George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
AlfaMale... thanks a lot for your kind words. I appreciate it. Sorry if I have been rude to you in the past. I apologise and hope you too, make your investment here profitable. I shall definitely buy back at some stage, but unsure as to when
DRS1... yes, you are 100% right. Everyone erroneously think that a strong £ is good for PMO. The opposite is true. It is the $ that makes a strong PMO and if brexit goes ahead, then the currency movements will be against PMO
Beerbull... ha ha ha! I liked that! :-). Yes, with the luck I have, Brent will now shoot up to 150$ and PMO to ££££££... :-) Good luck to you too, mate!
Sold at 83, after buying at 72 last week. Been an excellent ride. Could go higher, UT banking profits is my priority now. Seen far too often the sp rise and then crash again. Tolmount news is out now and we have had a great rise with it. Zama news will not be till 2020 in my opinion and with Brent still in the 50s, I think there will be profit taking for a while. I hope for all of you that I am wrong. I shall buy again maybe in a couple of months. Good luck all
Antigua18... I know, you are right. Currently trading at 80.36, virtually unchanged
Antigua18... I am afraid none of us here has any clues to where the sp will go from here. Those who claim they do, they actually know less than those who admit they do not
They will be released TOMORROW at 17:00 hrs UK time, so after market close
Scoredagainsteps... you are one of the most delusional posters I have ever come across in 6 years I have been here...
Enq at £ 2 or even 40p has less chance of succeeding than hair growing on my bald head again.
As for the “once we re-rate we are going to fly”, I have heard that on this board more often than people have called my name in
my entire life. Wakey, wakey!
STRONG SELL for me
Brent suddenly crashing down to 58.3.
TLW & ENQ down 2%
PMO up 2%
Have I seen that before? No.
Beerbull... Thanks a lot for your kind words. You too, mate!
Beerbull. Enjoy your weekend too. I hope health and prosperity come your way.
Dodger16.... yes, you are right. I called the collapse of TCG right and SXX too, although the latter is still trading. And either is TLW hugely overvalued or PMO hugely undervalued. No two ways about that. Enjoy your Sunday and let’s hope for health to stay with us
AlfaMale.. no. You are right. TLW and PMO should not necessarily move in the same direction. PMO has infinitely better assists and prospects than TLW. So since PMO was 135 last time TLW was 210 like now, then PMO should be around 175 now with the Zama sale soon, Tolmount etc. Not at bloody 77...
MP0818... next few months exciting for PMO you say... I say we have all said that the last 6 or 7 years. The only exciting thing has been trying to see our shares not getting to worthless status like DEB and TCG... hugely underperforming the market. Hugely disappointing and hugely frustrating
Dodger16.... yes, it was my first. When I sold at 82, the attacks on Saudi sent Brent to 69 and pmo to 96. I was gobsmacked.
But I felt that there was bug downwards pressure and it seems I was right. I bought back at 73 a couple of days ago, because I cannot believe how cheap the sp is. TLW is 210. PMO on all historical lines with it, should be around 1.20... I think BARC and UK banking shares have further upside, but no share should benefit more than PMO if Brent and markets get going again
Dodger16... so pleased for you and your BARC profits! Huge gains and maybe more to come. LLOY up 15% and RBS 12/% too... I bought back here at 73 after selling at 82, so that looks like a good move, but to still be at 77 after all the huge gains by all shares and Brent going from 57 to 60.60 is very very disappointing. Good luck, mate. You really deserve your success
PMO finished only 2% up at 77 after Brent is up to 60.40, FTSE 250 and 100 absolutely flying. RMG up 9%, BARC up 10% and RBS up 12%. Absolutely rubbish share. Still in the 70s. Dismal performance. Last time Brent was at 60, PMO was at 86. It’s 10% down now, whilst all other oil shares are up.
Pmo 1% down. Oil, Dow, Ftse, Tlw all up. We lost 6% I two days whilst Brent gained 1 dollar. Unreal
And PMO still at 72. Enough said
Whilst Brent was 57 and PMO at 76. And it’s all normal for AlfaMale