George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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I like ‘rapid’ too, and one day, we trust, they must be able to justify saying it.
SJ, are you suggesting Suzy and I have duff equipment, or are we just duff? 😂
Hi Sj...And it was in my inbox but I didn't see it. So, it looks then as if they like it a bit, even after the six months review. Let's see what happens now...rapidly was a word used in the interview.
Sooz, the posts are weird here on my phone, as I’ve only just been able to view Andy’s link post. Up until then I’d only seen the RNS. Hence why you thought I replied to a post you hadn’t yet typed. Lol. It’s all a bit odd this platform sometimes and I only have a smartphone to view it on. But I don’t like the mobile view so keep in on original website view.
Anyway, I agree with the fundraise being optimistic, but yes, different matter if the Appeal had been dispensed with, giving a positive outcome for the Government. This would be less risky and with a world-class asset, rather than pending a yay or nay with a world-class asset.
I was referring to the poo, not the pig, lol, but I’ll take it.
Thanks Sooz.
It's been there since 7am Suzy lol
Eric, how many sheets you lost on this rubbish?
I've only just seen that RNS...must it there earlier?
Commod news
https://www.ft.com/content/fdc45664-ddaf-491d-9f89-a5b7aa95f22b
And the poo's got good qualities.
Pigs are very intelligent.
I'm glad I got another bundle at 0.61p...whether or not it was a great opportunity of course remains to be seen. 😊
Eric...He also confirmed what you suspected that the Vardar 100% wasn't fully completed but it would be, just admin stuff. And they obviously can't do with 4 million what they could have done with 8 million....but he was upbeat about getting investment...we did speculate a while back that the fundraise was a bit optimistic in the circumstances of the Appeal result being an unknown. What is a bit odd is that you just replied to a post I hadn't yet posted.
Morning Eric. I thought he said the cash would be used primarily for the two 2 core projects. And spending less on Vardar by bringing the management in house. If they are spending a little bit it must be because they expect to get something out of it. Have to listen to it again, actually I thought it was good, what Pocko might call a straight bat.
Suzy, yes, it’s changed from the situation Ed was confident of before the fundraiser, Pocko mentioned it as well, as in, the tune has changed from completion of the PFS x 2, to advancement of the projects.
Why we are allocating even 10p to Vardar at the moment and not mothballing it now we have the 100% ownership is subject to debate, but to me it beggars belief and logic.
But you know, I’m as thick as pig poo.
You never know, we might keep Vardar, advance the other two with proven assets, and do it that way.
I won’t be watching that possible scenario unfold though. No way. Lol.
Morning all. A neutral RNS for me. 100% ownership good, how we are going to continue to pay for more exploration into Vardar, it having yet shown us anything of commercial value, bad.
Past caring.
Well, almost.
Thanks Andy.
Chutless....He said the funding would be used primarily to advance the two core assets, Kallak and the GAMP in Finland.
11% of FA is almost FA 😊
It's gone up because Sweden has gone up 17% or whatever on the vardar conclusion. Hardly great news unless they divest it now to pay for kal and Finland.
Does seem strange they would rather spend the limited amount of cash on Vardar which has nothing over 2 PFSs on project that might add value and strangely the SP has gone up 11% on 2 sells ??
Thanks, straight from the horses mouth then. As a result of the low fundraise they won't be able to complete both PFS. However there are other funding options.. JV in either project. Interesting to see how that works. It'd have to be relatively soon too considering both are progressing.
Https://beowulfmining.com/beowulf-mining-plc-company-update-following-capital-raise/
Olly, why are you suddenly hanging about here like a bad fart?
Some lovely little sales going through today. Anyne else thinks this share stinks of rotten cheese?
Thanks for the reminder Suzy