George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Much longer they are in a dire situation and it’s all there own doing , the corruption and crazy dealings are finally coming home to roost it’s just a waiting game now , I’ve got my position so not really interested in small daily fluctuations in the price , it’s sh@t or bust for me . There is a lot of green boxes today so guessing the usual clowns are out in force , not sure why people engage with them but each to there own , I’ll no doubt see green boxes after this as they reply to someone who can see what there saying , that says it all , idiots
Reading that really puts me at a loss as to why we are still under 10p, there will of been months of work and negotiations gone in to that contract, do people really believe they would of gone through the trouble ,time and expense if they didn’t believe they would get permission
Don’t no what you’ve got against searcher he spends an amazing amount of his free time mostly over weekends and only ever posts facts that can be checked. He’s one of the most respected posters on here , GPback just come back after a while away but is respected also,
I except that and took that into consideration but as stated in posts today someone has bought over 3 million shares in a day and it’s been going on for weeks , even with recent news that’s not normal , I’ve seen companies asked to explain for a lot less. It’s got to be a positive either way so I’m not complaining,
Couple of things occurred to me about the recent huge holdings being built , firstly why hasn’t the nomad or aim suspended gcm to ask do they know the reason for the price rise and massive trading increase, makes me wonder do the nomads know who is buying and are happy about it.
Also the buyer has really stepped up his effort with more buys going through, does this signal that he knows he is running out of time before news breaks or has he now told someone els , family or friends maybee and they have joined him in the buying, whoever it is , no one spends that much on a punt , I’d be very surprised if we don’t get news before the end of the month
I think your estimations are well of , As much as I don’t like Tang he is a very good businessman , GCM are the sole owners to the mining rights to 200 Billion dollars worth of coal, without there say so there is no mine , Tang would never let this go for such a small percentage. 200 million would be no were near enough , I don’t think it will be to long till we find out Bangladesh will have to do something soon .
It’s just a thought , could it be someone transferring shares from company to themselves, like Tang Maybee selling polo shareholders shares from the company back to himself , privately . Or someone bolstering there own position to prevent or pull off a take over, whoever they are they are accumulating a huge amount of shares and are showing no signs of slowing down , I just wish I new there intentions and wether they are friend or foe, someone is getting ready for something I really hope it benefits the long time shareholders.
Another great find searcher , thanks. It seems inevitable now that they will use own coal sooner rather than later we will just have to wait and see in which way the deal is structured. A three way partnership with the Bangladesh gov and power China would probably be my preferred choice sorting out approval and funding in one go. Exciting times ahead for sure.
Really good idea actually and so simple to do, most of them are children who seek attention. It’s so more peaceful just to see there green boxes, if everyone blocked them they would soon get bored and move on , they add zero to the bb after all.
(A) Dr. Mushfiqur: It needs the government to be an active partner in implementing national projects. Only then can it be done.
I’ve long thought bringing the gov on board is a must , they can give approval and save face
Excellent work , thanks very much for your efforts it’s much appreciated by all genuine holders , one thing that has struck me with ALL the positive articles is, no one is coming up with any sort of plan B. There is no environmentalists saying we should not be using coal. At last I think the penny has dropped and the realise digging own coal is there ONLY option, so long as we can get the gov on board as a partner this is looking more and more nailed on.
Seeing a lot of green boxes this morning , looks like people are getting desperate to get a low entry , if there is any justice in the world we will get a intra day rns and these fools will not get in at all . I’ve been in gcm for years and when it moves it moves very quickly. The mm’s will make it virtually impossible to buy at these prices.
Guys why do you give this child what he craves Attention, I have no idea what he’s saying because I’ve blocked him, but I no he openly admits he is trying to lower the so so he can buy in cheaper , he no’s what he’s saying makes no sense but you might as well bang your head against a wall than try to reason with him. He’s a moron , he’ll probably reply to this even though alls I see is a green box