General Chat, page-5633

I think you should check the top 20 holders again. They look very similar to the lead fund managers in Red 5 and Sayona Mining Top 20. Whilst I don’t think we have a full cornerstone just yet, they’re pretty similar names - Citi, BNP, HSBC.

Red 5 below



Sayona is here



Remembering as well these same lead fund managers have supported Red 5 to production and even two raises since for working capital.

I think when all said and done when the guys who do this for a living are prepared to tip in $30m at 70c after taking a real look under the hood, I’ll follow their lead as opposed to some randoms on Hotcopper who just ridicule and criticise and never have anything positive to say.

Given what’s just happened in the US with another bank collapse, are we on the verge of a possible GFC again? I envisage credit will tighten in the spec space if the global economy gets the jitters again. This may very well just be a well timed placement…..