George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
well on the way.............
6.5p this week?......
at about 3-5p all being well. Fingers crossed.
It’s all getting rather exciting isn’t it?!
Massively undervalued with a strong new management team in place.
hmmmmmm something brewing me thinks....... great posts happysparrow, keep it up!
Already posted; but I'm siding with happysparrows opinion that the eneo settlement was done amicably so a renewal or new gas sales agreement can be done for their forthcoming subsidiary.......
https://www.businessincameroon.com/energy/2804-11514-electric-utility-eneo-creates-a-subsidiary-dedicated-to-electricity-generation?utm_source=newsletter_9068&utm_medium=email&utm_campaign=business-in-cameroon-30-04-2021-mag-n-98
Wasn't expecting anything earth shattering for a Q1 update, but a good solid start to the year. Appy enough. Feel there is bigger news in the (gas) pipeline coming in the next few weeks.......West Med sale perhaps?
Me thinks tomorrow given the buys and decent rise so far today.....
agreed!.......... happysparrow is posting some great links and research so please keep it up!
I'm too a long term holder from circa 2008 and have renewed faith and confidence under the new management. So far they have done an excellent job of clearing out the dead wood, tying up loose ends and putting the pieces of the puzzle together.
I've been very fortunate to invest further at these low prices (most around 3p) and hold a decent pot of shares (now in excess of 7 figures, which has bought my long term average down considerably)
With LA108 finally finished, Eneo funds coming (lower amount than expected admittedly but can understand the benefit for the agreed amount) a looming potential West Med sale, Kemekol dispute settlement, Matanda farm out on the horizon and then the real potential of some big power deals within the next 12-18 months, I fully anticipate a share price rerate far higher than my 10p average.
Good luck everyone if you're thinking of 'topping up' - I expect little downside from here.
P.S Q1 update should be this week......
All the best :)
Thanks for posting all the links happysparrow!
I think Aksa will be first to sign up post FID decision with the Etinde partners in late 21 / early 22, Dibamaba & Grenor possibly also in the near to medium term.
Atb appychappy.
Fully expecting Q1 update or / & Eneo resolution RNS update this week or the following given the very recent news article snippet.
The new management seem to be doing a fantastic job of putting the pieces of the puzzle together.
Good news!
No dilution.
Hopefully just enough to tie them over until a large amount of money comes into the coffers from the likes of a West Med sale or ENEO re payments.
Revenue increasing all the time.........
Every little helps!....... oh! It’s not that little......
‘Need operating profits of 10-12million a year.....’
Aska will sort that out.
thanks for the replies & concerns altho I've been an investor since 09..... I know all about the pain and frustration - hanging around to see if the new management can breathe any life into this old dog - I'm optimistic they can........
Aksa interim results posted 20th May for the 3 month period ended 31st March 20:
'Aksa Energy Cameroon was established in the Cameroon on 21 November 21, 2019'
I guess things are slowly progressing in the background.......
Will be interesting to see what our new man has to say in the upcoming results. Despite the dire share price and previous pain and frustration under the previous management, starting to feel eerily confident again..........
9 million market cap = bargain share price
appychappy