Member Info for ALGU

1000p is something of a mental barrier, but suspect this could have legs up to the Q1 FY22 trading update on 10 August 2021.

The SP has been very muted of late. The calm before the storm? Not much is needed to set the fire off beneath this one. News eagerly awaited.

I reckon if MB hadn't mentioned drilling being delayed until 2022 in the RNS yesterday this would have made it into the 10s. Instead we're in the 6s. That's just AIM for you. It's frustrating the SP is no higher than when the Heron discovery was made two years ago.

That said, we must look for positives, and it's not only the drilling here that will act as the main SP catalyst, but also finding a partner and funding. Partnering up could propel the SP back into the 10s over the coming weeks/months, so now's the time to be patient and hold. While the SP may not reflect it yet, MATD is in a significantly better position which is why I've bought on the dips over the last year.

Mike Buck referred to the drilling being fairly cheap/shallow at Heron - do we know if that's the case for all of Block XX? if so, that's access to a lot of prospects and many million barrels at a steal

Interesting to see this part too: "To this end, the Company will partner with an established pharmaceutical company in Russia best able to commercialize BP-101 as quickly as possible after approval. Discussions are progressing with a leading local candidate that can both manufacture and distribute BP-101"

True Bonkers, nothing signed sealed or delivered yet. I am also in BCN and would prefer >67.5p. But regardless of outcome there are clearly conversations going on in the background about these lithium stocks

ZNWD would have got it for a good price considering no-one else was likely to buy it. Now it can crystallize at market value.

they have to make a formal offer by early July. I think the chances of them not making an offer is pretty slim..

rerate coming? timing is alongside ganfeng's purchase of BCN, i wonder what is at play behind all this

Dee, what's needed from shareholders to show support for the campaign?

Let's hope so. When it moves, it moves fast.

+16% in Spain

The way i read it today's news is good (or rather not negative) for BKY. Is that how others read it? In other words, existing concessions and applications are not affected by the change of law, therefore BKY is safe.

It feels like the SP should reflect this, the fact it doesn't makes me wonder if I'm interpreting the news differently to others.

Article in Ignites Europe today. Apparently Schroders considered a bid for M&G a few months ago.

May even pass 7p today

Starting to feel like a buying opp. If there's one thing I've learnt from JOG over the last couple of years it's that these moments of it drifting down turn into opportunities. Before long, or on any news, it tends to rocket. Seen it happen plenty of times now.

Good coverage. Will this break 5p at this rate?

This was at 9p before any oil was discovered, feels like it should be 10-15p at the very least on EL

Could WOSG be a takeover target? I've not seen much commentary on the topic. I wonder if one if the big luxury brand houses could take it under its wing.
A takeover would make it a damn site easier to know when to sell these!

Does anyone know if the farm out process will be launched by official RNS, or can we assume from the last Concept Select Update RNS that mentioning it then essentially amounted to the same thing?
I wasn't clear if the farm out process has begun yet.