acting in the interests of all shareholders and that we will see this over the coming quarters
My initial google searches show they (Stramin Global) sold their interest in the Graphmada mine to a company called Bass Metals (renamed Greenwing Resources) in 2016: https://www.miningreview.com/east-africa/bass-metals-takes-over-operating-graphite-mine-in-madagascar/
It appears they (Stratmin global) then went off and explored alternative investments (gold).
It looks as if Greewing Resources continue to undgo works at the Graphmada mine, alongside other investments.
Panda1 I dont think Poddar's involvement at Stratmin Global can be directly compared with Tirupati in the manner you're presenting. I fo appreciate you bringing it to the board though, and would welcome a full and balanced analysis.
I topped up again today. Average now sub 40. Surely we cant stay this low for long given global graphite demand, margins and my understanding that cashflow will now be positive going forwards. I know confidence has been knocked, but hoping results will speak for themselves now