George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
To be fair TS, you were having a pop lol. Let's just call a spade a spade shall we.
If we get a £30M MCap as before that should be about 2.6p now.......just goes to show how damaging dilution actually is to upside potential. Need alot of ducks to line up before 4.4p is seen
And as if by magic your alter ego posts right after you. Dunno what they have put but most likely something that doesn't make any sense, abit like their post regards to how a placing works haha
Tell you what, if I posted half the waffle they do, I'd be too embarrassed to keep posting lol
Imagine the horror to some posters if I made the BoD do anything haha
I seem to remember that it was Doc who "leaked" when licences were applied for and claiming the licences were granted, that force an RNS confirming application only.
What's really funny is no one cared to look at the last licences update:
RNS Date: 13/12/22
EL006911 Granted: 05/12/22
EL006912 Granted: 08/12/22
Proving they will release an RNS when they see fit....or most likely get the certificate in hand.
So anyone who's cage is rattled by me releasing public knowledge, should get back in that cage.....isn't that right TS? Might have to put you in the mute, bin same as your other login :)
Only 2 license outstanding:
1. Ballarat - EL007537 *4 Total Requests for rights A.K.A Contested - Not Disputed*
https://earthresources.vic.gov.au/licensing-approvals/location-of-licences/licences-near-me#lat=-37.545804323991675&lng=143.82967496858794
2. Tambo (South) - EL007486 *Uncontested*
https://earthresources.vic.gov.au/licensing-approvals/location-of-licences/licences-near-me#lat=-37.56594439160665&lng=147.89873594222212
Good odds
The massive licence joining our Bailieston tenaments has been secured for 5 years:
EL007296
https://twitter.com/gino_lse/status/1608500218164559873?t=GV7I4uja91jszTPXmlK5TA&s=19
This is getting spicy!!!
ECR have been granted EL006713 today and expires in 5 years
https://twitter.com/gino_lse/status/1608477846560968709?t=okSG9QzWyPzaEvKDQ4zR8g&s=19
You heard it here first, the joint venture is back on :)
Not sure what is so complicated?
EL006184 (successfully renewed today til 2026) + EL006713 (which should be granted in January) + EL006907 (expiry 2026) = approx 10-11km of DMS access
EL007537, if granted in our favour, will extend our access an additional ~0.3km
It's been posted multiple times, yet some folk still don't get it?
TS with respect, he said the licence in the middle of current Creswick licences....not the "Disputed" as you keep calling it for some reason?
The licence in the middle (EL006713) will complete a 10km stretch of strike. This licence is not disputed in any way shape or form:
https://ibb.co/j3nb4KH
The CONTESTED LICENCE around Ballarat (EL007533, EL007538, EL007537 or EL007540) will give us an extra 3-500m if that and is incredibly insignificant to the DMS extension. Only real significance is its around the Ballarat Gold Mine:
https://ibb.co/C9dHm9L
So arguably the only licence of significant is the one in the middle, not sure you're so fixated on the insignificant one?
The placing was for 100M (66M from SI & 33M internal) with 100M warrants at 1.5p
Can we at least work with that?
I'd suggest the 33M internal was Colin and/or Phil, which was forward sold into the rise
We have had about 20M total volume since recent peak
As a geologist he appears to be switched on and seems to have a next generation approach to identifying anomalies, based on pathfinder elements and compounds.
However, as far as creating value in a company, deciding where to drill and when I think he gets a bit carried away. As we see from his arguable "free reign" whilst CB was asleep at the wheel.
Adam, I feel has confused his excitement about geology (the unique structures we have in Victoria) with what the market dictates as value creation. I believe he was the main driving for behind continued drilling at HR's because CB didn't know any better - so arguably not his fault.
After CBs passing it was business as usual as Adam was pretty much the head of a captainless ship, a position I feel he fought with, rather than thrived.
Do I want him in ECR? - 100%. He has the backing of his peers and is bringing value to the business where I certainly could not.
Do I want him leading presentations and giving podcasts? - 100% not
He is no CEO, which is fine, we have one of those now - especially to keep his excitement focused in value creation and not what appears to be his experiments.
Armani, it seems lots of postings by Tamer, no doubt trying to reassert their credibility, after leaving it all over the floor in a few posts. I would guess trying to discredit one or both of us?
You are correct - they don't have a clue......they keep posting one after the other in the hope that the embarrassing posts get lost down the page list before people see it.
"How do placees get advanced knowledge of a placing?"
that's a cracker, actually, I'm a bit embarrassed for them
Tamer you portray yourself as a fountain of knowledge, yet you are asking questions how a placing works.....
How do placees have advanced knowledge of a placing?? Haha this is a joke right?
Honestly your just a troll. Filtered
Again I ask the question.....when did I accuse ECR of insider trading?
in order for ECR to have committed insider trading a member of the ECR team would have to be in possession of shares, sell them at a higher price, knowing fine well the price was going to drop.
So, unless ECR are the placer and the placee even by ur standards of tomfoolery, try harder next time
What claims have been made up specifically that are upsetting and muddy the waters?
That the drill is in China and not in Australia?
Well that stands to reason, given its only just been purchased (after what seems to be ECR messing about with terms) and not due to be used for at least 3 months.
Are people upset that the placees had advanced knowledge of a placing and sold the exact amount of shares at a higher price?
Again, that's standard practice and how placees fund the equity purchase. Bonus fact they don't have to do 2 separate TR-1's as per the terms and conditions, because they have a promise note that companies are legally bound too.
I'm really struggling to see what comments are made here, or even twitter, that are outlandish, apart from some posters hopium, that it's falsely pushing away would be investors?
Surely it's the smart thing to do is listen to both sides of the argument to make a conscious decision?
More is the point, I think it a little naive to suggest anything posted on twitter on here makes much difference to the share price. I'd be looking straight at news releases for that.
I'm far from Armani/Lucaducas biggest fan, the blocked me for recently cause they didn't like what I had to say, but truth be told its better than hearing some folk copy and paste drivel as they fish for likes
Pretty simple...not every investor is a boot licker and sucks up the BoD fart box at any old drivel that gets pushed out the PR funnel.
The board of directors read this forum and due to the lack of response many investors get, down the "official channels", take to twitter or here to call them out on what they believe are transgressions.
Just because you have a negative view of a companies current performance and decision making doesn't make you any more or less of an investor.
Actually, let's flip it, why are so many people happy to accept a poor performing share price (after all its a direct representation to value)?
Why are so many investors happy to accept a downward trajectory? Is it because they want to appear good to their peers to get that little bit of self gratification that the "recommends" counter offers.
Well I'm sorry I'll stand up for anyone who has the balls to challenge the people responsible for a companies poor performance. If the company start delivering on what they so frequently pump in their PR their wouldn't be any room for the "negativity".......which is actually proving to be accurate give how the share price has been obliterated in less that 24 months.
By all means sit around the camp fire and hold hands, but if we don't accept their is a disconnect between what the company say and how they are measured in the market, the company goes nowhere.
To be fair I'd suggest the drill is still in China, not sure why it would be an issue though? It needs a SAT before it gets used after the wet season in Q2 anyway so no major rush for it. Think it's a 3 week trip to get to us?
The silence works for me.....I'm glad there isn't any more money pouring out our account to pay for Alan Greer and his rampy pals. Results are the only thing that will create value, endless talking won't