Greatland are in a position where they know exactly what their next stages of expansion are. The beauty of a high gold price coupled with higher than expected production and recoveries is meaning that the surplus cash can avoid borrowing expenses and maybe even avoid time delays. It's like getting a lump sum at the start of an investment journey - the outcomes are far better than getting it at the end. In a nutshell, I believe due to the current gold environment when coupled with excellent management, GGP will be able to grow at pace.
The CRML price, if it continues, may start catching the eye of a few speculators. I believe a catalyst to the upside of TM1 share price is the CRML share price. With TM1 MCap being 2M, sale of the CRML shares at a much higher price, even if not at recent highs, is a game changer.
RE: Well if $ 10 million on the way11 Apr 2025 18:50
"Same BoD that sold Lithium project on UK soil for less than London house ?"
It's had a better day today, up 27%. It's been incredibly erratic but if it goes on a run nearer where it started then that could be a massive fillip for TM1
RE: £2 mil contract on a £2mil Mcap9 Apr 2025 08:37
Excellent news - well done. Plus the extra bonus of having to make the absent AJ Treasure work a little harder this morning to try to negate this positive RNS, when he arrives shortly.
RE: Coud not resist - just picked up more4 Apr 2025 16:54
"I've been waiting for 220p to add"
It's going to be interesting on Monday. There is certainly no doubt in the current climate that LGEN ( and everything else! ) could have more to fall. A couple of things in LGENs favour are that it is heading towards ex divi day with a decent 6% final payment which may attract some. Also the new ISA year can help. But it's a coin toss! ( Do coins exist anymore?...)
Haha Daveboy I've never seen anyone respond so quickly every time DT gets dissed.
As a 'transactional' president he's certainly done that - he's just presided over what can only be described as financial vandalism. It staggers me the number of people that still defend this man. Anyway, apologies for off topic.
I wonder if quite a few today have taken profits from GGP to spread into other stocks as opportunities have arisen. GGP is now an even better opportunity in the 11s again.