George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Probably reading too much into nothing, but taking no questions on B1 suggests he doesn't want ro risk revealing market sensitive news. I read that as very positive givem that cores needing analysis would be neutral...
But then again i am long KAV and very much waiting on tenterhooks.
GLA
I would think that most investors in KAV know that the market for KAV's shares can be fairly illiquid and, as a result, didn't commit funds they need back in a hurry (say to cover margin calls). If that is the case, then KAV should be more insulated from market moves than other stocks. Also, I would think that with the possible game-changing news in the short term that, if money were needed by some, they would be looking to sell other investments.
In any event, wider market convulsions are not causing me to revisit my investment here.
GLA
KAV and the GRS just keep on giving. At the very least, today's news has got to tip the risk/reward balance even further, if that were possible!
At some point I think that KAV is going to catch the proper attention of some serious investors (no offence intended to anyone on this board) looking for a position in advance of real interest from the majors. What happens then is anyone's guess.
In the short term, Monday's presentation will presumably give us more information and may well lead to an uptick, as it has in the past.
GLA
The drill restarted on Monday at 350m and (I think) BT mentioned on Tuesday morning's webcast that they were at 370m.
I can't immediately find details of the speed of drilling the other holes when at this depth, but if they're running at 20m per day then they would suggest starting to hit the 525-575m zone at some point on Tuesday.
Getting close now!
GLA
Pauly, I'd always prefer a glass half full than half empty! We're all waiting for what could so easily be transformational news - some prefer to think about the upside, ofhers the downside. Not sure there is much middle ground! But there is plenty of space for us all!
GLA
One upside to the selling: if you want to buy (and there are clearly people still buying) in advance of any news re B1 (including visible massive sulphides etc) then at least the SP is being kept in a good place for you :)
GLA
Some sells now showing, including a larger one on Friday. Explains the stationary price - at the least the seller is not dumping but presumably top-slicing.
No need to worry I think - in terms of sentiment, this seems neutral and is totally offset by Mr Moles' massive sign of support.
If the seller is reading this, would you mind holding off a few days and start again at 6.5p to sell.... :)
GLA
Looks like general #KAV tweets, i.e. not just the company's official tweets, are increasing in frequency again.
Indicative of growing interest and/or investors picking up the tweeting now that news coming in the short term. Anything that raises awareness is fine with me :)
GLA
https://twitter.com/Share_Talk/status/1482994198613798914/photo/2
Don't worry, Cox. There has been a steady buying pressure - with only 3 MMs, if the drip selling stops then it will start moving up a little faster.
Of course, if good news starts coming in then the SP is likely to start jumping up.
GLA
Partly answering my own question with another - back in October we were told that there would be TDEM on Ditau (I10) to be conducted "imminently". I don't think we know if that has happened yet? Or if it has, what the results were?
Unless I've missed something (which is entirely possible!)
GLA
Do we have any idea when the assays from the earlier drills will be received? I know there are backlogs but the clock must be ticking down on those.
Plus, I was just trying to recall if there is other possible news before we reach the "interesting" depth on the current drill.
GLA