Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Hi Pauly
Just for transparency. This is my third time in CLON in the last couple of years, both times I have invested awaiting news on Ghana but I have instead taken small profit and got out because of rises based on no news and speculation.
Personally, I don’t think CLON is going to release monumental news on Bolivia. They don’t have the capacity, weight, competitive advantage and whilst they may have some small role to play on the development based on connections and experience, there will be other bigger players at the table more suited to the project.
Let’s see though, if there is a positive outcome then happy days as we will be a multiple of the current Mcap. But currently, no one knows and as with most CLON related things, all we can do is speculate.
I am here for Ghana. Pure waiting game but happy to to have a bit of skin in the game at the current MCAP.
Hopefully this time I will be in longer, but if there is another baseless 30-50% rise from Twitter rumour I will probably take profit. .
Deferred salary RNS intrigued me. But I need to read it more carefully again to understand exactly what they are getting. Maybe I will do that with a glass of red tonight.
GLA
Tex
I actually think it will attract a new set of investors at this price. I have taken a few bites under 0.14 now and will add a few more chunks if it drops further (which it may depending on news)
At this level (for me) it is worth a punt given the entry point. High risk and high reward, but material short term gains from 0.14 if AZ finally gets his act together on Funder & IM... As I have said before, I have a 3 month window for something to happen.
Let's see....
I have a good feeling Rise! ;-)
Happy to stick with this for 12 months, but doubt I will be around for 12 years! Anyway, this is worth a punt for me.
GLA!
Josh, we are in holding mode until confirmation news on Funder/IM which I hope we get before the April update. But no idea when (next week? April?).
In the meantime the monthly CLN conversion will continue with Mercator forward selling. You can see that today with them dropping a 20m chunk and a few other chunks (IMV). the SP is going to naturally drift on the back of this.
It's a waiting game I am afraid, and I understand your frustration. But be aware that the drift is due to the CLN conversions and unfortunately that is a given for the time being.
Very simple, Funder & IM news needed, then we will have a rerate, till then we will drift a bit. DYOR.
Tex
Very true Pauly, but let's try and stay positive hey? ;-)
High risk and high reward and an very small amount of my overall portfolio....At these levels it is worth a punt as a sniff of positive news and a £2m mcap will disappear very quickly. Happy to stick this in the long term bottom draw and I will potentially will add more if this dips much below this level.
Let's keep fingers crossed!
Tex
There are 2 x 5m sales which are coded as unknown, I think Mercator is still selling....
They seem to be still playing around and equally people are coming in to pick up chunks around 0.14 mark. Happy days for both!
Havoc the IPO value of the company was based on an asset of over £200m of which over £200m was written off shortly after IPO. Not a good argument. What is your view of the goodwill write off? was SYME really worth that much at IPO and on what basis?
Savvy. I am a Father of 2 so very very glad your son has grown up so well. But news is not coming this week. I think we will get positive news before the strategic growth plan update in April but not this week. If I am wrong then bring on the abuse, but let’s set our expectations realistically.
Strap in for a rough ride till Funder and IM. Then there will be good upside from the current share price.
https://twitter.com/tex2374tex/status/1485242507881598988?s=21
Well worth a listen.
Morning all. The waiting continues. 1 week?12 months? who knows?
started to increase my position this week, will add more as and when it dips down. £2m mcap...easy to become a major investor :-)
let's see. Its worth a punt for 2022...
General operational update would be good.
Recycling plants commissioning and forecast new plants for 2022. - lithium recycling estimates areup from 5k to over 8k for 2022. What drove this?
Tie ins with OEM battery manufacturers and Tier 1 auto discussions progressing (per Dec interview)
Uni tie up work to improve black mass purity.
Mining assets updates (real value in the company IMV)
Lots and lots to talk about.
New interview should be available soon. https://twitter.com/roastpr/status/1483916280243666944?s=21
Hey Poor, no bounce here.. IMO - could be wrong, but look at the intraday, flatlining since open. same as SENS last week.
Unless someone comes up with something that provides a life line...
cheers
Tex.