George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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Pleased about the news, but I think PIs were the last to hear. My feeling is that the RNS should have come out on Friday
I also bought crypto and made a profit before cashing in. I missed the big latest rises but not holding a grudge against cryptos because of this. It is very clear in bitcoin that it is controlled by a few whales as you say, and they can collapse bitcoin overnight when they organise a sell off. This usually brings the full market down. Around 4 million bitcoins have been lost forever i have been informed, some by hacking and others losing wallets so i believe that cryptos are high risk now given the high prices. Reminds me of the tech bubble when companies were valued at stupid levels and that wiped a few out when it corrected.
All Cryptos are worthless I am glad to have followed the saga becase it's taught me that central bank digital crypto when it comes along (in china already has) may not be worthlessbut is a very very bad idea for the average Joe Public. FIAT is already mostly digital. Central Bank Crypto digital currencies something actually worse than Fiat !!
If I am sorry about one thing on the crypto scene is that although I have never been a supporter of crypto i,e bitcoin et al and the fact i am now an ardent anti crypto and bitcoin guy. I missed a trick not to take a put earlier on in the saga. Just because it's a scam doesn;t mean you cant make money out of it if you get in early. I never anticipated the hullabaloo about it. Irony is I actually know more about it than a lot of supporters. What is worse those supporters often have flaky at best understanding of financial markets or none at all whic is why they can;t see the wood for the trees.
Bitcoin was supposed to be a peer to peer utility hard currency it failed and morphed into a ponzi scheme(they call it a store of value). It's totally unworkable for the masses always was and still is. No Helpdesk no backing no nothing. Exchanges hacked galore.....or the founder legged it in some of the smaller ones...lose your keys stuffed....its hard enough keepig track of passwords these days...have you ever seen a bitcoin key ? it;s like the length of that welsh train station name. Most bitcoin is in the hands of the whales.....it has no transactions to speak of and is regularly pumped and dumped because its unregulated....it's a total ***t show is the truth. The ultimate Ponzi it;s right up there with tulips,...John Law way beynd Madoff and Charles Ponzi
Be even nicer if the news got it to £14 +. Still a great price to be buying long term holding as miners are out of flavour. See when crypto gets regulated that the reality that most cryptos are worthless, money comes back into physical gold. Why is a digital currency worth £50,000 each when there is no asset of anykind to back this up. Cant wait for the correction TBH and see what a scam cryptos really are.
Spindler - as per their website next week October 26. B99 indeed very nice to see they keep overdelivering and more importantly the size and life expectancy of the mine is a masive 24 years.
Nice.
I was trying to find for Fres and Poly when the production reports are due...i think they are close together but i can;t see where it says to expect them ? Any ideas ? I am guessing the POLY RNS today was unexpected ?
POLY delivering within budget and ahead of schedule. How many other miners do that?
Nice way to start a Monday morning.