Zinnwald Lithium Share Discussion Threads

[chesty1] 08/6/2022 11:17

g2theary8 Jun '22 - 08:01 - 823 of 826
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No brained here :)

You need to switch funds matey & you know...which one into!!!!!

[steeplejack] 08/6/2022 11:11

What exactly does this mean?"Anticipate providing greater clarity on revised project parameters in the form of a Preliminary Economic Assessment as soon as the Company can..."Have sold a slug today (which is painful) especially given that the company is clearly part of an industry with such immense potential.However,they'll be winners and losers and i suspect that Zinnwald will drag things out,drawing salaries funded by intermittent equity fundings while dealing with politically conceived complications and manufacturing conundrums.Someone might of course acquire the company but that's not sufficient reason to purchase stock.

[steeplejack] 08/6/2022 10:07

Yes,i agree.It's easy to underestimate the sheer logistics of bringing projects to production but the Zinnwald management seem intent on 'stringing' out the whole process.Comes across as a load of old waffle.

[indiestu] 08/6/2022 09:56

Disappointing,

-- Advanced plans to deliver a bankable feasibility study based on the new project parameters within 18 months subject to financing and continued favourable progress on all major fronts

Ok, so come back in 2024! How can it take that long?

-- Anticipate providing greater clarity on revised project parameters in the form of a Preliminary Economic Assessment as soon as the Company can

Meaningless, no deliverable timeframe!

A very poor statement the only certainty here is massive dilution over a protracted period.

Maybe its just too expensive to get the Lithium out of the rock, considering the cheap lithium that is soon to flood the markets from Chinese owned brine miners in Chile.

[g2theary] 08/6/2022 08:01

No brained here :)

[sev22] 08/6/2022 07:47

A paragraph from another resource company reporting an update this morning:

More encouragingly, our cautious approach to offtake and investment has been vindicated as we have seen a near 800% increase in the price of lithium concentrate over the last 12 months to USD$6,200 per tonne, far in excess of the price we assumed in our Scoping Study of USD$685 per tonne.

[g2theary] 07/6/2022 20:17

I'm going to add more on that news tomorrow back to 15p sharpish here :)

[djj2014] 07/6/2022 18:00

Today's holdings RNS may help explain why the share price has suffered these past few months. Hopefully we can move onwards and upwards now.

[steeplejack] 07/6/2022 11:32

Whereas the likes of Atlantic Lithium,for example,are constantly stimulating investor interest with RNSs,Zinnwald by comparison seems content to hide its light under a bushel.The result is a sharp contrast in the share price performance.Nonetheless,we are led to understand that Zinnwald has an attractive,logistically well located European resource and if the current management don't get their act together,perhaps someone else will be tempted to seize the reins.Meanwhile,what's required is reassurance that Zinnwald can deliver a good return on capital employed because the current share price would appear to be questioning potential bottom line profitability.

[indiestu] 07/6/2022 10:11

Zinnwald don't appear to be in any rush to get their resources proved up for an offtake agreement. Perhaps they believe that prices are going to go much higher. All very dull in an explosive market.

[g2theary] 07/6/2022 08:41

Trading at a 35% discount to fund raise price :)

[g2theary] 07/6/2022 08:39

Added a few more here :) this is due a rally and poss news :);)

[albert3591] 04/6/2022 19:38

I think you mouth can go in the pigbin bye.not missing you already.

[bsg] 01/6/2022 12:05

Why, market doesn't believe it's minable? There's a big discount fundraising coming?

[papillon] 01/6/2022 11:04

👍 You were correct. The chart looks awful and has done for long time. No sign yet of a bounce back up. I don't hold, but continue to follow.
I'm a gold bull, but the gold price doesn't appear to be going anywhere either. It's drifting aimlessly.

[steeplejack] 27/5/2022 10:51

The decline in the stock is not that dissimilar to the fall in EMH shares over the last nine months.There's something strangely comforting that Zinnwald is not alone.I trust the company will make a good update at the AGM,if not before.They need to.