Zinnwald Lithium Share Discussion Threads

[my retirement fund] 09/9/2022 15:49

It probably explains why the price got beaten down from 15p. They've sold most of this more recently around 9p from what I can see.

[theonewhoknows2] 09/9/2022 15:24

in for a few.may be the start of something gla

[steeplejack] 09/9/2022 15:03

So M&G are out and that means over 12million shares have been sold recently.Whether the stock has found a new significant holder has yet to be revealed.It is concerning that M&G have decided to dump stock at such a low price (around a third of the company’s all time high)but the company have been so laidback and lacking in urgency to get things cracking,that maybe M&G just got irritated and thought there were better opportunities elsewhere.If it helps to put a firework up Zinnwald,we’ll all benefit.

The directors are aware of the following substantial interests or holdings in 3% or more of the Company's ordinary issued share capital as at 21 February 2022:
Major shareholders
Henry Maxey 14.62%
Ganfeng Lithium 8.68%Centerbridge Partners LP 5.43% M&G Plc4.22%
Oberon Investments Limited 4.05%

[ukgeorge] 09/9/2022 09:08

Just bought 130k @9.47p

I think a major catalyst will most likely be an off take agreement, that will provide funding to bring the project forward.

[5chipper] 08/9/2022 20:41

A la Henry Maxey

[my retirement fund] 08/9/2022 20:04

Thanks, a portfolio wealth manager then. Interesting he's dipping in his own pockets putting his own money in then.

[benjsprice] 08/9/2022 19:53

Perhaps this chap?.... https://chartwellip.com/staff/mark-d-tindall-cfa/

[my retirement fund] 08/9/2022 17:30

Well that large volume was Mark Tindell. I've Googled him buts it's not clear who he is.

[my retirement fund] 07/9/2022 21:05

Excellent volume today

[steeplejack] 07/9/2022 14:52

Indeed but the company isn’t alone.I not only have a holding here but in a couple of other junior miners that are of corse absurdly cheap!Amongst all the other clearer cut explanations for the ongoing under appreciation of mining small caps,i would add that the recent cryptocurrency boom probably gave a good few punters a slap in the face and that’s reduced their appetite for risk per se.At the end of the day,its of little consequence to the company’s long term prospects but quite clearly,there’s been a fairly sustained unwinding of speculative positions here and i’m not convinced its been driven by to some radical reappraisal of the company’s fortunes encouraged by the likes of Goldmans.A simple retreat by punters from riskier equities selling mutual funds and personal holdings.It won’t enhance sentiment surrounding a fund raise though.Humans are good at seeking to rationalise stock moves whether they be up or down.Its not easy to be clairvoyant but sometimes there are simply more sellers than buyers and visa-versa.

[robertspc1] 07/9/2022 13:22

Mkt value c£25m just doesn't stack up against the option value of the potential Lithium. Someone smart with $$ will eventually join the dots here. LT pension hold for me

[steeplejack] 07/9/2022 12:20

Perhaps...its a bit like Artemis.Arguably it could go to the moon but its a tad leaky in these troubled times.

[ukgeorge] 07/9/2022 10:10

Looks like it is about to breakout upwards.

[steeplejack] 07/9/2022 08:05

Bank Feasibility by end of 2023.Things seem to be on the move.Sadly,enthusing the share price in these 'stodgy' risk averse markets may be less than easy.Next steps ahead of planned project construction and production commencing include:-- Better define the Resources and Reserves that lie within the ore body at core Zinnwald license with ongoing infill drilling programme-- Complete exploration drilling campaign at the nearby Falkenhain license to determine the potential for expansion of both the Project's resources (including tin and tungsten) and the production level -- Collate data and optimize mining plan -- Continue to develop the technologies planned for its processes with further testwork and refine plans for reducing the overall CO(2) footprint and operating costs, such as via the use of electric mining equipment-- Continue EIA and other permit application processes, including baseline studies and other reports -- Evaluate options for the construction strategy - currently EPCM -- Complete further work/negotiations on all infrastructure aspects of the Project -- Publish Bankable Feasibility Study end 2023

[bsg] 07/9/2022 08:02

Just the small hurdle of
US$336.5m initial construction capital cost
to get over!

[my retirement fund] 07/9/2022 07:52

It is and its a surprise its under the radar here, I would have thought a miner like this would have attracted all manner of small investors, certainly the small oil drillers 20/30 years ago used to attract an army of private investors and bulletin board posters would have every man and his dog on it ramping the hell out of the price, some highly speculative drillers used to attract thousands of posts a day

[jone06] 07/9/2022 07:46

29% post tax IRR is impressive, let's hope they can get into production without bureaucratic and nimby delays

[5chipper] 07/9/2022 07:06

Surely this goes a run now

[my retirement fund] 06/9/2022 11:53

"We are delighted to start exploration drilling activity at Falkenhain. The license area is located close to the Zinnwald Lithium Deposit, where an in-fill drilling programme is also underway, and, if its potential can be proven, could represent important upside for the broader Zinnwald Project

[bazza521] 31/8/2022 10:35

Nothing to see here move on.

[my retirement fund] 24/8/2022 22:31

No one knows about it!

[robertspc1] 24/8/2022 20:33

Repeat ... why is this dead as a dodo anyone...