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 can't see any increase in the SP till next year now, I do believe that the board have let us down by not delivering the SS as promised at the end September. This knocked the wave of confidence that had built up on an already fragile history of failed promises. It's a real shame because everyone was gearing up to more positive news. As it is any news that's positive just gets soaked up in this uncertain market. On the bright side it does give everyone the chance to get in a lot cheaper price than I ever expected, if they do need more funding I'd be happy to invest £50k in return for options.
This is painful, I am now over 60% down on paper! Good update drilling RNS and it goes down again.
An easier way to explain perhaps is Traders may have had a pool of say 3 Billlion shares before....the pool has reduced radically IMO....I firmly believe the Investors have taken control...hence more sells been shown....less buys ....Its a game being played. Only going to be one winner IMO.
The view I have is as follows....
Investors have bought their lot of stack and are holding.....Traders are trying their best to make a market by trying to take the shares off the Investors....and I don't think its working for them either....perhaps they cant buy as easy as they used too ?? Just a view....
Market conditions
Back to the waiting game now!!!!! Imho.
investors buy when good news is reported
and small minded traders knock the share.
AIM is a GAME. Traders fleece and investors
pay the price. Pathetic.
Funny, EUZ is my only significant laggard (as of writing) today and of course the only one with a RNS out. Amazing how often that happens.
OT, I hear you about the depth. What do these results tell us? Apart from a little copper?
Ignoring the copper as a sideshow. TOD18 returned good results, TOD19 less than 4% and TOD20 reports no Pb/Zn but Cu and Ag - a bust (or am I wrong?). I'm disappointed ATM.
Well, it is Christmas ;) !!
EUZ now back on track.....This will make a few people very very interested IMO... Tremendous results.
This will help move from inferred to indicated at pace and don't be at all surprised for take over, buyout, JV very soon. I estimate at "go slow" pace we have enough in bank for 1st Quarter max....but I don't think the BOD will want to work at 'go slow" pace...Fantastic for SH and watch the SP today....HKGK....:-)
Good stuff :)
Pleased with results. Hopefully SP has no based and can repair . Asset remains high potential and crazy NOV vs Mcap
Better day ahead tomorrow I'd say.
Good read looks like we are progressing nicely
Unexpected copper, very nice.
There out!!!
Sounds reasonable to me. We're proving up Toral to sell on, company with similar size asset in talks with us, caml looking to expand its portfolio... keep proving up and if not them someone will snap it off our hands. Just a case of how much... Let's get funding sorted.
TBH, you're looking for positive news, where there is none.
Looks good possibly
If they were to buy toral what stage would they want at?
@Oiltap....He stated they are actively looking for acquisitions....IMO they must be looking at Toral....The reason I say this is what other resource is available at the moment if CAML want to expand ?
This is my opinion only .... yes there may be others but with the same potential as Toral ??.
Interview with Nigel Robinson....about 12 mins in......
https://www.youtube.com/watch?v=YtNUIAnmZPc