George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
I have literally lost £40K, so I am loathe to throw good money after bad. IMHO, the guilty parties will place, layer & integrate the money. Even if the case succeeds, there is no guarantee of recovery. I worked in County Courts for over ten years, so I know the pitfalls.
Most of the LTH's have lost a fortune!
Personally I am down £40K, luckily most of it in a Drawdown pension. I was NOT going to throw good money after bad averaging down, so I have little or no chance of getting my capital back.
I appreciate everything the SHG is doing, but as we know from the PO scandal, we could be waiting decades for restitution.
That is your opinion Vc, & you may well be right. That is the nature of global stock markets, you win some & you lose some. The key is that all investors should have their eyes wide open before parting with their hard earned.
Having said that, COPL is an extreme example, where major decisions have been flawed, directors being paid mega bucks not doing their , & shareholders treated like dirt.
There is always hope, so I will bide my time. If fraud is uncovered then so be it, we investors are always last in line.
Just calling it how it is Banksyy!
From a business point of view, taking a new CEO role is pivotal going forward & I would have expected JC to reach out to his shareholders with his vision & a high degree of positivity.
What did we get - NADA!
Hi Eazy, that is NOT my experience & I find it extremely rude & disdainful. I am obviously not expecting any substantive, however an acknowledgement that I exist would be a start. There has been NO personal interaction from him, NOT even a brief interview. "Moving through the gears", would that be in neutral or in reverse?