George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
That's not how it reads to me, but i'm very ok with you being more right than I am! We will see what the week brings.
What's the link to the portal? :) Was there an update?
This thread reads like people are talking cross-asset.
Sorry, yes. You're right. Head all over the place. Made a daft comment on another board as well. I will keep my fingers away from the keyboard until I brighten up a bit!
I thought I did have that is perhaps not useful to sentiment....
Colter has been delayed, Bunga appears to have fallen at the last hurdle.
Maybe ADL were hoping for better news by now to raise a worthwhile amount of cash at a decent price to fund the next part of Badger.
Matches my theory that the selling stopped for a while :)
"I wondered why they where drilling the well with the smallest potential reserves first "
It shouldn't matter, but it *could* be partly psychological. If each drill is planned to hopefully be bigger and better than the last, it keeps the positivity going. Picking random numbers... if 3 drills result in 4000BPD each, a 1500 looks like a disappointment.
UOG and ADL *did* rise into spud.
Show me some oilers that rise in the first week after spud.
I hope that's not financial advice you're trying to give ;)
I'm here for Colter. If it doesn't work out, then I'll take the hit and move on.
"Oh how i would like the wise to advise on what I should do next"
Perhaps take some personal responsibility? You're the one that held through thick, thin, thinnest, thicker and today's spanner in the works.
Well... not the RNS I was hoping for!
From interims:
The Group held a cash balance of US$1,164,000 at 31 October 2018
I'm annoyed at this... I don't mind a placing to move an asset forward but I don't like the suggestion of inside info and the semi-public posting of it in advance... which hurts the SP and the terms of the raise.
He has thousands of Tweets, i'm not digging through them. Do you know if he's suggested an ADL placing multiple times over the last few months?
Where have you been since Jan 2nd while the SP was generally going up?
Utter s***e. That is not how the real world works for a list of reasons that have othing to do with ADL.
The article doesn't even explain how it "works" it just repeats the fact that it's happening.
Reported
Giving yourself a 3-month window? Could you be any more generic?
SP/volume pretty much always cools off after spud. People have had weeks (months?) to get money in if they wanted. News or leaks or BS traders making up stories about leaks will be the catalysts for the next big move.
For holders, this is the time to sit patiently :)
There's been enough (too much) talk about the spud over the last week.... let's see some good news for Bunga Mas!
3-5p
MCAP today is ~£3.78M at 0.275p
That's a joke, right?