George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Anyone know when we shoukd expect drill results on zone 2 and 3?
Hoping this gets the party started pre next quarterly production figures
Hi sage.
Good to see you on here. Oh the good old iii days hey.
I wouldn't be surprised to see an offer in the next year or two either. It'll be disappointing if that offer is not at least £3 given the faith shown over 16 years (10 years for me)
Simple. They suckered everyone in on a placing to raise capital didn't they.
I've held this stock for over 6 years and I'm really losing faith.
Where is the financing package for dundas!? Seemingly struggling to get anything off the ground here.
Purchased a unit for £4 million but given free warranty In the company at 58.8p.
Or given a free unit and subscribed for £4m of warrants.
Is the product not good enough to sell without giving up freebie shares. If we do this in every deal we'll be liquidated to nothing!
personally I think the management philosophy is very poor.
A very badly timed share buy back scheme.
Now the price is 50% lower they are showing no intention of share buy backs or dividends
Board really letting us down here not buying shares or issuing some confidence boosting dividends.
Waiting game here now....
Thanks for coming back...
So suggests really good cash generation to build up that much cash and extinguish all loans. Also good management imo.
Hopefully no banana skins there
Sorry for being so ignorant but what JV are you referring to? I must have missed something. Thought the mine and licences are owned 100% and with no debt
got to be one of the most undervalued miners out there. The Chinese fear really is rife. the for ward PE ratio is incredibly attractive. Just wish they'd buy a load of shares at this price
Chairman of mother are who's losses are widening and ousted by shareholders at "dignity"
Not ideal?
Emphatically!
it's mad that they were happy buying much much higher than this and yet we haven't seen any action recently.
The Chairman seemed incredibly positive towards the buy backs and dividends and as they are sitting on 25 million bucks and only making more each month that passes, their lack of action is now becoming ridiculous
So we now have Rio Tinto vaguely committing to assessing the Finnish assets
A very notable partner assessing Disko
Dundas is permitted, licensed and shovel ready. a 70% off take agreement supposedly in place - yet we can't get a JV or financing package done quickly?
I've been invested here for 3 years now, unfortunately my average is still around 18p having bought at the top but thankfully also the bottom. I really hope that the positive associations with this new JV opens some doors in the US/Canada as it seems ridiculous we can't offload our ilmenite a thousand miles south of the mine. Where's the offtake for the other 30% and where is the financing coming from!?