Member Info for Bridgedogg1

Link:

https://twitter.com/traderx71/status/1481713556278194177?s=21

He says he has ni intention of selling but everyone has their price and this project is the same. He actually said if they was to buy it they’d have to pay ‘I don’t know how much…’ very canny. I think he knows that there’s no point selling now for £150m when it will be worth £250m in a month and £400m in 3 months. Once the mine is paid for and built and we are producing what will it be worth then? That will be the best time to sell.

We’ve got loads of cash and 20% free float. Lots of cash pouring into the sector but we’ve been missed. When this moves it should move quickly

A very exciting story developing here

Art should just reissue the discovery RNS every week and just change the wording slightly.

Seems like news will be coming in think and fast. Good to hear co formation that the few results received look very promising, 6 drills on site now looking at SE and NW extensions.

Aim is to have a significant stake in a fully funded producing spodumene mine as soon as possible. Forget a £200m sell out, this is going to be a £1b producer!

Final shake before afternoon rally? Just one more bit of good news will push us into orbit imo

Lol. 10% daily please - not enough for the day traders but enough to make me money. Someone is picking up big chunks on the cheap. Post JV these prices will be long gone.

Buying started, here we go again

Lots of worries over small price movements, overall if this goes up 10% a day holders will do very well. I expect it will continue until we hit atleast 1p with a mega 40% thrown in once JV terms are announced.

This seems to be moving in range, back down to 2.2p before it climbs again?

Will be I interesting to see whether Art buys more shares as he said he wanted to once the blackout period ends. He must have known the options were coming before he made his recent buys so unless it was to just soften the blow of the options we could see more director buys post end March??

Seems to be some tricksy buying going on today, I reckon someone has picked up close to 1% of the company.

A bit different from BOC they only had some seismics on a wildcat play, doomed to failure imo. We have a proven hydrocarbon system, already producing wells, historic drilling, declared discovery. But yes I know what you mean, share price us on the floor compared to what will happen when a major gets involved.

Looking at the prices and timings you don’t think those are sells?

I’ve got my price target and I’m happy to wait until it gets there. If that’s long term then fine, if it’s tomorrow then even better. Not going to say what it is but it’s more than 6x the current price.

We know from Tiburns estimates that funds will be tight when if comes to funding drilling on the new discovery if we go ahead with planned drilling for 2022. Exercise if the options a bit later in the year May well provide cash just when we need it, preferable to a straight up placing.

It does seem that we have shaken off tfe lower end of the range, now strong buying kicks in around 35.5p, bodes we’ll fit a break above 40p without any serious news - CPR, JV, Cuda etc - maybe just needs a TR1 or a large few buys to tip us over the edge. The early morning selling has beck no r quite predictable, seems that we always manage to turn it around by the afternoon .

“ Under the HoT it is envisaged that the partner may invest into Zulu in a series of tranches”

To me the above means: DFS>Design>exploration funding>Infrastructure funding>production

Get it all tied in with an off take agreement and we are set.

“ . Exercise prices for stock options granted are determined by the closing market price on the day before the date of grant” from financial reports

Let’s not forget the directors have waived fees of around £400k, delayed salary and lent the company money from their own pockets. Now they are taking their reward. I don’t think that a year a go we could have hoped to have been in such a good position. The directors have driven growth and generated value that is absolutely amazing. The only thing that hasn’t increased is the share price, but director rewards are rarely linked to share price anymore because it doesn’t drive positive or responsible long term behaviours. We are on the cusp now.