The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Bfd how can you say that , its clear from re-testing cores or quickly being on the ground we have potential Li , if we pulling in 30 plus million a year from DSO I am sure we can afford to drill more this this current deal. ill wait a year to keep 50% personally , i dont hate the deal i just dont love it
Bfd, you're forgetting that's he Li locked up now for years in this JV. I am concerned they will have the funds to drill and explore, and it could sit there doing 0. You will counter this by saying we're doing nothing with it, anyway. That's true today, but maybe in 12 months after DSO, we could have drilled it ourselves or a larger partner would have come along. I just think we need to be dealing with more serious, larger partners. The assets we have are great it's the management and deals I am worried about.
My point is we given too much away to a minnow. We should always be trying to do deals where we are the minnow and am ok with giving away 50% of Li rights but I expect that to be with a major willing to spend 10million plus on drilling
Napth I think the reality many so under water (not saying it's not our own fault) that no point to sell. We still have a right to be critical of the board and deals being made . I personally think the company the jv is with seems suspect and too small. I am glad it's only for lithium but if there ends up being a tonne of lithium and you gave away for peanuts questions have to be asked. Time will tell
i still agree overall if this company had a ceo with balls they would focus on han**** deal wait a year and use the income to drill all our projects themselves and keep 100% this would be my plan. if this company finds lithium ok it's good but then we also gave away how many millions for peanuts
I think people may be annoyed at the size of this jv company they smaller mcap than us. Not exactly a major willing to plow money into it. How they will get the funds I don't know? But if it's just for Lithium only and was only deal on the table fair enough
Yeah we all need a break.. When you look at the valuations out there in tech or other sectors and you look at mining companies like ours it just doesnt add up. Either we are all super early to the party or we are all mad and wrong lol
If it's lithium only, then it's not so bad, but the ASX RNS doesn't state lithium only; from what I can see, it references the hills as a whole tenant, so it's a little confusing. You would have to trust and go off the LSE RNS, though.
All my hopes now lie with hannock but after seeing what kind of deals this board can manage, I believe my money is now dead..
Nothing in this deal I can see is good. You tie up the whole hills area for 2 years for a pathetic 1$million drilling campaign with a tiny company. I am sure if someone does some digging, we will find connections to this company and ROb Mosig
selling to his pals for 0 . SO we lose EH now in this deal and all the potential PGM? No wonder their SP is rocketing they just obtained great land for 0. Honestly we should kick this board out is rotten
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I dont know what to make of this, yes its good there is a JV and they looking at the swarm area top right but is this deal for all the Hills because that includes EH also and other areas with PGM , if so I think we given up too much here. Why wasnt the JV only ont he section with the potential lithium. Anyone got any thoughts
Sinter, whats AIM stardom to you? Previous example? I think a strong tell will be when the telegram group numbers increase... I remember the heights of EUA GGP etc even PREM has 1000 folk in the chat. I still dont think we on the avg AIM investors radar