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Those that can do, those that can't JV
JV coming JP.. watch this space...
I'm really annoyed about Awkward & the graphite deflection when targeting Ni PGM and the audacity to post mineralised core photo's on Twitter turned out to be a C o S.
There's a rapidly approaching problem on Obonga which is they have 18 months to complete 8,000m of drilling and frankly you'd have to be pretty dumb to fund it.
A few good buys will sort it
The last 2 days price action on such minimal volume means nothing g but sentiment is down
To be fair to Darren, the problem on this occasion is that the drill bit didn’t come up with the goods. It’s actually pretty unlucky in my view to discover a VMS cluster which then turns out to have no valuable metals in it. Can’t see how Darren was supposed to know that except by drilling
Yes, I have a question ...
Why should we believe Darren any more?
I'm now more than 45% down on PALM and see no upside. Every announcement or interview leaves me feeling my gaze is being directed to a message painted on the side of a bus, that I'm being being sold a Brexit by a Boris Johnson.
I will take you up on the offer, thanks.
Are there any plans for an interview with Ben Turney @ Kavango Resources, its the junior explorer that's not very good at exploration?
If ANYBODY wants to e-mail me questions ABOUT any aspect/subject regarding PALM please do at davidburton.tms@gmail.com. Maybe some aspects of the business/strategy are confusing or a little complicated and need expanding on in a Q&A session/Interview??
I will forward any questions/points/issues onto the BOD. Any constructive feedback is always welcomed by the Company...
The offer is there.
David Burton
Still holding a CORE here...but a lot less than I used to have.....it would be nice to see a turn around and more share buying activity to support a rising SP for a change. still worth holding for FOMO...and there is still PNT to help support our M/C!!
Tell Darren that he could save a lot of time if he likes Graphite...but getting Kerrim's permission to spent what little we have left from the last raise after expenses......and buy some GROC.L
I posted on this yesterday:-
"So £12bn ???? in situ with a market cap of £6m.....lol! £12bn @5% = SP of 535p...about 100 fold increase.
• Amitsoq-Kalaaq graphite project: MRE c. 23 million tonnes of ore x c. 20% grading = c. 4.6 million tonnes of graphite in-situ. x c. USS2,000/tonne = c. US$9 Bn. in-situ.
• Thule Black Sands heavy mineral sands project: 185M. tonnes of ore x 8.5% ilmenite grading = 15.725M. tonnes ilmenite in-situ. x US$200/tonne = US$3.145Bn.
Am I way off?? lol."
GLA
Not immediately
Im asking a genuine question about PALM as ive taken a small position here. If they recently had a raise, where has all the money gone .sounds like a new raise cant be far off.
Can’t see a raise coming in Palm. Only recently raised at 5.5p… I’m expecting further news flow here within a couple of weeks. I asked a genuine question in HARL and I’ve got some responses from the grown ups on that board. I thanked them and have dipped my toe in. You are clearly concerned about HARL but I hope you have no need to… Run along now, your mother is calling you to have your milk.
Hi Ragnar, Thanks for visiting HARL. What a great company with a £1.62 billion contract with the MOD and many more to follow. £25 million cash coming in this year alone . Looked at PALM. No revenue, operating loss and no cash. Looks like an immanent discounted placing to me. What do you think.
Call it the 6th Sense Levi... but we shall see soon enough :)
And the gold at Manitou Lakes Metalhead.
Lol bitcoinbuyer you are obviously seeing something the rest of us aren't.
I’m afraid I think Obonga is dead for now (note Darren’s only comment about next steps in the Stockbox was that he wants to chat to the First Nations again). I expect the company will try to pivot to the nickel prospect at Dotted
The steps will be the ones the long term holders are hoping for.
https://twitter.com/PantherMetals/status/1621052092218580992?s=20&t=8CPf9riusHOFid-7PGuaZg
Great news... sure the next steps will be the the long term holders.... would like
Black Swan event...... VMS camp... VMS everywhere... 2.5 hrs from Thunder Bay... Graphite...
Lots going on ... SP under pinned by PNT on the ASX.... Fulcrum listing.....
Next steps..... option 90% of the greenstone belt....
Watch this space...
As the Carlsberg analogy.... probably the most undervalued Company ..
No brainer to fill your boots down here..
ATB
Well Darren is describing it as a Black Swan Event which apparently surprises and has a major effect. I don't see either at the moment.
Stock Box interview out.
It only derisks the licence if you think that a bigger company will come in off the back of these results. Can’t see it myself
I thought that from the start but Darren was convinced.
The main take is that there is now two VMS on Obonga which continues to derisk the licence. But I think people realise there will need to be a lot more drilling and more dilution.
Of course also it is further confirmation that we spun off the wrong jurisdiction :-/
I think a strategic review is required on the Obonga green belt.
I’m extremely disappointed with today’s results. The 3.6m of “commercial” zinc is clearly not commercial at that width and at 120m depth in the middle of nowhere. In other circumstances you’d be tempted to say “well, there could be much more to be found” but we’ve now drilled 7 holes into Wishbone and this is the only snippet of proper mineralisation we’ve found - basically the rest is iron. Survey we’ve only done one hole but what we’ve found is clearly not commercial - it’s just a very low grade drill result. I had the highest hopes for Awkward, yet it seems all we’ve found is some graphite. Oh dear