Zinnwald Lithium Share Discussion Threads

[bountyhunter] 17/1/2022 09:08

Now that those options have been granted at a price of 18.10p being the closing share price on 14 January 2022 we can move on. Prior to that there was no incentive for the company to see a higher share price, indeed the opposite applied, but that is no longer the case. :)

[tomboyb] 17/1/2022 08:53

A few buyers back this morning -

[bountyhunter] 14/1/2022 12:59

Good post Scrutable.

[scrutable] 14/1/2022 09:22

The sharp fall in the share price has nothing to do with fundamentals for nothing in them has changed. ZNWD is still the the resource nearest to coming into production - though even ZNWD is a long way off - which is, as others have said, why there is such a shortage of supply. No mine can raise production quickly enough to fill the unexpectedly rapid increased demand for EVs.

The fall should have by now completed an inevitable Fibonacci retracement of 40% from the previous up-spike so peeps have only been taking the usual level of profits. I expect the share price rise to resume,if not today, Friday, the end of the week, then on Monday when the market's vigour returns.

The huge increase of 40% during the last 30 days in the price of the metal and of more than an exponential 550% during the last year is nowhere near inclusion in today's share price, and one can even expect that of the metal to resume on Monday......

[bountyhunter] 13/1/2022 21:01

But still excellent value given sky high Lithium prices and price forecasts not to mention that Zinnwald's development stage is ahead of its piers and the location is Germany on the doorstep of significant EV car production.

[tomboyb] 13/1/2022 20:02

I think there is some profit taking with the recent placing -

[bountyhunter] 13/1/2022 19:37

Maybe some profit taking after the recent run up? (not by me though!), normal service to be resumed tomorrow with the next leg up? BHL may also have been a distraction but I can't see that going much higher certainly at this stage after the last few days.

[scrutable] 13/1/2022 18:54

ZNWD was the worst performing lithium share of 30 or so today. No sellers at all at EMH today though it is far behind ZNWD in getting its production going.

Can anyone explain the anomaly. The buyers seem all to have moved to Bradda Head (BHL)

[leas1] 13/1/2022 18:28

hxxps://www.sharjah24.ae/en/Articles/2022/01/13/Europe-eyes-lithium-white-gold-rush-as-cars-go-green

EU meeting at the end of the month in Lens. Will see if they discuss measures to try and 'level up the playing field' with China's domination in securing supply for battery manufacture.

[tomtum1] 13/1/2022 09:20

It's makes this a bargain..yes BHL a long way behind. The market will realise it and a big contraction in BHL will happen for sure.

[dmitribollokov] 13/1/2022 09:11

Yeah weird mkt in this this morning, surprisingly thin.

[jaf111] 13/1/2022 08:54

Not sure what id going on but can't get a firm price to EITHER buy or sell 10,000 shares (approx £2,000)....really quite pathetic!!!

[dmitribollokov] 12/1/2022 15:18

If it is a worked sell, we will see the corresponding large print at a lower av cost after hours. What is amazing is there are nearly 100% buys. So whether it is a worked sell order or not, what is amazing is there are no other sellers and that’s IF it’s a worked sell. When this breaks, it will gonup aggressively.

[scrutable] 12/1/2022 14:07

Only one Sell today and 94 consecutive buys totaling £972.000 without a Price change. Does this mean a large seller waiting for the buys to accumulate 1,000,000 shares to fill the trade? Someone probably the same, sold 50,000 lots x8 times yesterday.

It all augurs well for a future sharp rise to accommodate the 35% increase in value of the underlying resource during the last 30 days..

[dmitribollokov] 12/1/2022 12:51

It’s not barclays stake, it’s the pooled amount of their clients’ positions.

[petewy] 12/1/2022 12:45

Not one sale to 12.24pm yet no movement in price. Cannot understand it, 500,000+ buys.
Unless Barclays are selling their stake 2.10m ???/

[dmitribollokov] 12/1/2022 12:20

At near/full ask? No, that’s not how it works. Am being bid 20.4p for stock.

[gepetto100] 12/1/2022 11:48

Either that or an off loader

[dmitribollokov] 12/1/2022 09:59

Still all buys, has to pop soon.

[dmitribollokov] 12/1/2022 08:50

All buys so far other than the UT.

[tomboyb] 12/1/2022 08:25

The price of batteries for electric vehicles looks set to rise in 2022 following a decade of sharp decline as supplies of lithium and other raw materials fail to keep up with ballooning demand.

While mining companies scramble to increase production from existing facilities and develop new sources of supply, benchmark prices of lithium carbonate ended 2021 at record levels. In China, the biggest battery-producing country, the price was Rmb261,500 ($41,027) a tonne, more than five times higher than last January.

Other commodities used in cathodes, the most expensive part of a battery, have also been rising. The price of cobalt has doubled since last January to $70,208 a tonne, while nickel jumped 15 per cent to $20,045.

[tomtum1] 11/1/2022 19:33

Yes I found it over on LSE but it originated from yourself. I was in BCN and did well at 20p here is a bargain.

[bountyhunter] 11/1/2022 19:10

Serbia don't have the same requirement for Lithium as Germany where the Zinnwald deposits are located. Zinnwald are further along the development path than their peers by the way having completed a DFS - see header.

[bountyhunter] 11/1/2022 19:08

#514
Looking back I did post that previously and in detail! - clearly I have a memory like a seive - or maybe we all do lol!

[scrutable] 11/1/2022 19:07

tomboy

In Serbia environmentalists are objecting to development of the lithium. In Arizona at Thacker Pass,the blockage to mining by LAC is on a/c of the sacredness of tribal burial grounds. Development won't be plain sailing anywhere, takes a lot of patience, and five years at least of permitting, engineering design, testing and raising of substantial capital.

The shortage of capacity is developing NOW, which is why so many Chinese companies are buying up the first movers NEO and Bacanora. The price and profits will rocket but probably end up in ten years with extreme over supply and price collapse. - for lithium is widely spread.