George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Well if it was positive news I would expect a last minute rally 😏 but here’s hoping
Hearing all the negative posts gives me think this might pick up soon, as long as SK stays away we still have hope
Botuney, I beg to differ, they are working frantically to get the plant running and stable to enable them to move forwards with production. The fact that there has not been communication means they have yet to achieve it. They have a number of debts which need to be serviced and if they can not do that with any profit they will use the headroom they have to raise it in order to get that profit.
What we don't know is the condition of the plant and no news in this case is bad news I'm afraid
What's don't you get?
I think we can guess the GR is awaiting some good news to boost the SP in order to do the next placing, so expect that news first. if the placing comes before the news I think we are in real trouble.
Whats with the spread and SP shown here?
Guess it comes down to shorters/lth/day traders
😂😂😂
Didn't he have a 300k overdraft :)
Botuney, this was one of the issues which was causing shutdowns, so yes having them replaced is good news.
Now only if he could give us some positive news about the sorters :)
Nothing wrong with him wullie, he’s just protecting his investment like other shorters and rampers. Gets pretty boring over the months and quite predictable.
I would have appreciated some updates from gr by now though, the fact he hasn’t leads me to believe there’s nothing to say. Guess I will just wait and see like the rest of us. GL all
For sure, i could make a shorter blush on some days
Gotta wait it out, or sell and moan
You guys make me giggle, posting your rubbish and thinking you make a difference lol, see you next week and good luck on another 25%, i'll just sit here a while longer
Oh if only i was as smart as you Gellyboy, enjoy but don't brag too much or some oik will rob you of your fake rolex
At least it is the weekend, perhaps the shorters will be out celebrating and give the bb a rest
Well let’s hope this money makes profit and not just tailings
GR's wine cellar must be running low
Probably waiting for better production news and let the SP rise a little before the next one
What was your first clue TT ? could it have been the AGM where he requested the dilution lol