Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Also worth pointing out that BRES has rec'd DFC ($5m) grant and sp is drifting - grant funds not necessarily the panacea people might be hoping for. Lots of variables in the pricing equation.
But for sure, if this drifts below 10p I'll look to pick up more, even on no new news.
I think I remember HAA saying they had the original choice picks of the licenses, though you never actually know until you drill I guess. Just hoping the ones Ivanhoe has picked up around Hawiah are not something we've missed out on, or at least not something material we've missed out on.
Can't help but wonder if the TK financing had been sorted how what market reaction to continuing headlines out of the KSA would have been. That said, I think these headlines are chipping away at the drag on the share price.
Another snippet today from the same us commentator: https://youtu.be/B5Lt9GG0WcY?si=mfB9xrrLc3LNgfMa about 8mins in
Yes look, I don't think this is currently a big issue, but I'm aware of my subconscious making links to past experience.
I'm still, like you @chatty, very bullish on GMET, I wouldn't buy more above 15p based on todays RNS, but if it got back below 10p, yeah sure of course a no-brainer. I might even (probably would) buy more at these levels/above based on what I consider better quality newsflow.
It's still a highly speculative stock but I like the risk reward ratio at the current levels - wouldn't want to own more than 1% though and I'm getting close, so any top-ups require a very good justification.
For the record I haven't sold anything I've bought, so far.
Yes and I'm hoping the case is exactly as you've laid it out. It's just beginning to feel a little like POW years ago with lots of new stuff getting announced and nothing actually progressing that much.
I'm sure OF is just constructively killing time waiting for news on grants, whilst not accelerating cash burn, but the engaged PR peeps are ratcheting hyping activities and sentiment in media, which will chip away at credibility or draw comparisons with what happened in the long term share price decline at POW - not to say POW isn't a great potential investment either - but there's a lot of exhausted disgruntled shareholders.
The last week or so I've been feeling the influence of PJ esq here - am I imagining it. Looking at comments on twitter and now the paid PR TMS crowd jumping on the bandwagon - today even misquoting the RNS saying main booming conductor neve got tested: https://twitter.com/DavidBurton1971/status/1758391347281568054 which is simply not true as even OF says it was never 'fully' tested.
It's making me a little nervous that there's a campaign to pump the SP, which (in my mind) would severely impact the good reputation that OF has built for himself.
I tested to see if I could offload any size at all on the market, basis this latest RNS and the best I could get was a 13:85p bid for 50k - dummy test, didn't sell. But if this is a pumping exercise (and I hope it isn't, but twitter activity makes me nervous) it's not working. The market requires hard evidence, resource definition, it doesn't reward land packages any more.
Let's progress the identified prospects here. Perhaps OF is killing time before he hears back about US grants, or before more cash injections from warrants that should be exercised by May, I think, if we were to remain at the current SP. Don't jeopardise reputation with hypey inaccurate PR firms.
Ok nothing defined, just interesting conjecture and the world ain't short of Lithium deposits. Brine too, that requires huge upfront capital commitments. I'd rather limited company resources (manhours & financial) were spent on other stuff - PM resource expansion, Garfield bullseye drilling...
It adds to the attractiveness of the land package for sure, but wouldn't be a reason for me to top up, or buy-in if I wasn't already long.
This written by Charles Archer who, obviously, aggressively talks up his own book. Previously, I have to say I did enjoy listening to his pragmatic balanced viewpoints but I think as he's been developing his 'online' personality and an element of boastful bragging has hit, as a few of his calls have been right - eventually the market turns - I'm kinda going off his style a bit, whereas there was another article on the Tungsten market (largely used by Archer here) which I found more useful. Just a matter of style I think.
Not that I don't think GMET has great potential but I'm increasingly concerned that because of hype from punters like Archer whatever good news drops won't be good enough for the market - eg peoples expectations on the US grant are starting to go directly to upper limits, personally I'd rather have waited and reacted to the grant being granted (win win), now there may be disappointment on the level.
Have a feeling OF would have preferred that too, basis the way he describes progress.
These RNS formats are really starting to irritating me - can they not issue drill results in the same ruddy format as every other explorer - lay them out in tables so we can just see at a glance intersection width and grades. Looks ruddy amateurish.
That said these are better than we've seen for a while.
I think AMRQ are pretty well funded, but yes if you're presented with an opp to raise more funds (esp not at some horrendous disc) then you take it, you never know when you won't be able to raise.
I also think AMRQ will not squander the funds, they'll be deployed to move the value proposition forward in the company.