George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
I agree with Indy on this one, have been looking at HBR for a bit and like the company but at the moment I'm staying flat for a more technical entry point. Reports this morning that German storage tanks are filling up quicker than expected and now sit at around 82% has hit the price of European gas today. This coupled with the gap up from 430 makes me a bit nervous to take a long position around these levels along with the other technicals that Indy mentions. Long term bullish but short term I'm watching from the sidelines.
I do agree with you that patience is important but it's more important for the company to update it's shareholders on it's operations and results in a timely manner. The share price is pretty much the same now as at the end of the second quarter so we have had 3 months of production that is not being reflected in the share price. At the moment I feel that i3 are relying on the good will of the shareholders but it's also the job of the company to support the share price with timely announcements as delays are not seen as positive by the wider market hence we are treading water.
Morning Justodd looks like you had a wonderful weekend posting on here and nurturing those online relationships that are so important in the exchange of views regarding technical and fundamental analysis and I'm particularly happy to read your in depth analysis leading to the conclusion of your share price prediction. I was wondering if you could enlighten me as to the exact fate of Jtan and HMP, did you give them your address and managed to sort them both out over the weekend, I'm dying to find out ?
Justodd my old chum here's a little thought that might interest you. The problem with giving your details to strangers on the interweb is that you don't know what they'll do with that info and it's a very good way of phishing. Given the fact that your constant demand for everyone's address so you can pop round to their houses and give them a jolly good kicking is becoming mightily tedious to say the least so wouldn't it be much easier for you to post your address on here so people can come round to your caravan for the afore mentioned rumpus at their own leisure ?
I am confident that the numbers when they come will be good however the company does need to update the market on it's Q2 and the drilling programme in a more timely manner I feel. Delays and tardiness can start to sap a little confidence from the wider market which then affects the share price and all of our investments, we need updates to continue the momentum because at the moment we have stalled somewhat.