Bradda Head Lithium exceeds targets, secures US$3 million royalty and moves closer to production. Watch the video here.
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Some actual news about drilling and how the board intend on adding value to the company would be nice
The good news is that 1m is 1.066 so its just one seller.
Cheap for a tier1 biggest PGM in Aus. and 6.9m oz
I thought similar at first but then I realised that 575k were sold prior to the RNS.
I had even wondered if the seller didn’t like the vote outcome but if that’s the case, they didn’t even vote themselves judging by the number of votes against.
All large sells with round numbers too.
And the sp is following - buys at 0.9. It was only a result of votes RNS!!
ASX flat, assume a delayed around 0.86. Added a 200k spread at 0.9
[not expecting a reply lol]
Sorry, you missed my sarcasm.
Having been a share holder of RMP/FME for around 10years, nothing seems to have changed.
It’s covered in the 31st Jan 2022 7am RNS;
“Changes to the Board, with existing Non-Executive Director Mr Justin Tremain assuming the role of Non-Executive Chair and previous Executive Chair Mr Greg Bandy retiring from the Board after more than 10 years of service”
Has this just changed it's name from RMP to FME and that's it? It's seems to be following the same trend of sending the SP down with no positive news. Is it definite Bandy isn't still in charge?
The new composition of the board marks the next logic and important step. With Patrick Walta as leader, John Carr, and Sam Rodda we now have the experienced, motivated young team (performance rights with exercise prices of A$0.10 and 0.20 with some of the options at $0.10 expiring in June, and will probably not be exercised). This is the ambitious and hungry management to give fresh impetus to FME. They have proven records, and will focus on what is required: obtaining institutional ownership of Future Metals shares; or a strategic partner for Panton; or an individual cornerstone shareholder whilst further developing their vast resources leading to production. Time of hesitating is over now. Fed up frustrated sellers will not appear again. A Scoping Study having been weakly illustrated, and therefore punished heavily by the market despite a good basis is history as well. Both PGMs and copper - which will become FME´s second major resource - moving up now.
Couple of nice 1m buys there.
Has the consolidation come to an end? Be nice to see some momentum start soon.
GLA :)
Interesting little tick up...
Agreed ! Tis is a medium to long term project for me also. I have 5 to 7 years in mind and just keep buying at an affordable level each month- little but often.
I've been here since before the reverse take over from Red Emperor- sold 40 % at 12.5 p after the SPAC and left the rest in. I Just want to keep collecting ; at some point this will start to rise steadily so get in early and be patient. They have an tangible assets and the demand for those will grow...for sure . Good luck
Https://future-metals.com.au/investor-centre/media/latest-video/
This investment could be huge over the next five years, one for my long term pension pot, especially if PGM prices rise as expected.
Virtually all taken by Walt’s and underwriters- no disclosed split. Fooking disgrace. But there u go. Aid as bad as here and everywhere- no suprise. 45m options 😂😂
Now fully funded at 1.6, hopefully we should start getting some updates and some interest in FME.
When are the directors buying this got ramped to high heaven by Lloyd on telegram so placees could forward sell.
PGM prices are at the bottom of the price cycle. The only way is up. It’s a good place to be when none else is interested. When the herd arrives it’s time to sell.
Look this is a buy all day long. Funded with a great resource in Australia- we just need market sentiment to change. Looking forward to drilling the new prospect - hopefully hit some good copper results /pgm . Great little AIM stock.
I thought there would be a multitude of comments on the Placing especially re. SP movement etc. Placing price doesn't seem so good now...
So make announcements, just get drilling on the new prospect and get on with the PFS, while we wait for a decent upturn in the PGM price! Fully loaded at 1.58 and look forward to 2024
Can anyone explain what the latest RNS mean to me?
I only hold these shares (from back in RMP days), about £10k, and I'm an absolute novice.
Thanks in advance.
He hasn't got an entitlement - that's Jardee.
He is taking his full entitlement. The price was obviously trashed to get the placing done at a low price but 1.6 is not bad. Less than 600m shares in issue after this with lots of newsflow to come. Going back to 3p + imo.
Well if the new Chairman is a man of his word, he has until Jan 4 to buy in to get on the 1:4 offer and 5p warrants.