George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
"Never I am not quite sure whether you can say that. Yes we know how long a farm out can take an JA has had years of negotiations. There is a rush now as we have an extension until next year. We won’t have years and years to take our time and negotiate."
Farm out negotiations only started in earnets when the licence was extended and the drill contract signed which was very recent. There is no rush. we have until end of June.
"Kever- try to get your head out of your ar** and please stop your JA worship. Beyond pathetic."
I am not worshipping JA at all. Clearly you have no ideas to how things work when its comes to negotiating a farm out. There are multiple parties involved (at least 6) . There is simply no need to rush any deal at all. if you can't wait then sell and move on.
life is too short charlie boy but you post on the trp thread very often despite thinking the compamy is ****
if posting info on trp is ramping then yes i am guilty. also i am not in any hole. i am here for thali to get drilled.
Lying kever.
Posted 19th March 22.46 2024.
When finance RNS arrives you won't be paying 0.02p, I can assure you.
More like 0.05p on the opening bell.
Yes I expect the above to happen on asset finance news. This news hasn't landed yet. It will soon. You said I had mentioned 0.1p on licence extension which is a downright lie.
"ASAP , the rig company will not hold the slot forever , if another PAYING customer inquires and we have not firmed up the deal. "
The rig slot is booked for July/Aug and TRP have paid a deposit to secure the rig. TRP have until late June to get the finance sorted. Plenty of time.
"Not the case he has presented timelines for drilling program , not just a single drill and it was not for this year"
Timelines given are not set in stone. It took longer than expected for the drill contract to be signed and the licence extended. Both issues out of TRP's hands. of course if you were CEO these matters would have been sorted in days.
"Local bank finance was also in an rns , paperwork if not TODAY in the next few days, that was 2 Septembers ago."
Visittimor I suggest you go read some recent RNS's. The Cameroon BGFI bank finance has been off the table for some time.
"On the other hand the famous line of ‘talks are progressing’ has been dragging on for a number of years."
Lots of preliminary talks will have happened over many years. The serious talks will only have started since early FEB when the licence was extended