George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
I am surprised at the 5% drop today.. no reason for it except profit taking after the last few days of rises.
But I thought the name change would counteract any profit taking - but give it time.
The name change makes this company appear primarily a Lithium miner now in investors eyes and for the next 10 years at least Lithium will be like gold.
5.2 ask??.
I wish I had a bit more to put in right now because in a few short months it will be considerably higher than that.
This is a valuable company hidden from general view and investors looking to get into Lithium will come across Andrada now - they wouldn't have looked at Afritin.
A great move by a great leadership
"The economic potential of these by-product elements are game changing. The construction of a new lithium pilot plant will allow us to progress to commercial production phases much faster than a new greenfield lithium resource elsewhere."
"Uis is host to one of the largest lithium resources globally"
"As a former mining operation, Uis has been extensively drilled but historic assaying has focused solely on the tin with no regard for the lithium or tantalum in the deposit,” said Viljoen.
It makes you wonder just how much lithium is just lying around on site in the **** heaps from the previous operation - there must be thousands of tons just sitting there and no need to dig it up.
The "fair value" of £5.46 is now looking feasible
Calamari, are you invested here?
If so why?
I am because I see the future in renewables and Bushveld being a part of that.
If you are looking for a spike in the sp based on mining Vanadium and you are invested in Bushveld then you need to do more research - most of us here are invested because of the batteries - that is the ONLY reason I am.
There are loads of miners out there that you should look at as an alternative investment to this one if all that you look for is a spike in commodity costs and a corresponding jump in the sp.
Good luck with that one!
Don't worry about the ISA or missing buying in at the 7's this share has a huge amount of upside.
I predicted we should get a 20-25% up lift by May/June on the first of April when it was 8p and here we are at nearly 20% 5 days later!
Just on the Tin alone this is a 3 multiple from this price at some point this year I am sure.
I for one would be sorely disappointed at what I would consider a derisory offer of between 15-20p and bitterly disappointed at a takeover to be honest.
I want to see true value for me and all the other LT holders here and that would be in the £'s not pence
The "fair value" on this has increased from 27p to 31p since the RNS
Sells? at well above the bid price? yeah sure!
At least today they were listed as unknowns
I think you will find that most of the "sells" were in fact buys hence the SP stayed put.
"prove me wrong" LOL!
Why have you revisited the BB of a company you have no intention of investing in?
Is it some sort of narcissistic need to re-read you own beautiful posts?
Or is it to check whether the post had the desired effect on the share price?
I think we know the answer to that - you make it too obvious
Why investigate a company, decide not to invest, then go on the BB for that company and tell everybody why you are not investing?
Why waste your time?
You must know that nobody is in the least bit interested.
Unless, of course, you ARE interested and are trying to affect the price so you can get in lower.
There can be no other explanation.
Well, to be honest, I hope you are successful because I would like a top up and a lower price would suit me to!
Second highest riser on any FTSE market today.
On no news.
This is still way undervalued even just for the Tin.
Lithium and Tantalum have to priced in yet.
Tomorrow should be the same but maybe held back a bit by the profit takers.
Maybe we shouldn't dismiss Simply Wall St's current fair value estimate of £2.49