Fantastic news - but don't forget about the gold?8 Nov 2021 09:28
I am delighted to have used up this years ISA on this stock. Bernard lined up all his ducks last week all right, with the 2 RNS messages. Definitely DE risked now and i'm happy to hold until extraction, but as the icing on the cake 'DON'T FORGET THE GOLD'
Take Fatou as one example:
The lithium resource alone has amazing potential, although the last slide of Septembers presentation on the Fatou Gold project gave me a pleasant surprise.
I Quote
"Acquired the Fatou Gold project in Mali with immediate mineral resource potential exceeding 350,000oz Gold".
Great potential future value.
Todays UK Gold Price = £1,290 per ounce!
As a conservative estimate, around £448 million worth of Gold in Fatou, waiting to be extracted.