Member Info for SharketMare

Near term 40p. Christ on a bike. You are an eternal optimist wadnob, I'll give you that.

More good progress coming out from Ewoyaa and a tasty sounding new pegmatite at Abonko.

I realise that this sounds rampy, but given the news we've had from Ghana so far, I cannot see how this SP will not increase 2, 3 or 4 fold by the time we get a maiden resource estimate for the lithium we've got.

Really struggling to see the downside from our current SP.

Thanks all for the replies - particularly Bozi and Toro. Whilst the original may have sounded a little gloomy at least it has prompted some good and useful discussion! And as mentioned, I will be topping up whenever possible at these prices.

Toro, the Twitter thread outlining why you think Assore may be close to making a move on Ghana was very interesting and a great piece of research. Thank you.

Have a good week all.

I must admit I find yesterday's RNS frustrating. Yes we knew that Vince was open to obtaining other licenses. Yes the news is good and it seems like a promising prospect. But long term holders here have been led to believe that the company's focus and efforts are on proving the lithium resource in Ghana, maybe exploring JVs / asset sales to majors. I would be very interested to better understand how strategy is formed and decisions are made within the company. The Nick Mather exit at a very low SP is playing on my mind and I do wonder whether it was because he fundamentally disagreed with the approach that was being taken and wanted to distance himself. This is pure speculation and nothing more than that to be clear. I'm just confused as to why the company is buying up yet another license and I hope that there is some solid thinking and reasoning behind it. Presently, it is not clear to the average PI why we have done this. One of the huge benefits of being invested here is the low free float and huge % owned by established giants. I don't want to see either of these diluted through to us being forced to refinance because we're spreading ourselves too thinly.

I will be adding to my holding here monthly from April onwards. I am still totally convinced that this share will come good and make those of us who have stayed the course much better off. I am just a little frustrated in light of yesterday's (good) news.

Have a good weekend.

Anyone care to cast a light on why "Course visible" rather than "Significant visible" (Ewoyya) was the language used to describe the spudomene for Abonko?

Looks like we're opening with a nice move upwards :) maybe - god forbid - 2019 will be a year where positive RNS such as today's move the price up instead of down!

There isn't a huge amount to be pleased about here at the moment to put it mildly. It's been a tough and confusing year but one in which I feel that I've learned a lot as a comparatively young investor who has only been at this a couple of years. I hope that our CEO has also learned a few tough lessons this year - namely managing expectations properly when conducting interviews and striking the right balance between creating a decent "buzz" around the share and not overpromising.

The silver lining as many others have pointed out is that these levels provide a great opportunity to average down, and I will be adding to my position in early January to do just that.

Some of the charts posted below are pretty daunting, but as mike noted below, no one has managed to effectively chart this in the entire time I've been invested here. Which in some ways is a shame as the ones that pointed to a considerable upside to around the 80p mark 12 months ago were very alluring!

Here's to a considerably better 2019.

Look forward to hearing back from those who are able to meet the BoD today.

Some more great news from the company. Would love to know the roadmap for 2019! Onwards.

ATG, I think we all appreciate your views on the company and the time you spend researching or putting together technical analyses. But the constant commentary on buys/sells and frustrations at AIM or individual traders is SO boring. It's clear that you're p*ssed off at the SP and the general AIM mentality, but AFAIK, this is just part and parcel of the game that we play.

I'm not looking for an argument and post this with the best of goodwill and intention. Just think that this BB is best utilised for discussion of the company and its news.

-SM

doggo - there have been several events recently in which FFWD could have released an update to the market but have chosen not to. This is fair enough as RNS aren't free and take time and effort to get right. The news wouldn't have done a huge amount to stop the rot here either.

Matador - research is all well and good, I engage with and enjoy it. But the constant ramping/speculation on here or tweets of "news to come" or "you wouldn't want to be out of this" - of which you indulge in frequently - do my head in, particularly when the SP continues to fall.

Here is a tweet of yours from October 17:

"If there's anyone with cash that hasn't bought some #FFWD..
You've got two days. 😊" - speculating that the Intensity presentation at ESMO was all of a sudden going to put a rocket under the SP. It's just nonsense and it's boring.

Voicing concerns on here about a 60% fall from 52w highs and stating that the BOD appear to be doing FA about it is perfectly fair, and provides some balance to the near constant blind optimism.

From 1 year highs. BOD with some serious questions to answer about lack of newsflow and poor recent share performance. The silver lining is the persistent rampers seem to have wound their necks in.

Pumping their money into this. Even as a punt at these levels. The NYW is the nail in the coffin. This will have suspended trading by year-end IMO.

Thanks for the heads up Toro and Bozi. I hadn't come across that publication before and will avoid in the future.

Welcome to the new posters & holders, nice to see some signs of the tide turning here :) Happy Friday

Not sure what the motive behind this piece is, reads more like a case study in debt/equity financing more than anything, but will share nonetheless

https://simplywall.st/stocks/gb/materials/aim-irr/ironridge-resources-shares/news/how-financially-strong-is-ironridge-resources-limited-lonirr/

Hi Matador - I can't find anything on the Yooya IPO at all - has this been mentioned anywhere officially or is it just speculation that they might one day IPO?

Thanks
SM

That's reassuring to hear that Vince and the BoD are aware of the current PI frustration and share our concerns, thanks Toro.

The company is literally releasing good news after good news. Concerns over future funding snuffed out by the FY results. Each and every exploration update unequivocally positive and showing us that we're heading in the right direction.

For this company is a ******* joke.

Short of finding several hundred million in cash in one of the hole we're digging, I am at a loss as to what more this company can do to get the market to wake up.

It is SO frustrating.

SOLG has a world-class, top tier copper resource with exceptional grades. The company has had great PR because it has found one of the most exciting high quality copper discoveries found for a while, and majors are fighting for a slice of it. IRR has solid grades/numbers in Ghana and Chad for lithium and gold respectively, but they aren't as impressive as SOLG's for copper. At this stage at least. Moreover, there appear to be a fair few lithium explorers at similar stages to us around the world at the moment in response to the projected uptick in demand. We're well positioned to be one of the biggest and best, but need more numbers and ideally a JORC estimate for the market to really wake up. All IMO - and I say this as someone who has watched SOLG from the 1p - 4p days and unfortunately never got in! I still think it's worth buying even at these prices, but any money I have spare to invest will be going here.

A few times posters have been critical of Yooya's lack of activity on Twitter. I think it's important to bear in mind that they are a China-based company operating in an industry that traditional within the country has been controlled by the government. Building a strong presence/following on platforms that are banned in China - as Twitter is - is a sure fire way to piss the government off, which could lead to greater scrutiny and, in the worst case scenario, the threat of closure. This is why I believe they are comparatively quiet on Twitter.

ATG, we'll be sad to see you go if you're out is around 70p or whatever your target is, but if you got in around 30-35p you can't hold it against anyone who wants to double their money! One thing I've noticed of late is that amongst the usual intra-day 3-5% drops on the live price, there has been some modest buying in the afternoon that ensures we stay flat or even rise slightly. Here's hoping that we are seeing the start of a trend upwards.

Small top ups for planned for me at the end of September and October.

34p? There is no way I'm remotely considering selling before this reaches £1+, and unlike other shares on AIM that is a wholly realistic target. A MCAP of approximately £300m is a conservative estimate!