Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
now the price will be let go. back to mid 20's in short order
This is AIM companies release very positive news here of traders arrive hit 20-30% selling commences shares get take by people who wish to hold them.
End result shares held by people with higher targets for exit.
Company has progressed and made a decent and sensible move with MLL.
Personally disappointed how far we retraced but we are closer to mining than last week and the figures look compelling.
Only one trade so far reported at .065 is a sell all at .07 are buys but all showing as sells. Suspect a big buyer has order in and they will try to shake as many PI's out as possible. This looks like a great share to be in this half of the year
Correct as I said a lot more to invest. How large is your short,
Are you shorting? Really would advise closing this has been way way way oversold. Could be massive upside to be seen
I bought the 15m last night and 25m today these are way too cheap. This is an opportunity to see very large accumulation of profits over the coming months. Any pull backs I will be investing further.
Good luck all
let's hope there will be an RNS to discuss. Fingers crossed financing news. We were told Q1 so a possability. I have been really impressed with the communication we recieve. In Jeremy we really seem to have one of the best CEO's on AIM and a really good return looks very likely indeed
I like the way they have played this as allows for the positive news to land and the market to react. Had both been in yesterday's RNS the price would have fallen and the shorters would have won. This way will not be damaging to LTH but does not help traders, people looking for a fast buck cannot complain when a companies value decreases for 24hrs! As people holding with some faith in the products all it did was allow us to get some very cheap
Got to be viewed as positive 2 licences which assures us seven years of mining with the ESIA on the desk awaiting the final stamp and the bulk samples arrived in china. We could be due very positive news very soon on both and I think it does look like the Mali Government are onside and will hopefully grant a mining licence sooner rather than later. Lithium demand is due to increase dramatically over the next few years so at least we have a product which should be on vogue at the right time.
Looking at the share price it has fallen over 50% on such small volume a little bit of interest should double current SP. Fingers crossed GLA long suffering holders!
https://youtu.be/GQXxHVDBiDo
Posted again for anyone who missed it. Really worth a watch
James I would certainly not consider myself a disciple but I would suspect that if I had anything other than a positive view at this time it would be rather stupid of me to have invested in the last couple of weeks!
As far as the cash raise question. I asked Bernard directly would a dilution of any kind be required prior to filing of the Mining licence application and he said categorically no.
It is indeed your right and prerogative to not take this as valuable information but for me it was note worthy and from my short time looking at the company I think there is really reason to look upon this stock with a positive outlook. I do of course acknowledge anyone showing large losses my well not feel the same way!
James that is a beautiful example of a subtle deramp.
Certainly the ESIA is filed and has been done in conjunction with the Mali government so has to be viewed as a positive.
No placing until after Mining licence filed (From the Horses mouth)
Please at least be fair and reasonable in your posting, this share has been hammered with drops of over 10% at a time on less than 15k worth of shares! Oversold is an understatement which is why I am now here. I back projects close to significant progress which have been totally undervalued by the MM. KOD is a prime example.
Clearly has a massive impact on the direction of discussion on the BB. Anyone down 80% has every reason to be very frustrated. I would add though that the company does seem to be now in a period of progression and news is due on some important aspects with no dilution until those results are known. On that basis I truly believe KOD at current pricing offers a genuinely good investment proposition. If funds allow long term holders might want to consider a few buys to lower their breakeven position!
I can confirm if the price goes lower I shall continue to buy!
Hi sorry for any confusion caused. My interpretation of what Bernard said was the FS and mining licence are being worked on and would be presented asap on receipt of the ESIA. To be fair I was trying my best to be objective in the time line I set out as to give people who had not attended a basic feel for the outlined progression of news flow. I would assume anyone e with a level of exposure to AIM would realise any statements of timing would be best taken with a pinch of salt as very few targets get hit!
I must say the amount of negativity on this board is to me encouraging as when this happens has in the past been a fairly strong indicator that the bottom has been hit and recovery might be due soon.
My personal position to be clear 45m shares at .07 average
Very happy with my investment as upside vs downside looks terrific. Try buying 10M shares and the quoted prices are way North of where we are now.
At the AGM Bernard suggested that the mining licence would be submitted in Q4 and other licences had take 5 months to be issued. He did state that they had learnt from the mistakes made by others on applications so felt a timeline of 3 months very realistic. So working on these projections I would say time line as follows
End October-Mid Nov ESIA approved
Early December FS and Mining licence submitted
March Licence recieved
I attended and my biggest takeaway is funding for the mine is not going to be a major issue (as it is for most junior minors) as our Chinese friends are looking to fund. From the horses mouth who was there in attendance. They are looking to take 100% in off take agreement and so this does look like a project which will fly.ESIA likely sooner than the 45 days as largely already reviewed by the Mali . government. Mining licence application should be ready to be submitted on receipt of ESIA. Timelines now being met and I for one am very positive on this. Separate research suggests that Lithium has reached the bottom so this should rise at the right time. The market is so thin only a small amount of buying pressure should send this up at a very quick pace. Good luck all