George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Crazy isn't it!?!?!
GMET nearly at all time highs and given it went live at 8.5p from memory or was it 8? Doubled in value in 10 months since May and we own around 61% of it with a big stack of warrants. I have say I was looking at my account today and nearly sold some GMET profit to swing over into this POW dip.
I topped up with my Q1 alloxation on Tue in a few tranches between 13.1 and 13.9 .It looked to me like the dip of the consolidation pullback after the recent rally up to ATH's. Hopefully I was right.
This just feels to me like major news could drop at any time. I could be totally wrong and it could slowly drift back down to 10 or below but IMO I really doubt it!
Https://twitter.com/that_stocks_guy/status/1760247672802349384
It was released this morning andvthete's been lots of chatter on the telegram group today, Oliver gives an hour long interview to Charles Archer ( That stocks guy) going into all the projects, I'm just re listening to it in my workshop
250 m, the tech walk through video Oliver does explains it really well and also more importantly why it hasn't been progressed further. GMET now hold the land bothe to the north and south and also the previous drills didn't go very deep. Oliver explains how the main conductor is actually below the lithium rich clays that were drilled so is quite possibly a big Li Brine resource which has never been reached and therefore never tested. Given the owners of the claim to the North of our Kibby South (which is where the drillhole in question is) are still in a big dispute, there's unlikely to be progress of that resource by the neighbours in the near future. All we need now is for the price of lithium to properly bottom out and start marching back up, like you would expect in a world of eletrification
Great answers Tom!
Sol, if you look over just the last 1 month, at the prices right now Gmet is 26.4% up and POW is 38.2% up (just quickly using investing dot com), I feel your frustration in how far the pullback in POW has been but we are up this year!
He's done really well, there was dilution though GB1 with 130m shares being admitted to Aim within a week so that's about a 6% dilution, but no attached warrants which is a new angle, interesting! I get the feeling the deal was done for HNW's to be able to buy on market in the dip with a raise pre arranged once the SP went above 1p, all happened very quickly!
If i'm any where near the reality.... Very well played Mr Wade!!!
He'll have done ok which is good as ot looks like he went over at about 8p there, good luck to him! But I bet he's spitting chips today! I've decided on a roughly 3:1 pow to gmet ratio although a week or so ago they were nearly level in money terms
I feel your pain Wiltshire, I dip my head in here every now and again to have a look and thought the last couple of days would have woken up. Bit different to the 5 posts a week in November lol, I see Roger has migrated to GMET.
I was totally sold on the whole PM situation given all the work done by Thor and where the current global commodities politics lies, wierd world we live in these days! But.... then OF disclosed what he found over Xmas and gave us the new garfield, crazy work! Well done Mr Friezen!!!
What made me really laugh out loud was when Oliver used the data from Kraken next door's rock grabs and ariel magneto stuff but he'd only just staked it from under them.
They were obviously tartgeting that land, literally Bullsey!!
I was "working from home" today and did not get much work done, ironically I work for myself and really needed to get a load of screen work done!
What do we reckon for tomorrow? Hold and trend sideways on small bot trades? More rise with no liquid stock but buying pressure? Holders selling to lock in a free ride? I'm 72% up in my isa, happy days!
I think I might add actually, this story is just on chapter 2.....
"And then we found Garfield.....'
GLA
Again, tungsten isn't used in nuclear fission reactors. Olivers been talking about it being used to line the donut shaped accelerator of a fusion reactor which is a technology still in research where they simulate the reactions taking place in the sun. So, yes Donkey, you're right in saying that PM's WO3 will not be used for the nuclear industry. But a large amount could possibly be used for the developing fusion industry if the US DOD haven't already booked it all in advance as part of a grant condition
Yup, me 3!
Roger, can you not see that because someone is positive in the face of a dire market it really does not directly mean they're on the company payroll.
Can you consider the flip side where it might be someone who is heavily invested and is seeing the positive potential. Discussing what is going to trigger growth, attract more investors and maybe be part of causing your investment to grow directly yourself.
There again, maybe no, maybe you can't consider, conceive or see any of that.
Never be directly influenced by what someone says. Take all info in, digest, discuss, chew the cud a bit, literally DYOR! But take responsibility for your own decisions.