Member Info for MisterPositive

It took quite a few attempts to Buy a decent Qty in the afternoon but kept going to NT. Got few in the end but was extremely frustrating.

Just imagine, if formal Offer comes Monday morning or next week, MMs will open this @ 7p.

Our mystery suitor list.

Norilsk
Glencore
RIO
Chinese

Recently Chinese premier Xi Jinping met with Putin on strengthening economic ties between both countries establishing long term partnerships.

At the same time RIO TINTO been making strides in acquiring battery metal deposits to gain competitive advantage over rivals like BHP.

The plot thickens.....Hmmm

Highest price today was 4.50 mate.

With TEO study due any day, this is primed for a substantial rise to at least +7p level.

TEO not priced in yet. That alone should double the price here. 10p should not come as a surprise.

Genie is out of the bottle now...

They still entering trades in the system. Ignore Google price.

Coz info leaked, company had to confirm, yes we are in discussions with a potential purchaser.

They not accepted £100m offer. Its early doors.

With bidding war, we could be looking at well over +15p range...more like 20p.

$30billion worth in-situ resource.....
£150m - £200m....come on !!! Having a laugh?

£100m offer is just the start.

If you add the cash balance, then we looking at just over +7.5p a share.

TEO study due any day, which should add another 50% minimum to above price taking to over +11p.
Very conservative figures.

Or even an Institutional/ fund manager accumulating stock on the cheap before it goes over 7p.

First shot fired @ £100m....knowing full well it would be declined by the Board. But bidder has to start with something to test the competition.

Huge trade that one...

Could that be the Bidder or a rival bidder ?grabbing stock in the Open Market on the quiet to accumulate enough Voting rights ?

In case it goes to Bidding War / hostile takeover?

I think £100m offer makes it little over +7p

AMC just received indicative offer for £100m
That one is flying now....have a look.

I like deemule 1.4p a share conservative estimate but will Oil forecasts of $125 / bbl this year and $150/bbl next year, i think we should achieve lot higher than 1.4p a share.

Buys @ 0.18 and 0.1810 are showing as sells.
Due to the wide spread.

MMs trying to fill a large Buy order by the looks.
Have to pay full Ask 0.20 for slightly large Qty.

0.20 for 3.75m shares

Oil rebounding very nicely.

Took advantage of this temporary drop after getting to 0.29 last week. Trajectory is higher from here on. Already dropped 50% from 0.45 about 6 months ago.

So undervalued.

Took some at this low price.

Should start to move into a NEW higher price bracket soon.

Gold is a bonus here but the large chunk of Upside is from Graphite. Our 54% share of $100m annual revenues is what i am after. MCap should adjust higher accordingly.

Good entry / top up price created after drop from 0.28

Yeah looks like it. Been a drag for past 2 weeks.

Hopefully we can start building to the upside now without any overhang.

What a rollercoster day. US market decline accelerated in the afternoon which spooked many. Volatility is back.

Dip666
Very nicely presented summary outline / thoughts.