George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Foxy: my love pixie of delicate deliciousness: ah yes, I’ve just remembered how hung up you get on timings.
Just relax. It will happen when it happens. Covid…Africa…things take time. Your million share ISA is looking better than at any point in the past decade.
I wonder who they’re selling to
All positive, but not sure it will really touch the sides in terms of revenue. I would also wager that going forward double vaccines will often be sufficient (I appreciate that it’s explicitly not enough for this festival)
"Hope it comes good." AH2021 yesterday...clearly that was a lie.
Not sure, I suspect you’ve lost a lot less than I’m underwater here….but it was clearly enough to make you bitter and angry at the company.
You may have only lost a little, and you’ve just massively overreacted. I really don’t know.
You can buy back in where you sold at a huge loss then. Fingers crossed for you.
Can’t blame you Max. My only concern is time. If you can hold for at least 6 months then I really struggle to see how you can lose on this. It’s just impossible to call how long until market catches up though….I fear it may not respond until we actually see the money rolling in from the new contracts. But that’s fine by me, may put off a few traders.
Currently the price simply doesn’t reflect the long term contracts that are now signed.
Foxy: my lovely pixie of deliciousness…you have 1m shared in you ISA…how does that not make you a “bull”??
Yes Bamb, cynicism is a good word. Less accurate than bitter little troll, but nicer I suppose.
H&N: don’t mention 50%…Aiming is already upset enough about his 30% loss, you can’t mention the 50% upside that he’s missed out on since selling.
What about the £234m of the senior secured bond? Those bond holders
The £27m will be paid off before the negotiations have been finalised
So the best approach for the company is to find a way for SoA2 to pass without bond holders….putting equity in for the creditors would be neat, but I can’t see the FCA buying it as it’s way too complicated for the creditors to understand.
Bond holders rarely want to own equity. Many aren’t allowed. Plus, what’s in it for them? Currently they’re looking good to get all their money back in insolvency. So best approach would be to pull the plug and take the cash back.
In the metaphor WSG is not the duck! Really guys this is not that complicated.
Aiming: yes that’s usually how that metaphor works. The ducks line up. You shoot them.
Nearly back at your buy in price. If you hadn’t panicked you could have been out at a profit.
All the best.
3P: you missed a pun opportunity there "Fowl up"....i'm a little disappointed in you
2 things that can be said about WSG...it doesn't leak (insert your own boat joke here) and they do a great job of the on-the-ground work (demonstrated by contract extensions and statements from partners). So once the contracts are won i think the risks are massively reduced.
I still find it astounding that we're sub 6p with the rr contracts we now have. I have total faith that the price will rise (hoping that the ratification will be a catalyst, and maybe starting operations will be another), but i think that it's not going to be overvalued for many years as the market remembers the last 10 years
little confused as to why it says that the position on previous notification was 6.24% and now 6.259% - what threshold do they think they've crossed? plus last time we were notified it was 5.412%....got to love it when regulatory filings are wrong
Love that a new non exec RNS has moved the SP more than a 10 year MSC!
Aim: surprised you're interested in AGM...given that you "Can see this disappearing into oblivion by the end of the year. It’s criminal how they get away with it imo"
Stockholm syendrome...do yourself a favour...let it go, you made a loss, you need to move on, plenty more fish in the sea n all
McD: thanks, that was surprisingly easy
shame i can't be there live, but at least i can have a beer whilst watching ;-)