Bradda Head Lithium exceeds targets, secures US$3 million royalty and moves closer to production. Watch the video here.
Agree Jez, JP promised to stay until the end and he should. 2 drills down, 1 to go.
Personally i am so beyond gutted i am numb, and i have taken the rest of the day off to decide how to break the news to my wife. Its money we were prepared to risk but after the gas to surface news, we dared to dream , especially with such a low threshold to commercial gas. why doesn't it flow? don't suppose it matters now, tagi is dead, will Paleozoic save us?
Gutted but want to know more tomorrow. right now i would settle for 42p and break even.
Scouts you say the sweetest things. News, Lord knows, but I agree, must be soon, even if its just notice for the agm expected in July. We are all hoping that the Lumberton site had plans drawn up, and planning permission etc before the purchase was confirmed, going to be a slap in the face if on July we hear planning application submitted. 2 years may not be enough in that case!
Yes my comment was aimed at squadron, and not refering to the sp in general. Given the performance on other shares I hold, I think getting back to higher shareprice levels will take much longer than we all expect, even if news is positive. Thats why I plan to be here for 2 years and will reassess. I am sure there will be plenty of spikes and dips for the 10 percenters though.
"Onwards and upwards, friends. Let's try to have a happy and I intellectually stimulating AEG board. I do believe the company deserves it." Amen to that squadron, best of luck, timescales for a return sound about right, especially as Bod aren't forthcoming with pr. Clock is ticking.
1Squadron, its a shame your contribution wasn't more constructive sbout the share, rather than adding to the daily catfight. Hopefully news in the next month, update on the construction, notice of agm.
Is there a big sell in the background or is the pre Le jitters?
Personally I would be disappointed with just £1.60 after all this time and 4 figure hints from the ceo. Hopefully theres enough potential for a higher offer, or we get drip in renumeration via shares in the future. £2.50 min and £3-4 to be contented. Anything over, happy days, but seems unlikely.
Jo I think they have a top 3 in risk order. If we have a stonker at te10, the may consider the higher risk te11. If te10 non commercial, the lower risk te11.
Just read a proactive article suggesting utah site aiming to be closed down by end of may, with all equipment to Lumberton to be transferred to Lumberton within 8 weeks of the article. That would be by the 19th june. Assuming they are transfering the equipment in a logical way and it being constructed on arrival. I wonder if they are aiming for first sustained production by the agm in July. Now that would give shareholders a different perspective in the meeting and give the Bod an easier ride!
I think they have a number of Te11s in mind and derisked. The flexibility of the EIA is for what comes after and makes field development a little bit easier.
I'm interested! ;-) Looking forward to the Lumberton plant being commissioned and first production. Would love some timescales from the company and perhaps some updates on progress, but my guess is August sometime at the latest. Should send the shareprice flying and underpin value here. Also would be no nice to see a successful event in aegs history. If at first you don't succeed, try and try again.
Don't feed the doomsayers with your replys and attention . Treat them like children. Praise the good and Ignor the bad and stupid.
Wooo whoooo! Good signs, good times ahead.
When Lumberton comes in SCoutS, it will be a good start. Must admit I invested in a company with many strings, but think all but one has twanged. Last string to the bow needs to do the business. I bet once the income starts, these other projects will start to light up too.
Well if we get Lumberton up and running and an income coming in with a forward order book, perhaps we will be in a better position to raise debt. Newfoundland will have to wait.
https://www.cbc.ca/news/canada/newfoundland-labrador/northern-peninsula-biofule-1.5110936 Just read this, seems like local government and press struggle to get hold of Aeg. Suggests main opposition politician is calming down the rhetoric, however the seed of discontentment has been sown, but interesting to note the government spent money on its own pellet plant, so the concept of pellets production in the area isn't new. Piece suggests what we all think. Aeg right now is all about Lumberton.
Not USA - isa!
Omertrader... no relation to omar Bouzalmat? Anyway, I use halifax share dealing and have an isa account with them. Flat fee of £12.50 a year. No fines for non trading, no percent taken from acount etc etc. £12.50 A year and thats it. Trading fee is 12.95 which is higher than some, but if you trade as infrequently as you suggested its no issue. 2 ways to do it, talk to Halifax, transfer your holding accross, takes a few weeks I think. Or sell your holding, transfer the cash across, and buy new shares in new account. If you have an USA already, option 1 is for you.
Hi Bf Well done, will be interested to hear of any reply.
6766 shares around 10.30. Hoping the 666 isnt some sort of omen! Come in lucky number 7! Hope my semi final top up will proove to be a good decision.