A very interesting Top 20. Especially No.13… Mr Hancock ( formally Rheinhardt ) the son of Gina Rheinhardt and probably seeing this his new Vulcan Resources and likely to see him accumulate more to maybe get a top 5 position as the float was very tight and a battle to get your hands on any stock .
Also the initial Top five here are worth investigating : Sandfire resources ; a huge track record of expertise in exploration and a $1.2 Billion market cap . What are they doing here?
Next character ; JGM property ( John Markovic ) and Ahmed brothers ; the main investors in Ionic rare earths , Critical resources, BPH energy and Pathfinder Resources …. Why come here guy ? Then there is the founder of the Adriatic Metals story who has massive contacts in Serbia .
It’s such a small market cap and EV value to share around with these big hitters of Hancock, Sandfire and Markovic . I would assume a big premium on opening week as supply will be scarce and a interesting story of potential massive lithium deposit. These guys are not here for fun .
good luck to those who hold shares and those to acquire them . Hopefully in 6 months some great news comes out of the “Congo” of Europe , Serbia and BMM finds a similar find like RIO Tinto has done with its legendary lithium / boronite find at Jadar.
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