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200million traded, must be some of the big players involved now - get ready - don't post often but the company has a lot of assets, just one working will send this into the penny zone - good for anyone if they get in at these ridiculous prices.
Hey funky I remember when you said you wanted to get a plane over there and sort him out - me same! I read your post a few times it’s a great post, thanks for taking what I said the right way, I have faith in Larry up to a point and I am very respectful of your vast knowledge of procurement - it does seem to tie up - I get u a bottle of Jack when u r proved right and I know we are both in as big holes as the TVM itself here so I truly hope you are spot on. Thanks for the posts - great fair voice on this share your are mate. And thanks for understanding my frustration, happy Easter all here
Alternative theory is that Larry is so laid back he’s horizontal, he’s definitely sloooow funky but as to why who knows as you have said b4 it gives chance to ave down but I don’t trust him until he delivers - the opacity over deliveries is enough - he is certainly keeping institutional investors informed else the SP would not be like this
I'm with you funky, well down, battered, but not out. DOH is a great catchphrase - Science: only to say bear in mind the industry standard of Tant is 30-ish per cent, so our offering may be as much as one-third again or up to even 50 per cent more pure than other mines. This means mine throughput is hugely lessened - we need to move far less raw ore. Also the post sale processing which involves a pretty complex fluoridation solvent extraction process is streamlined accordingly. So whilst ton per ton we would get the 'spot price' (its not a traded commodity so its a rough quote really rather than a spot) irrespective of purity - ie. it revenue per tonne not go up based on purity, we would just move far less raw ore and would be giving our customers a better offer in a number of ways. It all seems to come together especially given the massive piles of supply. I hope it gives us all a happy ending!
Smilemore Ignore the urine extractors mate, you have done only good things on this board and made it readable again, which in itself deserves the Nobel Peace Prize, 520 posts in a few weeks, great effort and you always encourage discussion - nice one, all boards need you
Calm down Tommy Flowers, the pipeline is worth easily £3 per share if it can be converted into a deal and medicines. The board is very value dilutive in this company but more than that, this is a very difficult country in which to do biotech research, this company would be very highly valued in Boston for example and could go large with funding. I blame the board partly but the structural problems of doing science in the UK really do not help.
I massively appreciate this lot of posts, best debate on Prem board in ages - Well done smilemore ted napom.
I am not sure if I have missed someone saying this but isn't the real problem here that every time the share price goes to a higher bank, Mr Roach dilutes - I mention this as it is very unlikely that dilution will happen now, just when the new money comes in or when the new good news comes in. It is a peculiar problem, not one I have seen anywhere else - the value of the assets goes up but the investment value itself drops
I doubt the JORC compliant report will be on time, even the best mining captains are delayed with it. Anyhow we know what is there - nearly a million tonnes Tant at exceptional grade, and price for mates say $2.5m per tonne - Also from Nov 8th 18 "The results from the Purple Haze pegmatite also indicated encouraging lithium mineralisation. Grades of 3.01 % and 3.59% Li2O have been intercepted. The highest grade tantalum intercepts were also observed in the same lithium-rich intercepts. The mineralisation at Purple Haze indicates the potential for a primary lithium product and secondary tantalum product. - EXCITING!"
But I still don't like it when Larry says he's excited, the guy is so laid back he's horizontal.
rerate to £15m on the cards, great science crap management going all the way back
Tantalite is currently quoted at 186USD/lb == 4million USD per metric tonne
It was lower last year but as I say Larry should have money in the bank before the JORC if he shifted anything over ten tonnes in his 5-6 shipments of ultra fine tantalum.
Hey Smilemore, nice to see some positive posts for once, you are allowed an opinion. I agree things could turn round here big time and it would be nice. I now need a three bag to b-e. I don't post often but assets alone and volumes make this a good one to be in at this price consider many have brought in the 2-3p region