George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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a reverse takeover would suggest acquiring a private company, not necessarily in the oil and gas sector. however, what can we realistically pick up for about £2m?
Agreed...my thoughts a couple of weeks ago. It is last chance saloon- It is an "Ardenne"......all or nothing ! Am watching like a hawk now . He's surely got to have something half decent to have swapped for the NOPTA rejection, 6 months time frame and a short fall of £ 3.5 Mil at very low oil prices, ....very tight it seems .
This was all over years ago. Anyone putting money here that isn't just hoping for some P&Ds are idiots.
he only needs to raise £6m if we elect to become an investment company - which i'm sure isn't a realistic option
i'm ok with that. this does feel like last chance saloon - Bandy has 6months to do something otherwise it would appear to be all over. jeez
He's got to raise £3.5 mill in 6 months ? So got to have something in pipeline and will need to dilute at a decent level.? How else could he raise the required threshold ?
Means he will have to come up with something quick.
But Bandy is a complete waste of skin
Okkk - we're now a cash shell ....
Agreed. i think most have wised up to it by now. thank goodness
Really. The December 19 one was much better.
What a pump
trading volume is too low to be any kind of leak - looks like MM are making a few quid before the weekend (just my opinion of course)
Good point, it would go through ASX first
Do they release RNSs to the Aussies first? May get something sunday night ASX pre market
If there are more purchases and it is sustained then yes I would expect an RNS .
RNS today do you think? Something's afoot eh ?
Whatever the rise is for .. who knows. However, it shows how quickly this moves with a few purchases due to lack of shares in circulation.