George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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tea
Just checked with Mystic Meg... She confirms my team reading as 88.47893%
Yay there you go from a professional! :P
Oilman
Listen you condescending old fool, you keep talking about a journey and longterm holders etc etc, you have been here two minutes so you Sir, can jog on!!
sorry to say it is only 88.5% chance of success, based on my tea leaf reading this morning.
The leaves never lie!!!
Jasper
Many thanks for your concern, however I don't need your advice on selling or going.
And tell me, if its as amazing as you say why are where we are.
Theres nothing on the ASK this morning. Can't buy.
"The unknown is the refrack but previous data and the expertise this team brings to the job gives us a 90 % chance of success hence the reason for employing Roland and the team."
All i could hear was 90% of statistics are made up on the spot lol !!!
Love your optimism Oilman but really 90%, you have not idea what the % might be if truth be know right?
Zag….have you actually got any OEX shares?. Because if you have, I worry about you, and whether it’s good for your health to actually own any, and put yourself through this day after day. If you have some, and are not happy, sell up move on and find another stock. It really is that simple.
Of course Zag. Got to say, I am a little more confident thanI was, but 90%? Dont think so? Still hopeful of maybe doubling my current punt at 0.22 in the next year. Gla
Very simple Gordon as nothing has been delivered for ever with broken deadline time and time again, why would the market do anything until something has been proved.
Yes Espen, I noted that change. Has his confidence increased, or has he decided to up the hype. Uf the chance of success is really 90% as the uber confident contend why does the market not see it that way? Atb.
It was very encouraging to hear Roland mention the merchant ccs solution is straight forward. Equally, readiness time needed he was upbeat about.
Equally no comment about Cambay “not being a slam dunk”. A very different tone. So apart from the delays we all know of, sounded pretty good.
.
On the asx
Its a big operation it'll gather pace, they're essential. In addition to production start you've got signing of major suppliers in days too. Position well, it should be a good period ahead after a hiatus of some 4yrs. Atb
I hope these personnel on stand by aren't being paid to do nothing. They've been hanging around for a while now.
The Gujarat Pollution Control Board is expected to approve the re-commencement of production on the Cambay field "imminently" @oilexltd India is the third-largest energy market in the world, demand growth is outpacing domestic supply with circa 50% of gas. OEX Interview below! https://t.co/pzplQKITOe
That was a good a listen. Stalled for years and now its on the cusp, let the rerate begin.
"final consent to produce expected very very soon"
"offtake agreement in place"
"personnel on standby to commence production immediately"
"on course to be signing letters of intent with major suppliers by the end of this week"
"will be farming out"
Well obviously we all hope/expect the refrac will be a success but self evidently the market doesn't think there is a 90% COS otherwise the sp would already be multiples of what it is. Let's hope the market is wrong. Wake me up in September / October. Gla.
buyer beware esp when it pump and pump and everything is rosey, maybe it is the glasses but one thing I know and maybe it the age but a guy with his experience should know when a seal is removed or being removed and certainally should know if gas is flowing as last week it was and now we waiting now still, old age as he in his 80`s apparently with 100k/200k in here or dam right misleading folks and why he blocked me when I challenged me, you make statements you should be prepared to be challenged GIFF or whoever !!!
trying to be pragmatic Gordon unlike some on here who sound like religious nutters, you need to be balanced and understand exanctly what is being said here, we need to consider what the hype was on getting 100% ownership and it went to .44 but all the nutters who were locked at home so all share were being pumped to the sky and dumped when they could have now gone, this is a different world in small caps now, I think Roland was as trueful and factual and gave a good account of himself and left us in no doult where we all stand invested here, people have to do there DYOR and work out there investment plan according to their needs and timescales, in time this has massive potential but has to be proven and we should get some indication when the taps are swiched on and then a long wait until July), a week can be a long time in shares nowdays and also felt no need for the host to keep mentioning the word "DELAY" all the time so whatever folks do as always I wish folks all the best GLA :o)
Your exhortation to sell is a tacit admission that I have shares to sell; progress! You can have them next year when we get to .4.
Yes toptuf agree with all of that. Obviously, should have seen the equipment delays coming a mile off. Would have been great to acknowledge that but trying to be positive. Will someone please define what they mean by a rerate? Double the current price? Doubt we will see that before q4.
Time to sell up and come back closer to refrac as its not going anywhere despite our resident OilM ramper stating re-rate and taps on, on a very frequent rate