George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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Some folks didn't expect any drilling (or results for that matter) this year - they were wrong!
Market digesting the surprised RNS...imo !
GLA
I’m sure they’ll love him once they get to know him.
They don’t but they will - he’s in the back seat now. And that transformation will exaggerate the coming uplift. Very exciting. I’m keeping my finger off the sell button for many months yet, no matter how much strength that takes.
Market should like:
"These assays have confirmed both the grade and continuity of the Ni mineralization, as well as the presence of higher-grade Ni-PGE bearing Critical Zone lithologies on the project area.
The gold zone discovery is located in lithologies adjacent to and beneath the Ni and PGE mineralized zones."
Not many shares out and about hence big leaps expected.
ATB
I was referring to 2017, like I said look at the share price then.
Wonder where its gonna go today......
Well well well - I wasn't expecting any drilling result nevermind Gold find.....what next !? Recent trades confirms the behind the scene activities. Happy if they share the spoils with us.
GLA lth and newbies
Anything over 8g/tonne becomes very lucrative to mine. This is a sensational and unexpected uplift to the value of Zeb. Let’s see how the market reacts. Maybe 10 years of waiting will eventually pay off. Good luck all very long suffering LTH ers.
Amazing news,
GOLD well I wasn’t expecting that ….
Should hopefully start the momentum to £1000
GLA Holders ;-) the sleeping giant is starting to stir :-)
Someone accumulating hehe !
Funds are needed to continue exploration therefore that will likely have to come from a placing of more shares, maybe at an inflated price
Like
http://www.urumetals.com/investor-relations/share-information/regulatory-news/placing-131-pm-13-feb-2017
Have a look at share around when that happened
What's that mean premium placing?
Premium placing @ 4500p anyone lmfao
That was not my investment, but I was 100% sure that it was coming, as someone has been loading up all this week with late buys after the bell, which then generated 2 price monitoring RNS's each evening. Strange but encouraging
Interesting....
Sleeping giant wanna wake up ::)
FYI
There is a pump coming
Haven’t been able to buy over 3 shares over the last 2 trading days without going NT,
This is only heading in one directing IMO
GLA Holders ;-)
It would be investable if he did and sacked this lot in charge
if Elon can drop billions on twitter stock im sure he can spare a few million here....
Ballio
“The Company looks forward to reporting the outstanding results from this phase of the drilling program, as well as commencing with the next phase of drilling. This next phase should allow for the declaration of a maiden Ni-PGE resource statement on this higher-grade Ni-PGE mineralization target and allow for a new PEA with improved project economics.”
Guess this is the plan going forward, see you all this time next year. One thing though do ZBNI still have enough funds or will they have to raise for this? Sorry I’m been lazy and can’t be bothered to look.
AROK, I agree, ZBNI is also having sporadic volume days, which looks suspiciously like buyers trying to load up via stealth. Value will out at some stage, just needs a sniff of a car manufacturer or neighbour getting interested and this will shoot upwards fast.
There are more trades than usual, >2, and not your customary single or no daily trades - something afoot, imo.
ATB
The sleeping giant will wake one day, just hope we live long enough to see it lol ;-)
From my post 12/08/21 (1/3)
Potential dilution at 85p
235,294 + 423,530 + 423,530 + 470,588 = 1,552,942 raising £1,320,000 but causing (current issued 1,646,691) 94.3% dilution.
Seems (?) the 235,924 subscription warrants have expired unexercised as have the 470,588 director fee warrants as of Nov 2021 (18 month expiry).
Today is (?) the date (currently at least (could be changed again)) the note matures according to the 20/09/21 rns (“extend/ amend” aka bring forward), not confirmed in interims @ end of note 9 (still 31/05/21) – which correct? – should find out soon.
Assuming 5day vwap approx. £2.10 conv price (x 0.65) would be £1.365 this would modify the two 423,530 figures in above sum to c. 280,000 (381,000 / 1.365 = 279,121).
Seemingly today’s equivalent sum to above would be – potential dilution at 85p
0 (expired unexercised) + 0 (conv@ c.£1.365) + c.280,000 + 0 (expired unexercised) = c.280k
Add to this the amount in the 12/08/21 category…
…(A) Any none converted boothbay convertables (2) issued via conversion after 29/08/21 – after this 35% discount to vwap clauses kick in.
As calculated above as c.280,000 at c.£1.365
The £579,000 (950k CAD) loan (interims (n14) – “As at 30 September 2021, the Company owed USD $746,000 to” JZ), the below outstanding salary & unknown salary due since (interims $627,000) are the remaining known unknowns it seems.
(B) Alegana’s owed £263,111 (presumably plus any directors fees accrued since 06/05/20).
Slowly over time the apparent dilution at or ‘close’ to 85p seems to be gradually reducing – previous potential dilution at 85p was 1,552,942 (94.3 dilution) now being 280,000 (17% dilution @ 85p) or (including ‘known close to’ ((280,000 x 0.85) + (280,000 x 1.365)) / 560,000 = 564,200 / 560,000 = 560,000 at weighted av sp of £1.0075 (34% dilution) and that includes not only (1) to (4) inclusive (from previous post - 12/08/21 (1/3)) but also (A) too.
From 94.3% at 85p then, to c.34% at c, £1.01 now = improvement in my eyes.
Very interesting recently reported intercepts – bodes well, imo, comparisons to previous rns’ over the years also v interesting, imo, outstanding holes & ML much anticipated.
Been busy recently so could easily be wrong / out of date with above.
AIMO ATB
Am I the only person who thinks the latest drilling results were blindingly good? I’ve been following this from the sidelines for years and been thoroughly unimpressed with the yawn-inducing progress and the lack of professionalism. But this genuinely seems to have turned itself around in my opinion, and the fundamentals seem astonishingly positive to me. The only times I’ve felt this way previously with other stocks have ended up being at the foothills of an upward bend of a hockey stick, leading to monumental gains. It’s so bleeding obvious. Anyway, end of rant. I’ve now got a lot of skin in this game, and I know I’d regret being out of this one infinitely more than losing it all… which simply isn’t going to happen, because the world is desperate for these deposits!! If they can’t get the stuff out the ground soon, someone else jolly well will!