Ironridge Resources Share Discussion Threads

[ukgeorge] 01/7/2021 08:30

Well done good grief, I was buying another li play yesterday, wish it had been these :)

Such a great deal by the looks of it and we continue to get the upside what an amazing deal and company

[ukgeorge] 01/7/2021 08:28

"Offtake pricing will be determined via a formula, which is linked to the prevailing price of lithium products, ensuring IronRidge captures value-add margins."

[goodgrief] 01/7/2021 08:18

Bought 55K on Monday and added 45K this morning. Agree, it's a bargain!

[ukgeorge] 01/7/2021 08:16

I was half expecting them to go to 30p on open, I think 22p (current price) is a bargain and am likely going to top up.

[jasonsd1970] 01/7/2021 08:08

Time and patience is being rewarded

[goodgrief] 01/7/2021 07:26

Fully funded to production...

[ukgeorge] 30/6/2021 17:11

Well this spike higher has nearly got me back in the black, my average is 19.3p

We should have bought some more :)

[ukgeorge] 24/6/2021 08:35

Hugo, I've pretty much done the exact same. Although not planning to sell any time soon, I'm hoping that they can get the new resource estimate out relatively quickly and then do a deal with a chinese company to fund the project.

I guess the splitting out of the gold assets isn't really helping sentiment, and personally didn't mind the company keeping them.

[hugotanha] 23/6/2021 19:39

Tell me about it mate, I start with 7k 6 month ago, could have sold it with 2k profit and I didn't. Now I'm holding 25k and I'm 3k down. I would sell all if it doesn't move up by end of the week.Having said that. it was 2x 1.9mil trade today.that might be a good sign

[ukgeorge] 23/6/2021 11:59

Fingers crossed that would do :) certainly time to be accumulating

[hugotanha] 23/6/2021 11:45

There's a slim chance to go back 12p, I reckon it's gunna dive to 15p then fly to 40p

[ukgeorge] 22/6/2021 14:32

back to 12p soon ffs

[ukgeorge] 22/6/2021 11:52

Sooner or later the chinese are going to come and arrange financing for Lithium ridge and then these will be flying straight to 50p fingers crossed, mali lithium have just done a deal and I think we will get similar

[ukgeorge] 03/6/2021 08:43

okay, you are likely right that it is the time to be buying. Given the constant good newsflow I am surprised it didn't go higher, hopefully the resource upgrade comes relatively quickly and a re rate happens. Gold has also been doing well so no reason that that new company can't flourish.

[dunkirk1016] 03/6/2021 07:09

UK George good luck to you with this, been buying since 2017 here and look forward greatly on this one. Sorry I am joking with you about the 2nd July. You said ie should probably sell take the loss and buy back. Only a bit of banter but only an opinion this is the time to buy here. Look at the IRR website for sound history.

[ukgeorge] 02/6/2021 21:44

What is significant about the 2nd July?

Most lithium mining projects are being bought by the chinese. Because european and US companies generally move too slowly.

Given the share price action today I take it you have been given the nod to start buying.....

[dunkirk1016] 02/6/2021 20:17

No way this is going Chinese, have you not being watching Vinces strategy. Please sell tomorrow and on the 2nd July make sure you dig deep into your piggy bank. Good luck.

[ukgeorge] 02/6/2021 09:05

I wonder how long and how much the share price is going to fall on the demerger of the gold assets.. also how much cash is going to the new company and will irr subsequently need to raise more.

Should probably sell take the loss and buy back in a month.

[robbiekeane] 02/6/2021 08:59

Surprised there wasn't more of a market reaction to this piece of news. This is the Company fast-tracking monetisation of gold assets. Very good news for shareholders.

[robbiekeane] 26/5/2021 17:04

IRR from 14.25 mins but plenty of lithium discussion beforehand.
John Meyer suggests that it could be a potential takeover target.

[ukgeorge] 25/5/2021 17:14

Yes I expect the chinese will just come and buy the company or asset, the European players are too slow and risk avverse.

[robbiekeane] 25/5/2021 15:37

Yes, unfortunately these days until they get it out of the ground and start production it's worth hardly anything. The shareprice will move up when this is about to happen or when all or part of the business is sold.

[ukgeorge] 25/5/2021 10:56

Next RNS IronRidge finds Shergar, Ark of the Covenant, the amber room, a ferrari 250 gto and wins euro millions.

The share price drops.....