The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
It really is sad to watch this board.
You all hang on to every positive word spoken as if itβs going to make you a fortune.
The market does not care a jot about UFO
End of.
With all due respect to my fellow commenters on here, one thing I do try to keep at the forefront of my mind is the danger of us all getting utterly fixated by our own navel gazing. We just have to remember that we are just one small fish amongst hundreds (thousands?) on AIM alone, off the radar probably of even the vast majority of AIM investors or traders. There is not a red telephone sitting on Kim Jong Un's desk, waiting to ring with the latest news of UFO.
"We still see fair value at 2.7p/share as Alien moves Hanc0ck along its development pathway."
It was fair value at 2.7p 3 years ago ?
Max great post
WHI Research Note explains it well:
"WHI View: The JV announced Alien for the Pinderi Hills project values the lithium JV at A$8m β this excludes the potential value of the nickel, copper, platinum, palladium, rhodium, and silver that has already been identified.
At zero cost to Alien, the JV facilitates the investigation of lithium at Pinderi Hills, provides Alien with working capital and leaves Alien free to focus on its flagship Hanc0ck iron ore project.
We still see fair value at 2.7p/share as Alien moves Hanc0ck along its development pathway."
Now that FIRB granted approval of Azure Minerals takeover by $SQM & Gina there is going to be M&A all across Karratha for Lithium after deal fully completes.
Gina is not going to buy Azure and give up the rest of the lithium to competitors.
She is sitting on $19.5bn in cash.
If we want to get in on the Gina lithium M&A action, we need to prove we have lithium & drill asap.
Problem is that we need to focus our time & money on our flagship Hanc0ck project and start construction in a couple months.
This is a strategic JV with Errawarra which borders Azure for Lithium rights only.
Getting very exciting :)
@max aye just don't give me a heart attack with all the halting and then you post this as if its new news lol. Still don't like how in the article it says pidri hills projects and not stating specifically the Li rights only. But in our RNS it does I hope they don't think they have all the hills
Maybe it's someone trying to inject some liquidity into the market because something's coming and there will be demand for the shares - just an alternative view.
@smiller. If you are an investor, it's good to like & retweet to get the word out ;)
"β’ The JV encompasses significant ultramafic/mafic complexes, identified as favorable environments for lithium-bearing pegmatites.
β’ A target pegmatite swarm has already been pinpointed within the JV tenement package."
Max how is this news new ? Tweeted today but isn't this just the news last week?
Errawarra Resources finalizes agreement with Alien Metals for Pinderi Hills project
https://twitter.com/Directors Talk/status/1788510993108324614
Someone was keen to stop this morning's bit of momentum, Slimy Rich maybe?
I love when i smell shorters getting burnt in the morning ππππ
GV would be a good option for Ceo, then again Tony Rivora of Azure may be looking for a new job.
Yep. I'm getting quotes to sell 14M shares all in one go. Shorters are f-d now :)
Be aware they want your shares.
Errawarra bought A$500k UFO shares at premium 0.20p
Lithium boffin Michael Fotios sees carbonate prices reaching US$50,000t by Christmas
https://stockhead.com.au/resources/lithium-boffin-michael-fotios-sees-carbonate-prices-reaching-us50000t-by-christmas/
Lithium consultant Michael Fotios is definitely one to watch. He invested in GRE.
I think he is part of the geo team that visited Pinderi Hills.
Recently liked Linkedin posts on Pinderi Hills & the Critical Minerals event.
https://www.linkedin.com/in/michael-fotios-296182a0/recent-activity/reactions/
Looking forward to Pinderi Hills news. Zero (actually minus zero) priced in for lithium :)
Alien said they were onsite recently could have been geoβs from both teams mapping and sampling. We will find out Errawarra Resources news soon enough they could be updating on an Andover West, Errabiddy or Osbourne. Thomas or George could be joining our board as CEO?
Could be a change of Directors Interests TR, or legal news around their A$500k investment in UFO?
Probably best we all take a small investment in them on Monday, get our 50% Lithium upside back!
Errawarra - probably news on an old tenament that would mean they can focus on newly aquired tenaments.
How do you know they arnt back
Would we not have waited for the cores to come back from the lab before signing the jv. Just seems odd.
No, but same area and very similar geological structure.
What is that from our land that they found at 4%?
π€ i wonder if the results are back from the cores that got retested
Follow the crumbs
They also have trading halt till 10th May - so this could be a great sign for us....
https://www.londonstockexchange.com/news-article/ARV/asx-trading-halt/16458683