George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
TP - read above below & between the lines. AM has been silent since the middle of January, & we are now looking at around eight months since the "large oil company" was mentioned as having made anapproach. We cannot develop a 1B barrel discovery on our own, so expect news VERY shortly! I have made reference before about Oil Search buying Armstongs assets in Canada in 2017. That deal took around eiight months to come to fruition.
There has NEVER been a better time to buy this stock!
Just my IMHO ATEOTD.
I am 70% down on my initial investment, but nothing will persuade me to sell. I have been here around two years, & recognize a lot of bluffing when I see it. There are so many comments on the SP not reflecting our assets in any shape or form, & I can smell a rat. The silence has in the main been deafening, which leads me to believe that something big is or has already happened in the background. Why have the RBL/JV taken so long to come to fruition?
Don't sell for peanuts - you will be bitterly disappointed!
This link was posted earlier in the day - it is not the most outlandish possibility, given our current postion:
https://www.griproom.com/fun/10-signs-your-company-is-about-to-be-acquired