Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Hi MI think
You’ll know I’ve a small position with this lot also ;-)
Someone suggested I think .. ;-)
Any LT thoughts on it..not finding much atm.. just a few broker projections of $4.2 CAN. So double from here, give or take!
I had a quick look again myself at the weekend and like you thought it seemed quiet.
I did suggest E3 and at the moment its a starting point investment. I do have a timeline on investing more but unlike Standard here E3 are creating their own brine extraction method ( several already worldwide so not too big a gamble on the tech to be honest ). The oil and gas industry have already caused the scars on the landscape in Alberta along with the loss of jobs up there , the positives on forward progress seem pretty well unhindered imho.
I think by Dec / Jan there will be news on progress.
Then mid 2022 more updates on the aquifer and more detail.
I am big in SLI .... BUT I am looking at SLI moving up within days. If / once it hits my target as previously stated here several times I will take a good 200% profit and leave my initial in
E3 and NEL will benefit again with my profit - just as long as NEL does not go above NK17.50-18.00 which it will and very soon.
Its a bit of a race. I would like SLI to provide production figures first then NEL open the factory.
2 very big effects on the sp.
Tyson - this came out on the 7th Oct.
A good read , no mention of E3 BUT they are currently doing what the article says is the difficult part. Fine tuning the lithium filtering tech to the specific type of lithium brine. Every aquifer is different in density, % grade, impurities. E3 are doing the maths at this time. They do know the aquifer size and types of brine at different depths too. They know on ground footprint is small compared to strip mining and will hopefully use either solar, hydrogen or the gas system of Alberta to power the operation. Or a mix of all to reduce carbon footprint.
E3 is where Standard were about 36-30 months ago imho. So PLENTY in the sp to buy in to over time just like I did here up to $4.50 and much lower.
https://www.nasdaq.com/articles/focus-automakers-funding-new-tech-aimed-at-making-greener-lithium-for-evs-2021-10-08
…and from what I can see.: E3 is up 14% today! ;-)
Tyson - the same company used by Standard , produced E3's PEA. Apex Geoscience know about lithoum brines and have experience so the SLI PEA should be pretty bang on. They usually understate to allow for "upgrade" news during PFS and then leaving some room for DFS promotion and sucking the last investors in through goid solid PR.
We are in early doors in both here and over there.
Sorry tyson this is the E3 headline to their report on E3.
"Geological introduction to the lithium-brine potential at E3 Metals Corp. Clearwater and Exshaw properties, south-central Alberta; National Instrument 43-101 Technical Report prepared for E3 Metals Corp., Available at www.sedar.com, 62 p."
https://twitter.com/LithiumIonBull/status/1446168551895805954?s=09
For you tyson. Just build when you can is my advice. Couple of hundred as and when. The big news is more like end 22 in to 23. So a little time. Just buy the drops.
Same process with nel for me. I have a very large holding now and will keep topping up at these levels.
Did the same with SLI and thats been brilliant for me.
Cheers MO
I have a chunk in E3 already.. just whether I add to it. Me thinks I will. NEL also. Sadly I’m a little under water with NEL but not much. An update turn from here will be nice
SL TODAY :-)
…oh and BTC ;-)
Have a great weekend
Tyson, today and to be upfront I took £15k out of my profits on Standard at 13.50-60's two trades. Still got a hell of a lot in but looking for that demonstration production update to push towards 22-25.00.
I put it all in E3 who already have a PEA, same time line to be in full production as Standard ??? but I now have approx £20k in there. If Standard keeps going to 22-25.00 then I will get up to my initial holding in SLI but in E3 @£45-50,000. I can let SLI ride then knowing all the offtakes and forward PFS then DFS are still to come on both - massive tick.
Should be in a position where hopefully both will Standard and E3 will be approaching full production and the sp's let me retire. Just these two.
My back up and MAIN holding is NEL as you know.
WORLD CLASS SHARE. IMHO this is nailed on more than SLI & E3. If either E3 or Standard falter NEL will easily pick up the pieces. 3 main investments for 3 years.
PLL, SYA , HEXAGON PURUS & DCTA all now sub £10k but any one could and hopefully will blow the doors off and get me to my million.
Have a great weekend. What a fun week and certainly 30% of pressure now shifted off my pension plan. Spread building better and more at ease. A very good weeks pay back.
Hi MO
Appreciate the info on your sells. I know we all make our own decisions etc but it sometimes nice to know others thoughts- particularly those that are seriously invested!
Today seems to be a good day for a lot of stocks.. CUSN has risen , SLI is on a charge and one of my BTC Stocks - HUT8- hit $15 so I cashed in with 50% up. Not a fortune but gives me a lot of CAN$ to put in other places.. ;-) hint hint -E3! so I’ve added a bit today. My investments are a little more diverse - PHE, NEL, EQTEC ( could do better) , the BTC stuff , and even a few in EQLS!
I’m not there yet but on course for “having enough” in 2 Years , when I’ll be in my mid 50s.
Might give SLI a little longer .. and only 180% up ;-)
Let’s hope it all lines up!!
“Speak” later
TF
Good luck tyson. Keep in touch and I am and have been on alert for Standard's first demonstration production & the big one NEL Heroya production start up, which opens the door to US$1 Billion from Nikola, Everfuel and Hyundai by Q4 '21-Q23 '22. Just 3 companies but a hell of a lot of cash.
Not many companies can get that within 6 months, although that is why the cap raise within 24 hours by ITM today clearly shows I may be underestimating where NEL could go? Certainly upwards.
Have a good weekend.
MO.
Tyson E3 up 5% again.
Stellantis & LG - Standard Lithiums partner doing a deal is probably creating a bit of investor speculation on E3 and that is is a very similar model both with most hoops jumped through. E3 yet to apply for some permits but with oil and gas mega industry already having trashed the landscape E3 and the very very small brine extraction footprint should sail through what is needed tbh.
Yes E3 on a bit of a run.. avoid the temptation to add more today.. if it had been early I’d have been happy but not chasing it. Will see where it lands in the coming days may regret it but….
Also thinking of adding more to CUSN. Would be happier if I could buy CL but don’t have the liquidity, enough of, outside my isa/SIPPs.
Bc any descide if 15p is cheap!
Don't chase E3 imho. It will pull back at some point. Was 1.80 not long ago. Now 2.60. That is a good mark up on no news, so yes a pull back is due.
Having said that Standard were up and down between 1.30-4.00. Once they had arrived at pilot to demonstration and being the 2nd to market only they hold an obvious advantage. No wonder they hit 12+. Still more to come. So I go back to E3. It will for the next 12 months go up and down probably between 1.50-3.50+ and keep on doing that ie Standard. I bought today strangely enough and with SLI profits. It had hit my target. Initial still in.
E3 just buy sub 3.00 imho. It will do an SLI in time 18-24 months.
Weirdly I also added to CUSN due to me wanting to see it push back above 14p. I can see 22-25p in the short term. 3 months to 2022. 2022 Cornish Lithium spin out to public company, we get shares and royalties, win win. Like with E3 an early stage but build and build and build over time is my guess. Not financial advice. CUSN same as E3 & SLI.
Thank you. I know it’s not advice.. it’s interesting to hear you thoughts. I’ve only been in “shares” a few years. Some forays were not good. I have also missed out on upsides , as I’ve left the money on the table hoping for more and missing the profit.
I could see many in ITM doing this - I bought about 18 months ago , maybe a little more, at 185. It shot up to 360 but I held on. Dropped to 2.80-3.00. Eventually sold about 3.00. For back in about the same price and sold at 4.00..
I look back and see 700 but then back in the 400s.
I did ok on that, but it was lucky, and I really say traded. I can see plenty who get in on the FOMO and then get left high and dry!
It was why I took my investment out of SLI. But as it’s up almost 200% what’s in is , as they say , a free ride.
When the BTC miners really break again, I ll sell up most - all but ARGO probably and bank the cash.
Tbh when I get to my target I’ll probably be boring and put most of it in a huge fund or two and hope for 5-6% pa and be able to live v comfortably.
Fingers crossed
And is now knocking on the door of $3!
E3 Metals Corp (ETMC) NPV
Sell:3.03 CAD
Buy:3.06 CAD
Change: 0.32 CAD (11.85%)
Loving this lithium brine. Got VUL SLI & E3. Marvelous
Good luck tyson. Hold , wait for any pull backs and top up. E3 will do an SLI as suggested yesterday.
I'm sure it will drop back at some point towards 2.20-2.30 and then up again. Same as SLI were for 18 months. Quite often very frustrating and you will wonder why its down and for so long and then whooosh. It goes on a ripper.
Well done for buying in early. I see SLI pushing up 10% too.
Yes always the what if, but I will keep my powder dry.
I only have 5,600 shares at an ave of 2.10 CAN$
So about $5,000 up. It’s a good start!!
Tyson -E3 Metals has one of the largest lithium resources in the world ?? ??
The Leduc Formation spans 100’s of square kilometres in area, and is over 200 metres thick, providing E3 the opportunity to expand development into the future ??
Learn more ?? https://t.co/V75pOxHKZB
$ETMC https://t.co/6lmjI9Mlqw
… wish I’d not kept the powder dry..it’s flown past $3 now!
At this rate I’d be lucky to get anymore below $3!
Better than SLI???
A snap shot now would be a guess of
SLI 13.00 to 30/35.00 dollars say 150% from here on basics production from current asset so nothing added or licences issued. That is using buying in fresh from now.
E3 I am guess but
E3 buying 3.00 to 10.00-12.00 like SLI at this point.
So buying in fresh would suggest 250-300% BUT in 18-24 months with no other assets added or tie ins.
Like I said I have been buying and will wait for the drops on E3 - patience - to buy the right price. Standard was up and down all the time at this position E3 finds itself in. Time yet to build big sub 3.00 I guess.
You’re probably right… I don’t want to day trade E3 I suppose I’ll end up averaging up but than just means I got on early (ish) at a better price- many thanks again.
Having sold 1/3 of my SLI I may buy back in IF it drops some.. but TBH I think I will probably just left my profit ride. If it were to double that would be excellent
I will just have to wait… and maybe tetra will also help.. retirement may not too too long off!!!!