The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Back to 50p near term imo
FDA approved killer technology, stunning.
This is going to absolutely fly with more medical institutions coming on board.
Next up the conference in a week!
Holding Kodal Minerals 110% up.
Holding Premier African Minerals 200% up.
Holding Cleantech 33% down.
Holding Atlantic 20% up.
Holding Firering 5% up.
The first two, KOD and PREM, the investment community is very vocal and shoot down misinformation on social and promote the fundamentals heavily in various groups. ALL however the fudsters got their way with little pushback. You rarely hear a peep on social about what it is sitting on and whats to come. Baffling this is under 60p a share, but not surprising factoring those things in.
However the tide is about to turn the next few weeks with a catalyst as huge as the DFS dropping and good odds of the mining licence too.
Since then
Lithium prices well up
Resource has grown again
Drilling continues
Global lithium stocks rallying
DFS due soon
Mining licence due soon
Mine plan looks completed
Potential for acquisition
MIIF $30mil investment must be far in discussions
A solid case for 60-70p a share right now when factoring all of that in.
Lithium / spodumene prices up again.
Both DFS and approval this quarter would be quite nuts!
Also lithoum prices up again overnight.
Always been perplexed so many hold something with little potential to mine and decreasing potential of a sale.
ALL Atlantic Lithium soon mining and PREM Premier African mining now, are much more likely to experience a sale event at premiums to current values in my view. Plus lithium market is mega hot.
14:45:59 33.798 147,937 Buy* 33.30 33.50 50.00k
Big buys at premium, seen a couple like this last week too. Accumulation going on....
The market cap has long way to go even in post exploration and development stage. £200mil when Lintown rejected $3.7bil...
As I keep saying I think the DFS this quarter will be explosive, factoring in both the updated large mineral resource, even better project economics, longer LOM, faster payback etc....!
Lith/spod prices up again, many ASX lith stocks up.
Https://www.reuters.com/markets/commodities/lithium-miner-liontown-soars-rejecting-37-bln-bid-albemarle-2023-03-28/
Meanwhile Atlantic sites here sub £200mil, despite some of the best project economics and resource grades and depths I've seen.
This will re-rate at some point this year, the looming DFS may trigger a momentous rise.
My targets and I think fairly conservative
2023
End of Q2 50p
End of Q3 60p
End of Q4 70-80p
2024
100p+
2025
200p+
On the flipside Africa brings many advantages.
Such as:
-considerably lower costs
-some of the best quality spodumene in the world
-more incentives for the Government to allow mining for tax reciepts and investment
-less environmental and community hurdles typically then Europe, Aus or Americas
How ALL is under 50p is beyond me. Resource is a beast, PFS demonstrated the best numbers I have seen for a lithium project and so much great news to come.
I expect ALL to receive an offer to buy over £1bil shortly after DFS. DYOR
Once that DFS lands this quarter with updated project economics, factoring in a higher spodumene price, as well as the higher mineral reserves, then this should be valued as a £1bil company like many other lithium explorers are. Once the mine is built in 2024, then a £2bil company.
MMs held this back today as buys massively higher than sells. They'll have to let this run soon.
DFS will be mega, building upon an already outstanding PFS and also incorporating the recently updated mineral reserves.
With more resource growth coming, then the final permit and then likely commencement of mine construction further in this year, I think we'll be look at over 100p in the not too distant future.
Good buy at 30p.
https://twitter.com/jczuleta/status/1653979060844871680?t=nuxFtTc4eL0WunAUFrUicQ&s=19
Also reassuring to see the Ghana officials working to fastrack the licence and the recent mine visual.