Member Info for LuckyLuciano

Lucky - I thought it was a trifle optimistic!
lol... yes can you imagine up some 30% just like that.....
No the thing is that ALL sp action has become very interesting and possibly entered a new dynamics, with recent quotation on AUX.
The two exchanges are causing some sp readjustments that is not going only in one way, therefore possibly more difficult to predict.
Thing is that imo, slowly but surely ALL will be revaluated accordingly to AUX metrics, and that is a great thing for us invested here because it implies easily some 100% revaluations compared to peers if not much more.
Already the AUX price is some 6.5% ahead of AIM price and just because ALL was originally quoted in UK doesn't means that the Aussie investors will take that in consideration, and sell/realign the price accordingly to AIM price.....if anything I think will happen the opposite.
On trading ALL, I am the first to admit having made many monumental mistakes and missed many train to richness .
One reason that keeps me invested on here and FRG even if now making handsome profits is the sector, beside companies fundamentals.
Lithium is and has been in uptrend for a while now, I missed the train partially due to a F@king report from GS that predicted doom and gloom for lithium very imminent.....is very true that its wiser to listen to many sources before making any investment decision.
With FRG and ALL I came across 2 more opportunities and this time I am determined to ride this train, maybe taking some profit sometime down the line, but keep a core investment to see those many multiples valuation coming trough.
Incidentally I am also doing some more research on some other lithium explorer in the AUX market and have come across few potentially great candidates, but this possibly is not the right board.....to discuss those.

In short, Market to remain tight for foreseeable future.
https://www.fastmarkets.com/insights/lithium-price-peak-supply-demand-balance

Apologies, this "Likely to close above 60.60p.........." Should read likely to close above 46.60p......

65P coming imo.
Today is a pivotal day for sp tech side.
Likely to close above 60.60p, which is recent day close resistance and should become support...
Interesting day candle shape today, with long "shadow" below opening price, would be nice to see the candle body green to close above opening price, but the usual UK investor looks like is making sure this is not going to happen.
Saaaad.

Is astonishing how till now, FRG has been hovering under the radar of main stream investors...judging by the number of posts on this board.
Yet share traded volumes are increasing which together with sp rising is the best one can get.
Massive news flow coming out any moment now, with assay hopefully confirming thickness and grade of drills...
Sorry I forgot we just got $19 millions cash injection to reach DFS.
Rerating in the making here...

Yes GaiasKidney
I am on similar numbers.....on these estimates, ALL is now valued on a PE of 1.
I don't expect a Ghanese miner to be valued at same multiples of AUX Lithium miners but a PE multiples of 8/10 in 18 months time sound realistic here....

Have messaged my broker asking why I have paid SD on ALL...
Broker been Interactive Investor

Goolang that is impossible to forecast....
We still don't know after new DFS how much higher will be revised ALL 50% share of production, we don't know what will be 6%Li Spud price.
We don't know at what price we will sell or Pied will buy its 50% share of production.
Its safe to say though that current PFS is ultra conservative in quantities and sale prices.
...But for pure guess work exercise I am guessing revenue for ALL share of a full year production is going to be.........
No idea

UK stamp duty will be applied to all UK share purchases except the majority of FTSE AIM-listed UK shares, which are not subject to stamp duty. Please note there are, however, certain FTSE AIM-listed UK shares where stamp duty does still apply.
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All my ALL purchases are in October and yes paied SD.
But my purchases of FRG have no SD.

..also have you noticed that most TV advertising these days, are about EV?

Sure...probably assay results will come in 2 phases not all together and in between, is likely there will be more news on receiving the $1million from Ricca and more, like new drilling plans etc..
This $19 millions financing potentially have changed completely timing and priorities for FRG.
I wonder if they are now going to abandon or postpone plans on Coltan production.....(that's my hope)
I mean, surely now share value lay in reaching a maiden resource and PFS/DFS, the money are there they just need to go for it...drills, drills and drills....
I was looking at the village of Touvre on Googlemap, where Atex Spodumene Hill Target is located.
If you look at the photos for Touvre on google map, you will see a guy with core samples of what look lithium mineralization ...lolol It has to be because the photo is dated August 2022.

The first batch of prepared half-core samples arrived at Intertek Laboratories in Perth on 21 September 2022 for assaying.
===================================================
So 1.5 months ago......results are imminent..
Was reading thickness of some drills continuous mineralization, wow some up to 80 metres like drill 004 and 006.

Have to say looking at timing of commence drilling and assay result from Atlantic Lithium it passed 3 month circa...
For Firering commence drilling was on 28th June, more of less 3 months was middle of September when as rightly bankrupty pointed out there was a sp spike up .
Then till now a delay of more than a moth, maybe to organise Ricca earn in agreement.
Assay results should be due starting Monday coming, but I am happy to wait, I don't know why but have the feeling they should be great...

Bigwil7
sometime this quarter for assay results as from company statement
but before that if I am reading correct we should/could get rns on receiving $1miion from Ricca ?!
Possibly I would imagine also news of accelerating 2nd drilling complain down the line...

The more I search and the more I am convinced that ALL has a world class deposit in Ghana...
Was looking at Global Lithium "Manna Project" recently valued at Au$ 300 millions, no PFD, no funding in place (please check on these...) Maiden resources 9.9Mt @ 1.14% Li2O and 49 Ta2O5 ppm (100% basis)
Click on Table 1: Significant intercept.....
from link below.
https://globallithium.com.au/our-business/manna-lithium-project/
Then compare thickness and grade of those drills with ALL assay results.......
No wonder in Aus they are getting exited about All..

Indeed.. and fortunately it seems ALL been quoted on AUX has been a good idea.
It look like they are starting to love this share/company over there, coverage an exposure is increasing to the point that the negative London investors are dragging All sp down.
No surprise there when you see how many incompetent gamblers are willing to invests in PREM..
Here some new media links on Aux market and All. You need to register.
From 8th minute into video...
https://www.ausbiz.com.au/media/the-call-wednesday-2-november?videoId=25175
From 12.30 minute in to video.
https://www.ausbiz.com.au/media/tech-names-subject-to-takeover-atlantic-lithium-surges-?videoId=25238
Nice week end

Have to say... by reading the Hotcopper investment board on All, I see a world of difference in the general competence and knowledge Ozzies have on mining technical and valuation of companies.
I suspect many there are actually miners working in mining companies at many levels.
If you want to increase your knowledge go for it...

Bigwil7
I found that there is not much comments here as well, I suppose it take time for a company recently quoted on AIM and with such small market cap to enter the investors radar...
IMO this is a good thing, very good and imo is reflected in the sp action.
Volumes are increasing and sp is rising fast with hardly any retrace, anyone invested can not ask anything better than this.
I doubt the mm is short of shares here, there must be quite a lots of shares actually in mm domain, considering that FRG sp since quotation on AIM has/was coming down.....
I love for FRG to remain under the radar of investors, but have the feeling at this rate of daily sp increase, it will attract the inevitable investors that make investment decisions, only by looking at which share has gone up the most at the end of the previous day......
Anyway what a nice place to be invested here.....coming drilling assay has become ever more a catalyst new now and for the conspiracy theorist (bankarupty are you listening?) they are sure to confirm high grades and viability of the project.
Extract from latest financials:
•Detailed geological mapping, auger drilling and soil sampling provide evidence of a
much larger pegmatite field than originally thought.
But also....
•Potential new pegmatite field identified in the NNW of the Atex licence area.

Are you watching this?
Market pricing in $19million investment from Ricca with still drilling assay news to come shortly.
Little sp retrace to the close even if is Friday and high volumes.
More to come next week, still awaiting my 20p plus prediction...lol

Thanks GaiasKidney
I admit I am having a bit of confusion with reported resources and cut-off grade, thinking that the 30m/t at 1.26% they mention was cut-off grade.
Still the principle of lower grade and higher total contained spodumene doesn't change.
Saying that, still some 50% of assay results have to come in, best thing to do is to wait.
If anything the positive here is that we are getting more spodumene outside the delineated resource area and some in the area are higher grade, even if only 1 meter...lol
To note that current PFS is based on 18.9Mt at 1.24% Li2O Maiden Ore Reserve (not resources)
Bring on revised DFS please..