George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
And of course one of the big differences between AIM and Main market requirements is properly audited accounts. So having an experienced finance director on board is going to help with the move, BMN already exhibit a high level of main market-style reporting and market transparency, (and I should add that there are surprisingly few requirements under AIM rules to do so) not too far from being ready for the jump IMO.
I think part of the problem here is that there are two distinct things in question, the company and the asset. We have a potentially world-class asset in a mine-friendly Central European jurisdiction in the hands of Bevis and Butthead. My money is on the asset., naturally, but i wish B&B could hand over to someone who knows how to better manage shareholders expectations.
It’s very hard to imagine this share having any more downside. When it was .17p it didn’t even have an SS, now it’s got well beyond that. ....buying shares now should be classed as robbery. I’m looking forward to the following weeks.
To the bottom of the rollercoaster. With not one tangible piece of news since the new director took over in May, what on earth where these clowns expecting ! ...I think I might be the only investor left here, and that’s only because I forgot to sell when I had a chance. Guess I’m going to have to wait for the inevitable buyout.......as I appear to own 100% of the company that shouldn’t be too hard to arrange......
Given the confusion that PI’s had this morning fathoming the RNS, which explains all the comments about the language used as opposed to the numbers. Can anyone on here recommend a good online resource that covers the basics of how to assess and read mining reports and exploration results ? I am asking because we have the attention of a lot of twitchy newbys right now, who might benefit from an insight.... and who have already displayed their lack of understanding. An educated PI is a good PI yes ? There is some info on mining.com, but it’s not very exhaustive. ....
Of course makes difference to where this is heading. It’s due for a 300% rerate before it even starts looking ‘undervalued’...let alone reflecting the value of the asset. right now it’s essentially a ‘free for all’ and the market knows it (IMO).