Proven director who invested around 50% of £0.3M at 2.5p this morning and soon to be armed with £2M in an exciting sector of which £0.5k will be from named investors. Current mcap £2M with a tiny free float...
Also the directors surely ain't going to let Stilwell and Cross buy in £0.5M for cheaper than they just bought their shares. Let them buy in the open market and take this to 10p lol.
Check the podcast where the CEO is interviewed. Approximately half cash at present and targetting 1-2k ppm lithium from 15m bgl in the brines. Drill bit tunring any day now. A news rich period about to kick off on an exciting lithium play:
https://audioboom.com/posts/6007323-799-kibo-mining-kibo-and-arian-silver-agq
That's the nature of small cappers. However look at a GMWO style cash raise at massive premium to the pre-results drill. If decent grades are confirmed who would complain about a raise to progress the project