George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Can anyone help with the following?
let's just say there is a buyer in the background ......With so many parties involved and holding large chunks of solgold, how is the sale or part sale resolved ?
for example if BHP wanted cascabel how do they buy it ? what is the process of keeping shareholders happy?Do they just say offer 50p and if the majority agree they are able to force it through even if some share holders don't agree and want a higher price?
This all appears to be a bit of a mess.
Thanks in advance
rednight1,
How will this work in your opinion?
There are so many companies involved in this peice of the pie I have lost count.......
I doubt this will be over by year end .... As it's like a continues bad dream ......
How the f$$k did we get here with such a great asset -assets?
Nick must be in the hurt locker at the moment!
I have completely lost faith here!
what a shambles this is fast becoming ......
50 million of new funding will last how long until we need another begging bowl ?
Time to concede and hand this over to the big boys and walk away with the shirt on our backs at best.
Seingred,
For what it's worth I don't blame people for trading this share..... I would rather see steady gains, steady news and a steady pair of hands at the helm.......(it's not happening here at the moment)
We are at the mercy of MMs and Majors.
The big Guns (majors) like a yes man.......(Brad)
Be careful what you wish for .... Look at SOLG they got rid of Nick Mathers and the share price goes to to S**T!
We are always at the mercy of the majors as they have the funds to drive the project forward....
Hopefully we (the minions) will get a piece of the pie at some point .
just my thoughts.
There's always a trade off of having majors on board.......
like a lot of people mentioned here they are a law upon themselves and can pretty much bully and badger private investors into accepting unfavorable terms.
I'm optimistic our resource and JV phase 2 will create the ground for a outright buyout.
Patience as ever is always required.
The majors are in no rush to get this share price north of these levels, but it may change with monster drill results.
I think most shareholders would be happy with a takeover at this junction as this is dragging out a bit now.
In the past I never worried about this bouncing between 30p -40p (those were the days)
Not got a clue where this is going now...
Cuvio,
I think we are all due a bit of luck -break here at some point.....
There is new research that indicates the more you catch covid the more potential damage your doing to your immune system .....Some people wont have the luxury of not wearing masks.
Surely, the filter system is an Insurance policy for vulnerable patients in hospitals, Airplanes, trains, care homes etc
I still believe the BOD -along with Volz will deliver a product that will help prevent the spread of infection ,pathogens, Sars3, or whatever is coming our way in the future.....
They are moving at a snails pace though and the concern for me is they will run out money. The clock is ticking and they need to pull their finger out sooner rather than later.