George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Am I KGB ?
Check the ticks
I think it's actually you.
I didn't know Dior owned a country, should have bought shares in that company.
jez
it's official. you are the biggest ******** on this forum.
at £13m mcap how much of br is priced in?
if our mcap was £130m you could have a point.
now give me a bit of time and let me back up the previous forecasts i made on fairbride numbers for h1
travelling up north for last housesit before i get out of this dior country
Prickly: He would NEVER pay you a divi when he can use the money to prolong the life of the company rainbow chasing.
After all he's drawing £130k a year just to do that very thing, keeping the gravy train running.
More patience required here, alas.. maybe lots more even..
CB certainly showing lots of patience here....to the extent that I hope he even remembers how much he's paying himself to maximize the share price here.
If the bifta in the coffee gives that much patience then lots here had better try it: Calm down our kidder with the Bifta :-)
Of course there's a point in optimising it now MaKGB, what if the price of copper suddenly went up 10% in a month ?
Wouldn't it be better to be ready with a completed study instead of being caught with our pants around our ankles ?
Read into it KGB, why wouldn't CB do that ?
Unless he has the same feeling as the majority of shareholders (reference shareprice ) that if would be so underwhelming that 1p would look like the sunny effing uplands.
We could potentially be drilling forever to prove the land we have.
Rainbow chasing at it's finest Ma
Wouldn't it be great if we managed to become a small gold producer delivering $ 5 m profit per year and returning half of that in divis to we long suffering.... with an SP of 3-4 p
God knows how much we have ploughed into BR $20m? And we seem no closer to ensnaring that elusive major . I am beginning to think the grades are just not enticing enough . I know CB reels off stories of the great Swedish copper mine also a porphyry at Aitik but he has been unable to sell BR and this is probably because of its inferior grades. Not to mention all the hype about 25 p and 2 million tons. I would just like to see some return for all the tens of thousands I have invested in CB please. The quality of discussion on this BB has sunk to a bantering bickering sideshow. It used to be so much more informative but i assume most of the serious investors have sold up and moved on. Leaving a n unhappy few desperately hanging on, like me.
>>I think zap was saying no point in optimising BR if it won't be sold for a year or so.
Just saying, is there a point in fully optimising ‘before’ approaching AA to negotiate a get out if either of the AA options are not going to be met?
They could do a potential phase 3 or optimisation phase after a conclusion if needed.
Just putting out the idea, I personally haven’t got a clue.
oh ma you really are as green as grass aren't you ?
figures can and will be manipulated.
£13m mcap ? what a joke that is
suddenly actually earning something will always look good percentage wise if you start with f-all
no point in optimising br ???????????????????????
wtf have we been banging on about for the last three years?
tie a bow around it ? rofl
suddenly a couple of years time is fine !
delusional just doesn't cut it magone.
winkety ****ety wink !!
It’s down to how much we will have to give away. Will just an increased NSR royalty cut it? Getting out of the legally binding agreement is paramount before anything can happen.
But once they do then are free to actively market
EXCUSE me Jez
MCAP £13M
Anticipated revenue H1 £5.4m UP 426% from H122
Gross Profit Margin 68%
not including Zambia Copper income or interest earnt from corp tax $
I think zap was saying no point in optimising BR if it won't be sold for a year or so.
Let's see what he says back
and you saying that doesn't warrant CB salary of £130k
Of course they are !
If AA kick it into touch they don't have any further control obviously.
We don't have to ask them to OK anything.
Not that they'll be much to OK if the much anticipated study doesn't come up to scratch.
How long overdue is that by the way ?
Better to let the S/Holders speculate about how bad it's gonna be than publish and confirm it maybe ?
After all CB has earned around £80k from our FB earnings whilst we've been waiting hasn't he ?
Nice work if you can get it.
ZAP
Last question promise.
If XTR go to AA with DTM deal and AA say no the XTR are free to approach another Major?
're cut in deal with AA thought subject came up at AGM?
The way I see the AA option now is, once they have the numbers that give a financial picture, along with the geological data is there any reason to wait to cut a sell on deal with AA if they are not going to persue the DtM if is going to be difficult to prove. The 2mt is out of reach if they will need to spend another £10m or so to get there. Is one or the other to trigger the process, so if neither, then is there any sense in fully optimising and waiting a further year or so?
You have a spot on imagination! I do actually have a F150 truck!
BR may have some optimising ahead before it is ready so will make a change for focus to be spread around the other projects towards increasing cash flow.
Yes agree ‘beaten track’ as far away from other people as possible.
ZAP
're BR
I am right in saying once financial models are out then dear C🎯l will approach AA.
If AS say no then they want to be cut into deal with whichever Major buys BR?
At the moment market pricing in NO DEAL for XTR/AA?
Will dear C🎯l release above news to market as and when we have it or will there be no news til DEAL done?
Thanks
ZAP
We've never met but I imagine you in BIG off road monster not Ferrari!
You not gonna use DOUGH when BR is sold?
Me am a off the beaten track girl!
Jez
stop putting words in my mouth. BIFTA ? wot the hell is that?
Anything processed is FULL of sugar be it savoury or sweet. SWEETNERS are poison.
perhaps dear C🎯l into taking dose of cinnamon to create fat burning inferno!
Yep wanna do road trip to Russia to get to know my roots.
Sure me and Putin would get on house on fire if we ever met.
Who needs the Euromillions etc when we've got the one and only Mr Colin Bird's Xtract Resources to bet your money on : I'd even go as far as saying there's more chance of Mr Colin Bird finding significant Copper in Zambia than there is of you wining the Euromillions Jackpot !!
Seriously, don't do Euro anymore. Never won more than £2.70 and cost £5 for 2 lines.
Do thunderball now. £1 a line. Just about breaking even and at my time of life, £500k is more than sufficient.
I'd buy glr and xtr and retire Birdie
Some Ferraris and a helicopter jez
no daydream I am going to win Euromillions because I keep telling myself that I will.
Two tickets = twice the chance
I use me 🍞I do
You mean he uses bifta instead of sugar in his coffee now ?
Bad advice I think.
I thought you were going to live in Russia with your pal Putin ?
Did he think you were too radical for him then or did he realise you'd do his head in ?
Winkety wink !
Disaster NTM!
Did you know SUGAR is highly addictive more so than Charlie?
Noticed in UK FAT is the new SLIM?
Noticed dear C🎯l is SUPER SLIM now?
Perhaps he took Dani advice ?❓✅
''Alcohol (22k) deaths this year
V
Charlie 804 deaths this year
V
SUGAR tens of thousands deaths
I know which I would choose''
All three ? :-)
Jez
You are grating on my nerves.
This is what I do. UNDERSTAND every aspect of the investment I bought into.
Now Zambia Copper is coming into play I need to study so I can project earnings which will then add to forward value of share NOT YET PRICED IN.
If I had to do risk/reward on
Alcohol (22k) deaths this year
V
Charlie 804 deaths this year
V
SUGAR tens of thousands deaths
I know which I would choose
As it happens I dabble hardly ever as am on a NATURAL high📍♦️✅