Bradda Head Lithium exceeds targets, secures US$3 million royalty and moves closer to production. Watch the video here.
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Https://www.reuters.com/markets/deals/glencores-9-bln-bet-coking-coals-role-green-transition-2023-11-14/
Contango Holdings has enormous met coal resource
worth multi billion dollars for, Would Glencore be the one looking at CGO?
Glencore $9 billion met coal investment
Profit/Divi: unlikely at this point in the lifecycle. First things first, offtake deals or sales, build up working capital, invest in new capacity then dividends 3-4 years time.
Nothing did happen in Dec that helps shareholders , share price continues downward trajectory and no sign of profit/dividends
Whats with the sudden buys today, nice to see a little volume 👍
Really ! Nothing happened in December then 🤷♂️
Lack of action for over a year a red flag
No one selling here is making any money, I suspect it’s some sort of share transfer at an agreed price range.
Much appreciated AZM90.
I emailed IR last week re. the offtake and asset acquisition and received the following reply:
'Thank you for your email and your continued support for the Company.
I appreciate that shareholders are eager for an update regarding both the offtake and the asset acquisition proposal. Both of these items continue to move forward encouragingly as soon as the Company is in a position to provide a material update to shareholders, it will do without delay. Further updates will be made in February, including the Company interim results which will provide a full overview of recent developments and the outlook for the coming year.
Best regards,'
Encouraged that I received a response, and even better that both conversations are moving forward. We must be getting close to update an update on both fronts. Thought I would share.
Hope not
Pump and Dump ??? What with 28K in sells......
Dropping. Was it a silly pump?
Probably right! Chunky sells now 😬
Pump and dump from the usual P&D crew on X. Shameful disgusting behaviour.
Decent volume again today so far. Maybe there really is something in them selling their asset?
Looks like someone taking up all the sells
Maybe not who knows but the bidder has paid for three test drill holes, and until we hear different talks are ongoing. There is a lot of legal paperwork and investigations to take place before buyouts occur.
Shanta Gold aren’t listed either and they currently are under offer! I personally don’t think the credible proposal to buy CGO will come to anything so maybe CGO couldn’t afford the travel costs!
I was asking you to clarify the significance - you have way to much time on your hands.
My apologies . I misunderstood your post.🙏
I think you might had misunderstood what I was trying to say there. Just for clarity.
I value your opinion and consider you to be an experience investor who is happy to share their knowledge and experience.
I don’t value the opinion of Profd7 or AZM90. I am of the opinion they are probably one and same person with an agenda.
I only have one account, but hey you believe what you want. Nothing like a good conspiracy theory. 😂😂
I have no intention of selling. I also value your opinion with 3,896 comments over two profiles with only 31 comments between them. Probably the same person sits behind both accounts and is artificially trying to create a viewpoint to suit their objective.
No you don’t sell up and move on, that’s a fools choice. If you don’t need the money which you shouldn’t do as you shouldn’t be buying shares with money you can’t afford to lose. You only lose if you sell at a loss