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Wow great thoughts all and yeah I think funds for offtakes is what's going to happen here too. Will be huge from this market cap.
All the not the subtle hints say AFP is serious about producing copper and the project is perfect for it. Shallow resource next to other producing mines.
Completely missed by the market this one.
AFP has two major partners backing it paying for works, First Quantum Minerals and Sandfire Resources.
and from the RNS yesterday.
AFP is in advanced discussions with several parties that have expressed interest in non-equity based funding of the capital requirements of the Ongombo Project and it is anticipated that shareholders will be further updated with these matters, project advancement and milestones in the near future.
5p end of this week or early next.
10-15p on news of funding.
20p before producing copper.
50p+ once producing copper.
Forget 4-5p we are talking a producer of copper and a share price far over 20p sounds much more reasonable. I can't believe the market valuation this is moving from. Shocking!
Momentum is building again.
Couldn't buy*
Could buy any at close, so expect another blue day tomorrow.
Glad more are waking up to Firering. The price down here is criminal when comparing the market value to the other lithium shares.
100% throwing in some more tomorrow.
MMs fishing big time for shares, you can sell the lot, but can't buy a bean.
Very confident about all lithium stocks.
Tends to be a lot of competition between them, but this is uncessecary as its one of the critical energies of the future. Plenty of uplift in them and they offer the best returns on AIM/FTSE.
I know someone that will begin promoting this a lot soon. Easy pitch, it's funded, it's got a partner, it's lithium, it's valuation is peanuts, it's in a similar area to Atlantic Lithium, the resource sounds exciting.
So I'll be loading up as many as I can sub 10p as its going to take off soon....
Atlantic will have its moment soon. Kodal has done well. FRG and PREM have a couple of bags in them.
FRG a mere £6.5mil, in Ghana Neil Herbert involved, funded through to DFS completion.
Well done all. Check out FRG for the next lithium bagger
https://twitter.com/FireRing_SM/status/1643543043738312704?t=dk_aDvnFiLGXgJB_Y1nVSA&s=19
KODAL, PREM, ALL over 100mil market caps. Little old Firering at 6.5mil...
The board are in this to line their own pockets. A few months ago they said as much in that investor call. We are in it to sell it.
Big news will come. Q2 is upon us.
Realistically, only a handful of investors will be lucky enough to max out their £20k allowance in the 0.13.s
There aren't enough shares on offer and so 1-2 buys like that would cause a tick up to 0.14s.
Friend tipped me off to Baron and mentioned it was back at placing price, so I'll be entering the fray today.
BOIL is quite predictable, churn is nearing the end down here and then will shoot back up as always.
Some LTH will assasinate me for this lowball estimate, but I envision £500million or roughly 2.6p share price.
I have seen many expect a sale in the billions, but personally would be very happy with a 20bagger from here if an offer were to come....
Same investment philosophy made me a killing with PREM. I invested in them when they were at 40-50mil market cap knowing the CEO valued the Zulu assets at many multiples of that. Low and behold it multi-bagged.
Same happening at Baron. We can invest at a poxy 25mil market cap knowing the board will sell this for no less than a few hundred mil.