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Looks like Goose has taken a stake in Landore....

The fact that we have several parties interested in the designated Lithium area should mean a good price is realised. I would like to see a strong element of cash in the eventual transaction. This could be a strong catalyst for recovery in the share price.

Now, where are those Felix drill results?

Gold price has pushed up to $1740 today following the inflation data in the US coming in at 7.7% versus the expected 8.1%. I think we will need a statement from the FED concerning slowing the pace of tightening to drive gold back to $1800. Regardless of whether we get that, the recovery in the gold price and improved inflation data should help Landore's sale negotiations.

Good to see the share price recovery here over the last week, long way to go....

Nice to see Landore tweeting about its vast array of resources across its 31km mineralised belt. Hopefully this list can be updated with Felix Gold in a few days. Extra points for anyone that can spot the spelling error in the tweet.

https://twitter.com/landore_plc/status/1589932471508144128?cxt=HHwWgMDQ0ZbKyZAsAAAA

Looks like the key to getting positive movement in your share price is to buy repeatedly in £2.5k amounts. I don't know who Mr/Ms £2.5K is but I would happily buy him/her a pint. Feels like we have turned a corner here. Actually, thinking about it, if NicetoMichu is buying we must have turned a corner.

There is some chat on another board that this is a result of a seller being out. If true, I imagine we will rise in the coming days without any news. It would be nice for the share price to recover to high teens before Felix results. They can’t be far away.

Some of the reported sells are in fact buys. For example, the 10:36:45 2,723,749 and the 10:38:17 2,693,684 are both buys but reported here as sells.

I think if they really wanted to continue the drilling they wouldn't have kicked out Felix until July. But certainly good to have a viable plan if the negotiations don't proceed as expected. Hopefully the Gold & Nickel, if not the whole caboodle will be sold by July.

It is 7.5m Canadian Dollars, so about 4.7m Sterling. Remaining warrants if exercised should cover this when added to cash balance.

Well the story of Sprott only being interested in converting his warrants if the money goes towards battery metals certainly fits one of your scenarios. But surely Nickel would have been the first resource to focus on over lithium? The Nickel price has quadrupled since they moved their focus to gold. I guess you could argue that Lithium is more in vogue so maybe that is the reason for leading with Lithium on their RNS.

Either the gold and nickel are well on the way to being sold or the last RNS is completely bizarre. The pivot to Lithium with very little explanation to me suggests they have completed their work to sell the other assets. I don’t think Felix will ever get drilled by Landore, they are conserving cash for their Lithium plan.

The work done prior to drilling Red Setter was extensive which surely gives them the best chance of success. Cottesloe provided seven targets which we also believe will be drilled this year. I think Wishbone would be beyond unlucky not strike a significant resource between Red Setter and Cottesloe. There are no guarantees of course, but the risk versus current market cap. looks very attractive.

I had the impression that Bill was in discussion with someone for a complete sale. There was part of the interview, in October I think, where he referenced there being very few companies being interested in both gold and the battery metals. The way he said it left me with the impression of this not being a issue, aka there aren't many companies but they are talking to me. This of course could just be wishful thinking on my part.

To move to 3/7 you would need to recruit more staff. If the demand is there I'm sure ODX would want to do this, but they would want a period of stable output at 2/5 first before expanding shift patterns. Equally they may be able to increase output within 2/5 through improved efficiency or running some overtime. I would expect this approach before moving to 3/7.

Bigjock, like Trickymatters I enjoy reading your posts and you have added a lot of insight from my view. I think next week we will break the £1 barrier, it did look like it was being held there but surely they can only manage this for so long. If this was to fulfil orders to support an institution it may still prove to be in our interest. Things have taken longer than I anticipated but I feel we are on the cusp of success. Should be an exciting next few weeks for shareholders.

This is also my favourite comment:
"What impact does loaning equipment have on the bottom line?
– minimal impact if any on the bottom line."
Think this means we use Fincap guidance on test margins. The potential to grow to £1bn market cap. is definitely there for me.

Satallite, I think the Scottish element will play another important role. The union is under threat and it will be a politically smart move to ensure Omega get a large slice of the cake. I think we will be pleasantly surprised when the contract is announced, hopefully the shareprice will then react accordingly.

The confidence we've seen from ODX in their comms has suggested they knew their projected 2m/week capacity was as good as gold. The FT article was the inevitable leak on this spectacular news, now just a question of waiting for the meat on the bone from the official confirmation. If the margin is as hoped I believe we will see a £1bn market cap at some point. For that step I think greater clarity around 22/23 demand will be required. Next news TT confirmation. Can't wait.

Absolutely share price is a country mile from fair value in my view. Congratulations to Omega on once again delivering on their commitments. We can all have great confidence in their business plan. Merry Christmas

Think this will provide a solid platform for a strong recovery in the share price next week. Reckon we could also see news on the CE approval of the Mologic Antigen test next week as well.