Bradda Head Lithium exceeds targets, secures US$3 million royalty and moves closer to production. Watch the video here.
Congratulations everyone, this is what’s been waited for, 10p today ?
Just a tad misleading given that there are about a zillion more shares in circulation since this was published 🙄 .
Will, they are not results though are they, they are initial observations, the RESULTS will follow after the downhole testing is done and then the externally verified results will follow that in a couple of months . I’m not trying to p!ss on anyone’s fire, but look through the history if you’re not familiar with it, we have been here before - Tai3 had ‘very encouraging preliminary results’ - so encouraging that they didn’t bother sending them off for analysis after the mist had cleared. . That’s all I am saying.
@will1977, I’m not bitter and didn’t think the
post came across like that, after the last placing this was a totally new play and the new players are lucky , but I’m genuinely happy for the likes of GG who so publicly stated what they were doing - to much comment at the time, - having £k’s invested and then throwing more at it without material executives being changed took real guts - in my opinion - and I respect them for that. But what I wrote about the other option is entirely valid - anything less than a mega pre results RNS and it was over.
Well congrats to the new investors & their 50/50 gamble, and also for the LTH that swallowed their balls (obvs not you GG ;) to lower their average, you deserve this return, I didn’t lower down because I had (still have) lost total confidence in the board. And I have to say I have had an uneasy sense of Déjà vu @ Tai-1 all day.
I really hope I am wrong and this is the start of something big here, but as we celebrate what maybe, just bear in mind as was written last week, a positive RNS pending actual results was a given if HE1 wanted to remain on life support, anything else and it was lights out; another raise is coming, most likely before results. Lorna has stood by a rig at the end of a drill and smiled widely before - enjoy the news, but tread carefully .
Hindsight is a great thing, but in fairness this whole shambles has looked dodgy since Minches second 20m aborted hole at Tai.
Noble down 18% yesterday too, vanishing sp & mcap same as HE1, Reminds me of the immortal 1966 words ——;
They think it’s all over…..
@cluster, except that with HE1, no news is never good news lol. I can sort of see their reluctance to communicate at this stage now, only so long you can spin porky pies for before they start to catch up with you. I shant be surprised to see this break down through 0.18 today on no further updates.
Cheers Joe, thanks as always for your knowledge , they should be paying you for comms lol .
Morning, @Joe, so where is the new roughneck that we apparently brought paid for and was delivered to site, why are they still using the tongues ? As I understood it from the previous drill, tongues were a compromise solution when the roughneck spat its dummy. As usual, nothing adding up from their comms. Very plausible there are other hydrolic issues that were not resolved, remember the ambiguous RNS statements around it’s apparent repair.
Maybe she just needed the rig to drill this last hole while still time so went with it whatever it’s operational state.
@neil, look
At the volumes, almost 10% quick drop, that’s the HE1 leak, news coming.
Pubes, in fairness I think most LTH trapped here have had a change in opinion of the company in recent weeks. Let’s see if they can at least manage to finish a single well to plan before they go
T!ts up.
@turtle , absolutely. Nail on head right there.
@Neil, that will be the BOD disposing of theirs before results lol
Seems a long time ago since Mr Minchins pantomime reported that he had been woken in the night by the dials going through the roof, lake swimming with bubbles, ahhh happy days 😂. Now it’s like some poverty stricken scene from Oliver, ‘please Lorna can I have some news’……’NEWS ? YOU WANT NEWS ????’ snarling as she turns back to the Bollinger. I was one of those back in the day wishing Minch would tame it down a bit - learnt a lesson there !!!
Yup they managed about £2k each, or a weeks wages for some of them, there’s confidence for you.
Yes i think when questions were not answered satisfactorily at the AGM it became clear
LTH were being sold out and he lost patience with the rogues as others did also. Been some great posters and characters on this board over the years, the company had a great loyal group of PIs, what’s happened to it is similar to when Gerald Ratner talked about his shops stock quality and destroyed the share price there.
Turbot, yep that was how I took it too, her options are worthless now no point hanging around. Get back to a quiet oilers geology department. . I liked Lorna but ultimately she didn’t know enough about how listed companies work or wasn’t strong enough to stand up to those supposedly advising her. Cope is the real problem, she and her cahoots are the ones responsible for the decimation and demise here. Has to now be the case that as soon as Cope shows up anywhere near a board, it’s time to bale, some picked up on that very early on here.
More likely scenario is the helium is in water as Noble found, that was one of the reasons for the glum faces at the AGM, they were not expecting that. Being realistic it’s 2 years (the ever optimistic Minch said lead time on the modular plant from Lindt was 12 months ) to getting any He anywhere near market from Ruckwa.
My hope here now is that they make a commercial discovery and the licenses are sold on @ 2p in a share, new boars and ceo come in and they carry on exploring .
@roj, yeah ok rampingrog lol, ditto what Dai and Scott said below.
Yeah it COULD’VE been messy Monday morning for shorters if there HAD been volume, however in the real world - not Rogers fantasy land their WASN’T volume so it WON’T be messy !! It will do its usual down 2%.
Still in with my old shares, just pains me to see t0ssers like you bending the truth and still ramping this donkey on any Lorna panty sniff of news. No news this week anyway, you know the score, the leopard hasn’t changed her spots.
At least Joe ends his ramps with the balancing ‘of course the drill could take a sh#t’ Joes clever Rog - try be more like Joe lol.