The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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I suppose i was hoping for a blockbuster RNS where G11 and/or Glencore came knocking at our door with a stupendous offer for our share of the project. Maybe the next drilling update later in the year....
Good news :-)
Drill results could drop at any time now surely?
GL.
Completely worthless administrative leech, needs sacking and replacing with someone capable of spelling their own name, which frankly I wouldn't trust JT to do.
You must be a newbie here! Teeling has been running this company for 14 years (I think?) and what progress has been made in that time? Hands up those that think Teeling has been doing a decent job on behalf of shareholders? Hmm....
I’m thinking exactly the same. Only Stonepark will save us and make us shareholders happy (imo).
What happened here then? Why the beasting?
Lat's just hope that Stonepark drilling is not a dud! If we are relying on Teeling to take the company forward we're in trouble. Plenty of sellers since yesterday's RNS seem to have similar concerns....
Mr. T on stockbox today.
Very subtle hint at the end that looking to sell Zinc / Stonepark and go into lithium.
I may have imagined it but that was my gut feeling
Stonepark / Pallas Green is a different part of the country, better suited to mining and more supportive.
However objectors in the sunny southeast have been coming out against lithium exploration
https://carlow-nationalist.ie/2022/01/11/locals-object-to-lithium-mining-on-the-carlow-wicklow-border/
Stonepark is the only game in town for LTHs!
I had to chuckle at Teeling's comment ('Prospecting will resume in the near future') which probably means he'll get around to doing something in 2024....lol
DVH I agree - IMO lithium is a sideshow here for now at least (though I think Glencore may disagree with the opinion of the poster below regarding Ireland's credentials as a jurisdiction for business!).
Me, I'm awaiting Stonepark news...
I noticed that a number of short term traders jumped in early doors and then sold out at a loss. A few burnt fingers lol The only RNS that will re rate the SP (imo) is the offer to buy our share of Stonepark!!
Group11 needs to make an offer for Arkle and get a London listing -http://www.groupelevenresources.com/investors/capital-structure/
Glencore 22% and Mike Gentile 17% need to make a 1-1.5p offer - win/win for both companies
What is this company doing? Those grades need to be x100 more to be interesting for lithium potential from pegmatites, i.e. 10,000-20,000 ppm. If anything it shows that they are well away from that and given that it would be an extremely difficult part of Ireland to permit any sort of mine I think they are just wasting shareholders money. Most Irish geos I know have given up on Ireland, it has become difficult with a lot of opposition.
If investors want an early stage lithium play they should look elsewhere like Cleantech Lithium (CTL) in Chile, probably a safer jurisdiction than Ireland for mining investment, excellent upside and broker target 3x current price with real resources and excellent management.
This is just another 'scrape the bottom of the barrel' release so they justify their existence..
Found at mine river and Ark are 'delighted'.
Let's hope we are 'delighted' by the SP but sounds very positive.
GL.
Doesn't feel like we are on the cusp of company changing news from Group 11 (might even get the 'promised' update on Mine River lithium from Teeling, although not holding my breath lol)
miners having another good day, except ARK of course. Lead by the old man Teeling who can't even get his Mine River lithium update out to market on time. Good job its Group 11 runing the latest Stonepark exploration otherwise the share price would probably be close to the 0.4p placing price. 2023 the year we sell our share of Stonepark AND Teeling is put out to grass...
Giving MR.T the benefit of the doubt that the festive season may have gotten in the way.
That said the lithium update is imminent.
Hopefully Teeling back to work after the Xmas break next week and maybe someone in the office can give him a nudge to remind him he owes shareholders an update from Mine River ('expected' last year!). Group 11 should also be close to providing the Stonepark drilling update...
They have been undertaking other drilling campaigns but it would be nice to see our share price going up reflecting confidence in soon to be released updates on Stonepark drilling...(Teeling, where is the Mine River lithium update that you said would be released before the end of last year?)
I have Group 11's share price on my watch list, and note that it was up 30% yesterday.
Maybe unrelated as they have plenty else going on besides Stonepark, and it isn't the most liquid share in the world (Glencore own a substantial chunk of course) but maybe worth keeping an eye on it...
MMs remain keen to take our shares. Offered 0.6350p for 600k and 1m+ for 0.6110p....
STONEPARK ZINC
• 23.44% interest.
• Relatively shallow deposit occurring at depths ranging from 190m to 395m.
• Spectacular grades - 5.40m of 25.0% zinc and 7.2% lead at Stonepark North.
Teeling, get the 'promised' Mine River lithium update out. It is now 2023.....
white knight required, or maybe a chinese dragon?