Member Info for bsg4

In this money, about 12 years ago the SP would be £7.50. Way you go THR.

When will they be under 1p again. I'll give it 6 months to a year and a 1p placing to boot. This rinse cycle is over. Wait for the next one.

AQUIS buys seem levelled out by LSE sells?

I think they will get another placing away at around 1p. After consolidation. I really think they should start paying themselves in shares to preserve cash and show they are serious about producing share holder returns.

"The Company has a large number of Shares on issue" who's fault is that Nicole? It didn't have when you took the reins. May be you should think about actually bringing a project to fruition instead of playing Whac-a-mole. I expect nothing will change with this company it's a dead loss IMO.

Beware the coming placing.

That 51k trade is 20 * NMS so probably delayed. Could be a sell from yesterday.

I can see a 1,000,000,000 share placing at 0.2c (Aus). That will still not beat Micks multi billion placings of the past.

I'm not so sure now. I think the Germans will be quite happy to let the Czech mine go ahead, let them deal with the pollution etc. Then Germany just buys the Li from the Czechs (plus they've just had 6m for the EBRD). When all that runs out and Li still in demand they may mine it on their own land. So decades away if ever. AIMOHO.

A raise with a consolidation will finish off this rinse cycle nicely. Should buy them a few more years of their lifestyle.

I think that could be the real problem here. Germans would prefer to buy Li from abroad, let them have the pollution from mining in their country instead of on German soil. So I don't hold out much hope for a Li mine in Germany in the near term. Of course if other countries 'nationalize' their resources Germany may have to mine on their land.

Raise on the way it sounds like! She mentioned new investors. More Lambs to the slaughter! Fear the worst, it's normally best with THR. Been down 99% once. heading for that again with all the dilution, another consolidation on its way. IMO.

Surely it's over. The BOD will just kick the can down the road as long as they can then throw in the towel.

If there's another extension, then down to 0.5p.

"Better than other deposits in Western Australia" Doesn't mean it's a good deposit? Clever wording.

Deposit Tonnes (Mt)TREO(%)TREO(Kt)COG(%TREO)Category Status Target By-prods Type Ref
Mountain Pass 16.7 7.98 1333 5.0 OR P REO C 1
Mt Weld 9.7 11.7 1135 4.0, 7.0 OR P REO CS 2
Mt Weld 23.9 7.9 1888 2.5 MIF P REO CS 2
Bayan Obo 48 6 2880 ? ME P REO Nb C 3
Mianning 17 3 510 ? ME P REO C 3
S China IO Clays 10? 0.05-0.210? ? ME P HREO IO 3
Kangkankunde 2.52 4.2 107 3.5 F E REO C 4
Nolans 47 2.6 1222 1.0 MIF FS REO P2O5 U3O8 C 5
Charley Ck 805 0.029 235 $Value IF E REO A 6
Nechalacho Basal 109 1.59 1735 $Value MI FS REO Zr, Nb, Ta A 21
Nechalacho Basal 160 1.38 2212 $Value F FS REO Zr, Nb, Ta A 21
Hoidas Lake 2.56 2.4 61 1.5 MI E, PEA REO P2O5 AP 8
Kvanefjeld 956 1.08 10325 150 ppm
U3O8
IF FS U3O8 REO & Zn ALK 9
Cummins Range 4.90 1.74 85 1.0 F E REO P2O5 U3O8 C 10
Milo 187 0.061 114 0.03 F E REO 11
Ngualla 195 2.26 4407 1.0 MIF FS REO C 12
Ngualla 20.7 4.54 940 3.0 OR FS REO C 7
Ngualla 21.6 4.54 981 3.0 MIF FS REO C 7
Steenkampskraall 0.67 14.0 94 1.0 MIF PEA REO I/MV 14
Eco Ridge 59.3 0.16 95 $Value IF FS U3O8 REO CON 15
Bear Lodge 13.4 3.23 433 1.5 MI PEA REO AI 16

Sorry, very difficult to read but these are all way higher than <1%.

1.5% cut off for REE. So their results not that great, room for improvement.

Lucky, that should allow them to get another placing away.

I don't have any confidence in any story here. It seems in the past they've bought any old claim for peanuts and raised and drilled there. Probably knowing there's nothing worthwhile there. But who knows, they could be lucky. I doubt it though. IMO. Lifestyle company.

Maybe they should pay themselves in shares instead of cash. Then may be they'll pull their fingers out and do something useful?