Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
QXR tweeted:
"..expanded portfolio in the Philbara Lithium, WA with the acquistion of Yule River Lithium Project [LE45/6159] which is 5km from QXR's WESTERN SHAW project to the East.
SPLIT ROCK SUPERSUITE with which WODGINA & PILGAGOORA and Global Lithium deposits are..."
[Wodgina etc are IN THE SPLIT ROCK SUPER-SUITE]
https://twitter.com/QXResources/status/1509314218167734275 7 hrs ago, Thur, 31 Jan 2022.
This new QXR tenement appears SOUTH of WODGINA.
---
Ref: "QXR clinches deal to buy Pilbara Lithium project."-The Market Herald, 17 Jan 2022.
QXR paid Redstone Metals [Private co] $100k and 40m QXR shares. "A/c to QXR, the consultant confirmed the tenement was dominated by "nested granite plutos" which often hosted lithium bearing pegmatite dykes. The site visit also confirmed evidence of high grade iron-ore mineralisation in the area as well as 2 nickel occurrence projects."
[This is the 1st QXR lithium project licence bought from Redstone [ORION10 poster] -Linkedin states that Ken Watson is the MD of Redstone.] Yesterday, I recall Orion10 said he HAD MORE LICENCES IN THE PILBARA, LOL and out pops this new industry news from QXR.
However, I am not sure who the seller is yet as I have to try to look for the info.
THOR MINING-PILBARA, WA.
"Several lithium exploration targets have been identified at THOR RAGGED RANGE."
RNS, 27 Jan 2022.
"Prospective LCT ground A D J A C E N T to the SPLIT ROCK SUITE has been identified in 3 areas covering Northern portion of Thor's ten."
----------INDUSTRY NEWS, PILBARA LITHIUM CHASING PACK------------
Will THOR ALSO BUY MORE LICENCES IN THE PILBARA LIKE QXR LOOKING FOR LITHIUM?
news, Thur, 31 Mar 2022.
I'd rather they got one project into production, asap
Didn't the presentation say the copper in 2024?
The biggest money is in LITHIUM at the moment in Australia.
That's all Australian mining investors are running for there.
Huge interest, hence why Orion10 said UK investors may not be aware what's going on in the Pilbara lithium space.
Exploration [lithium] appears to move sp. QXR has gone up more on the lithium new licence acquisition nearer Wodgina ie +11%+.
Thur, 31.3.22
Since no one is interested in lithium in the Pilbara, those who are interested kindly go to HC, QXR as Orion10 has posted [under the name Black Cat]. This is the neighbour to THR in the Pilbara.
Kapunda is green for go in 2024 depending on SELT. Alford East a year later I think going by the presentation .
news - very interested - digesting all the helpful inputs on this.
Thanks
thanks news and orion10
Apologies if I repeat anything you have said but racing around a bit to catch up.
QXR share price has been on a fairly meteoric rise of late. Appears largely due to Lithium prospect.
THR is next door to their licences - I have validated on https://geoview.dmp.wa.gov.au/geoview/?Viewer=GeoView (bloody difficult to use) THR licences E46/1190,1262,1393 and 1340 adjacent to QXR E46/1367 screen print on link below
https://drive.google.com/file/d/1LSkkXZdw_YcyV9MTYA5VMZYbfvveM8OM/view?usp=sharing
Also validated here - easier to use :) where THR licences are highlighted in blue and adjacent to the QXR licences.
https://app.sharelinktechnologies.com/announcement/asx/a858b306be58cc3676fa4dd7687ae19d
There is definitely a lot of buzz about Lithium in this area.
Exciting times ahead
Thanks andmillsy
I have just been looking at Hotcopper THR : ANN: Ragged Range chat.
Black Cat said it is ADJACENT TO QXR's licence which is really good to know.
In this HC thread, Black Cat [Orion10 here] said he is PEGGING MORE SPLIT ROCK SUPER-SUITE [this is the system that Woogina and all the BIG major deposits like].
BlackCat mentioned pegging twice and in the one post, he mention NICOLE [Nicole Warland, MD of THR] so I gather he does like Nicole. HOPING THAT HE WILL SELL NICOLE WARLAND
ANOTHER LICENCE that will PROPEL THR into the super league in the Pilbara for lithium
QXR went for another licence in the Pilbara NEARER [south] of WOOGINA. I do not know who sold QXR this N E W licence yesterday.
Black Cat also mentioned that SUZHOU do not form PARTNERSHIPS without the junior having good licences etc.
Yup, this is where the action is and CONSENSUS amongst Australian THR investors is for lithium. IF THEY FIND SIGNIFICANT LITHIUM PEGMATITES, then THR may find that a MAJOR like Suzhou may also form a PARTNERSHIP which means an EASIER RIDE ie off-takes etc which launched so many other ASX lithium players like AVZ, Pilbara Minerals etc.
Let;'s see. Today, HL will NOT give a quote for £1,300 worth of stock, only £1,200 MAX.
Thur 31 Mar 2022.
andmillsy1925 @19:25
I have just clicked on your links. The last one from the QXR ANN shows THR & their own lithium prospect.
-------------WOW, THR's is ON-STRIKE to QXR's LICENCE and one just a little bit off to the left.
The 3rd one is a bit further.-----------------
LOL, BlackCat played a blinder because THR is ON STRIKE TO QXR being adjacent.
--------------THANK YOU BLACK CAT- no wonder you posted on this forum yesterday that NO GUARANTEES BUT IF QXR find LCT lithium, then both co's will do well.
YOU REALLY PEGGED IT WELL so that its SPLIT BETWEEN QXR AND THR.
So, is Suzhou interested? Well, I am not in their co but maybe Black Cat speaks to QXR?
BlackCat is Orion10, the Australian who is the owner of the licences sold to THR & QXR.
HE SAYS HE HAS PEGGED MORE LICENCES IN THE SPLIT ROCK SUPER-SUITE. Super, please give us the BEST ONE, PLEASE. Thank you.
BlackCat , I was thinking that if both hit, then you are going to be a very seriously rich man [IF imperative]. I am sure you know. If I pegged licences, I would go down and do a lot of exploration -ltihium pegs are NOT difficult to spot given some are surface expressions.
Thur, 31 Mar 2022.
News
Indeed looking great
Nice to be on the same strike with you again!
QXR as said just bought a licence nearer WODGINA lithium, Pilbara.
Just read the release from Twitter QXR at https://twitter.com/QXResources
QXR bought YULE RIVER licence from RED METAL [Orion10 here, Black Cat on Hotcoper and Ken Watson on Twitter. Ken himself gave out his details in his London South East feed].
QXR paid cash $60,000 plus 16 million QXR shares!!.
QXR stated: "THE RECENT SIGNIFICANT DISCOVERY AT SPEAK HILL BY PIRRA LITHIUM..."
THR's MD tweeted on 8 Mar 2022 about this discovery stating it is "NORTH OF THR'S RAGGED RANGE lithium project."
31.3.22