George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Bargain, good points. We all have different risk-profiles. I'm naturally cautious with talk of "all in" and "the sp should be X when this happens". Junior miners are variable and uncertain creatures, even when a big mining brother or financing company is involved. I remember many holders of SXX and HZM that couldn't hear any contrarian view to the certainty of operational success and multi-bagging.
I'm surprised but pleased at that reaction to the update. Maybe the market was expecting much heavier outflows or is pleased by the new appointments? Something else?
Nothing is guaranteed. And there are reasons why the market has marked MILA down to this level. What's the point of ramping? Let the teams do their work and see if the potential can be proved up and what if any options for accelerating the development and value of the resource can be secured.
Mila has potential but nothing is guaranteed. Let us see what the actual results are from the forthcoming drills.
Some soft signs of optimism. Let us see if revenue momentum from Q1 has continued, if conversations with Meta and other platforms materialise into any transformative financial deals and it imminent BOD appointments do open up the US educational space even more.
If BEZ touches Jeffries target of 975p I'll be flabbergasted but delighted. Even if it "just" gets to £8, I'll be thankful. We shouldn't build our investment decisions around brokers and this value estimation models though, no?
Not sure if I buy the narrative of things being fine after customers' inventories are back at normal levels. Would have expected a stronger statement on how they will more proactively pursue higher-value sales mix.
Let us see if this crosses over into £7 territory..
Let's see if LIO's sp will ever break back above £10, given the challenge with declining AUM, the move into passives and the continued coolness to UK equities. It now seems like a dream that the SP was once above the £20 level....
Jamesss, sometimes the market just moves slowly in its repricing....
Mr.B, I'm not sure if the market it will see it that way. ..but let us see...
Carmzy, some would think your description of the current government is still complimentary, given how shockingly poor their results, behaviour and rhetoric has been for a good while. Thankfully, PRSR have different timeframes and factors that can hopefully carry them through any remaining mess that Ministers may unleash before the forthcoming election
BEZ and its BOD are a good outfit. The sp may have space to run up further and the focus on returning excess capital make it worthy of consideration as a buy