Member Info for long-john-silver

Are we going to see the resource report from Addisons before he puts it out to contractors for tender

He held the ones back that we wanted so we should drill and improve the value before considering any offer. Cobre etc are unlikely to take a complete punt with a big price tag, it would surely be a low ball offer which we don't need. Lets hopefully get the $80M from Sandfire and drill drill drill

Great grades. We are a sleeping giant. Can you imagine our price if we get some grades like that

I have a moving target, currently 5p but if it shows signs of getting there, then raised to 10p

I see some holders have long term averages above where we are now. Good on them for holding through some horrific times and many have been in the 80-90% down club. My first buy was around 0.35p and i was also in the 80% down club. Thankfully I averaged down and now making good money. I would let your holdings ride and see what the outcome is, takeover for some multiples of where we are now or a real whopper of a price

We don’t believe lithium supply can keep up with this level of demand growth. Lead times for lithium mines (from discovery to production) can take 5+ years, so there is no quick fix. If demand can grow at the market’s expected pace, this could lead to large supply deficits from 2025 onwards.

George needs to get some additional units on order with Stark. They say above there is no quick fix, yet Stark can produce the kit in 6 months. If everyone is clambering for this sort of equipment to produce multiple pilot mines, we don't want to be at the end of a queue to get it

Jenkoo, I quite like The Moneyweek Podcast and UK Investor Magazine

https://www.newsncr.com/business/trafigura-warns-the-world-is-running-low-on-copper

Don't forget the EV and renewables market will use oodles of copper. Crazy price JLP is now but i am 100% sure we will do very well in the medium term. A weak buy only because there are weak holders cashing out just now

I keep reading about a slowdown in the world economy but we know the renewables sector will use a huge amount of copper as well as electric vehicles and this article rightly points that out. GLR and Jubilee are some big holdings for me and I am 100% convinced we will reap big rewards. But do not forget to have a bit of silver in your portfolio. I suggest bullionvault.com for some allocated silver with no VAT to pay as you store it in vaults

https://www.newsncr.com/business/trafigura-warns-the-world-is-running-low-on-copper

I think Colin is going to clean up with GLR, biggest pay day yet. Happy to ride along. No respect yet from the wider market but when we get that open pit started in Zambia, they won't be able to ignore the cash piling in and that's if we don't get Sandfires $80M before that happens

if we get $80M from Sandfire, it must mean a one off special dividend to shareholders surely. We don't need that sort of cash for development

Even if the spod price dropped similar to how we have seen copper come off by 30%, the profits will be sizeable. There will be a stampede for these shares as soon as they get noticed by the mainstream. No trading any of mine, hoping to see 5p sometime over the next 2-3 years of if we get bought

Any AGM'ers back yet. Any goss to report

The ability to scale up. To what degree though, 10K tonnes to 27K tonnes or are we soon to see a mega scale up and first signs of Ollie and Tracy's involvment

poxy low volume today considering we are hopefully due to explode northwards soon due to one or other of the projects coming off.

Hey Charles, I think 6 months and we will all be in a happier place, my guess nearer 20-22p. 2-3 years though then 40p+ unless we get bought out

I would feel a bit flat taking 3p, I would rather George select a new management team to take the company forward to get multiple mines and also mining within the epo. We need to drive a hard bargain, that will need the steadfast backing of shareholders to hold out even if 3p gives them a handsome payout.

What a joy I think you meant to say

The canny fox has camped out right in the best place to strike a strong deal. Maybe my 25p target is a bit of a stretch but a ten bagger i feel is very realistic (ten bagger as of 1p)

ruddy spelling changer

It is hard to believe that there are sellers when this share has so much going for it. But many are happy with a couple of hundred quid here and there and that's how they try and make their loving. Me, i'm wanting 25p out of this and won't be offloading a single share in the meantime