Member Info for TheBasher

https://www.mining.com/web/new-us-program-targets-rare-minerals-needs-for-evs-and-solar-panels/

I wouldn’t trust a bankers note even if it was sworn on a family members life!
Maybe they want to buy up a load of shares cheap,y? Who knows.

The same publication also has this:
https://www.mining.com/web/new-us-program-targets-rare-minerals-needs-for-evs-and-solar-panels/

Oh lord, the twists and turns continue. Maybe it will be the next RNS that delivers the earth-moving news (excuse the pun).
Took a small top-up today (did I say it was my last one the last two times too?)
Think peeps are right saying that more news is imminent that could boost the SP. Tick tock.

Oh yes S49, we are all going to be so much better off by the end of the year. Come on ME, ‘Show me the money!”

Let’s hope so…
https://www.reuters.com/markets/europe/commodities-perfect-storm-says-erg-crisis-starts-super-cycle-2022-05-25/

Let’s hope so:
https://www.reuters.com/markets/europe/commodities-perfect-storm-says-erg-crisis-starts-super-cycle-2022-05-25/

Let’s hope so…
https://www.reuters.com/markets/europe/commodities-perfect-storm-says-erg-crisis-starts-super-cycle-2022-05-25/

Either that or the usual shenanigans.
Just as likely we will see some big orders get filled and reported out of hours. We just dont know.
But it is reassuring that Align are, true to their word, influencing a positive outcome.

Unless I’m reading this wrong, the delay with Grosvenor is because they appear to want more security in the deal by Ironveld having more assets, or a route to processing the ore. Sounds odd to me as the funding was all about setting up the smelter plant! And apparently the ME isn’t convinced the deal will go through anyway and is looking at a back up plan.
Wonder what that looks like…
But at least it’s an update and all is not lost - in fact it could be very positive.

“When it comes to powering electric vehicles, lithium cobalt batteries are unrivalled”….
https://www.visualcapitalist.com/lithium-cobalt-batteries-powering-the-electric-vehicle-revolution/

Let’s hope KZG can prove up the potential lithium play…

“When it comes to powering electric vehicles, lithium cobalt batteries are unrivalled”….
https://www.visualcapitalist.com/lithium-cobalt-batteries-powering-the-electric-vehicle-revolution/

To be honest I despair at both KZG and Ironveld. I used to think that they were like Amerisur where I always felt I understood what was going on. And made money.
Now I certainly don’t understand what is happening with Ironveld or KZG. I feel that the wool is being pulled over my eyes, and that I will likely lose money. It’s difficult to make financial decisions with little, no or confusing information.
I would really appreciate if GC could advise him companies to treat investors with a modicum of respect and offer direct, clear unambiguous, objective information so they can make informed decisions. If the boot was on the other foot, I’m sure he would want to be treated the same.

Have to admit this is getting ridiculous.
It certainly doesn’t smell good.

@steven49 - time for a chill pill ? I worry about you!
Of course this could go belly up but it may not. Let’s see.

Let’s hope it doesn’t go down the SXX route.
Not saying it is related but there are many ways to reward a BOD - it doesn’t just depend on a high sale price. In fact it can be in their interests to sell at a low price if there are post-sale incentives….

I posted this back in February of this year:
"Simplistic price forecast: 450,000 oz at £1354/oz = £609,300,000Divide that by 3,570,000,000 shares in issue and you get £0.17. Deduct 50% for all in sustaining cash cost for mining and still at 8.5p profit . And that’s the lowest end of forecast of oz’s recoverable just from Olympic. Just need to prove up the asset and away we go, potential mega multi bagger."
And that's just the gold which is now at £1574/oz, 14% higher....
Some people saying 2p... I think potentially a lot higher....

04-May-22 17:16:19 0.305 113,214,286 Unknown* 0.295 0.305 345.30k

And some opportunistic buying. And just a few days ago there was a £56k buy. Its all very confusing. It would be amusing if I didn't have a considerable amount tied up here....

Even though I share the concerns over the time delay to get the money over the line, this whole series of large buys recently gives me some reassurance. Yesterday is £56,000 purchase Is no exception.

Is that why the price was dropped this morning for a big buy order this afternoon?