George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
6 months for environmental study, THEN, 3 months feasibility study and drill decisions... won't be until this time next year for the drill bit to go again. It's a holding, holding, then BAM! BTW no more action for a year type RNS
Oh dear 5 weeks ago, she stated, the rig was hot stavked ready for some parts to be delivered. NOW, it's we are waiting for sone LONG LEAD TIME parts... all the previous malarkey in the RNS was treading water hoohaa to make it look like there has been progress when in fact they are at the mercy of spare parts. There won't be any gas this side of Christmas. Wave hello to 1p today
Great find Trek
Late reported trades £21 million buys at 475.
Ade1234... copper surge drops???? what are you on about. they are the worlds top 10 producers of Lead, Iron, Zinc, cobalt, tungsten as well as copper. there is a global return to consumption of all these base metals and this is only going to increase .
its not all about copper, but in that case most commodity experts see copper getting to $16000 per tonne, I'll go with the experts here
Was wondering where all the shorters were hiding. but now they are out in full force. If it stays above 472 for 2 more days you wont be buying under £5 in july. good luck with the shorts. the copper price is going one way fro the next 6 months
RNS first thing then
Go for a dual listing in US. this would absolutely fly
Panr will never see 2028, this is now a sitting target for a major... game over but gains to be made when they sell up.. an offer is only a matter of when not if.
Will it wont it 472 is a hard level to crack. hopefully US opening later will give it a bit of momentum it usually does
They should go for a dual listing on the Nasdaq. US values this sort of company in a much more aggressive way. we are fiddling about with share buy backs when the cost of doing so would be better spent on listing in the US of A
Cant read..paywall
Will people sell later today or tomorrow and foregoo the divi to lock in their profits or take the divi and their chances with how far it drops. last year divi was 26p it drops nearly 38p. dilema indeed..
So 472 hit this morning, what next. well if it falls back to 470 or below it may retrace to 455 p. if it stays above 472 for a couple of days then we are off to 500 p. now that would be very nice for yours ....
Sellers taking profit, this will drop to 1.5p
What just happened??
Heavy buying last 3 sessions and price hardly moving.... dont get it
Just read malc'y bucket list, which gave serica a glowing report. so I then looked at the production and saw the huge increase since 2022. and then read you comment on Tailwind ... so did some research... by the looks of the deal Serica paid £620 million if you take into account the debt as a cost. plus a 25% loss in the enlarged company to Mercia. Holy cow.... all for 23000 bopd extra.. did I read that right. question is what is the extent of the tailwind tax losses that cann be used. and will they be usable against the North sea profit levy. I am looking at thiis for myy ISA starting Monday.
How much is the next divi..
Looks like a few people using their ISA allowance late on.. just worked out at 20,000 bopd at $90 oil is a nett of $38 pb. thats 275,000,000 dollars free cash flow this year