George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
I haven’t sold any of my 3.8m shares even though I’m down a LOT at the min, and I’m very happy with where this company could be heading. But the thoughts of a takeover has put the 5h1ts up me! How and when would it be possible to know if that’s going on?
“RE: Massive opportunityToday 15:15
Yes, but DP openly and confidently has said there should be 12 financial closures this year. To say that I the way he did and be, at this time, so far (0) from that figure does not instill confidence and if he fails to deliver a significant proportion, it would be abhorrent and deceitful and see the end of his leadership IMO.”
Norfolk, aka, trytryagain. I have said this several times. December saw DP state “imminent” financial closures, of which we’ve had radio silence. This is my major concern. What has changed in the period of then until now to warrant nothing getting over the finish line? It’s all well and good having future deals lined up, but they need to land the fish and not just reel them into the boat. (That was an off the cuff metaphors and I apologise for it!) I am in for pretty much everything here and it makes me nervous, even though I firmly believe in the company. Comes with the territory of being in so deep I guess. Patently and nervously watching.
Incredibly low volume of late. Great to hear the news yesterday but as I’ve said before, this is stagnant until money starts rolling in. DP must know this by now so hopefully he gets that imminent financial closure across the line. Once that happens I’m hoping it’ll be a domino effect and more will follow in quick succession.
DerSack. I can see all that good news and to be fair I do think you have a point as there is weight to a lot of it. Esp North Fork, Billingham and Aries. But specifically it’s money coming in that I’m waiting for as that’s the one thing we haven’t really had yet it’s also the one that will drive the most share price movement IMO especially with the foundations of everything we’ve had so far. I can see so much potential for EQT as a company and I’m in here for a lot more than I would normally ever be in anywhere else. I guess that’s why I’m a little more impatient with this one.
We’ve been waiting very patiently for 5 months now. It’s getting to the stage where it needs a really good RNS for a nice closure and money in the bank. If we don’t get one soon I really can’t see us hanging round here. This feels like a limbo price for either a big step up or a slow decline and the RNS is the catalyst.