Member Info for Borocay

Thanks fingers. Again no mention of Tin, we are a Lithium / Tin play realistically.

Wow not to be sneezed at ??

Agreed Fingers what’s the issue here ?

It needs to be 75p to equal Australia close at the current Forex rate.

Well at least we made Kitco news. If people are spooked by the lack of news on infill drilling results I would not be too concerned. In my opinion everything has probably been delayed due to the obvious obstacles (winter, COVID, Labs) I would imagine CEZ have to endorse everything wrt announcements that are not EMH corporate specific, and that will take time with disrupted workforce, and being a government department? Say no more. Anyway infill drilling results do not normally provide major surprises either way. Looks good value at these prices.IMO.
But all that said KC should provide updates - even if it is to say “there has been a delay”

Good question after that valuable post!

As far as i am concerned this is an excellent buy at these levels. Never seen a share so cheap considering the fundamentals ?

It takes a long time for our partner, being a government agency, to agree to anything. The reasons for the delay could be numerous. Lab delays, partner bureaucracy, weather etc etc. KC did say last year in an interview “don’t expect any surprises” and I agree. It’s just infill confirmation. This pull back is profit taking, and who can blame anybody for that. Personally I am in in for the long haul, battery metals are the future.

The price will probably be around AUD2.50 by then anyway, so what is the so what? Look at Vulcan.

Quite simple, there is a shortage of shares! I have around 550k and want more at the ASX but the Bots just beat you. It is very east to buy 1000 but 50000 is quite difficult unless you take the price to new highs.

Do not expect any surprises from the infill drilling results - 6 due next week. These will not drive the share price and in a previous interview Keith said “we don’t expect any surprises”. To be honest why would we?
However offtake news and engineering milestones during 2021 will be significant IMO.

There will always be traders and investors that have waited long enough and will cash out. A period of consolidation 40-45p or 70-80c is healthy enough.
But its early to sell when there are 6 triggers that could elevate the price. Maybe not in order.
- infill drill results, probably no surprises here, either way
- listing on the OTC attracting US speculative money, no dilution envisaged
- listing on Prague SE, no dilution envisaged
- off take agreements, this provides financial endorsement
- preFEED / DFS, this will validate within sensitivities CAPEX and OPEX costs
- EPC costs, certainty about CAPEX

Patience is a virtue GTLA

Absolutely, i believe the listings without dilution, and we have not seen Prague or OTC yet will create a share deficit. I honestly believe this is, based on higher numbers than from the old PFS, A $500 capitalised company. Of course IMO

Apologies I meant the US price was the wrong title because just opening. ??

Wrong title because the US is only just opening. There are no available shares with this company. Once they are on Prague SE and OTC they will be hens teeth. 49% of one of the biggest HR Li deposits in the world - no brainer.

What’s this got to do with EMH ?

These new listings (Prague and OTC) with no dilution will create a shortage of shares. There’s not that many on issue!

Midnight

Well going by what has been announced there will be infill drill results, with no surprises expected but additional certainty. KC also mentioned an off take agreement which sounded like it’s imminent. But the market will rate this ahead of the published EPC fixed price for construction. The PFS was IMO very poor but now with a high profile partner, an excellent engineering company and the fact that EMH are managing the early project phases gives me a lot of confidence in a a very undervalued company.

I cannot believe how quiet it is here? Ozzie charts look good. Why?