Member Info for jonesrichard

to appear, it was actually a little disconcerting them not visiting this BB today so far but here they are, sent by their boss to attempt to sow some seeds of doubt before take off tomorrow. Very sad way to earn a living imo.

I know your pain, I Bought GGP at 2.75 and sold at 3.50 thinking I'd done well only to see the sp at 37p a couple of months later! Also was in EUA at 12.77p and sold at 21p only to see that move up to 45p a couple of months later! that's why I will be reluctant to sell any here until at least 25p where I may well slice a few, like to think I've learnt from those two previous selling too early experiences!

Thanks for confirming Snowking, I've never been fortunate enough to be in a 50-100 bagger before, hopefully it will actually happen here!!

So the 25/50p + sp, in time, could be on!!

I'm hearing you Snowking, to be fair GGP and EUA holders probably didn't think that 45p or 37p sp's would be likely but they happened, when a company has an asset that is effectively the largest lithium mine in the world I don't think you can really rule out any SP moving forward, especially now that production is actually on the cusp of being a reality.

Yes, everything should be much clearer once the sp is at the 5p level, best to get to 1p first though, hopefully this month at some point!

EUA has been as high as 45p so don't see why it shouldn't be the same potential here at some point this year!

I don't care who comes, Germans, Chinese or anyone else, as long as the final T/O offer is 25p + then I'm happy.

EUA style rise here would mean 25p + coming this year then?

So if the mine should be worth billions once producing then presumably the sp will be worth many many multiples of 1p?

"ZULU is currently 0.7% of the GLOBAL Li resource. Upon the EPO grant (expected Friday 12 March 2021) that figure will significantly increase.

The increase in overall ZULU size is MINDBLOWING!!!!!!!!"

https://twitter.com/mrcod72/status/1368534151155040258

I not really sure but would presume with the assets and resources that PREM have the Chinese would have to pay at least 30p? or much more?

The easier question is who's NOT going to be trying to grab as many of these golden tickets as possible under 0.25!!

Yes, worth the risk for a 10-100 bags return for sure!

Sometimes the shares in issue don't actually matter believe it or not, it's the asset and resources that will take this ultimately to the much talked about 25/30p + area.

GGP and EUA both went over 30p, I guess many feel that the assets here mean that the same could happen here. By this time next week 30p + may not seem too crazy of a potential sp at some point in the future!

Lets see, they said EUA couldn't go as high as 45p but it did, they said GGP wouldn't get beyond 30p but it did!

50p in time maybe but £2.50 does seem a bit too optimistic I think.

PREM to EUA and think that a similar rise could materialise here, time will tell as always, the assets here are mindboggling to be fair!

I'm presuming in that instance the assets alone would most probably be worth 30/40/50p alone, would be nice but obviously there are many companys that would love the Chinese to come in and T/O but it doesn't always happen unfortunately.