The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
A new and strong management team has been built in literally less than 2 months. Butler not peeing about!
Santiago, incorrect, this has been a nice and steady climb out of the placing price over 4-6 weeks with healthy consolidation along the way before the next leg up. Rather than a sharp daily spike. This is excellent for as a higher platform is formed before moving up and 0.06 to 0.07 has now established itself.
Of course it's always possible we see some killer news this week and we see a 50-100% day.
With Captain Butler steering the ship we slowly see a move to a sane value for the company in the region of 1-2p a share.
Little stock remaining at these levels :)
I note Upland Resources have announced a farm in JV in the works.
Their sitting market value £48-55million.
BOIL is at £14-16million with half of that the company has in cash right now.
I envision a good day today as this trends up from lows.
A long way to climb.
Some prices to think about as we begin the new week with BOIL!
Meadow have a lovely weekend!
Once discussions advance to a certain stage we'd get a name drop in an RNS. This could be soon given Butler keeps making the point that discussions are advancing well and gives of an aura of confidence regarding the matter.
Recording of the presentation would be superb
Great turnaround in a short space of time.
The trend is up
Presentation today by Andy Butler https://twitter.com/BaronOilplc/status/1781243264642793490
David that's deramp as 500% takes this to 0.39p from here but the fair current value given by the broker note states 0.52 and we know this is based upon the present and not future value of the asset.
Hi Meadow I first appears at 0.05 and now the share price is up 30% from there which is great. But more importantly this is all down to the new management and progress being made. With the next steps sounding very promising.
It's good to see the share price consolidate well up here before the next leg up and march back over 0.1p.
I note available stock is very limited at 0.07 which is interesting.
Possibilities given the high demand for shares right now.
Seeing the mcap to cash disparity along with the potential for significant gold and lithium finds and JV with multi billion dollar company and project adjacent to another multi billion dollar companies. Might be one of the best unloved but highest potential return shares on AIM from here.
Nothing guaranteed but given the evidence presented and move by liontown I am liking the odds at a 3mil market cap 40-50% below the placing price and for a company with very low cash burn with the big guns paying for the exploration.
WSBN see's much bigger moves with far less going for it in a less lucrative part of Australia.
I remember an RNS least year when it went up 150% in a day. But that was when the share price was higher and so any big news coming out of Kathleen Valley and the Liontown JV then could see a 200-300% day and consecutive rises after it settles in the pennies.
As previously announced, Liontown has identified several lithium targets in the northern and central areas of the Project, which coincide with the gold target areas previously identified by Mila. Under the joint venture between Liontown and Mila, Mila will be able to access and conduct gold and base metal test work from the drilling core provided by Liontown drill programme. The board of Mila expects that this will significantly reduce the overall cost and timeframe of Mila's exploration activities within the coincident areas.
Titanium we're talking both gold AND lithium in a global tier jurisdiction in Aus and the JV partner Liontown which is huge is the one paying for it. Forget the 35% to the placing price. When a discovery is announced it should really be a quick 335% from here.
Not advice. This is just my expectation based of a lot of my own research.
Potential HE1 situation occuring with a discounted capital raise quickly followed by positive news sending the share price up several hundred percent.
Zulu plant fixes and shipment round the bend?