George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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History shows that this has been a truly shocking long term investment. Something needs to change and I suspect that a good place to start is management.
GB does not suffer fools gladly and I'm sure any failing to perform will find they are without a job. Don't expect miracles, but imo this is a good long term investment.
They have good technology and IP. Management have been shocking at commercialising it. The management team have consistently failed to deliver sales or projects including Gib. Maybe the new BoD will be better at cracking the whip or will replace the executive team. The jury is still out on management/BoD. I am not sure that there is much relevance for Coronavirus but I might be shown to be completely wrong - certainly the company are suggesting there is. If there was then I suspect that governments would be all over this - but they are not.
I am intrigued by Gib reappearing on the website. The Gib contract (£20m++was supposed to have been lost months ago. If so why is it on the website?
I have been a consistent sceptic on this stock and that has been proven to be a good call. However, the SP is getting to a level that it maybe worth a punt. However, management have consistently failed to deliver and I have no faith in them whatsoever. A new credible management team would be the precursor to a SP rerating.
So what’s your view here, worth investing?
riddler just endlessly parrots what management says and provides little or no analysis. If you had followed his advice on MW over the last year you would have lost about 95%.
We are on the top risers board, we will get noticed soon enough. Riddler posts lots of informative info here, probably worth a read.
thanks for your interesting post on ncyt share board even with so many buyers moving at that share board ,came over for a look here