Zinnwald Lithium Share Discussion Threads

[papillon] 13/6/2022 14:42

👍 steeplejack

[steeplejack] 13/6/2022 07:28

The weekend press carried a number of articles in business sections warning against real losses resulting from holding a high percentage of cash in your portfolio during periods of high inflation.However,those observations are disingenuous in the current equity markets which could easily suffer further sharp falls.Like others,i've selectively picked up stocks (like Dalgety,Dechra,Halma etc) on the dips but its done me no favours to date.I'll hold off during these summer months since i think that things are more than likely to get worse before they stabilise.Cash remains king for the foreseeable future.

[papillon] 11/6/2022 14:09

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It's getting worse! It appears that a bottom is still some way off. Fortunately I don't hold ZNWD, but it's one of the few shares I follow having held in the past. I only currently hold 2 shares (MILA & GPM) as I'm keen on the prospects for gold due to the awful global economic climate.

[steeplejack] 10/6/2022 16:53

Hopefully,this share price reaction will encourage the management to make informative and useful RNSs in future.Thereagain,in fairness,we have learnt that the company are not in any great rush to do anything significant other than keep a beady eye on their rapidly depleting cash resources.

[bsg] 10/6/2022 08:33

I was going to buy on every penny drop, I'll wait for the placing now.

[g2theary] 10/6/2022 08:26

I have enough in WSBN ... this will come good... I'm holding here and will keep buying on drops ... next buys at 8p

[papillon] 09/6/2022 16:04

Henry Maxey? Ouch!

[papillon] 09/6/2022 15:58

free stock charts from uk.advfn.com


The ZNWD chart is awful and has been for almost all of 2022.

[bandflex] 09/6/2022 08:10

bsg are you sure about that?, they have E6.1m but seem to be telegraphing a fund raise for a BFS.

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

[bsg] 09/6/2022 07:36

Raising down at these prices is going to be pretty grim. No need yet but in a couple of years?

[chesty1] 08/6/2022 10:17

g2theary8 Jun '22 - 08:01 - 823 of 826
0 0 0
No brained here :)

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

[steeplejack] 08/6/2022 10:11

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 09:07

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 08:56

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 07:01

No brained here :)

[sev22] 08/6/2022 06:47

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 19:17

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

[djj2014] 07/6/2022 17:00

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 10:32

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 09:11

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 07:41

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