George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Thats the MCAP then
Agreed
some people with a less than reassuring track record have restructured their debt and are going to buy something which will probably require a placing...
A very positive RNS
https://www.londonstockexchange.com/news-article/SRB/agm-statement/16016511
Hi, I am in here but mainly just lurk
I work in renewables and its still a struggle making them viable without subsidy
everyone jumping on the ESG bandwagon but ESG does nothing except reduce the bottom line
trying to force the pace of development as govts are planning is "ponziesque" IMO
not sure we had the benefit of talc...
Thanks for posting that D-Geeman
Appreciated
Can sell but not buy
stop being silly everyone
agreed but uncertainty has been added to uncertainty so not hard to understand where we are
it maybe a good buying opportunity
seems obvious to me
debt finance is not supposed to be speculative, its supposed to be nailed on guarantee of repayment
they would have been really p'eed off with it
but hey, that life in the big city
Replying to Digitt
What you have said is true but the only way the noteholders will get their cash back is by there still being a company so we are not here courtesy of anyone’s good will
true but the only way the noteholders will get their cash back is by there still being a company so we are not here courtesy of anyone’s "good will"
Hi Grills
To get Res 2 out of way I agree completely, any board that asking for carte blanche to dilute must as a minimum, have demonstrated some value creation in the first place. Its insulting to ask otherwise even more so on the general lack of communication.
Re Res 1, I agree your view of Boris, but turning to case in hand these are very sophisticated investors and so the meaning of “subject inter alia to the Company having the required share issuance authorities in place " is very clear so I have no sympathies
Personally I feel its likely the noteholders do want cash and so fundamentally if they can do this then the restructure is a sleight of hand, the note holders will be selling into any rises and that puts a cap on expectations for SP growth
Hi all
Responding to Grills post of 16:26 yesterday the wording does state
"subject inter alia to the Company having the required share issuance authorities in place "
a) based on that wording I doubt the note holders can sieze the assets unless there is other wording that allows
b) as has been alluded to elsewhere this situation could be viewed to resemble death spiral financing
Just to note I am invested here
I am quite excited by its potential in theory but thing that concerns me is that seems like all treatments have been supressed for Clot Shots