George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Here’s the ad
https://uk.linkedin.com/jobs/view/digital-demand-generation-manager-at-bidstack-group-plc-2393382965
Hi Saint Tropez
Do you know the timerline order and approx expected dates for the items you listed?
Multiple Target results due through Q1 & Q2 including
> Larwood Target
> Update on further Assay results
> Barns & White Tank updates
> Further details on Recent strike extension.
> News on the latest drill programme.
> stage 2 Road map
> Update on the JV
> further details on additional 22 Targets
> Update on the Australian Government funding for the exploration of the 4 IOGC Targets
Irene, if you shorted then looks like the wrong decision. It has indeed already bounced back.
Been watching this company for over a year now waiting for the right time to jump in, having missed the March Covid pricing levels. We're now where we were back in April. Have taken 500 at 1384. This will bounce back in quite a short time period IMO.
Mont. I agree 100% that this rns was probably more for interested bidders than it was for investors.
Multiple parties will have put in offers subject to satisfactory conclusion of due diligence and other conditions. Once due diligence has completed parties will / should be in a position to confirm their offers on an unconditional basis.
Parties have had sufficient time to conclude DD. This RNS is designed to give them a kick and encourage unconditional offers IMO. This will / should happen very soon.
Dissection of RNS:
1. “Eua pleased to announce the update”
2. “have to date received non-binding offers in respect of both a possible acquisition of the Company as well as other transaction structures.”
3. “Several parties and structures”
4. “More recent delays due to holidays” = they are close to the final agreement
5. “Discussions proceeding to final BINDING PROPOSALS”
All very very very positive IMO
Just a matter of a SHORT time for the conclusion of this sale
Guessing someone in the company has leaked something about the results ahead of publication to allow mopping up at these low levels. It's all boding well for a re-rate.