Too late to sell to assore. They aren’t going to want the risk with the government. 33p when spod was higher. expect we’re giving more pie away and lower spod prices they’re not gonna offer anywhere near 33p again. This shares done and dusted, max we could hope to see is 20p. If we decline that we’ve got to search for funding because piedmont have thrown us under the bus and we have no offtake.
That bo**ocks doesn’t work on AIM, usually if people are fearful it’s because it’s a bag of sh*t and worse is to come. All that long term holding bull too, doesn’t work for AIM I’ve realised.
There may be more that want it however they can turn around and say they don’t want it so it collapses the share price even more for a low low ball offer.
We have no legit license, no offtake and an uncommitted funding partner in an unstable jurisdiction. We should have an mcap of around 10-20m. Hindsight’s awesome.
Not worth a carrot, that’s him basically saying we’re not giving you a time until we’re happy with the spod price which probably won’t reach $1,500 for another 3 years.
I’m inclined to agree levs, I’d say 7p is the bottom though before any ratification discussion. 5p on the failed agreement then a 10p buy out from assore.
Ultimately, Ghana ends up with a $1billion arbitration and John mahamas brother ends up with a multibillion $ lithium mine. The tax payers fund the arbitration and the politicians get a nice back hander. AIM is rinse and repeat dilution, drop the shares on no news. Look at Sirius minerals, our government fu**ed over 1000’s of investors when they could of funded the project for a few billion but are happy to throw £100b at a train line that goes a bit faster than a parallel one. Every government is the same. Wa**est country on earth.
How is AIM still running, most corrupt market in the world along with our government. I should have gone to the casino, at least I’d of known the outcome within an hour instead of it dragging on for 5+ years.