Someone showing some confidence in the company - Robert Wooldridge (Chairman of the Company) has today purchased 26,520,195 ordinary shares of 0.03125 pence each in the Company ("Ordinary Shares") at a price of 0.2825. The market seems to like it judging by the price increase. JJII
Thought I'd pop in over here from ... over there. You're cutting a solitary figure here highbloodpressure. As you say, the stock is totally de-risked - £3.8m in the Bank and another £1m coming in soon. Today's RNS is excellent - Ngoulana is massive. We'll be pushed to production asap by Suay Chin, our partner, who has a large Chinese outfit (Mangrui Chemicals of Shandong) bankrolling them. They sought to buy out the smaller Lithium asset of our neighbour, Birimian Ltd, for AU$107m earlier this year. We'll be getting the scoping study quite soon now and, with that, the fine detail of the Off-take Agreement. I sold out of BCN to add to my shareholding here ... we'll be in production a lot sooner than BCN.
Well well well, the results are exceptional - actually testing bacanora quality with cash in the bank this share price is an utter joke! Ill be buying a load more if it stays around .33p much longer aslong term this looks massively De risked
I can't believe how many holders are out in today's news. This is a huge arbitrage opportunity and I think SC know he potential better than most. On the basis that they are happy paying over 20% more than today's prices, I have bought another £10,000 of stock at .32p and am holding everything until the price gets above .4p
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