Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.
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since lunch yesterday apart and from 3 sells totalling �415 I don't see anything holding it back from rising at the moment
We hit good grades on one of the licenses it will be huge for the company, Lithium in Brine is far cheaper then hard rock mining so will be a very high margin play. Nothing is priced in at present thats for sure!
Aka Muppet, arian has been at 90p-ish back in 2013, so can lightning strike twice? It does in reality actually. We shall see. I've been fortunate to back a couple of AIM winners, as well as holding a few underperformers. Let''s hope arian gets the rub of the lithium. I was thinking of sml as to the company with the income stream btw.
Not sure which one your thinking of but Bushveld (BMN) have a great income stream. I brought a few here at 0.3 not sure sure how long I will stay depends on what I find in further research but I do think there is more value than the current Mcap and I love to back the underdog.
they need to strike oil, so to speak. Like I said, the Arian team need to raise their game. That part of Mexico has lots of foreign companies striking good lithium grades. Like most things when it comes to junior AIM miners, it's a big gamble...that may pay off. It probably won't, but who knows what's around the corner. Even if AGQ comes across good grades, more raising of capital in future will be on the cards at some point -- look at the recent actions of other junior AIM miners in the lithium game, one in Zimbabwe and the other in Namibia. Hopefully if AGQ are in their positions, then the share price will be considerably higher by then. A junior miner that has an income stream to help fund itself is rare on AIM, apart from one I can think of.
this dog turd at 0.118 so a long way to go before break even .. bottom draw this one
now over last few days, really ****ed off, lost money but feel its just going to disappear into oblivion. good luck those who remain. SL
You are a lucky fella then Ballard I got caught for much much more but I said from the start this was a win or lose on those sample tests. As quindell says, these drills are cheap and it will only take a glimpse of Lithium and SP will be back up again. Meantime its a bottom drawer job and average down as and when the times are right. Priced as it is I expect to do some of that in the coming week or two. Good luck to all
I'm out lost about £80 not bad could of been alot worse.
I still think we will be back in the 0.4's next week at least. Let's see what happens
I did think this would rerate a bit bk to 0.4.. I was wrong. This will need some news of a new operation before it goes anywhere now. Seems a settled bottom price. Cheap price yes. But how long until the next step.
There is no placing the current SP is cheap and as stated they are already looking at other drilling opportunities. Remember these drills are CHEAP to do and if they are successful then it could be a real money spinner for the company.
Such incredibly flawed logic that you might actually make money out of this non stop merry-go-round of a share. Its so insane that I wouldn't be surprised if they announced they were going to start mining fossilised dinosaur guano next week and it resulted in a share spike.
not out of question
0.32 to sell and 0.3225 to buy! Can't get any closer then that I must say
Hi Callerone M_Wall answered your question re: lithium vs. silver being prioritised at this point: "Lithium mining from salars is less capital intensive, so apart from the obvious reason, it is why Arian are fast-tracking it ahead of precious metals, providing they hit upon good grades, of course." Also, I wasn't necessarily extolling AGQ as a long term investment, I was saying it is now an interesting 'trading' opportunity, as I still believe it is oversold (right now the sp is essentially its cash in the bank with 'zero' other assets priced in). I doubled my holding at this price, and was explaining why I chose to go that route. I managed to lower my average from .52 to just over .40 and am happy with that. In my mind it is also a low risk proposition, as it is completely illogical for this share to go lower than .30 from any technical standpoint (not to say that AIM is not at times illogical). Also, if you firmly believe that the bods will again be doing another placing down the line, then it won't be at these prices - which means (for the moment) the interests of the bod and PIs are wholly aligned: i.e. raise sp in the short term. All this leads to a tidy upside for anyone that buys in, or averages down, at this point...IMO of course.
Any news on new drilling or an acquisition will take this right back up. At present its valued at a little above cash!
If it gets to 0.4 that is a good point to jump shit with some.profit.. It might not. Do not expect this to bag...
It might if enough shorters start spouting that opinion but it doesn't deserve too. IMO it's already oversold and therefore an opportunity.
Nice buy.
Looks like someone took 7.5m in 2 tranches - 6m at 0.3372 and 1.5m at 0.3375. They got a great deal I must say
At a very very good price I must say, 0.3372!
Indeed its cheap for us to drill and test, so even if we hit one prospective patch that will be big for the company, especially with nothing priced in at present
... great opportunities in the junior lithium mining space, plus there's a growing shortage of lithium carbonate to make batteries. Let's hope Arian can deliver and learn from the first drill and assay.
A few more buys and this will creep up to 0.4.