George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Maybe RNS will be issued soon
These guys are seriously pushing forward. They momentum on achieving planned goals is unbelievable. I am also invested in another company with similar profile and between announcement and action it takes them half a year -slow motion. ZEPHYR is simply flying. What a great business!
It's getting better and better with each results for gold and graphite. ALBA is on a right path
More importantly, they done it before
Deskstand , I fully agree. This is good RNS confirming solid foundations for a future growth and profitability. This is also one of the last moments before we will see same SP growth as we did in Tullow case. IMO this drop is artificially created. I wonder if we see RNSes confirming large buys soon.
I hope you are right. The product proposition is brilliant, just needs that extra support from the gov.
Relax, lots of companies are doing the same right now and initial market reaction is always down. Later in a week price is recovering nicely.
Rather than skinning the bear that is still very much alive in the woods, let's wait for it to be hunted down first. Let's get first process set up and then updates on the daily or weekly recovery... The gold should be really used for funding of the remaining operation including graphite. This could be another gold opportunity if played well.
And half of UK will flog to the site and start sifting through the dump during night... Hell no! Not a good idea
49kg is optimistic version. And 30% of that counts around £600k-£700k. How much would cost to process this? Definitely not THAT much...
Optimistic version of 9.89g/t in 5k tonnage out of 15k tonnage dump would give a nice 49kg of gold. I bet it will fluctuate heavily regarding tonnage and realistic % of the gold content, but even 30% of it is already a small fortune. Well done ALBA! Good thinking
Does the company has sufficient capital to buy back their own shares? I don't understand that part. Can someone help please?
I think a lot of people is concerned about radiation pollution and incidents like Chernobyl or Fukushima. There is a lot of fear associated with the terrorism and the nuclear plants as well as corruption driving cost savings where safety should be looked at first. But sooner or later there will be technological breakthrough through inventions (like the one in Czech Republic) where uranium rods will be made safer and more eco-friendly options than burning fossils or plants. Solar, wind or water will not suffice in today's power hungry world