Member Info for mattlilly

Fingers crossed for COP today...

$527 million puts us 238..

21 February...good time to buy for recovery and results...?

RBC cuts Ceres Power price target to 110 (180) pence - 'sector perform'

Goldman Sachs cuts Ceres Power price target to 141 (220) pence - 'buy'

Bryan Garnier cuts Ceres Power price target to 100 (225) pence - 'neutral'

Interactive Investor...

Add...the case was filed in the Australian federal Court in Melbourne...

This detailed account backs up what I've written previosuly but doesn't mention Ingo or Ayten...

https://www.afr.com/companies/mining/sacked-ceo-sues-solgold-for-breach-of-contract-20231212-p5equr

Dc lives in Perth and has taken down his linkedin account...

From the latest Financial Report:

"A provision of US$716,170 has been recognised at 31 December 2024 (30 June 2024: US$716,170) for legal and employee expenses."

A new record...96 out of 107 posts...plus ca change...

Platinum started 2025 at 896...hit 1052 on 13 Feb (up 17%...) and bashed down again 7% in the week since...now thats what I call volatility.

Meanwhile SLP rose 14% to 46.8 in the same period Feb 13 but has stuck c46.5 since...

The Gold platinum ratio was 1.46 4 years ago...its now 3.01...

The Gold Silver ratio was 65 4 years ago; its now 89...

My thoughts are that sooner or later these two Precious Metal subsitutes will catch up and, together with gold and copper, the Junior Miners will have a field day...and probably a M&A Fest...all thoughts welcome...

17% may be a minority holding because its less than 50% but if someone buys the lot they will have to state whether they intend to make a bid...

And it would be a tidy foundation for a bid...

But why wouldn't Weichai buy it as they are partners of Bosch...the Chinese stealing more UK technology...?

"Weichai Holding Group Co., Ltd. (Chinese: 潍柴控股集团有限公司) is a Chinese state-owned enterprise specialized in the design, manufacturing and sale of diesel engines. The company operates on four different business sectors which are engines and vehicles, powertrains, luxury yacht and automotive parts."

Like Jinagxi and Solgold, the Chinese State could end up owning CWR...watch out for a 'low ball bid...'

Switched half my AFC into CWR at 78p...

Expect to cash in and reverse the switch...

CWR drop overdone...

Surely Qube will close their short now...

Directors Buy less than three weeks ago...

Question? Does the 17.4% stake sale make CWR a takeover target?

Isn't Weichai the obvious predator? Owns 19.6% and....

"Since 1999, Weichai Group has partnered itself with Bosch....On November 3, 2023, they both signed a strategic cooperation agreement where they agreed to cooperate on the development of new technologies....In 2023 Weichai partnered with BYD, a Shenzhen-based electric vehicle manufacturer and also the biggest electric vehicle manufacturer in the world. Both companies plan to develop new electric vehicle technology, as Weichai has planned since 2010 to focus on new energy options and has invested approximately $550 million in research and development of electric, hybrid and hydrogen fuel cell engines."

Hi Bozi

We only need another $900m and the plan is to finance this through a coppper streaming deal...

Cascabel is unfundable through debt without an equity element, which means more dilution.

Ingo concluded that and it is part of the reason why DC's cashbox attempt went so disastrously wrong (together with potentially excluding BHP and NCM)...

Meanwhile...

https://www.mining-journal.com/m-a/news-analysis/4361327/titan-seals-ususd120m-deal-rinehart-ecuador-copper-project

lundin must be a possibility as well as gina...

https://lundinmining.com/news/lundin-mining-and-bhp-to-acquire-filo-and-form-a-5-123162/

https://www.mining-technology.com/news/lundin-to-acquire-gold-stream/

And even Solaris...

https://www.lse.co.uk/ShareChat.html?ShareTicker=SOLG&share=SolGold&thread=9C1A264D-97DA-4990-A275-2BCB23FCEC72&reply=true

"Solaris” or the “Company”) is pleased to announce the final steps to complete its emigration by year-end following the Company’s previous announcement to position the Company to maximize returns for shareholders and protect the interests of stakeholders by aligning with regulators in Ecuador....In connection with the emigration, the Company is pleased to announce the appointment of Matthew Rowlinson as President and Chief Executive Officer of the Company, effective January 1, 2025

Matthew Rowlinson has extensive experience from senior executive roles in Glencore’s copper department over the past eleven years. Since 2021, Matthew served as Head of Copper Business Development where he was jointly responsible for the strategic direction of one of the largest copper portfolios in the sector and developed deep knowledge of the industry and global inventory of projects.

In this role, he successfully executed multiple public and private M&A transactions..."

But I would love Barrick Gold...

https://www.kitco.com/news/article/2024-08-16/copper-strategic-gold-precious-barrick-golds-mark-bristow

"Bristow said Barrick's goal is build a tier one copper business. ..."

Nice price CN...

Thank goodness I chose AFC instead of CWR...down 63% in a month...

At least we're only down 15%...

That doesn't help...

hydrogen is the future for evs with afc generators on charging sites...

in the meantime the wife and i have rechargeable evs (not hybrids)

https://www.mazda.co.uk/cars/mazda-mx-30-all-electric/mazda-mx-30-r-ev/

****el engine charges the battery

https://www.autoexpress.co.uk/bmw/i3/88777/long-term-test-review-bmw-i3-range-extender

bmw motorcycle engine recharges battery

genius

Just bought 200k (2x100) at c6.60 average...cheap as chips...

By my maths the SXX shareholders received 2.5p/share...

Our asset is worth multiple times theirs and is copper/gold not polyhalite...

Welcome back Talatum....

Don't worry about "loosing" (sic) all your money...

Scott and FNV aren't...

This is the biggest copper/gold prospect not in majors' hands...

https://www.caixinglobal.com/2025-02-17/commentary-why-xis-meeting-with-business-leaders-is-good-news-for-chinas-economy-102289315.html

Tick tock...

Thanks for the olive branch DG1...

"your still the pompous old fool who fails to consider any one else's opinion..."

Conversion on the road to Damascus...? ;-)

PAX

Well said DG1

So to be clear...

In order for a 20p bid to be successful:

It would require the approval of the Board;

Otherwise it would be a 'hostile' takeover.

And/or the ACTUAL agreement of 51% of the shares (or in Jiangxi's case another 45%);

If they didn't get private agreement to 51% before announcing (so ask yourselves how they could do that, because to get PIs on board they would have to write to them all and get agreement...not just some);

And so, once they got to 30% they would have to make a public bid or decline, in which case they could not make a bid for at least a year;

Surely nobody could possibly suggest that whichever way they got wind of it, BHP, Newmont, DGR, Tenstar, Mather, Norges Bank, Sprott would let the bid succeed at 20p?

Not to mention the army of small investors.

And to repeat...Wyloo (advised by Sangha) made a 'low ball' bid for Noront at 31.5 cents when they held 23% of the shares.

BHP made an All Cash Offer of 55c without any shares in Noront.

Wyloo ended up having to pay 3.5 times their first offer to win the day.

So PLEASE don't worry about a lowball bid succeeding.

It wouldn't surprise me if Sangha engineered a Jiangxi bid to get the ball rolling...

If there was a Noront repeat, 20p would become 70p on exit...