George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
On site next week, probably get another update.
https://twitter.com/JB_MiningAfrica/status/1613813258271481859?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet
Was that 3.5 million in buys that just showed up?
RNS out from earlier today that didn't show up on here. More good news.
https://www.investegate.co.uk/marula-mining-plc--maru-/prn/exploration-activities-commence-at-the-bagamoyo-project/20230111120214PBF89/
Wonder if we're due some news, hence the buys and the rise
Interview later on stockbox media
https://twitter.com/JB_MiningAfrica/status/1613053223954268161?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet
Found it.
-- The Placing proceeds will give the Company an expected cash runway through to start of production of the New Commercial Order, and then upon completion of this production a further runway to August 2023.
I thought they only had enough money till August ? Can someone confirm?
Was that a 1.75 million buy?
There's so much news coming you won't not what to do with yourself, most of it this month.
As announced on 27 October 2022 and on 25 November 2022, production of the first 1,000t of high-grade lithium ore is expected to occur early in 2023 with first sales to occur later this month. The Company will make a further announcement once first sales are completed.
The Company also announced on 27 October 2022 that it was in advanced discussions with two African focused mining investment funds (“Investment Funds”) on further investments into the Company, and those discussions remain ongoing. The Company will make a further announcement if and when it enters into any formal agreements with the Investment Funds.
The Company also announced on 30 November 2022 that a 73% commercial interest in the Bagamoyo Graphite Project had been secured, and plans are progressing to commence site activities in January 2023.
The Company will be releasing its quarterly activities update later this month for the 3 month period ending 31 December 2022.
exactly 13 minutes into interview
https://www.**********.co.uk/articles/alan-green-talks-about-poolbeg-pharma-georgia-capital-marula-mining-b8602ad/
and
https://www.youtube.com/watch?v=zeukL6JuqqM