LU7 0.00% 1.6¢ lithium universe limited

Ann: Michael Rubinelli joins Mogul as CEO, page-280

  1. 7,650 Posts.
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    Yup - I am trying to work out if I should buy more now at 1.2c or put lower as it seems people are impatient but I am in no hurry and very difficult to pick the bottom however I am on the sooner rather than later as they must be working on a fair bit in the background to get this sort of board and this sort of board would also have amazing connections & experience.

    If the team can execute and do a half as good a job as they have done previously with other companies, I will be very happy but might regret not buying more lol - alas everything in hindsight makes things a lot easier.

    To think the company is trading less then the announcement of Cameron Adams joining the board where it went to 1.6c and settled about 1.4c IIRC. Yet now there is Michael & Kate on the board with a Microsoft deal and the best qtr with record revenue and 1/2 the costs AND have got more potential global deals they are working on it seems silly not to buy more. I know I am not going to get the lowest price (0.5c was my lowest) but I see the business as far more valuable than when Cameron joined or when they raised at 1c which i think the SP was about 1.2c at that time.

    Got 12 months in the bank by the looks of it, revenue increasing and cost decreasing with global partnerships and this board that really should be sitting on a mid/large cap not micro. I am happy to wait and like I mentioned previously they are well ahead where I thought we would be when I first bought in last year after they did their silver slam tournament which was used as a proof of concept or the platform works to larger businesses.

    Be interesting to see how the next few months play out with announcements as I feel they must be close on some of these global partnerships since they have been working on them for a couple of months however I can tell by looking at the qtrly with the record revenue that they are busy and kicking a number of small goals whilst they work through the bigger ones too!
 
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