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Announcement out on ASX.
Looks like we will be going nowhere, sector being shorted.
https://www.marketindex.com.au/news/short-selling-lithium-and-battery-metal-shorts-linger-peninsula-energy
Back in the bottom drawer. Watching the lithium price for signs of recovery.
https://tradingeconomics.com/commodity/lithium
Would imagine Rod Mc. can't believe his luck. The chance to get back in at such a low price, having already walked once with a large profit. Hope I get the chance to get out before him this time, if/when Disko is drilled.
Jersey, you may get some info here -
https://gasworld.tv/
You can see what the MM are doing, albeit 15 mins delayed on the following link
https://www.barchart.com/stocks/quotes/HE1.LN/overview
Only way this will become hot, is if drilling is announced on Disko.
"Mr Robertson is currently Executive Director of Metal Bank Limited, Artemis Resources Limited and Alien Metals Limited and a Non-Executive Director of GreenTech Metals Limited" From Hastings Tech. - where he is also Exec. Dir. How much effort is he putting for us?
Some interesting goings on at Chalice. Remember we were told by a certain someone it wouldn't get mined. Has a much better chance than our PGM's. Looks like a bargain atm.
https://www.marketindex.com.au/news/the-10-most-overbought-and-oversold-asx-200-stocks-week-4
https://www.sharecafe.com.au/2023/09/12/tim-goyders-30-million-boost-to-chalice-mining-shares/
Tim Goyder has lost serious money short term, should do well long term.
Just something to do while we wait. Watching the price, may dip my toe in.
The way I see it, if offers do come in for IOCA, there will be 2 types. One, some mid or major does want it, in particular Brockman 233mt ( How valid is this number?) and Han'k, in which case the offer would be decent £50-75m , always a chance more than one co. wants it. Two, the puppet master or some affiliate would make a low ball offer, at best £10m., so robbery. Not what the majority on here wish to hear, but I think realistic.
Must admit to being out of touch with what's going on with Cobra, so thanks for the update. Just a punt for me.
Andromeda Metals do seem to know something we don't. The hot money in Australia has moved from Lithium to Uranium recently.
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Just received this from ii
£400m, Fantasy, in the real world take a look at Mount Gibson, mkt cap £325m. All in AUD, so halve for GBP
https://www.marketindex.com.au/asx/mgx