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George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’
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you are a screw ball , and a bully this load of tosh fortunatey i can lose 11k , but dont get me wrong i would love it back ! people are in deep here tbh if they have put in 100k and in there early 30s take the hit and get out of this ! sham / **** show ,you are dreamers trust me get out ! now
I agree totally but these ar..wipes we steal your money ,i want to say sorry but cant ,this now to me confirms a load of baloney ,make look fantastic to the average 2 year old ,scam scam scam scam he should be locked up ! I am going to be cained here but omg this latest proves it 10000000%
FollowTheVein,
... and more analysis of the airborne surveys.
There's a lot going on since Alba gained access to Level 4. There should be no shortage of news in the next few weeks.
Please please all dont put anymore of your hard earned cash ,he is a chancer been a few from Greece ,he is playing you all ,not even a chancer a crook allowed under AIM ,the FCA is shocking are untouchable Y Y Y you fatham ,this is total horse shiiiiiite
We are now trapped ! If any sign of Gold they will dilute ,any signs now in Australia they will dilute ,in the mean time EV cars are being dumped no dought you will all jump on me , George is Clever and know hoem
Ocelot , I was disappointed with no clear update on Clogau with the latest interview.
Was hopin for Llechfraith and waste tip updates.
It’s likely to be in london as with most agm.
London is the company offices although yes they have a small officer nearby the mine
Is the AGM in London?
It would be good to be in Wales not far from the mine/office. Maybe hire a room in one of the hotels about 10-15 minutes away (Barmouth or similar).
Maybe more shareholders could attend.
Or is that a bad thing with current SP?
Maybe get some good news out first, SP up, don't do a placing, but have AGM then.
Just a thought, its Possible Good Public Relations.
Just my opinion etc
I wish they had asked us! Agm requires serious questions if held in person next month!
He could sell it to the Saudis ! Oh no sorry fools on AIM
If this was big the Aussies would Know 100% only a nonesense AIM figure who has done Zero to blag on and on , No Gold not even broken up the big rocks oh sorry waste tips ( the clue is there ! ) to prove shiiite all ,keep putting in your money George is a ! You look watch this will drag on now till 25 ,
PS - I would have voted against this if it had come up at AGM, in fact I will vote at the next AGM to deny the directors the opportunity to make acquisitions. It must have been on their mind at the last raise, hence the wording.
Option 3 is not out of the question here , sadly.
Hi all
Aa aNewbie interested in what Alba is doing or going to do the use of Clogau 400,000 whatever is only a wet finger in the air. As far as I know. It is not a measure of known reserves or potential reserves. But I could be wrong, as always but willing to learn.
Plus the stockpiles of waste? Would they be the rock removed whilst following the quartz veins because you cannot just send a small person along the vein?
Is there any evidence that the local rock also contains fines like in alluvial mining can?
Newbie naive and not knowing much but willi g to learn.
From 08:48:
"We're going to be one of the biggest players (in the UK gold sector, such as it is), I'm very confident of that".
Re Andover West: they have a month in which to exercise their option. Sounds as if they are intending to put feet on the ground almost immediately.
Hi all so when we going to get some solid results that's going to push this share skywards?
I don’t mind raises when it leads to added value in the company through progression. However when it’s to fund a bit of dirt in Australia not to focus on our core assets it does rattle my gears!
This is AIM.
I'd go option 3 but where the directors swan off into the sunset with the a big bonus whilst the company burns behind them.
Nookie,
I've left Bitcoin to others.
Remain convinced our time in Alba will come (but don't ask me when!).
Ocelot. You and I have been buying alba shares for a good 10 years and it’s been a fricking nightmare. Let’s hope it gets much better. There’s people on here that if they’d bought crypto 10 years ago they’d possibly be millionaires instead of 95% down. So pipe down a bit will you!
He must have read my “laser focus” comment lol
Agree sometimes when opportunity comes a knocking you should grab it
I just hope and believe he can get gold into some sort of production and revenue in this will then allow funds to progress the lithium potential he may as we did with graphite create a separate entity with us having a large holding in it
But George for the love of god whilst gold is HOT HOT HOT get it in there
GLA
Oi, Fishy, what's your alternative then? Share issue is the only way junior miners can make progress. Can you suggest an alternative or have you just had a bit much wasabi and its made you snotty?
I'll save you some time:
Option 1. Don't do share issues. Run out of the company's finite cash. Don't reopen mine, go out of business and lose 100% of share equity and everyone loses their investment.
Option 2. Do share issues. Spend cash on reopening the mine. Increase enterprise value faster than equity issue dilutes it. Make everyone lots of money in the long run. Share price goes up.
Option 3. Try option 2 but fail due to bad luck, distractions, or incompetence, or some combination thereof.
... • Pilbara Lithium Project has SIGNIFICANT NEAR-TERM VALUE APPRECIATION at low-cost
Potential to provide a boost to the share price, therefore.
A future of fundraises and dilution and complete wipe out. Cant see why people still buy this share. You can almost guarantee endless issues of shares and consolidations. Going to be 10,000,000,000 share soon. Then the rinse and repeat. Avoid.
From "Reasons to add Alba to your Watchlist" accompanying the video:
... • Pilbara Lithium Project has significant near-term value appreciation at low-cost