Member Info for swest42

Hi N2S
Analogy, petrol gauge broken (i.e I dont think anyone outside BOD is q sure on cash left), but we know we've been on motorway a good while. we sort of know we need to pull over at the next BP and re fuel. Problem is, with the sp where it is i think we will need to be asking for movement from our iis.
Macro timing not helping, trade war etc. Test for VM really, man at helm. GL

Hi,
You have an indenpedance of thought imo. I'd ur are about could you place a sentence or 2 on IRR please I wouldn't mind knowing where ur at. Good or bad, but I know you say wot u think.
MB, I think you are knowledgable but ur being so biased now negatively ur doing yourself a disservice and it's a shame. Example it's not all sells is it. No.

More overwhelmingly positive EV narrative.
We may not have JORC assets, but they're well enough understood. Whatever anyone has said, I still cannot really understand why we're down in the teens.
Market cares not for what I think. So we wait. Is what it is. VM LK et al have my steadfast support.
GLA

Has to break out soon. Overwhelming fundamentals. Don't take my word...

https://www.thetimes.co.uk/article/rising-metals-prices-set-to-give-electric-car-industry-a-shock-szh5jqwxd?shareToken=2b8e7797d9c6960086f4975385060184

Good times beckon guys. Great reading

https://www.thetimes.co.uk/article/rising-metals-prices-set-to-give-electric-car-industry-a-shock-szh5jqwxd?shareToken=2b8e7797d9c6960086f4975385060184

No shooting down from this quarter as I think it is about the money.
I'd sooner just raise, take some pain , but moreover get on to those stunning assets quicker. I note someone said JVs might be a solution, sounds very plausible.
More funds would enable more extensive drilling programmes commensurate with what we have on license now, on multiple sites.
However, lest I get shot down, if we take a slower more measured route, fine. 'get rich slowly', not a problem.
Either way, the storey ends well imo. That's why I'm in.

Sometimes I think ' have we all missed something'. And I actually welcome a bit of interrogation by some like MB. I have my concerns on money, but IRR stands up to the scrutiny, my questions get answered, comprehesively. So I'm left with perhaps a very personal view that the market has it 'wrong'. My money is where my mouth is here, only time will tell. GL

The wider narrative is overwhelmingly positive. Therefore its just so frustrating that the SP is so lacklustre. I'm aware they're not JORC, but the assets are understood. I'm adding sensibly when I can, but i just don't get the SP.
Contradiction in terms in there somewhere. So be it. It has to give soon. There simply must be many beady eyes watching that Li evolve. BMW couldn't secure any 5 yr supply agreements. SP @ 17p. Mad

A gesture, some movement from the backers would be extremely welcome imo. Assets are much better understood after 3 yrs, not JORC but nonetheless ready to be moved up.
Sumitomo supply Panasonic, a 10M investment say is peanuts to them. I'm struggling to understand the reticence. That vote of confidence would set the hares running. Otherwise, we'll get there I'm sure, just at a certain pace. I dont think BOD can do anymore than what they are doing.

https://www.theverge.com/2019/4/19/18508066/audi-etron-delay-batteries-lg-chem

(With thanks to uapatel)

I've had my queries of late, and in fairness they've been replied to well and FWIW I too appreciate the BODs efforts.
Its good to talk things through on here.
Some good posts as ever below. Feeling positive.

Good weekend all

I vote bed and isa day every month :)

Article in the Times today brings me here. I'm into all matters EV. Why the drop here over last last yr. I'll start some of my own research with a view to picking up a few. Times article promising, regards

TBH I read ur comments and I'm caught. I'm long here and that's me really . Let's see what unfolds. Win lose or draw let's see. Interesting times indeed.

A cash injection, from whatever source, would set it alight imo. Theres so much to go at and the drilling could be increased. But if not, more patience may be required, but the LT outcome the same I.e v positive. Fundamentals, is it underpinned be the assets, are they there, if u believe yes, then it 'has legs'.
I listen and learn carefully here, Bozi ur points on possible JVs etc well made, and duly noted.

Selling an unrelated asset such as Gabon would resolve, if its feasible. I hadn't properly considered that. We're drawn into the finance again. No getting away from it.
Agree interviews vary, I took more away with me ref Cdi from one of them.

I too think IIs have been quiet.
Things have changed here though imo, and recently, and I'm referring to CDI. The order has shifted.
I'd keep an eye on Assore making a move. There may be a raise with short term dilution, your short was risky but had some merit. My point is the IIs will want what's on the table for themselves.

'could dwarf Chad'. Those 3 words alone are something I will ponder from this week. It's an extremely significant remark. I'm feeling more bullish. IRR holding some v large situations in prospect.

meeting feedback read with great interest thanks

Some good reading today, good substance albeit a lot to take in.

Have a good meeting to those who go later, look forward to some feedback.

Feels like we may be turning a corner after a slow period (imo).
As for shorting it, personally can't see the logic of that at this juncture, but its a broad church all views valid, and to short at all you probably need a certain level of experience so fair enough.
GL