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We’re being hung out to dry here, they must have price sensitive information if they aren’t communicating either good or bad. It’s been a week since Saudi they must’ve had one interview there surely unless it was a completely pointless trip. If they aren’t in Ghana, why not? Should be sitting down with the new MIIF ceo asap.

I’m just going to stop looking at properties abroad for now😂

Assore had £500m in the bank in 2023.

A 50p bid would cost them around £240m.

40p - £195m.

30p - £145m.

All scenarios would leave them with plenty of money to build the mine and potentially a refinery, profits would be multiples of the current NPV. Can’t underestimate how valuable this would be for them.

Or create a strong relationship with us to explore and mine the potential $150b worth of lithium together!

Another stipulation was the lithium refinery, creating further revenues for Ghana. Great opportunity for Ibrahim Mahama (John Mahamas billionaire brother) to step up and partner with us, weren’t MIIF and assore both named as potential offtakers?

John Mahama imposed the 5% royalty law and our deal smashes that.

Seriously what more can they want, go ahead and explore for yourself now, we have our license we will stick to them.

Surely he’s getting his information from somewhere to say that? Mad how former MIIF ceo is still on the board of directors, why have we not heard anything it’s beyond a joke.

With ratification it would be assores time to pounce before merger co commits in my opinion, I’m expecting them to bud shortly after. It is a pivotal week, interested to see who they make minister as that really could be key.

You’re not cracking are you lil peep?! I’ve tried a few times to find information on the committee, how many ndc members/who but I can’t seem to find anything. It’s could’ve all been for nothing. We definitely need an update, when was the last interview?

Neil said January, let’s hope so this time… everything went really smooth up until ratification and we soon forget that, me especially. Fingers crossed this isn’t just another AIM cowboy. I’d like to hear from the board this week on Saudi, rat, MIIF ceo, offtake progression or it’s gonna start stinking around here.

Between illegal gold miners and Ashanti? Shouldn’t bother us too much, makes us look better if anything with how professional we’ve been towards the community.

I don’t think rat will even bring that much upside potential, I said it with the mining lease. Might reach 25p with a little anticipation and a spike on the day then return back to 17/18p still a long way to go after that. FID, our own funding, MIIF investment, 2 years till production 30p, 40p full production.

I think it would go to arbitration if they took it off us. There was a lot of talk from the ndc about getting a better deal and that’s got me spooked.

https://m.youtube.com/watch?v=_8M0IihrGco&pp=ygUTSm9obiBtYWhhbWEgbGl0aGl1bQ%3D%3D

In this video he details the poor previous deals, ours is a lot better than those mentioned he talks about 3% royalties, 10% free carry. Check the comments too, there’s a lot of mention of his previous poor deals. I’m stuck between a rock and a hard place it feels with this, the deals good but he’s a tw*t. Perhaps it was just part of the campaign.

No communication from the board on recent turns of events, complete neglect for loyal long term shareholders. Classic AIM share. We’re about to be fleeced.

John Mahama met with Mali prime minister, Mali have just seized Barrick golds reserves worth 100s of millions to get a better deal.

Manara, a joint venture between state-controlled Ma'aden and the $925 billion Public Investment Fund (PIF), was set up as part of the kingdom's efforts to diversify its economy away from oil, including by buying minority stakes in assets overseas.

https://www.reuters.com/markets/commodities/aramcos-lithium-project-promising-not-yet-commercial-minister-says-2025-01-15/

Let’s hope Neil gave a good pitch, something like ‘we’re just going through the ratification process which is a formality and has been for a good year now we’re expecting it to be ratified in January 2025 or within the next 10 years’

At least they have someone to communicate with, they need to be setting that meeting up for tomorrow. Urgency is needed. I sincerely hope they weren’t stupid enough to do such a thing, vinces estate still own 3% of shares so I can’t see anybody being corrupt/evil enough to jeopardise that.

That would be seen as positive but he doesn’t even have anyone lined up, Forson is standing in until a replacement is found so would they admit him as non exec if he’s to stand down in the future anyway? There’s a whole restructuring, nit picking and fine tooth combing ahead so there’s absolutely no chance we get rat within the foreseeable in my opinion.2H maybe.

Another nail in the coffin.

I agree. I don’t see this getting out of the 20-30p range in the next 4-5 years unless any factors such as spod prices climb higher, we own the processing plant or we double the resource/find another ewoya sized project.

I think assore have to make the bid soon after ratification before piedmont commit to the final stage of funding otherwise piedmont/merger co will gain another 27.5% of the project. Unless they’re happy to be 50/50 partners. Personally at these prices 40p would be a great deal for us.