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 stand corrected !!
Irish demon...no need to be rude. The thread discussion had moved to Luansobe to which the plan and cash flow comments were addressed. The drought reference should also have made it clear the discussion was about Zambia
Collin confirmed what I posted earlier that having a presence of Lithium in a large area is good news. This is what is required at this stage.
Shafted themselves by having Jeremy Hawke anywhere near the project. He had 'form' previously !!
On the contrary, I have a decent holding in JLP based on my belief in Leon and not Bird, who used JLP to shaft shareholders in BMR
³CB you started
"The fact is that for all the sceptic bashing that goes on here, Bird remains to this day, a one trick pony, kiwara 15 years ago"
I guess you forgot about JLP! CB didn't sell the company but he certainly set it up and built it along with Leon Coetzer.
Don't be so daft. There has not yet been any Resource drilling ( as opposed to exploration drilling), no JORC(2012) declaration, no mining licence application etc. Then you do the mine design and worry about cashflow.
Anyway, it will never happen under CB's jurisdiction. It will be sold. Chinese anyone ?
Yes we have not seen any plans or cash flow for the mining stage yet. Also, will the drought affect the issuing of mining licenses?
Sumoskier I agree but Bird move to mining, hmmmm I am sure he will have the Black & Decker out again first.
As soon as the license comes through they should move to start mining at Luansobe. That’ll move the SP and maybe any background bids?
Cyberichas has called it right. Luansobe and Shinganda are each worth multiples of the existing market cap. Copper is at $4.10 and going north. If CB does not do this -someone will do it for him. Time to realise where this is going to end !!
Of course you didn't. ZZZzzzzzzzzz
Who said it was on the basis on that modest RNS ? I didn't. Wakey wakey !!
For luansobe alone sub 1p is a total bargain so I’ve added a few more.
Feel free to share lithium examples though, unless there aren’t any!
Oh no not another one supposedly in the know.
Not happy at all Analytical with my investment but it does make it a bit sweeter after all the bashing and pile ons of anyone that dares to question what is going on here, or mostly not going on :-/
The fact is that for all the sceptic bashing that goes on here, Bird remains to this day, a one trick pony, kiwara 15 years ago.
Since then he has probably spent more shareholders' money than the value of Kiwara chasing the next Eldorado with the only tangible realisation so far being XTR's Manica although that barely wiped its face.
But you question my investment skills, Irish, when you supposedly have just sunk £10k in based on that modest RNS.
Cannot say as I would be breaking the rules but watch for the trade to print very shortly ! Follow or ignore. That is your decision !!
Oh dear.
Yep this is going to be sold in no time lol.
Back below a penny as advertised.
Waits for the Bird meanderings with the Sunday Roast guys.
Fair play Irish - I don’t you much about lithium mining so I’m interested in why you like these results , honest question, eg similar situations previously- same to Ana whereby such results precursor to significant deposits elsewhere , any examples ? Interested to learn more
Just bought 1M at 1p. Not showing yet !!
Less than 1p to buy now so those that love these results have a great opportunity!
There is a huge area where Lithium is present and that would suggest that within that area and/or at more depth there is better grades. We have done 10 shallow drills and have found Lithium in everyone, this is good news and actually what I was expecting. Anyone who though we were going to have data to show we could start digging for Lithium tomorrow is a bit naive
Well the market doesn't seem that impressed today
Analytical...given these results do you still expect this to be sold by end of Q2? Does the unusual discordant nature make it more uncertain commercial ity wise and therefore may delay a sale until the further exploration drill phase is completed?
Pathetic. Go and do some proper research.