Member Info for RichardArmstrong

I agree with you but let's not overlook the potential here. Multiple shots on goal across copper, gold, silver, uranium, tungsten and antimony mean that if just one of these assets is validated, it could create significant upside. Historical drilling and prior estimates provide a solid foundation for rapid resource conversion work, and once those approvals are in place, AJAX will have a clear pathway to unlock more value through drilling. The acquisition of eureka/Puna for such a small amount suggests they're getting the ground cheaply, which can only mean good things if we start seeing positive results from their efforts.

I’m in long for 0.03

I’m shorting now from here

Held here from 4p to 11p before and top sliced half my holdings went in today back in full…..15-20p this time IMO. DYOR!!!

Got legs this one

SO, after the election, the new Labour government will be trying to kickstart the economy and getting people back to work with retraining will only be a good thing for Staffline.

That, and with around 5% of the shares to be bought back, will see this share easily get into the high 40's.

I wish I had kept my purchases at 23p but am still up on my purchases.

All IMHO and GLA

Wow, Ajax really scored a deal here! They're picking up the Eureka Project for just $220,000, which is a steal compared to the $2.6 million Bezant shelled out back in 2012. Bezant did some testing but didn't extract any minerals, and with copper and gold prices soaring over the past decade, this seems like a bargain.

Given that Bezant's share price has plummeted to just 10% of its 2021 value and their market cap is a mere £3 million, it's clear they're in need of cash. Looks like Ajax is capitalizing on the opportunity!

Looking like a 50% close

Looks like a breakout coming, 8p next stop intellect

Lots of trades

News imminent should be the title. With the amount of buying today I wouldn’t be surprised if we get an asset update

What a crazy down, at one stage we were -8% down and we finished +17%. Agreed with plant power the short term target is an easy guaranteed 11p minimum if 15p breaks straight to 20p. Watching my stock here very closely!

Https://www.goldmansachs.com/intelligence/pages/direct-lithium-extraction-poised-to-boost-production-for-batteries.html

Shaz I can buy easily in IG. Still wait undervalued this went from 6p to 14p in couple of days last time. The most liquid stock I’m invested in on any acquisition news expect it to fly to 30-40p.

Acquisition deal on its way IMO

Got a big holding here

Think Ajax resources are about to announce a big lithium acquisition the price is motoring and no one in

Think they are acquiring a big asset IMO

Https://techcrunch.com/2023/05/08/teslas-new-texas-lithium-refinery-to-support-1m-electric-vehicles-by-2025/amp/

Who knows maybe Ajax will be providing Tesla lithium once they acquire an asset?

It is the minimum market capitalisation required for main market listing now. See here:

https://www.fca.org.uk/news/press-releases/fca-confirms-new-listing-rules-boost-growth-and-innovation#:~:text=Increasing%20the%20minimum%20market%20capitalisation,shares%20admitted%20to%20different%20markets.

While Ajax are officially listed at the moment, when the make their acquisition they must comply with these regulations.

Actually intellect more interestingly they also have to hit a market cap on over £30 million when they acquire their first asset/assets so there is going to be no mucking around with small-time assets. This will go straight into the big-leagues of small cap companies.