George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Like everyone else on here, as a shareholder the more I see my shares being sold cheaply on my behalf the less likely I am to reinvest. Who knows, this might come good, I’m an optimistic type. But It gets to the point, doesn’t it, where you have to stop buying the dips and save it for the legal fees one might need to challenge the insider trading and cowboy attitudes of the board. LR seems to think we are just cash cows that will fall for the same trick each time…like gambling addicts, or Tory voters.
Still hodling this, but I cant help but feel this is being suppressed deliberately. Its my understanding in the fundamentals and the background of BMN that keep me invested ( I still top when I have some free cash). In my opinion a few years is not a lot of time for a disruptive and emerging technology like this to establish itself, and the share vandalism and trading nut jobbery will pass, this still feels like foothills to me, my sights are considerably higher. All the best everyone, just had my second jab, so feeling even more optimistic ;)
To anyone reading Gam2's negative posts, here's what he said a year ago (which you can check in his posting history) : "This is a brilliant asset that doesn't come along to often." ...Gam2 is a pumper-dumper, best ignore.
Iv'e been a bit quiet on here lately but even if this moves up through 20 or 30p its still stupidly cheap. Iv'e never owned such an undervalued share TBH, so have been happy to sit through the last couple of years of reading the banter on this forum to see the re-rate. Miners season is starting up, so happy to holding.
Been catching up with the messages here. Too many kiddies in the stock market these days expecting quick results without spending any time learning to understand how companies are run and how ‘good news’ is achieved (and hard won). In’t old days you’d buys your shares and sit back and smoke your pipe for 10 years..... now it’s 10 minutes. Companies don’t work on that timescale, because they can’t.......all the jibber is about wanting more news etc, we live in a world where a planning application for a mine can take a couple of years FFS... . It’s currently a race to the bottom for EUZ not because of AIM or the BOD but because of you guys and your juvenile impatience, youre following the day traders patterns and augmenting them with all your panicky buying and selling,........it just makes things worse for you. So: grow up, learn to read fundamentals, and if you can’t take market movements on the chin then **** off and buy lottery tickets instead.....end of rant :)
Happy new year everyone. Im still fully invested here in case anyone was wondering :) Ive got bored of the day to days of the SP so just sitting tight and keeping quiet. Engaging with punters on AIM this last year has been a little bit like walking into my local Ladbrokes on a Friday night (which is situated next to a pub). I am sincerely hoping that intelligent/fundumentals-based (and not sentiment/panic-based) investing can return to AIM this year, its been like crypto....a race to the bottom led by thick children on sugar-highs......
So if we compare the predictions below it varies from 8x current value to 38x current value, and personally I’d say the lower (40 million) valuation is overly pessimistic...... not many shares undervalued like this on AIM at the moment :)
LR really does need to work on SH communication though. A few months ago I was needing to move money around urgently, and needed to check the EUZ latest financials, they had gone missing from their website. I emailed to let them know and to ask for a copy. They never responded, as a result I sold 30 million shares to invest elsewhere. Turned out to be a good move for me as I bought them back cheaper a few weeks later and reduced my average. Still holding out for the SP to start reflecting the asset though.
Been away today. To those new to nano-cap AIM, there IS no wall between brokers and nomads, get used to it, and , yes, MM’s are involved too. So forget your ideas about the ‘rules’. But, even they dont want to destroy companies, its simply not in anyone’s interest. Just do your research and be patient, the adage ‘Buy low and sell high’ Still applies on AIM, and right now it’s lower than Donald Trumps pants backstage at a beauty contest in Moscow........