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Needing funding is one thing ....but at a near 50% discount!!! ... Why now so urgently, when both EMH & we (apparently!!) are so close to significant news in the coming weeks!!!!! ....but more importantly & to the point is to who which could raise an eyebrow or some questions to answer ...or even warrant pointing out to the FCA
...... having said all that's been said & read all that's been posted I look forward to discovering who has taken a £500k stake & work out what the plans might be .... quick small double digit profit or something else ... 🤔
....you just stick with focussing on the positives as you're a diminishing breed here .... can't imagine where the SP would be now if it wasn't for the positive balance you & EV bring to the board ..... oh wait a minute yes I can we're there 😂
LoL @ Dallas ..... shame really but I got a mental picture of poor old Degsie curled up in a ball, fingers in ears going nah nah nah nah nah & just a day after Edison's research note eh!! ...... You couldn't make this up really, yet another one to add to the list of achievements I occasionally post 😂
Wonder where Alan Green is ... & when will we get the interview that usually accompanied news ....must be a very good reason for a near 50% discounted placing & where's Obs to tell us the next one could be at a premium to the SP ...PMSL 🤣
... absolutely not @Dallas they've sold everyone else's instead ....hob nobs ain't cheap you know ..... so much for the comments about not raising at this level, similar to the many about not doing a consolidation (now potentially well in excess of the 20bn I predicted pre consolidation)!!) ...and the I didn't know they were going to make an offer for BCN I reckon ... great time to average down/top up though eh!!!
At least with a single investor with over 16.5M shared issued we should find out who it is pretty soon .... 🤔
No not news as such although a second court has refused to force the first court to do something they've refused ... Looks like a repeat of the same news as here (originally posted by Dallas a few days back) just a different publication......
https://julioastillero.com/rechazan-amparo-a-empresa-minera-ante-cancelacion-de-concesion-de-litio-en-sonora/
......wonder how that all fits in with below 🤔 .....
In addition to the Amapá Project’s current inventory of 276.24 million tonnes of measured, indicated and inferred mineral resources at 38.33% Fe there is further 143.5 million tonnes at 36.77% of historical resource on the adjacent concessions owned by the Tucano Gold Mine. In addition, during the mine’s operation, the previous owners identified four areas within the Tucano Gold Mines tenement with a mineral potential of around 500 million tonnes of iron ore.
The Amapá Project has a right to explore and mine these areas for iron ore, which are governed by various joint operating agreements
Now that the Tucano Gold Mine plans to restart its operations, we have been in discussions and have requested the complete set of geological data, including drill data and assay results, to review the historic mineral resource, with the target of bringing these mineral resources into the mine plan, extending the mine and improving the economics.
....link to PDF if wanted....
https://www1.hkexnews.hk/listedco/listconews/sehk/2024/0328/2024032805392.pdf
From Ganfengs year end results they advised that they filed annulment claims in Jan '24 to the MX authorities but have no clear understanding as to what the result/outcome might be .... it also included this line :
15: Lithium clay Sonora lithium clay project in Mexico ownership 100% @ 8,820,000 tons