George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Have a good weekend all 😉
More craziness ahead next week no doubt 🤷♂️😱🤦♂️
Suzy Dilly - As Sherlock Holmes many times said “The Game Is A Foot”
Please stop delaying the inevitable. Please release the year end results. Either way they will have an impact on the sp so please put us out of our misery.
I have my own opinion on my they are being delayed.
Time to get a wriggle on me thinks!
Let’s not wait until early June to release them.
Anyway Suzy have yourself a grand day :-)
Hoosierdaddy - thanks!
We all may have different opinions and I may not be as knowledgeable as some of you guys who have been in the stock market game for a long time but I know business as I have run two of my own for 20 years.
I think Suzy is a very nice person but there have been way too many bad decisions made. Things have got to change.
Please realise this is the end of the road now, investors won’t take much more if any, we need a clear none BS update on 201 and or you eat humble pie and ditch THX.
Very interesting times ahead.
Uncanny - Exactly!
201 is the crucial factor that needs to be resolved with either dumping THX or a transparent update.
Nothing else matters at this juncture.
2 Absolutely excellent posts. Comprehensive analysis based in reality.
If I was skynet I’d send a terminator back through time to eliminate the resistance leader Nick Slater.
This would ultimately save humanity from a fate far worse than extinction!
I’m not interested in comments from anyone who want to be abusive or hostile, you’ll get filtered if you insist on being rude or personal.
Have a good weekend everyone :-)
Uxm484 is wasting his time replying to me as is Hoosierdaddy because they are now on my filtered list.
I’m here for open discussions that are pleasant and informative not opinion bashing or mobbing, peer abuse focused tirades from those who feel they have the right to be abusive.
There are some sound people on here but unfortunately there are plenty of unsavoury folk as well.
Shame that we can not have a better community of investors here!
Uxm484 - and there you illustrate my point well about this board being a cesspit of toxic individuals who can not resist having a pop!
Nice to be a fellow investor with such lovely people as you!
At this critical juncture it is unwise to invest any more money here until we see what is to come.
If the results are delayed until June then I’m confident that will bring a further placing.
Argue all you want for either side but these are just my thoughts.
These boards have become a festering cesspit of toxicity and personal attacks that are totally unnecessary.
As Adam is our largest shareholder now I don’t recall reading him saying he would not be participating in any future placings. As he is the largest share holder it would be unwise not to take advantage of a placing.
Not to be the bearer of bad news but was looking for the last year end results this morning and they where delayed last year until June 7th (previously was April 2021) the June 7th 2022 results was closely followed by a placing announcement.
If this year’s results are delayed further then I feel more and more likely that a placing will drop soon.
The guys that constantly discredit porky may soon be eating humble pie washed down with a large helping of pork scratchings very soon.
Have a good day everybody.
The waiting continues………………
And the waiting continues! Yawwwwwwn.
STX have tripled their revenue in 3 months and are fully funded until Q424 what’s not to like?
STRONG BUY.
Fully funded following total new financing of c. £36.6 million (or US$44.9 million), net of related costs (including proceeds from convertible shareholder loan in August 2022 and gross funds received post period end). This is expected to provide resources to support operations through cash-flow breakeven expected by Q4 2024.
Bioatechimvestor - definitely agree, I get the feeling GM is getting ahead of himself a bit to be honest. I am impressed by the progress in such a short time. I feel a few got spooked by the £24 million operating lose and didn’t focus on the fact they are funded until Q4 2024.
I also don’t understand as the stock can be bought from the London Stock exchange so if an American investor wants in they can buy it there. I’ve bought American stocks in the past via a foreign exchange.
Anyone concerned about what STX said in the business live article?
"I'm not saying US investors can't take it as a London Stock Exchange listed company but it definitely limits the pool down pretty dramatically. So, yes, for us being a US-focussed company, having access to the US investment community in addition to others probably makes a lot of sense and we're taking a look at what that could look like across the board, but there's nothing imminently in our plans that we want to get off the London Stock Exchange actively.
If they came off London stock exchange and went on the us exchange would we lose access to our shares, I use IG trading?
These boards have become a laughing stock (pun intended)
Filled with speculation, desperation, sour grapes, delusions of grandeur, lost faith greater than the nation of Israel in the first century, hatred greater than a bad William Shakespeare play, power plays on par with a bad episode of dynasty and more broken records than the reject bin at HMV.
Personally I think this is a great update and the cash burn is to be expected with increased investment in sales teams ect.
Fully funded following total new financing of c. £36.6 million (or US$44.9 million), net of related costs (including proceeds from convertible shareholder loan in August 2022 and gross funds received post period end). This is expected to provide resources to support operations through cash-flow breakeven expected by Q4 2024:
They are funded now for a decent period of time.
I expect a decent sp rise this morning!
Bluebutton - Excellent post!