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Manlord, we often agree, but IMO there is a fundamental shift here.
We knew that Pitfield was unique in terms of scale, and the fact that it did not match with either beach sand deposits or hard rock mines elsewhere meant some uncertainty, but the cat among the pigeons is when it's neither Rutile, or Ilmenite or a mix as most expected it to be, but rather... tadaaaa; 67% Titanite...(=Unheard of, unproven, untested.)
This also means that the long list of Majors that will throw in an early bid to secure what could be the worlds largest TiO2 deposit just shrank substantially and the long and windy path to "proving it" just became reality.
Now, don't get me wrong. The iphone, uber and amazon were all unheard of too, and I don't doubt that SB knows his stuff, but our path just changed from a walk on the beach to a walk through the jungle.
Perhaps a "buying opportunity" for LTH, and "get out" for the traders.
GL, GTA.
MM's know how to shake'em for starters....
AGEOS hopefully has some thoughts on the latest news, and particularly the interview that surfaced yesterday.
I get the distinct feeling this is quite the bargain at current valuations....
GL, GTA.
....All it takes is one cheeky bid from a major to launch this SP into orbit....
;)
Shut up and take my money!
I'm topping up like there's no tomorrow.
This is unreal at sub 100p....
Cracking news. The market clearly hasn't understood the implications.
Yet.
Next step is (hopefully) getting the 30% owner rolled in under EEE to present as 1 coherent negotiating party.
Then, start the permitting process as soon as practical (a bit early still, but hey...)
Then lean back and see the majors fistfight to get in the door to Bunny's office first.
One way or another, this is not going to remain a small-cap AIM company for long.
Take-over now (weeks-months) at 100's of millions, or take-over later (2024-2025) in the Billions.
Life-changing; likely.
GL, GTA.
Most likely around Indaba in South Africa (where both Crux and SB will attend)
5-8th Feb.
GL, GTA.
I think Rich (LH) got his fingers burnt back with Bluejay in Greenland (where also SB and Greg Kuenzel were shareholders) back in the day.
As far as I can tell SB is pretty clean and has a solid reputation. He also knows his Titanium and should be well ahead the curve on Ilmenite and hematite processing options. You can tell that he's excited about it.
Happy days...
GTA.
So you say,
but It would seem that you have not invested here. Or have I got that wrong?
So except for spreading FUD, what are you doing here?, -and why aren't you at the gym?
GTA.
ROFL LH,
1. You didn't answer my previous question, but just keep posting FUD.
2. Shaun Bunn has clearly stated that the highest concentrations of TIO2 is in the Sandstone layers, and that the majority is Ilmenite and some hematite (with very low magnetite content). Some quotes from the latest crux interview; "It's not all ilmenite", and "as the biggest producer on the planet..."we'll..flood the market with Ilmenite" "plenty of product options")
3. Shouldn't you be at the gym?
Happy days,
GL, GTA.
What, You didn't buy the dip ML?
:)
Happy days.
So LoveHandles,
This is my summary of my understanding of what you're doing here based on your answers:
1. You're not an equity holder, on the contrary; you have already taken a position since december 2023 against the shares. I.e. Short selling the stock.
2. You don't care for the company evolving into a profitable business, but rather you are here are only hoping to depress the SP, to spread FUD, to further depress the valuation to a target lower than current SP so you're reminding us all what a cesspit AIM really is hoping this will allow you to exit at.... (yes, humour me; what's your exit target?)
Have I got that about right?
GTA
LoveHandles. You raise some important points.
2 questions if I may;
1. What/(and when?) made you buy into EEE?
2. What are the biggest positives for you with the results so far?
Thanks,
GTA.
Thanks Catbert. Your points are certainly valid, and the big variables around processing really is what will make or break this. I wish you the best of luck and hope you enjoy your gains to the fullest! :)
For me, I'm in for the ride, It was a gamble back in the sad GEO days, but now, the way I look at this it's either worth very little, or tens of billions. It's a binary bet almost; At the moment the Mcap and share price is still reflecting "very little". (yes, 5p 15p or 20p is part of the very little/speculation range)
It will either be £1 or 1p. Bunn seems genuinely excited, so I think I'll wait for the next card to be dealt....
GL,
GTA.
Well done ML,
but don't forget for a second, that we're still on the runway, we haven't even taken off yet.
I hope you're not afraid of heights. ;)
GL,
GTA.
Well done ML,
but don't forget for a second, that we're still on the runway, we haven't even taken off yet.
I hope you're not afraid of heights. ;)
GL,
GTA.
Just remember, 12p, 16p, 18p, 28p, 42p, 69.5p are all distractions from the real thing.
IF (and only IF!) it's as big as has been implied by the initial drilling then the BHPs. the Fortescues, Rios, Glencore and others will be fist-fighting each other on their way into Bunny's office....
Once a major puts in a bid it won't be at any of those penny numbers, I can guarantee you that!
If this is going to rock the Titanium market at its foundations it will be at a three digit share price.
At least, for a starter. Lets see how good Bunn is at poker.... or was it RISK we're playing this time?
Happy days.
GTA.
LH, The russians??? really??
the russians are struggling to tie their shoelaces at the moment, FFS...
stealing ceramic toilet-seats and having 25% of their population without basic plumbing.
Sorry fella, you're going to have to try much harder.
Lets see what EEE reports back in terms of process options... I have a sneaky suspicion it'll be straight forward with billons in NPV...
GL,
GTA.
Nah.... Looks like we need a major to offer to buy EEE for $500M and get thrown out by Bunn for severely undervaluing Pitfield....
That would put a cat amongst the pigeons......
Happy days. GL.
GTA.
Is that you Rich666?
(seems that your tactics are repeating too, funny guy)
http://michaelwalters.com/stories/news.phtml?num=5192
Maybe this is one of the options what SB was referring to in the Crux interview when he talked about process options for the Ilmenite portions of their find;
https://www.pcimag.com/articles/110912-a-better-synthetic-rutile-is-coming-soon
Exciting times ahead..