George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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Lantier - "Great analysis TC" Suggest my analysis has much more substance than your missive! I nearly called it utter garbage but thought I would be nice. Think about what you stated. It's counter intuitive.
Refer you to Edmund Burke.
STOP communicating with the animals......
They get paid for engagement!
It's factually completely correct. Cancellation of shares is accretive and that's exactly what was said.
Also, you might have had slightly more than zero credibility if you were able to spell breathtaking.
Whoever's employing you needs to ask for a refund.
Hell hath no fury eh Pegs... :)
"As a result of the cancellation of ... shares, each shareholders' percentage shareholding will increase ..." RNS, today 10:01 AM
What?
Shares before issue : 1,232,318,465
Shares after issue : 1,467,807,345
Dilution : 16%
Buyback : 22,539,747
Appreciation : 1.5%
Just who does this moron thinks he's kidding? Do the maths, Schirnding.
4 years after promises of a 10/20x the value and it sits at 1.80p…. So there’s the reality.
Good point about Nick buying more at around about the ISA limit when he has fingers in other pies but instead chose ARCM. I wonder what negative spin Donkey and the Wailers can possibly fabricate on the matter?
Https://x.com/Jarvy55/status/1777303923394514988 good to see Nick buying shares.
Surprised nobody has pointed out this is equal to his ISA allocation.
Considering how many boards NvS has got his big toe on , surely this adds another perspective to the signal from him.... if he has added it .... via a mechanism that is extremely rewarding for shares that 2...3...4...5 bag.... but offers no ability to offset tax when the shares lose...
Is he sending a signal? He is going to make more tax free money from ARCM this year than any other arrangement he is involved in?
just a thought
Too...
and, in fairness, he has 'decent skin in the game' with : ''23,748,434 Ordinary Shares representing approximately 1.64 per cent.''
It wouldn't surprise me at all if this rallies pretty decently thru Spring/Summer ..
I'd include some positive Ops update RNS'S hopefully/likely incoming here later in Spring too .. helping any such rally become meaningful.
IMHO & DYOR
Who is on the board of the JV?
If you believe AA will follow agreements with ARC you must be deluded, if you also believe ARCM give a jot about following agreements you must also be deluded.
Good luck, your going to need it.
Suggest you read the JV announcement Peggy.
ARCM is on the board of the JV vehicle and AAL's shareholding is contingent on specific investment thresholds.
More garbage from the trolls.
The problem is you will never get to listen to anything from AA, they have no interest in ARCM shareholders.
They also have no drilling plan in place as yet, maybe one day in the future they will get round to it.
This has become a cash cow for the directors and there mates, nobody else will see a return here for a very long time if ever.
Great analysis TC.
"Dilution was irrelevant in the global scheme of things and those that participated were not diluted at all." Utter rubbish.
Dilution was irrelevant in the global scheme of things and those that participated were not diluted at all.
It all comes down to mineralisation and AAL have staked a massive vote of confidence.
I think I'll listen to them rather than following the agenda the trolls/shorts are working to.
Haha.
"where the underlying businesses (unlike ARCM) had genuine challenges"
LOL, so I suppose you think they just diluted you all by about 20% (from memory, so no need to get out the calculator) for the fun of it?! No, it was because they were out of cash and needed to pay themselves lots of dosh.
It's such a pity that with some of the most prospective Copper ground in Zambia, most ARCM shareholders will see very little wealth from any success with the drill bit because of the leadership here - as John Meyer (one of junior mining's most respected analysts) said, "I wouldn't trust the Arc BOD to run a corner shop!" No doubt he sees the prospect of a few percent from an entry at 1.8p, but the idea that people who've held since 8p will ever be rewarded.... well, let's just say it will get a mention in that great novel, "The photocopier that simply worked, and other fairy tales".
He's too busy being the crypto kid, and playing c.o.d.
As I have said before my little peeping clown, I am quite happy to discuss other matters on Twitter and why you keep trying to divert from conversations re Arc on here is because you know you have lost your argument here. Don't be cowardly make contact on Twitter you clown !
Fulmars more confused than scooby do, on one hand hes saying Britain's doing better than any other European country (spreading brexit propaganda), but also the country's in a shambles and London's being run by a brown person, hes fallen for every dog whistle and trick in the handbook. WHAT AN ABSOLUTE MORON!
So special holidays and a little peeping Tom on Twitter-seems perfectly normal...!
Yes dear absolutely dear, thanks again for the admission.
Your Twitter is a scumbag central, right wing grifters have jumbled your mind. TRULY PATHETIC how you’ve fell for level 1 propaganda.
Would guess left a bid to work all day yesterday. The problem in the UK is that investors are easily spooked. Animal spirits lacking. It's all a bit musn't grumble, may never happen, stiff upper lip Nigel. Easy prey for the shorts.
Compare this with the US with situations like AMC or GameStop where the underlying businesses (unlike ARCM) had genuine challenges, but retail lunatics bid the stocks into the stratosphere and held pool parties with bikini-clad babes in Vegas. Investing in the UK is more like a day trip to Blackpool with Aunt Edith. Hey ho.
All ARCM needs to rally is for people just to stop selling. Hahaha.