George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Agreed in 12vmonths maybe they may need another cash injection. But listen to yourself for a minute.... In 12 months.... In that time we have new cars to be relesed, F1 and who knows what, every business is going through the same problem due to COVUD with needing funding so think your getting a bit carried away here!
After the rights issue dobt forget brokers had 2 million left to place which went for 58p so really no one at all is making any way forward yet, even they are at a huge loss so has to stop at sone point, think they are playing till results on 13th?
I agree people can't be selling here in panic. More getting out and closing shorts. I do find it funny how the staggered trades are coming in and the times are all over the place. Being suppressed for sure until whatever in the background is done!
Don't you love how this board has been relatively quiet until it drops below 49 then all the negative comments from the usual suspects come back, yes it may drop further who knows! But don't say, I told you, its going to 40l etc! No one knows