Member Info for Allthatglitters

Doesn't really feel like long-term holders are being rewarded, does it Mike?

There were no warrants in the last placing.
There were no forward-selling before the last placing.
There was no drop for the last placing.

Appalling share performance though, isn't it?

Yes, they can.
Woe betide any company that miss a target timeframe. Especially over summer.
Back to £60M valuation. Amazing.

Market Maker playbook today.

£6k sells enough to drop it.
Tank the bid so people panic sell and then, when there's a little too much buying, throw in a big trade to put them off.

The only market that sort of nonsense would work on is AIM.

Hello T. Excellent competitive research as always. What are your thoughts on the additional 1km of drilling, the location of that pegmatite and the implications for other drills? My (limited) understanding is that aeromag gives a blueprint for what to expect when the drilling starts. And the aim is just to prove that what the data they’ve gathered so far is in fact correct. That alone should be enough to confirm a world-class find and a whole lithium providence. So, the prospect that there’ll actually be MORE than the survey suggested has not be factored in. And could provide an upside to what the team were already viewing as special. Would you now realistically hope that they might find more at Abonku? And the three additional high priority targets? Cheers

Hope everyone's enjoying the sunshine this weekend. Bit much for me!
My weekly chart: https://twitter.com/Li_Ag_Investor/status/1025491196234420224
Ignore it, use it, deride it. Let's see where we are in a month or so. 30's (again) beckon I think.

I only use PREM because:
A) everyone on AIM knows about Zulu
B) the consistent description of 'world class'

Clearly Pilbara's resource is in a different league. That is world class. But it's about five years further advanced than Cape Coast. So, I'm not sure it's any more helpful really.

KOD might be the best comparison. However, they've taken two years to get a resource estimate out and still not managed it, so again it's not ideal.

Appreciate the thoughts, fellas.

For ref: Zulu is 1% and PREM have had no problem describing that as 'world class' for years. Then valuing it at £17M. Ouch.
So, higher than that imperative I'd have thought..

Tiny trader exodus. The types that bought because someone else bought. A lack of foresight to invest in this sort of company. Well done to the buyers this week. Myself included. Absolute bargains to be had once again on the back of a good RNS! (and a meh one) How long realistically can assays take for only 9 holes? To any of the geology fans on here: how indicative of the likely final grade would you expect initial assays to be? If they come back 1.5% for example, would you expect the average to stay within that ballpark? Or are you more likely to see 0.5% in one hole and 2.5% in another? Cheers

It’s not a fair playing field clearly. Neither is the main market it has to be said. Definitely look like trader sells today. I’m interested how a sell can be 21.62 and a buy straight away is 22.98. Suggests only one market maker on the bid and one on he ask. Pathetic depth on either side. What are the other three doing?!

For such a big drop, more buys than sells and final trades of the day at the highest price of the day. Not looking such a brilliant sell at 22 eh.

Yep.
It's not a big distinction, but we ought be careful not to imply it'll be sooner than the company have suggested, or could lead to (more) frustration.

You know me: I love a moan at the company for keeping silent and not informing us but, thanks to today, I'm far more chilled about it now.
The labs have been messing us about with the IC results. Nothing from Chad this summer yet likely for the same reason. Which leaves Ghana probably in the same boat.
It'll come when it comes.

Sorry to be that guy, but the RNS actually said:

Delay in assay results from the first batch of drilling at the Ewoyaa Project, results expected shortly.

"Whilst the Company was expecting assay results from the first 9 holes drilled by July we are experiencing assay delays on our first batch of drilling results, but hope to update the market shortly."

The Company is experiencing delays in receipt of assay results from the first batch of drilling. Results are expected shortly and, as soon as they are received and reviewed, the Company will update the market accordingly.

Not very soon.

Gut feeling that many of those sold earlier are aimed at being bought back later (today or in days to come) at slightly lower. Around 22.
Just an inkling.

Got bored waiting. Bought at 22.8.

So you can now guarantee that 22.5 is coming shortly!

I'm expecting double the price.

Impatient traders gonna impatient.

I'm a buyer at 22.5p.

No trades and exact same sell & buy price for same quantities and yesterday evening. So the RNS has had no immediate impact on the market. But I liked it! I think, as Toro alludes to, the precedent that there’s actually more pegmatite there than the (excellent) aeromags indicated is massive.

40 minutes have passed and no comment! Anyway, decent announcement I thought. It was obvious there’d been a delay receiving the results so why not speak to it. Good news on additional pegmatite and immediate drilling. Another 1km is massive.

I know someone who was quoted 22.66 for 50k shortly before.
No-one sells a whole penny under bid. Pure manipulation. IMO.