George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Tidal
You write
"You literally have situations like €0.005/€0.015 [ask/bid] which, imo, really says a lot. "
Where do those numbers come from? The current spread is 1.0 /0.9 ask / bid here and in practice when trading the spread is often less...
Hi Kiwitwo,
90p ! That might take a while!!
0.9p possibly but it has to be twice that before I break even here.....
Why are people so negative?
We we happy to buy in at 6 or 7 p when they were drilling.
Why won't this go back up now that the drill is in place and getting fixed and will be operating in a couple of weeks?
Great entry price right now...
Dai2belts:
"So you have to question He1 competencies releasing an update that seriously weakens their position to raise. Twice now.."
It's called managing expectations...
What would you say if they said nothing and the shares crashed?
At least you know the risks
Denfos; What about ships, trains, lorries and other currently diesel powered heavy equipment?
Airplanes are not the only option.
I think the fall in price was a massive over reaction to relatively small decline in income.
IMHO patience will pay off
Answer from Jeremy Hunt:
We are always open to investing in new technologies, and in this country we are extremely good at developing them. We will continue to look at all new opportunities, including things like tidal.
So no change then....
Still no government money apart from CfD, which isn't enough.
Interesting stuff about share price and placements etc..
But at the end of the day its all about geology.
Is there a helium reservoir, if so can it be drilled into and the helium extracted?
If the answer to these questions is yes then any long term holders will be rewarded.
I haven't got time or energy for day traders...