Member Info for AIMtodeath

Trying to drop price. Small £350 repeats.

Someone still wants out.....

Bears hitting nickel hard at key technical levels, not general buying/selling but more trading price movements seen at clear technical points.

In a short time we will have doubled scoping study NPV......

Something more than buys going on, they would not get 4x250k at 8.05 Whilst ask not going up bid is.... Strange. Mushrooms as usual.

Ah but the Portuguese are desperate for money..... 2mtpa for 15years+ coming to a Portuguese hillside soon....

;-)

Copper finished exactly on the price low in first 5mins trading....

There is so many independent chemical producers in China etc and any number of reliable/known spodumene coming online in near future, that raising $450M to produce from a clay source has not got market attention. They also saw what happened to nemaska when big equity raise. Until market is screaming for supply of lithium and chemical, big not so well known supply types will wait in wings. The worm will turn though.

Nickel shat it's pants late this afternoon, lost most of Friday gains. It is however at April/early year support level.

This frikin dip cost me several trades that have run away from an entry I could have had.....grrr.

More so for funded/operational ones so far. #LIT has broken out of its downtrend with 7 straight up days. Sayona only managed 5.8% off their DFS, though despite a MOU it's not as good as our project financials. They still don't have a mining licence mind. Might be underlying market issues in AUS with Tawana licence problems.

Open were it dropped 0.6% on Saturday announcement China was bailing on this week's tarrif talks with US. Fundamentals, supply issues and warehouse stock levels becoming more important maybe. Nickel still at opening levels.

Last JV meetings announced by DA were when LABS was taking place. They didn't say at time they were involved in labs, that nugget came out later.

Meetings with joint venture partners. Twitter post.

Oman small as the initial licence covered was always considered a money spinner, once they start they need to create a longer term supply to keep it going however. Those new supplies will need to go through licencing too so bit of a lead time required. I'd hope that once we were established in that area and licensed miners that adding new areas will be somewhat easier especially with new PAM mining code.

Some see fund raising as a dilution hole and lost money, but there are certainly 3 basic types of dilution - 1. Exploratory - were there is no guarantee that money raised will bring value overall. 2. Project Development - you have something of value, you need to commercialise it 3. Production - it's commercial so make money Whilst a very short while ago Portugal was spending money in 1. It's now moved to 2. Moz is in 2. and Oman is at stage 3. Everything raised this last raising will be spent on increasing value, because all projects have a value. Oman producing is income. Moz PFS is 20% to 35% project value increase and we can only be bought out at market rate, not money spent once beyond PFS. Portugal gaining facts for commercialisation, enhances value. Having something in the ground must be proven that it can be removed and be a saleable product. I get impression DA already knows this but he must jump through market hoops, vanilla mining technology and vanilla product, it's as simple as they come. It often makes me laugh that investors (naive ones) think that when they buy in that the company can drill holes, do studies, buy mining equipment and start mining with fairy dust money......however whilst a company can enhance its value in project progression it does not mean the market will price it in of course.

Even with tariffs added, Saturday announcement from Chinese that they are not coming for talks next week, will probably break this upward phase in price, 5 day win streak only needs an excuse to take profit. However if market is shrugging off tariff issues doesn't matter if they are talking or not, copper still in heavy demand and warehouse stocks historically low....Hopefully will remain price driving force, though market loves any excuse for knee jerk reaction/news to move a price....

That makes it very public in Oman, PAM have been touting the new mining plans and that they want to develop the mining in country, if it seen to be a long delay from this news article to license then the spotlight is on PAM. There are a few reasons why they have started drilling again, but for sure they would not be wasting money drilling if they had no chance of receiving the licence.

Seriously anyone expecting an African mining licence to arrive on time? Disappointment comes from expectation....