George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Yeah hate that just like :-
21 Mar 2023 09:0
JH, I don't think we are talking about a "rerate", what most of us are expecting is a price realisation for a successful side track that hopefully delivers a doubling of current production, and that should see n initial move towards 2.5 - 3p.
Push2
I bit the bullet yesterday on a few punts, I was invested but dodged the 0.2 to 0.1 drop earlier in the year. The shares are confetti atm, its going to be a long up hill struggle to get some/any trust back. Selfish move roping in new investors at a show, only to have the projects in limbo .. not forgotten.
Anyway lets hope it will move forward now, dates are getting set at least. There are enough projects in the RNS, that they can't all be duds :D.
I mean, this is AIM how else were they going to pull this off without placings and some debt? Can't see any big bundles of cash laying around so they did what they did to get the job done. The Engineering ran over a bit, that neeever happens right. On the other hand they did flee the question of how much the drill cost, guessing they want to scrape enough money together to make that bill look smaller asap :D. Anyway the gas is flowing, gas prices slowly rising, happy days.
It will be interesting to see if first the production data was close to a full 24hr production cycle, or not. Anyway, I would expect regardless it will be a bit up and down for a few days. Kind of exciting though!
I mean, they reported the sidetrack was a success but the gas has not flowed yet. Hardly a surprise that it will get switched on at some point. Not exactly market abuse is it. This is what happens when you fly fish all day long in and out of shares, bound to miss the boat some times sorry.
To be fair to the broker, the result has no context. In some ways I see it as a good thing that there was no knee jerk response from Faron. Hopefully before the end of May we will have a wide range of updates. For now I am just chilling.
I am not so sure I would be banking on great down spikes. Once side track is tested it can be plugged in and sold to market no? Punts don't feel like they are in on mass this time round (maybe they got burned). Anyway good luck with the strat.
I still don't know oh this is under the radar. Anyway, peoples lives are getting saved. Anything that reduces destructive treatment to the body is also huge step forward. Reassuming, though not surprising Bex still rocking it.
In my mind, I think some potential partners moved goals post for funding and Farn has gone there to flex. But hey maybe they are meeting up, who knows. I'd still rather be invested atm, than hope for a low entry at this point tbh.
I am happy to take a chunk at these prices. All depends on what type of investor/timescale you are looking at. Placings in return for progress or creating a more liquid cash flow is fine by me. Just have to have some self control and not overinvest, take some winnings, and the hardest bit time it right.