George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Not expecting a 10 bagger here necessarily here, but I do think this will multi bag based on Zim alone, and will certainly multibag if they hit copper early in this KCB drilling. How many bags is open to question and of course depends on success with the drill bit. But I do think BT actually moving to Zim is a serious sign of his conviction and commitment in KAV 2.0, and also his confidence of success. I think he owns about 2% of the company as well, which I'm sure is another motivating factor. So I think this is a good a time as any to be in KAV with all the activity they have coming up this year, and I fully expect the share price to end this year well north of here. All imo and GLA
It's actually not a bad thing that we have range traded a little through the various levels. The more price does this, the more sellers at those levels you are able to clear. It hopefully means there are less of them each time, and less of them when high volume buying returns/news lands. We should start to see a pick up in buying as we start to get towards "end of April".
Is OMI known for being a leaky ship or does BG keep things close to his chest until the RNS lands?
I'm surprised He1's share price has held up as well as it has given the high likelihood of a fund raise there. Both He1 and Hex will be out in the field in the same quarter. They might end up splitting the AIM punters between them, which I suppose isn't great for either really?
Bhargav - make up your mind man because your posting is all over the place. One day you’re positive and the next day you’re negative. With views like the below, and so little faith in the BOD, why have you bought shares in recent weeks? I don’t get it.
Just have to listen to this interview (again) to dispel any such doubts imho.
https://www.youtube.com/watch?v=9a1sFDBvRc0
The selling has killed any share price rise and has been non stop. The fact that we still haven't had the Loukos RNS hasn't helped matters either, especially now well into April. The way things are going, you don't know if the next move will be back up to 10p or back down to 8p!
Thanks both - so if the sidetrack itself is successfully done, is that basically party time, or is it possible that they might still not get an increase in the bopd i.e. are there any other risks/things that could still go wrong?
The pre admission shares are still being dumped here. Who knows how many are left, but we won't know what the low is until they are all flipped out.
I think 10p for sure. It still seems to have a lot of churn to get through and has investors who got in at 1p and 5p, who are taking profits.
If funding was close, I am sure Naheed would be shouting/hinting from the rooftops about it. After all, we're talking hundreds of millions of pounds of capex. There has been nothing from her to suggest any funding is imminent. It would also be an odd time to consider the new project of £200k. It will be interesting to see if she gives any specifics re funding or any kind of timescale for it as part of the next Q&A.
Looks to be going the other way right now. Very difficult to fathom the current share price given the macro fundamentals here and near term drivers coming up. This seller or selling just seems to hammers any rise/counteract any periods of buying.
Lobo knows his stuff when it comes to the commodity sector and is a highly respected speculator in America/Canada. This was a real grilling by him and BT responded superbly. What it shows is the genuineness of what BT was saying, in that he was able to respond to every point. Key takeaways:
-KCB drilling to start in around 6 weeks.
-Looking at generating revenue from the tailings dump within 4 months.
-Upscaling existing production within 3 months.
-Access to a 40 million funding facility if needed.
Very exciting period coming up here for sure and can't wait to see what news KAV puts out in the coming weeks and months. GLA