Zinnwald Lithium Share Discussion Threads

[euclid5] 07/7/2023 18:58

Lets hope the new broker note moves this higher

[robertspc1] 06/7/2023 10:29

Tamesis note out. Znwd is trading on a faintly ridiculous P to NPV ratio of four per cent which feels absurd given the stage of the project and the presence of AMG on the register. Price target 40p. Have added more today

[rover62] 06/7/2023 09:55

Just a thought.
We’ve just got a chunk of money from AMG.
Don’t you think that they would have already been aware of the application before giving the money and what it would be used for.
Give credit for long term planning.

[steeplejack] 06/7/2023 09:45

Most of the short term price movements in AIM listed junior miners don't have a rational explanation as much as we might seek them.

[bsg] 06/7/2023 08:45

But did this include this new exploration license?

[steeplejack] 06/7/2023 08:39

The CEO made it fairly clear at his recent presentation that the company had enough funds for current purposes.

[bsg] 06/7/2023 08:20

More drilling, more money required. At what price the next placing?

[steeplejack] 03/7/2023 10:03

Post the AMG purchase at 10.4p,i didn't think we'd see the price slip back to single figures.Shows what i know about the slippery,mercurial,manipulated world of AIM listed junior miners.I reckon management must look enviously at those enterprises who can avoid an AIM listing and rely solely upon private funding.

[robertspc1] 27/6/2023 12:42

Germany planning to set up state fund worth up to 2bn Euro to support mining of raw materials critical to country's green transition. That has to include serious support for Cinovec

[robertspc1] 14/6/2023 22:03

Tamesis research note highlights absurd valuation. They know their stuff

[robertspc1] 14/6/2023 22:00

Thanks. It all sounds very grown up

[dbfromgb] 14/6/2023 11:00

Indeed, but in the zinnwald webinar today I did not get any hint of that other than general cooperation. Positive update though, and worth a listen when it is made available imho.

[steeplejack] 14/6/2023 10:57

Good presentation this morning.Production scheduled for late 26 early 27.

Significant byproducts outlined in Lithium production plans ie fertilisers etc. Mine will benefit from a previous mining operations infrastructure and will be largely underground.Water leaching planned,eco friendly.Off take agreements are not a priority for the group currently,it can compromise ‘optionality’ this early in a project.Saxony supportive of Zinnwald prospect.Cooperation with projects in Czech Republic as appropriate.Company projections suggest good lithium demand when production commences.Contract prices are around 50000 currently,the spot price is not necessarily a reliable pointer to negotiated contract prices.Lots of drilling ongoing.Adequate funding for current purposes.

[prokartace] 14/6/2023 08:22

Why is the share not opening this morning?

[euclid5] 14/6/2023 07:55

The Company has undertaken a formal review of its underlying beneficial shareholder base that shows an ever-increasing ownership by German and EU investors.

Based on the register as at close on 9 June, the Company now shows UK holders at 47%, large German institutional and corporate investors at 31%, other German and EU investors at 12% and Rest of the World at 10%.

[robertspc1] 13/6/2023 08:23

EMH CEO hinting at upcoming news on corporate and strategic activities they have been working on. They have acquired permitted land for a lithium plant. Surely makes sense to join forces in some way

[gepetto100] 09/6/2023 14:45

Steeple - I agree this is some way off production unless AMG progresses the mining & production with all the expertise it has. Getting close to its 25% 10.41 stake price.

[gepetto100] 09/6/2023 12:33

Just bottom drawer then

[steeplejack] 09/6/2023 08:29

I think you mean the 23rd March.

Yes,i’d be surprised if there was another fund raise so soon after the last placing but if there was,that shareholder list suggests it would be well supported.Positive developments on the EMH front might be encouraging some switching,its anyones guess quite why the shares have fallen back so sharply…..other than its a junior miner,listed on AIM,that is years from production and vulnerable to manipulation in thin markets.

[steeplejack] 08/6/2023 10:53

AMG 118,996,738 25.1% Henry Maxey 69,236,495 14.6% Ganfeng Lithium Ltd 25,465,899 5.4% Mark Tindall 19,752,443 4.2% Oberon Investments Ltd 14,176,076 3.0%Shareholders list suggests that a fund raising will be well supported.

[bsg] 08/6/2023 10:47

This has fallen off a cliff, more cash required?

[steeplejack] 08/6/2023 10:08

We have the AGM next Tuesday and the Investor meeting the following day.There have been some fairly chunky trades over the last couple of days that might well require disclosure in due course.Price movements like this suggest somethings afoot but thats not assured with stocks like Zinnwald.Recent placing was at 10.41p

[qs99] 08/6/2023 09:39

graph looks messy

[steeplejack] 07/6/2023 15:08

On that we're agreed!