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Must confess to not really grasping everything in there and whether it is good or not.
Does having the gold company unlisted devalue our overall holdings or is it better that way.
Thanks for your analysis Munchbox, and your well wishes.
I never said anything about Vincent being here in 5 years time. I never said anything about IRR (or ALL) producing. I just wouldn't exit completely right now.
The reason for that being that I believe there could be a decent resource upgrade or two to come over the next, say, 12-18 months.
If CCLP expanded to 30m-35mt by June 2023 with a stonking DFS then I think it would be job done sail off in to the sunset. That's on the basis nobody has made us an offer we can't refuse by that point.
Hopefully you can appreciate where I'm coming from. I don't want to hold these forever at all but I do want the last 5yrs to prove worthwhile.
Good luck with your trade.
Good old munchbox muppet strikes again with unintelligible diatribe. You don't trust the very same guy that pulled off the piedmont deal???
My humble suggestion is you come out from behind your keyboard, rally your troops and have vincent removed. Im most certain you could do a better job.
In the kingdom of the blind the one eyed man is ruler. Onwards and upwards vincent, get off aim and away from these spivs!!!
bozi, got to hand it to u mate, your either depressed or alone, either way i hope your holding in IRR helps you overcome the sadness.
after so many years and so many false promises you still think VM will be sitting here in 5 years time ? i dont think so, the market dont give a hoots about IRR and nor does the seller who is lumping the heck out each day as if these shares were ona car boot stall.
i guess hes a numpty aswell especially at these prices, i said it before and will say it again... anything near 40p and im long gone, atleast im honest and not a keyboard warrior like some of us on these bb.
fact is a wouldnt trust VM as far as i could throw him but ive only come back because of Piedmont deal and to make a little cuppa as the market is very frothy and theres not much about to make a decent profit.
i really do wish you luck mate and im not talking about shares.
Tesla worth $1trn as investors cheer deal with Hertz which has ordered 100,000 electric vehicles
That's it Munchbox. Buy a few shares back and then start calling the shots for the company on this BB.
Hopefully VM takes no notice of you and retains the other 50% long after you've took your profits. There's much more to be made from IRR keeping 50% of a bigger resource that continues to grow than selling the rest now with a JORC of 14.1mt, particularly with product prices set to remain strong.
But yeah, let a short term trader chasing his bag push for the quickest crudest way to monetisation.
Yes agree with those sentiments and I do not think there was any shortage of interested parties for offtake so that would be another good signal to the market if Vince got another deal in the bag..also it would be very interesting for an update on further drilling..not too sure when the wet season runs from and to so that might put that on the back burner for a while
not2sure, i can assure you i wont be selling any at 17.99p
personally i think the piedmont deal actually makes the current sp a steal and VM might just be waiting for this overhang to clear, it must get annoying especially when your invested in your company and it keeps falling i just hope he does not do those cheap videos again like he used to on a regular basis and maybe the market got fed up as VM sure does love listening to his own voice lol.
can see material movement happening here as the volume in the last 2 weeks has picked up a great deal. looking to add one last batch and hopefully VM can farm out the remainder 50% of ewoyaa for the same amount or more, personally i hope its another partner and someone whos just as big as piedmont
Conventionally it's a good buy price, but with persistent seller, and drift, who knows.
A bit weird munchbox but when i went to look at your trade it was in blue..when i refreshed the page it was red ?
55049 was my trade. Added to my purchases from last week.
Looking to accumulate slowly here. Very happy with entry and average. Come on vince. Wasted my time and money the last time ... surely you can pull a big rabbit out the hat ( one bigger than piedmont) ;))
I'll grant u the SP is certainly special atm
ATB
Hopefully the next few pieces of news we receive will be very special. We need a good boost here.
V quiet from VM and BOD of late. Could do another sit down (interview)
Seems to me major shareholder is constantly dumping stock everytime you think they are finished....more stock is dumped what happens when you stretch an elastic band ....mmmph
The Works where are u when it matters...
This should be interesting...
Hi guys, particularly bullish on IRR, however I am not too experienced within this space.
In my view the company seems particularly undervalued, if you aren't bullish please tell me why!
I know. Deep down I know this to be true, hence while I can't help venting frustration, I know deep down that true value rises to the top like cream in coffee.
the sc6 auctions are a perfect barometer of value. I think its suiting certain 'entiities' to keep the SP low. those rounded sells means some one is keeping it low imo, for a vested interest.
Value is like energy in some respects, it cannot be destroyed, hidden or not recognised yes, but it remains as long as the fundamentals remain stable. they are not stable, they are increasing. gl
One of the largest value growth triggers for the company will be from the Ghana lithium portfolio securing downstream supply chains or a clear path to production. With the current drilling campaign, the project should quickly move into the target zone of securing favourable off-take agreements, and with the extensive footprint that the team are developing along the southern- Ghana coast, the analyst can only see growth in demand from consumers to secure this asset in their supply chain.
At some point Swest, all these giga factories that will have billions invested in them will have to be fed. Having invested all these billions, they will have no choice other than to pay mind blowing sums for lithium, otherwise all those billions will be wasted. Just hope Vincent hangs on long enough to capitalise, and not cash in too prematurely.
another UK factory given the nod
£2.5BN on site of Coventry Airport
Narrative doesn't change. Or will they be giga 'buildings' without enough to feed them?
All reflected in another positive day here, oh...:)
Do you mean hot air, The Works, as you produce plenty of that on here?
I PRODUCED MORE LITHIUM EMPTYING MY GRANDMOTHERS FLAT OUT AFTER SHE DIED.