Member Info for Bridgedogg1

Predicted next RNS:

The company is ‘pleased’ to announce the placing of xxx billion shares to raise £20m to repay the monies outstanding for failure to meet prepaid off take agreement and operational issues encountered at Zulu. The cash will also provide sufficient funding for 3 weeks administrative expenses after which the company will either be producing large amounts of high grade spodumene or will have to raise more cash.

The company is also ‘pleased’ to announce the issue of £2m worth of shares at a huge discount to cover the outstanding director loan from our guy.

The company has also received notice from its partner that we are in further breach of contract and they are taking the rest of the project in exchange for. An unspecified but really great hybrid pricing deal that is really great, honest.

The Group continues to explore all available pathways to appropriately finance its clinical therapeutics programmes over the longer term, including non-dilutive funding through business development, attracting global specialist biotech investors and potentially a NASDAQ dual-listing. Avacta is also actively exploring routes to divest its Diagnostics division in a manner which maximises value for shareholders.

Good comms

The rise is on the back of lithium tailwinds and fundimentals. Still some actual news to come very soon.

Https://www.share-talk.com/traders-cafe-with-zak-mir-bulletin-board-heroes-wednesday-6th-march-2024/

Zak reckons 0.57 is now ‘locked in’

Not confirmed as commercial yet?

Https://www.metal.com/Lithium

Lithium looks to be up again overnight

Thursday or Friday now it seems to have bottomed out. Fingers crossed.

Flat today, blue tomorrow?

Isn’t there an analyst call at the moment? Does anyone have the link?

And 0.6p Friday.

Then we let the news flow come

If we move a little up past current level then it’s 0.5p tomorrow easily.

Contract award for construction coming very soon IMO

We were also told to expect 2024 drilling plans early this year.

This could see a strong rebound today or tomorrow. 50% or so and it’s still well down. For various reasons people on here won’t want to see others make money.

I know that one day DKE will go up 1000%. Until then…

Strong buying continues. Looking good for another 5-10% day.

The fact is it’s wasn’t a viable RTO with £900k debt on the books. Now atleast there’s a chance of something. I still think the fact that they have managed to get this through indicates something is being seriously discussed. It’s a tiny punt for me but I think there’s a good chance of a substantial rise here.

The constant buying pressure is moving the price up by not insignificant amounts. If and when the big buys start coming in this will see some fairly rapid jumps.

Agree the presentation is really clean, sets out everything nice and clearly. Hainan (?) have 4 people in the ground right now so let’s see some action.

Pulling off this transaction to remove the debt was huge. Hopefully there is something in the works.

We are better off now than we were before. After 2 days of 50% drops it takes 2 days of 109% gains to get back to where we were so this ‘could’ do some huge 1 day gains.

Looks to be a strong finish