George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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Onetruebaggie … even lol
Onetrunaggiie
What a cracking post, I think that will resonate with many of us…
I close my eyes and wait patiently for £10 5#1t or bust..
Gl everyone
OB
Et tu Onetb: And a Happy Festive season to you too: no I'm not woke but didn't want to say Christmas in case the message was subject to deletion. And a Prosperous New Year!
Well said Trek. Only mid-week but Mrs and I will probably stay in for another week-end. Musing upon putting my signed Lance Maillot Jaune up for auction for funds but will stick with present holding and fond memories on the wall. P3 results will increase pressure to invest in Orbea e-bike but Le Geant wouldn't be the same so will stick with my faithful Madone. Quite amazed since 03/20 at the amount of b*****ks herein on occasions but, again, thanks for your insights.
Onetruebaggie
An immaculate post that articulates my view, position, wariness, exposure, risk and fear!
When this ends, if COVid hasn’t finished me and if the results are good… I want to kiss you
Agree, plus the news regarding delta strain can pop up anytime as we learnt from the presentation, and they have started on omicron as well, which should be available shortly as well., that alone has enough firepower to send sp north of 209
I look at it very simply. Next January in anticipation of the read out the SP should be north of 200p.
That puts all buys now in profit.
So what happens below 200p is imo a buying opportunity.
Perhaps that is why there is so much effort to shake the ‘paper hands’.
Buying now below 200p will at some point in the New Year enable anyone so inclined to then sell some at a profit. Whether that be for 210p or 310p. I have no idea but the odds of it being over 200p as we approach mid January look pretty good.
There actually aren’t that many shares where you can almost factor in min 10% gain with a chance of a bigger upside in such a short timeframe. That is without even running the risk of the readout which could be spectacular!
It’s no wonder we see so many folk pushing a negative or ill informed agenda. They at least understand that logic even if they have no idea what a placebo is!
Usual caveats
Trek
I think for what it's worth, we are all getting a little jittery! When there are sizeable fluctuations in the share price, we all get a little bit anxious and want or try to simulate reasons why! The truth is, none of us know why, as many have stated, if you have come this far, it would crazy to jump now, unless your gut told you this was going to fail! I don't blame some people jumping at the 11th hour, possibly to protect any amassed profits or scared in case its bad news and the whole thing comes crashing around us all.
I like most of you, believe in the science and data is king, if nothing else, we have diligent leaders who genuinely care about the company and importantly the product they are working with. Given we have 2 sizeable ii's who have invested heavily, i also believe there is an element of following the money , if that makes me a sheep, "Baahhhh". Personally, I am deep into this share and have followed it since the Mad Monday last year, with regret I wasn't invested at that time, but did my research and believed in the product. Since then I have invested little and often and feel like a kid a Christmas, waiting to see what Santa brings, on the flip side, I'm $hit scared that if it fails, I stand to lose a lot of money, that I probably cant afford to, but am willing to take a gamble on it.
There is no use squabbling like school kids on the playground, we all have different thoughts and opinions and if we were all the same, life would be boring. I for one will sit on the sidelines, pockets, sofas and cupboards empty, praying to the share gods, this amazing product bears phase 3 fruits, gets the EUA's is subsequently applies for, becomes a genuine marketable drug and goes about changing the world from that day forward.
I like most sit patiently waiting and try to ignore the day to day movement and wait in hope, I hope for you all it is successfull and this wonderful drug becomes a household name and we all make a lot of money, Merry Christmas to and a genuine heartfelt good luck to you all too!
Hold for Gold, GLA.
Oakleaf, you may be the proverbial crazy old geezer sitting in the corner of the pub screaming at strangers but you may be right on this occasion.
Graking i am certain there are many things that are new to you. Spending your days in perpetual surprise and wonder.
"Readied the supply chain" ???
gunto2020 - Can you explain "steady the supply chain". A new one on me.
Graking - your posts have no impact and nobody cares.
So the right answer is:
SNG have readied the supply chain in order to produce a certain amount of treatments per month in accordance with respective demand.
Once ordered by relevant government, production will begin. Without approvals & subsequent pre orders, there is no reason to begin.
Hope that makes you feel better Mr Costs, but this is not rocket science.
BeContrarian,
You might be right. But there would've been some people who read that and then complained if we're still waiting for the results on February 1st. Fwiw, I'm expecting the results to arrive anytime from mid-January to early April.
MrCosts. If what you say re 2021 is correct and I have no reason to doubt you, then this bils down to the honesty of RNS's. In AIM, there is not the same scrutiny as there would be elsewhere but interestingly, there is no rule which requires RNS's to be validated as to their sincerity, let alone honesty, for example by way of Auditors review and comments in the Annual Accounts. I have been involve with AIM investments for some 10 years now and I have come across many RNS's which owe more to keeping up the share price than they do in honest shareholder and market information. So however much we might want to support our investments, an open mind is probably the healthiest approach until such time that the SX get round to the quite simple rule of requiring Auditors to analyse RNS's perhaps on an ongoing basis. Having said that, would not want to be the auditor who shops his client for misleading if not downright lies in an RNS.
MrCosts - I'm really glad you're not running SNG. You would have blown the company's entire cash reserves by last summer - manufacturing 100K treatments per month that couldn't be sold until the company gets an EUA in early 2022....
Why on earth do you think that would be a good business decision??
Bid/offer spread has blown out to 7.5p again. Nonsense. Volume has been decent and steady.
I think it’s fair to say my point still stands in that not much patience is needed here. It’s taken nearly 2 years and now we stand on the precipice, pending good results, of commercialisation.
I’ll go on record as saying I think we will have results by the end of jan. They won’t slouch on this and will be working round the clock to get it done. Of course, IMO
I am sorry you're having a bad day MrCosts. Worrying so much can be really tiring and it doesn't help with the sun going down at 3pm.
Results -> EUA -> Orders -> Manufacturing update
Pretty simple map to follow
@Dunk1973 - The company announced they 'aim' to produce 100k a month in 2021 and this was released to obtain additional funding.
I dont' care what word they use, any sensible person in the street would expect at least some kind of production to take place in 2021 at the rates quoted.
...or "roughly six weeks at the most".
It read like you were saying "roughly six weeks maximum".
Sandiego you quote me as saying ‘MAYBE 6 weeks’ and then claim I’m trying to pass this off as fact?!
The irony police are on their way…