George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Huge rise and volume in Australia last night, no impact here. Anyone know why the disconnect ?
They must make some sort of statement this now done 100% in a week, something a foot. Cannot pretend there is no news for much longer.
Interesting article in the "Guardian" about Scottish Power putting a hydrogen plant into Felixstowe port. ITM mentioned in relation to the pilot at a Glasgow windfarm. Wonder who contracts will be let with for this development ?
https://www.theguardian.com/environment/2022/aug/08/scottishpower-build-150m-green-hydrogen-plant-port-felixstowe
Hate share consolidations have been in two of these both ended up turning my investment into pennies. Once the price falls the few shares left seem to become worthless quicker. Any notice of
doing this and I will be out.
Market cap now around value of the cash they said they need to raise to keep going, this is getting ridiculous. How much can this go down ? There are some big investors with stakes including Eric Sprott but the silence is deafening, whats going on I would not see these type of people just walking off. They were producing gold before this happened so there must be some value in the assets
Q: It's obvious relations with Newcrest over the market
price for the additional 5% they want are not good. Does Shaun expect to repair them to work together to achieve production or have they broken down too far now.
Q: It's obvious relations with Newcrest over the market
price for the additional 5% they want are not good. Does Shaun expect to repair them to work together to achieve production or have they broken down too far now.
Just listened to this from last night. Bit concerned about the number of project and need for funds being run. These are across the globe not just WA and will need large investments. A strategy concentrating on one and bringing in some serious ££ would seem more sensible. The Iron Ore opportunities in the Patterson appear to have cash written all over them, just get that over the line and bring in revenue. UFO need to stop thinking in terms of exploration opportunities and focus on revenue, even spinning things off in a JV would make more sense than this. Investors want a significant positive return not a set of pipe dreams.
https://www.ft.com/content/cd7bed0a-d332-4bc3-b3e1-35d4b9e26e4e
The answer is GGP re-rated over the last 3 years from similar levels to reflect the scale of the Havieron discovery, although holders would argue its still undervalued. UFO have it appears made a discovery of a different mineral perhaps of similar value (discuss) but the share price has yet to begin to reflect this. So one may be a bargain and the other may be fair to under valued depending on your view.
What do you think UFO would be priced at if the market cap was £700M too. This is the type of investment people are looking for in AIM, its under priced.
Sorry EUA. RNS very positive this is clearly huge but some negative comments in Newcrest update about the other JVs suggest these are not going further at this time. This needs formal mine announcement and upgraded resource estimate.
Money in market seems to be chasing a lot of runners with too much focus on next few hours / weeks. Sit on your hands here.
Seems big news increased major holding now 14% Anglo Ashanti . Board seems non plussed though.
I am a LTH, so don't pile in, but as there is no increase in resources and the meagre valuation used in the PFS, this milestone may explain a portion of this.
Quote from the PFS page 1 "Completion of PFS triggers Newcrest’s entitlement to an additional 10% interest in Havieron"
So the GGP share of the project is down by 10% therefore.
Please see pages 14-17 would welcome comments from Hydrogen, and Bamps but these seem to include some new drill results with very high grades well outside the previously reported area. This appears new and is most interesting .