George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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This don't feel right !!!
Well lots of crap and conspiracy posted again.
1) You can't trust the buy and sell stats. Thats a basic
2) There will be large trades, probably sells that pop up after close and coming days as the MMs delay them
3) It goes down when people sell. That may be people in sub 2p or bots sensing some trigger to sell
4) The current price action bares no link to what is happening at the well head.
All in all its mentally cheap.
There are various metrics to value RMP if they get the 400mill. Most have that somewhere from 35-45p. You can then adjust for more or less.
Current COS is certainly over 50% having started pre drill at 30%
Post wireline with big net play over many zones with porous limestone that goes up to 85-90%?
The last stage is the flow test. They've been flow testing these sands over and over recently across the North Slope and they always flow nicely so that seems like low risk.
So all important wireline results window opens sunday night. If positive then 20p not out of the question
MMs throwing it around like a rag doll
4.9 !!!!!!!!!!!!
Feel robbed at 5.4 top up earlier
cheeky k***s
Shake going on. Hold tight.
Something don’t feel right with this drop
Don’t shoot me down. One code just went through 88e
16:04:19 66,860
16:12:16 66,860
16:12:18 66,860
16:12:19 66,860
16:13:46 66,860
16:13:47 66,860
16:13:48 66,860
16:13:50 66,860
16:13:51 66,860
16:14:53 66,000
667,740 shares all at asking price
Block buyer back again with 9 trades of just over 3k again
that 88e rising into close.....
I'm absolutely confident the wireline result will come Monday or Tuesday. the time line of 10 days includes the casing process, which itself is RNSable, but the test results are material enough to need a separate rns
Been a sea of blue and buying into close
Got to feel sorry for the weak sellers who falling for the oldest trick in the book.
A massive rebound next week is my prediction, RNS said "approximately 10 days"... could come earlier.!!
DYOR and GLA.
Flapping,I'm sure shares are coming from some where,there's possibility of bigger spend here.
Agreed.
As oil plays go, if this "only" hits say 80ft, with a decent flow rate it would support a share price easily over 10p.
So I may regret it, lol, but I see limited downside (maybe 60% and only short term at that, pending flow test), compared to easily 150% upside.
Not Long now for the results from logging.
Next two days no trading so sp is frozen, while testing is carried out.
Next week all eyes on this.
Oil oil and more oil under North slope Alaska
United States of America.
What’s to be nervous about? They are logging multiple pay zones! Yes pay zones!!!
... Don't automatically think the trades printed in blue are buys and those in red are sells, look at the times of the trades.
RMP =Road to making Profits.
One of the oiliest places on the planet.
Sundays night or Monday morning......
Rather take the (moderately low) risk and sell for higher next week.
Would love to see one after hours today but doubtful and think it will be Monday night now as AUS rules may force an announcement on their findings to date.
Those drill bits don’t come cheap
Who's gonna take part in a placing a week before WL results you fool....
Same thing happened last Friday, Come Monday it finished 115% up approx.
Lets see what Sunday night / Monday morning brings.
Nervous investors
The odds here are very much stacked in RMP favour.
Extremely oily place, with neighbours having huge commercial oil finds.
100% perfect hit rate in last 25 wells (I believe)
Onshore in a very safe and conducive environment
Stacked oil play
*Already has oil show indicators*
Has hit all the primary and some secondary target pockets.
Drill bit successfully extracted (I'm counting this as a positive lol)