George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
From the Chairman;
We believe that early 2024 finds Corcel on the verge of a material transformation, with the groundwork for these developments having been meticulously laid over the final six months of 2023.
Are we too assume the transforamtion is a liquated company? What a s!*t show the last two days have been. Is there any cause for hope here?
Dan1605- hope you are right but still have sinking feeling this end. As for "Intriguing" initial results in Western Australia, any average polictican or second rate lawyer could have come up with such a vacuous remark. Again hope to proved wrong on all points soon.
I hope all the postive comments here prove correct but now wondering if I should have sold up at the recent 1.3p
Hopefully not and can any of the wise councel on this board give me their best estimate where price might be if some of the projected news meets expectations?
Having watched this stock for 5 years now it seems certain to me the price will only ever rebound once an income is actually generated not just the prospect of good times to come (however good those prospects now appear to be). Too many promises made and projects never completed so market naturally wary. Good luck all holders.
I have to question why we are near enough back where we were before the news last Friday. Something (the large sales at low prices) does not add up here. I hope the optimists on this board are right and trust me I have plenty of skin in this game but here we are again at near enough rock bottom..............
I think the switch from minerals/batteries to fossil fuels has pretty much sunk this stock. The news abound just now will accelerate all phasing out of fossil fuels and the transition period away from fossil to renewables will be shortened- there now apapers to be real political will at least in EU to tackle this issue. On a wider point this is not the business plan I signed up to and I take no joy in these comments- I am stuck with shares well below the price paid so I am hoping something turns up to save this sinking ship...........