Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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I think alot of the new investors that bought shares recently are now seeing that imminent means something else to Andrew Bell than the wider population
Robin - the difference between some of us is that when something doesn't work out i accept it and move on. Think about that.
Fact check-it is 'imminent' but the issue is--When will the other side sign? today or 6 months from now.
Unless there is a process in place to force the other side to sign then the arbitration process is useless
Trade try ringing Andrew up regarding the $7.5m settlement. He will probably tell you it is imminent. Ha Ha.
With 1 fully permitted Lithium licence and another 3 close behind. We are perhaps one maybe two rns's away from a substantial rerate now. Very good times ahead for all shareholders I hope, old and new.
Come on Andrew lets have the $7.5m signed and product shipments commence.
Atb
Agreed Trade you are right.
On DRC Andrew is clever he uses Vox Twitter anything but official channels. Over 15 months he's said similer ready to sign etc repeatedly He actually spent 9 months negotiating with someone who did not have authority and had inserted themselves in the process. He did RNS that !!!
I suspect he's dusted down the old story line re funding is imminent on DRC to drum up support and the SP. He has done that a lot over 15 years.
Still if Zimb is as good as you all think it is - you won't need DRC.
With everything in place we can sell once we pay just $200 with the EIA licence/permit in place which we have. RNS next week please to state that we are selling the stockpile ::))) Security already on site
'we have the wind in our wings and strong official support' and get licences for all four lithium deposits as soon as possible
We have the EIA/environmental permit and can sell the lithium stockpile with security already on site...
Interview well worth a listen
2x 5 m and a 4m gone through
4 minutes in
According to Andrew Bell on VOX markets a week ago the draft is ready and both parties are ready to sign which should release $7.5M. That would blow the roof off here....
https://www.voxmarkets.co.uk/media/649428d298d6cd6945650701/
@banbury to be fair the Lithium licence has only just been granted so on that it would be very unfair to judge him 15 months ago. We can however judge him going forward on that now and how quickly he moves it to production. Regards the DRC payment i take your point, has been a while coming. Still at £4m mcap with the increased shares in issue the risk reward remains heavily skewed to the upside, the next few RNS's should be the making of the company.
I hope you are also able to recover your investment and more.
Atb
My favourite is DRC $9.5m listed as realising soon.
15 months ago it was imminent.
The Lthm might go well but those expecting DRC to come good are on a wing and a prayer.
I think Bell only keeps it alive to bolster SP for the inevitable fund raise.
163M traded today 166M yesterday. So twice the raise volume in two days now 0.2p back on the Ask. Amazing churn...One 0.21p goes we're off...
I've sold all my KOD the last earlier this week because if there is a delay RNS it will hit the sp hard thus providing a further opportunity to buy in and off we go again.
So far there is no news of delivery payment if news does arrive I'll still re invest.
Meanwhile here the dilution happy Mr BELL ,much as I do not like his untrustworthy approach to business provides a decent trading opportunity for those prepared to take the risk.
And to add further balance Trade the same project list was included 15 months ago with a 5p target [ even less shares) by the same broker
The list of assets remains the same e.g he has got nothing over the line in 15 months.
For balance that is still 1.8p equivalent accounting for the increased shares issue since January 2023 when that broker note was issued.
2.8p target issued - 1 of 4 lithium licences going into production now. That target is not too stretching if AB can follow through now and get this 1st licence shipping out product.
KODAL $100MIL+ PAYMENT COMING BY END OF TOMORROW
Would have sounded ambitious; but in the light of recent events, seems quite possible :)
Research note from Feb - worth a look....
https://twitter.com/AiMMoves/status/1674351397897216001?s=20
Thank you, appreciate it :)
130M now crumbs. Thought yesterday was ace hitting 166M but we're gonna smash that. On course for twice the placing volume in 2 days. Any positive update from Andrew and it could get silly. Was 0.7p a year ago
Big volume here today...feel this pops today!!