Member Info for lfgST

Okay - thanks Jesterscript.

Have you got a link to broker target 168 please? Cheers.

It is frustrating the lack of news but ultimately If I was a potential financier than I'd want the JORC upgrade for beehive before committing to financing - especially if we knew it was with the lab.

Sadly, just have to stay patient.

For a stock that is performing amazing past month, in a hot sector and has upcoming potential catalyst in FAT and recently announced a MOU with a company mkt cap £8bn to sell 175mw of electrolysers genuinely surprised this chat board is so quiet.

This looks a fantastic stock - if we get FAT / SAT over the coming months with these MOUs and hydrogen sector narrative surely we'll be looking at a far higher SP?

GLA.

I wonder what's causing the SP rise today - just catching up after being undervalued ? Pre-fat announcement? Hydrogen sector rerating?

Possibly all the reasons creating this perfect storm - Volume been strong past couple of weeks.

Possibly this news firms up the sp ie people planning to sell pre-fat on a quick rise decide to hold until FAT.

This news with a FAT announcement coming up would be interesting - very interesting.

Thanks for sharing pic12 - appreciated.

Also I made it clear funding depends on as much on the other party doing their due diligence - mgt can only do so much.

ie these things take time - does not happen overnight.

Who said I was shaking? Ultimately managing expectations is important.

And no need to make it personal - easy to hide behind a keyboard and say things like this.

In fairness to mgt in terms of funding we'd be also depending on the other party to do their process so cant't really fault management for no funding news yet and not being done yet.

That being said I think the lack of news is disappointing - makes people wonder. Even a simple no news yet but we are working through it would have been better than the recent silence

Ultimately the market knows the resource is there - more drill results not going to move the SP.

All comes down to the funding now.

My understanding is that beehive jorc is not necessarily required for financing - certainly not P1 since with Iyan they've already shown more than enough resource for the life of mine of project and more.

Is this correct?

Thanks pic12 for the update on this.

Even though the war has caused short term pain to the BRES SP you would think the spike in oil prices and general over-reliance on oil would mean an increase in EV sales and prospects.

Can only increase the case for Orom-Cross.

Would most likely require funding p1 + p2 not only p1, strong western supply chain narrative like DFC funding it and the war to end / be contained.

If those factors happen we'd have a shot.

Ultimately whatever the reason for the silence IF we receive the war ending, new jorc upgrade for beehive AND funding secured on good terms in quick succession this news delay MAY actually end up being favorable.

Only time will tell.

I'm not sure how not releasing further beehive results would affect funding negotiations so i'm not convinced that funding conversations would delay beehive rns.

I can only think beehive results been delayed.

If this gets funded P1 only we are in business - solid rerate.

If this gets funded p1+p2 this thing can explode.

It could also be a situation of seeing whether p1/p2 can be secured now as opposed to funding p1 only.

I'm certainly not an expert but this for a project is relatively low capex P1 / P2. Particularly P1. The economics overall are outstanding.

When we factor in the narrative of the west wanting their own supply chain as well I would think funding occurs but we can never tell.