George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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Surely phase 1 is complete by now? Would they feel the need to tell us they are onto phase 2 or just sit and wait till April and the finish of phase 3,
Two points of interest for me 1/...........The Company believes there to be other consolidation opportunities in the region. 2/In addition, the Company has entered into an option agreement with PSOFEI, LLC pursuant to which the Company has granted to PSOFEI, LLC options to subscribe for 150,000,000 ordinary shares in the Company at a price of 2.24 pence per ordinary share. The options may be exercised for a period of one year following the later to occur of: (a) completion of the Phase 2 Investment; and (b) readmission of the Company's ordinary shares to trading on AIM following a Reverse Takeover by the Company of PG-M JV (in any of the ways described above). If options are at 2.24 - please note folks within such a short period post readmission- then I would assume that both parties think this is not only highly feasible but also mutually beneficial . For Matra it would guarantee sums coming into company and to PSOFEI a good entry price - obviously with certain conditions being met and first and foremost assuming RTO goes through to stage three . Should have announcement of some kind about phase 1 in January
Interesting to see what is going on at Uen. Rns out yesterday - Alpcot have sold 41m shares . Most strange as supposed first offer at 12 p has already been made for company . Sp falls rather than rises. Also interesting to note that "Hammer" poster making or rather who used to make libelous comments about Mb and Uen has now - as I predicted - stopped. Still think could be a tie in with Matra and Uen if Mb gets elected to board in Egm.
Hi, I'm sorry to but in on your conversation but have you tried alternative therapies, not to replace your medication but to help them. A very good friend of mine has suffered from chronic insomnia for over 10 years and he has tried everything, a few months ago he started hypnotherapy and he is gradually beating it. The doctors and psychologists were stumped after all the medication failed to cure his insomnia and told him that he would have to live with it, in other words they were stumped and not willing to look at other alternatives. Good luck mate.
I'll finish off with a off topic, and for those wanting to follow my illness / disability. I went back to the hospital a couple of weeks ago in London, basically to chat about the failed trial of spinal cord stimulation. It was surprising to hear that my case has been passed onto some new pain management team. Straight away they told me what they wanted to do, and were not going to stop until I had a better quality of life back. No matter what the cost was! So was pleased to hear that. I wasn't pleased to hear that I've been on the wrong medication for almost 3 yrs though, and all these nasty side effects could of been avoided..... That didn't go down to well with me, but again what can I do about it now. Basically I was given pain relief medication because yes I was in pain, but no one failed to spot that my pain was caused by nerves or nerve damage after the very first op I had back in 2009. But there are some really good meds apparently that stop all the nerve damage pain, were has the pain meds try and kill the pain, but don't do it 100% regardless of the doseage, and of course the higher the dose the more extreme are the side effects. So because I've been on pain meds, it's going to take 12 months of slow reduction in pain meds because of the dependancy my body as taken to them, while slowly introducing this new nerve drug. There also requesting I have more MRI scans to see if further operations are an option, if not then it's a 4 week stay in hospital once I have halved my pain meds by 50% and basically while in hospital they teach you how to deal both physical and mentally conditions for the rest of your life. I'm guessing some kind of rehab. So it looks promising, the new meds I'm told have fewer side effects, and hopefully they stop the pain by killing those nerve endings, which in all likelihood is the reason I am like I am. I still have 12 months from now before I fully know if I'm in a better place or not, or whether I still need to reserve my place at Dignitas in Switzerland for assisted suicide!!! Roll on 2015 is all I can say,,and let's fly through 2014 plzzzzzzzzzzzz No animals or children were harmed doing the typing of this message :0
Hey fella, I'm afraid I didn't have any spare cash lying about, so I missed out on the TRP. But it looks like your onto a good thing though! I decided after this week just gone I would have a little shuffle regards my portfolio. I took out FRR, MARL and SOLG. All have great futures but I got sick of waiting for the great news on all three and I decided that the price is / was just to high for any multi bagger short term. Yes it could all back fire, but meh that's the chance ya take. So having dropped those 3 I loaded up on ECR after the price had crashed from 0.70 ish last week to 0.40 ish this week. I didn't manage to find the bottom but 0.46 wasn't to bad. I feel it's got the great potential to multi bag over a couple of years, so that is what I'm going to do. I keep saying I wouldn't keep tabs on my portfolio on a daily basis, but I can't resist though, but defo going to be try and be a bit stronger. I also took a punt with company I mention lower down the board for a grand, and that's another bottom draw. But after reading the feedback from a rns on BNM I think it is from memory, and the rns was released like at 10-50 am you had a chance to act on it before it really took off. Anyways I read some more and how amazing this news was and also it wasn't the great news there also expecting I jumped in blind. I didn't want to miss the boat so to speak, and I used my last £2k and bought in @3.90 at full ask, and then watched it grow something like 30% over the rest of the day. Over the week I almost managed to double my investment when it hit 7.40 ish before just falling back to currently 6.90. But yet again, I think it's worth holding now and after reading up eventually it's got a huge potential based on this rock. So that's it regards me now and my dealings. Obvious MTA is still my retirement when it arrives, but I'm a bit more free now and can afford to leave all my p/f untouched. But thanks again for pointing me in the right direction, and if you do hear of anything else, please let me know and I promise to write it down so I don't forget...... But 200% profit for you currently you must be chuffed to bits. I read on another board on this forum that our friend Rich was involved in a very heated debate, way better than I could manage, and unsure if he got banned or not for it. I haven't seen him around this week either, so it would be pleasing to hear from the old chap!
Do us all a favour and grow up will you. It's pathetic. So what if ultra said he wouldn't post on here until another rns. He was being polite to Mikeygit and thanking him for the advice on trp, no mention of an opinion on mta or anything !!
Suspicious me - paranoid that I am - is also beginning to doubt the veracity of all these amazing deals which our resident sage with memory problems seems to be pulling off . Of course its only me being paranoid . Make up your own minds .
In that the mta sage posted this last Friday on another board - PVR- criticizing a certain Poster for going back on his word and posting having promised not to post .- I suppose one rule for yourself and one for others eh Here we have it folks - PVRR8orbustFri 12:40 285p today? Doesn't look like it. This is what you posted on the 25th October on the LOGP thread. "You are right i will stop posting. Prediction is difficult to do and stupid as you will almost always be incorrect." Enough said. - In your own inimitable words great sage with selective memory problems "enough said ". Now be a good boy and no posts here till Rns . Promise now please
They just repeat themselves over and over again . Who I wonder posted this on the 17th November on this board "but there is nothing to debate at the mo". Too true, that's why this is my last post until the next RNS is issued. "but there is nothing to debate at the mo" Too true. That's why I wont post on here again until we get the next news from MTA. Has there been an Rns chaps.
I followed your advice and had a small punt on TRP last week. Sold today for a 50% gain in 7 days. Sold too early because I could have got another circa 10% and it could continue to rise tomorrow. Still a profit's a profit. Thanks for mentioning it.
well done TRP; Just to forewarn you hit 9P few years ago before falling back down to 3. Maybe different this time.
Should have some kind of announcement in January saying if moving on to next phase or pulling out - from RNS - The closing of the Phase 2 Investment is subject to customary title review and closing conditions. It is anticipated that completion of the Phase 2 Investment will take place on or around 15 January 2014. -
Yes I was aware of Moshen and the money, but considering the default amount the share price didn't really nose dive as first thought. Also the price now is post Moshen. Like I said on first post, it's just something I happen to stumble across and when I checked it out and found the people running this show and there contacts it reminded me when our very own Maxim took over. It's now a share to keep checking daily but indeed placing in the bottom drawer especially at this price and coming back in 2 yrs time to reap any rewards. For me anyways it's worth a punt based on who is on the board and what's been done previously, and I'm defo not going to keep on about it. This is the Matra board and I shall say no more on the subject, well apart from a 2 yr update..... I guess no news is good news re MTA. I mean with nothing else to report on. I'm guessing this deal will be very time consuming and all efforts will be on this deal making and making sure everything is accounted for and whatnot. Still kind of excited just thinking about what sort of price we will open at, and with the current price of 1p it makes the maths very easy. Ideally I would like to see 4p, it gives me back what I am down overall since I started this two yrs ago. That's with companies that have gone under and me losing cash when they have gone under like Game and HMV to name just a couple. Any more than 4p and of course depending if we complete all of the deal would see me turning a profit. I'm still in a few companies with great potential, but at the moment almost all my cash is now tied up, so I could do with one or two great rns to set them flying so I can re invest on the next great thing! Enough from me for the time being peeps.
Used to be Hot Tuna.....Shares in investment company Concha (LON:CHA) took another dive on Friday morning as it confirmed one of its investments, Moshen, has gone into administration. Concha shares lost around a third of their value on 27 August when the company first alerted the market to problems at Moshen, a company that makes the Premier League’s Fantasy Football mobile app. Concha uncovered a significant creditor claim from a material contract that was not disclosed as part of its due diligence before investing in Moshen. The latest bit of bad news, which has prompted another sharp decline in the share price, is that the administrators appointed to Moshen have determined that the security granted to Concha in respect of the £300,000 term loan to Moshen is unenforceable. What this means is that, in the view of the administrators, Concha's loan to Moshen is unsecured. Concha understands that Moshen has no other secured creditors. As one might expect, Concha is taking legal advice on the administrators’ verdict to determine whether it is worthwhile challenging it. Trying to get an accurate price of Concha in early trading is like trying to slide jelly on to floppy rubber spoon; at the time of writing it is down 5.5% at 0.26p, having been as low as 0.19p at one point.
I have never done this before and i do not intend to do it again. But cos I love you all I am going to write about something I have just done. Its up to you of course if you choose to ignore this information, but I am going to say this only once ( Hello Hello ) I have heard on a certain grapevine and also because its my neck of the woods as well, that a little unknown company currently trading on AIM at 0.22 is very very near in releasing some information that will blow it out of the water. Now of course we have heard all this before, so I therefore recommend that you read up on the people behind this little company yourselves. But I will say that the EC started up and sold out a company previously from scratch to £300 million in just 12 months. Also on the board is the brains behind the now £1 Billion company called Betfair ( in which I use daily :( ) Upon research you will also note that the company have the right contacts in this field. It is just something to consider while we are suspended at present in MTA, But some research while twiddling your thumbs waiting can not hurt can it. And whats the worse that can happen..... Exactly you ignore it and then gloat when I tell you in 6 months time I wasted a grand :0 Or maybe just maybe they do go on and sell there shares into a big corporation for £10 a share again........ I guess it would help if I told you the name...... Concha PLC Worth a read of anybodies time...... Sorry for the off topic if offended by my post, just didn't want my friends to miss a trick is all.
I think there one thing we can all agree on, this thing is going to take off when it reopens !!! ;)
if you are registered with ADVFN (free to register), you can access free L2 all this week. Worth a look.
I agree with you, I think we all thought that the large buys a couple of weeks before suspension were related to UEN but I don't think they were either now. They were related to this deal. The deal would have been a complex one to negotiate which would have taken a couple of months in my experience to get over the line and as soon as it was a done deal, someone bought in significantly.
I believe you are right and this share will come good however don't they really try to make life difficult for themselves. LOL
http://www.forbes.com/sites/davidblackmon/2013/08/07/texas-oil-and-gas-numbers-fly-off-the-charts/. Incidentally MB has previously stated that going after both oil and gas - so figures given by rocky are not as inaccurate as some folks here with self inflated opinions of themselves and suffering from "severe lack of prunes in digestion system syndrome " may have you believe . Incidentally Gas reserves very difficult to pin down . Ps I have decided to filter everyone here but myself ,Donald Duck , Trevor McDonald ,and the local green grocer in clapham high street .That way not only do I come across as both pompous and an idiot but also deluded as to my own importance .
"but there is nothing to debate at the mo". Too true, that's why this is my last post until the next RNS is issued. "but there is nothing to debate at the mo" Too true. That's why I wont post on here again until we get the next news from MTA. Has there been an Rns chaps.
boe means barrels of oil equivalent. That means it's a mixture of oil and gas! That is it's circa 7MMbbls of oil (68% oil) out of 10.575MMboe. Didn't intend to post on here again, but you are interchanging barrels of oil and barrels of oil equivalent as though they are the same. rocky2. Filtered.
With hindsight the stream of massive late buys in the week before the UEN rumours came out were more than likely linked to the Texas deal than Uen. Someone knew and bought in advance rather than just prior to news coming out as would have seemed suspect . Obviously there was some buying on eve of announcement but nowhere the same scale and not over such a sustained period . All this of course IMHO.
They just repeat themselves over and over again . Who I wonder posted this on the 17th November on this board "but there is nothing to debate at the mo". Too true, that's why this is my last post until the next RNS is issued. "but there is nothing to debate at the mo" Too true. That's why I wont post on here again until we get the next news from MTA. Has there been an Rns chaps.