Member Info for ivans

Saw RNS on RRR yesterday, to me, looks like RRR could be next to 10bag from low.

HE1 has done well, but I am out for the time being as even if HE1 can do 100% from here, its unlikely to make 10bags from current sp

apart from RRR, another one might be VAST

I know many here are similar thinking as me

Remember George Roach in Prem, so many hatter etc and yet sp was managed to rise from sub 10m mcap to more than 100m mcap last year.

Now, derampers keep scaring us with reminding us how AB cant be trusted etc etc. True, but thing can change and when we get the settlement, i am sure those derampers will be massive rampers.

bottom line, we had done large placing only 2 mths ago and we are about to get large sum settlement worth several bags from here. sp near bottom with tiny mcap.

buy and ignore the derampers.

wont be long for this to be 0.4p again !!

Out with profits, good for liquidity in AIM. now traders are looking for the next 10 baggers. I suspect VAST will be next.

dyor as always

Even without Ireland news, EOG already was undervalue.

Now it seems, Ireland is back in play and this will make farm out a reality . that alone worth several bags from here.

time to add while cheap !!

Making some profit in HE1 despite late to the party.

in my list, VAST and RRR also will start rerating if not next week, the week after. these 3 companies will be massive rerating

Thats my suspect. large part of placing is the cost for arranging the diamond. so it seems we are very near.

expect within days or weeks, we should get rerating news !

Expect another TR1 soon. this is being depressed despite our assets worth multiple current mcap and we have enough cash and dont expect any placing.

definately takeover target. i will take minimum 2p !

Vast mcap only 6m. was 60m mcap not so long ago.

revenue starting to become significant this year and debt will either be restructured to 2025 or diamond news will help.

either way, with copper price now rising back up and additional projects in Taji and PGM today, that alone will start rising back towards 60m mcap this year.

it will be slow as punters still feeling suspicious on funding, but once we have positive news on debt, they will be jumping in here and pushing mcap towards 1p.

for me, am happy to be buying at current low sp and happy to wait for the rerating days.

Yes, they secure the previous client, but with cash balance too low, will they need final placing before summer?

Panic sellers have sold due to believing in derampers, now good news and more good news incoming soon.

expect VAST to be rerating ala EEE and CRCL.

10 bags !!

Many asking why no mentioned about diamond. thats because as mentioned in the webminar previously, they are dealing with government and this is very delicate issue, and they have to be quiet about it as much as they can so as not to anger local people which in turn make it difficult for government to process them.

the less noise which will upset local people , the easier for government to deal with VAST to resolve this issue.

dont trust many of the derampers here. look at RNSs and all the recent webminar. dyor

Reading the RNS, its confirmed the reason for extension is to allow VAST to resolve repayment initiative (ie Diamond) as mentioned before.

so, they agreed to extension as they confident we will get diamond assets.

the rest of wordings are standard wordings for any debt extension.

panic seller will sell but this is huge opportunity to buy in, knowing diamond news is coming soon

Our mcap now is less than half of what was takeover for Edgon, based on same stake of Wressle alone. I believe someone is watching and will take us out especially once flowrate at Wressle is expecting to rise further.

in the meantime, good idea to accumulate while its cheap down here

With lithium asset and clean process, my target is CLON can rise to at least 20m mcap

currently around 2m.

so, for 20m mcap, it will be around 0.5p.

and that is at minimum imho

ZULU lithium is of higher grade. the processing will bring to perhaps 7% or higher percentage, as opposed to normal 5% - 6.2%

didnt GR say that our lithium will be sold at premium to spot price if the % is higher?

Geoenergo probably have several millions in cash. we will get some of these.

in addition, i suspect production will continue and we will continue to get the remaining balance on monthly basis.

Not great but not the end yet.

operation cost for Geoenergo will be greatly reduced (as no expensive directors to be paid etc) and future revenues will be mainly for paying creditor.

that also means, Slovenia government who is the ultimate beneficiary for Geoenergo, wont be able to stop any payment to AST as Geoenergo will be managed by administrator with first priority is to creditors.

Yes, we should be funded until Q3 next year. Nevertheless, since production to restart next month, revenue will start coming in as well.

They booked the date of presentation because they have been communicated by the bank that final approval expected first week or second week of Jan, as long as this date is not changed again.

so, not too long to wait now

I have read the RNS and yes, small delay, but its only delayed to January 2024. thats only less than 1 month away.

we expected to re-start operation next month. so its not too long to wait and this drop is way overdone imho. Our mcap already too tiny, so this should rise back up imho

"In addition, the Company has formed a DMS Magnetite joint venture with Pace SA, named IPace, which secured capital funding from Sable Exploration and Mining in September 2023 to develop a business to crush and magnetically separate ore directly from the Company's mining operations for direct sale to end users. At the time of writing, this project is well advanced but commencement of activities has been impacted by extended delivery times for critical electrical components and the first production is expected late January."

With poor flowrate at BCE, only 40bopd, i feel that PPP is much better with 100bopd and mcap only 2m.

my position in BCE is way in the red but wont be buying anymore. rather, PPP is much better prospect imho

any thought?