Yikes, you made an almost identical post on 4CE post acquisition right before it made 130%+ from there.
I don't see why you would feel threatened by any other player in DRC other than AVZ.
There's always money to be made on these plays.
Few things to consider:
- There is always historical data, I think it was you and a few others that said the same on 4CE and I posted pages and pages soon after. I think I'll do it again here too, just give me a the weekend.
- Acquisitions usually happen on both $ and shares. We only paid shares and I'd say thats a good price to pay. The statement you make is paradoxical in the sense, its bad if we issue shares because it means we are paying more at 20cents.....but....the price is 20cents lol??
- Management took under 4weeks to reject the last project, Klaus wont go for it if it doesn't look upto par. Especially now his daughter is on board he will be seeking quality, and will continue to do so until he hits gold standard.
- Right now, TAR is one of the cheapest Klaus related plays on market with a project in a strikingly hot space and region. Here's some players in a similar space
TAR: $7M EV, excellent register, Sheena Echkof, Steinpags loaded, shaws involved, Klaus + Medicoc consultant.
OKR: $6M EV, gold in DRC/W.A, Klaus, Nigel, Peak, Medicoc, Langford
CAV: $10M EV, shell, Klaus on register, his mate M.D of TAW involved from the same resource firm.
TAW: $100M EV
AVZ: $260M EV
4CE: $10M EV, same space, closer to AVZ, larger area, spod present (you've conveniently excluded that), brewer. No klaus x-factor involvement though.
There's more on offer here, especially with a Klaus shell trading higher lol. I won't be surprised if James Sullivan is called for D.D here too, and further tenements are acquired.
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Here's the register change I posted couple days ago, looks excellent, steins hold a tonne, our seller John Bond is done, Bin Liu is on board, Shaws joined the party.
As for chart looks good too, perhaps a couple days of wiggling and let pro's load up before another move.
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Lithium expected a strong end to the year by Benchmark minerals. More investment flow in DRC. Lithium majors across the globe are trading at highs. Spots up high. VW and Mercedes both going full EV on all models.
PLS lands deal, GXY lands deal, AVZ lands deal.
Its all adding up nicely.
Hope we go good here
Cheers
(20min delay)
