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Hope, for all we know the funding sign off has been delayed until the Mali Gov clarify their new terms, and once this is disclosed on Wednesday, Hainan sign on the line and transfer funds. So I would suggest the LLL news is very important, in fact im surprised it hasnt been discussed all day here.
Think about it, we cannot finalise the agreement if we dont know the exact details of what % Mali gov get, and what % they have rights to, plus what ore we can and cant ship.
I know not everyone shares my view on this but im confident its whats caused the delay, and fully expect the “full steam ahead” RNS either wed-fri this week, or early next week.
Leo Lithium just RNS’d that they will conclude talks with Mali this week and release RNS on Wednesday.
News could be very close 😉😊
Not sure about tomorrow, but I do have a good feeling about next week
Hey musicman, I would expect to hit 50p (if all goes to plan) within 12 months. I do however take a very laid back approach these days, very much a “it’ll happen when it happens” perspective. Could be as soon as 6 months, might take 18 🤷🏻 That just comes down to how long it takes retail investors and institutions to realise whats on offer here. And i’ll be waiting when they do 😎
Not commented here much but just wanted to add that im still in for my £60k at 5p and expecting a 10x bagger.
Great project, great management, great future. Thecurrent sp is a gift for those wise enough to recognise it. Be patient, get paid 💰
To the MOOOOOOOOOOOOOON! 🚀🌗
I think this may be what was holding things up. Expecting the big announcement soon!
https://www.reuters.com/world/africa/mali-adopts-new-mining-code-boost-sectors-contribution-gdp-mines-ministry-2023-08-08/?taid=64d2a82fc01d0e0001ac3bf9&utm_campaign=trueAnthem:+Trending+Content&utm_medium=trueAnthem&utm_source=twitter
I think we will need the DFC funding secured to get over the 6-7p hurdle, but after that BRES could go very high, very fast, the sp is chronically undervalued. Based on DFS stage starting and the current shares in issue, plus the size of the resource, BRES should be trading at 20-40p
Get some more drilling done and an updated MRE hopefully.
Straightntrue, the RNS suggests KMUK has been successfully set up, and now subsidiary Future minerals has also been set up, and now the licence (the last bit) can be transferred.
you sound like you were short and now pooping it lmao!
Confirmation of NO additional % to Mali too..."under the Mali mining code, the Government will have an initial free-carried interest of 10% of the project and the right to purchase an additional 10% of the project.""
Like I said yesterday, 30-50% : )
GET IN THERE 🥳
Expecting 30-50% rise on LLL clarification, followed by another similar move on funding confirmation.
1.35p Target
Grow some ballz or move along : )
Emailed Mike last week, first time i’ve had no response what so ever. My guess is news about to land so he is keeping zip.
Fingers crossed for transformation deal announcement this week 🤞🏻
Clueless have you ever considered just being the bigger man. Daily I wade through the posts here from you and Jonny, and yes, i’d like nothing more than to hop over to PREM and just tear it to pieces, just burn it to the ground for 8 hours a day.
But instead I choose a better path.
Just let go of all the hate and rage, and accept that some people have a maturity level below where it should be. Try to grow as a person, and forgive those who cannot control their emotions.
Love and peace 🤗
WSBN just dis 130% in 2 days on absolutely nothing, I would expect a similar rise here when the inevitable completion RNS drops
Is that it?
Have NCM just suspended any further activity until the merger is concluded in Oct now?
0.6 close imo
Very well presented thank you Biz