Member Info for Not2sure

No I don't think so per se , just a point I was making as the advent of lithium exploration is in its relatively early stages African countries need to have laws in place to protect lithium resource from unlawful mining which could involve unprocessed lithium being exported..but I am referring to illegal mining and not the likes of Atlantic

I am understanding this correctly in that you are saying there is no artisanal industry in Ghana ?

There are a few factors at play at the moment and I think the Ghanaians are trying to get the right balance..there are approx 1 million people employed within the artisanal gold mining industry with about another 5 million dependent ..obviously they would not want a similar situation within the lithium sector whereby artisanal miners are exporting unprocessed material..Zimbabwe have already imposed a ban with others probably to follow..however with so much at stake with Atlantic employing so many locals , improving infrastructure in the local community not to mention the huge financial benefits that they will reap through taxes and free carry I personally think it is inconceivable they will not get ML ..I do think the subject of exporting lithium is more to do with the unlicensed artisanal mining which is not only depriving the government of income but wrecking the enviroment through improper practices

The Ministry of Lands and Natural Resources of Ghana had to come out and make a statement to the fact that no mining licences for the exploitation / extraction of Lithium have been made by the government following several news articles to the contrary.

They finished by saying ..The Ministry of Lands and NR wishes to assure the general public that it remains committed to the efficient effective and sustainable exploitation and management of the natural resources of our country in the spirit of transparency anchored on integrity and utmost good faith for the benefit of Ghanaian people.

Things are clearly hotting up and the locals need appeasing understandably !!

I have been in many a company with a ceo happy to be very upbeat and positive in interview only for shareholders to be put over a barrel and smacked with bad news just 5 mins later..however I really do not think NH and AH chucked all that cash of their own in to give us an illusion of reassurance !

I have to say that I challenged a few people on here who derided others for selling ..it just goes to show no matter how good you think a particular companies prospects are it should never hurt to take a profit and ALL had done very well for many when it went into the sixties..I have seen it so many times before when a sp takes off and then fall back significantly for apparently no reason .

Lol and yet you still hold solg shares !!

Where did you here that Joe ?

NAL THEIR ! Lol

I agree with what you are saying Teddy and if you believe in the longer term bigger picture the rewards will be worth waiting for but as I may have said before the market does not generally like delays in what it has been told and although I think we have a good plan laid out I could not help feeling a bit disappointed with the DFS and the reaction it might get from the market ..personally I have bought more but I also understand why clearly some have sold..throw DGR selling into the mix if it is definitely them and we end up under a bit of sp pressure..for the moment I see the weakness as a good buying opportunity and hopefully the market starts to rerate us when the ML lands , any investment from MIIF and any possible deal on the remaining 50% spod

Lol I stopped reading most of the drivel on here years ago but even I know Novice was talking about MassiveRay !

Teddy excuse my ignorance but what was the disagreement between Vince and DGR ? cheers

Think we have been sold down because a few of the primary numbers have been adversely altered to what the company had been telling us for a while..that is not to say that we still have a very viable project on our hands but payback is now 19 months and not the 4 months often reiterated..operating costs are higher and as a knock on IRR is reduced somewhat ..still a long term holder but a little disappointed with the numbers..good but not as great as we were built up to expect

When I said last week that I did not think the dfs would move the price much I mean't upwards ! I certainly did not have this in mind lol

Is all this waiting playing up with your hearing again swest ?

LL .. I think NH is only too aware of his abilities and limitations and has said so in interview whereby he said as much..do what you are good at and get others who know better and that is why he was instrumental in getting Keith Muller on board..we have a lot to thank NH for both financially and making important decisions..there are a number of AIM companies whom I would suggest could do with more technical help rather than rely on the ceo to make decisions

I would imagine a good DFS could see a little uplift in the sp but I do think the numbers being good are sort of expected ..it will be the granting of ML that will hopefully put to rest the BO report

All I would say if you can work out a timetable in a matter of days for ALL you are very fortunate whereas Solgold of whom I know a few on here are in it is years lol not even months !

Lol you appear to be spending too much time working out countdown for DFS .. I am happy to wait for ' we are on track to deliver dfs by end Q2 '

To be fair JP was only 50% wrong ..he promised us sex and violence..unfortunately we only got the violent bit !!