George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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Punt (investment) from me
Bought 13.5 mill just before close.
Well below last placing of 0.015 price.
Not showing in trade list.
FYI BricksSA,
Investing.com case #79369
You could or the company have logged this out of date share issue but I will.
Just ACK that at least we can now see the stock
and the real time site is useful.
I suggest you log another call....they are still showing old figures ito stock issued...Shares Outstanding 5,574,576,317 instead of 11,976,876,317 which of course will change the MCAP displayed on their website and also might just influence some of their technical indicators.....
I logged a support call with Investing.com because EUZ was not available.
Lo and behold it is now there. :-)
I seriously considered getting more at this price but at the moment it would be throwing away money that can be better used elsewhere and more productively. For now we're chasing rainbows and I'm staying away until there's positive news and upward movement. Potentially there's lots of upside and you don't need to worry about losing out. Equally, you could lose all.
I think anyone who is still following this group chat (passively or actively) still has some hope that one day the sling move will happen and we shall have some return on our investment.
I certainly can’t argue with anything you’ve said there. Especially the comment about LR.
I’m just thinking out loud here with my post that it might of reached the bottom and a push might be made to lift the price up...the new update media presentation might be the start.
But fully aware this is Aim and it’s hard to call ;)
Absolutely not. I've tried that before and basically thrown good money after bad.
Like many, I'm way down on this and the 'sense' of bring down my average would be sound in any other lifetime - but not with this guy at the helm. We simply do not know what's next. For me then, it's sit firmly on my hands and hope the SP rises on the sale of the asset - which of course, is the only other constant in this debacle.
Is there anyone else slightly tempted to buy a few to trade ...oiltap, I know you were thinking about it. I think Bobby bought some too.
I’m considering...even though I’ve sworn that I’d never buy Aim again ..lol :)
Thanks BricksSA for links.
As well as Capital Structure....http://www.europametals.com/site/investor-information/capital-structure
http://www.europametals.com/site/PDF/2894_1/EuropaMetalsUKMay2019
Bought 11.1 million @0.0134
Bound to show as a sell.
To bring my average down.
so far today.....and the SP hasn't moved.......Guess its close to 2% of issued capital....
Lets forget about LR for a moment and focus on the next step.....drilling the core and moving from inferred to indicated...Which is in effect MC's baby....The funds were raised 5th April and no news reference procuring rigs on site etc.. Wonder if this activity has actually started...??...The BOD was always keen on moving fast and staying ahead of the plan but in this case it seems they have taken the foot off the pedal...
Surely we are at the bottom now ...come on, release some news to generate some interest.
LR resignation would be a great boost !
Check the auction calls on RNS on Friday 29th. This is probably the placement.
Surely consolidation is coming down the track rapidly???
...if you add up all the deals on LSE since RNS ...over the last few days...nowhere near 6,400.000.000
So how are these placed already ?
No one will flip these because the sp is less than they paid. So all taken up awaiting better news.
....to place 6,400,000,000 ...shares... Any one prepared to hazard a guess ?
Maybe never at the rate people are rushing to buy.....
TA Oiltap - Sometimes I wish we could add emojis on our messages to convey the intended slant.
I agree of course. I'm very hopeful that LR is never employed again - anywhere.
In the meantime and like others I suspect, I'm a little too far gone to sell out now (-83% and no trading cash available), so will wait it our in the hope that the asset value is eventually realised. Good luck.
MC must've seen something positive to take part - or LR suckered him as well!
I wonder if CB and MC voted that LR could not participate .....and his time is basically up....Maybe he is on notice ?