George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Strangemartian,
We just raised £2.5M with a share placing (diluting us by about 6%).
We now have cash in the bank to begin drilling 3 of our high grade projects.
As/when results come in, expect news incl JV's etc
That was my concern Napthman, and I originally came back in to UFO because of Los Campos, San Celso and Don-2. I've wanted to know what's there for years. With EH and Hammersley now too not to mention Greenland. I couldn't bear to miss the news.
Livestock, There are many others out there with drill results coming in now that other holders/watchers of this share have large holdings in. I'm sure many will be back just as our news comes in.
If I had anymore money I'd probably buy more too.
Just to be clear on my position,
I didn't sell at 3p because it is still a long way from my chosen selling point. Not because I missed the opportunity.
I know traders will see this as poor form but I am investing for my future.
Cheers Max,
I can only see good things here.
I haven't really got the stomach for trading. I bought a shed load when they were sub 0.1p, nearly had a heart attack when they were 3000% up in no time, thought it may have been a bit too quick. As I just mentioned, now waiting for the good news to send this soaring again.
I feel I could be within a year or two of retirement.
GLA
Although these seem like hard times, it must be remembered that this share went up 3000% in 6 months and is currently resting at 1000% up.
As drill permits and drill results start coming in, the true value of our assets will be revealed.
Patience is required until the next SP increase, which I think will leave 3p far behind in the dust!
I don't know where the SP will be tomorrow. I'm happy to buy more at his price, so I guess if they go down tomorrow, I'll try and buy more.
Whoever is holding the price back, probably so other II's can get in cheap, it'll be over soon.
I'm not a day trader so in a few weeks/months I'm sure I'll be very happy.