Member Info for swest42

Interesting choice of words ref 'bidding war'. I also see it like that. For a while now I think the Li asset has the ascendancy over the customers. Needs to be handled carefully, customers treated with respect. But the hard fact is theres not enough battery grade to go round, and scarcity will increase. If the 14.5T JORC can be increased even better. Interesting times. I've said many times, VMs phone must be ringing, a lot. Battery alliance only helps.

Very good CD

Quiet on here no problem with that. Despite the rise, there are sellers. Which I don't understand. Interesting times. GL

If this doesn't start to move, then something is not being revealed, or theres some other black swan problem. On any reasonable metric it must rise. No ramp, pure dispassionate comment on gold and Li market.

Classic buy opportunity. Bounce due.

Incisive remark. Look at Li carbonate and hydroxide prices, it's happening. That's why I renarked recently that despite my clear frustration the Li resource is actually best held, it's becoming more valuable as time passes. Tesla alone could absorb all available current battery grade production. Toro has a splendid map on Twitter of current W African Li assets and proximity to port. Once one sees it, I repeat, this must move v soon. That's all aside from Zaranou.

Has to move, and soon. Look at its contemporaries.

Remain positive be it stimulus for POG or west African supply chain realisation for Li.
Imo the battery alliance will provide the the conduit for the resource to supply the autos. somesuch entity like CATL will pop up in a JV soon imo.
If we can up the 14.5MT even better. BTW anything of the battery grade we have will still not satisfy macro demand. Not so for non battery lo grade, 2 Li markets imo, scramble for battery grade. Seasons greetings.

Both Zaranou and Ghana assets are appreciating in value. I don't believe any informed person would disagree. The SP has been falling. Just add time. It has to be a buy med term. If someone can provide structured argument against do post.

When u look at PAT, we were on the wrong horse. But one must take that on the chin. nevertheless, something indeed doesn't add up with our pedestrien progress, that's why I'm staying

Theres always the chance of a black swan event like jurisdiction, but notwithstanding that, even those Geodrill warrants are not significant enough to escue the bull on the commods. Remember its accepted that the majors pipeline for new gold discoveries is in deficit. It's the fundamentals, like EV, that underpin my thinking. GL

It appears we're heading to one.
Unless I'm missing something, can't see why we are down at this level. Genuinely, am I missing something, as someone stated, something is wrong. I think pogs gonna go through 2000. What is the elephant in the room. Copper, Nickel, Gold, Lithium.
IRR in 2/ 4. I'm in 4/4. Can't see the problem. VMs phone must be ringing, must.

There is no doubt whatsoever in my mind that the Li is being closely monitored by several potential customers and partners. VMs job is hooking the best deal at the best time. Looking at the Li market, the asset only gets more valuable as the months go by. Battery grade feedstock, lo capex, surging demand. No rush.

If u bought in as recently as last weekend then you are likely to make money. When I bought heavily into IRR I was newbie. Since then I've learnt immensely and bought HZM heavily under 2. Times change. Gold the front runner, Li to the fore in time

ATG good to hear from you, i read and follow your tweets with interest.
May I ask, do u still hold here, thought you'd lost patience sold and moved on.
I think we have enough cash to unwrap and value Zaranou, then raise but at a decent level, not 7p which still hurts, and get drilling Chad. Ghana JORC could with being extended

Certainly are, don't think anyone can be certain on timescales. I don't think it will be long def Q1
As I'm sure you are aware news RNS are coming out pretty regular. A feature of IRR is good RNSs are met with selling (sell on news etc) , but eventually that will change imo as the asset is understood and valued. If I didn't believe that I wouldn't be here. BTW the Li will also come, the price paradox is unfolding already for battery grade hydroxide feedstock, somethings got to satisfy Tesla et al; eventually we will get to the monster that is Chad...

I think IRR is institutionally focused and name less relevant.
I think we have to play the long game through gritted teeth.
You only need to win once if you win big. Zaranou. 47km. Multi open pit. Sit on hands, sit tight.

Just listened to a clearly experienced billionaire financier on Kitco and one thing that he imparted is the lack of new gold discoveries in the pipeline for the majors to mine.
Even rarer and holy grail as it were are open pit finds. GL

I keep researching and reading, and the fundamentals and signals for both our commods are positive. Wish we had copper and nickel as well so I'm in elsewhere for that. I'm discounting the iron ore as capex rules it out imo, no issues with that.
Despite my frustrations with the SP, it's a buy down here imo.

very quiet on here. Time and time again, sometimes the most pivotal time.