The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Later the better hopefully. If it is as big as everyone is hoping, they will probably want to take the weekend just to review and make sure the wording is correct for update.
I'm hoping for a Monday morning take off.
Also 7-10 days could mean business days, and we are still waiting next week. It's all part of the fun.
I am hoping not Neil which is why I am holding and didn't sell out the full lot, but if the results aren't as great as anticipated for this find the SP will crash back instantly to 0.1 /0.2 levels, the market isn't caring about the other licences just now.
Been following this all morning and was debating whether to sit on my .60 or not, just bought in again at 1.33. Can still see this going way up before the news even hits. The trades, even the number of messages on here is beyond anything I've seen on here in my time.
GLA
Yes, 10 years from Aug 22. After going to such lengths to get these back I'm sure they will want us to be making some progress on this soon, there was already around 12 months planned before materials would be mined therefore we won't have infinite time to put this in motion.
I did get called negative earlier, but I do have faith in nearly all of the projects they have going on, I just don't believe there is a big pot of gold sitting in Sweden, at least not for many many years.
Zambia however, this looks like it has major potential and I think what the board should be really congratulated for is getting the JV with Kobold. Obviously with them drilling so close it makes sense to them, but this is huge for this company due to what they bring to the game. The fact they are American, have really well known backers and also the fact they are pushing AI , new technologies to extract more for their buck. Everything the President has just mentioned on the video.
I do believe this will massively increase the SP, but I just think we may have to wait until the May drilling. Although other JVs before would be greatly welcomed.
GLA
No deramp here, just potential to happen if we have no buyers and people sitting on 100% profits still want to cash in before year end. I am very positive about the chances here as past posts will show.
We will need some sort of update on/before the 29th, as if it is isn't signed by then, let us know that an extension has been agreed and for how long to give us an idea of how far the parties are away.
I think we can write off the Storuman Fluorspar project, I asked about it in the call yesterday and the feedback was this could be years in the making and even then if the licence was reinstated then the Sami (sp?) Reindeer herders would challenge this straight away.
Lots of other possible deals in the pipeline to support a substantial re-rate though, but I don't see it moving significantly before Mid 2024. Would love to be wrong of course.