George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Why disgruntled. AN excellent product in development. Very early days.
Do you believe in their product?
Do you think others will in time?
Do you think the tech will be adapted?
For me - yes to all three, so it's just a matter of patience. If the answer to all three is yes for you and you bought higher then now is an opportunity to top up.
If you hold higher then you must have had your reasons for investing - have they changed?
The lack of any rights issue / placing immediately post EGM is interesting.
Imagine the situation
Buyer: We would like to make an offer - but your shareholders don't vote and it wouldn't go through
EUA BOD: Hold my beer.
Just one of many possible scenarios. It happens to be the one I like the most.
Nah, in a timescale of a year then two weeks public holiday delays are negligible,
also
The BOD are seeking to make these 'non binding offers' binding.
They are working towards realising the offers that have already been made - i.e the offer made is satisfactory to the BOD.
The downside in never zero. Simples.
It's always there - though it may never be realised.
Just because you are unaware (as am I) doesn't mean it doesn't exist. You should always be looking for the downside.
How far do you think it would drop in the short term?
In the long term it should be worth more than current. If we were mining gold ourselves then market sentiment would I think have us higher than current sp. People just aren't researching for PD mines.
CocoelClowno - I have taken a modest topslice - I won't say when.
With the proceeds I have paid off my mortgage. Built a garage, purchased a boat and a caravan.
I'm counting the eggs that have hatched already - more in the incubator.
Seeking to raise 1bn?
http://cbonds.com/emissions/issue/52077