George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
I guess searching out Anza 2 whilst two majors prove up Anza isnt necessarily a bad thing in the mid to long term, but not sure what the rush was, why not wait for drilling and results and do a raise then with a higher sp?
I guess with such a low market cap at this point and soo few shares in circulation we can take a hit, and perhaps as CEO Brad knew he could do this as we are onto something with Anza, but does sting a bit.
Got to keep the lights on but 4m between 6-7 people working from home!
Absolutely tragic month here, just as we were breaking out and we get this news. No drilling has started release from the board and then a two line statement in this release. Really a lesson in how to get people excited, and sell the investment strategy. Absolute garbage...….. If I wasn't so heavily down I would sell as this is a joke..
Not sure Brad is working to return us value, not heard him say those words, feel he either tried to inform the market with a s#it sandwich fashion rns. If he released news drilling had started when it did a week or two ago I think we would have bounced on that news. Instead this was held back for this particular flavour of sandwich.
Placing was obviously underway and could be argued sp held back for this, to return them value whilst we get bent over.
If Anzá continues to produce the sort of grades we have seen so far then none of this matters, but Brad needs to pick his game up in my opinion, and think about returning us value and return on investment. Good luck to all I’m off.
There’s only about 7 people at OMI all working from home, last interview I saw was of Brad sitting in his daughters room on a Zoom call to proactive. Unless is daughter is charging him £500,000 a quarter for use of her room I think they should be alright..
I feel it’s was too early to sell us the investors down the river whilst you sell to your mates at a 30% reduction, essentially shafting us the PI, and they didn’t release the fact drilling had started...
*****, why not release drilling update let share price rise, sit on hands for a while whilst drilling continues and proves up the resource. Perhaps Brad wants to be the first out of the gate looking for prospects, but I feel like I’ve just paid for him and his cronies to fly first class and have a round the world jolly.......
So far not impressed with management, they don’t seem concerned about the likes of us and returning us value or they are so confident that they feel they can do anything... let’s hope it’s the later.
I dont consider being informed a bad thing, I have been invested with GGP for 2-3 years and the difference there was a steady news flow. Gervais bought stock to buoy the sp. If you enjoy 7-10% losses per day then your slightly strange.
I have just emailed Orosur, think it’s a good idea to ask for update as Brad doesn’t seem to want to say much right now, or carnt so asked for an update as an investor.
I would encourage us all to do it as Brad May be unable to update as hands tied by Agnico and newmont but if we get on his case perhaps he can forward a barrage to help him negotiate a news stream we would all benefit from.
Info@orosur.ca