George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Does anyone know the likely profit margin that will acrue to Sol from Alpala?
If for instance it was fifty per cent of the NSR then Franco's acquisition of one per cent of Sol for 100 million dollars would mean that 1 per cent of Alpala's profits would be worth 50 million dollars.
With approximately 2 billion shares in issue does this mean that they are valuing Alpala as being worth approximately £2.50 per share?
All constructive criticisms of the above welcome including my maths.
Thanking you in advance for your help.
Additionally incredibly boring and suffering from the ludicrous delusion that his malapropisms are in some way funny.
Nickel. Don't think the placing and ri are likely to be in 1st qtr.Scheme will not be completed until 17/3 and the original rns stated that the whole series of transactions was not due to be completed until 3rd qtr.
My bet would be after theAGM.
I think the annual results are due on 5th March not the 8th.
Thanks ARCM. That puts the current virus outbreak into perspective for the time being at least.
ARCMH Is that 56000 UK deaths or worldwide?
Thanks to lucky lady and jds.
Andy
Hi lucky lady
Any chance you could repost those website details in a form that I can open please?
The creditors meeting is I think on 12th Feb.
Interesting TarthD.
Looks like they are capable of making huge fines - certainly large enough to hurt our shorter. A big issue will be how speedy their actions are.
It would be great (but probably unlikely) if their decision was made public before PMO's final Court hearing to approve the scheme of arrangement.
Thanks lucky lady!