George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
NoelShempsky - we are all very frustrated and disappointed that the markets do not see the value of the company. Many of us are underwater at these levels. One thing that surprises me is how angry you are that the share price is so low. I well remember your correct prediction earlier this year when (contrary to others on here, including me) you stated strongly that we would see sub 40p. You were very clear on that! Surely you would have sold when you knew the price was going to fall? And you did know. And you were correct. So why keep posting that you are fed up if you already took your own advice and sold? It just doesn't add up.
Agree with Simms below re: warrants - which leave a sour taste for me. Too many shares for the boyos for my liking. i am not a long term holder, only 18 months so far, so a relative newcomer, but already underwater and not intending to hold any money for top ups at any price. i will be out at break even, sadly, as I think the assets look good (I am a geologist), but the execution has looked amateurish. I think the appointment of a CFO and mine engineer are both very positive and overdue, so I have some hope that we are on the up.
How interesting ISA, almost identical to my experience! I now take minimal risk with the Sipp, no input from me to professional. Only have CEY and CNR in my trading account, which is going sideways ATM. My wife, on the other hand is making ridiculous profits in oil and tech and NG. I can't persuade her to put it into CNR, which is probably a good thing. I still expect to have the last laugh.... one day.
I am trying very hard to stay positive here, but there have now been a series of missed deadlines regarding land purchase, plant purchase and financing plans and my faith in Mark is wearing thin. Our window of opportunity may not be here for long. He talks the talk... can he walk the walk?
I hear you ISAPENSION, but to be honest, Mark has already been open as far as he can be and has told a great story! It is now time to announce some real, RNS notifiable progress in either land purchase, toll mining, plant purchase or finance plans.
It is that simple, everything else is froth.