Member Info for scotmair

Https://allafrica.com/stories/202605280261.html

I know how you feel Not2sure. I bought Ironridge and solg when they were the darlings of Nick Mathers DGR portfolio about 10 years ago.

Both for a few pennies. Chinese got onto the board of solg and directors were given financial incentives that made them very rich on the 28p buyout.

The rest is history. I've sat on this one through the 40 odd price high a few years back and feel this one ticks more boxes than solg. Wouldn't be surprised to see a few bidders here and a lot of happy shareholders at the end of this rocky road.... GLA

"Patience is better than wisdom. An ounce of patience is worth a pound of brains.

All men praise patience but few enough can practise it"

Time to fix bayonets for the bidding war soon. No prisoners will be taken...

Https://www.metal.com/Lithium/201906260003

Up 6%. Good start.

Https://allafrica.com/stories/202602190007.html

Sh#t flows downhill. Political inactivity results in ratification delay which in our case means Elevra are not going to give us big bucks till it's passed.

Would be madness to do so and I don't blame them. We in turn cannot start building or give local community compensation for their land.

Again would be madness to do so. This chain of frustration has festered for two years and has been hellish for everyone concerned.

It would help if a promise of a refinery was given by buyer or partner of us two years ago. We might have been in action by now.

Anyway boom or bust shortly.... GLA

I remember the listing was hyped up as a chance for the Ghanaians to invest in their lithium mine and was an anti climax.

Nobody bought any on the first day so I came to the conclusion they didn't trust their own market and as someone said just now, anybody with any savvy

would buy in ASX or UK.

Don't forget Assore guys. It's gonna be a three way fight. As you know they hold 30% of us already .

Https://c.newsnow.co.uk/A/1301842457?-:

Buying us out after rat would good for them...

Been here too long to give it away... It's a no deal from me

"However, the project remains unratified by Parliament two years after the initial agreement as market conditions deteriorated. Manteaw previously warned that political back and forth over the lithium deal sends wrong signal to international investors, with delays in ratification compounded by fiscal disputes risking portrayal of Ghana as hostile investment environment."

Thanks RamonM.

I liked this bit. Penny starting to drop...

Https://www.youtube.com/watch?v=11sDnL4o-tY

More politics today. Worth watching till the end to get both sides and a brief outline of rest of week.

Spod r us have set up their first branch in Accra recently. You have to wait a long time to get served but they say their spods are really good.....

Would be a great Christmas gift to the people in the mining area to get this signed off but what's another quarter in the scheme of things.

Very frustrating times. Spod nearly 6% up overnight which should help incentivise the politicians to thrash out a sliding scale and make sure the opposition are seen to agree to it. We are victims of politics here but it has to be sorted now or we get massive opposition once we get going

On a lighter note. I bet the parliament Christmas night out is very colourful and lively with a few ambulances on standby.....

Https://c.newsnow.co.uk/A/1296881623?-:

Don't think they have thought enough. Given they haven't mentioned sliding scale and are focussing on a straight 5 or 10% debate.

Doing a straight 10% deal then surely that would have to be implemented to all miners in Ghana.

Hopefully Govt take no notice of this report.

Nativity play is gonna be late aswell as they are still looking for three wise men.....

having a pantomime perhaps. binbag the speaker in the house would make a wonderful widow t****ey.

they were throwing furniture at each other not so long ago so singing could be looked on as major progress.

yup you've gotta laugh....

Fortes fortuna adiuvat

Https://www.myjoyonline.com/ghanaians-deserve-answers-the-truth-behind-the-5-vs-10-lithium-royalty/

I hope the opposition take the two minutes to understand the situation but I have a feeling they will oppose for the sake of opposing.....

Nice find Teddy. I see you put it on hotcopper. Aussies might be positive overnight....

Https://www.myjoyonline.com/ewoyaa-lithium-project-delays-leaving-our-people-starving-mankessim-paramount-chief-laments/#google_vignette

Listen to the chiefs....