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Hi airbourne ,
PaulFG tries to keep my feet on the ground and i try to lift his. lol
its all in jest buddy
Ando
Exactly, that’s how I remember it. The DD was for the transaction to complete, not 60 days of exclusivity… that’s how it reads to me anyway
I am sure within the 60 days we will know whether an agreement is likely to be concluded (worst cast scenario).
When you look at the resource and the willingness of the authorities to support, i think this is an amazing risk reward scenario. Nothing is ever guaranteed anywhere. this was 20p and had a mcap of £20million and we are much further down the line. GLA>
Let’s keep this board away from turning into a cesspit like some of the others! No personal insults chaps, if you’d please.
Lol, OKay sorry guys - bad morning, hayfever I think - enjoy the moment.
"Discussions have continued positively with LB Group in parallel with Sheffield, albeit more slowly than the Company would have liked. The Board considered it was in the best interests of all stakeholders to entertain an alternative offer of funding which could either be complementary to a transaction with LB Group or stand on its own. LB Group has therefore been offered co-exclusivity with Sheffield for 60 days to conclude a funding transaction with the Company substantially on the same terms as the Memorandum of Understanding announced on 9 May 2023 ("MoU")
Oh FFS, PaulFG
not only is you glass half full, it has a hole in it and the half full glass is draining the out of date curdled milk you have in it.
try to smile once in a while, be positive.
today is a good day...so far.....we should start to see many like this, this is going one way and just because you sold the majority of your holding at below 3p dont hold it against the rest of us.
cheers
Ando
Paul, do you get out the wrong side of bed every day? 😆
Great to see the SP being supported, currently, but all this talk about EUA share price increases and comparisons to a giant like Kenmare is meaningless. Kenmare only go for resources that have 100yrs potential productivity btw.
Comparing this situation to the share price activity in EUA is not useful, you have to look at all the variables, mainly: market cap, commodity, jurisdiction etc.
so not to rain on parades but this is utter rubbish to compare the value of grapefruit to that of a cart-load of pineapples.
Anyway, I do hope the agreement is concluded within that 60 period but I would remind people that the 60 day period only refers to the exclusivity granted to LB & Sheffield it does not mean they have to conclude the agreement within that time period.
Huge potential here, a signed JV would send the SP skyrocketing. Then further down the line the rubber stamping of the other mine licenses, further kaboom. Then expansion of agreed license, through the stratosphere.
We can dream....
Hope so SMKR, its defo doable with many similarities
Whatever rocks your boat,
Are people happy just now???
Then blaggerman or not, we are making £££££
Have faith buddy, rubber stamped is not signed.
I’m in this for the long haul, 20p is attainable but imho I think CMET even at 40p is undervalued… GLA and here’s hoping we crack double digits in the very near future
Ando’s EUA moment incoming
“Peer companies to #CMET are valued at £300m (eg kenmare) so this has got multiples written all over it from this price. Cmet is valued at £15m currently with some incredible grades and expansion to follow”
https://x.com/rich_millbank/status/1780516471338131784?s=46
Ando,
I really hope you are right as I've been in this since the PAL days when it got suspended for months !
However, your post on 12th April said the JV had already been 'rubber stamped' and will be confirmed in an RNS this Friday. If a signed deal has been agreed then it doesn't matter whether another party comes in with a much improved offer. The deal has already been done.
Let's have a bit of consistency BlaggerMan :-)
ATB
Looks like some others think so as well........up over 10% as i write this.
GL ALL
Ando
Come on lets break 5p. onwards and upwards after that!!!
Hope so, thats the plan.
the only way its not happening or being prolonged is if the "other" party comes in with a much improved offer................not outwith the realms of possibility, both know what the other is doing and Sheffield, because they will own about 17% soon have played a blinder.
Still on course for Friday Ando?
Time will tell
gl all holders
paul
I've seen £60M market cap on hot air. This company has a massive resource potential - much bigger that what's on paper. Everyone in the industry and government knows this.
To expect this, with the current measured resource, to go from a market cap pf £15m to £68m in 10 days is ...well.. fantastical
Thanks for your read on this, Ando. I was thrown by the 25% we saw go last Friday, which I had wondered if it was an NED or such shedding off before a closed period. Now I’m not so sure.
This has been a traders dream lately as it moves on such small relative volume.
My Last promise on an RNS within 48 hrs was legit, everyone laughed and said i was an idiot........i was correct, and to be fair people apologised........i announced this would happen about 5 weeks ago.
look at the buys........nobody buys £500 , £750 , £1000 to make £50 in 24,48,72 hours do they.......they are in for a MULTI- bagger, and why would that happen????
because they know, like i do that its coming.
within 10 days this will be 20p at the very least....potentially over 30p if the big boys hear about this movement today.
i also own quite a sizeable holding here, not in the hundreds of thousands i count in % of the company.
trust me
Ando
I got so exciting here in the gym I didn’t finish my post!
I hope the news to come flows in the right sequence for sp development, and that anyone who’s been in this through those tough sub 1p days gets out what they wished for!