Ironridge Resources Share Discussion Threads

[nigerianprince] 25/1/2021 21:13

Weakhands + Toddler Holdings

[ukgeorge] 25/1/2021 11:25

Back in 2017 these went from 15p to 40p in a matter of days, I am guessing that was on lithium news (being lazy and haven't checked). Fingers crossed we can see a similar move again, since 2017 obviously the whole movement to EV's has moved forward massivly so ho knows the run could be even better or fingers crossed more sustained rather than a simple spike.

[ukgeorge] 25/1/2021 08:20

Woop woop wow

[mirabeau] 22/1/2021 19:35

I wonder if Mather will become more involved here now his time at Solgold is slowly coming to an end?

[ukgeorge] 22/1/2021 17:39

Closing at new highs bodes well for next week

[ukgeorge] 22/1/2021 16:05

I'm up 50% in a week on these, which is nice :)

So I have just been sensible and sold 9K at 22.35p. Still got 60k and will be buying on dips next week (if they come).

Funny how you spend months and only make a few % on some shares and then get lucky (occasionally on timing).

[ukgeorge] 22/1/2021 08:59

The lack of interest in this company is pretty encouraging. To me it says that the company remains under the radar and hasn't been noticed by retail investors.

The economics of the li project are fantastic, low capex high Internal Rate of Return, location is good close to port, and on Europes door step. The new drilling campaign is going to increase the R&R. Ghana is a mining friendly country and (touching wood) has been politically stable for some time.

I don't want to chase this higher, but will be adding on pull backs.

[ukgeorge] 21/1/2021 12:13

Should have bought more :)

[ukgeorge] 21/1/2021 10:07

Just added another 10,595 @18.5p

They were 18.16p then the price got moved up.

[ukgeorge] 20/1/2021 13:53

Just topped up 15,801 shares at 17.35p.

Roll on some good news from the lithium drilling campaign and the project moving forward :)

[soulsauce] 20/1/2021 07:32

Does this company ever intend to produce anything or just keep drilling all these prospects and continually dilute?

[ukgeorge] 19/1/2021 16:13

Some chat on Ironridge

[ascov] 19/1/2021 16:12

it's humour...not necessarily good humour, but humour nevertheless. It's good to keep smiling while you gamble

[jasonsd1970] 19/1/2021 16:02

Really - one of the funniest things I've read - this is just the beginning for the Ghana project and only one of multiple assets within the IRR portfolio - I suggest you do some more research

[ascov] 19/1/2021 14:27

looks like UKGeorge is a lucky omen....well done George. Silence on the BB for weeks, you make a post , next thing we know...up it goes !

[ukgeorge] 19/1/2021 13:07

I wish, would be a great opportunity to top up.

[justtrying1] 19/1/2021 13:03

BackTo 16pTomorrow

[amrishbhim] 19/1/2021 10:01

This RNS is just like what we had on ORR ARCM XTR excellent

[ukgeorge] 19/1/2021 08:43

Some lovely numbers, low capex and high IRR

Scoping Study supports business case for 2.0 Million tonnes per annum ("Mtpa") production operation with life of mine ("LOM") revenues exceeding US$1.55 Billion, with significant potential to extend LOM.

Ø Eight (8) year LOM operation, producing an average 295,000tpa of 6% Li(2) O spodumene concentrate.

Ø Study delivers exceptional financial outcomes:

o LOM revenues exceeding US$1.55bn, Post-tax NPV(8) of US$345M, IRR of 125% over 8 years

o US$68M capital cost with industry-leading payback period of <1 year

o C1 cash operating costs of US$247 per tonne of 6% lithium spodumene concentrate Free on Board ("FOB") Ghana Port

[phurley] 19/1/2021 08:41

Surprised hasnt risen MorePlacement??