George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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"Can somebody in the know find out when he personally started buying"
I don't know when he made the first buy but I have kept a record of previous shareholder holdings when updated on website
For Alex Terry
Nov 2019 20m
Nov 2020 30m
May 2021 37.5m
Dec 2021 45M
June 2022 46.5M
Dec 2022 52.25M
So started buying well before Bushranger purchase and has continued to increase many times each year.
He must be confident of a good conclusion :)
Can somebody in the know find out when he personally started buying in and had to declare a 3% holding , obs the Xtract site doesnt show that , old RNS ? I suppose answered my own question
So it looks like plenty of research was done before that big investment was made. Worth noting that Alex Terry has continued to add for some time now and also during the recent sp fall when some had a "wobble"
The holding was always in round blocks and increasing, so it implies it was a investment and not a market maker imho
Seems like too much of a coincidence Barclays wealth and Alex Terry who works for Barclays Wealth !cant believe Xtract on the radar of an American
Think you are looking at the wrong Alex Terry , Barclays Wealth are a major share holder , guess who Alex Terry works for ?Barclays and has done for 12 years
Chief Investment OfficerChief Investment Officer
IFC - International Finance CorporationIFC - International Finance Corporation
May 2005 - Present · 17 yrs 8 mosMay 2005 - Present · 17 yrs 8 mos
Washington D.C.Washington D.C.
Expertise in formulating global strategies to enhance growth and profitability by strengthening international competitiveness. Leadership in risk management and mobilizing the most appropriate financial resources -equity, quasi-equity, debt, sub-debt- for corporations and projects, from US$10 million to US$ 9.3 billion.
IFC's own account new debt & equity investments in the Petrochem-Fertilizer industry in FY2012-13 was about US$820 mi with another $650 mi mobilized.
Think we went through this some time back, Iceberg mentioned he follows him on twitter?!
https://www.linkedin.com/in/alex-terry-045114123/
So while a lot were selling he was buying.
He is either a HNWI or corporate
Ether way he is obviously confident for a positive conclusion
Alex Terry increases shareholding to 6.1% from 5.3%
52,250,000
1.8M buys
0.1m sells
SP down 1.3%
welcome to Aim !
MMs dont want to let this go... for some reason ......
Hmmm
Kev over on the Roast forum stating CB is keen to buy more shares but is in a closed period (Manica income results?)
I think a decent buy form the BoD in general would really help sentiment here. Forget the ltd edition Mcallen this year and get your hands in your pockets please boys...
https://scotchgalore.com/product/macallan-james-bond-60th-anniversary-release-decade-v-i-d-no-1700-2/?gclid=CjwKCAiAs8acBhA1EiwAgRFdw_vJ2C945eRfPiMfjwpbe2wpadelzyaiinmw_yrAPGZd-D_SZBCfwBoCSt4QAvD_BwE
In fact, sell this by mid 2023 and I will buy thew BoD one each!!
Interesting info howezap. Somehow still feel that unless Ascot is particularly rich in Cu, Au, Ag & (Mo?) we may be heading for a third phase hopefully financed by African income. This will take a while but we could hit a perfect storm with a Cu price that reflects the world's future reality.
I love the current price (as a buyer for future riches) but am getting to the point where I'm over-exposed to XTR and need to rein myself in!
How low can you go? And I don’t mean the share price!
In 2011 Boliden’s Aitik mine had reserves of 710 million tonnes at a grade of 0.25% copper, 0.13g/t gold and 1.6g/t silver. Resources totalled 1.7 billion tonnes at 0.18% copper, 0.11g/t gold and 1.0g/t silver. This has seen, since then the average copper price around the 2.50-3.00USD/Lb. Was far lower when the mine was being developed.
The point is that large, disseminated, copper-gold systems can be profitable at very low grades.
Conversely, narrow, discontinuous, but high grade deposits may require a very high cut-off grade to be economically mined.
That is the misconception the market I believe has, that isn’t helping investor confidence.
Disappointing we are below 2p.. in fact FFS!
What’s the point in the filter? If when a filtered poster does turn up again, you are so inquisitive as to who the well-wisher could be, you unfiltered them and then actually reply to their post.
And then…..you even wait for a witty retort.
Hurry up Thisgoesdownigo so I can decide if I put you back in your ‘pointless’ little green box.
pay dirt ... I had to google that.
Hello Thisgoesdowni’go’ you were right all along! Well done, it has gone down and yet you are still here ;-) so I assume that it is why it is giving you joy??
Bit ironic otherwise
tgdig, good to see you getting in the xmas spirit :)
So much joy this share is bringing me
The shortage will explode it seems just intime for that big deal
https://www.mining.com/web/glencore-shares-fall-as-output-guidance-misses-consensus-estimates/
And all this from EIGHTEENTH OF JANUARY 2022!!
FFS !
Not much of that turned out to be the truth did it ?
new podcast out? Link please ...can't see it on the SR website
A very encouraging Sunday Roast with Uncle Colin.
All ready to serve up to AA by the end of April 23, he just about said this time next year Rodney.
What he actually said he would disappointed if any of us would be here this time next year, near enough.
NO PLACINGS ! We have enough coming in to keep the company in the black
A few phrases he used: TIER ONE, TWO MILLION TONNES, 25 TO 30 YEARS MINE LIFE.
All preceded with the words COULD BE to be clear.
He's making an effort to be factual not vague as he see's that puts BB posters off.
Personally I was hoping for the study to be done before Xmas as that's what CB said a while back, I was surprised that has slipped by at least four months but the question wasn't asked and no explanation was forthcoming.
Overall I'm of the opinion that will work in our favour what the increasing POC, China rapidly coming to "live with covid" and China's growth forecast for next year having just been doubled.
All goes towards making a VIABLE, PROFITABLE, SALEABLE mine.
Demand for copper could well be, at least kickstarted, sooner than later now as China has lifted some of its most severe parts of its zero-covid strategy after the recent protests, which include forcing people into quarantine camps.
>>The sweeping changes indicate China is finally moving away from its zero-Covid policy and looking to "live with the virus" like the rest of the world.<<
BBC news
Not too sure if there is much of a gamble on the POC.....just when, not if ..
imho