Member Info for Lile

Did not expect to see a 10% jump here today. Looks like up to 1.5c from 1.2 in AUS also

Does anybody have a clue what's driving the renewed interest? I saw something about a local lithium discovery near ARV tenements but couldn't find anything concrete

Looks like a more sensible bid/offer spread has gone up today on the OTC market - 0.0379/0.0393

Puts it roughly around 3p, so matching what's on at the UK

Hopefully start seeing some action!

No trading because people holding the stock won't let it go cheaply, which could indicate those in the initial offering have high expectations for the performance.

The consensus for helping the UK SP is that: liquidity is good, USA longevity sentiment is better than UK & more eyes is always a good thing.

People investing solely on FOMO will probably recoil at the lack of movement, and we will see a reduction because of it. The company, funding & technology remain the same.

All the core news recently has been great. Patents filed, trials starting, people coming aboard. Great example is Vera Gorbunova joining the board. She has h-index (a metric of author impact in citations for publications) of 63, which is very, very respectable.

No movement on the OTC market. The best ask is still 10 cents (7.9p), best bid 2 cents. No trades

Really keen to see something happen here, but ultimately it doesn't change the fundamentals of the company.

Ah, gotcha. So only one MM showing their hand currently but more potential players in the game.

I'm guessing 500k is "at least" - is there a way we could know for sure how many shares & who holds them?

A couple of low bids, nothing changing hands as far as I can tell.

Am I right in thinking that with StoneX Finacial offering 50k shares @ 0.1 that there's only $5000 worth of stock up for grabs?

Would appreciate some insight with somebody familiar with OTC Markets

I'm not overly familiar with OTC stuff, but it doesn't look like any trading is happening

https://www.otcmarkets.com/stock/GENFF/overview

I think we'll probably see a few nervous people exit today, probably came aboard hoping with the small bump we'd see the 5p high again.

Wouldn't be surprised to see some more big scoops like we've seen the past few days if it dips back to mid 2

Still eager to hear some news.

I like to be conservative with my estimates, so IMO getting back to IPO levels is achievable within this year if the stars align. It was my belief as far back as December and although people have gone a little hype crazy here with the FOMO rhetoric I think it's good to try and curb expectations somewhat 😅

I think in the longer term, a 150 million valuation isn't crazy. GENF could hit big or fizzle, it all depends on the technology and the results.

I vaguely remember Eric saying something about he wouldn't accept anything less than 200 million, which certainly wouldn't put it up for a quick snap buy from big pharma (unless the trials are outstanding)

In a more recent interview following the death of a collaborator in Genflow, Eric spoke about achieving the dream that he and his colleague had of seeing GENF @ 40p, which would put it around 120mil. So probably a while to go yet until buyouts are on the table

10p this year following a positive listing in the US, imo. 2-3p is a very, very reasonable price!

It's been fairly steady in my opinion, which is good to see.

Dripping or not, at least we're temporarily rid of those nutcase prophets shouting down anybody who doesn't chant along "to the moon", offering naught but wild speculation to those unfortunate new eyes.

I'm almost ready to add some more to my collection, so a 2p crash would be lovely jubbly right now.

What did Purplebricks do to you, Kramreklaw? 5-year-old account, 100 posts, all bashing PURP.

That's wild amounts of dedication to the cause 😂

Where's this information coming from?

Weird take. They will be gone this year if no sale is arranged. I don't think anybody sees this dragging on much longer, either way.

If you're feeling frisky, dump another £500, hope for a 3p rebound on news of a sale, and you'll be back to net-zero

Obviously this is not financial advice.

Which makes it great value for people with the correct appetite for risk.

I've always considered anything under 3p a steal, so personally quite excited to load up when funds clear elsewhere.

I was just really looking for a quick high level snippet of info from people familiar with UFO but appear to have stoked some local rivalries. How odd

Still keen for opinions. More so on the share than the local characters, but hey ho I'll take whatever 🥸

Wut 🤔

New to UFO, bought the recent dip and considered flipping for the quick 20%.

Been browsing, trying to make up my mind, and now I'm curious about the mid to long hold from all this chatter.

What are people's expectations here? What's the outlook, what are the key milestones?

Cheers

Interesting RNS this morning. Doubtful we'll see the needle move much on it, but discussion around a "joint venture" in the Paterson Central project could be big news if a partnership with GGP could be reached to further explore the area within the ARV leases

I think a lot of what has been seen in terms of funding, progression etc. has been really positive. No big red flags that you often get with these speculative early type investments. Obviously, the proof is in the pudding and stability and growth of the SP is the only true metric, so let's see.

I don't really mind negative outlooks, everyone will feel the burn from time to time. I much prefer reasonable scepticism to the rabid and somewhat deranged diehards. GLA