JSB Posted June 5, 2018 Share Posted June 5, 2018 Not holding up any better today either. AGY also taking a belting. Not a great period for the ninja and the companies he advises Link to comment Share on other sites More sharing options...
blacksheep Posted June 5, 2018 Share Posted June 5, 2018 Yes, finished the day down another 11.54% @ 11.5c. Noticed someone let the Ninja out and he's working working overtime - gotta get those performance shares Suggestion is AVZ to "barge -> Tanzania -> rail to Dar es Salaam. RIO had similar plans in MOZ - barge coal from Tete - didn't work for them, or shareholders Link to comment Share on other sites More sharing options...
blacksheep Posted June 7, 2018 Share Posted June 7, 2018 I wonder how the cheerleaders will view this? SP down 16.67% presently - looks like it may go sub 10c? Might be a light bulb moment for investors in his other stocks. Rather sneaky also they they posted a Top 20 as at 31 May 2018 showing no one had sold - then bingo Change of DirectorÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢s Interest Notice Klaus Eckhof 4 June 2018 1. 9,500,000 ordinary shares off-market 2. 2,460,634 ordinary shares on-market 3. 5,019,525 ordinary shares on-market 5 June 2018 4. 9,519,841 ordinary shares on-market 6 June 2018 5. 6,000,000 ordinary shares on-market Link to comment Share on other sites More sharing options...
Marana Posted June 7, 2018 Share Posted June 7, 2018 Looks like Klaus just killed DRC lithium Link to comment Share on other sites More sharing options...
blacksheep Posted June 7, 2018 Share Posted June 7, 2018 Cobalt next? Just reading some of the HC posts - someone mentioned needing to sell for tax reasons. Doesn't the man live in a tax haven - Monaco? No excuse other than greed on both sides of the fence - those in the DRC selling the projects to those who buy them and sell the story to ASX investors The ASX is full of mining gurus/magnates making themselves rich on the back of of these stocks - caveat emptor SP now 8.9c - down 25.83% - there will be a lot of casualties left in the wake Link to comment Share on other sites More sharing options...
Marana Posted June 7, 2018 Share Posted June 7, 2018 For me, the penny dropped two days ago regarding the transport costs. I can't believe how negligent I was getting caught up in the all hype; given I have done so much research over the years in transport routes in Africa and Australia.The transport costs would be $450 to $700 per tonne, dependent on the port. For example, in 2013, TGS priced 26 cents/lb from Lubumbashi to Durban (which is the longest route). Add another $100/t for road to Lubumbashi and its US$673/t from Manono to Durban. It seems the only way for DRC lithium to be competitive is a Refinery to export Lithium Carbonate. Link to comment Share on other sites More sharing options...
myshares Posted June 7, 2018 Share Posted June 7, 2018 Makes you wonder about the WFE fanclub now as well ? who would ever follow this guy again I noticed he just installed his daughter into Latitude Consolidated so he has his finger in a lot of pies.. Link to comment Share on other sites More sharing options...
blacksheep Posted June 7, 2018 Share Posted June 7, 2018 That fan club is next cab off the rank - OMHO Link to comment Share on other sites More sharing options...
myshares Posted June 7, 2018 Share Posted June 7, 2018 Although WFE suspends 2 weeks and the AVZ selling is during that period Maybe Klaus is taking a bigger stake in the CR ?? That is what he did with the first AVZ sell down Anyway - take home message is about Klaus in all of this and I wouldnt invest with him.. Langford is in a very difficult situation - must be very challenging to his psyche Link to comment Share on other sites More sharing options...
blacksheep Posted June 7, 2018 Share Posted June 7, 2018 I'm sure his selling will get spun into a good yarn, Link to comment Share on other sites More sharing options...
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