Member Info for swest42

Agree with all that.
Li currently in a mini dip preceding near term inflection point largely related to EV evolving. Grade a key key factor, less processing, we have requisite grade, timing looking excellent. Jurisdiction in Ghana exceptionally positive. As for this board, everyone must be on hols! GL

had to move
nuff said
suppose pull back inevitable (traders, which is fine), but nevertheless enjoy the moment; moreover so much more to come :)

as POG raises its like a screw turning, then look at low FF.... combustible
:))

Its a ball breaking climate, but I truly believe we're well positioned to come through it, moreover the rigs are spinning in the carefully calibrated positions they need to be, the dividend of earlier spade work. Whilst the market is tight we can make hay, ready to present the results in more receptive times 'soon', I'm taking early next year.
I agree that interviews and non JORC 'updates', fine in themselves, will do little with the SP in the present uncertain climate.

Seems market not attributing increased value to our exploration stage gold assets
At lease we're stable at present; massive turbulence out there right now.
China/Trump/Brexit affecting everything imo, no getting away from it. Batten hatches, drill Ghana, let storms pass, protect that treasury not the environment to be raising (ask SXX). EV / storage fundamentals aren't changing, only growing. GL

A well written piece, thankyou.

Continues to rise, now into 1460s.
SP seems to reap no positives at all. I know its unproved exploration but nonetheless surprising.

some explanation
To sell at such a prospective juncture. timing just seems so odd
Fear of raise? still think Ghana will precede raise
each to their own

Just doesn't make does it, SP haywire.
Its the quite times like this that fascinate me. Someones creeping about picking up sizable chunks here at a great price... last couple of days alone that some one(s) could make a small fortune in the coming months. Good on them and good luck to them.

Looks like someone loading up if anything
that someone (not me I'm afraid this time) very wise imo
:)

My thoughts on the raise and SP are unchanged.
More funds will be needed, no question, look at Chad alone its vast.
Ghana is the key to unlock the riddle. I believe we can obtain a Ghana JORC or at least JV or similar before more funds are needed. I think the market will recognises confirmed numbers, it doesn't seem to rate 'potential', and the JORC or JV event will raise the SP and enable a raise. The raise unlocks CDI, CDI unlocks Chad.
If we don't hit a Ghana MRE/JORC /JV with current funds, things are indeed difficult. We might need real help from an II (we have 3), trying to raise in the open market down here, that would be 'brutal'.
I don't believe that will happen. there is pressure to deliver Ghana, but I think the team in place will succeed.
Post Ghana massive upside.
Lots to think about. GL

says it all, better than I could
Stay put imo, sell and repent at leisure.
When you add POG into equation its truly odd we're down here.
GL

great buying imo by someone

They're popping up everywhere now aren't they, and I think they will devour the correct grade Li, note again the word grade.
Meanwhile as the rigs spin I think we'll see an expanded resource very soon. I personally think to sell now is mad but each to their own and their own reasons. GL

Welcome back HF!
Ref Li, I believe the biggest advantage we have is the grade, less processing required.
Whilst there appears to be a lot of Li out there, the end users need it processed, and it appears to me the world of processing is behind the curve.
Now throw in the +ve jurisdiction, and infra (MB fave subject), and you have something pretty desirable.
Our IIs are in no particular rush, their bigger concern is watching the asset evolve and keeping others out.
Lastly, just keep an eye on VW imo, Sumitomo are. Theres a lot going on behind the scenes.
as ever just my thoughts, GL

I think part of the answer lies in the wider market macro sentiment which is still weak relatively. Albeit EV and Ni sentiment is positive.
When that wider sentiment returns happy days here

I think we have to JORC Ghana b4 funds run too low and cause other problems, or failing that take off / JV Ghana.
And I think we will do it;
and that once that happens we will hit a (positive) inflection point invoking CDI then Chad, which both hold immense value in excess of Ghana. GL

rising gold price, refined Li with minimal processing, rising ore price, positive news flow some great grades; It is hard to understand why we're not drifting up with some ease
Whilst I do not agree with much of your post, strands of it resonate and notably I'm not criticising it; testing times. GL

SP is bizarre. We have commercial viable grade Li, grade being the key word, gold grades coming out look good, positive news flow, even ore prices are up and we hold that.

Mike I believe priority for some has been Ghana, then CDI, then Chad.
Reasons being Li is hot and needs to be brought on ASAP, CDI is more near term ready to be brought on, they happened upon CDI late and see the opportunity and intend to take it.
And crucially both are in superior jurisdictions.
Chad is certainly still live, but will queue. Needs more funds. That's how I see it. GL