George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
With a tiny market cap of just 38m and first mover leading tech in pole position for cleaning up in the Metaverse, it's not rocket science to realise that Bids represents a prime takeover target. Why all the interest and deals all of a sudden? Expecting a swoop with at least a 20-30p bid price (and ridiculously cheap as chips at that) based on market position and potential alone. The Metaverse changes everything!
When this finally blows, which it will, it has to be in for at least a 2x or 3x in anyone's books for fair value, providing you have the stomach for manipulation along the way.
Rise, retrace, rise, retrace. Can't keep rising indefinitely without an inevitable retrace then rise to the upside again. Hold steady unless you're going to trade the action. Not selling here as believe there's much more to come, as in a lot, lot more. May take some chips off the table as it approaches 1p but will be back in once it breaks that resistance to the upside. DYOR.
There's bound to be a slight retrace at some point followed by a continuation to the upside. Expecting a stream of news to establish support at key levels. Genuinely believe there's some explosive news in the offing which will see a rerate way beyond ath which will mean many substantial holders should see life changing gains.
The rise has barely begun. Expect retraces along the way but the MMs want your shares and will pay to get them. Only reason it hasn't exploded massively more to the upside is because weak hands are caving in and selling now, taking pennies on the pound for their holdings. Just imagine how those who sold out yesterday feel with todays rise? Weak hands will be looking back with their head in their hands in the not too distant future thinking 'my god, what have I done. If only I'd held'. Am expecting much more news to flow from this. Early days, holding and increasing. GLA
Can't wait for the RNSs to start flowing. Agreed £4-£4.50 by end of year, onwards and upwards in the New Year with huge upside to look forward to unless there's a private equity approach which may well come in, possibly @ circa £10 per share?
With the latest whopper of a deal, the scale and import of which has not yet been anywhere near fully absorbed and with all the potential surrounding in game advertising in the Metaverse - Sandbox, Decentraland, Axie, Alice etc, Bids are in top spot to quite easily 100X over the next year. Time for more than a top up here methinks. Don't want to be regretting not having played an absolute blinder in a few weeks or months time.
When the import of this deal is fully realised and absorbed, hopefully we'll see the share price reflect that with a surge above 20p min.
Exactly what it says on the tin. It's a bold, BOLD claim. But it's not just a claim, is it. Back up and look at what is backing this up. The mineralisation analysis. George isn't just TRYING to tell us something here. He is, as far as he is able, shouting it from the rooftops. Now people just have to WAKE UP to the factuality of today's news. Let those who have eyes to see, see. Let those who have ears to hear, hear. This is an early Christmas present. Bonanza, Bonanza, Bonanza and shouldn't be long before this gets through to the SP.
You're spot on with that analysis. Pluto WAS a genius move. Argo are not just another mining company. Far from it. Aside from being one of the most efficient miners, if not the most efficient, they are also immersed in Web3, defi, IOT and the metaverse. How many people have any idea that we own essentially a Venture Capitalist arm in techs most innovative and lucrative space.
Blockchain and defi - in terms of democratisation, trustless and transparent systems, the colossal impact for society and government on a global scale cannot be underestimated. At it's ideal endgame the power structures that exist today will be replaced. Monopolies as we know them will no longer exist. The playing field will be levelled. Too idealistic? Sure, it's hard to get one's head around. Scary? Certainly, for the existing power structures. An easy transition? Probably not but Pandoras box has been opened, the future has been glimpsed and it is coming, guaranteed, unless we blow ourselves up beforehand.
Argo Labs pursuing world of opportunities in Web3.0, IOT, Defi, NFTs etc. We could all benefit from a deep understanding of the potential for huge upside from this division, something which is largely going unnoticed presently. There are projects founded in this space with market caps in the high billions. So realise this - Argo Labs or a project therefrom could well be spun off with a similar market cap. That's the take home. They are on the ball and at the forefront of the biggest revolution in technology ever witnessed on this planet. No wonder there appears to be increasing interest building from savvy investors. IMO an absolute steal at the current price.
Thanks Degsie. Just to clarify, it is the potential of a sample of gold that is to be linked as the representative physical non fungible counterpart of a non fungible digital image of a (cartoon) nugget with a unique name. Stephen, may I respectfully suggest that although you may have done some research, your tendency to lump all crypto together under one umbrella, citing the example of the infamous rug pull that was Squidgame is missing the mark entirely. Go check out what Damien Hirst did on Heni with The Currency. Go check out Cypher Punks and Bored Ape Yacht Club on Opensea. Then take half an hour or so to consider the proposed similar model for Alba. If you're not excited by the potentials after such an exercise then I don't know what else to say really.