George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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Haha have the trolls now decended to question about Paul's health?
It's funny to read how desperate people are to troll a company.
Get a life....
Regarding PG's health, prior to his presentation I saw him in the hotel foyer moving across it at some pace, it didn't strike me as a man about to slow down any time soon.
Ironically PG retiring would likely see a wider management team brought in and the speed of realisation improve ad management bandwidth does.
However, he is well connected locally as is Lonny and that as GRH suggests is a relationship to carefully manage. There are though plenty of potential candidiates waiting for VR or packages at Majors who could come in and do the work as would Schlumberger for a fee so the health of Paul is not really anything to speculate on and to do so is rather unedifying.
The BoD is in touch with large shareholders who have experience in the industry also and there is a circle that know the company very well.
Speed of delivery might be a concern for me (which I hope in April/May will prove to be historic) but the health of management isn't so much of one execpt as to wish them well.
Hi Colon, just to clarify, do you own a camel called Trumpet?
Bob can do the fruit and veg and I'm rather good with a camel, if you don't mind me blowing my own trumpet!
Av
This is a pretty crap share to trade. Spread is wide, it spends longs periods doing nothing.
33 posts in 30 days all on prd.
Everyday logging in just to talk down a company you don't believe in. No hobbies?
Oh yea, oh yea, oh yea!
We should all pay heed to the self proclaimed voice of (FUD) reason, AKA Porters
Trouble is, if you do, then you'd both be WRONG!
Enjoy the weekend
With all your experience keith how come you still dont have calculator that can give the correct answer to ...75/657?
Saying that if you were doing the rns's with your often wide of the mark speculation they would be whole different level of excitement to PG.
Keith,
I have, nor want any friends on this forum.
I am a historical disillusioned investor who now prefers to trade this and other shares as and when I see fit.
I am too long in the tooth to align myself with investors not unlike yourself who potentially cost naive newbies money they can ill afford to lose.
Let's be very honest here this penny share has potentially big upsides and potentially huge down sides. It is a fifty- fifty bet in real terms and no way a certainty either way no matter how much lipstick you apply to it each and every day.
Paul is of an age where things can change in an instant. That is not defamation of character, just a genuine reason for hesitancy and caution in investing large sums of cash in the long term. Especially for me.
Short term I see opportunity and will exploit that when the timings are right for my risk/ reward profile. Does that make YOU a better or worse person?
It's all subjective...
My suggestions for succession planning highlight an interesting point. The people mentioned (plus many others I know of) are all readily identifiable public figures, have large shareholdings in PRD, and have lifetimes of relevant experience including working at director level in large (and very large) companies.
On the other hand, there is the little group of friends who appear at the same time to bolster each other's negative views. They are of course anonymous, never present any real knowledge of the industry or management experience, and are presumably not shareholders - indeed one even claims to be both a long-term shareholder and to have recently started buying.
Who should I believe? Such a difficult choice.
He said if you don’t like it go and invest elsewhere.
Toodle-pip!!
In the event of Paul's untimely demise, Caterham7 will do the subsurface, Cube will do the finance, GRH will do the negotiations, and I will write the RNSs and do the presentations. Payment in shares.
Yes he gave a reason by referring to the 5th February rns but was careful not to commit to a timeline on camera
Oh Porters didn’t you listen to Paul’s reply to your email in the presentation 🙈
Pretty sure the reason for mou-5 not be present in the presentation was explained during the presentation....also pretty sure prd is not aim, penny yes, but not aim..
Dyor
Aswell as all the confusion as to who is next in li e for sv101. Mou5 missing from the latest presentation timeline suggest to me no time frame is fixed.
Fair enough question if you ask this of all your invested companies. So would you ask it of Boeing or Virgin and what do you know of there ability to manage in these situations. Personally i reckon Lonnie would take over now as to his qualities i could not tell you nor do i know who would take over if Lonnie were to die of shock on hearing the news that PG had passed away. Get real this is a penny AIMS stock not a Blue Chip AAA Ftse 100 company. If you do not like do not invest.
Too too funny, "Howarda Hanging", your time would be much better spent improving your proficiency in English or at least before you troll post, running your text through error correction software. That way, you might have a grain of credibility regarding your worries for our near bionic Paul's health !!! 4 Troll posts out of 4. Bin, Bin, Bin !!! GLA, DONALB, a engineer :-)
Thank you everyone for your comments regarding potential plan b if sandjet didn't work. Especially thanks Keith for detail of reply.
My only other point was not necessarily a pleasant question. What happens if Paul is unable to continue due to age or ill health. I'm not sure if procedures are in place to ensure continuity. If anyone has any comments on this it would be appreciated.
My take for what it's worth. Patience is required. If a raise is required so be it. It seems to me unlikely no gas will flow as there are many horizons. Keith to me suggests it is reasonable to be optimistic.
As earlier mentioned I do question company continuity in the event of Paul being unwell etc and I hope someone may know something on this.
To everyone look the positive people on here may be wrong and the more sceptical correct. Everyone must make their own decision and not decry others who come to a different decision.
My decision is hold these shares!!!