Member Info for SutekhsSocks

Its gone a bit quiet. Fellow shells LEG and AVP have all moved up.

I'm surprised PIRI hasn't benefited yet from the upturn in AVP, LEG, KENV and even RAME. I think its just unloved in summer.

Should see a significant upturn now.

Blimey, its like watching paint dry. I wish something would happen soon with AVP, LEG and MITH. Big RNS please.

Not surprising given the lack of profitable news.

would have preferred natural resources so will wait for a push and then will see.

Not sure what to say re RNS. Instead of an acorn its now an pine cone. Different tree but still huge potential at the early stage..

Apply Occams Razor and a pinch of salt and I would say there is a good chance that PIRI will have a stake in this of some kind.

Shouldn't be long now before news.

erm..well.

RAME’s 9th March RNS announced mechanical completion at its 15MW Raki / Huajache wind project, commissioning underway and “power out expected in the next few weeks”. Anything over two months would normally be classed as months so if expected in weeks then it should be due this week. Heres hoping.

at near the placing price. Big things coming here - re the institutional investors also recently topping up.

Who and when?

Some serious buyers and buying going on and still under the radar.

VELA and British Polar would buy in for european lithium. Given VELA's current investments this looks more like a technology play. Still think MITH or AVP are the contenders.

I agree entirely - 3leg as an investor - MITH as the vehicle. DYOR.

I think 3legs and PIRI will benefit but MITH is the prime vehicle for european lithium

this appears to be under everyones radars. AVP is too small, CLEE is TMT and 3legs is possible but only MITH has enough clout.

Is this the vehicle for European Lithium? The Company has been formed to undertake an acquisition of a target company or business and the board intend to focus on the natural resources sector in seeking acquisition targets. The Company has raised gross proceeds of £3,402,500 at a placing price of £0.03 per New Ordinary Share. Peter Redmond of PIRI holds over 2%. There are some big institutional investors in MITH and the money adds up.

Its quids in for PIRI as an investment company as PIRI as led by Peter Redmond surely formed a suitable shell for European lithium, namely Mithril MITH. The Company has been formed to undertake an acquisition of a target company or business and the board intend to focus on the natural resources sector in seeking acquisition targets. The Company has raised gross proceeds of £3,402,500 at a placing price of £0.03 per New Ordinary Share. Peter Redmond holds over 2%. Seems to me that Redmond does the leg work, PIRI invests and Mithril is the company. Maybe completely barking but just a thought.