George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
It can always go lower... it's the ups that will be significant...I'm underwater here too. I can stay in MSYS and wait for news, we exploded last RNS, but without sustained news flow and sales we will trade sideways and walk back. Dont get diaheartened. Poor chaps on the Sareum board, some have been in that for 15 years, only just getting a pay day. This has a shorter road to contracts, sales, enhanced profitability and a rerate.
Equally GAW to 20 years to reach it's current dizzy heights.
Going by the last trading update, they raised 10million, how much of that is left is unknown. They do need to act quickly though. I dont like the title sucker stock!
I always knew this would the kind of hold that could make the palms get sweaty... not sure when these damn warrant holders will be done.
Yes they'll take anything that's not nailed down.. quite mercenary. Surely this can't be doing them any good...
https://www.stockopedia.com/share-prices/love-hemp-OFEX:LIFE/cash_flow/
I dont have premium access.
We can call out people anytime that their ramps or deramps are blatant, but at this time nothing is happening. There must be other boards to frequent in the meantime? it just isn't worth it. You will get worked up and really into a totally meaningless arguement. Wont change anything or make you feel better. Also if someone else is researching COIN and sees a 2 way range of negativity they will be put off posting or even investing. There are some holdings I have where I simply ignore the BB as it is toxic. Let's keep COIN BB pleasant and polite.
Coinsilium is bottom draw until we get the NFT platform rolled out and big name adoption. It's an exciting space, but early days.
I do feel a little disappointed to be well below 20p, but with positive news flow and maybe some more mainstream promotion of NFTs we will hopefully see coinsilium rise once more.
Anyway everyone have a good day. We have solid fundamentals here and an experienced BOD doing some very interesting that could be worth a fortune in time. All the best!
Let's stop throwing excrement at each other. Splatted isn't going to have any material impact on this share price. As an entity on the board I have no issues with them. Just filter rather than get ticked off... the internet is no place to argue it's like drinking poison and expecting your adversary to fall Ill.
This is a long hold as crypto is in it's infancy. Just chill out, nobody is going to the moon at midnight on this just yet. This is accumulation time. Coinsilium will come good. And if it doesn't...well that's AIM, diversity is key.
I noticed in the last update they are using ethereum as the base for the bridge rather than BTC. Could have sworn they said they would do smart contract for BTC. Oh well path of least resistance as eth already supports smart contracts. Exciting prospects looking forward to it all being zipped up and marketed to brands and retailers.
Be a great way of recording car service history too, be ideal to accompany sales of hyper cars.
Agree the longer it stays like this, the longer we have to top up at discount prices, but at the same time I wouldn't be disappointed to see the seller finished and out. If the SP crept up just a touch I'd still call it a bargain.
Great video, exciting partners too. Well produced video in general those after effects are quite classy. Shows pride in the presentation side of things. Marketing stepping up.
On a totally superfluous note, quite like the backing track, reminded me of old DJ lethal loops. Which shows both my age and the fact that I don't have much in the way of intelligent input to add to the discourse this week.
All the best!
At a glance this morning we appear to be getting a few more buys coming in now, perhaps word is getting out... the seller is still there, but the flow has decreased.
Not to get to distracted with short term price action, but would be nice to see a small move up as we get closer to Autumn.
Pumpky it's a legitimate concern, but as with all AIM shares you are at the mercy of so many unforeseen variables you just have to go with your instinct after thorough DD. None of us know if the II will offload straight out of the gates, I have seen it done before. Some of my life sciences and CBD investments are suffering short term because of this.
Just take the long view, copper prices up, copper required for the sustainable infrastructure expansions, experienced mining and finance people of the BOD, fantastic assets to explore and validate.
When the CEO is a geologist it does give you confidence that they know what they are doing. Now I'm sure I am opening up for the usual arguments of "oh it's a lifestyle company" yada yah... but still take the big picture view and dont worry about short term price action. It's nice to be blue early on mind and long may it continue.
Furthermore the proximity to processing plants and initial methods for ore extraction vide well. Once they verify the assets from the drilling programmes the capex will be significantly reduced on getting it processed and to market.
Perhaps the II will look long term. I know they can flip their shares for a tidy profit now, but think of the long term returns on this aswell. Hard to mine copper is becoming more economical by the day...
My opinion obviously and not trying to bash your point, just think the upside outlays the risk here.
NB: I have more confidence in ROCK than CCZ to deliver at this juncture.
Proactive interview timed inline with RNS, for those that missed it....
https://youtu.be/63osqMsSHow
Agreed with all, I have sorted out a few other positions over the last few months as I was reasonably comfortable with my MSYS position, but if it stays at these levels for a while longer I may add some more depending on cashflow.
If it takes a year so be it. As everyone has said great things to come and I do not doubt it for a second.
Best of luck!
Not wishing to Jinx things but the SP has held fairly well, only a minor step back. Although I was taken off guard I was glad of the top up opportunity.
When I took an initial position it was very speculative, so I didn't put much in, when it appeared to have legs I wished I had been able to add... so thus far it has worked out well for me. Having researched the assets and ROCK in more detail I feel more comfortable with this as an investment not just a speculative punt.
Dont get me wrong, plenty of risk, but certainly good upside here.
Those chucky 5mil sells are really hitting the SP in the head with a shovel at the moment. Shame really! This is such a promising company and yet we are dogged by enormous sell offs and no real knowledge of when that might end. I would use this opportunity to to top up, but they always happen at the wrong time for me.
Things will improve here by hook or by crook. The tech, the sectors, the international partnerships and revenue streams will change this for good, but as always we wait for news...I can wait mind, not nervous on MSYS, full conviction.
This is a good buying opportunity. I don't really see GILD in the same light as a lot of the penny growth shares. Feels like a relatively safe long term investment. So short term pain vs long term gain. Wish I had more left to top up with, but still 1000 odd extra shares will be nothing to sniff at in a few years time when this is motoring along.