George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Why can we not blame K/M he was the one that bulled us in 2019 with his word we will be shipping very soon with in months and the stockpiles will pay for the development of the mine ,
if that was misleading to the investor,
you must remember he was the one pulling the shoestrings and he must of known that was not the case then when he sent his rns out to suck us all in with his short term time line to open the mine ,
he is as crooked as a snake in the grass " it time for change no matter what the cost is if I had my way the board would be gone with in the next minute or so
K/m sitting smug in that interview knowing that he will buy some time ,
he seems to think bulling us all again with this new loan maybe for the dfs but you must ask yourself what are the Chinese getting out of it and what are the terms " K/m has not disclosed that to the investors,
the next time anything could happen regards building a mine will be in the back end of 2024 which could mean with K/M track record 2025 the loan we have now so expect more shares added and dilution from here onwards ,
kdnc is not a pretty site at all bannor seems to think we will go down to 6p more like5p and less by xmas
It can be done quite easly if you can get the numbers to follow we did it on val we all got together and the board was gone with in 6 weeks ,
new blood is needed that is for sure. I have been calling for their removal for the last 6 years and more,
if you have been in this share since 2013 your investment is now worth .15 of a penny so were is all this bull sh.it of great returns on the assets investments they have made for us the only returns they have made is in their pockets