The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Even at current circa $3,500/tonne these are a cash cow, am i missing something, added to my watchlist for research over the weekend.
possible solution...18M warrants July expiry get exercised...
if we are sold before drilling ~ great!
if after drilling ~ proved up resource, great!
Win - Win :))
From todays RNS...could this possibly be the reason for the suppressed SP response, funding?
"Cube concurs with Landore's proposed exploration and drilling work program on the Junior Lake Project for 2022. The drilling budget is estimated at C$7.5 M.
End of the Executive Report of the CUBE Technical Report and Preliminary Economic Assessment May 2022
Click or paste the following link on to your web browser to view the full announcement, including images.
http://www.rns-pdf.londonstockexchange.com/rns/7048K_1-2022-5-8.pdf
Planning:
Exploration activities are planned to re-commence at Junior Lake in May 2022, initially with re-sampling of core and infill soil sampling in the Felix area along strike and to the west of the BAM Gold Project.
Drilling will re-commence in early July 2022 initially with a 7,500 metre HQ core drilling campaign on the highly prospective Felix area along strike and to the west of the BAM Gold project. A further 7,500 metres is planned for infill and extension of the BAM Gold Deposit and for deeper drilling on several potential underground mining targets. This drilling activity will be subject to funding."
Ah yes, ok N2M.
GLA
Great news, finally :))
Be careful though of the usual sell on the news brigade.
I guess Sprott will exercise his warrants (9M @ 20p if i recall correctly), which may suppress the SP a little.
btw did the AISC go up from $800 to $1100 an oz?
N2M hope you are well - would like to hear your view on this latest RNS, it's always well reasoned and balanced, thanks in advance.
Just saw this
https://twitter.com/Dobbo761/status/1522468217708584960?t=VqK64xEPXlC_o_VpFshyrw&s=19
Yep all that for just £25M and not forgetting probably £1M in cash from warrants and options payment(s) from Lithoquest.
Wouldn't be surprised to see some FOMO activity later today / early next week.
Chart looks like a coiled spring.
Bring it on lol
GLA
oh my!
unbelievable risk/reward at the current market cap, offering a great entry price, with Cube Report and Investor Forum this month, should get some decent PR finally ;)
GLA LTH
I couldn't resist adding a few on the pull back.
IMHO just makes the current market valuation all the more ridiculous.
Lithium prospects all look great.
Sale of Gold and Nickel, that's what we have been patiently waiting to hear at least some news about, hopefully soon.
GLA LTH
News expected before then...
"Mineral Resource Estimate Upgrade: Cube was engaged by Landore Resources Canada Inc. (Landore) to update the MRE and prepare an Independent Technical Report, in compliance with the requirements of the Canadian National Instruments 43-101 Standards of Disclosure for Mineral Projects (NI43-101) on the BAM Gold Project, in Ontario, Canada.
The completion and publication of the report is now anticipated in early May"
3 weeks to go until ...IN PERSON EVENT - Proactive One2One Investor Forum
https://www.thearmchairtrader.com/nickel-futures-price-volatility-russia-war/
"According to commodities trading house Glencore the demand for nickel is set to multiply between now and 2050, the year of the global net-zero targets, because of the expected demand boom from the EV sector. An average electric car today needs 36 kilogrammes of nickel in its production but this will change to of 52kg over the next few decades.
To put it into perspective against other metals, while global copper demand is expected to increase by 2% by 2050 from its 2019 levels and zinc by 2.1%, the demand for nickel will rise much faster by 3.7%. In terms of tonnes of metal extracted from the ground, this will require another 225,000 tonnes per year, on average, "
More on Nickel Demand here...
https://www.google.com/amp/s/www.marketwatch.com/amp/story/nickel-set-to-be-key-beneficiary-of-electric-vehicle-transition-gs-says-271651159590
"The move to EVs should push demand for various metals-- such as copper, cobalt and lithium--higher, but nickel demand should see the greatest rise"
Thanks for sharing tbat article.
oh my! with each passing day our valuation becomes even sillier IMO
GLA
"In the next few years, millions of people will buy electric vehicles (EVs). All those cars and trucks will run on batteries containing metals such as cobalt, lithium and nickel."
LND has all 3 :))
Cube Report and Investor Forum both SP catalysts this month hopefully, oh and some PR wouldn't go amiss lol
Apologies, edit to previous post:
From 12th April RNS...
"Mineral Resource Estimate Upgrade: Cube was engaged by Landore Resources Canada Inc. (Landore) to update the MRE and prepare an Independent Technical Report, in compliance with the requirements of the Canadian National Instruments 43-101 Standards of Disclosure for Mineral Projects (NI43-101) on the BAM Gold Project, in Ontario, Canada.
The completion and publication of the report is now anticipated in early May"
Looking forward to an eventful May.
From 12th April RNS...
"Mineral Resource Estimate Upgrade: Cube was engaged by Landore Resources Canada Inc. (Landore) to update the MRE and prepare an Independent Technical Report, in compliance with the requirements of the Canadian National Instruments 43-101 Standards of Disclosure for Mineral Projects (NI43-101) on the BAM Gold Project, in Ontario, Canada."
Looking forward to an eventful May.
The completion and publication of the report is now anticipated in early May"
If there is a telgram group, could someone please post a link.