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Some volume this afternoon and we could go blue having observed foward selling and now at 1.5 times the placing... ::))
Now have cash...
Leave you with my old mate Ned's little Gems
Ignore everyone , including me, set your own targets and if you achieve your target
you can not be disappointed , no matter what happens next (falls/booms again)
warreN EDward buffett
Premium BUY by all indicators on the real LSE, all else running through at 0.09 on the exchange
01.06.23 09:10:51 0.10 GBX 36,913,873 £ 35,068.18 Off-Book P LRGS AIMX AIMX
for newbies, the real exchange on low numbers rounds up and down , so all currently 0.09p
As you see like all the worlds exchanges , they do not use guesswork , buy/sell/unknown like
this site , just print TRADES , they see as both a buy and a sell, eg you the buyer via broker
from the market floor trader MM's the seller. 😉
Good old B.P still retain 18 Billion shares and where £18-£22 a share before
losing billions on the Gulf of Mexico spill and litigations, still commands a
range of £3-£6 in years since.
It's never ever about sp, unless a day trader, it's always about Market Cap, old sp's
worth the same as used T.P, for e.g. orcp currently sits at sub 0.15p , twelve years
ago or so it was crossing 10 real full pence 10p,but today still around the same MC
(All old prices need diluting by the same factor as the placings that follow)
Achievable Market Value , divided by CURRENT share base = Potential sp
Now look at Clon's current MC and do the math, with success, do YOU believe
on success with Lithium , Ghana and or both worth 100m , 200m or 500m+
and their is your sp target as an investor in for the journey, not a trader in for
the next spike...........😉
That was big
IAG has 5bn shares in circulation and are £1.57 per share...............just saying
At least if Ghana wakes up , it should bring in cash and a potential free ride
drill on a JV, with massive potential rewards. 😲🤑
£350k is not covering much across all of those projects , until the next
fund raising.🙄
Its just a standard statement ffs 🙄
It clearly states "petroleum projects in Ghana, Australia, and elsewhere." nothing about salaries or general working capital
And like wise not all RNA's are released first on rns news wire, still around 6
or 7 machines but like all good wires the exchanges own, relays them all. GLA
📰👀
Rns is a news wire , the words and message is an RNA
Put what spin you like on it , it clearly states NEIGHBOURING countries, that is what
was the connection with the other article, pretty obvious really 🙄
as for the bit you added, same on all RNA messages with placings, its for everything
including their wages 😜
What excites me most about the RNS is the very last sentence. Horgan reveals that the IMF has approved extended credit to Ghana. The IMF have an agenda and are in competition with the BRICS nations to secure commodities such as, oil, gas, gold, lithium and other precious metals and minerals. This IMF extention will, as it always does, come with conditions and targets that need to be met. I get the importance of the lithium in Bolivia but don't underestimate the significance of the potential ratafication of the Tano block in Ghana. If that happens then it will seriously dwarf the whole lithium venture...mark my words!! dyor and gla :)
Slight correction to what you claimed RNS stated "The net proceeds of the Placing will be used to advance Clontarf's lithium projects in Bolivia, and neighbouring countries, as well as on petroleum projects in Ghana, Australia, and elsewhere."
I do not want Horgan's attention drawn away onto deadbeat Ghana or Australia or anywhere other than the Lithium !!
Forward sold?....they all do it
when's the best time to offload a placing?.....when volumes are high
From this mornings RNA Message over the rns news wire
The net proceeds of the Placing will be used to advance Clontarf's lithium projects in Bolivia,
and neighbouring countries
and this from March , the ABC Triangle plus Brazil
https://www.bloomberglinea.com/english/argentina-bolivia-chile-step-up-efforts-to-turn-lithium-into-batteries/
🤔💥
Clearly...but after buy with very little movement.
Some big sells this morning 30m x2
Big buys also
Nice entry was a small raising and now company set for news flow............imho
Could it be forwards sold .
we had seen some big dumping last few weeks
Placing forward sold looking at this mornings trades
Placing/ subscription on or around 8th June .
Absolutely! Placing Will be over very quickly
Generally all good news in the RNS only marred by the placing, anyone buying to hold now is getting in at a great entry price