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2021 Ramelius takeover of Apollo (Lake Rebecca) 1.1m oz for implied Aus $128m
2022 OKLO Resources 0.6m oz, selling for £52m
Landore 1.5moz with clear portential for 2m+
The actual quote from the interview from Bill is
“What the people that have got confidentiality agreements with us have said, and these are the big boys, we want you to show up that you have the potential to get to 2m oz and above, you don’t have to have it in resource, you have to show us the potential – in some cases we were even encouraged not to go for resource, but to step out further and just get exploration targets and inferred, so that’s a long way around of saying we won’t get to 2m oz.”
Last year Bill said in an interview a couple of the big companies already had NDA's signed and were asking Landore to show a potential 2m oz. The sale of 600oz from Oklo showed zero leak in their share price pre the announcement, not a blip.
Feel more like Cash in the Attic with the news flow just now, patience I guess.
Goodbye to the 34,101,707 - 2.2p warrants! - you will not be missed, expiry March 12th 2022
To 'Special K' whether you took some and paid 50% tax or not - we'll be glad to have the shadow of your 2.2p warrants removed from our excessive buying in the coming week. Your remaining 5.5m@ at 3p hold less fear. May your dumping diminish.
Now can we crack on and get some news flow please.
Yes, was mentioned during the last raise ‘ Armadale wishes to inform investors that recently there have been significant gains in the Company's listed portfolio and that the current value of listed investments is approximately CAD 1.4 million.’
The company intends to improves communication after ML, as they will then be in the driving seat to dictate progress and more answerable/accountable on timelines and able to give specifics, public discussions on off-take/finance including shareholder comms has been on hold.
https://www.infrastrataplc.com/statement-triumph-subsea-services-triumph/
https://www.infrastrataplc.com/statement-triumph-subsea-services-triumph/
When I spoke to the company months ago (much to my frustration at the time) they said they would not be looking to complete binding off-takes or finance until the ML was awarded. Makes sense, the wait has been outwith their control imo, once awarded I'll gladly berate, cajole and hound for updates & progress.