The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
So who amongst us is going to say when the DFS will be issued?
We all like speculating, so come on…
I’ll go for Q2 2025. (After a prediction that statements are to come that will suggest Q4 this year and Q1 next.)
Maybe I’ll be surprised and it will be in time for the EU CRMA time frame posted earlier.
“SN. will be over £18 within the next 6 to 9 months”
So the sp is going to double by the end of the year?
Great if it does. Doesn’t feel like it given the reaction the last statement (“I must remain patient”, I tell myself)
On what basis do you say this exactly?
The plan is working? Just needs time…?
It’s somehow sticking below 20p - and I have a feeling it will remain here until the Ghanaian listing…
Dunno how that’s done (and I’m not one for conspiracy theories!) but you’d think it would be far higher ,or at least more volatile, given what we are all expecting…
By 50/50 I was referring to the likelihood of a “positive RNS” appearing by the end of April. I’d say a zero chance of a DFS.
The news of successful production of Li Hydroxide is positive news. Maybe that is the subject of the RNS.
…and I am sure that means they need to do a just a little bit more work on the DFS given this new result, so it’ll take more time … ;)
“EXPECTS”
Let’s just wait and see. It’s not long to go.
If there is an update, let’s read it.
If there isn’t an update, then we can all say that when EMH say “expects” to issue a statement it’s probably, at best 50/50 that it shall appear.
Past expectations are no guide to the future of course.
Place your bets!
Yeah, it’s seems to have been “held” at around 19p since about mid-Feb…
In an “efficient market” how is this possible? ;)
(Can it really be allowed?)
My thinking is that it’s being held there at least until the shares are available on the Ghanaian stock exchange - why shouldn’t the people (well, the rich/connected people) of Ghana get a slice of the local pie.
But I don’t want to sound all conspiracy theorist!
I think the simple point it, how can you trust a CEO that repeatedly promises and does not deliver accordingly? It’s about confidence in the statements issued.
Obviously you can give someone second, third and fourth chances of course - and perhaps one can believe the opportunity is greater than any CEO. I guess one can just ignore the CEO - or perhaps cherry pick what appeals - or just study TA entrails for The Signs.
I prefer ‘momento mori’ in my ear than believing someone who doesn’t stick to dates previously given. Why have confidence in their statements? Doesn’t it tarnish trust in what they say?
Maybe not. We can only wait. No one on the BB is going to shift the price by posting here. Why get does anyone get annoyed with alternative views online?
Hopefully there are sunny uplands - and artifically lit mineshafts.
Thanks WiseO.,
I’m an optimistic pessimist by nature (a.k.a. a dour Scot ;) ) - or perhaps a pessimistic optimist… So I prefer measured responses and am put off by over-enthusiastic ones than aren’t… grounded. Maybe I’m too cautious but I prefer to hear doubts so that I can balance any (over)excited exuberance!
GLA… I think we’re all in it for the long haul (well, those that bought during the previous highs!).
Or is NH expecting some bad news so being proactive to counter it?
I have no idea; I’m just speculating and being contrarian.
Let’s see what the market thinks…
Maybe punters will be looking to spend their new ISA allowance on something with great potential.
Leon, your hotcopper article about Altech does also state:
“…and is also at the cutting edge of developing battery materials for a Lithium-ion battery future by successfully incorporating silicon in graphite anodes to produce higher energy density batteries.”
By the time EMH are bringing Li out of the ground its price will have rebounded.
Sodium… yeah, for cheap intra-city run-around EVs perhaps.
In the meantime, I’m of the thinking the sp will be heading down to lower lows.
J-R-R, that’s my view too.
Good news today in that RNS, offer of 33p and all the rest.
And yet the sp has been ‘coasting’ around/dropping below 20p since the start of year…
I don’t know how MM can keep it suppressed - and maybe it’s just paranoia on my part! As has been said further (good) news *should* be imminent, so I must be patient
(A 1p) increase every week for the next year would be just fine!)
With the stated “globally significant tin resource” I was curious to hear a comment on this yootoob video at 16:33 onwards:
https://youtu.be/fpJ8VGpUKUU?si=1CsJwx8U8rBo4ZrC
- Indonesia restricting tin output and largest mine in Myanmar is currently closed down… global squeeze on tin? Maybe the timeline here a little long but good for EU’s long term supply…
“I think we can expect some sort of update before too much longer”
Update? How about a DFS? Okay, an update about the DFS is probably coming before the quarter is out. I’d bloody well hope so! lol
Why would I bother calling him - you said it yourself, “there’s only so much he can say”… and I know he’s not going to reveal all to some random caller.
As has been said, it would be better to have the plan written down. I dunno, like a plan.
So TomC, what did KC say when you pressed him on the lack of news about the DFS? That some shareholders are less than impressed - that there seems to be little in the way of concrete timelines to which EMH and his success (or otherwise) can be measured? Or was it a cosy chat where he says all the things he usually says about how wonderful it all is.
Forgive me for being sceptical.