George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
https://sprott.com/media/4157/210804-rbw-scp-initiation.pdf
Interesting… this had passed me by. (From August 2021)
This stock is wild. Such a fascinating narrative over the last couple of years, and I'm sure the volatility is not over. Today people (myself included) should have heeded the long publicised fact that the PFS drill data cut off was Feb 2021. No real news for the man on the street today. Ok they have low costs due to existing infrastructure, not really news and punters want to see the buried treasure.
Who tf knows where this SP will go in the next few months but definitely some catalysts.. 1) likely upgraded HAV resource from big drill campaign. 2) Exploration results from other licenses.
If I had the funds to risk I would go long on this just for the fun. Maybe one day GGP see a multibillion £ market cap, they definitely have plenty going for them. Try to enjoy the ride!
P.S. I've been guilty of swaying based on posts here. Big names pump to no end. Negative comments also catch the attention. What to think? I value LSE for the handy insights / links from some posters regarding news or anticipated news. But I have to say, the GGP board is an absolute cesspit, with the circle jerk promoters on one side and the apocalyptic detractors on the other. One acronym says it best. DYOR
If you overlay POG on the GGP chart, we have clearly been following gold down since around mid June, barring a little spike around recent RNS. Simple as. Assuming the POG holds fairly steady, the only way this share will move is on the PFS release, although maybe not even until a resource upgrade following the PFS. (or some remarkable exploration discovery which is, let's face it, near enough a pure gamble)
Me and my 46,000 shares at 20p are sitting tight.
Discusses the K-tech deal and the potential value it brings. SP Angel analysts updated share price value is 39p-60p: 5.2p from Gakara, Nd & Pr from Phalaborwa takes the price to 39p, with Tb & Dy takes the price to 60p. Presumably this is a long term price target so 2-3 years I guess based on timeline for DFS and then going into production.
So in summary: very positive comments
Been holding since start of 2021 with average of 15p. Looking so tantalising today with this bump and the lovely narrative coming through from GB on Phalaborwa, but I could be tempting fate... as many have said, would be nice to get Burundi uncertainty put to bed with a new mining agreement or a sale. Will I regret not topping up at 11p? perhaps. We really need the trading volume to pick up too I think. Fingers crossed..
SAV holder here. I somehow have only just clocked onto the upwards rip in Li carbonate prices since end of July; 90,000 CNY/T to 150,000 CNY/T https://tradingeconomics.com/commodity/lithium. Yet barely any movement in SAV SP? Everything must be hanging on this EIA.. logically it should catapult the SP if approved. But then, this is stock investing so who tf knows?? Fingers crossed
Hi all. Hoping some long-time GGP warrior can answer this: does anyone know the impact of the farm-in JV with Newcrest on the value of Havieron to GGP? Website says NC will have a 70% interest after funding exploration and dev up to feasibility study and decision to mine, and then NC have option to buy a further 5%. I see current inferred resource is 3.4 Moz Au and 160kt copper. Has anyone done the maths with recovery rates and processing costs to value this and then calculate what GGP's 25-30% stake will be valued at?
And yes I know there's "big potential" for expanding the known resource over the coming months but just interested to get a number based on the info at hand.
Cheers