George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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Evening Chesh,
Would be nice. Not very realistic though considering current circumstances imo. I'd love to be wrong. With gov support those shares would literally skyrocket overnight.
KOH
Evening KOH....... by "The Gov can give us their blessing".........!
do you mean "Government Guarantees"...........?
All the best (kinda a catch 22 there........... :/ )
....and Government Guarantees won't cost him a penny - its all political now.
___
If....it all goes according to plan. And it's not about the money, it's about risk exposure. The Gov can give us their blessing, look good and still take credit and benefit from GDP growth, taxation, reduced unemployment and contributions to local communities without lifting a finger. Aside from Brexit and current time limitations, why would they even take the risk?
KOH
Lets just see if Johnson tosses something our way in the January budget - this is going to be a give away/ spending bonanza - supporting SM would be a great way of thanking the people of the North East for voting for him and Government Guarantees won't cost him a penny - its all political now.
I can see the delusion re Gov support continues.....Please cut the nonsense, it's boring now. The case is now closed, even Fraser himself was very clear about it recently. Yes, Boris "supports" new infrastructure (mainly in his thoughts). He also supports construction, communications, transport, manufacturing, agriculture, national security, science, education, children, gender equality, fishing, forestry, environmental care and anything else you can think of. The mine will be built this way or the other. We know that. There is too much money to be made. The gov understands that. They will enjoy the benefits regardless. Taxes will be paid regardless. Locals employed regardless. Local charities supported regardless. Happy days. No need for unnecessary exposure. Just sit and wait. We are fast approaching Xmas break, it's only a few days away. If we don't hear from BOD soon, Sirius will be in the panic mode again in Jan. Only private money can save Sirius and let's be honest, we need it now. Let the Boris deal with Brexit by the end on Jan 2020, he has enough on his plate.
KOH