George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
We can get decisions in principle like when you make an offer for a house with the mortgage in place. That's the impression I got from SD in recent interviews although yesterday he was slightly coy about it
GLA MFU
Positive day all round which I am not gonna lie I was afraid of a bloodbath as I made the mistake of staying late last night to hear the NCM announcements. A couple of thing s I expected a bit more clarity on today which hopefully will be forthcoming shortly;
1.What is our cash position in terms of outstanding NCM loan-as SH's I feel we should know how much of the $50m we still owe so we can be in the picture as to surplus from the $60m
2.Shaun was a little more reserved than he has been on the subject of bank funding. Previously he has been very bullish that tier 1 banks are queuing up however he was unwilling to add any progress made when asked
I am sure all in hand but something many of us were anticipating news on this afternoon
GLA MFU
daveri...possibly
For context what ball park do you consider "low ball" ?
Personally less than c£65m
GLA MFU
Hi Zoros
Yes agree I was meaning August at NCMs results for MRE2 not tonight for any resource increase
Cheers MFU
Hi LA
I am curious as anything under 6.5m eq will demand serious questions of NCM. I would be happy with c7 to 7.5m knowing how conservative they are and that we might provide our own update shortly after of 8 to 8.5m depending on any further hits tonight
GLA MFU
2m shares and as disappointing as things are I asked myself which would you be most annoyed at...losing the 8k if it folds or cashing in now and watching it go to 3p again like a couple of years back. So I decided to hold and buy another 500k just now
Hopefully it will pay off as the tech deserves to succeed
GLA MFU
Quality ponie...uncomfortable but totally spot on
GLA MFU
Exactly jtop7....and by the letter of the bid price law we have actually finished UP today !! Finished yesterday at 12.1 and finished today at 12.2. I only have a Maths CSE (yes I am in that age bracket :)) ) but I reckon that is a 0.1p increase lol
GLA for Wednesday pm/thursday am
MFU
Cheers Z :)))
At first a few of us thought you had wind of something behind the scenes that might be exceedingly good. It was not like your usual down to earth posts !
Thanks for responding and clarifying though .GL MFU
Zoros I like your post's generally. But you are taking the huntley and palmer talking of MUD and fairies when you stated just 1 week ago ;
30 May 2022 17:19
"Maybe, just maybe, words out that the 5% has just been agreed..........hold tight greatland golders!"
Despite being asked on several occasions I have yet to see your rationale for such a bold statement ??
GLA MFU
Zoros? Not like you to speculate without reason. Hope you are right!
GLA MFU
CD has kindly alerted GGP holders to the threat of inflation supporting an increase in Capex costs by potentially a significant margin.
"Inflation issues, could NCM bump up the $73m Capex estimate to $100m?"
Would you care to enlighten SolG pi's how the same inflation risks might affect Solg and the Capex potential here? As a Solg SH I am interested in your assessment
As you only have the best intentions of the SH community at heart I am sure the pi's of every other junior mining stock going to production in the next 18 months would value your wisdom on the global inflation issues -or is it just GGP that deserve your special attention ?
GL to Solg SH's
MFU
Does anyone remember Costa saying his favourite beer was Quilmes ?? :)
No I am not already thinking of drowning my sorrows on a monday lol :))
GLA MFU
Paddy Rkama thank you for the info
I don't get though on a tracker why a reduction of 85% of holdings ?? It's totally out of proportion with the ETF itself ?
Help please !
GLA MFU
plus these....
27-May-22 16:37:47 10.50 3,443,008 Unknown* 10.90 11.10 361.52k O
27-May-22 16:37:47 10.50 3,443,008 Sell* 10.90 11.10 361.52k O
27-May-22 16:37:00 10.50 262,378 Sell* 10.90 11.10 27.55k O
27-May-22 16:35:02 10.50 14,653,080 Sell* 10.90 11.10 2m UT
What does this mean anyone ?
GLA MFU
and FWIW HL are currently offering to take 1.5m shares in one go at 10.80 so suggests someone is hungry :)
GLA MFU
PS-Massive thank you to Bottle fabulous session. Look forward to part 2....can I be mischievous and wonder why the short delay editing ?? Mr Day didn't spill any beans did he that might have been a tad sensitive !!
Hi Paddy
Not wishing to confuse matters but one of those 10.88 transactions was mine ...and I can assure you it wasn't a sell lol ! :))
So we had a short spell where sells were around 10.92 and buys were 10.88 ....not sure about the 500k one though.
GLA MFU
and not a diddly squat on the SP ....no manipulation going on of course :((
27-May-22 14:05:10 10.968 154,888 Buy* 10.80 11.00 16.99k
27-May-22 14:02:49 10.90 179,000 Unknown* 10.80 11.00 19.51k O
27-May-22 14:01:26 11.014 272,374 Buy* 10.80 11.00 30.00k O
27-May-22 14:00:01 11.00 161,500 Buy* 10.80 11.00 17.77k UT
27-May-22 13:58:23 10.90 137,614 Unknown* 10.80 11.00 15.00k O
27-May-22 13:57:43 10.97 227,894 Buy* 10.80 11.00 25.00k O
27-May-22 13:57:09 10.98 250,000 Buy* 10.80 11.00 27.45k O
GLA MFU
Interesting trade just popped up;
19-May-22 11:36:00 11.46 3,000,000 Buy* 11.30 11.60 343.80k
Worked buy or sell ?
Hopefully a nice chunky buy taking out the morning sells
GLA MFU