George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
The way i look at it our share of DRBM current MCAP is 16 miilion, so ours 8 million, 12.7 million from Victory £1 million plus change from loan to Corallian, cash in hand around 4 million.
That adds up to our current MCAP so market is saying WN,Parta and Noth sea licenses valueless. IMHO fag packet figures.
MCAP of DRBM is $16 million we own half. We are due £1 million plus on top of our £12.7 million.
WN and Parta and all our licenses valued at minus now.
This is a shorting attack, quite simply anyone selling now needs urgent medical attention.
https://www.simwellresources.com/_files/ugd/f5673e_f5a9321c4dc741c49a3f25b1162e6330.pdf
I haven't heard that saying since my dear old bampi passed away over thirty years ago.
He was a true gent, just like Sergeant Wilson in Dads army. smile happy memories he used to regal e me with stories of his WW2 adventure. ATB.
Agreed FT.
These dudes will get it flowing first half of 2023 and then enter a sales discussion with interested parties it will be sold by 2024. My guess they will offload Cali around the same time.
Parta is the puzzle.
The nutters conveniently forget one of the reasons we are so behind schedule is the almost 18-month hiatus brought about by COVID, but silly me the lads are to blame for that also.
You are welcome dude.
They have already stated that in the Brrmedia.
Short term they will have circa 9m cash with another 8.7 million to come.
They have said no need for placings if Cali builds up as expected they could offload their share there currently at 14.65 million MCAP, should rise a bit with the commencement of new drilling and improved profits over the last six months. Anything could happen with any of their newly acquired licenses at any time and also Parta. You have done the right thing for you that is what is most important. A share is a share and a profit is a profit, plenty of more fish in the sea dude. I have a trading pot and once i have traded them i move on, but keep them on my watchlist, if they go up or down after i have cashed in doesn't really bother me. ATB.