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.
Bigwell can’t answer why the BOD have no cash or investment. Because he knows it’s True and he does not like Facts ,head in the sand he has been taken in hook line and sinker 😀😀😀
Exactly, how come no one bid for them when interest rates were zero in a risk on market. If anyone is interested, they will just play the waiting game imo Buy for cents in the € from Receivers.
Even if an interested developer ever emerged, demonstrating the necessary skill set plus sufficient finantcial backing; why would they not bypass Minoan.
In fact they would give MIN a very wide berth given MIN's total lack achievement over two decades.
As ever, In all negotiations, money talks.
Minoan have none and accordingly have no voice.
As NYB suggests, the backdrop for any possible move forward in the project is pretty brutal and worsening.
I would not be inclined to invest, even if Minoan's shares halved yet again.
Bigwell as usual head in the sand BOD got No Cash ,No Investment but loads of Debt Facts 😀😀😀😀😀😀😀
None of us!
You sound paranoid bigwil one of us are joined at the hip, sorry to disappoint you. We don’t need to own shares in a stock that has lost a staggering 99%+ since float but we have a right to question the management and hold them to account it’s a free Country the last time I checked. Go back to rearranging deckchairs on the Titanic. Please enlighten us when sources close to the Company are hearing positive vibes, it’s put up or shut up time!
its you that is spouting nonsense ny-boy. especially so, as you with your aliases lukehere and charles2, don't own any shares. join ****nal (who also doesn't hold any shares)in a pointless exercise.
It’s constant nonsense, year after year, huge dilution already, those stuck in high are still trying to convince themselves they will see a return, anyone over 10p forget it, some gamblers having a go since 1p down to 0.65 are also trying to convince themselves they will make a return too. The Monastery are playing a fab hand. Another sunset over a beautiful unspoilt area that a decent No of tourists head up in the summer on a day trip to visit the fab winery and Olive oil shop. Just locals going about their business now with a few autumn hill walkers enjoying the autumnal flora.
It’s all Greek to me, make sure outsiders know how to negotiate with the locals, they are a fierce bunch, what happened to the ex Greek politician (some might say with a questionable past from what I read online) hewas supposed to be on the payroll to help facilitate? What exactly has he done, information is very scant and somewhat ambiguous imo
The portents for the sealing of any deal are ambiguous at best.
Bishop Filotheus of Siteia went on record as saying, "The plan for the development of Cavo Sidero will only be enforced over my dead body".
For Minoan to claim that they could proceed with only a part paid option on the land is clearly invalid, as
they have proven totally incapable of achieving any worthwhile progress in over two decades..
Just how low will the SP have to fall before the optimists acknowledge the overwhelming bearish factors ?
0.25p ??
Bigwell environmental studies you really do get convinced by this utter nonsense,the reality is that the business has aNo cash ,No investment but plenty of debt ,so it doesn’t make any difference about your pie in the sky studies they can’t do anything with the undeveloped barren land ,you keep believing it 😀😀😀😀😃😃 the BOD have definitely got you thank goodness they have not or have ever had any money of mine to keep
A loaded question - what's that got to do with the environmental study?
Bigwil, can explain the share drop from 85p to 0.65p over the last decade?
what the last two messages of utter drivel have got to do with comments on the environmental studies i do not know, its as though the record has got stuck in a groove especially with the ****nal, well and truly head stuck in the sand comment living in the past remark!
the environmental studies are required as part of the final planning process.
I very nice decade + of comfy salaries and bonuses into retirement, prize goes to how long as an you string out a piece of mountainous scrubland, for goat grazing. Plenty of mug shareholders bought into the dream though and have now become extremely bitter.
The BOD have been kidding investors for decades ,they have No Cash and No Investment and they are Facts ,they do have loads of Debt though
“ Alongside this, the team is moving forward with the environmental studies required as part of the final planning process.”
Wtf is this?
I thought they’d already fooled around for over 10 years on environment studies , spending X zillion of shareholders money
1 million in sells today all at 0.65p, still CE are told is in Greece🤓🇬🇷
Not Long will it be .75p of .50p ? Probably the latter
One million shares available to buy at 0.65p
Just how long will it be before the spread is adjusted downwards in order to reflect reality.
0.66p to buy in size this morning.
Is Minoan about to deflate any remaining bullish sentiment ?
Investor clearly don’t believe the Company will deliver anything meaningful hence, constant selling and the odd bit of buying., the sp has dropped away from 1p to 0.6p The bigger picture, growth forecasts for UK and most of Europe will be virtually zero for the next 12/24 months. Interest rates will remain elevated for another 6 months. The economic climate for this project to start looks challenging any buyers, operators financiers will be looking for a very good deal. Shareholders will likely get any money back through more dilution to kick the can down the road until Spring ‘24 dyor as usual
Although someone bought 500k+ today , the offer has since dropped even further.
****nal 17, you’re 0.5p target …market participants look like they agree.
amazing how these potless aim stocks are allowed to carry on the charade year after year, someone turn the lights off before more mug gamblers lose their shirts! definitely one to carry out extensive and forensic due diligence
You maybe right, only solid news will stem the downside slide. It’s up to the BOD to deliver without extended promises. This is a very difficult market to do business, especially if you need funding, high interest rates, values down valuing sites/projects. The market is suggesting..”we don’t believe you will deliver anything meaningful anytime soon, so they have to prove the market wrong.
Is this heading to 0.50p in the coming weeks ?