The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
This is a very important development
"Kelly Speakes-Backman, a senior pick for the office of energy efficiency and renewable energy, previously headed the Energy Storage Association, a Washington-based battery trade group."
https://www.ft.com/content/38ff8eb2-6c22-47c9-8bfa-fd5df565e874
Welcome to the board!
I thought this write-up of Largo's results was interesting...
https://www.energy-storage.news/news/growing-interest-from-battery-sector-is-driving-vanadium-demand-growth
Their NPV is probably much lower than ours right?
All time high! 6.30p!
Dcat, I wonder if it was selling. Could it not have been an actor collecting shares on behalf of a client and then transferring them? These 250k sells have coincided with a sharp rise in the sp...In any case, we should be on a lot of radars given that we have smashed resistance
If memory serves, Share Talk suggested that a close above 5.5p was a breakout signal. I recommend looking at Swizz's tweet on the incredibly quick closing of the Appian fund.
Thanks as always for your analysis Dcat, cheered me right up, as did this Bloomberg piece...
https://www.bloomberg.com/news/articles/2021-01-16/why-batteries-are-the-key-to-biden-s-green-dreams-quicktake?sref=GJd56xPl
Just interested in doing a straw poll. Who thinks it's a strong possibility that Jangada will agree a takeover with Largo this year in which we get cash and Largo shares? Jangada always reminds me of Mariana Resources and that's what happened there with Hot Maden and Sandstorm
Definitely exciting, thanks MFM.
I think we need My First Million and his exciting chart to kickstart our weekend daydreams. Zak Mir suggested 11p as our three-month target once we clear 5.5p. As Tex suggests, we have lots of news coming. We could also get some big news from ValOre. If they raised capital by say selling a stake in their uranium prospect, its share price would soar and ours with it.
Interesting to note a big uptick in Jangada tweets this week including from the project. They seem very optimistic
Swizz, thanks for your thoughts. I have wondered if the Jangada directors might be tempted into some kind of cash-and-shares deal with Largo. Could that be done in such a way that Largo get a London listing?
In any case, here is a Bloomberg summary on palladium rise
https://www.bloomberg.com/news/articles/2021-01-14/how-palladium-became-a-really-really-precious-metal-quicktake?sref=GJd56xPl
Posting this for those who haven't seen Swizz's news.
https://www.largoresources.com/investors/news/press-release-details/2021/Largo-Resources-Announces-Special-Meeting-of-Shareholders-to-Propose-a-Share-Consolidation-Required-for-a-Potential-Listing-on-a-Major-U.S.-Stock-Exchange/default.aspx
Our most likely partner to develop the project is hoping to gain access to U.S. capital markets!
Could it be some Arc investors shifting their gains or is it rather because vanadium is getting more attention?
It's really moving! I just did a dummy sell for a large amount of money and could have sold at 5.06p
And there we have it - a 750k sell. A curious time to be selling
Hi Obelix, don't know, sorry. All I can tell you is that I found it very hard to top up this morning, had to do it at 4.8p in the end
Some very nice trades coming in today
Thanks guys, perhaps it won't be Largo after all.
Some nice round numbers being purchased