George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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I agree. When a company gives exclusivity to a company like Anglo and then says it's had several approaches, you can bet that their correspondence is very positive. You only have to see what the CEO has been saying about how big this is going to be . Its factual and progressive.
You can bet Anglo are doing their due diligence during the up coming drill campaign, before making a solid commitment.
The assets are first class and a potential major cobalt
/ Copper discovery.
Have patience and take this low market capitalisation to make some solid gains as this develops.
SB
Excellent volume today, really feels like this is starting to take shape now. I think we're hitting a lot of people's radars now, and maybe even the II's that Nick mentioned in the conference call. I seem to remember he said over £40 million mcap for them to take notice and we're at £38 million now.
Still so much more to come here, I think £50-£60 million mcap would be fair currently. Who knows might get there sooner than we think.
i'm hoping tomorrow we will move clear of 4p
This years drill results will achieve extra momentum because of the mere fact that they are in effect increasing the resourceand so the price to AA or whoever gets us.I wonder why hole 5 Muswema was not assayed last year :-)) it's almost looks like the BoD know what they are doing !!!!
As results due very soon and Anglo agreement this is now re-rating to where who now's but well above 5p
Does seem different this time its been a very steady rise over last few weeks
Fulmar - I was jesting re the magnitude of the rises. Yes I think not quite 5 years but seems like a lifetime.Hopefully just steady rises as drill results come out. If AA make an offer then that's a different matter
deal(s)
Hi Westie,I mean if it rises uncontrollably, it will drop more severely on trading and bored short term investors.A steady rise is far more sustainable and preferable for me.The huge rises will come as deal9s) are announced. Is it 5 years since Ortac became Arc? I think iv'e been here 4 years (didn't think it would take this long then) but I have every confidence as you know, AIM bites everyone in the Butt at some time.But this time round I think we have our rears covered.GL
also large volume increase in traded shares which is also very positive
i think with anglo this could be the game changer
Too mad too quickly Fulmar??? We've been here 5 years so i'll accept whatever is thrown up!!
yes topped up 220k myself at 3.98 now have nearly 1 mil which is my target
UT @395,next leg up coming this afternoon of tmrw am.I didn't want this to go too mad too quickly,but ho hum.
higher lows and and higher highs virtually every day have to expect a bit of profit taking at 4p but onwards and upwards as there being soaked up by new investors
Taken some more, whan an opportunity
Alot of trades in red are buys
Well doen L2. IMO you should do nicely over the coming months.
joined you guys today, company looks very interesting
My £20k buy showing here as a sell by the way!
Nice 750k buy just gone through delayed 1 hr
Yes looks very good and chunky buys still coming in well above 4p
Mm’s happy to take 500k at 4p but why would you !!!
Had a feeling this would fly today
And now first one gone passed the open doors....we may need someone to check no one is jumping the que....
GLA.