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.
Because the market clearly doesn’t care what’s been “achieved” - reason: Andrew Bell. “Achievements” mean nothing with him there. Fluff and more fluff. And the timeline you’re saying now you said 6+ months ago. Cool aid.
Juno Minerals Ltd lists shortly - largely down to AB
RRAL is on with its IPO probably early June. RRAL as an JV with licenses didn't exist a year ago
The Migori license resissued.
Further work on Luanshimba.
Elephant Oil listing likely (though not much to do with AB)
POW holding worth a multiple of what it was worth a year ago.
But you are right nothing done.
Should more have been done, yes.
Why not give the company credit for what has been acheived?
Thanks
https://www.mining.com/copper-price-steadies-as-china-imports-rise-on-strong-demand/
I’m Sure of rambling tweets, useless interviews and zero SP movement whilst Bell remains in charge. Another year passes...and he’s achieved nothing tangible expect 100% more share in issue. What a joke, don’t know how many more times I have to say it - the great value of this company will never be recognised with this CEO. Weeks turn into months, just false promises again and again.
Zumore this is the problem with the man, basically no shame. I have only spoken with him once around the time of Greenland so I can only judge him by his actions. He once told me he had reduced his salary to help with our cash flow. I thought that was a good deed only to find the next year he paid himself his full salary PLUS the amount he had lost the year before. He in effect kidded me that he was trying to help shareholders .
Last post taken from Power metals February's warrant update RNS:. https://www.lse.co.uk/rns/POW/warrant-update-extension-of-insider-warrants-0rqsionf5cw6jk3.html
Above RNS says Red Rock will also be exercising their 20 million 1p warrants (cost £200,000) by 18 May.
Robins, by 18 May 2021 Andrew Bell will be exercising his 10 million 1p POW warrants. So he's willing to use £100,000 of his own money for that.
They each get £3,600 in free shares. Then if they buy £1,800 in RRR shares they get another £3,600 in free shares. So to get £9,000 in RRR shares it will cost Andrew Bell £1,800.
I always say personal shame (not free shares) should be Andrew's incentive because under Andrew's guidance this company's share price is many multiples smaller than it once was.
And I looked yesterday at how many shares AB has in POW so he is not short of a penny or two and so getting more shares here basically at the expense of long suffering shareholders just seems wrong. I know I could not do any better than AB but I bet there are others that could performance wise.
All in favour of incentivising employees but the board should be motivated by their salary alone and yes if they achieve something special give them a one off bonus afterwards. AB has been giving himself cheap shares for years and in that time the share price has gone down by around 90% according to the value of my rrr share account. Rinse and repeat with AB. Oh and the only reason I have not sold is because he just might do something with help from PJ.
Yes I admit I was wrong, perhaps free shares 'may' be offered but the rest are options in reality. Nevertheless how do you keep good employees onboard if you don't dangle 'carats' in front of them?
If you don't like it you can always get out robins. Note the use of the word incentivise not 'free' and they are options anyway.
BOD have no shame. Does anyone think they have ever deserved free / cheap shares. Their performance has never warranted free shares in my opinion.
I watched the YouTube video and I can’t help thinking I with his was rrr’s ceo. If he was I think more people would be interested in investing in the company
https://twitter.com/andrew_neal7/status/1381261805641723906?s=19
Strange comment. But in numerous interviews Paul Johnson always looks like he really struggles to breathe through his nose. So in his next Q&A somebody please ask him if in his nose he has a deviated septum.
Alternatively he may have upset an investor over the years, who punched him on his nose, damaged it, now he can only breathe through his mouth.
Still not told me which project?
".....laterite ores require extensive and complex treatment to extract nickel, ....."
Nonsense. NPI using RKEF is a simple and straight forward process and one which dominates the nickel space. HPAL is used to produce class 1 nickel from laterite and that expensive and difficult but the majority of nickel, over 70%, goes into making stainless steel and the iron in NPI is a credit not an impurity. You need to do a little bit more Googling.
TDT
https://users.monash.edu.au/~gmudd/files/2009-CMS-01-Nickel-Sulf-v-Lat.pdf
"The major reason for this is the difficulty of processing nickel laterites compared to sulfides – laterite ores require extensive and complex treatment to extract nickel, and has historically been more expensive than sulfide ores."
"The mining, processing and smelting of sulfide ores follows conventional pyrometallurgical technology and is well understood and implemented"
Reading always helps, you should try it.
DYOR
So go on then, which project were you referring to earlier?
Good try with the gas-lighting though.
"In summary, Nickel Sulphides are better than Nickel Laterites."
Hilarious Heplful. Did you figure that out all by yourself?
".....with you following me around for a number years...."
I think you must have a bit of a Napoleon complex there Helpful. I simply find the amount of time you spend pushing a dog share given all of your supposed knowledge and experience a hoot.
And you suck this up "Further he is suggesting that it is mathematically unlikely that on the first drill they just happen to hit the best spot....." There's one born every minute and for this particular minute Helpful you're the one.
Comedy gold.
TDT
PPS purely for comparative purposes, what is this other project you are aware of?
https://twitter.com/StirlingBridgeR/status/1380444310030663680?s=20