Member Info for haggismchaggis1

Buys 30,958,680

Sells 3,963,662

Go figure on who's the clever investors!

The usual clueless deramping trolls arrive as always after a placing, if they only knew the first thing about AEX and Ruvuma they wouldn't be spouting garbage on here, they'd be loading up.

AEX is now a 99.999999% risk free stock, all the way to gas production from a huge resource, and fully funded for multiple wells.

Loads of buying. Of the past 82 trades only 2 were sells.

Buys 22,449,990
Sells 2,913,662

Rocka,

They must have done a lot of DD before purchasing that much stock.

Well that fund raising was a bit out of the blue, but hopefully now gives all longs the confidence to buy and hold at this dirt cheap price.

S4 Capital PLC TR-1: Notification of major holdings

Permian Investment Partners, LP
New York, United States

Resulting situation on the date on which threshold was crossed or reached 3.46%

Shares 555,464,515

Position of previous notification (if applicable) - ZERO

San Lorenzo,

You need to stop reading all the conspiracy stories on the internet, or eating too much cheese, one of the two.

All you have to do is do a tiny bit of research to see why the S4 price was dropping before the PWC delays, and no conspiracy is involved.

"Why S4 Capital’s share price just tanked"
Published 10 November, 2021

"What the market didn’t like was the fact that the company advised that it’s set to make extra investments in the near term to boost growth."
“The pandemic has proven to be an accelerator of digital marketing transformation and we are taking full advantage of this opportunity by choosing to invest a proportion of our EBITDA margin in growth,” wrote Executive Chairman Sir Martin Sorrell in the update.
"These investments will hit profits in the short term and as a result of this development, analysts have reduced their earnings forecasts for the next few years."

https://www.fool.co.uk/2021/11/10/s4-capitals-share-price-has-fallen-below-700p-is-this-a-buying-opportunity/

What investors should be looking for is a results RNS showing no issues, and then a share price rise back to the pre-PWC issues of £4 to £5.

Is this a case of "you wouldn't want to be out of this over the weekend" I wonder?

Is that even a thing these days (by those hoping for a 7am RNS on a Monday)?

One thing I will say is that ALL is very good with keeping shareholders appraised of progress, with frequent RNS updates on drilling.

Looking at the list of historic RNS, we could get another update in 2 weeks from the ongoing drilling.

17 March 2022
"Reverse circulation ("RC") drill rig arrived on site and commenced drilling. Regional exploration auger drilling ongoing over Mankessim and Saltpond licenses, and 100m x 100m soil survey commenced over the Cape Coast license."

18 January 2022
"six power auger rigs active"

Their IRR is 21%, ours is 194%.

Compare Frontier Lithium project size and value to that of Atlantic Lithium.

Frontier Lithium Market Cap CAD668.854m = £407.35m
Atlantic Lithium Market Cap GBP293.76m

About Frontier Lithium
Frontier Lithium is a preproduction business that is targeting to become a manufacturer of battery-quality lithium materials to support electric vehicle and battery supply chains in North America. Frontier owns the PAK Lithium Project which contains one of North America's highest-grade, large-tonnage hard-rock lithium resources in the form of a rare low-iron spodumene. The project continues to have significant exploration upside with potential to increase the lithium resource. The Company is a pure-play lithium development opportunity with the largest land position in a premium lithium mineral district located in Northern Ontario.

About the PAK Lithium Project
The PAK Lithium Project contains a tier one lithium resource size in North America and is one of the global top three premium resources by quality. A 2021 preliminary economic assessment (National Instrument 43-101 technical report titled "Pak Property" by BBA E&C Inc., issued on April 5, 2021) delivered a fully integrated lithium operation from the resource to achieve downstream conversion plan for production of battery-quality lithium salts. The study resulted in an after-tax net present value (discounted at 8 per cent) of $974-million (U.S.) with a 21-per-cent internal rate of return. The Project encompasses 26,774 hectares at the south end of Ontario's Electric Avenue, the largest land package hosting premium lithium-bearing pegmatites in Ontario. The Project is supported by a measured and indicated resource of 21.64 million tonnes (Mt) averaging 1.56 per cent lithium oxide (Li2O) and inferred resource of 20.87 Mt averaging 1.42 per cent Li2O.The Project covers 65 kilometres of the Electric Avenue's length and remains largely unexplored; however, since 2013, the company has delineated two premium spodumene-bearing lithium deposits (PAK and Spark), located 2.3 kilometres apart. Considerable exploration upside is supported on the Project through two other spodumene-bearing discoveries: the Bolt pegmatite (located between the PAK and Spark deposits), as well as the Pennock pegmatite (30 kilometres northwest of PAK Deposit within the project claims).

https://finance.yahoo.com/news/frontier-lithium-completes-advanced-phase-120000512.html

https://finance.yahoo.com/quote/fl.v/

Worth a read of this! Pilbara CEO on Lithium prices. Ignore that it's on fool, it's the CEO's comments we are interested in.

https://www.fool.com.au/2022/04/01/own-pilbara-minerals-shares-heres-why-the-ceo-is-so-bullish-on-lithium-prices/

Mouse is ticking again, double post unintended!

Yeah, it looks great.

I was interested in the higher grades they are getting and the big intersections. So, with a bit of help from Excel:

Top grades, sorted by grade:

GRC0367 18m at 1.50% Li2O from 53m
GRC0368 14m at 1.52% Li2O from 157m
GRC0368 14m at 1.52% Li2O from 157m
GRC0351 30m at 1.53% Li2O from 109m
GRC0365 23m at 1.55% Li2O from 73m
GRC0364 26m at 1.57% Li2O from 126m
GDD0044 37.7m at 1.59% Li2O from 50.3m
GRC0397 15m at 1.60% Li2O from 136m
GDD0015 91.6m at 1.60% Li2O from 8m
GDD0020 36.5m at 1.64% Li2O from 17m
GRC0454 33m at 1.67% Li2O from 107m
GDD0016 35.7m at 1.83% Li2O from 58.3m
GDD0033 17.5m at 2.01% Li2O from 51.4m
GDD0048 24.7m at 2.01% Li2O from 14.5m

Top intersections, sorted by size

GRC0454 33m at 1.67% Li2O from 107m
GDD0016 35.7m at 1.83% Li2O from 58.3m
GDD0020 36.5m at 1.64% Li2O from 17m
GDD0044 37.7m at 1.59% Li2O from 50.3m
GDD0017 43.4m at 1.23% Li2O from 45.6m
GDD0036 44.5m at 1.43% Li2O from 36.5m
GDD0014 52.3m at 1.30% Li2O from 20.4m
GRC0392 53m at 1.34% Li2O from 80m
GDD0022 58.8m at 1.45% Li2O from 34.1m
GDD0047 62m at 1.40% Li2O from 36m
GRC0426 64m at 1.28% Li2O from 74m
GRC0428 66m at 1.26% Li2O from 41m
GDD0039 67.7m at 1.36% Li2O from 41m
GRC0425 75m at 1.17% Li2O from 68m
GDD0015 91.6m at 1.60% Li2O from 8m

Yeah, it looks great.

I was interested in the higher grades they are getting and the big intersections. So, with a bit of help from Excel:

Top grades, sorted by grade:

GRC0367 18m at 1.50% Li2O from 53m
GRC0368 14m at 1.52% Li2O from 157m
GRC0368 14m at 1.52% Li2O from 157m
GRC0351 30m at 1.53% Li2O from 109m
GRC0365 23m at 1.55% Li2O from 73m
GRC0364 26m at 1.57% Li2O from 126m
GDD0044 37.7m at 1.59% Li2O from 50.3m
GRC0397 15m at 1.60% Li2O from 136m
GDD0015 91.6m at 1.60% Li2O from 8m
GDD0020 36.5m at 1.64% Li2O from 17m
GRC0454 33m at 1.67% Li2O from 107m
GDD0016 35.7m at 1.83% Li2O from 58.3m
GDD0033 17.5m at 2.01% Li2O from 51.4m
GDD0048 24.7m at 2.01% Li2O from 14.5m

Top intersections, sorted by size

GRC0454 33m at 1.67% Li2O from 107m
GDD0016 35.7m at 1.83% Li2O from 58.3m
GDD0020 36.5m at 1.64% Li2O from 17m
GDD0044 37.7m at 1.59% Li2O from 50.3m
GDD0017 43.4m at 1.23% Li2O from 45.6m
GDD0036 44.5m at 1.43% Li2O from 36.5m
GDD0014 52.3m at 1.30% Li2O from 20.4m
GRC0392 53m at 1.34% Li2O from 80m
GDD0022 58.8m at 1.45% Li2O from 34.1m
GDD0047 62m at 1.40% Li2O from 36m
GRC0426 64m at 1.28% Li2O from 74m
GRC0428 66m at 1.26% Li2O from 41m
GDD0039 67.7m at 1.36% Li2O from 41m
GRC0425 75m at 1.17% Li2O from 68m
GDD0015 91.6m at 1.60% Li2O from 8m

£8 is easily possible, it's only a case of being patient and being able to see further than the end of your nose, both of which short term traders are unable to do.

£8 is a MCap of £5.87Bn.

Some of AFC's peers have already gone well past this, so anyone saying it's not possible is only fooling themselves.

InvestorSteve,

From the FT article (and they usually don't publish guff)

"One industry executive said the hold-up could be related to an issue such as producing the paperwork and evidence required by PwC to justify accounting assumptions underpinning some of the media group’s acquisitions. This was more likely the reason for the delay than a fundamental problem with its books, he suggested."

I paid 0.8p so I've made a fortune, but nothing compared to what I'll have made when I sell them for £8.

InvestorSteve,

If it was short staff, PWC would have told S4 and S4 would have told us. PWC told S4 in March that they were short staffed, so they would have told S4 if it was that.

Logically, it is not short staffed.