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Lomon billions ofcourse*
And apologies now clogging this board! But (and apologies if this is already well known so please correct me) but titanium sands limited on ASX recently announced a placement to fund their project in sri lanka.. in their announcement it states “capital metals (another HMS project in Sri Lanka) recently agreed terms with alimony Billions in China to guarantee 100% offtake and fund 100% of capex of 80m usd for a 40% stake in capital metals.. deal done then?
The timing side that makes this more interesting is that CMET seems to announce news at all hours so even if no 7am RNS like others can come anytime.
Sheffield might win this. LB didn't seem as generous with their terms. We shall see today or next week?
It’s entirely possible this ends up as some type of 3 way deal with both those in talks. Like someone pointed out on hotcopper SFX chat board, Bruce Griffin while at Sheffield, was advising on the original LB JV.
It’s on bottom of LB JV RNS.
“Capital Metals is being advised by Bruce Griffin of Farview Solutions Limited on the potential transaction with LB Group
Let's just say I was LB and I wanted in. I would propose early and caveat with a take it or leave it within 48 hours.
Why wait until 60 days only to be pipped at the post.
Get in early and get it done.
Just saying.
Ando
Been building a small stake here over past month or so as agree it is an excellent proposition.. feel the JV piece is further forward than most (no nothing ever set in stone these days!) but also very insightful posters too Ando etc which help with wider picture. If (as hoped) there is news tomorrow then will surely get a lot of attention here which might also lose that good conversation! Good luck all and thanks for insight from posters.
It's a waiting game. Hopefully, we get news before this time next week. As long as it's a great deal, we'll be all celebrating. Once funding is unlocked then resource expansion and further licences are inevitable. The scale could be massive, this is one of the most undervalued investments on Aim atm.
I'd love to see the announcement before the 60days of DD are up but in reality it's probably unlikely, as the investing company and vendors they're using will probably need the most, if not all, of the 60 days.
We're just over half-way through the DD, with any luck we'll hear before end of April but my guess is 2nd week in May.
Would love to be proved wrong and I'd be much happier if the announcement was well within the 60 days but as long as it happens, I don't care.
Ando - from your lips to God's ears, Express please!!!!!
Setting my alarm for 5am.........
need to create an eloquent, non narcissistically sounding , humble...."TOLD YOU"
GL ALL
Ando
I am praying to log in here at 7am (or later if not loaded first thing) to see an Ando "told you so"
Good luck Sebo, that is genuinely life changing if you manage to move from renting to ownership.
Mines is being greedy and wanting a double house!
I'm sure we are all dreaming of something, except Paul who is here to ground us back in reality (joke)
I will not say anything for 5 days if it doesnt drop tomorrow....but if it drops monday im back in the game
deal??
Ando
Same as you, won't quite be a millionaire but will definitely make an offer on the house we currently rent. It's been run down by the landlord (they often are) but has lots of potential. Let's hope for the bang of the starting gun very soon.
Not quite a millionaire in waiting like you Ando, but if this really takes off then my neighbour will be getting an offer for his house!
GLA
Tomorrow is the big day, or Ando agrees to take a week long self imposed ban for bluffing!
Good morning fellow millionaires in waiting
there will be bumps in the road , prolonged aggressive tree shakes will be upcoming. stay strong.
Hold for gold...........
Ando