Anonxmas wrote: AngryJ, 15th is nearly here. By all means call it all hype in a recent post, but know this, stockhouse posts are not likely to influence the SP. You never know, you may get your wish and the SP might be close to where it is in two weeks when you get your Christmas pay cheque or whatever it is you’re waiting for. In the meantime, if you don’t wish people to be negative towards you, don’t write that you want in one minute and bash the stock the next; it looks like a clear attempt to swindle someone out of their cash or prevent others from making any. This is how I am perceiving your posts.
Just so people have something more exciting to read on here, here’s a reminder of FAT in 2017:
FAT has climbed steadily since spring and had many moments of consolidation along the way.
FAT has historic Dyke (dyke 1) with 1.8 million tonnes recorded from the historical estimates. This older method of estimating was pretty good, but is simply not good enough to use these days.
FAT have been analyzing Dyke 1 so that a modern 43-101 can be presented. So far, Dyke 1 appears bigger than the historical estimate. This will likely bump the price up nicely when all that lithium is confirmed with 43-101.
Now the best parts:
FAT has at least 7 Dykes on their initial land claim to report massive amounts of lithium with 43-101 once fully drilled and explored. There is money for drilling and incredibly lots of work is and has been done for shares, not cash, suggesting lots of lithium there.
FAT has a further 22000 hectares surrounding this area. This further area could very well be covered in Dykes too and most likely is; neighbouring property has similar geological findings.
FAT now has a memorandum of understanding with NVA (the neighbouring property) to share and figure out where to drill.
FAT also found tantalum ($$$) on their property.
Put this altogether and you have something incredible if it all works out. As an investor, I know that currently, based on all this as is, the price will go up. If this is all proven, the SP will go up massively.
Getting back to the original buyout question:
Given the excellent management, I do not think this will be undersold by FAT, but where it goes, only time will tell. There really is no way of knowing a buyout price yet, there is too much left to explore and too many variables at this time. Would you sell now, or prove what you suspect you have and sell for x10, x20, x100 times more?
AngryJ I hope you get to buy in at a price that works; sometimes it can be hard knowing you could have got in lower, but that’s life. Either jump on board or move on and don’t question what might have been, it will eat you up if you do that.
Happy New Year one and all.
angryjohn33 wrote: That is your only hope ! I am sure groups are looking for Lithium deposits. am sure FAT is being scrutinized...I am sure that the "longs" are expecting good things.... But where are the buyers that could be buying cheap stock.? If Fat is going to be Bought out .... Who will determine the price. I have seen posts of $5 to $20... You are all dreaming . I believe in dreamers......I am one. I will be a holder of tis stock after January 15th. but won't e waiting for top dollar.