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Nice. Red Cloud is our US/Canadian broker.

Yes the bulk of American Lithium's TLC resource is in the 800-900ppm range.

I guess this is what Charles means when he says the market is less familiar with clay resources.

Looks like someone bought on the news this morning looking at the 500k buy @ 15.9p

A similar fraud was reported by EME in December ($2m in their case), and the fraudsters were identified by the authorities within a month, and they are in the process of getting the money back. Bradda will get this back but in the meantime as they have stated it will have no impact on the exploration plans.

Phoebus, no it isn't.

Are you comparing to Lithium Oxide grades in hard-rock resources by any chance? Remember to apply the conversion factors.

Might be related to the end of tax year.

Should be interesting, Isulu/Bushiangala is where the real high grade stuff has been found.

Also far more likely to see a sale of the company or assets before sales as you put it, unless you count royalty agreements like the one signed up with LRC as sales of course.

The BE resource upgrade is just one in a steady stream of expected value-enhancing news here over the coming weeks and months Paul, it's not a one-off event by any means.
So sitting and waiting just increases the risk of paying more or missing out completely, IMO.

In theory Evgen is due to receive $10m milestone payments from Juvenescence over the next 1-2 years followed by royalties, although there has been pretty much total radio-silence on that for a while now so probably safest to ignore for now. Could be a black-swan event though.

Yes true, and the MM's don't necessarily need to make a profit on every trade that fills another trade to make a profit overall, e.g. they could have got another 800k from multiple sells around 3.2p and still averaged 3.1p.

£10.3m cash as at end September 21, minus £1.5m costs for the half year leaves £8.8m as of end March 22.
With 275M shares in issue, that is approx 3.2p/share cash.

But yes could start to get Wikieup sample data soon as well.

Hoping for a BE resource upgrade myself ;)

Now at a 20% discount to cash you have to wonder just how much lower it can go. In theory we should be starting multiple clinical trials in the next few months although the radio silence from the company doesn’t exactly inspire much confidence.

You seem a troubled soul borderbob.

I can tell you there is no drop today - yesterday's closing price was 3.5-4.0, same as the price now - have a look

It's 1.5x the price paid by KDNC not 1.5% more.

No lithium miners?