Member Info for steward1

New drilling???

It's been quiet here so, no, we haven't heard the results.

Welcome to CLON Sarah - out of interest, who did the presentation?

I think that we just need confirmation that the planned JV activity is happening and that it's on target for the sp to get back on the upward trend. Anything more than that will be a bonus.

As for Ghana, this was the statement on 1st June - 'Meanwhile, the International Monetary Fund has approved a $3 Billion Extended Credit Facility Arrangement for Ghana. We understand that major creditors are finally on board. The reform package includes anti-corruption measures, and is intended to expedite the frozen ratification of oil & gas contracts, so as to deliver sustained growth.'

I would not be surprised if there is some movement on the Tano block!

It's all looking good!

That's my hope - prem has been astounding but a real rollercoaster. I think we should have an easier ride here!

One big attraction here is the partnership of some very clever guys at Next-ChemX and DH & co with their very significant contacts in Bolivia... being in the right place at the right time.

There are not many opportunities like this that come along... risk/reward here is fantastic.

Jenkoo - I agree with everything you've said. Disappointing that we've not heard anything else either about Canmax's position (are they taking legal action or not, is this heading down the arbitration route, are they negotiating a new deal) or about financing.

Good find. Looking forward to DH confirming that it's all going well on Thursday.

I still think that there's some folk gradually getting the nod that there's some big news imminent.

Yes Aimtrader999, PET has been gradually moving up for the last 3 weeks. And for CLON, there have been some intraday jumps in the last week or two. Something is brewing.

No reason to sell except impatience. We've got the AGM later this week - don't know about anyone else but I'm expecting positive updates on both the JV and Ghana. It's about time for some action.

This is news from a few weeks ago so I wouldn't think that the sp will be impacted. In any event, it is a good move to have that headroom and can be used in the next 5 years.

Bigger shift on the sp will come from what DH says on progress on the JV and what is happening with ratification at Tano... could be a very interesting week coming up.

That news slot on lithium was a good find... worth watching.

I believe that DH will be commenting on both in the next week and there's a possibility of an RNS or 2. I expect to hear that CLON are proving their worth to the JV and that there has been progress on the pilot plant and securing brines to test. Ghana - there is some movement to get this ratified.

The sp movement on both Clon and Pet are interesting this week- I'm no chartist and could be signalling that some are getting a nod to what is going on.

General trend of the sp over 6 months and a year is upwards... sp hasn't held on to the highs but is still over 75% up on the year.

Well this is interesting - slowly ticking up again. Volume not huge but some relatively big buys executed today. Can't help but think that this is leaky and those and such as those have been given the nod. I was going to say that they could be on the verge of a once-in-a-lifetime multi-bagger within a day but I see that happened back in 2019 as well.

ASI - there was one posted the other day. Can't find it now - LSE may have taken it down.

In the long run, bb's have no effect - it's company performance and realisation of potential (or not) that drives the sp.

In the short term, they're helpful in getting info quickly... with the caution that one has to take care to check what is being shared and by whom. I'm sure that some organised groups use them to attempt to manipulate in the short term and, perhaps, they make some difference but no-one should make decisions solely on what is typed on a bb.

Take, for example, the memo that was shared here earlier this week - was it real, was it not? It doesn't say much but gives a major hint - from my position, it is entirely credible. Like everyone else, I'm waiting for transformational news on the lithium pilot and Bolivia, which could drop anytime BUT I believe that DH is actually referring to Ghana. Both CLON and PET have been bubbling away this week - CLON is one of the leakiest ships on AIM and I think that we're going to hear that we're one step closer to ratification very soon!

MM's do seem to be up to their shenanigans... there's so much going on with Prem. Same with a couple of other holdings (Clon...lots of rumours... and Vast... becoming farcical) - one has to wonder who gets info first and what they do with it. It really is the wild west!

Looks like this might blast off very soon. That tweet is not surprising - news to drop anytime on lithium and a resolution on Ghana would be fantastic news. Either would put rocket fuel under the sp... both together would be a once in a lifetime multi-bagger!

Looks like some are jumping ship to buy KOD... something tells me they might be a bit late!

Acker, I agree - the legal route would simply reinforce that Canmax are confident about what's in the ground and that the plant can be optimised. Can't see them going down this route though.

I missed a lot of the action yesterday but the trampers seem to have disappeared today!

Acker - I might have mentioned that I would want to have a share in the EPO being developed long into my retirement and benefit from the sp growth and dividends but I'm inclined to think that the future of Prem as a whole rests on GR. When he decides that he wants to retire, I think it is more likely to be a sale than a passing of the baton.