George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
I prefer seeing him as opposed to a tweet. You can analyse body language and get a feel for the mood of the operation
So they have decided to reach total depth before wireline now not at 400m. He was very upbeat and seems like he knows what he is about to encounter down there. All looking very good still thankfully
They've said good morning and everyone is running around on fire lol. STOP. DROP. AND ROLL
The only new part of the tweet is good morning from Tanzania lol. The paragraph after that is just a previous quote so this is not an update on progress.
Don't start putting ideas in peoples heads noob lool.
Yes.
Tomorrow. ;)
Am I wrong in thinking TA works more in the forex market? It seems people trade currency using charts more than stocks as quite rightly news ( or lack there of) seems to be the main catalyst in stocks whereas although news and sentiment play a role in forex most people seem to day trade it based on patterns?
Very strange tone for someone invested. Nothing useful written about the company but talks about trouble in Mozambique and highlights the price drop while seemingly brushing under the carpet the positive moves from Wednesday onwards.
another quick thought is why would sundagas allow baron oil to take a larger stake when they could simply wait for a major to come along themselves if they hold the licence?
HFB, as a new investor here and seeing as you are the man who knows whats going on, can you clarify something for me please. Currently boil have acquired an increased stake (85%) in sundagas who have the chuditch licence (is this correct?). If so what have boil outlined as the next steps? If they are not a driller then surely they have only made the move here because drillers are already lined up/ looking at this. I understand its a great prospect but from what I'm reading it comes across like we are blindly waiting on a major to spring up and take it, surely not?
He was asking yesterday if any news was due....the day after the rns. You get some weapons on here honestly
For the company to choose this location last minute means there must either be alot more there than thought and more importantly a high chance of a successful drill. Very exciting few weeks ahead! Also more time for people to pile in
Prae 60 pre drill is roughly 9x the 7p average it has been which would mimic 88e pre drill spike that was my logic
I hear ya Steve, I see this company being an absolute gem upon success, the communication and organisation by he1 up till now have been great..... but I would love to derisk nicely before drill results lol. Even though I will plough the lot back in should it be successful!
Alinz I understand your concerns but although it is unsettling when the share price does this, I personally am not concerned in the slightest by how many Long term holders bail or reduce, it tells you nothing about the eventual success of the share imho. Imagine a few weeks from now when everyone has bailed and we get an rns stating India would like to include sng001 for emergency use on compassionate grounds, or we have been granted eua? The share price will go skyward and all is rosy again
Doc I am failing to understand what information in the rns has disappointed people? Please enlighten me? I get that people can move their money around however they please but my remark about bet wetter is aimed at those who sold off the back of this news, I can't understand the negative sentiment towards this share atm. It seems everything changed the second rm made that comment about needing a fire to put out.
Alinz so you are saying that this was the data set you were waiting on to make money?
I remember almost putting 10k in 88e the week before it rocketed 9x. It was 0.5p when I looked and went to 4.5p at its peak. I decided not to gamble with my money and put it elsewhere but God dam that hurt. The reason I mention this is I can't help but think he1 might replicate that up to the drill. It has greater potential than that 88e drill did and momentum is building. 60p+ anyone or am I getting overexcited lol?
We have yet more positive data confirming the drug works, we can potentially roll this drug out for home use. Nobody died or was hospitalised on sng001 and guess what...... activ 2 and p3 trials are probably going very well atm. We are now in a slightly stronger position for eua and takeover and the investment is de-risked even more. Oh and the share price is giving you a huge opportunity to average down. But unfortunately for the bed wetters they are unable to buy that new ferrari they were expecting off the back of this home trial. Have I missed anything?
http://www.gasandoil.com/oilaround/other/ddbe2ae94d080868e09f58d8cab338a5