George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
ASI what would be your conservative MC or price per share upon receipt of the diamond, assuming we get them within 3 months, and all debts settled? A realistic estimate based on your workings and knowledge. Genuine question.
ASI true that is my worst valuation of the company. But like I said in my previous post, I am expecting a lot more than a bag. Proceeds from diamond removes the shackle and then the net cash flow from sales of output should help finance the other projects without recourse to placing. I am conservatively looking for 1 p short term.
Am not going to put a date on the receipt of the diamond. Am very confident they will be delivered to Vast . So am very comfortable to sit and wait until then. In the meantime am sure the company will have other positive announcements to be made. Gradual rise in the sp till .50 p before diamond news is what would make me very happy. Then Booommmmm
but then who is buying those stocks ? i am invested here so am curious. btw i have voted for the agm and voted against all shares options or grants as they don’t deserve ****. they cannot be given free shares for decimating shareholders value.