George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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The question is Can this go back to 0.1p,
Yes it can!
Unbelievable country !! Not to follow the law
Now in receipt of the signed and stamped High Court of Zimbabwe Order relating to the release of the historic parcel of 129,400 carats of rough diamonds
Shocking really , cost the country in business
Yes, they increased their position on Monday… the market response, the share price goes up. That was the exact opposite of their intention, and now they have to buy them back at some point, which I itself is another share price increase driver….
I watched a documentary on BBC news yesterday how corrupt zimbabwe is jailing job
https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://mg.co.za/africa/2024-02-02-zimbabwes-job-sikhala-set-free/&ved=2ahUKEwj05N6KyrmFAxVHQ0EAHdxfBEYQFnoECA8QAQ&usg=AOvVaw1crhiid1w0IDw6KOCbR55q
Jones invested into this company for a reason something is stirring not just your tea leaves!!
The word Diamonds will pop up theyxare ours but with the turmoil in zimbabwe government and the bank its been very disappointing ,, but hope ..
There is interest and it is rising ,
Castle
Woops wrong board
Good morning All still gob smacked on yesterday's fall really thought we hit the jackpot with that RNS just goes to show how rong you can bee on the Aim , still at a loss with the new stock I purchased this really is a stock for the future towards the back end of 2024 big gains , this helium plant will go up in no time and service roads and pipe lines built ,,, Big money here one for your sipp pension,, sit on hands top up watch the development un fold and patience .
Castle
They wouldn't be the first entity to get the timing of an open short position so disastrously wrong haha
Only thing that appears to be heading north is Gsa Capital Partners llp short position.
Kismet must have been on a smoke break, down at the local having lunch and a couple of cold one's , with Fortuna his missus, like I was, to be fair , none of my shares having a good one, maybe lady luck with smile again tomorrow, with an rns would be nice, as long as its good.
"Glad
I sold out yesterday"
And while your busy gloating and rubbing salt into the wound about that, the price is creeping back up. Hope you don't get left way behind LOL
I sold out yesterday
Are you sure about that .
0.50p smash soon and upward anticipation update.
Agenda driven once again......
A lot of good information given in that RNS but as always focus on the CUT paragraph that suits the agenda.
he Directors would like to stress that the authority is required in order to give comfort to the Creditors. With the near term prospect of receipt of the historic parcel and the benefit of current discussions with the owner of the Swiss investment company, and also with the expected rise of the Company's share price in the light of these developments, it is not expected that a material proportion of the requested authorities will be required in practice, or if required not at prices similar to the current share price
GLA Wontongue
Ifiknew - ‘plenty of possible news’
You’re right - there is outstanding news due re the below from the company’s RNS -
‘In order to show good faith towards repayment of the Creditors and to provide a possible solution to the Company in the unlikely event of enforcement of security in favour of the Creditors, the Company has agreed with the Creditors to request Shareholders for such additional authority to issue shares as will, at a margin to the current share price, enable the Company to raise up to US$9.4 million so that the Creditors can be repaid in full. The Company therefore is requesting Shareholders to approve the grant of authority to issue shares which, if issued, would raise sufficient to repay the Creditors should it be necessary to repay the Creditors by this method..
In addition, pending the ultimate receipt of the proceeds of the historic parcel, the Company requires a further US$1 million as working capital.
The Directors therefore propose that authority from Shareholders be requested to issue, up to a nominal value of £8,400,000 of share capital (equivalent to 8,400,000,000 Existing Ordinary Shares) (Resolutions 1 and 2), which if issued at par value for each New Ordinary Shares would raise £8.4million, or approximately US$10.5 million - sufficient to repay the Creditors and provide the necessary working capital together with a small additional margin..
The Directors would like to stress that the authority is required in order to give comfort to the Creditors. ’
Can lightning strike twice, popped away around this time yesterday and we had jumped from 0.35 to 0.49 by the time I got back, come on Kismet , do your thing, any good rns will do.
Reading the recent rns's , plenty of possible news coming, Zimbabwe legacy funds , could also return to mine more , debt status, Romania production and grades update, plus increased revenues ? , what revenues has Tajikistan produced so far and forward planning.
North it remains, bottomed 3 April 0.33p , can we break 0.5 today ?
Any of you guys , have a company name ? came across this link, wondered if it might have anything of interest to vast and its ventures into Tajikistan.
https://www.blackridgeresearch.com/new-projects-near-me/mining-database/announced-upcoming/tajikistan
Hmm wonder why someone needs to get posts deleted when their posting history is questioned?
Embarrassed?
Ashamed?
Guilty conscience?
Or just guilty?
Surely we're only back to consolidation price so what's all the hype
Strong confidence building up.
Leaky.Something big inbound.💪💪💯
Expecting news, interesting again .
Castle