George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Well said fairanalyst, plus if you look at today’s trades it doesn’t warrant the drop here, we will resume marching north soon enough, still can’t believe people are actually selling under the placing price, but each to their own, patience will bring big rewards here
Heron oil will be benchmarked to brent most likely, but what will the pure profit be after all the expenses I’m not sure, $10 change in oil is 40% change in Heron’s NPV though so plenty of upside of we see brent at a $100
Good luck to you, but I don’t get the hate about MB. In my experience he has done what he said so far and Mongolian government delays, covid or low price placement (decided by the brokers) are hardly his fault. Is he the best CEO ever? Hardly, but as far as AIM goes he is decent imo, MATD is in the best position now that it has ever been in…