Member Info for Daz423

That was my interpretation too.

Any guesses who the producing contract is with ? Why is no one named.

So does look like the lump sum will be paid to SH via dividend.

Someone explain the last sentence 'method'. Thoughts ?

The Capital Reduction will facilitate the previously announced return of capital to Shareholders of between £33 million and £40 million (or approximately 10 pence to 12 pence per share) using the second tranche of the proceeds of the Samsung litigation ($75 million) which is expected to be received during February 2024. No decision has yet been taken as to the method of any such return of capital.

Alot of heresay and opinion in that case then.

Volume doesn't lie. Even with goddard shares at current rate will churn in very little time.

Martini girl

You can not say its 700mil you just cant. In same way i cant say its fully churned. The selling prints doesnt allow you to know whats what to track them they dont print as 'placers shares'.

But what can be said is that as volume builds it will clearly quickly. Which is my point 2.8bil shares since 15th.

Morning !

Martini so your comment 'quite abit longer' is not correct because even by your calculations a churn is done of 750mil already and rate of share change atm is building volume is building and for good reason.

No change on lithium products on spot market meaning guess what bottom is in or near in and reversal soon. Spod spot price is going to move hard and fast when it does and sentiment with it and taking all lith stocks up some considerable way. Cant beat macros.

https://twitter.com/LithiumPriceBot/status/1744947231558353364?t=CiVTj_LPwHiFk9-PivQSug&s=19

14 trading days since shares issued.

Assuming your sustained sell orders of 50mils and 20mils is correct. It would be fair to say using your average of share dump even at only 50mil shares a day.

Churn is nearly done if not already.

Atb

To note volume is picking up daily meaning interest in the stock is building. Regardless of price action.

The closing trade data is not available to go back through and they won't all be UT.

As it stands 2.8bil has churned since 15th of December. They are actively churning. Its not as far off as you think.

Martinigirl

Are you able to support the comment that it will be sold into a little while longer ? Data ?

As i have the data. So curious to know your interpretation of it.

Correction on this. Was from yesterday so could be either. Not able to data compare.

Its basic data interpretation.

At 0.2370 price point looking at todays pricing would of been nearly impossible to sell at that volume in one go.

However its more likely to be a over ask purchase which is often the case when buying at such volume. For example current ask say 0.21 but to buy 50mil shares would be a premium a large premium.

Lol

See how it escalates ?

Theres no sneaky meaky JV. All gas.

If it comes it will be a chinese TO but thats speculation not a rumour.

Someone who doesnt understand mining time frames clearly.

Realistically though a last raise to be fully operational by end of feb ? When they start taking payments. Market wont care, just need to see that proof of good spod and running correctly.

If he cant do that he wont get his cash. If he can Pis have come this far.

Ill put my name to a TO offers very soon but i won't put my name to what price.

Finally some data haha

C1 costs initially higher but manageable on current spod pricing.

Better drill results.

You look to be cash generative soon. Canmax not enforcing debt. It smells rotten of them taking the lot before long.

Remember when you was all screaming TO ? I said based on what ?

Well now based on a operating mine and better data results.

Very amusing to see people happy to pay 1p with an unlikely TO. Vs now with a good possibility. Note: possibility.

Fair price 0.60 ?

I mean im in here for risk vs reward basis but that is overly optimistic.

Also click bait. He knows nothing no secret info.

Ellis

Dooms day ? Was that my name ?

Well id say a 75% off price peak was correctly called.

Had you listened you'd be in a much better position.

Ellie

I am neither of them i have this one profile as per forum rules and i have a long posting history

Did i call the data as not aliging to a 1p value yes did i say a major correction would come yes as it was bubbled.

Did i ever say zulu wouldn't be mined ? No