George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Foxhill - we have completed various drill campaigns and have a JORC/43k compliant resource statement showing 21mt of TREO at 1.41% - in situ valuation of over $8 billion. https://twitter.com/flatracingmodel/status/1450431842058915845/photo/1
Munch - it hasn’t dropped 50% for LTH - we are now sat on a paper gain of 450% rather than a brief 575%. Wood for the trees mate. Stop being the herd and actually do some research before investing .
Munch - I sold 13% of my holding at about 24p as I recall on the way up . Held the rest . Things never go up in a straight line - buying after a 5-600% rise on an AIM micro stock is a massive value risk - and a terrible strategy . Stop moaning .
Munch - we have increased the SP 500%. I don’t understand how you can be unhappy with MKA .
Most LTH are around 5p average . I have no idea what you mean by “these low prices”. 25p was a pipe dream 6 years ago. Management haven’t really put a foot wrong so why start to mistrust them now ? Securing additional projects and more REE only adds to the value in an acquisition scenario.
Looks like someone buying small amounts .
What a disaster today, all gains in the past few months whittled away.
Christ , that’s a shocking drop .
Finally some decent acknowledgment of the pipeline . Competitors like TRAK used to quantify this financially . “best ever pipeline of potential new orders, “
What am I missing today
Excellent post and sums up my view. I luckily escaped with a 15% loss and it was only a smallish stake. All of the metrics pointed to a great value buy, but i guess you can't always predict world events like these. Good luck all whether you decide to hold or sell
on what exactly?
Yeah - I took a small loss on Tuesday . So much potential at this price but keeping powder dry . Markets not going to be fun today
Anyone worried about financing options, doesn’t understand who owns the business…. The exit plan remains the same. California regulate, interest from major player, spike or sale. Great opportunity to load up this morning .
Up 13%. Until people read 32 units …. I’m happy to stay holding - it’s a great nod and a big foot in the door .
Small order but what a vote of confidence!
Great action today . Love it .
Nice action today . Fingers crossed we start to get some information on this new distribution deal and the DHL updates .
I am sticking a middle finger up to everyone of you who abused me when I said months ago that this would retrace back to 85p.
Called it months ago. May finally see it today as some idiots finally wake up to what’s going on .