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The anomaly between the sp and everything else continues
If u believe, all one can do is sit tight and add when u you sensibly can
To think, we never even actually recovered from the BO non event, an anomaly in itself
A strange path we tread indeed.
Wouldn't be surprised that free carry settles at around 8%. Closed negotiations continue, unless its someone at that table no one knows. Our project economics are good enough to carry that, we want to get out the blocks and start ordering long leads ...
Secondly, one for Teddy - I think MIIF are clever and will want to get in just before ML to swerve exactly the rerate you prophesise.
September is and will be exceptionally busy here. gl
I want to say there is an unwarranted disparity in the sp with all our forthcoming news.
However deep down I think the reason for the muted sp could be the risk of dilution from forthcoming MIIF investment. Has anyone a view on this, it's difficult, we're very low already, I would really hope to minimise dilution, but MIIF are entering at a very opportune time ndeed imo, everyone plays their best hand..
Normally we have become rather muted on more conferences, however in line with carps comments below, and noting PLL current campaign which I also think will promote us, personally I'm hopeful its a pre cursor to the significant announcement we now all await
Despite the ongoing small increments of positive events and news here, the SP will not relent, more accurately money stubbornly sits out.
Many others have moved on less, many on ASX. I'm left to think is our time will come
I wouldn't necessarily expect an immediate rerate with the ML (others will differ on that)
I believe the rerate will come post ML with new institutional money, Q4 ish and beyond.
For certain IIs/ funds, no ML is clearly valid bar.
Events in Niger will also be on any sensible persons 'wider radar', however marginal. keep it real regards the part of the world we are in.
Imo PLL right place right time.
In other news, in light Mr Ayisi recent comments and other references I truly believe the ML will be with us soon. All we need now is to sort world macros out (China) and we might make a few quid. To say our road has bumps possibly putting it mildly. Gl
Thats quiet possible, no problem with acknowledging that. TBH I've spent time away from it lately. Worked for me.
FWIW, sold none, dipped in and added a few sub 20 last week, yet always sensible.
All posts should be caveated 'nothing is s dead cert'. gl
Increased carrot today, or pressure, depends on how one chooses phase it, on GH to grant.
This represents additional highly prized inward investment
I think recently there was a recent distraction over a political dalliance with refining. I think that has passed, reality has kicked in.
GH still needs to make its own decision, it must be that way.
However, I think the factions have rightly concluded this ML is the right decision for the Country. To take whats realistic.
I think we can now rightly expect the ML. I believe we're good.
The disconnect here is getting 'noteworthy', if that the right word
NH said likely to come in before Sep. SP remains absolutely muted
I am well aware of China data, and Li market, but I still see this disconnect. ML is looking extremely likely indeed now if u aggregate from many sources, ML with conditions, yes, but still. 20p looking incredibly cheap
Surprised to see the small pull back again, envisaged a gentle continued drift up
With DGR out and pretty affirmative BOD actions, both purchases and appointments. Company sentiment imo had strengthened.
Suppose nothing goes up straight, and you always have traders .. but I'm still surprised, Wider Li market some mixed signals, depends which view or article you read, lot of talk about low inventory and higher demand q4. Of course we're cycles away from current market, but it still affects sentiment
Then I owe you an apology. I did take it personally. Being honest, it bothered me. I don't think there are any fools amongst LTHs on here, including you.
I layed off this week mainly because of ur post. Some self examination. I have been frustrated of late with a Company I really believe in, I've been ranting, that's frustration.
So, sorry I misunderstood, and I'm actually glad I did. We're good.
To end on a positive. It's hugely significant DGR are out imo, I'm glad this meet with PLL is happening. I sense a positive shift..
Why do people always revert to saying u can sell up. I know. And I haven't. I've grown more incisive though. This road has been winding a long time. Tough questions are being asked by the loyal like myself. The dfs contained surprises.
We're at 22p. It's not nice and fluffy, it's ugly.
BOD saying everything's great. GH saying next to nothing. Look, let's not fall out, All views valid including yours. We're on same side, but I won't be spun lines, we need to start delivering. I'm elsewhere for a few days. I will reflect on ur post. Catch up in the week. Good week all.
ATB