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Post by Ace on Jul 28, 2023 15:53:01 GMT
Any thoughts on this Green Lithium investment: www.seedrs.com/green-lithium/sections/investors. I'm aware of the general advantages and pitfalls of investing in startups through EIS, and in using Seedrs. I'm more interested in thoughts about the company and its likely success, or hearing from anyone who has decided for or against investing. greenlithium.co.uk/ |
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Steerpike
Member of DD Central
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Post by Steerpike on Jul 28, 2023 17:04:35 GMT
Any thoughts on this Green Lithium investment: www.seedrs.com/green-lithium/sections/investors. I'm aware of the general advantages and pitfalls of investing in startups through EIS, and in using Seedrs. I'm more interested in thoughts about the company and its likely success, or hearing from anyone who has decided for or against investing. greenlithium.co.uk/It looks interesting, quick glance obvious questions are: - £50m valuation - why? - Spodumene supply - why would e.g. Australia ship concentrate to the UK rather than processing it itself?
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Post by Ace on Jul 28, 2023 17:11:21 GMT
Any thoughts on this Green Lithium investment: www.seedrs.com/green-lithium/sections/investors. I'm aware of the general advantages and pitfalls of investing in startups through EIS, and in using Seedrs. I'm more interested in thoughts about the company and its likely success, or hearing from anyone who has decided for or against investing. greenlithium.co.uk/It looks interesting, quick glance obvious questions are: - £50m valuation - why? - Spodumene supply - why would e.g. Australia ship concentrate to the UK rather than processing it itself?That question has been asked on Seedrs, but not yet answered.
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michaelc
Member of DD Central
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Post by michaelc on Jul 28, 2023 17:13:50 GMT
Any thoughts on this Green Lithium investment: www.seedrs.com/green-lithium/sections/investors. I'm aware of the general advantages and pitfalls of investing in startups through EIS, and in using Seedrs. I'm more interested in thoughts about the company and its likely success, or hearing from anyone who has decided for or against investing. greenlithium.co.uk/I would never even look at an investment proposed by someone still heavily involved in p2p/social money lending.
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Post by Ace on Jul 28, 2023 17:20:15 GMT
Any thoughts on this Green Lithium investment: www.seedrs.com/green-lithium/sections/investors. I'm aware of the general advantages and pitfalls of investing in startups through EIS, and in using Seedrs. I'm more interested in thoughts about the company and its likely success, or hearing from anyone who has decided for or against investing. greenlithium.co.uk/I would never even look at an investment proposed by someone still heavily involved in p2p/social money lending. Perhaps you're frequenting the wrong forum. I wasn't proposing anyone else should invest. I was asking if anyone else had considered it, and if so, what their conclusions were. I would never take advice from someone who's only purpose in life appears to be, to be as antagonistic as possible.
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michaelc
Member of DD Central
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Post by michaelc on Jul 28, 2023 17:25:58 GMT
I would never even look at an investment proposed by someone still heavily involved in p2p/social money lending. Perhaps you're frequenting the wrong forum. I wasn't proposing anyone else should invest. I was asking if anyone else had considered it, and if so, what their conclusions were. I would never take advice from someone who's only purpose in life appears to be, to be as antagonistic as possible. You are invested in at least Somo and possibly others knowing that at least 4 platforms have failed. Those 4 were headline platforms on this site and still exist in the "gone belly up section". I am not offering any advice nor bringing other investments to the table.
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Post by overthehill on Jul 28, 2023 17:34:04 GMT
I would never even look at an investment proposed by someone still heavily involved in p2p/social money lending. Perhaps you're frequenting the wrong forum. I wasn't proposing anyone else should invest. I was asking if anyone else had considered it, and if so, what their conclusions were. I would never take advice from someone who's only purpose in life appears to be, to be as antagonistic as possible.
Might be wrong but I think the someone 'still heavily involved in p2p/social money lending' might refer to potential advisers not you.
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ozboy
Member of DD Central
Mine's a Large One! (Snigger, snigger .......)
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Post by ozboy on Jul 28, 2023 18:39:16 GMT
Any thoughts on this Green Lithium investment: www.seedrs.com/green-lithium/sections/investors. I'm aware of the general advantages and pitfalls of investing in startups through EIS, and in using Seedrs. I'm more interested in thoughts about the company and its likely success, or hearing from anyone who has decided for or against investing. greenlithium.co.uk/CORRECT! From experience, they would have learned, and would employ, far too many profit enhancing, errrrr, "wrinkles". 
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Post by Ace on Jul 29, 2023 0:12:52 GMT
You are invested in at least Somo... Yes, I'm aware of that. An investment that has proven to be profitable for me, and for everyone else who has ever invested in them, including yourself. ... and possibly others knowing that at least 4 platforms have failed. Those 4 were headline platforms on this site and still exist in the "gone belly up section". Yes, I'm also heavily invested in S&S in the full knowledge that at least 4 companies have failed, resulting in total losses for their shareholders.
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Post by Ace on Jul 29, 2023 0:27:35 GMT
I would never even look at an investment proposed by someone still heavily involved in p2p/social money lending. CORRECT! From experience, they would have learned, and would employ, far too many profit enhancing, errrrr, "wrinkles". From my 5.5 years of investing in P2P I have learned many things. Not all good. From my experience I have learned that my P2P portfolio has outperformed my global S&S trackers and has been far less volatile. It's also provided me with consistent liquidity for my needs. Not something that I expected at the outset, and possibly due to good fortune in avoiding the worst of the earlier scam and incompetent platforms. I see the frequency of these rogue platforms reducing and the number of platforms proving that they can provide consistently good returns for their investors and themselves increasing.
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ozboy
Member of DD Central
Mine's a Large One! (Snigger, snigger .......)
Posts: 3,156
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Post by ozboy on Jul 29, 2023 10:02:20 GMT
CORRECT! From experience, they would have learned, and would employ, far too many profit enhancing, errrrr, "wrinkles". From my 5.5 years of investing in P2P I have learned many things. Not all good. From my experience I have learned that my P2P portfolio has outperformed my global S&S trackers and has been far less volatile. It's also provided me with consistent liquidity for my needs. Not something that I expected at the outset, and possibly due to good fortune in avoiding the worst of the earlier scam and incompetent platforms. I see the frequency of these rogue platforms reducing and the number of platforms proving that they can provide consistently good returns for their investors and themselves increasing. From my experience, yes, everything is just fine & dandy, until the P2P Platform hits rough seas. Then their priorities very swiftly change, and both the Law and the FCA "assist" them in fleecing Lenders to the bone. And, being P2P, there is NOTHING you can do about it. I wouldn't touch P2P with a bargepole for this reason, and haven't for five years or so.
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Post by Ace on Jul 29, 2023 10:23:58 GMT
From my 5.5 years of investing in P2P I have learned many things. Not all good. From my experience I have learned that my P2P portfolio has outperformed my global S&S trackers and has been far less volatile. It's also provided me with consistent liquidity for my needs. Not something that I expected at the outset, and possibly due to good fortune in avoiding the worst of the earlier scam and incompetent platforms. I see the frequency of these rogue platforms reducing and the number of platforms proving that they can provide consistently good returns for their investors and themselves increasing. From my experience, yes, everything is just fine & dandy, until the P2P Platform hits rough seas. Then their priorities very swiftly change, and both the Law and the FCA "assist" them in fleecing Lenders to the bone. And, being P2P, there is NOTHING you can do about it. I wouldn't touch P2P with a bargepole for this reason, and haven't for five years or so. All fair points. I fully understand that those who have been burned by the scandals would keep away. And I also fully support your condemnation of the FCA's ineffectiveness. I don't believe they've made much significant improvement during that time, and that much of their tinkering with the regulations has actually been counterproductive. I do however believe that there are now many platforms that have proven themselves to be honest and trustworthy. They've provided much calmer water for me to sail on than the high seas of my S&S investments. Though my P2P journey has had some malestroms (Yes you ABLrate), so I haven't been immune.
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Post by wiseclerk on Jul 29, 2023 13:59:02 GMT
I have invested a small amount. Well, it is not really an "investment" but kind of an ticket out of interest to keep me updated. The discussions (on the pitch) have been really informative.
And they got the planning permission last week, which was a potential roadblock (though they were confident on this).
The main point where I have doubts is why the refiniery should be located in the UK, where there are high labor cost, high land cost and probably higher energy costs rather then close to the supply of the raw material. But this has been discussed at length in the picth discussion so I won't repeat it here.
From an investment perspective I don't think the pitch is really that interesting as it is very long term and lacks the potential to scale very fast, which is usually the appeal of the finance/software/SAAS pitches I mainly invest into at Seedrs.
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keitha
Member of DD Central
2024, hopefully the year I get out of P2P
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Post by keitha on Jul 30, 2023 10:42:28 GMT
if the "ore" is brought here for processing doesn't the UK then have to dispose of tonnes of spoil
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Post by Ace on Jul 31, 2023 12:19:14 GMT
It looks interesting, quick glance obvious questions are: - £50m valuation - why? - Spodumene supply - why would e.g. Australia ship concentrate to the UK rather than processing it itself?That question has been asked on Seedrs, but not yet answered. A detailed answer to this question has been provided on Seedrs. The level of detail in response to this and all other questions has impressed me, though I have no specialist knowledge in this area, so could easily be misled. The, clearly informed, questioners do seem to be satisfied with the answers provided. I've decided to give it a go.
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