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Snowking
It doesnt mention Prem getting into production
It mentions stark doing a test run
Even if we entered production, without canmax who are the biggest show in town, we dont have many if any other buyers unless we transport at great cost to SA.
Dont buy the spin, canmax are the main player in Zim, without them its far more difficult
Im not certain it will go to 0.3p by end of July, until the size of the shareholder dilution is known its hard to judge.
This is a Good opportunity to increase share volume; sell when market opens and buy back nearer to the meeting at a lower price.
Its going to drop, may as well use it to your advantage.
Https://www.mining-technology.com/news/sinomine-bikita-lithium/
Producing 300,000 tonnes per year in Zim
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Dear rampers,
Please understand, you dont value a company based on the asset value it owns; assets cost money to get out of the ground.
They cost even more money to get out the ground when they are constantly waxed up.
And to make matters worse, they cost a small fortune to get out the ground and sold when you do it via a death spiral finance agreement.
But if you want to keep ramping the ‘asset value’ in your head is multiples of the companies value, then feel free.
All the best, no one is forcing you to buy and hold COPL shares
Kefi will drag out this so called ‘financing’ for many more months , if it was going to happen and the commercial case for the mine was compelling it would have been done by now.
I have see so many of these AIM market company ‘delays to financing’
Meanwhile shareholder value declines while the CEO gets paid
That is the confirmation I have been waiting for , this is a game changer for this company.
Fingers on the buzzers for when the market opens to grab as low as possible.
It’s nice to see a company growing instead of the usual market depression that has hounded the LSE over the past few years.