Andrada Mining’s earn-in agreement with SQM is value-accretive partnership. Watch the interview here.
Negativity welcome tho. It challenges us all to think.
So, all is now clear.
It does vindicate those expressing doubts previously tho.
The Express, hardly a go to source for geopolitics.
Still , Kazakhstan is not a Tier 1 jurisdiction, and its something to consider. But Ye Gods, Earl, your deramping and Cross posting is blatantly off the scale here.
Fundamentals are great. Political risk is there, that's why it's cheap. Dont bet the farm, but there are returns on offer here
EoA seems to have quite a transparent agenda.
5p target for me by weekend.
After that, look fwd to FO news by July, a deal could see significantly more value by Q3, double figs quite possible imho.
I have tended to the cautious side in recent markets, and am in any case not usually prone to exuberance, nor given to ramping.
But current mcap still seems much too low for what's on offer here, so 5p post presentation is perfectly possible, imho, mb even a tad more.
Comparing Mumbles no of likes to your own mb a statistic worth pondering.
None of us " know where this is heading"
Many think they do. Stock movements are not predictable, and anyone who thinks they "know" is, frankly, misguided, or worse.
All opinions are welcome, especially negative ones, because they are the ones that should make us think, examine our convictions, and constantly reassess our views.
Oh, ffs, Cevod, why have you conjured the baboon back again?
KPIs not lips
I quote your post above, the better to relate my reply to the points raised.
1 Your dismissive tone is misplaced (do some of you not read RNS?).
This was debated a few days ago, and I and others made the point that throughout the RNS onky Cu/Au is mentioned, in l in para that set out lips that trigger shares issues to Century, ON THOSE METS ONLY.. There is your ambiguity specific mention of Cu/Au, none of any other metals. That is a little odd.
So no, "Enpire's RNS's are impressively detailed ut it seems this work is wasted on some of you". Indeed,so.
2." Ask yourself some questions", etc
Quite. It would indeed be astonishing if a professional BoD hD overlooked such a basic point, a d this is almost certainly a flaw in the RNS,which is merely a summary of the full agreement.
But it should be clarified, bcos at the moment information inthe public domain is a.biguous.
All this was soberly debated a few days back, .
4kandkes wrote
'The Pitfield licence is NOT ambiguousToday 09:59
This morning I have read "...it would be helpful if EEE put to bed the ambiguity from that old RNS re rights to minerals other than Cu/Au."
Where is the ambiguity? Do some of you not read RNS's? Empire and Century went looking for Cu/Au and in doing so found an upside-down mountain of Ti. (btw, previous Cu mine workings at Pitfield suggest there is still Cu to be found)
If mineral sands had been found (they were not) then we would be having a different conversation. Mineral sands are unambiguously the property of Century only. This is stated in the 06 April 2022 RNS.
Where is it written that Empire has no rights to minerals other than Cu/Au? Empire's RNS's are impressively detailed but it seems that this work is wasted on some of you.
https://www.lse.co.uk/rns/EEE/acquisition-of-highly-prospective-cu-au-projects-c4gpxmzm6bikj63.html
Ask yourselves some questions. Maybe start with...
- Would respected and highly skilled professionals be leaving high paid jobs elsewhere to join Empire if the licence was ambiguous? These people are not dummies.
- Would Empire be mothballing and abandoning other Aussie projects if they didn't have Ti rights at Pitfield?
- If copper explorers find cobalt, does that invalidate their licences?
- Ditto if gold explorers find silver?
Not only do many AIM investors not read but seemingly they don't think either."
Why post that on a thread about acid?
1. Oc it's not mineral sand. BUT...it would be helpful if EEE put to bed the ambiguity from that old RNS re rights to minerals other than Cu/Au.
2. Yes, EEE are confident in a low cost processing solution. They're probably right. But it's never been proven at scale before, so the market will have doubts until it is.
I suggest anyone who is fed up with our resident manchild (everyone?) reports one of his posts, making the case that the no, nature, and volume of posting amounts to disruptive behaviour.
If enough do so I would hope the mods would be stirred in to action.
I suggest anyone who is fed up with our resident manchild (everyone?) reports one of his posts, making the case that the no nature, and volume of posting amounts to disruptive behaviour.
If enough doves, I would hope the mods would be stirred in to action.
Moderation is available. I am happy to report posts that transgress, unlike some who regard that as snitching.
But our resident baboon's posting is frenetic, incoherent, and timewasting, none of which give grounds for deletion.
Only in the collective are they disruptive, which does give such grounds, but there is no mechanism for reporting that afaik.
So like zoo visitors to the baboon enclosure we have to endure him flinging his faeces thru the bars, or leave the forum, I guess.
I doubt we'll see 9p but a rise today is certainly on the cards.
It's a good comprehensive update and SB andcteam have clearly been very busy and are doing a thoroughly detailed, professional job, delivered at pace.
Does it change much in the investment case? Not really, imho. Altho the processing options are made a little clearer, the pathway is as expected.
Lots of milestones to hit ( and be financed)over the next 2 years b4 the demo plant proves it up.
"I personally don't think we will see 5p region at all" Famous last words. Predictions are hard, especially about the future, as a wise man once said.
"I'm not long enough on these forums to understand" Amen. For someone who doesn't understand, you have a lot to say. A wiser man might hold his tongue until he does.
"Unless there is any change I won't be on here for a while, too much arguing, from me,"
Amen, again.
But I fear the man who doesn't understand will be unable to long resist giving us all the benefit of his inexperience. About 10 minutes, I would guess.
Arthur
Agree with your first post almost entirely. I would only substitute "will " for "may" require further funding.