Member Info for Bridgedogg1

If the big buyer continues to accumulate we can expect support all the way up until they hit their target allocation. Added to that plenty of momentum among PIs and imminent news flow.

Expect a few haters on the boards today but that’s what success brings, just ignore it.
GLA

£95k buy almost on the ask and didn’t move the price down up? MM shinanigans trying to fill big orders and keep the price suppressed. I said fro Monday that there was a clear accumulation going on for a single party, now we wait for the notifications. From what you be seen they’ve picked up around 3% in the last few days trading alone. Momentum gathering here and great to have a big buyer on board. The question is - are these the opening moves in building a sizeable stake to support a takeover. Would be looking for 15-20% in that case. Perhaps PowerChina is involved?

Can see another 30% tomorrow and Friday unless there is a squeeze in which case over 50% in a single session. No way this is slowing down until the MCAP exceeds £100m imo

GLA

Hi Ben, really nice roundup. Only thing I would say is it would have been good to see a deeper dive into the numbers and key partners. Looks like you turned it around quite quickly so good on ya.

A must watch. The guy had spoken to all the key stakeholders.

https://youtu.be/tRYipP3KjaA

Same. Its going up much faster than I expected so I had to have a chat with myself today not take some off the table. Set a price target and stick to it! I know there's plenty more value here and would kick myself if I wasn't in with my full investment when it hits 1p.

Next leg up coming

The buyer is back from lunch and lots of huge late reported buys coming through. I bet Suay Chin regret not being involved in the last round of funding - maybe adding now.

We don't know. A gold update has been promised soon. We know that the Lithium ML licence is progressing but unlikely we will get an update at each step. Might be a big one to cover off both - it costs money to do an RNS you know! Good chance that this week will see an update on the gold projects and progress report on the ML

Just a reminder
Lithium ML approval - various steps
Gold projects update
TR1 notifications (??)
Other Lithium assets - see MOU with Mali Lithium for developing the Goulaminia lithium project

Looks like the buyer has taken a beak for lunch. We do most of our gains in the afternoon anyway so another 20% would be nice before close. Anyone getting out before imminent news if crazy. With funding/JV announcement to follow shortly after IMO.

Daz - ominous name on this board - People have been asking themselves that all the way up and I'm sure will continue to do so

Yep around that. I'm not saying it would happen tomorrow but in 3-5 years with development of the largest Lithium licences in West Africa and realisation of the potential on the gold projects... anything is possible.

All the excitement at the moment is around just a part of the overall assets

My gf asked me why I don't get out now??

Because I would put more in here at the current price than any other on my watchlist.

On the cusp of something amazing here. These don't come along very often. Seen these go from sub 1p to 10p. We will need to do more work on the licences to get near that but its a possibility. We have quality assets that are in demand. Funding isn't a problem. Chinese already involved and on the board. Links to Chinese industry end users already established.

I hate it when people say this because its clearly not true with all the buys going through but - I genuinely cant get a quote to buy ATM

OK so x6 trades of £25k within 5 minutes of posting the below- Im getting good at this.

As I said earlier I think the big buying is starting to show their hand with larger trades. Once they move into the £20k/£30k range then we will know for sure and TR1s on Friday/Monday.

Considering that the rig mobilisation news is due to hit there is a chance that the SP moves above the placing price sufficiently to encourage more subscriptions, which I would assume is what they are hoping for so not as bad as soe are suggesting. Clearing the take up will be very low if the SP remains where it is but there is plenty of room to then do a further placing at a discount, which of course will pi@@ everyone off, especially though retail shareholders who took the higher price. But what else can they do? Plenty of mistakes made in the past but P1 was a massive all or nothing stretch, turns out it was nothing. You all took the chance - risk/reward and all that? This is a new company with a new direction. Its going to be difficult but after cash raising and consolidation tings can move forward to low risk/low reward.

Looking at other licences that have been recently issued:
Application date 28/4/21 / Issue date 6/5/2021
So turnaround is much quicker than I expected in which case may as well wait for the issue of the ML rather than do 4 RNS in a week for each step. Include the gold update and it will be happy days.

£25k on the Ask. Moving up.