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Towards the end of March going into April is when it was signalled we'd start hearing about critical developments such as the final offtake. Exciting times.
That's substantial
https://gna.org.gh/2024/03/hi-limit-group-signs-us71-billion-agreement-to-invest-in-ghanas-gold-and-lithium-sectors/
ALL is the only major lithium project to come online in Ghana...
Nice to see lithium turning up and reading the supply gap is now growing so some see a continued move over $1500 a tonne.
That's crazy when you put it that way, that a single $1 increase is $363k extra revenue per annum.
Swest, agree regarding the Feldspar, it can significantly reduce the AISC which is already very low. Might mean AISC per tonne of SC6 is $500-550, imagine that.
Nice half year report, we're getting there step by step. A lot of progress made, a bit more to do over the coming day, weeks, months and then ALL systems go. :)
SC6 @ $1200
https://twitter.com/RodneyHooper13/status/1768150151376630095?t=YkNOEhSL6Z0Pbj8dHmU2jw&s=19
There are very nearby projects to the companies major assets which are valued in the billions and I believe BOIL will achieve a similar valuation in due course once the JV is done and the hype may be a suggestion its very close now. Good luck boilers. :)
Major offtake days/weeks away more likely to go north of 30p with or without another takeover bid with what's coming soon.
You also don't need xray vision to see the value in BOIL at 0.05p with both Dunrobin and Chuditch after funding and with the government ready to kickstart things. when many have been happy to pay 0.20-0.30p when there was nothing happening at all.
Incorrect, this company has seen 300-500% rises on no news before. 50-100% many times.
HE1 type situation here. Heavily discounted placing which has cleared. The company owns two behemoth assets underpinning and lifting the share price as developmental news is close and expected throughout the year.