Member Info for 5x5Croire

For safety like VT ARGONAUT ABSOLUTE RETURN, small steady fund.

Most are in here and GGP. The ranking for me in terms of £'s invested, 1. GGP ( although almost on a free ride), 2. UFO ( biggest dog, with it's tail wagging) 3. EDV ( don't mind a bit in Africa ) 4. ARV, bought for the gold nearology, but topped up on the Lithium. My gut feeling is GGP 20p+, UFO 1.5p, EDV will go with the gold price and keep paying a divii., ARV - x10 possible, could fly high - so may regret not having more in. GGP and EDV, not a gamble, UFO and ARV are still very risky.

Amusing, as Max is the most regular poster on the Rio board.

Fair enough annoying devil. Good luck to you too.

Are you sure? My son bought his GGP a few weeks ago @ 6p and is very happy with a 74% increase. Did you ditch your gold short?

A week ago - At 0.23 it's still in the dog basket

Today - at 0.29, the dog is wagging it's tail, but still in the basket.

GLA

Are you in GGP & EEE Norm?

AIM up and major indexes down very unlikely.

AIM in general has a 50/50 chance, as always. Picking the winners is never easy. Good day here, but a way to go. All news dependent. Hope we have now offered the right level of 'incentive'. Still think there is a chance we may be up for sale. Would be nice to milk the cash cow, but looking at Fenix mkt cap may not the best option. We all have our own view, just want a payday myself.

Think you will certainly be wrong!

10p by the end of the week would be great, nice steady rise always best. 10.4p on Friday, would cheer up the weekend.

Tweet from neighbours Azure -

"The maiden resource estimate for $AZS's #Andover is expected in the 1st half of 2024, and thus far all signs indicate that the #exploration target is "right on the money", and will likely rank amongst the world’s largest #lithium deposits."

Let's hope ours is just as good.

Https://techinformed.com/almost-400-new-mines-needed-to-meet-future-ev-battery-demand-data-finds/

60-70 Lithium mines needed.

https://tradingeconomics.com/commodity/lithium

China sitting on a stock pile. Chart of price movement.

https://www.marketindex.com.au/news/short-selling-shorters-continue-to-pile-into-pilbara-minerals-and-syrah

"Interestingly, Pilbara Chief Executive Dale Henderson says the outsized short interest is more to do with the lack of hedging mechanisms associated with the lithium sector."

https://www.mining-technology.com/comment/kobold-metals-lithium-ion/?cf-view

The Australian billionaires and American multi billionaires ( eg Kobold at Rio's Winu ) activity, draws the conclusion, it's the sector to be in.

GLA

China seems to have just a 6 week stock pile, should keep the price up.

Https://themarketherald.com.au/minres-acquires-pantoro-lithium-and-base-metals-rights-at-norseman-for-60m-2023-11-10/

At 0.23 it's still in the dog basket.

Https://www.afr.com/companies/mining/newmont-boss-counters-m-and-a-talk-around-telfer-20231107-p5ei95

FCA not fit for purpose.

PGE's will still be in the ground when you are in your dotage Forrest. Too much capital required, will never see the light of day.

It can't happen because it's not ounces of gold. 5p and we would be very, very lucky.