George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
I personally believe that Tribeca and any other investing funds will try to defend against the shorters trying to bring the SP down further than placing price. They have another A$40 m in place should they need it. Could be a bloodbath. Hold firm Greatlanders
Thanks bamps, was sure you would put me right if I was mistaken, I'm not too hot on the geological side of it although I read all your excellent posts. Still results from the Eastern breccia even more exciting as I cannot remember that the extra 500000 ozs included in mre2 was ever known or included in last years broker notes so all a positive for me
Thank you mfu, I am also well stocked up but am sure I will make more money with a rising share price than waiting for a half pence fall. Also should we be taken out I am sure more money would be offered if sp was higher, so self defeating in my opinion. Also think that if any outstanding assay results would affect the SP then shaun is obligated to let the market know soonest
GM Nap, yes I do know there would have been no or little drilling over the rainy season, I was asking about the 9 missing assays from the 10th march rns which should have already been at the labs. I am aware that ncm scan all cores on site, and that these cannot be rns'd until lab results received, but give an early indication as to where they would like to drill next. Thanks for your reply
Good morning all, long time lurker here. Just a question for the more educated on here. It seems ggp issued the last assay results on 10th March and ncm have taken a back seat on this, can ggp rns the 9 missing assay results as and when received. Presumably any assay result showing any mineralisation could be price affecting (especially the missing HAD 145 assay) and is obligated to be rns'd. Bit fed up with the usual 6/7 week results which seem to have a detrimental affect on the SP?
Good Luck Greatlanders
Manipulation possibly??
More worrying to me is how £160 m can be wiped off a company with an MCAP of £800 m within 4 minutes of the opening bell (12/10), with very little trading.
Sailing close to the wind regarding outright fraud methinks but what do I know. I'm sure some members know a lot more than me regarding the vagaries of AIM