George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Hi LeMajor,
when SP is struggling we should not put the blame always on MM`s.
88E has to deliver now to attract more buyers - simple as that!
Yes, considering the strong cash position CAD could be more aggressive in developing more wells.
Maybe at the AGM they will do some explanation on further strategy and I guess for the AGM they will also update the corporate presentation.
And from trading volumes its quite visible that CAD is still running underneath the radar.
Many investors follow BLOE or ZEN or 88E or others but from fundamentals imho CAD is clearly #1 !
I guess at latest when certain analysts will re-evaluate the valuation of the company (and I think they HAVE to) and when CAD announces the next quarterly we will see the next boost to the SP :-)
Oh yes, the AGM, thanks.
Yes hopefully before that.
I mean this company looks really healthy:
- comfortable cash position which is higher than current MC
- steady cash flow from operations
- high potential for flow rate increase due to encouraging pre-results from well Blazh-10
But I guess its too quiet around that company. CAD is not really in the focus of potential new (retail) investors.
Last well update was 4 weeks ago. Another update should be imminent. Hopefully.....
C´mon CAD, show us some good flow rates from Blazh-10......
Hi ajb,
from what I learned here the past experience with ZEN is not really "great", but what is the difference this time is that AC loaded a lot of shares and other investors as well. I guess they will not delay the progress if its not really necessary. Its in their interest to make progress w/o further delays.
Even if AC might be phlegmatic I would be sure that at least D. Clark put pressure on ZEN to hurry up!
Hi ajb,
that might be true, but to be honest:
If the top drive is purchased and on the way me in ZEN´s position would not start drilling w/o that top drive. Why drilling it now while the top drive is still on its way. Just to safe a handful of days waiting time of a handful retailinvestors? And the same retail investors would put the blame on ZEN to spend a lot of money for that drive and not using it (from the beginning of drill)?
Hi sarge, I am fully with you regarding the hint for the top up opportunity.
But in my mind I am always afraid that ZEN comes out with another news like "Top drive disappeared in customs clearance" or "arrived totally damaged" or whatsoever which extending the time line again....
This makes me hestitant to top up...
Nevertheless I got enough ZEN shares. Now its time for the company to deliver on the expectations.
Don´t care about these sellings. We started the week with 2.85. If we can close the week above 3.00 would be pretty fine with me.
The real game did not even start yet ;-)
2018 Annual Financial Report and Notice of 2019 Annual General Meeting
Ok, I don't want to forward the reply if it's a silly question. No problem :-)
I just contacted CAD regarding next update. Once they reply I`ll let you know...
Its just over 2 WEEKS not months ;-)
Hi meastro1,
and this is reflected with current MC of 9 mio GBP. Cute......
Higher volumes would make me a bit nervous....
Yes, hopefully very soon.
At least we see very low volume in that downmove over the last days....
Thinking of topping up at current level. I don´t understand why people selling right now.
The next update is again expected to be good.
Current MC is below 25 Mio GBP. So the cash position is bigger than the MC....
Sorry wrong Thread.....