I am very Ardea like with stock picking.
Wait - wait - wait - lunge.
I saw the IPO coming and though I missed getting in on it
I did slightly better by having a bid right there on open on the day it listed.
This is my new one for 2017. Perhaps my only new addition?
I'm already sorted for lithium and deep into enough research there to say
that as soon as China signalled a preference for NiCo chemistry earlier in the year, then the short-fall in cobalt supply was going to get dramatic.
A few cobalt down-rampers try to make some headway with the stockpiling effect, but it is a drop in the ocean now.
Gold and Cobalt is the perfect asset play for this year.
Ardea even has the nickel. And everything is in ridiculous large amounts.
zinc, jade etc - and now - is that the possibility of platinum?
It's like a one stop shop for a battery company take over
and the perfect mix of defensive and aggressive minerals for the years ahead.
PFS for early January and a lot of tenements to drill out.
We are going to see confirmation of even higher numbers.
Another thing I liked - when I had a question about the options it was the MD that wrote back to me.
I bought more because of that. Always like to see the MD getting involved and looking after share holders. (even better when you sometimes get a chance to have lunch with 'em
)
It's no surprise at all to see you here either
@shades2. This one is set to go off now.
I think we could see a strong push over the next month, with things getting tighter and tighter.
20-30% rise would be easy. So little point in trading it, there isn't the quantity or likelihood of getting them back at lower than the price you sold.
It's in everyone's interests to keep this moving up and then beyond the May 9 price.
Once people are paying for their options post May then there is zero concern about credit raising (even if there is very little right now - the amount on hand seems plenty for a good long drill campaign).
Then the possibility of the company spinning off into new companies. That may be what some of this option capital could get used for.
It's a ridiculously good deal. Doesn't even really need anyone to highlight that too much. I'm sure we're all quietly scraping together what we can and carefully pecking at the dribs and drabs that come up on the sell side.
Best of luck
(20min delay)