Member Info for Jenkoo

Correct Wolf, which was why it was never done. Still very intriguing though.
J

What is people general thoughts on the BOD here at CLON?
Any chance they could pull a blinder here?
I loaded up some shares Friday as I can see multiple returns if the Lithium pilot goes ahead. Worth the risk/reward on that alone. Africa is red hot for mineralisation atm
J

G.Roach,
20/Oct,
ref Zulu’s Pegmatite Body:

‘It would be interesting I think, one day to literally put a drill rig ontop of this thing and just drill straight down the middle. I think we could come out with some of the most outstanding assay results one has seen’

Anyone got sight of Level2 and willing to give insight?
J

Investing is not for you if you think this will drop to .4p or are you that bad you think it will rise to 40p within 5 days.. as per your comment?
J

Late buy bodes well for tomorrow mornings push to .5
Still smiling at that Twitter video!
J

6 Trades today...
J

Roger, very difficult to hear of your loss and i hope you manage recover it either through VDTK or other shares. In regards to your question, see my below calcs i posted earlier:

For the six-month period to 30 June 2022, the Group generated revenues of £178,502 and recorded a loss after tax of £636,798.’

What i did was assume then that in 6 months by adding the revenue and the losses together you can work out the 6month cash burn. Divide by 6 and its circa £136k per month. Then divide the £1.5m raise by £136k and you have the number of months left before another raise. (calculated from RNS date)

Unless the company release new news of a new contract, or certification along with sales, or Paragraph JV is deemed a success.... I'm struggling to see a recovery. As you say though.... why would Directors buy? What do they see that we do not? Best thing that could happen here is that we see a large rise due to Paragraph JV (most likely the biggest catalyst) and holders jump ship during the hyped spike. I suspect there will need to be alot of buying power to get passed the huge amount of holders desperate to get out of what is a very poorly managed company with almost zero communication.

Im invested in a number of different Lithium miners at the moment. Highly recommend you take a read about PREM, KOD and FRG which i have been in for circa 3 years now. These lithium plays are really taking off due to high Spodumene prices and demand. Hopefully you can recover your losses one way or another. ATB
J

Reckon they have less than a year based on £1.5m and no more Bradclad orders Roger
J

Thanks Snowking. Good links and good news.
J

Alert- completely get it and I’d also be happy with both approaches as they are both very profitable. I also believe £500m could be conservative but let’s wait for the RUS on that one.
If we did sell mid 23 and then Explored EPO, we could be selling again in 2yrs. That’s another £500m.
J

£17k sale at .8
.5 within weeks if no comms from the company.
Crazy to think they went to 16p on news of Paragraph JV phase 1.
J

Well Acker, if the drill rigs are where I believe them to be (on the Zulu Boundary) and we start to get good results from there,,, who knows.
Part of me thinks Prem would be wise to keep the EPO results under wrap until after the sale of Zulu or at least a £300m+ MC. Then it becomes a ‘PFS->DFS&Pilot->Sale->Repeat’ process. If Prem let the market know too much too early, it could raise the chances of a total takeover which might not give LTH’s the full potential value.
Interested to hear you me thoughts on that one Acker.
(Ps - for any newbies, sale of Zulu is my opinion not fact based)
J

RB - I believe we will see 0.6 end of the month. More if RUS or interim RUS is released.
J

I think we will see quite a bit of this Acker. I predict a few good days of solid rises followed by a breather/consol period. This cycle will continue until RUS where i foresee a rerate. What is certain is that a £100m market cap company cannot remain at £100m mc when its producing £20-£35m of spod each month. I personally see more risk selling than holding.
J

Exactly that Cos. Success breeds success, particularly whilst the supply-demand gap continues to widen.
J

Can we all just take a moment to reflect on GR making the decision to 100% keep Zulu rather than take the easier, faster but less profitable root of JV’ing at the cost of 50% of Zulu.
Holders are at the start of feeling the benefits of Prems ‘short term pain, long term gain’
True value of this decision will come mid next year when Zulu sold for hundreds of millions and a special dividend paid imo.
Another 5% please prem.
J

Another 5% to add to a great 5day average. Unlike previous sp spikes, I think this one will hold and then continue to push on towards .53
Lots of volume and interest from new investors. Much money to be made here.
J

5 and 10mil trades sailing through. Good volume. Would like to see L2
J

A nice rise and a nice tweet. What more could we ask for lol
J