George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
TS - Your opinion is your opinion and you are fully entitled to air that. I am bothering to comment because, like you, I'm entitled to. As we all are.
No one is nit-picking of what is and isn't and RNS and other such petty comments.
Only the LSE police can shut someone down for whatever reason they see fit. Otherwise, live with it.
Curamba, Just stating my opinion. Personally, I think the car industry made a big mistake making cars too good. No one seems to build a bad car these days. That means people hold on for longer, and less goes wrong in terms of repairs . A new concept like EV has added another string to their sales bow. I don't think EV will be around that long, and Hydrogen will eventually emerge as a solution. Cost for H has to be paired right down. Buses and trucks are using it successfully. They cost almost twice as much as normal systems. My pal has over 300 buses, and has 6 'H 'buses on trial thanks to Govt incentives. He says they are very successful. Thats my penny's worth. Being long CTL at 60p, I hope the SP recovers, so I can pare my holding. Shares are in the bottom drawer.
Yes, Yes, Green it is. Credible though it is, I don't see how this hype is worthy of an RNS? I wish they would stop blowing their own trumpet, and get on with some real news that relates to the value of the Co. and thus the SP. .I hope cars still want lithium (maybe hydrogen possibly) by the time they start production....ASX sounds like no one knows what is going on there. delay, delay.
IMO.
Smoke and mirrors maybe. Every start up is trying to raise funds and get on the Lithium bandwagon. Competition is fierce, interest rates are not cheap, CTL being located in the middle of nowhere, and Chile not being the honest place on earth are not helping the cause. Open your eyes; this is AIM Wild West in the truest sense, and a mining share. If you don’t like it, close your position. (I am long at 60p and wincing with pain as well.) GLA.
Denby. Yes. I have seen it so many times on AIM. There'll be no repercussions in Chile if it is a dud. The Chilean investors are probably out already... AUS listing will be all BS smoke and mirrors. That place is as bad as Toronto for market dodgy gambling...
Being long at 61p, this drop is indeed concerning. Yes there is a concentrated seller. But, for the simple true reasons mentioned in the 0911 post, there is no-one excited enough to buy…….
I have seen this market behaviour on AIM time and time again. It’s the Wild West. I’ll bet none of us have even been to Chile to ‘ have a look’. It’s all talk promises, and hype.