George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
All looking good. But the rampers have arrived in droves so I'm banking mu profit and waiting to see what happens.
Remember newcrest have sniffed around before despite good grades decided to take no action. The market cap seems toppy for a non producing company too.
Good luck all
Cant help feeling RIO have JAY over a barrel. No doubt negititating for a ridiculously low off take agreement.. you would think if the illmenite was rejected it would have been confirmed by now?
Guess they starting processing and testing in october - december depending on RIO's timescales..
With titanium dioxide expected to be in increasing demand and RIO's issues in south Africa... surely they will want to have another feedstock of titanium illmenite coming in???
My take...
We had some sell on news however there is a big buyer in the background so the price didnt fall and got held. Free shares have dried up and the order still hasn't been filled?
I said before I think this will go to 30-35p soon
Mark Reid clearly said the operations update planned for early january 2020.. I expected this pre mid way through the month to be planned as january which means there is alot of data and info being put together for this update.
It is however, late...
What people dont seem to realise or give credit to is the fact that China have been ripping off western I.P at large for decades without care or answer... trump is standing up to this finally.
There is a far deeper mutual relationship and potential market opportunity for the UK and USA to trade with greater protection for the business concerned.
All this scaremongering is simply boring now