Member Info for MikeClarke

I would fill your boots whilst you have the chance also, will get 500-600% return in 12-18 months. Turn your pocket money into 6 weeks pocket money.

I think you will find that with Vince's hand of cards, and the long overdue realisation from OEM's of the required lithium needed to even start their ambitions, that IRR will be taken out for more than £1, before 2 years are over. We will also then have the added bonus of the new gold company on a slightly longer scale that will probably go to a gold major, or mid tier player. I feel that when things finally start, things will move way quicker than we expect. IMHO

Would normally expect early September, or even late August if they want to appear on the ball for once.

His mate has come out to play now.

Swest. Would not be too surprised to see 15 mine life by the end of 2021, and 20 years by 2022, especially when Egyasimanku Hill gets thrown into the pot. If you start doing numbers with these kind of mine lifes and SC6 at $1000 per tonne and above, then it is just mind blowing.

Yes agree with you Jollifant. 70-80% of these placing shares over the last 3 will have gone to 10-20% merchants, who just want to get their capital back and safe ready for the next very easy 10-20%. IRR was handed on a plate.

I suspect we will get another corporate update on the de-merger between the 28th June and 8th July, but probably 1st July. My thinking being the announcement was the 1st June, and with things like this, companies will have a critical path of say 2-3 months to do the first stage, with monthly timelines. Suspect lithium will be split off, with Newco to follow after. We may get drilling updates on lithium before hand.

It is very quiet Swest where IRR are concerned, but I guess everyone is just waiting for the rocket to take off to the planet Lithium and planet Gold? All the vital indicators are extremely positive.

Lol. This will take years to develop and scale up, if totally commercially possible. You will be telling us all they can extract the gold from sea water next, as we will have loads of this at IRR also.

I have lots of both thank you. Try it!!!

I see you have still not had any grammar lessons.

Great News. This is only going one way over the next 6 months, and next year sounds very promising too. Hopefully some good dividends will start to be paid, and the 6 month stage would be a great signal.

Boring!!!!

Wonder if any of that BCN cash, who take the current price /offer, will find its way here. No chance of the Chinese getting a low ball offer past Vincent!!

Patience will be very well rewarded here, I strongly believe. After nearly 5 years of holding and building my stake.

Different reports even have an earlier time for increases of this order. What is clear is that it will be many multiples of the demand now, and could well accelerate even quicker as the adoption of clean alternative power accelerates. Some of these demand estimates only include EV, but the demand for back up power supplies will grow very quickly also.

Swest. IRR will definitely win the race for being one of the top HR spodumene miners in the world. It just gets better each day as the drilling continues, with more great results due soon. As far as the Chinese go, I think the rest of the world are finally waking up to the threat they pose. and will have to be very concerted in investing heavily in lithium processing. It would be great if the Government call in the takeover of Bancora Lithium as this stinks when you consider the low ball offer which is being accepted by the BOD.

It will be interesting to see if this takeover gets called in by the British Government being a UK listed stock, and the increased talk about countries securing this valuable supply of batter materials away from China.

Dean, it was only 30 seconds LOL. Oscar , it will be a lot quicker than 5 years, more like 12-24 months with the total support of the Ghanain government which are very keen for a new revenue stream.

I think it will not be long to get a largely increased resource, and followed quickly by a revised scoping study giving a large increase in NPV, and then by a PFS, which I am sure will be being worked on now. At this time, expect a timeline to production and finance route. I would hope for all of this in the next 3-4 months max. then we will see a rocketing SP.