George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Me too Matty, despite an already large holding that I’ve held for a similar time I’m buying whenever I can at these prices - I am of the opinion that there will be many wishing they’d done the same in the not too distant future, but each to their own!!
“Mh you could say that but to be fair they have had almost 4 years , sd is in it for the wage and options atm”
Freddie you need to look beyond the trees, you’re so focused on sniping at Hydro et Al you can’t see what’s going on before your eyes (albeit under a cloak of silence at the moment!) I’m seeing ducks lining up over the horizon!!!
I might be wrong, but surely Bamps is suggesting that the AISC of Telfer alone is likely to increase to possibly near 2k due to inflation etc, but surely adding Havieron into the mix would bring the AISC of the dual entity down massively!
Indeed eye watering! Gold may be at the start of a massive bull run now, but it won’t always be the case - the numbers aren’t so good at 1500 gold so hopefully, if we do end up with 100% + Telfer the AISC is nearer 1000/oz than 1500/oz
Could be that Mr Forrest helps us buy back the Farm, Telfer, Minyari and why not, Winu too via Wyloo - once he/we have it all consolidated under the GGP banner, he swoops in with a mahoosive eye watering offer to buy the lot and us shareholders sail off into the sunset with our pockets bulging! SD and the rest of the rockstar board already in place nail a new name plaque to the office door and continue as normal without all us flaky PI’s
All mahoosive conjecture, but wouldn’t surprise me if all or some of that came to pass - let’s see!!
Assume your numbers are also based on our 30% of Hav alone MH01 - what if that percentage changes for the better? Throw the ageing Telfer in for SD’s famous $1! Add in a HAD 5 type hit at Scally or on the RIO JV and suddenly 80p sounds a bit DErampy!! Sooooo many variables and possibilities in play here - SD and his big hitting BOD are not here for 30% of HAV , they have their eyes on bigger prizes than that and all we need to do is hang on to their coat tails (our golden tickets) to be part of it!!
GLA
Yep SG, I just did a dummy sell for 2.4 mill shares - MM’s happy to take the lot in one go at 5.85!
So nobody want’s them eh - bullkaka, don’t let the troll’s part you from these golden tickets is my humble opinion!!