Ah a Mogul Games Group announcement yesterday. Let’s just have a quick look at what will no doubt be a normal gaming related announ- annnnnnd we’re a lithium explorer now. Just gonna go ahead and put the old mute on that one for another decade.

\[ \] Today in Review ASX 200 7,209.3 -0.11% All Ords 7,387.3 -0.11% Small Ords 2,817.7 -0.34% All Tech 2,385.6 +0.34% Emerging Companies 2,037.1 +0.09% AUD/USD 0.652 -0.35% \[ \] ASX sector performance Health Care 44,538.8 +0.12% Materials 17,599.1 +0.17% Communication Services 1,566.7 +0.62% Industrials 6,849.0 +0.12% Utilities 8,616.9 +0.00% Consumer Discretionary 2,948.4 -0.04% Information Technology 1,767.6 -0.14% Consumer Staples 13,123.7 -0.08% Financials 6,155.1 -0.35% Real Estate 3,133.9 -0.88% Energy 10,907.0 -0.67% Interesting news and movers Trading higher \+34.1% Audio Pixels (AKP) - CEO Address \+21.8% Berkeley Energia (BKY) – Spain regional election results \+9.4% Leo Lithium (LLL) – Ganfeng premium placement (Mon) \+2.6 Challenger (CGF) – Guidance Trading lower \-19.5% Paladin Energy (PDN) – Namibia considers stake in mining companies \-16.7% Netlinkz (NET) – Partner agreement with Spark NZ \-11.9% Sayona (SYA) – Placement \-8.8% Silk Laser (SLA) – API not exercising matching takeover rights

WTF is audio pixels

Today's winner.

I really like how you put in the reasons for/ explanations of the big moves up and down - good context - thanks Interesting Show!

I could take credit….. but this is just a cut/paste (bit of formatting) from the evening wrap email via Market Index I did used to do this ages back, but now they do it Subscribe here https://www.marketindex.com.au/news/evening-wrap-asx-200-slips-uranium-stocks-smashed-on-namibia-nationalisation

Ah, well cheers for putting it up anyway!

THIS IS A PUBLIC SERVICE ANNOUNCEMENT African governments having 10% stakes at the project level is nothing new. e.g. Mali, Malawi, Niger to name a few Dip: delicious.

I beg your pardon

Your pardon I beg

Pardon, I beg you

todays change down 3.5% SYA down 11% and 25% of PF

Username checks out

When can we expect some greener pastures, feels like I’ve been bleeding a bit lately.

Just a bit? That's cute

ARR just down 10% for no damn reason 😂

There's always a reason the plebs just don't know it

Green! +0.43% and was over -1.5% red during the day, but most turned grey and AAU went for a jog + CDT came right, even VML helped. Is that the bottom for VML 👀

CDT needs to bounce back from here buddy! It's driving me crazy going sideways

We either get news soon or it drops due to tax selling from the bhag holders. Probably dropps and I will be topping up

I can't afford to drop anymore - been eating noodles everyday to keep this heavy bag. My only option is for it to go up

My small trade of buying and selling PLS after the lithium fear, followed by putting all of that info LLL, is now looking like a very good play. Wish it was larger amounts though.

When matchbox Lambo?

When the fk can I see my exr and ROG green again.

green days are feeling like a distant memory these days...

Feels like the indexes have been trending up for a while now and pennies haven't got the message and are still falling back

Feels like yrs ago now

2019 helps the medicine go down

Buy A2M

Been holding for the last three years :(

Just buy IVZ. 2 green days in a row, what a trend!

good afternoon. i hate namibia

What an entrance 😂😂😂

Zimbabwean African SUPREMACY!

DYL with the counter to the Namibia concerns, no TH required. BMN being a quiet chad.

*"...advises that it is not aware of any elevated discussions with industry regarding Government equity in mining projects."* If they are doing something chaotic like taking a stake in private companies, why would they do something rational like discuss the idea with them before they do it?

Yes!!! BKT holding on to yesterday's gains and then some. Showing strength with 2:1 buyers to sellers ratio.

No such thing as Oversold for VUL. Just keeps dropping. Lol wtf.

I’m scared, VML is green

Give it a minute to fuck you over

Still got some time to end grey

Hell it’s about time (Tychus voice)

dont be afraid we've seen it before. it cant/wont/shouldnt/couldnt last

Don’t lock a dog in a cage. Let it free

ahh, metaphors at noon i see. well, some mangy mutts deserve to be put down.

SLA got shat on Never buying a Wesfarmers product again.

Don't they own a third of all the shit and supply lines/trucking services in Australia? That's like saying you'll never buy a Coke product again. The top companies own the majority of bottle water, drinks and snacks.

It was a joke

Fuck me old mates LLL gains. I’m still happy with mine. WE BELIEVE IN MALI. 🇲🇱

I may be crunched but If SYA ends the day .190 or .195 I’m considering it a metaphorical green day. Been raped that hard that I need to look for metaphors. u/jockr64 was confident of my buy back around the .200 mark (I’ll take the odd timed under) :D

Feel the pain. CR was a hard pill to swallow.

I dropped $30k on open, so I feel ya mate! 2 or 3 announcements due/overdue, so it shouldn't be down for too long. Hang in there brother!!💎🙌🏻

Same confident SYA will be a bagger 🚀

Has anyone done some significant DD on MTC that they can share? I am liking the look of it but I guess the whole open cut mine vs underground mine thing is holding it back?

SYA rekted by the capital raise at discount. May be a good short term trade though heh

anyone on WC8?

Word of mouth for this company moves. I couod of bought at 3.4c, sitting at 11c today. Upset a little bit!

feel your pain brother, had over 400,000 units at low 2s and sold at low 3s after holding for more than 18 months 😢

I bought 48000 units of a stock at 0.44c, trading at 1.1c Would you like some more? 😇

IVZ keeping on rising up

Hell, it's still a bargain at twice the price. It's a gamble, but as far as gambles go, the payoff is pretty meaningful if things go well.

TKM

Crown with a 450M fine. Ooft! Bet they didn’t bet on that

Is their license still up in the air as well? Blackstone may have fucked up big time here

Namibia considers taking stakes in mining and petroleum companies This head line has fucked my day , that is all.

Are we fuckt in Namibia?

Who knows but looking at the share prices of companies based there id say it's not looking good

Joke: Knock knock! Who's there? FOMO FOMO WHO? No, FOMO WA1.

$10 by Xmas?

Bleeding from SNAS. This hurts so much…

[удалено]

Nvda and AIAIAI * 200 really caught me off guard. There’s a voice in my mind telling me to short nvda

You hurt yourself in confusion

HZR doing some work Friday up 10% Monday up 7% Today up 7% so far Is this the next WA1 hahaha or the next ZIP

Aaaaand it's red

Should I edit my comment to down on Tuesday haha Didn’t see this coming

Do they make you do a hazing ritual when you buy shares?

Sorry had to sign an NDA but buy some and find out

Those pesky Mali warlords are going to have to pry these golden tickets from my cold, dead hands. 🦍

This mfer got a golden ticket?

I haven’t seen gains like this since the days of the morilla 🦍 early days

My etfs in commsec pocket is green for weeks, but my dogs in commsec are -10% red. Etf is the answer

Commsec pocket? Fuck outta here Mark

Debating whether to sell IXR or not

This has always been a high risk play but I dont feel anything has changed materially in the offering, it has always required Timmy's narrative of a future where RE prices are high due to increased demand + short supply to play out.

HOOOOLD! ML coming mid April

I am 0.052 and am so deep in the red that it’s either wait for the company to fold for a 100% loss, or hope sometime over the next 10 years a miracle happens

Hold mate, you are already deeply red, no reason to sell for loss

If it keeps sinking?

Not sure. 4.5 cents here. Sold some for money. An optimist would say it should happen, hopefully.

it's just money

If EMN could leak through about 20k shares of volume at 20c and then pop right up again my order would get filled and i'd be happy again. Just had 8.5k shares go through, fucking hell. My little 12k is now 327 shares away from the front of the queue. Just a little more you bastard

It’s traded. Hopefully this is not another poor investment decision

VML back to grey. Nicely done

I got out at 1c 🥲 (For a $240k loss)

Fucking hardcore loss porn. That's more than my net worth. I'm so sorry but thank you for your sacrifice

Holy fuck at 0.9c i am -87%. Shit's worth like $215 so I might as well just leave it and try and recover some value

Based on my PF biotechs are ripping today 👍

Have you touched ATH? Just saw they’re starting a phase 2. Haven’t nerded out on the phase 1 statistics yet.

cries in IMU, new 52week low

Only biotech speccy I've ever made realised gains from is AVH. Bought it in 2017 and now freehold. The rest are 50-80% down. Doesn't stop me stupidly throwing money at more and more of them though :/

I made a bag on AGN but was too stupid to realise it. Now I’m just waiting for round 2

I tell myself I'm helping in the fight against cancer as I place another order to DCA

What the hell just happened to PDN

Sovereign Risk comes homes to roost.

You can't hit them all with the cold hard crowbar of truth like that! you have to let them down easy, with a little gentle love tap from the warm, fluffy pillow of truth.

Some speculation online it's related to the Namibian government announcing they're looking into nationalising natural resources overnight... BMN and DYL should be hurting more if that's the case though. Edit: They are now hurting more. There we go!

BMN and DYL both have 3% gov royalties in their DFS? They want more, or royalties aren’t in other mineral dealios and they want to introduce them?

The media article implied they'd be looking for (free) minority stakes. Which PDN actually already has - not sure if that makes it better or worse (potentially it looks easier to bump it up to 50%?).

Nationalising. As in, taking control of the claims, the machinery and infrastructure required to exploit the resource and paying fuck all to the company that owned it (if at all).

Ease up turbo. This is Namibia we’re talking about, not Norway

Buy the dip?

Good for them something Aus should have done. However, as a DYL holder fuck those cunts.

Chad Namibian Government vs Virgin Australian Government

if we keep banning people will be no one left to turn off the lights soon. SYA back to 20c before 30 June. or 1 month ban

Now they have 10B SOI it makes it easy for a 10:1 consolidation. All they do is just add a 0 and that 20c becomes $2

🦄 noted

I think u/mcfucking will start talking himself by that point

👍

So the mods are just alt accounts, makes sense…

Yeah it does, doesn't it.

No it doesn't. Shut up.

So haveth the duality of ~~man~~ Mod!

Happy cake day 👍

Anybody know what is going on with PDN? Such a big drop

Dumb version - PDN: "Oh? I found some uranium on the ground" Namibia: "That's mine! I dropped it"

rumors the government (who would have thought tier3 jurisdictions are risky) will take over some resources/companies similar to Chile and lithium

Hello, it looks like you've made a mistake. It's supposed to be could've, should've, would've (short for could have, would have, should have), never could of, would of, should of. Or you misspelled something, I ain't checking everything. Beep boop - yes, I am a bot, don't botcriminate me.

Shut up Bot, we are trying to lose money here.

In today's episode of the clown market ASX, that fucking eSports shitco Mogul Games has decided it wants in on lithium and have rebranded the company into a lithium explorer in fucking Canada known as "Lithium Galaxy". And the cunts have called one of their projects Adina. Add a 20:1 consolidation onto this. Of course SixtyTwo Capital is involved - dodgy. And not a single fucking geologist being put onto the board. Absolutely fucking criminal. Burn the whole fucking ASX to the ground.

Took me a while to click on, even with MAN and PUR doing it, but lithium really is BNPL 2023. Waiting for IOU to rebrand as Li-OU or something

Why is it listed on the ASX?

There used to be a user here called mack with a bunch of numbers after...they would do detailed write-ups about one of the directors Gernot Abl sleeping in his car and giving out cheap handjibbers in car parks. The account is deleted now, I wish they were still around to weigh in on this rubbish.

This has to be a joke right ?

Not sure what to say about this. I'm hoping it's satire...

AVL moving up with a little more volume. Let’s see if it can manage to hold onto some of these gains moving forward.

Avl with another $50m grant?

Yes, this should have then sitting on a little over $70m in cash with no debt moving forward.

Fingers crossed🤞

every time i look at WA1 it's about a dollar higher. fuck me.

I’ve NFI why it’s been running so hard for so long. Like what is happening every other day that we don’t know about to justify the SP? Surely not all retail FOMOERS.

I remember seeing someone get berated at the first pump for pumping wa1, look at it now....

they can pump me any day.

Who knows anything about calcium metal batteries?

Invest in Dairy you say, thanks mate going all in on Gouda.

Got a lil SYA at .18 Who said you need to be ‘sophisticated’ Prolly drop further now anyway so you’re welcome erryone x

i got some 0.183

When they consolidate their 10billion shares to 1 billion it'll be worth $1.5 and you'll look like a genius

quick maths

Decent results coming in from VML's 2023 program. Let's hope they can just focus on Tardiff and actually develop something tangible after an abysmal run over the last year. Looking at the plan view of their drill program, they should be able to tighten up their resource pretty well after this one is done. Here are my half baked thoughts: * L23-619 in the north east corner apparently had no significant intersections, but if you look at Figure 2 it did apparently intersect something >3% at the base of the hole. I wonder what their depth limits are for drilling and whether they need to reconsider for those holes further east * Figure 2 in itself is a dogshit image. Presenting a model from an orthographic view doesn't work well here to show off the current model solid * High grade intersections >2% are decent, albeit a lot of them are at a greater depth than I think they would have liked. * Given their location near so many lakes I wonder what dewatering the pit would look like, especially at those greater depths where the higher grade intersects are showing up I never claim to have a complete understanding of this shit so don't @ me. Just want to throw my 2 cents in as a very average geologist. After three years lurking here I'd like to contribute more than just wise arse remarks and poo jokes.

i agree, the grades are quite good from my limited understanding, and some zones being at over 70metres makes for just more costly extraction. but i still hold/hope i have a relative who is a geologist in mining but i shall not mention my VML holdings just yet

This was enough for me to FOMO in with my last $600!

I'm debating selling for tax reasons in the coming weeks but being that this is likely the bottom it sucks to have to do it. The average for me at 6c.

Can you get VML back to 2c too with your 2c?

Same here , but all I have is shit jokes. Appreciate the hopium Billy, it’s nice to not have to go to hot crapper.

When bottom VUL

when you find out let me know

Lithium stocks looking tasty again as the price rebounds. Kicking myself for not buying WA1 when I saw it at $1 😩

is it still a buy ?

Fuck who knows how much more it's got in it. From $1 to $5.50 in 2 months. It's got some bagholding vibes at the moment haha

It's been a long, garbage journey but I'm finally out on IXR. Biggest loss I've taken. Probably picked the absolute bottom ay

You might regret for doing this in 5 years

It was a scam to begin with. I lost 3.5k on it

I lost $66k on the dumbest fkn “investment” of my life - only went in to match a mates HODLing… of course his average was 80% discount to my entry 🤦🏻‍♂️ I deserved to lose every dollar… Except for the fact that he was selling out the entire time without telling me, the whole time I was telling him it was a dog.

What a dog

Thank you for your sacrifice. Any specific reason for giving it the boot?

Vibes that nothing good is going to happen. Who the fuck is going to look at fucking Uganda with that new anti gay law? US isn't going to touch this, toxic jurisdiction.

Yikes that's a doozy. Thanks for the heads up on that.

Yeah it’s a doozy alright. They’re going to enact the death penalty for LGBTQI serial offenders.

Despite IHL SP getting a fisting they are certainly making good moves! The psychedelics experts that have now joined are the real deal!

Will another good announcement be the drive it needs to tank under 10c? We wait and see..

Lol, on the path to being correct!

I wish it was a psychedelic trip when I bought IHL. However it was reality. A harsh, painful, expensive reality.

Absolutely agree. Sucks right now but I can't see a reason to personally fault the company so I'm going to hold. Won't buy more at this time but definitely hold

VML. The dog that did.

^ died

Is anyone a Silver 'expert' here? Just trying to work out if AQI's update is positive. Only one HC comment so unclear

Thought I understood those sort of results until I bought MTH, now I’m -86% on that bag. In saying that, it looks good to me so probably put all your super on it

You can buy silver right now for $1.15aud a gram.

I can answer any silver related questions. Shoot away.

New discovery located 600 metres north of the Prince Lode, near the historic Bronäs mine (“Bronäs target”). Recently identified historical drill core has returned numerous significant results, all outside the existing Inferred Mineral Resource, including: • 1.1m @ 1,326g/t Ag, 0.8% Zn, 6.6% Pb • 3.9m @ 737g/t Ag, 1.2% Zn, 11.8% Pb • 2.0m @ 104g/t Ag, 14.8% Zn, 1.5% Pb • 3.9m @ 737g/t Ag, 1.2% Zn, 11.8% Pb • 1.5m @ 458g/t Ag, 5.2% Zn, 2.8% Pb • 3.8m @ 259g/t Ag, 0.2% Zn, 8.6% Pb • 1.3m @ 499g/t Ag, 0.7% Zn, 2.6% Pb • 2.6m @ 209g/t Ag, 4.3% Zn, 2.0% Pb • 2.8m @ 183g/t Ag, 3.2% Zn, 1.6% Pb • 4.7m @ 256g/t Ag, 1.0% Zn, 4.7% Pb • A second new discovery (“Finntorpet target”) is located 575m west of the Prince Lode with the first two Alicanto diamond drill holes intersecting multiple zones of mineralisation: • 2.9m @ 42g/t Ag, 0.9% Pb from 266.7m in drill hole SAL22-38 • 7.5m @ 31g/t Ag, 0.6% Pb from 14.7m, 5.6m @ 39g/t Ag, 1.3% Pb from 111.1m, 1.9m @ 65g/t Ag, 1.1% Pb from 121.1m and 1.2m @ 87g/t Ag, 1.1% Zn from 495.9m in drill hole SAL22-39 • Drilling at the Prince Lode also intersected significant mineralisation outside the current Mineral Resource including 3.8m @ 259g/t Ag, 0.2% Zn, 8.6% Pb in drill hole SAL23-40 Or [https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02670738-6A1152078?access\_token=83ff96335c2d45a094df02a206a39ff4](https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02670738-6A1152078?access_token=83ff96335c2d45a094df02a206a39ff4)

I actually don't know anything about silver.

What does it taste like?

I prefer the taste of lead, it makes life a lot simpler .

Woke up nice an early this morning to punch out my climate change paper. written about another 700 words this morning. Only 1.5k to go to 4k and then I can submit and then stare at the market all day and do nothing else productive with my time. For now though, maccas run for a mighty muffin

What are you writing about?

improving urban resilience to climate change in cairns. Was sort of interesting for the first 1500 words but now it's a grind. Doing a town planning degree so I more care about the urban area changes and policy than the science of it all

"I more care about 'x' than the science of it all" This is how we will miss every Climate target. Just try to reduce concrete and hard surfaces in your planning and it will have a huge impact. Allow for alternative modes of transportation so urban areas aren't car centric. Deal with water as close to where it falls, rather than big long stormwater solutions. The same goes for sewerage, we don't need to make our shit travel 20kms. In new developments in a climate like Cairns, give more space to the building envelopes, 900mm setbacks to boundaries, which make new buildings 1800mm away from each other isn't sufficient for air movement. Storm water gardens in the front of properties can reduce air temperature. Rant over, otherwise i'll never stop.

Sewerage doesn't matter so much, especially if it's reprocessed. Stormwater has seen a lot of changes in the last few years with creeks being unconcreted so natural catchment processes can occur. Really cool stuff. Some of the more troubling stuff I've been reading is that with over 1m of sea level rise, the GC is basically fucked and will have to relocate and it's much harder to prevent sea level rise now that it's started than it is to limit mean surface temperature rise

Too much concrete in Cairns now. Was better 25 years ago& more open. Recent trip, 25 years since last.

Generally too much concrete everywhere. I've never been to cairns but I do work in development assessment. the amount of dwelling houses with 70%+ impermiable surfaces is insane! No wonder flash flooding is getting worse

Do sewerage pipes use concrete?