Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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New into this share today after a few hours of research following the RNS- mcap is very low for the potential. Looking forward to a move up
Up 40%
Will go up much higher over weeks and months as they keep finding more and more lithium clays.
I like the tight spread - 3.67p to buy and 3.70p to sell. MM's want some shares maybe?
Huge upside with massive resource in a desirable rare earth in demand. Got to go much much much higher.
Agreed. £12mill too cheap for their assets now. £25mill more like it
£12.69M Market Cap is a joke. Should be multiples higher. Too cheap for this high resource of Lithium.
Far too cheap for the massive resources it has in Lithium. Should be 7 pence to 14 pence or more. There is a shortage of lithium. So this has got to go much much higher. Looks like the resources if things go to play could be a lot lot higher. Super value here. Strong buy. Big upside from this level. Best value out there at the moment. Little downside risk now. What beauties these are.
As per the Gross Overriding Royalty Agreement ("Royalty Agreement") with the Lithium Royalty Company ("LRC"), this new contained LCE Tonnage which is well over the contracted threshold of 1Mt, has enabled the Company to trigger the payment of US$2.5 million from LRC. The Company has requested this payment be made.
Great numbers and cash coming in with another $3m to follow with more drilling. huge potential at basin and San Domingo. If the market doesn't start paying up on of these Canadians will use paper and take them out.
Because. The total new Mineral Resource now comprises 17.0 million tonnes in the Indicated category at 940 ppm carrying 85kt LCE and 210 million tonnes in the Inferred category at 900 ppm, carrying 1,000 kt LC.
And 2.5mill dollars cash coming very shortly
Feel re assured my average of 5p should now be reached at some point.
Up 20% now
Up 16%. Buy it is not enough. Should be 6-7pence minimum. Maybe more. This company will be taken out by bigger players. Fully funded. Excellent entry
What dragged the sp down? I used to watch this share but it fell if my radar and I’ve just seen the massive decline over the last month or so
The total new Mineral Resource now comprises 17.0 million tonnes in the Indicated category and 210 million tonnes in the Inferred category.
All upside from here. Little down side risk. Fully funded. NICE
Fully funded and with bigger resource. All good. Strong buy.
"Cash position"
"Bradda Head has sufficient cash reserves to carry out its planned 2023 drill programmes and we also expect that Bradda Head this year will receive its second royalty payment from LRC of US$2.5 million once we release our updated resource at Basin following the initial results from the current drill programme there."
https://www.lse.co.uk/rns/BHL/open-letter-to-shareholders-lqqpa5a10sj95g7.html
"Cash position"
"Bradda Head has sufficient cash reserves to carry out its planned 2023 drill programmes and we also expect that Bradda Head this year will receive its second royalty payment from LRC of US$2.5 million once we release our updated resource at Basin following the initial results from the current drill programme there."
https://www.lse.co.uk/rns/BHL/open-letter-to-shareholders-lqqpa5a10sj95g7.html
It'll be a lot higher in the next 6-12 months for sure. The pending royalty payment is what's keeping it down short term, but once that is in the bank it'll be free to go back up for a long run.
Yes excellent opportunity here at this unrealistic level, mops up while you can before NT
Bought some on the drop. Kind of the market makers. Will sell back to them in the not so distant future at many multiples. Everyone wants lithium. And we got it. Strong buy at these levels.
As it stands BHL accounts for only 0.12% of my portfolio, so although watching, I don't really have a dog in this fight. Investors thinking of opening a position here will do what they think is best, I would however advise caution. It remains for me a very high risk speculative investment, with of course the 'potential' of high rewards if one is willing to sit on ones hands for at least the next 5 years.
At the last online webcast it was stated that a fund raised was not on the cards and the a large royalty payment was due, but who knows. Nov there’s a meet the company meeting hopefully we’ll get some good news before then on the royalties.
I opened a small position here a while ago. I see potential, but am still very cautious. I only hold 12680 shares which are currently down nearly 78%. I have frequently been tempted to double or triple my holding to average down, but it just seems to continue down. Unfortunately it is still a very early stage explorer/miner, and I cannot at the moment see any clear pathway to production. I like the geographical location, and the political stability. If/when things become clearer I will add more, but at the moment I don't view a low SP as the same thing as cheap, and it remains on my watch list.
This share does go up and down in large swings. Until their updated MRE is out, I think it's going to be subject to fluctuation. Looking forward to having the MREs out for the clay and rock so we know where we stand. The last results from the clay were extremely promising.