Member Info for PaulFG

...and the counter, some of the derampers are clearly demented.

Thanks Guys - the only counter-argument for the 'meh' side I would put forward is the world is not short of Lithium deposits and brine extraction usually requires huge upfront capital investment.

Still nice to have another resource on the property - if it turns out to be.

SP motoring this afternoon - I'm putting this down to sentiment rather than anything else, but I'll take sentiment any day of the week to drive share price (just haven't seen it in a while in this market)

@computer - I think you've hit the nail on the head. It's opportunity cost. With the DFS scheduled to take all year, albeit with snippets of news along the way, punters probably reckon there's time enough to get back in before the major move and in the interim there are other short term opportunities elsewhere.

The sector isn't attracting a lot of new investors, yet, so it's the same money moving from company to company at the moment.

It's jurisdictional risk that has held this back.

He did say it was 250 metres from their license boundary? Right?

I mean that's nothing - or was it Km?

@deedee haha - indeed and they have 30% of that.

Disagree - although there has been selling this morning, so far, it has been well-absorbed and the bid has moved up. There seems to be a upward bias, though not aggressive. Get the feeling market wants to buy, waiting TK financing confirmation probably, coupled with the fact we're floating around 0.7p which has proven key resistance previously. If we get through this level and settle over it tonight then... who knows? haha

Jeepers, OF better reread all those old exploration reports again this week and find something else, otherwise we're drifting back to around 10p, haha.

ON second thoughts...let the drift continue, please.

I'm not sure a listing in KSA is really going to benefit Kefi that much. Natural resource investors accumulate in Canada, Australia, London and New York - that's where Kefi would get most liquidity.

OKAY this is good news to see the warrants are being exercised - I'm wondering how much short term pressure it might put on the SP if there's now a rush to finance the exercise (?)

Let's see.

I have to say this was the one I decided to book tax losses on about a month ago - I figured I had a good 30 days before any possible rerate - it could be that others are also booking tax losses as we approach the end of the tax year.

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.

@metalhead yes I'd thought after Jan 17th came and went they had no interest. Nice they have...onwards to more concrete news on the stuff in the ground...

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.

I would hope, given everything now in the public domain, that early March is not an unreasonable expectation.

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.