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Didn't hear anything I don't know already but at least It's from the horse's mouth!
So Vince basically said get on the register to get free shares. Then buy at a massive discount and with Ricca it will be multiples of what you buy for. Atlantic lithium will totally focus on our lithium projects. Resource upgrade coming soon and I don’t think it will disappoint. Aimho
Watch our live webinar featuring IRR here - https://www.lse.co.uk/events/
So, in for another £5k's worth. Managed sub 19p yesterday but 19.075 best I could do today. Showing as sells. Ready for take off tomorrow!
Just a test post to see it's not cancelled.
Actual plan is buy now, pre Tuesday night pitch, as the suspicion is that ALL so on it's own will be higher come 23rd than IRR is now, probably not partake in the RICCA RI & put those shares inn the bottom drawer.
Piedmont might know what they're doing but it's all in there own interest. Which is Lithium.
Do Canaccord know what they're doing? They're fully underwriting the Ricca demerger & rights issue. Piedmont will be 10% holders & rights issue eligible. Are they interested in the gold company or will they just be looking to offload at the earliest opportunity, hence holding the Ricca price down, unless Canaccord have a buyer lined up.
Do Ii know what they are doing? They haven't asked me how I want to vote, their site is down for maintenance, it doesn't bode well for their handling if the demerger & rights issue. Anybody else out there with Ii asked them yet?
I just fear being left with a valueless gold company, having to invest more in it to take up the rights issue to maintain any semblance of a decent holding, when I'd rather be putting more into the lithium company.
All hopes left lying with Lithium.
STILL rising. Will follow with a link.
Its gonna blow here one day and if that's sounds like a ramp then whatever make ur own mind up. SP feels like its sealed in a pressure cooker. Keeps ringing in me that PLL casually bought a load at 25p with no qualms at all, do they know what are they are doing :)
#ALL
PS POG looking perky. GLA
Expecting this to drift down to close of business Tuesday & then a sharp spike up to entitlement date. Off loading some other shares ready to top up sub 19p
were and are, are doing this to ggp
Cannot really see one at the moment
Does anybody have any idea who the big seller is? Thanks
Voted just now on my HL account.
'where as'........oops
Yeah, as of now it's UP 2 cents, were as we're down nearly 1%.......... go figure!!!!
https://www.bloomberg.com/quote/IRRLF:US
Finally on otc market and trading today. Should hopefully see sp rise with increased exposure over the pond
Thanks for the reply.
Dear all - Vincent Mascolo, IronRidge CEO #IRR will be presenting and taking live questions at our 16 November webinar. We are live at 6 pm and looking forward to hearing Vincent outlining how the IRR demerger is going to work - and giving some detail on why two companies are better than one. Please register for the event here: https://us02web.zoom.us/webinar/register/7516361219945/WN_JJxz_-voSNuZ25zYx7CnVw"
23rd Nov subject to Agm on the 18th
The cut off date has not yet passed.
Hello All
Would it be possible for someone to throw some light on the IRR/ALL situation.
New to the stock but re the demerger of IRR.
Proactive info says 'Eligible IronRidge shareholders will receive an in-specie distribution of one Ricca share for every eight IronRidge shares held'...
A couple of questions:
What was/is the cut off date for this to happen?
Does it matter?
Take the Fool with a pinch myself, but anything like this that spreads the message no bad thing.
I think one of our ongoing problems has been getting IRR 'out there' into the wider public consciousness.
Related point, one can debate all day the importance or lack of importance of a name, imo the ALL moniker will help us
https://www.fool.co.uk/2021/11/04/3-penny-stocks-to-buy-today-3/
https://twitter.com/Toro_AIM/status/1456149495822028801
I couldn't agree more with Toro on Twitter about how undervalued Lithium Companies are undervalued in the UK. The US market has seen companies increase five-fold over the past year. IRR with huge resources and funding to production has hardly moved at all. Hiving off the gold assets may concentrate the minds, but regardless - there is a huge disparity between US and UK Lithium valuations. The US listing can't come soon enough.
It perplexes me how under the radar and overlooked this stock is. Massively undervalued with huge potential. The project is completely de-risked (fully funded by Piedmont through to production). Located in a stable democratic, peaceful, hospitable western African nation (Ghana) with good infrastructure and smooth access to ports. Has a huge lithium resource, larger than many of these pumped up lithium stocks on the ASX. If it was on the ASX the MCap would be close to $700m. Just wait and see what happens with this stock!!!